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2522 S Dunsmuir Ave Los Angeles, CA 90016

$1,493,000 Sold Price as of 06/23/2020

10 Beds
6 Baths
-- Sq.Ft.

Sold

$1,493,000 Sold Price as of 06/23/2020 Refinance Your Mortgage

Map preview of 2522 S Dunsmuir Ave, Los Angeles, CA 90016

Property Overview: 2522 S Dunsmuir Ave Los Angeles, CA has 10 bedrooms, 6 bathrooms, -- living square feet and 6,110 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: OPPORTUNITY ZONED! ZONED RD1.5 TOC Tier 1! CURRENT CAP RATE 6.1%, 1 UNIT COMES VACANT Fully renovated 4 plex on a quiet tree lined Cul De Sac right in the center of developing Hot West Adams Proper. Good mix of Large 3 bedrm and 2 bedrm units which have potential to renovate to all 3 bedrms and 2 bathrms each by reorganizing the spacious 1,242 SF space per unit. Laundry rm area available in each unit, separately metered, secured gate entry with plenty of parking space for the tenants. It is the perfect opportunity for owner-user or investor looking for value add. Reinvigorated by the Expo Line expansion, Opportunity Zones and spillover from neighboring tech hot spots like Culver City, West Adams is the future more than any other place in the market.

Listed by Vinnie Park | BRE #02015848 | Coldwell Banker Realty

Last checked: 6 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 51

Home details

Lot Sq. Ft: 6,110
HOA Dues: $0/mo
Year built: 1928
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20575554
City: Los Angeles
County: Los Angeles
Time on Site: 1269 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $2,800
Total Rent: $2,800
Pro Forma/Market Rent: $3,500

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Actual Rent: $1,800
Total Rent: $1,800
Pro Forma/Market Rent: $2,500

Unit Breakdown 3

# of Units: 1
# of Beds: 3
# of Baths: 2
Actual Rent: $2,800
Total Rent: $2,800
Pro Forma/Market Rent: $3,500

Unit Breakdown 4

# of Units: 1
# of Beds: 2
# of Baths: 1
Total Rent: $0
Pro Forma/Market Rent: $2,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 0
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 2522 S Dunsmuir Ave

Interior Features

Cooling Information

No Cooling
None

Lot Details / Garage and Parking

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 4
Parcel Number: 5043002015

Location / Neighborhood

Location Information

Directions: North of W Adams, West of S Redondo Blvd

View more facts & features

Local Los Angeles Agent

Sale History for 2522 S Dunsmuir Ave

Last sold for $1,499,000 on June 23rd, 2020

February, 2023
Feb 21, 2023

Date

Canceled

CRMLS: 23234995

$2,195,000

Price
Jan 23, 2023

Date

Active

CRMLS: 23234995

$2,199,000

Price
Listing provided courtesy of CRMLS

Great INVESTMENT opportunity in the historic neighborhood of West Adams! ****Total Gross in income over $11,000/month. *** Conveniently nestled in an Opportunity zone with tons of future development potential, this four-unit residential building provides an exceptional investment opportunity. Located on a cul-de-sac lot, the property welcomes residents with mature tropical landscaping, a classic stucco exterior, a long-paved driveway, and a gated entry. Cumulatively totaling approximately 4,970 square feet, each 1,242 square foot unit features four units, which consist of (1) 2-bedroom, 1-bath unit and (3) 3-bedroom, 2-bath units. Explore the first floor 3BR/2BA unit to find an openly flowing traditional floor-plan, beautiful faux wood flooring, abundant natural light, a neutral color scheme, a large living room, and an updated open concept kitchen with stainless steel appliances, white cabinetry, quartz countertops, and a breakfast bar. Perfectly sized, the primary bedroom also features a deep closet and an attached en suite, while the two guest bedrooms may be ideal for home offices or flex spaces. In addition, this unit also offers a private large, over 900 sqft outdoor space that is great for entertaining guests, A/C wall units, and in-unit laundry. Also downstairs, you will find a two-bedroom and 1bathroom unit; as you step inside, you are captivated by the organically flowing floor plan, stylish flooring, neutral tones, large living room, and fully equipped kitchens with ample cabinetry, gas ranges/ovens, and dining areas. Offering the possibility of reconfiguration, this unit may be converted into a three-bedroom/two-bathroom floor plan. Upstairs, you will find (2) 3 bedroom, 2bathroom units with mirror image floor plans that boast an openly flowing traditional floor plan, a neutral color scheme, attractive faux wood flooring, a spacious living room, an eat-in kitchen with stainless steel appliances, and a dining area. Each unit offers a primary bedroom, an en suite, a dedicated closet, and two extra guest bedrooms. Other features of this building: include an on-site laundry room, each unit has two designated parking spaces, a large shed, and separate gas and electric meters. With proximity, residents can easily venture to Downtown LA or Santa Monica to enjoy shopping, restaurants, and all the amenities that Los Angeles offers! Take advantage of the potential tax benefits of this opportunity zone property and schedule your private showing!

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January, 2023
Jan 23, 2023

Date

Canceled

CRMLS: 22214973

$2,299,000

Price
Nov 3, 2022

Date

Active

CRMLS: 22214973

$2,299,000

Price
Listing provided courtesy of CRMLS

Great INVESTMENT opportunity in the historical neighborhood of West Adams! Conveniently nestled in an Opportunity zone with tons of future development potential, this four-unit residential building provides an exceptional investment opportunity. Located on a cul-de-sac lot, the property welcomes residents with mature tropical landscaping, a classic stucco exterior, a long-paved driveway, and a gated entry. Cumulatively totaling approximately 4,970 square feet, each 1,242 square foot unit features 4 units, which consist of (1) 2-bedroom, 1-bath unit and (3) 3-bedroom, 2-bath units. Explore the first floor 3BR/2BA unit to find an openly flowing traditional floor-plan, beautiful faux wood flooring, abundant natural light, a neutral color scheme, a large living room, and an updated open concept kitchen with stainless steel appliances, white cabinetry, quartz countertops, and a breakfast bar. Perfectly sized, the primary bedroom also features a deep closet and an attached en suite, while the two guest bedrooms may be ideal for home offices or flex spaces. In addition, this unit also offers a private large over 900 sqft outdoor space that is great for entertaining guests, A/C wall units, and in-unit laundry. Also downstairs, you will find a two-bedroom and 1bathroom unit, as you step inside you are captivated by the organically flowing floor plan, stylish flooring, neutral tones, large living room, and fully equipped kitchens with ample cabinetry, gas ranges/ovens, and dining areas. Offering the possibility of reconfiguration, this unit may be converted into a three-bedroom/two-bathroom floor plan. Upstairs, you will find (2) 3 bedroom, 2bathroom units with mirror image floor plans that boast an openly flowing traditional floor plan, a neutral color scheme, attractive faux wood flooring, a spacious living room, an eat-in kitchen with stainless steel appliances, and a dining area. Each unit offers a primary bedroom with an en suite and a dedicated closet, in addition to two extra guest bedrooms. Other features of this building: an on-site laundry room, each unit has 2 designated parking spaces, a large shed, and separate gas and electric meters. With proximity, residents can easily venture to Downtown LA or Santa Monica to enjoy shopping, restaurants, and all the amenities that Los Angeles has to offer! Take advantage of the potential tax benefits of this opportunity zone property and schedule your private showing!

Continue Reading
June, 2020
Jun 25, 2020

Date

Sold

CRMLS: 20575554

$1,493,000

Price
Jun 25, 2020

Date

Pending

CRMLS: 20575554

$1,499,800

Price
May 3, 2020

Date

Active

CRMLS: 20575554

$1,499,800

Price
June, 2020
Jun 23, 2020

Date

Sold (Public Records)

Public Records

$1,499,000

Price
May, 2020
May 3, 2020

Date

Canceled

CRMLS: 20572574

$1,499,800

Price
Apr 22, 2020

Date

Active

CRMLS: 20572574

$1,499,800

Price
Listing provided courtesy of CRMLS

OPPORTUNITY ZONED! 8,749 SF LOT ZONED RD1.5 TOC Tier 1! CURRENT CAP RATE 6.1%, 1 UNIT COMES VACANT Fully renovated 4 plex on a quiet tree lined Cul De Sac right in the center of developing Hot West Adams Proper. Good mix of Large 3 bedrm and 2 bedrm units which have potential to renovate to all 3 bedrms and 2 bathrms each by reorganizing the spacious 1,242 SF space per unit. Laundry rm area available in each unit, separately metered, secured gate entry with plenty of parking space for the tenants. It is the perfect opportunity for owner-user or investor looking for value add. Reinvigorated by the Expo Line expansion, Opportunity Zones and spillover from neighboring tech hot spots like Culver City, West Adams is the future more than any other place in the market.

Continue Reading
May, 2020
May 1, 2020

Date

Expired

CRMLS: 20547862

$1,499,900

Price
Apr 21, 2020

Date

Withdrawn

CRMLS: 20547862

$1,499,900

Price
Apr 7, 2020

Date

Price Change

CRMLS: 20547862

$1,499,900

Price
Mar 24, 2020

Date

Price Change

CRMLS: 20547862

$1,500,000

Price
Mar 9, 2020

Date

Price Change

CRMLS: 20547862

$1,999,600

Price
Feb 3, 2020

Date

Price Change

CRMLS: 20547862

$1,999,700

Price
Jan 27, 2020

Date

Active

CRMLS: 20547862

$1,999,800

Price
Listing provided courtesy of CRMLS

OPPORTUNITY ZONED! 8,749 SF LOT ZONED RD1.5 TOC Tier 1! CURRENT CAP RATE 5.7%, 50% VACANT Fully renovated 4 plex on a quiet tree lined Cul De Sac right in the center of developing Hot West Adams Proper. Good mix of Large 3 bedrm and 2 bedrm units which have potential to renovate to all 3 bedrms and 2 bathrms each by reorganizing the spacious 1,242 SF space per unit. Laundry rm area available in each unit, separately metered, secured gate entry with plenty of parking space for the tenants. It is the perfect opportunity for owner-user or investor looking for value add. Reinvigorated by the Expo Line expansion, Opportunity Zones and spillover from neighboring tech hot spots like Culver City, West Adams is the future more than any other place in the market.

Continue Reading
August, 2016
Aug 26, 2016

Date

Sold (Public Records)

Public Records

$637,500

Price

Tax History for 2522 S Dunsmuir Ave

Assessed Value (2020): $676,519

Year	Land Value	Improved Value	Assessed Value
2020	$477,543	$198,976	$676,519

Home Value Compared to the Market

This property vs the competition

2522 S Dunsmuir Ave sold on June 23, 2020 for 17.72% higher than the current median sold price for the city of Los Angeles which is $1,274,000.

About 2522 S Dunsmuir Ave

Detailed summary of property

2522 S Dunsmuir Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 10 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 6,110 square foot lot. 2522 S Dunsmuir Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,493,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 17.72% higher than the current median priced home. Local homes that are currently for sale include 1618 S Burnside Ave, 1612 S Sierra Bonita Ave and 1814 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 100 days, 2522 S Dunsmuir Ave has a days on market of 51 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 2522 S Dunsmuir Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2522 S Dunsmuir Ave

Public county record property details

Beds: 8
Baths: 4
Year built: 1928
Sq. Ft.: 4,970
Lot Size: 6,110
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 9,10
APN: 5043-002-015

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,098,000

Median List Price/Sq.Ft.

$760

Median Sold Price

$1,125,000

Median Sold Price/Sq.Ft.

$704

Total Inventory

Median Sale to List Price %

102.27%

Avg Days on Market

Loan Type

Conventional (15.38%), FHA (0%), VA (0%), Cash (0%), Other (23.08%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.