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2577 S Sepulveda Blvd, Los Angeles, CA 90064
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2577 S Sepulveda Blvd Los Angeles, CA 90064

$1,360,000 Sold Price as of 05/24/2024
  • 7 Beds
  • 5 Baths
  • 3,341 Sq.Ft.
Sold
$1,360,000 Sold Price as of 05/24/2024 Refinance Your Mortgage
Map preview of 2577 S Sepulveda Blvd, Los Angeles, CA 90064

Property Overview: 2577 S Sepulveda Blvd Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,341 living square feet and 4,883 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 5 units in West LA at an incredible price. On-site parking, on-site laundry. Walk to Metro Station, shopping, restaurants etc. Close to everything on the west side. Seismic retrofit has not been done. Seller has paid $11,000 for seismic retrofit plans to be drawn and submitted. Check docs for a quote from 2022. OM with rent roll in docs. This is a fantastic value add property. Call listing agent for details!

Listed by Joseph La Croix | BRE #01248586 | Keller Williams Beverly Hills
Last checked: 57 seconds ago | Last updated: May 24th, 2024 | Source CRMLS | DOM: 80

Home details

Lot Sq. Ft
4,883
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24361993
City
Los Angeles
County
Los Angeles
Time on Site
215 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,413
  • Total Rent: $1,359
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,178
  • Total Rent: $1,133
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,872
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,934
  • Total Rent: $1,860
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.6%
  • Gross Rent Multiplier: 14.06
  • Gross Scheduled Income: --
  • Net Operating Income: $78,942
  • Gross Operating Income: $100,448
  • Laundry Income: $1,220
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2577 S Sepulveda Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 5
  • Parcel Number: 4256012011
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West side of Sepulveda Blvd between Pico and National.
View more facts & features

Local Los Angeles Agent

Sale History for 2577 S Sepulveda Blvd

Last sold for $1,360,000 on May 24th, 2024

  • May, 2024

  • May 24, 2024

    Date

    Sold

    CRMLS: 24361993

    $1,360,000

    Price

  • Feb 25, 2024

    Date

    Active

    CRMLS: 24361993

    $1,395,000

    Price

  • February, 2023

  • Feb 6, 2023

    Date

    Expired

    CRMLS: PW22238564

    $2,100,000

    Price

  • Nov 8, 2022

    Date

    Active

    CRMLS: PW22238564

    $2,100,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to purchase 5 apt units located in Desirable WLA/Westwood area-Walking distance to Metro Station to go to DTLA/USC and other locations via rail - Close proximity to UCLA/Westwood area - Rents are VERY LOW - Great opportunity to greatly improve the income - 2 story built 1963 - Escrow to close 2023 and seller desires a 1031 Exchange at no extra cost to buyer. Owner pays water, Tenants pay electricity and gas. Note: Expenses are estimated at this time, will get correct amounts from accountant and re-enter amounts upon receiving.

  • August, 1997

  • Aug 8, 1997

    Date

    Sold (Public Records)

    Public Records

    $252,000

    Price

Show More

Tax History for 2577 S Sepulveda Blvd

Assessed Value (2020): $367,909
Year Land Value Improved Value Assessed Value
2020 $192,714 $175,195 $367,909

Home Value Compared to the Market

This property vs the competition

2577 S Sepulveda Blvd sold on May 24, 2024 for 24.55% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $417.54 per/sqft which puts the price per square foot 42.33% lower than the current median sale per square foot for the city of Los Angeles.

About 2577 S Sepulveda Blvd

Detailed summary of property

2577 S Sepulveda Blvd is a multi family that recently sold in Los Angeles, CA 90064. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 3,341 living square feet, and sits on an approximately 4,883 square foot lot. 2577 S Sepulveda Blvd was first listed on ArdentRealEstateGroup.com on February 26, 2024. The homeowner sold the property for $1,360,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.55% higher than the current median priced home. Local homes that are currently for sale include 6064 Horner St, 6064 Cashio St and 2729 S Spaulding Ave. While the average home in Los Angeles, CA is selling in 106 days, 2577 S Sepulveda Blvd has a days on market of 80 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 2577 S Sepulveda Blvd Los Angeles, CA 90064 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2577 S Sepulveda Blvd

Public county record property details
Beds
7
Baths
5
Year built
1963
Sq. Ft.
3,341
Lot Size
4,882
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
4256-012-011

The source for these homes facts are from public records.

90064 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,949,000
Median List Price/Sq.Ft.
$1,005
Median Sold Price
$1,530,000
Median Sold Price/Sq.Ft.
$1,087
Total Inventory
74
Median Sale to List Price %
95.92%
Avg Days on Market
49
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (8.33%), Other (0%)

Thinking of Selling?

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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.

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