2614 S Central Ave, Los Angeles, CA 90011
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2614 S Central Ave Los Angeles, CA 90011

$455,000 Sold Price as of 05/13/2020
  • 3 Beds
  • 2 Baths
  • 1,595 Sq.Ft.
Sold
$455,000 Sold Price as of 05/13/2020 Refinance Your Mortgage

Map preview of 2614 S Central Ave, Los Angeles, CA 90011

Property Overview: 2614 S Central Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,595 living square feet and 6,504 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment Opportunity. "Centrally located" 2 bedroom 1 bathroom downstais and 1 bedroom 1 bathroom upstairs . Currently downstairs is low rent , used as a 3 bedroom unit and upstairs remodeling process uncomplete with City permits pending to finalize . Property needs TLC Seller looking to sell in "AS is Condition" C2 zoning , buildable . Great for Development , multi-unit apartments or commercial Large lot 44' front by 150' with rear alley with lots of parking

Listed by Daniel Garcia | BRE #01290885 | Juan C. Serrano, Broker
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
6,504
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW20036678
City
Los Angeles
County
Los Angeles
Time on Site
1268 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $1,675
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,450
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $37,200
  • Net Operating Income: $37,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $0

Property Details for 2614 S Central Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
  • Has Fence
  • Average Condition, Masonry, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned, Paved
Lot Information
  • Lot Features: Lot 6500-9999, Near Public Transit, Paved
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5119011008
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: south on adams blvd east of hooper
Neighborhood Information
  • Community Features: Biking, Sidewalks, Street Lights, Urban
View more facts & features

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Sale History for 2614 S Central Ave

Last sold for $455,000 on May 13th, 2020
  • May, 2020

  • May 15, 2020

    Date

    Sold

    CRMLS: PW20036678

    $455,000

    Price

  • Mar 31, 2020

    Date

    Price Change

    CRMLS: PW20036678

    $450,000

    Price

  • Mar 30, 2020

    Date

    Active

    CRMLS: PW20036678

    $379,000

    Price

  • Mar 26, 2020

    Date

    Hold

    CRMLS: PW20036678

    $379,000

    Price

  • Mar 26, 2020

    Date

    Active

    CRMLS: PW20036678

    $379,000

    Price

  • Mar 26, 2020

    Date

    Hold

    CRMLS: PW20036678

    $379,000

    Price

  • Mar 18, 2020

    Date

    Active

    CRMLS: PW20036678

    $379,000

    Price

  • Mar 5, 2020

    Date

    Active Under Contract

    CRMLS: PW20036678

    $379,000

    Price

  • Mar 2, 2020

    Date

    Hold

    CRMLS: PW20036678

    $379,000

    Price

  • Mar 2, 2020

    Date

    Active

    CRMLS: PW20036678

    $379,000

    Price

  • Feb 25, 2020

    Date

    Hold

    CRMLS: PW20036678

    $379,000

    Price

  • Feb 20, 2020

    Date

    Active

    CRMLS: PW20036678

    $379,000

    Price

  • May, 2020

  • May 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

  • May, 2020

  • May 13, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2614 S Central Ave

Assessed Value (2020): $27,964
Year Land Value Improved Value Assessed Value
2020 $17,011 $10,953 $27,964

Home Value Compared to the Market

This property vs the competition

2614 S Central Ave sold on May 13, 2020 for 64.68% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $282.13 per/sqft which puts the price per square foot 64.33% lower than the current median sale per square foot for the city of Los Angeles.

About 2614 S Central Ave

Detailed summary of property

2614 S Central Ave is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 1,595 living square feet, and sits on an approximately 6,504 square foot lot. 2614 S Central Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $455,000. 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 64.68% lower than the current median priced home. While the average home in Los Angeles, CA is selling in 100 days, 2614 S Central Ave has a days on market of 67 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 2614 S Central Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2614 S Central Ave

Public county record property details
Beds
2
Baths
1
Year built
1905
Sq. Ft.
1,386
Lot Size
6,501
Stories
--
Type
Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel
Pool
No
Spa
No
County
Los Angeles
Lot#
157
APN
5119-011-008

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$485
Total Inventory
47
Median Sale to List Price %
111.69%
Avg Days on Market
8
Loan Type
Conventional (16.67%), FHA (33.33%), VA (0%), Cash (0%), Other (33.33%)

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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.