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2625 W 17th St, Los Angeles, CA 90019
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2625 W 17th St Los Angeles, CA 90019

$1,550,000 Sold Price as of 02/03/2023
  • 5 Beds
  • 4 Baths
  • 2,893 Sq.Ft.
Sold
$1,550,000 Sold Price as of 02/03/2023 Refinance Your Mortgage
Map preview of 2625 W 17th St, Los Angeles, CA 90019

Property Overview: 2625 W 17th St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,893 living square feet and 6,749 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: - RECENT CHANGE UPDATE- 1Bed/1Bath,Kitchen & living room UNIT "2625" Available . You've really hit the jackpot with this rare, highly sought-after, and amazingly valued investment opportunity that's simply too good to miss. Located in Arlington Heights, on a tree-lined street, this is a well-established, remodeled triplex that, based on past experience, you can expect to provide an excellent outlook in terms of long-term profit potential. A definite bonus in terms of convenience, all units have their own meters, which means that tenants will be paying for their own electricity & gas. In addition, no fix-up funds will be needed in order for you to assume ownership, as the living areas in your rental units are in exceptional condition and have been very well-maintained. Among the many desirable features that are offered are bright, inviting interiors with hardwood-style flooring and individual central air conditioning. For your benefit, all four of the baths have recently been modernized with new floors, fixtures, and paint. Outside, you'll have abundant paved parking space available for 6 vehicles. In addition, the garage at the back of the lot offers possibilities for an ADU conversion. A fabulous location is sure to attract the attention of future occupants with schools as well as popular shopping and dining destinations nearby. As a premium perk, the triplex is just a few blocks from easy access to I-10. This incredible property really does have it all, so come take a tour while it's still available!

Listed by Gerlin Munoz | BRE #01772541 | Berkshire Hathaway HSCP
Last checked: 7 minutes ago | Last updated: February 4th, 2023 | Source CRMLS | DOM: 212

Home details

Lot Sq. Ft
6,749
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB22047085
City
Los Angeles
County
Los Angeles
Time on Site
930 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $3,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,500
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $15,313
  • Trash: $0
  • Insurance: $2,500
  • Water/Sewer: $0

Property Details for 2625 W 17th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Washer Hookup
Fireplace Information
  • None, Dining Room
Room Information
  • Flooring: Laminate
  • All Bedrooms Down, All Bedrooms Up
Interior Features
  • 2 Staircases, Beamed Ceilings, Ceiling Fan(s), Granite Counters
  • Security Features: Fire and Smoke Detection System, Fire Sprinkler System
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned, Driveway, Garage, Parking Space, Private
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5072032026
  • Year Built Source: Public Records
  • Architectural Style: Cape Cod
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: 10 E. Exit-Arlington make right 17th St. Left/ Between Arlington and 3rd Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2625 W 17th St

Last sold for $1,550,000 on February 3rd, 2023

  • April, 2022

  • Apr 18, 2022

    Date

    Hold

    CRMLS: SB22047085

    $1,250,000

    Price

  • Mar 31, 2022

    Date

    Price Change

    CRMLS: SB22047085

    $1,250,000

    Price

  • Mar 12, 2022

    Date

    Coming Soon

    CRMLS: SB22047085

    $1,295,000

    Price

  • January, 2022

  • Jan 29, 2022

    Date

    Pending

    CRMLS: SB21268339

    $1,250,000

    Price

  • Jan 2, 2022

    Date

    Price Change

    CRMLS: SB21268339

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    GOOD & HIGH RENTS!! HIGH & GREAT RENTAL INCOME! Either for investment or for primary 3 Unit usage. This units offer up to 13% higher rents within one mile to all other "Rental Income "listing comparisons. This 3 units are currently all rented by Great & very cooperating tenants. This 3 units are surrounded by beautiful upcoming new building structures within the neighboring street. Wonderful spacious parking up to 6 vehicles with no hassle. These 3 Units consist of 3Bed 2Bath/ 1Bed 1Bath/ and 2Bed 1Bath. Units include Central Air , UTILITIES ARE PAID BY ALL 3 METERS & 3 METERS PAY FOR ALLLLL UTILITIES INDIVIDUALLY... Seller is READY SELL!! minor tlc

  • December, 2021

  • Dec 29, 2021

    Date

    Canceled

    CRMLS: SB21068611

    $625,000

    Price

  • Apr 2, 2021

    Date

    Pending

    CRMLS: SB21068611

    $625,000

    Price

  • Apr 2, 2021

    Date

    Active

    CRMLS: SB21068611

    $625,000

    Price

  • Apr 2, 2021

    Date

    Pending

    CRMLS: SB21068611

    $625,000

    Price

  • Apr 2, 2021

    Date

    Active

    CRMLS: SB21068611

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    Short Sale. Sales price and commission subject to lender approval.some TLC but has great potential. Perfect for investor property needs work. Three units in Mid condition. property sold in present conditions no repairs will be made no termite.

  • April, 2020

  • Apr 29, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2019

  • Oct 29, 2019

    Date

    Canceled

    CRMLS: 19514546

    $1,249,000

    Price

  • Oct 14, 2019

    Date

    Active

    CRMLS: 19514546

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible income-producing property! Three vacant units ( IN LA! ) lightly remodeled, just enough for you to make you own. The first duplex building consists of a large, 2 story, 3 bedroom 2 bath unit with tons of natural light, its own private side yard through dining area though French doors and tons of original charm. New kitchen cabinets and its own laundry room makes. This one definitely has room to expand! The neighboring attached unit consists of a one bedroom, 1 bath with new kitchen cabinets and countertops, laundry hookups and plenty of storage. Large bay window allows naturallight in. Detached 3rd unit is an adorable 1 bedroom 1bath home with a cozy eating nook, new kitchen and of course, and it's own indoor laundry area. All units are equipped with central A/C and a new roof. Two car garage can easily be converted to an ADU for maximum income. Centrally located to major freeway, minutes from downtown la, and beach cities.

  • September, 2019

  • Sep 25, 2019

    Date

    Canceled

    CRMLS: 19504002

    --

    Price

  • Listing provided courtesy of CRMLS

    Incredible income-producing property! Three vacant units ( IN LA! ) lightly remodeled. The duplex building consists of a large, 2 story, 3 bedroom 2 bath unit. Formal dining room with french doors and tons of original charm. New kitchen cabinets and its own laundry room. This one definitely has room to expand! The neighboring unit consists of one bedroom, 1 bath with new kitchen cabinets and countertops, laundry hookups and plenty of storage. Detached 3rd unit is an adorable 1 bedroom 1bath home with an eating nook, new kitchen and of course, it's own indoor laundry area. All units are equipped with central A/C and a new roof. Two car garage can easily be converted to an ADU for maximum income. Centrally located to major freeway, minutes from downtown la, and beach cities.

  • March, 2019

  • Mar 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $780,000

    Price

Show More

Tax History for 2625 W 17th St

Assessed Value (2020): $795,900
Year Land Value Improved Value Assessed Value
2020 $556,920 $238,980 $795,900

Home Value Compared to the Market

This property vs the competition

2625 W 17th St sold on February 3, 2023 for 38.39% 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 $535.78 per/sqft which puts the price per square foot 26% lower than the current median sale per square foot for the city of Los Angeles.

About 2625 W 17th St

Detailed summary of property

2625 W 17th St is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,893 living square feet, and sits on an approximately 6,749 square foot lot. 2625 W 17th St was first listed on ArdentRealEstateGroup.com on March 12, 2022. The homeowner sold the property for $1,550,000. 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 38.39% higher than the current median priced home. Local homes that are currently for sale include 1419 S Bronson Ave, 2234 W Adams Blvd and 1405 S Bronson Ave. While the average home in Los Angeles, CA is selling in 106 days, 2625 W 17th St has a days on market of 212 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 2625 W 17th St Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2625 W 17th St

Public county record property details
Beds
5
Baths
4
Year built
1923
Sq. Ft.
2,893
Lot Size
6,749
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16,17
APN
5072-032-026

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,399,999
Median List Price/Sq.Ft.
$702
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
94
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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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