2628 Armstrong Ave, Los Angeles, CA 90039
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2628 Armstrong Ave Los Angeles, CA 90039

$1,500,000 Sold Price as of 06/25/2024
  • 4 Beds
  • 3 Baths
  • 2,074 Sq.Ft.
Sold
$1,500,000 Sold Price as of 06/25/2024 Refinance Your Mortgage

Map preview of 2628 Armstrong Ave, Los Angeles, CA 90039

Property Overview: 2628 Armstrong Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,074 living square feet and 5,427 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 2628 Armstrong Avenue in Prime Silver Lake! This charming Spanish-style triplex offers a wonderful opportunity for both homeowners and investors alike. The property is comprised of a spacious two-bedroom, one-bathroom unit, along with two additional one-bedroom, one-bathroom units. As you step inside, you'll be engulfed by the character and warmth of the Spanish-style architecture along with integral details throughout. Each unit offers a unique blend of comfort and style, creating a welcoming atmosphere for the occupants. Property is just a stone's throw from the reservoir and all the other amazing amenities that make Silver Lake such a sought after neighborhood. With its versatile layout and potential for rental income, this triplex presents a fantastic opportunity for those seeking a Spanish-style property in a desirable location. This is a rare find in an exceptional neighborhood. Close to Ivanhoe Elementary, Silver Lake Meadow and Reservoir, and all the charms of Silver Lake.

Listed by Eugene Ridenour | BRE #01352359 | Compass
Co-listed by Kurt Wisner | BRE #01431217 | Compass
Last checked: 11 minutes ago | Last updated: September 3rd, 2024 | Source CRMLS | DOM: 16

Home details

Lot Sq. Ft
5,427
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24392011
City
Los Angeles
County
Los Angeles
Time on Site
135 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,357
  • Total Rent: $1,357
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,438
  • Total Rent: $1,438
  • 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 2628 Armstrong Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door, Driveway
Property Information
  • Total # of Units: 3
  • Parcel Number: 5439022010
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between W Silver Lake Blvd and Lakewood
View more facts & features

Local Los Angeles Agent

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Sale History for 2628 Armstrong Ave

Last sold for $1,500,000 on June 25th, 2024
  • June, 2024

  • Jun 25, 2024

    Date

    Sold

    CRMLS: 24392011

    $1,500,000

    Price

  • May 16, 2024

    Date

    Active

    CRMLS: 24392011

    $1,395,000

    Price

Tax History for 2628 Armstrong Ave

Assessed Value (2020): $216,381
Year Land Value Improved Value Assessed Value
2020 $105,394 $110,987 $216,381

Home Value Compared to the Market

This property vs the competition

2628 Armstrong Ave sold on June 25, 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 $672.61 per/sqft which puts the price per square foot 7.1% lower than the current median sale per square foot for the city of Los Angeles.

About 2628 Armstrong Ave

Detailed summary of property

2628 Armstrong Ave is a multi family that recently sold in Los Angeles, CA 90039. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 2,074 living square feet, and sits on an approximately 5,427 square foot lot. 2628 Armstrong Ave was first listed on ArdentRealEstateGroup.com on May 16, 2024. The homeowner sold the property for $1,500,000. 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 1920-1922 Mellon Ave, 1762 Glendale Blvd and 1922 Lake Shore Ave. While the average home in Los Angeles, CA is selling in 106 days, 2628 Armstrong Ave has a days on market of 16 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 2628 Armstrong Ave Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2628 Armstrong Ave

Public county record property details
Beds
3
Baths
3
Year built
1926
Sq. Ft.
2,074
Lot Size
5,389
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
101
APN
5439-022-010

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,688,880
Median List Price/Sq.Ft.
$918
Median Sold Price
$1,059,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
60
Median Sale to List Price %
96.36%
Avg Days on Market
19
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (7.69%), Other (30.77%)

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Related Resources to 2628 Armstrong Ave

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.