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2648 Arvia St Los Angeles, CA 90065

$1,005,000 Sold Price as of 10/01/2021

8 Beds
7 Baths
2,396 Sq.Ft.

Sold

$1,005,000 Sold Price as of 10/01/2021 Refinance Your Mortgage

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Map preview of 2648 Arvia St, Los Angeles, CA 90065

Property Overview: 2648 Arvia St Los Angeles, CA has 8 bedrooms, 7 bathrooms, 2,396 living square feet and 5,399 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: NO MORE SHOWINGS - Best deal in the area! Unit 1: 3b+2ba 2 story house w/central air. Unit 2: 1br+1ba. Unit 3: 1br+1ba. Live in the back house and rent the 2 front units! Or rent all 3 units! Great investment property. There is also an additional structure next to the garage with plumbing and electricity. Can easily be turned into a 4th unit. Please note the projected total rent of $6,100 is a very conservative projection and may exceed $7,000 in total rent. The property has an automatic gate w/ remote control. Take advantage of this property in the desirable Cypress Park/Glassell Park area, minutes from DTLA, Pasadena, Silverlake/Echo Park and Eagle Park. Easy to show. Don't miss out on this unique property!

Listed by Simon Maldonado | BRE #01965041 | Keller Williams Hollywood Hills

Last checked: 19 seconds ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft: 5,399
HOA Dues: $0/mo
Year built: 1922
Garage: 2 Car
Property Type:: Multi Family

Status: Sold
MLS#: 21762958
City: Los Angeles
County: Los Angeles
Time on Site: 1014 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 3
# of Electric Meters: 3
# of Gas Meters: 3

Unit Breakdown 1

# of Units: 1
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,900

Unit Breakdown 2

# of Units: 2
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,100
Total Rent: $1,100
Pro Forma/Market Rent: $1,600

Unit Breakdown 3

# of Units: 3
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $1,600

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 2648 Arvia St

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central, Wall Furnace

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 2
# of Parking Spaces: 4
Has Parking
Parking Features: Detached Carport, Driveway

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 3
Parcel Number: 5454036021

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Other

Location / Neighborhood

Location Information

Directions: East of San Fernando Road and West of Cypress Avenue. East of the 5 FWY and South of the 2 FWY.

View more facts & features

Local Los Angeles Agent

Sale History for 2648 Arvia St

Last leased for $1,895 on August 25th, 2022

August, 2022
Aug 25, 2022

Date

Leased

CRMLS: P1-10749

$1,895

Price
Aug 4, 2022

Date

Active

CRMLS: P1-10749

$1,895

Price
Listing provided courtesy of CRMLS

Newly remodeled triplex located in Cypress Park, surrounded by Northeast L.A.'s most vibrant neighborhoods. This charming 1 bedroom unit features an open layout, recessed lighting, air conditioning, new flooring, 2 entrances and an Arlo doorbell. The kitchen includes stainless steel appliances, shaker-style cabinetry, and quartz countertops. Property is gated and offers one driveway parking space. Excellent location minutes from Rio de Los Angeles State Park, L.A. River Bike Path and a 10 minute drive from all of the restaurants, bars and shops in the Downtown L.A. Arts District, Highland Park, Eagle Rock, Atwater Village & Frogtown. Convenient access to the 2, 5 and 110 freeways as well as the Metro L gold line.

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February, 2022
Feb 25, 2022

Date

Leased

CRMLS: P1-8228

$3,795

Price
Feb 10, 2022

Date

Active

CRMLS: P1-8228

$3,795

Price
Listing provided courtesy of CRMLS

Be the first to enjoy this beautifully renovated two-story home located in Cypress Park, surrounded by Northeast L.A.'s most vibrant neighborhoods. The main level features an open floorpan with a brand new kitchen including stainless steel appliances, quartz counters, shaker style cabinetry and a breakfast bar. Upstairs there are 3 light-filled bedrooms with treetop and hillside views, a full bathroom and a dedicated laundry space with an LG front loading washer and dryer. This is the rear unit of a triplex with no shared walls, offering privacy and a spacious layout with approximately 1,200sq/ft. Other features include hardwood floor, recessed lighting, central air and heat, automatic gated entry and 2 carport parking spaces. Ideal location minutes from Rio de Los Angeles State Park, L.A. River Bike Path and a 10 minute drive from all of the restaurants, bars and shops in the Downtown L.A. Arts District, Highland Park, Eagle Rock, Atwater Village & Frogtown. Convenient access to the 2, 5 and 110 freeways as well as the Metro L gold line.

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September, 2021
Sep 2, 2021

Date

Expired

CRMLS: 20671620

$850,000

Price
Apr 30, 2021

Date

Withdrawn

CRMLS: 20671620

$850,000

Price
Mar 2, 2021

Date

Hold

CRMLS: 20671620

$850,000

Price
Mar 1, 2021

Date

Active

CRMLS: 20671620

$850,000

Price
Listing provided courtesy of CRMLS

Best deal in the area! Unit 1: 3b+2ba 2 story house w/central air. Unit 2: 1br+1ba. Unit 3: 1ba+1ba. Live in the back house and rent the 2 front units! Or rent all 3 units! Great investment property. There is also an additional structure next to the garage with plumbing and electricity. Can easily be turned into a 4th unit. Please note the projected total rent of $6,100 is a very conservative projection and may exceed $7,000 in total rent. The property has an automatic gate w/ remote control. Take advantage of this property in the desirable Cypress Park/Glassell Park area, minutes from DTLA, Pasadena, Silverlake/Echo Park and Eagle Park. Easy to show. Don't miss out on this unique property!

Continue Reading
August, 2021
Aug 6, 2021

Date

Pending

CRMLS: 21762958

$895,000

Price
Jul 27, 2021

Date

Active

CRMLS: 21762958

$895,000

Price
March, 2020
Mar 11, 2020

Date

Canceled

CRMLS: 20549792

$850,000

Price
Mar 11, 2020

Date

Active

CRMLS: 20549792

$850,000

Price
Feb 20, 2020

Date

Hold

CRMLS: 20549792

$850,000

Price
Feb 5, 2020

Date

Active

CRMLS: 20549792

$850,000

Price
Listing provided courtesy of CRMLS

No more showings - Best deal in the area! Owner lives in Unit 1 and received verbal confirmation from tenants that they will be vacating Units 2 and 3 on 03/15/20. Please reach out to listing agent for more information. Unit 1: 3b+2ba 2 story house w/central air. Unit 2: 1br+1ba. Unit 3: 1ba+1ba. Live in the back house and rent the 2 front units! Or rent all 3 units! Great investment property. There is also an additional structure next to the garage with plumbing and electricity. Can easily be turned into a 4th unit. Please note the projected total rent of $6,100 is a very conservative projection and may exceed $7,000 in total rent. The property has an automatic gate w/ remote control. Take advantage of this property in the desirable Cypress Park/Glassell Park area, minutes from DTLA, Pasadena, Silverlake/Echo Park and Eagle Park. Easy to show. Don't miss out on this unique property!

Continue Reading

Tax History for 2648 Arvia St

Assessed Value (2020): $104,829

Year	Land Value	Improved Value	Assessed Value
2020	$24,404	$80,425	$104,829

Home Value Compared to the Market

This property vs the competition

2648 Arvia St sold on October 1, 2021 for 24.79% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $373.54 per/sqft which puts the price per square foot 50.52% lower than the current median sale per square foot for the city of Los Angeles.

About 2648 Arvia St

Detailed summary of property

2648 Arvia St is a multi family that recently sold in Los Angeles, CA 90065. This multi family property offered 8 bedrooms, 7 bathrooms, roughly 2,396 living square feet, and sits on an approximately 5,399 square foot lot. 2648 Arvia St was first listed on ArdentRealEstateGroup.com on July 27, 2021. The homeowner sold the property for $1,005,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.79% lower than the current median priced home. Local homes that are currently for sale include 829 El Paso Dr, 2001 Berkeley Ave and 2415 Gates St. While the average home in Los Angeles, CA is selling in 94 days, 2648 Arvia St has a days on market of 9 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2648 Arvia St Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2648 Arvia St

Public county record property details

Beds: 5
Baths: 4
Year built: 1922
Sq. Ft.: 2,396
Lot Size: 5,399
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 20
APN: 5454-036-021

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,174,000

Median List Price/Sq.Ft.

$752

Median Sold Price

$1,029,752

Median Sold Price/Sq.Ft.

$695

Total Inventory

Median Sale to List Price %

101.06%

Avg Days on Market

Loan Type

Conventional (18.75%), FHA (0%), VA (0%), Cash (12.5%), Other (6.25%)

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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.