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2714 Phelps Ave, Los Angeles, CA 90032
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2714 Phelps Ave Los Angeles, CA 90032

$800,000 Sold Price as of 03/08/2021
  • 6 Beds
  • 5 Baths
  • 3,296 Sq.Ft.
Sold
$800,000 Sold Price as of 03/08/2021 Refinance Your Mortgage
Map preview of 2714 Phelps Ave, Los Angeles, CA 90032

Property Overview: 2714 Phelps Ave Los Angeles, CA has 6 bedrooms, 5 bathrooms, 3,296 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderful Income Property!! Two apartment buildings on one lot with courtyard in between. This property features 4 spacious single bedroom apartments, and a two bedroom apartment. The complex also includes laundry facilities and 4 carports.

Listed by GABRIELA OCHOA | BRE #01996385 | Crest Sotheby's International Realty
Co-listed by BETSY HERRICK | BRE #01825186 | Crest Sotheby's International Realty
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 182

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1957
Garage
4 Car
Property Type:
Apartment
Status
Sold
MLS#
IV20036344
City
Los Angeles
County
Los Angeles
Time on Site
1354 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $1,200
  • Professional Management: $0

Property Details for 2714 Phelps Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Attached Carport, Driveway
Lot Information
  • Lot Features: Utilities - Overhead
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 5217006003
  • Year Built Source: Assessor
  • 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
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: 710 to Valley to Northeastern to Lombardy to Phelps
Neighborhood Information
  • Community Features: Foothills
View more facts & features

Local Los Angeles Agent

Sale History for 2714 Phelps Ave

Last sold for $800,000 on March 8th, 2021

  • March, 2021

  • Mar 9, 2021

    Date

    Sold

    CRMLS: IV20036344

    $800,000

    Price

  • Aug 28, 2020

    Date

    Pending

    CRMLS: IV20036344

    $850,000

    Price

  • Feb 27, 2020

    Date

    Active

    CRMLS: IV20036344

    $850,000

    Price

  • Feb 19, 2020

    Date

    Hold

    CRMLS: IV20036344

    $850,000

    Price

  • Feb 19, 2020

    Date

    Active

    CRMLS: IV20036344

    $850,000

    Price

  • February, 2021

  • Feb 13, 2021

    Date

    Pending

    CRMLS: IV20064210

    $850,000

    Price

  • Mar 27, 2020

    Date

    Active

    CRMLS: IV20064210

    $850,000

    Price

  • Listing provided courtesy of CRMLS

  • February, 2020

  • Feb 17, 2020

    Date

    Expired

    CRMLS: IV19266974

    $850,000

    Price

  • Dec 10, 2019

    Date

    Hold

    CRMLS: IV19266974

    $850,000

    Price

  • Nov 19, 2019

    Date

    Active

    CRMLS: IV19266974

    $850,000

    Price

  • Listing provided courtesy of CRMLS

Show More

Tax History for 2714 Phelps Ave

Assessed Value (2020): $350,048
Year Land Value Improved Value Assessed Value
2020 $78,529 $271,519 $350,048

Home Value Compared to the Market

This property vs the competition

2714 Phelps Ave sold on March 8, 2021 for 24.11% lower 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 $257.89 per/sqft which puts the price per square foot 64.38% lower than the current median sale per square foot for the city of Los Angeles.

About 2714 Phelps Ave

Detailed summary of property

2714 Phelps Ave is a apartment that recently sold in Los Angeles, CA 90032. This apartment offered 6 bedrooms, 5 bathrooms, roughly 3,296 living square feet, and sits on an approximately 5,000 square foot lot. 2714 Phelps Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $800,000. 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 24.11% lower than the current median priced home. Local homes that are currently for sale include 954 Geraghty Ave, 2333 Eastlake Ave and 2675 Pomeroy Ave. While the average home in Los Angeles, CA is selling in 106 days, 2714 Phelps Ave has a days on market of 182 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 2714 Phelps Ave Los Angeles, CA 90032 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2714 Phelps Ave

Public county record property details
Beds
6
Baths
5
Year built
1957
Sq. Ft.
3,296
Lot Size
5,000
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
69
APN
5217-006-003

The source for these homes facts are from public records.

90032 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$677
Median Sold Price
$765,000
Median Sold Price/Sq.Ft.
$711
Total Inventory
57
Median Sale to List Price %
109.44%
Avg Days on Market
22
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (16.67%), Other (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.

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