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2725 S La Brea Ave, Los Angeles, CA 90016
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2725 S La Brea Ave Los Angeles, CA 90016

$6,990,000
  • 32 Beds
  • 32 Baths
  • 15,860 Sq.Ft.
For Sale
$6,990,000 Get Pre-Qualified
Map preview of 2725 S La Brea Ave, Los Angeles, CA 90016

Property Overview: 2725 S La Brea Ave Los Angeles, CA has 32 bedrooms, 32 bathrooms, 15,860 living square feet and 15,999 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: THIS IS THE ONE: NEWLY BUILT (2022) -NO RENT CONTROL, fully stabilized 10-UNITS located at 2725-2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co-living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long-term sustainable investment-make this your 1031 exchange-call today! Please do not disturb the residents!

Listed by XIO SANDOVAL | BRE #01308913 | CENTURY 21 REALTY MASTERS
Last checked: 36 seconds ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
15,999
HOA Dues
$0/mo
Year built
2022
Garage
12 Car
Property Type:
Townhouse
Status
Active
MLS#
MB24164906
City
Los Angeles
County
Los Angeles
Time on Site
40 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 4
  • # of Leased Units: 9
  • # of Electric Meters: 10
  • # of Gas Meters: 10
  • # of Water Meters: 10
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,400
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,500
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,525
  • Total Rent: $4,525
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,400
  • Total Rent: $4,400
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,250
  • Total Rent: $4,250
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 4
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,000
  • Total Rent: $5,000
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,250
  • Total Rent: $4,250
  • Pro Forma/Market Rent: $4,250
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
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
  • Trash: $0
  • Gardener: $2,400
  • Insurance: $6,000
  • Professional Management: $12,000

Open Houses for 2725 S La Brea Ave

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Property Details for 2725 S La Brea Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Information
  • Roof: Flat
  • Has Fence
  • Privacy, Security
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 22
  • Has Parking
  • Parking Features: Assigned, Controlled Entrance, Direct Garage Access, Driveway
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Builder
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 10
  • Parcel Number: 5049012034
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 4
  • Foundation Details: Slab
  • Property is Attached
  • Has Additional Parcels
  • Offered With Property: All existing appliances.
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: Between W. Adams and Jefferson
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2725 S La Brea Ave

Last sold for $495,000 on July 31st, 2020

  • August, 2024

  • Aug 9, 2024

    Date

    Active

    CRMLS: MB24164906

    $6,990,000

    Price

  • July, 2020

  • Jul 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

Show More

Tax History for 2725 S La Brea Ave

Assessed Value (2020): $38,803
Year Land Value Improved Value Assessed Value
2020 $20,601 $18,202 $38,803

Home Value Compared to the Market

This property vs the competition

2725 S La Brea Ave is listed 482.5% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $440.73 per/sqft which puts the price per square foot 42.61% lower than the median price per square foot for the city of Los Angeles.

About 2725 S La Brea Ave

Detailed summary of property

2725 S La Brea Ave is a townhouse located in Los Angeles, CA 90016 and is currently for sale. This townhouse offers 32 bedrooms, 32 bathrooms, roughly 15,860 living square feet, and sits on an approximately 15,999 square foot lot. 2725 S La Brea Ave was first listed on ArdentRealEstateGroup.com on August 9, 2024. The homeowner is currently asking $6,990,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 482.5% higher than the median priced home. Local competing homes currently for sale include 9437 Oakmore Rd, 3239 Shelby Dr and 434 N Mansfield Ave. While the average home in Los Angeles, CA is selling in 106 days, 2725 S La Brea Ave has a days on market of 2 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2725 S La Brea Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2725 S La Brea Ave

Public county record property details
Beds
2
Baths
1
Year built
1923
Sq. Ft.
742
Lot Size
3,999
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
527
APN
5049-012-021

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,000,000
Median List Price/Sq.Ft.
$708
Median Sold Price
$1,012,000
Median Sold Price/Sq.Ft.
$691
Total Inventory
82
Median Sale to List Price %
101.2%
Avg Days on Market
35
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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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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