2807 St George St, Los Angeles, CA 90027
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2807 St George St Los Angeles, CA 90027

$5,450,000 Sold Price as of 06/12/2019
  • 20 Beds
  • 16 Baths
  • 13,612 Sq.Ft.
Sold
$5,450,000 Sold Price as of 06/12/2019 Refinance Your Mortgage

Map preview of 2807 St George St, Los Angeles, CA 90027

Property Overview: 2807 St George St Los Angeles, CA has 20 bedrooms, 16 bathrooms, 13,612 living square feet and 20,968 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is for the purchase of 2807-2813 St George Street located in the Los Feliz submarket with the APN 5433-005-002. The property presents an investor with the unique opportunity to own an excellent piece of real estate in one of the most exclusive and coveted neighborhoods in Southern California. 2807-2813 St George Street is a two-building, two-story, 16-unit property that was constructed in 1941 on a ±20,968 square foot R1.5 lot, with a total building size of ±13,612 square feet. The courtyard property is separately metered for gas and electric and offers 16 carport parking spaces with dual driveways. Units offer front and rear entrances, individual water heaters, hardwood, carpet, tile, and vinyl flooring, wall units for heating and cooling, gas stoves, dishwashers, ceiling fans, and ample storage space. Select units offer laundry hook-ups. The property is subject to the City of Los Angeles Rent Control Ordinance, but is not subject to the current Soft-Story Seismic Retrofit

Listed by Priscilla Nee | BRE #01435254 | CB Richard Ellis, Inc.
Co-listed by Jason Flashman | BRE #01841976 | Keller Williams-Santa Monica
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 19

Home details

Lot Sq. Ft
20,968
HOA Dues
$0/mo
Year built
1941
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19453712
City
Los Angeles
County
Los Angeles
Time on Site
1207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 12
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,773
  • Total Rent: $21,282
  • Pro Forma/Market Rent: $26,400
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,757
  • Total Rent: $7,030
  • Pro Forma/Market Rent: $10,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.9%
  • Gross Rent Multiplier: 14.89
  • Gross Scheduled Income: --
  • Net Operating Income: $197,460
  • Gross Operating Income: $329,571
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $1,380
  • Licenses: $523
  • Trash: $7,472
  • Insurance: $8,200
  • Maintenance: $11,200
  • Professional Management: $13,183
  • Water/Sewer: $7,672
  • Other Expenses: $4,000

Property Details for 2807 St George St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 16
  • Parcel Number: 5433005002
Location / Neighborhood
Location Information
  • Directions: Located immediately east of Griffith Park Boulevard and north of Hyperion Avenue.
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Sale History for 2807 St George St

Last sold for $5,450,000 on June 12th, 2019
  • June, 2019

  • Jun 13, 2019

    Date

    Sold

    CRMLS: 19453712

    $5,450,000

    Price

  • Apr 30, 2019

    Date

    Pending

    CRMLS: 19453712

    $5,060,000

    Price

  • Apr 11, 2019

    Date

    Active

    CRMLS: 19453712

    $5,060,000

    Price

  • June, 2019

  • Jun 12, 2019

    Date

    Sold (Public Records)

    Public Records

    $5,450,000

    Price

  • June, 2019

  • Jun 12, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2807 St George St

Assessed Value (2020): $5,559,000
Year Land Value Improved Value Assessed Value
2020 $3,519,000 $2,040,000 $5,559,000

Home Value Compared to the Market

This property vs the competition

2807 St George St sold on June 12, 2019 for 325.21% higher 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 $371.73 per/sqft which puts the price per square foot 50.76% lower than the current median sale per square foot for the city of Los Angeles.

About 2807 St George St

Detailed summary of property

2807 St George St is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 20 bedrooms, 16 bathrooms, roughly 13,612 living square feet, and sits on an approximately 20,968 square foot lot. 2807 St George St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $5,450,000. 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 325.21% higher than the current median priced home. Local homes that are currently for sale include 1042 Wilcox Ave, 927 S Ardmore Ave and 722 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 96 days, 2807 St George St has a days on market of 19 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2807 St George St Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2807 St George St

Public county record property details
Beds
20
Baths
16
Year built
1941
Sq. Ft.
13,612
Lot Size
20,968
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
3-5
APN
5433-005-002

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,399,000
Median List Price/Sq.Ft.
$989
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
84
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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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.