2821 W Vernon Ave, Los Angeles, CA 90008
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2821 W Vernon Ave Los Angeles, CA 90008

$890,000 Sold Price as of 11/17/2020
  • 6 Beds
  • 3 Baths
  • 2,178 Sq.Ft.
Sold
$890,000 Sold Price as of 11/17/2020 Refinance Your Mortgage

Map preview of 2821 W Vernon Ave, Los Angeles, CA 90008

Property Overview: 2821 W Vernon Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,178 living square feet and 4,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pride of Ownership, Turn Key Triplex located in Leimert Park. Centrally located from Downtown LA to the Beach cities and the South Bay close to shopping, schools and transportation. Within walking distance to the new Metro Rail Line Station as well as the Crenshaw Mall and a short drive away from USC and the amenities around it and not to mention the new Rams Stadium in Inglewood. High Demand Rental Market ensures low vacancy and high rents. Exterior with beautiful grass, stucco, shutters, and double pane windows. This interiors have been recently remodeled with new kitchens with granite counter tops. Bathrooms are updated and feature water conservation friendly fixtures. Rear of the building includes parking for 4 cars. This is a turn key rental building the requires minimal maintenance and hassle. Property sold in its present condition.

Listed by Silvio Pacheco | BRE #01828649 | Associated Agents Realty
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
4,500
HOA Dues
$0/mo
Year built
1944
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW20204952
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,610
  • Total Rent: $1,610
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,200
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: $0
  • Water/Sewer: $0

Property Details for 2821 W Vernon Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Built-in Features, Granite Counters
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 5023016009
  • Year Built Source: Assessor
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Go East from Crenshaw Blvd on Vernon Ave
Neighborhood Information
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Urban
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Sale History for 2821 W Vernon Ave

Last sold for $890,000 on November 17th, 2020
  • November, 2020

  • Nov 17, 2020

    Date

    Sold

    CRMLS: PW20204952

    $890,000

    Price

  • Oct 5, 2020

    Date

    Active Under Contract

    CRMLS: PW20204952

    $939,000

    Price

  • Sep 30, 2020

    Date

    Active

    CRMLS: PW20204952

    $939,000

    Price

  • November, 2020

  • Nov 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $890,000

    Price

  • May, 2017

  • May 12, 2017

    Date

    Sold (Public Records)

    Public Records

    $695,000

    Price

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Tax History for 2821 W Vernon Ave

Assessed Value (2020): $737,539
Year Land Value Improved Value Assessed Value
2020 $472,237 $265,302 $737,539

Home Value Compared to the Market

This property vs the competition

2821 W Vernon Ave sold on November 17, 2020 for 21.09% 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 $431.13 per/sqft which puts the price per square foot 42.9% lower than the current median sale per square foot for the city of Los Angeles.

About 2821 W Vernon Ave

Detailed summary of property

2821 W Vernon Ave is a multi family that recently sold in Los Angeles, CA 90008. This multi family property offered 6 bedrooms, 3 bathrooms, roughly 2,178 living square feet, and sits on an approximately 4,500 square foot lot. 2821 W Vernon Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $890,000. 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 21.09% lower than the current median priced home. Local homes that are currently for sale include 5739 S St. Andrews Pl, 1552 W Vernon Ave and 6059 Madden Ave. While the average home in Los Angeles, CA is selling in 94 days, 2821 W Vernon Ave has a days on market of 5 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2821 W Vernon Ave Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2821 W Vernon Ave

Public county record property details
Beds
6
Baths
3
Year built
1944
Sq. Ft.
2,178
Lot Size
4,500
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
32,33
APN
5023-016-009

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,489,000
Median List Price/Sq.Ft.
$730
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
53
Median Sale to List Price %
91.79%
Avg Days on Market
62
Loan Type
Conventional (30.77%), FHA (0%), VA (0%), Cash (30.77%), Other (15.38%)

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Related Resources to 2821 W Vernon 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.