2827 Sierra St, Los Angeles, CA 90031
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2827 Sierra St Los Angeles, CA 90031

$735,000 Sold Price as of 07/06/2021
  • 5 Beds
  • 2 Baths
  • 1,398 Sq.Ft.
Sold
$735,000 Sold Price as of 07/06/2021 Refinance Your Mortgage

Map preview of 2827 Sierra St, Los Angeles, CA 90031

Property Overview: 2827 Sierra St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,398 living square feet and 7,492 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Location Location Location!! Tons of character and charm in this Victorian home with beautiful mountain views. Duplex located in an upcoming neighborhood of Lincoln Heights, adjacent to Montecito Heights and is full of potential. The upstairs unit is 3 beds 1 bath with newer flooring and paint. The downstairs unit is 2 beds and 1 bath with long term tenants in place. This is perfect for an investor or 1st time home buyer with income potential or a big family. Tons of parking on site on a large lot. Each unit has individual laundry connections, water, gas and electric meters. Conveniently located to DTLA, Dodger Stadium, LAC + USC Medical Center, Cal State LA, and much more. Nearby access to major freeways.

Listed by Erika Zepeda | BRE #01975140 | Pinnacle Estate Properties
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,492
HOA Dues
$0/mo
Year built
1890
Garage
4 Car
Property Type:
Duplex
Status
Sold
MLS#
SR21072930
City
Los Angeles
County
Los Angeles
Time on Site
1099 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,675
  • Total Rent: $20,100
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $863
  • Total Rent: $10,356
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,536
  • Net Operating Income: $26,265
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,191
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,375
  • Trash: $0
  • Insurance: $2,500
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 2827 Sierra St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Room Information
  • Flooring: Carpet, Laminate
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5208020008
  • Year Built Source: Assessor
  • Architectural Style: Victorian
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: From Broadway and take Lincoln Park Ave North to Sierra St
Neighborhood Information
  • Community Features: Street Lights, Valley
View more facts & features

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Sale History for 2827 Sierra St

Last sold for $735,000 on July 6th, 2021
  • July, 2021

  • Jul 5, 2021

    Date

    Sold

    CRMLS: SR21072930

    $735,000

    Price

  • Jun 2, 2021

    Date

    Pending

    CRMLS: SR21072930

    $750,000

    Price

  • May 3, 2021

    Date

    Active Under Contract

    CRMLS: SR21072930

    $750,000

    Price

  • Apr 8, 2021

    Date

    Active

    CRMLS: SR21072930

    $750,000

    Price

  • Apr 7, 2021

    Date

    Coming Soon

    CRMLS: SR21072930

    $750,000

    Price

  • July, 2021

  • Jul 5, 2021

    Date

    Sold

    CRMLS: SR21072958

    $735,000

    Price

  • Jun 2, 2021

    Date

    Pending

    CRMLS: SR21072958

    $735,000

    Price

  • May 3, 2021

    Date

    Active Under Contract

    CRMLS: SR21072958

    $735,000

    Price

  • Apr 19, 2021

    Date

    Price Change

    CRMLS: SR21072958

    $735,000

    Price

  • Apr 8, 2021

    Date

    Active

    CRMLS: SR21072958

    $750,000

    Price

  • Apr 7, 2021

    Date

    Coming Soon

    CRMLS: SR21072958

    $750,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 1993

  • Oct 1, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2827 Sierra St

Assessed Value (2020): $114,676
Year Land Value Improved Value Assessed Value
2020 $72,817 $41,859 $114,676

Home Value Compared to the Market

This property vs the competition

2827 Sierra St sold on July 6, 2021 for 36.97% 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 $536.48 per/sqft which puts the price per square foot 28.94% lower than the current median sale per square foot for the city of Los Angeles.

About 2827 Sierra St

Detailed summary of property

2827 Sierra St is a duplex that recently sold in Los Angeles, CA 90031. This duplex offered 5 bedrooms, 2 bathrooms, roughly 1,398 living square feet, and sits on an approximately 7,492 square foot lot. 2827 Sierra St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $735,000. 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 36.97% lower than the current median priced home. Local homes that are currently for sale include 3149 Fairmount St, 3132 Fairmount St and 2809 Folsom St. While the average home in Los Angeles, CA is selling in 94 days, 2827 Sierra St has a days on market of 26 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 2827 Sierra St Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2827 Sierra St

Public county record property details
Beds
5
Baths
2
Year built
1890
Sq. Ft.
1,398
Lot Size
7,491
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5208-020-008

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$899,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$800,000
Median Sold Price/Sq.Ft.
$638
Total Inventory
36
Median Sale to List Price %
100%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (36.36%), Other (18.18%)

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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.