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2945 S La Brea Ave, Los Angeles, CA 90016
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2945 S La Brea Ave Los Angeles, CA 90016

$480,000 Sold Price as of 08/17/2021
  • 2 Beds
  • 2 Baths
  • 1,004 Sq.Ft.
Sold
$480,000 Sold Price as of 08/17/2021 Refinance Your Mortgage
Map preview of 2945 S La Brea Ave, Los Angeles, CA 90016

Property Overview: 2945 S La Brea Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,004 living square feet and 1,668 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Court date is set. The list price is the minimum acceptable bid price. Agents please see private remarks for additional information. Great opportunity to own in Los Angeles. This duplex consists of a studio with bathroom and a 2 bedroom,1 bathroom unit on the second level. 2 Car attached garage. Being located on La Brea and near other major streets and freeways, makes this property easily accessible from many different directions. Probate sale, court confirmation required.

Listed by Nancy Sanborn | BRE #00771096 | Berkshire Hathaway HomeServices California
Co-listed by Brian Joy | BRE #01324371 | Berkshire Hathaway HomeServices California
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
1,668
HOA Dues
$0/mo
Year built
1958
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
21731040
City
Los Angeles
County
Los Angeles
Time on Site
1092 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $318
  • Total Rent: $318
  • Pro Forma/Market Rent: $318
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,197
  • Total Rent: $1,197
  • Pro Forma/Market Rent: $1,197
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.45
  • Gross Scheduled Income: --
  • Net Operating Income: $15,345
  • Gross Operating Income: $18,180
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2945 S La Brea Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5049029009
Location / Neighborhood
Location Information
  • Directions: Between W Adams Blvd & W Jefferson Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 2945 S La Brea Ave

Last sold for $480,000 on August 17th, 2021

  • August, 2021

  • Aug 17, 2021

    Date

    Sold

    CRMLS: 21731040

    $480,000

    Price

  • Jul 15, 2021

    Date

    Pending

    CRMLS: 21731040

    $446,750

    Price

  • Jun 11, 2021

    Date

    Price Change

    CRMLS: 21731040

    $446,750

    Price

  • May 29, 2021

    Date

    Active Under Contract

    CRMLS: 21731040

    $299,000

    Price

  • May 13, 2021

    Date

    Active

    CRMLS: 21731040

    $299,000

    Price

  • May, 1997

  • May 21, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1996

  • Dec 6, 1996

    Date

    Sold (Public Records)

    Public Records

    $55,000

    Price

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Tax History for 2945 S La Brea Ave

Assessed Value (2020): $134,007
Year Land Value Improved Value Assessed Value
2020 $44,665 $89,342 $134,007

Home Value Compared to the Market

This property vs the competition

2945 S La Brea Ave sold on August 17, 2021 for 62.46% 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 $444.97 per/sqft which puts the price per square foot 41.06% lower than the current median sale per square foot for the city of Los Angeles.

About 2945 S La Brea Ave

Detailed summary of property

2945 S La Brea Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,004 living square feet, and sits on an approximately 1,668 square foot lot. 2945 S La Brea Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $480,000. 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 62.46% lower than the current median priced home. Local homes that are currently for sale include 3342 Eucalyptus Avenue, 2552 N California St and 555-567 Ramona Ave. While the average home in Los Angeles, CA is selling in 93 days, 2945 S La Brea Ave has a days on market of 15 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2945 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 2945 S La Brea Ave

Public county record property details
Beds
3
Baths
2
Year built
1958
Sq. Ft.
1,004
Lot Size
1,668
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
465,466
APN
5049-029-009

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
$1,099,000
Median List Price/Sq.Ft.
$774
Median Sold Price
$885,000
Median Sold Price/Sq.Ft.
$699
Total Inventory
75
Median Sale to List Price %
98.44%
Avg Days on Market
30
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (10.53%), Other (10.53%)

Thinking of Selling?

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(714) 706-1823

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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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