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2951 S La Brea Ave, Los Angeles, CA 90016
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2951 S La Brea Ave Los Angeles, CA 90016

$820,000 Sold Price as of 01/26/2021
  • 4 Beds
  • 2 Baths
  • 1,938 Sq.Ft.
Sold
$820,000 Sold Price as of 01/26/2021 Refinance Your Mortgage
Map preview of 2951 S La Brea Ave, Los Angeles, CA 90016

Property Overview: 2951 S La Brea Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,938 living square feet and 2,955 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome home to this Charming non rent controlled 2 story townhouse style Duplex located in red hot West Adams. Both units are side by side separated by a pass through 1 car garage door that leads to the back of the property with a 2 car carport for each unit. A completely redone owners unit with new bathroom, appliances and flooring will be delivered vacant, making it perfect for owner occupant or beginning investor to either live in or capture full market rents immediately. The property boasts private front yards for both units, new roof (2017), brand new garage door (2016). The vacant unit was last rented for $2,000. All bedrooms are located on the second floor. Ideal and central location near Expo Line, Vineyard Park, Culver City, Downtown LA, USC and local favorites like Delicious Pizza, Vees Cafe, Mizlala, Bee's Taqueria, Alta Adams, and Highly Likely Cafe.

Listed by Senafkish Tefera | BRE #01860450 | LAInvestors.com, Inc.
Last checked: 9 minutes ago | Last updated: May 18th, 2022 | Source CRMLS | DOM: 52

Home details

Lot Sq. Ft
2,955
HOA Dues
$0/mo
Year built
1989
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20650888
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16
  • Gross Scheduled Income: --
  • Net Operating Income: $38,000
  • Gross Operating Income: $51,300
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2951 S La Brea Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Gas Range
Interior Features
  • 2 Staircases, Crown Molding
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 2
  • Parcel Number: 5049029034
  • Foundation Details: Raised
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: North of Jefferson and Roseland on La Brea.
View more facts & features

Local Los Angeles Agent

Sale History for 2951 S La Brea Ave

Last leased for $2,750 on May 17th, 2022

  • February, 2022

  • Feb 22, 2022

    Date

    Active

    CRMLS: CV22035052

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your beautiful new home located in the one of the best locations of Los Angeles, West Adams! This home is completely remodeled & move in ready & features 2 spacious bedrooms each with a generous sized closet & 1 full bathroom with a modern vanity and bathtub perfect to relax in! As you enter your private front gate, you will be greeted by a charming grassy front yard perfect for sun bathing or having a picnic in your own oasis with tall tree shrubs for ultimate privacy! This home features 2 designated side by side parking spaces behind the home that you enter through a secure garage entry way with garage remote access for ultimate privacy and security. The modern kitchen comes with a breakfast bar countertop perfect for your morning meals & the kitchen opens up to the living room where you could have many memorable nights watching movies, set up a home office/gym, or just enjoy meals in this open layout! The home will come with brand new stainless steel gas stove/oven and stainless steel refrigerator before you move in! The living room glass sliding door takes you directly to your designated 2 car parking area! There is plenty of storage space throughout the home and the brand new flooring makes this space look amazing! This home is in a prime location of Los Angeles as it is only approx a 10-15 min drive to Downtown Los Angeles, Santa Monica, Beverly Hills, Mid Wilshire, Hollywood, Culver City, USC, Marina Del Rey, Venice Beach, LACMA, Hollywood Sign, Hollywood Bowl, Runyon Canyon Hike, Baldwin Hills Scenic Overlook, The Grove shopping center, Beverly Center, Rodeo Drive, Farmer's Market, Third Street Promenade, the brand new SOFI Stadium home of the LA Rams, and so much more! Located near the expo line and close to plenty of shopping, markets, restaurants, hikes, you will love the lifestyle here! This home is in a prime location of beautiful Los Angeles! Come see this home before it's gone!

  • February, 2021

  • Feb 16, 2021

    Date

    Leased

    CRMLS: CV21017354

    $2,250

    Price

  • Jan 27, 2021

    Date

    Active

    CRMLS: CV21017354

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Welcome to your beautiful new home located in the one of the best locations of Los Angeles, West Adams! This home is completely remodeled & move in ready & features 2 spacious bedrooms each with a generous sized closet & 1 full bathroom with a modern vanity and bathtub perfect to relax in! As you enter your private front gate, you will be greeted by a charming grassy front yard perfect for sun bathing or having a picnic in your own oasis with tall tree shrubs for ultimate privacy! This home features 2 designated side by side parking spaces behind the home that you enter through a secure garage entry way. The modern kitchen comes with a breakfast bar countertop perfect for your morning meals & the kitchen opens up to the living room where you could have many memorable nights watching movies, set up a home office/gym, or just enjoy meals in this open layout! The home will come with brand new stainless steel gas stove/oven and stainless steel refrigerator before you move in! The living room glass sliding door takes you directly to your designated 2 car parking area! There is plenty of storage space throughout the home and the brand new flooring makes this space look amazing! This home is in a prime location of Los Angeles as it is only approx a 10-15 min drive to DTLA, Santa Monica, Beverly Hills, Mid Wilshire, Hollywood, Culver City, USC and so much more! Located near the expo line and close to plenty of shopping, markets, restaurants, hikes, you will love the lifestyle here!

  • January, 2021

  • Jan 26, 2021

    Date

    Sold

    CRMLS: 20650888

    $820,000

    Price

  • Dec 24, 2020

    Date

    Pending

    CRMLS: 20650888

    $865,000

    Price

  • Nov 24, 2020

    Date

    Price Change

    CRMLS: 20650888

    $865,000

    Price

  • Oct 24, 2020

    Date

    Active

    CRMLS: 20650888

    $875,000

    Price

  • January, 2021

  • Jan 26, 2021

    Date

    Sold (Public Records)

    Public Records

    $820,000

    Price

  • January, 2015

  • Jan 30, 2015

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

Show More

Tax History for 2951 S La Brea Ave

Assessed Value (2020): $494,516
Year Land Value Improved Value Assessed Value
2020 $296,710 $197,806 $494,516

Home Value Compared to the Market

This property vs the competition

2951 S La Brea Ave sold on January 26, 2021 for 27.31% 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 $446.34 per/sqft which puts the price per square foot 40.88% lower than the current median sale per square foot for the city of Los Angeles.

About 2951 S La Brea Ave

Detailed summary of property

2951 S La Brea Ave is a multi family that recently sold in Los Angeles, CA 90016. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,938 living square feet, and sits on an approximately 2,955 square foot lot. 2951 S La Brea Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $820,000. 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 27.31% lower than the current median priced home. Local homes that are currently for sale include 5170 S Van Ness Ave, 2001 S Congress Ave and 6059 Madden Ave. While the average home in Los Angeles, CA is selling in 94 days, 2951 S La Brea Ave has a days on market of 52 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2951 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 2951 S La Brea Ave

Public county record property details
Beds
4
Baths
4
Year built
1989
Sq. Ft.
1,938
Lot Size
2,954
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
464,465
APN
5049-029-034

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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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 2951 S La Brea Ave

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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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