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301 S Gerhart Ave, Los Angeles, CA 90022
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301 S Gerhart Ave Los Angeles, CA 90022

$525,000 Sold Price as of 05/03/2019
  • 4 Beds
  • 2 Baths
  • 2,098 Sq.Ft.
Sold
$525,000 Sold Price as of 05/03/2019 Refinance Your Mortgage
Map preview of 301 S Gerhart Ave, Los Angeles, CA 90022

Property Overview: 301 S Gerhart Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,098 living square feet and 8,133 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Dreams come true for an investor or that owner occupant in this lovely duplex in the heart of East Los Angeles. The main house and the back apartment have location, location, location! The front house has a porch and two bedrooms with one bathroom. Great kitchen and living area. The front unit also features a front yard / shared backyard driveway / two single car garages / patio and has its own laundry area. The second unit is two bedroom and one bathroom and is tucked right behind the first house. Both houses have storage and great outdoor space. This multi unit is completely leased out and is situated in a great neighborhood, schools / colleges / shopping and is centrally located. You don't want to miss out ~ so make us an offer we can't refuse!

Listed by LORI ALVAREZ | BRE #01794115 | KW COLLEGE PARK
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 3

Home details

Lot Sq. Ft
8,133
HOA Dues
$0/mo
Year built
1937
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV19096293
City
Los Angeles
County
Los Angeles
Time on Site
1204 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,400
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
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,400
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 301 S Gerhart Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5249019031
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: See Remarks
Location / Neighborhood
Location Information
  • Other Subdivision Name: East Los Angeles
  • Directions: Beverly Blvd, Gerhart & Dewar
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 301 S Gerhart Ave

Last sold for $659,000 on November 25th, 2019

  • November, 2019

  • Nov 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $659,000

    Price

  • May, 2019

  • May 4, 2019

    Date

    Sold

    CRMLS: CV19096293

    $525,000

    Price

  • May 2, 2019

    Date

    Pending

    CRMLS: CV19096293

    $619,888

    Price

  • Apr 27, 2019

    Date

    Active

    CRMLS: CV19096293

    $619,888

    Price

  • May, 2019

  • May 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $525,000

    Price

Show More

Tax History for 301 S Gerhart Ave

Assessed Value (2020): $659,240
Year Land Value Improved Value Assessed Value
2020 $450,000 $209,240 $659,240

Home Value Compared to the Market

This property vs the competition

301 S Gerhart Ave sold on May 3, 2019 for 40.96% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $295.47 per/sqft which puts the price per square foot 59.96% lower than the current median sale per square foot for the city of Los Angeles.

About 301 S Gerhart Ave

Detailed summary of property

301 S Gerhart Ave is a multi family that recently sold in Los Angeles, CA 90022. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,098 living square feet, and sits on an approximately 8,133 square foot lot. 301 S Gerhart Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $525,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 40.96% lower than the current median priced home. Local homes that are currently for sale include 134 W 60th St, 329 E 84th St and 700 W 53rd St. While the average home in Los Angeles, CA is selling in 96 days, 301 S Gerhart Ave has a days on market of 3 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 301 S Gerhart Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 301 S Gerhart Ave

Public county record property details
Beds
4
Baths
2
Year built
1937
Sq. Ft.
2,098
Lot Size
8,133
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
132
APN
5249-019-031

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,800
Median List Price/Sq.Ft.
$634
Median Sold Price
$685,000
Median Sold Price/Sq.Ft.
$752
Total Inventory
18
Median Sale to List Price %
100.74%
Avg Days on Market
35
Loan Type
Conventional (55.56%), FHA (22.22%), VA (0%), Cash (11.11%), Other (11.11%)

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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