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309 S Avenue 63 Los Angeles, CA 90042

$1,225,000 Sold Price as of 05/13/2021

1238 Beds
929 Baths
1,720 Sq.Ft.

Sold

$1,225,000 Sold Price as of 05/13/2021 Refinance Your Mortgage

Map preview of 309 S Avenue 63, Los Angeles, CA 90042

Property Overview: 309 S Avenue 63 Los Angeles, CA has 1238 bedrooms, 929 bathrooms, 1,720 living square feet and 4,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Happening in Highland Park the perfect property to add to your portfolio featuring 309 S Ave 63, a 3 bed / 2 bath main house, and 311 S Ave 63, a 1 bed / 1 bath ADU - one of the most spacious you have ever seen! Totally gated and tucked in a quaint pocket just below Figueroa. You enter the property though a sizeable and private front yard, walk up to the front porch, through the door and into the open concept living space with a designer kitchen, spacious bedrooms, and more than enough closet space. Separating the main house from the ADU is a courtyard with a lemon tree and vegetable garden, the perfect shared outdoor space. At the back of the property you will find the amazing ADU with office area, open living space, yet another designer kitchen, bathroom, and bedroom with a large walk in closet. Not to mention the attached 1 car garage or studio space, this place is sure to rent for top dollar! Delivered vacant, this California Cool Compound is the perfect place to live in one and rent the other, or you know, rent both and make some money. The opportunities are endless at 309+311 S Avenue 63!

Listed by Julian Porcino | BRE #02055605 | Compass

Last checked: 54 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft: 4,800
HOA Dues: $0/mo
Year built: --
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 21713822
City: Los Angeles
County: Los Angeles
Time on Site: 1142 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 309
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $4,500
Total Rent: $0
Pro Forma/Market Rent: $4,500

Unit Breakdown 2

# of Units: 311
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,500
Total Rent: $0
Pro Forma/Market Rent: $2,500

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0
Other Income 1: $84,000

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 309 S Avenue 63

Interior Features

Cooling Information

Has Cooling
Central Air

Heating Information

Has Heating
Central

Kitchen Information

Has Appliances
Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Garage - Single Door

Lot Information

Lot Size Source: Assessor

Property Information

Has View
View: Bluff, Hills
Total # of Units: 2
Parcel Number: UNAVAILABLE
Architectural Style: Bungalow

Location / Neighborhood

Location Information

Directions: From Figueroa turn east on Arroyo Glen.

View more facts & features

Local Los Angeles Agent

Sale History for 309 S Avenue 63

Last sold for $1,225,000 on May 13th, 2021

May, 2021
May 15, 2021

Date

Sold

CRMLS: 21713822

$1,225,000

Price
Apr 17, 2021

Date

Pending

CRMLS: 21713822

$1,299,000

Price
Apr 2, 2021

Date

Active

CRMLS: 21713822

$1,299,000

Price
May, 2021
May 15, 2021

Date

Sold

CRMLS: 21713798

$1,225,000

Price
Apr 17, 2021

Date

Pending

CRMLS: 21713798

$1,299,000

Price
Apr 2, 2021

Date

Active

CRMLS: 21713798

$1,299,000

Price
Listing provided courtesy of CRMLS

Come home to your California Cool Compound! This stylish home boasts not only a 3 bed / 2 bath main house, but one of the most spacious 1 bed 1 bath ADUs you have ever seen! An ADU so good you might consider living in that and renting the main house! Totally gated and tucked in a quaint pocket just below Figueroa. You enter the property though a sizeable and private front yard, sip a cocktail or enjoy a swing on your front porch with views of the hillside across the way. Make your way into the open concept living/dining space and swoon over the minimalists dream kitchen with matte black cabinets and sleek poured concrete countertops. A large guest bath and two spacious guest bedrooms with more then enough closet space are found off of the living area. At the back of the home you will find the primary suite retreat with another large walk-in closet, marble tiled shower, and sliders opening onto the courtyard. Enjoy nights around the campfire, or hosting all of those dinner parties at an extra long dining table with herbs picked directly from your garden. Step inside the ADU, which is definitely better than your current apartment, with office space, living area, super cool kitchen, and a bedroom with a closet bigger than the room you used to rent in NYC - this is the perfect spot to collect premium rent. California is calling from Highland Park!

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March, 2021
Mar 16, 2021

Date

Canceled

CRMLS: DW21027459

$1,199,000

Price
Feb 17, 2021

Date

Active

CRMLS: DW21027459

$1,199,000

Price
Feb 17, 2021

Date

Hold

CRMLS: DW21027459

$1,199,000

Price
Feb 16, 2021

Date

Withdrawn

CRMLS: DW21027459

$1,199,000

Price
Feb 16, 2021

Date

Active

CRMLS: DW21027459

$1,199,000

Price
Listing provided courtesy of CRMLS

A House with an ADU!! These gorgeous homes have been fully updated with all the bells and whistles! 309, the front house kitchen has modern concrete countertops with an integrated sink. It measures roughly 1,066 sqft, has 3 bedrooms, 2 bathrooms and also has 2 parking spots. The second house, the ADU, 311, is a gracious 654 sqft and comes equip with 1 bedroom, 1 bathroom and 2 parking spots. Both homes have been flawlessly designed. As for both homes, other upgrades include plumbing, engineered wood floors, electric, roof, AC units, brand new appliances and much more. The security this property has to offer is unmatched with a brick walls encasing the homes. For more secure access there are automated gates at the entrance and garages for both houses. If you want peace of mind with the convenience of being right in the middle of hip-Highland Park, then this is the property for you! 309-311 s Ave 63 Los Angeles is 2 homes that sit on a lot that has just about everything needed for a big family. The only thing missing is you. Set an appointment ASAP to experience this beauty in person!

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August, 2020
Aug 3, 2020

Date

Sold (Public Records)

Public Records

$690,000

Price
August, 2020
Aug 3, 2020

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 309 S Avenue 63

Assessed Value (2020): $72,048

Year	Land Value	Improved Value	Assessed Value
2020	$26,784	$45,264	$72,048

Home Value Compared to the Market

This property vs the competition

309 S Avenue 63 sold on May 13, 2021 for 9.16% higher 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 $755.23 per/sqft which puts the price per square foot 0.03% higher than the current median sale per square foot for the city of Los Angeles.

About 309 S Avenue 63

Detailed summary of property

309 S Avenue 63 is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 1238 bedrooms, 929 bathrooms, roughly 1,720 living square feet, and sits on an approximately 4,800 square foot lot. 309 S Avenue 63 was first listed on ArdentRealEstateGroup.com on April 2, 2021. The homeowner sold the property for $1,225,000. 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 9.16% higher than the current median priced home. Local homes that are currently for sale include 3611 El Sereno Ave, 5211 Huntington Dr and 4208 Griffin Ave. While the average home in Los Angeles, CA is selling in 92 days, 309 S Avenue 63 has a days on market of 12 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 309 S Avenue 63 Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 309 S Avenue 63

Public county record property details

Beds: 3
Baths: 3
Year built: 1908
Sq. Ft.: 1,720
Lot Size: 4,799
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 25
APN: 5492-029-008

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,089,000

Median List Price/Sq.Ft.

$748

Median Sold Price

$1,000,000

Median Sold Price/Sq.Ft.

$858

Total Inventory

Median Sale to List Price %

125.16%

Avg Days on Market

Loan Type

Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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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.