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314 W 68Th St, Los Angeles, CA 90003
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314 W 68Th St Los Angeles, CA 90003

$700,000 Sold Price as of 12/01/2021
  • 6 Beds
  • 3 Baths
  • 2,020 Sq.Ft.
Sold
$700,000 Sold Price as of 12/01/2021 Refinance Your Mortgage
Map preview of 314 W 68Th St, Los Angeles, CA 90003

Property Overview: 314 W 68Th St Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,020 living square feet and 5,130 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 314 W 68th St, located in the GREAT City of Los Angeles, Ca. Featuring 3 beautifully well designed units, each consisting of 2 bedrooms 1 bathroom each. As you walk inside the property, you'll immediately notice and be drawn to the superb craftsmanship. With two units side by side, and 1 unit located above, this triplex is boasting with privacy and comfortable living. Each unit contains a generous sized kitchen, dining, and living area, along with 2 generous sized bedrooms containing sliding closets, and 1 full restroom, with additional hallway storage. The front bottom units each have their own covered porch, along with independent entrances / walkways from the sidewalk. The top unit has its own private staircase entrance from the rear, along with a covered storage room prior to entry the actual unit. The backyard contains a driveway that is accessed through the alley, suffice for 2-3 cars. The backyard also contains a detached storage building. 314 W 68th St is located just minutes from Downtown Los Angeles, Hollywood, Inglewood, and LAX, between the 110, 105, 10 FHYs. 314 W 68th St is perfect for a first time buyer looking to begin their homeownership, or a seasoned investor looking to grow their Real Estate portfolio!

Listed by George Valencia | BRE #02083024 | Century 21 A Better Service
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 91

Home details

Lot Sq. Ft
5,130
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
DW21107402
City
Los Angeles
County
Los Angeles
Time on Site
1227 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,196
  • Total Rent: $1,196
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,196
  • Total Rent: $1,196
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $41,304
  • Net Operating Income: $32,848
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $8,456
  • New Taxes: $6,000
  • Trash: $816
  • Gardener: $960
  • Insurance: $1,400
  • Professional Management: $2,880
  • Water/Sewer: $2,400

Property Details for 314 W 68Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile
  • All Bedrooms Down, All Bedrooms Up
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range, Range Hood, Water Heater
Interior Features
  • Tile Counters
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Barbed Wire
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Back Yard, Corner Lot, Front Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 6012007018
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Cable Not Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Not Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: North of Florence.
  • Road Frontage Type: Alley, City Street, Highway
  • Road Surface Type: Alley Paved, Gravel, Maintained, Paved
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 314 W 68Th St

Last sold for $700,000 on December 1st, 2021

  • September, 2021

  • Sep 9, 2021

    Date

    Active Under Contract

    CRMLS: DW21107402

    $689,999

    Price

  • May 31, 2021

    Date

    Active

    CRMLS: DW21107402

    $689,999

    Price

  • May 19, 2021

    Date

    Coming Soon

    CRMLS: DW21107402

    $689,999

    Price

  • January, 2018

  • Jan 18, 2018

    Date

    Sold

    CRMLS: OC18012947

    $520,000

    Price

  • Jan 18, 2018

    Date

    Pending

    CRMLS: OC18012947

    $510,000

    Price

  • Jan 18, 2018

    Date

    Active

    CRMLS: OC18012947

    $510,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2018

  • Jan 11, 2018

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

  • January, 2018

  • Jan 1, 2018

    Date

    Expired

    CRMLS: OC17095507

    $510,000

    Price

  • Sep 2, 2017

    Date

    Active

    CRMLS: OC17095507

    $510,000

    Price

  • Aug 3, 2017

    Date

    Pending

    CRMLS: OC17095507

    $510,000

    Price

  • Jun 30, 2017

    Date

    Price Change

    CRMLS: OC17095507

    $510,000

    Price

  • Jun 30, 2017

    Date

    Active

    CRMLS: OC17095507

    $550,000

    Price

  • Jun 12, 2017

    Date

    Pending

    CRMLS: OC17095507

    $550,000

    Price

  • May 29, 2017

    Date

    Price Change

    CRMLS: OC17095507

    $550,000

    Price

  • May 2, 2017

    Date

    Active

    CRMLS: OC17095507

    $580,000

    Price

  • Listing provided courtesy of CRMLS

    This building is well maintained by the owner. It consists of 3 units. All 2 bedrooms. Tile on kitchens and baths. Don't let this go.

  • August, 2002

  • Aug 6, 2002

    Date

    Sold (Public Records)

    Public Records

    $182,500

    Price

Show More

Tax History for 314 W 68Th St

Assessed Value (2020): $541,008
Year Land Value Improved Value Assessed Value
2020 $384,948 $156,060 $541,008

Home Value Compared to the Market

This property vs the competition

314 W 68Th St sold on December 1, 2021 for 38.39% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $341.58 per/sqft which puts the price per square foot 52.82% lower than the current median sale per square foot for the city of Los Angeles.

About 314 W 68Th St

Detailed summary of property

314 W 68Th St is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,020 living square feet, and sits on an approximately 5,130 square foot lot. 314 W 68Th St was first listed on ArdentRealEstateGroup.com on May 19, 2021. The homeowner sold the property for $700,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.39% lower than the current median priced home. Local homes that are currently for sale include 6828 S San Pedro St, 5845 S Broadway and 837 W Gage Ave. While the average home in Los Angeles, CA is selling in 106 days, 314 W 68Th St has a days on market of 91 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 314 W 68Th St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 314 W 68Th St

Public county record property details
Beds
6
Baths
4
Year built
1921
Sq. Ft.
2,020
Lot Size
5,129
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
321
APN
6012-007-018

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
49
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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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