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320 W Avenue 43, Los Angeles, CA 90065
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320 W Avenue 43 Los Angeles, CA 90065

$1,400,400 Sold Price as of 05/25/2022
  • 5 Beds
  • 3 Baths
  • 1,651 Sq.Ft.
Sold
$1,400,400 Sold Price as of 05/25/2022 Refinance Your Mortgage
Map preview of 320 W Avenue 43, Los Angeles, CA 90065

Property Overview: 320 W Avenue 43 Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,651 living square feet and 8,968 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: No sign on property. Do not disturb tenants. Showings are for back-up offer only. Letter of loan preapproval and proof of funds must be received prior to showings. Located in the heart of Mount Washington, this property with 2 homes on a lot offers classic Craftsman architecture on an oversized 8968 SF lot. Both houses are tenant occupied. Great options for owner/user or investor. Live in one and rent the other, or renovate and landscape to increase the current value. Take advantage of significant tax savings since this home is registered under the Mills Act. Front unit is 322 W. Ave 43 is rented for $3500. Front house was recently renovated while maintaining the original craftsman features: 2 bedrooms, 1.25 baths, formal dining room, hardwood floors, original cabinetry, windows, and claw foot tub. Rear unit is 320 W. Ave 43 is a two-story home rented to one household for $3282.70 with 1+1 and sunroom on upper floor, and lower floor with separate entry and: 2+1, living room, and office. Rear home retains warm craftsman ambiance with large decks and private patio. This rear home has great potential as a larger home for an owner/user in the future. Tax records show 3+2 with 1651 SF. The grounds are large and relatively flat ready for you to create your own oasis! No garage- only street parking. Neighborhood appeals to many with Mount Washington School district, close and convenient Gold line access, and NELA faves close by Highland Park Bowl, Gold Line, Blind Barber, Hippo, and Triple Beam Pizza. Seller is DRE licensed.

Listed by Grace Gaerlan | BRE #01012848 | Compass
Last checked: 14 minutes ago | Last updated: May 31st, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
8,968
HOA Dues
$0/mo
Year built
1909
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22152343
City
Los Angeles
County
Los Angeles
Time on Site
880 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,282
  • Total Rent: $3,282
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Other Income 1: $77,792
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 320 W Avenue 43

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Wood
  • Living Room, Guest/Maid's Quarters, Sun
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Has View
  • View: City Lights, Canyon
  • Total # of Units: 2
  • Parcel Number: 5465016008
  • Architectural Style: Craftsman
Location / Neighborhood
Location Information
  • Directions: North of Glenalbyn. Property is adjacent to public stair street. Only street parking.
View more facts & features

Local Los Angeles Agent

Sale History for 320 W Avenue 43

Last sold for $1,400,400 on May 25th, 2022

  • May, 2022

  • May 25, 2022

    Date

    Sold

    CRMLS: 22152343

    $1,400,400

    Price

  • May 1, 2022

    Date

    Active

    CRMLS: 22152343

    $1,300,000

    Price

  • July, 2021

  • Jul 30, 2021

    Date

    Canceled

    CRMLS: 21764882

    $1,175,000

    Price

  • Jul 26, 2021

    Date

    Hold

    CRMLS: 21764882

    $1,175,000

    Price

  • Jul 24, 2021

    Date

    Active

    CRMLS: 21764882

    $1,175,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of Mount Washington, this property with 2 homes on a lot offers classic Craftsman architecture on an oversized 8968 SF lot. Great options for owner/user or investor. Live in one and rent the other, or renovate and landscape to increase the current value. Take advantage of significant tax savings since this home is registered under the Mills Act. Vacant front home was recently renovated while maintaining the original craftsman features: 2 bedrooms, 1.25 baths, formal dining room, hardwood floors, original cabinetry, windows, and claw foot tub. Two-story rear home is rented to one household for appx. $3300 with 1+1 and sunroom on upper floor, and lower floor with separate entry and: 2+1, living room, and office. Rear home retains warm craftsman ambiance with large decks and private patio. This rear home has great potential as a larger home for an owner/user in the future. The grounds are large and relatively flat ready for you to create your own oasis! Neighborhood appeals to many with Mount Washington School district, close and convenient Gold line access, and NELA faves close by Highland Park Bowl, Gold Line, Blind Barber, Hippo, and Triple Beam Pizza. Seller is DRE licensed.

  • July, 2004

  • Jul 30, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2004

  • May 21, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2002

  • Jan 9, 2002

    Date

    Expired

    CRMLS: G214070

    $399,000

    Price

  • Oct 9, 2001

    Date

    Active

    CRMLS: G214070

    --

    Price

  • Listing provided courtesy of CRMLS

    IT'S RARE TO FIND "TWO" EARLY CALIFORNIA CRAFTSMAN HOMES ON A TRANQUIL LOT SURROUNDED BY MATURE FOLIAGE JUST ABOUT ANYWHERE LET ALONE IN THE HISTORIC CORRIDOR OF MT WASHINGTON! ONE RENTS FOR $1350/MO, THE OTHER VACANT & EASY TO SHOW. THESE 'DIAMONDS IN THE ROUGH' HAVE ALL THE CHARACTER, ESSENCE & FUNK THAT MAKE UP MT WASHINGTON. SOLD AS-IS. BUYER TO COOP IN 1031EXCHANGE.

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Tax History for 320 W Avenue 43

Assessed Value (2020): $345,000
Year Land Value Improved Value Assessed Value
2020 $279,000 $66,000 $345,000

Home Value Compared to the Market

This property vs the competition

320 W Avenue 43 sold on May 25, 2022 for 16.07% higher 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 $787.4 per/sqft which puts the price per square foot 8.76% higher than the current median sale per square foot for the city of Los Angeles.

About 320 W Avenue 43

Detailed summary of property

320 W Avenue 43 is a multi family that recently sold in Los Angeles, CA 90065. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 1,651 living square feet, and sits on an approximately 8,968 square foot lot. 320 W Avenue 43 was first listed on ArdentRealEstateGroup.com on May 2, 2022. The homeowner sold the property for $1,400,400. 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 16.07% higher than the current median priced home. Local homes that are currently for sale include 5938 E Echo St, 2206 W Avenue 30 and 2214 W Avenue 30. 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 320 W Avenue 43 Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 320 W Avenue 43

Public county record property details
Beds
3
Baths
2
Year built
1909
Sq. Ft.
1,651
Lot Size
8,968
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5465-016-008

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$796
Median Sold Price
$1,253,094
Median Sold Price/Sq.Ft.
$681
Total Inventory
86
Median Sale to List Price %
100.25%
Avg Days on Market
33
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (25%), Other (15%)

Thinking of Selling?

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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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