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321 N Bixel St, Los Angeles, CA 90026
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321 N Bixel St Los Angeles, CA 90026

$4,850,000 Sold Price as of 06/20/2022
  • 9 Beds
  • 9 Baths
  • 6,939 Sq.Ft.
Sold
$4,850,000 Sold Price as of 06/20/2022 Refinance Your Mortgage
Map preview of 321 N Bixel St, Los Angeles, CA 90026

Property Overview: 321 N Bixel St Los Angeles, CA has 9 bedrooms, 9 bathrooms, 6,939 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 321 N. Bixel Street, a collection of newly constructed modern units offering unparalleled views of the DTLA skyline and condo-quality finishes. This stabilized trophy asset is NOT SUBJECT TO RENT CONTROL, generates $300K+ in annual gross income and features stellar tenant profiles with high-income producing jobs. Situated just South of Temple St, the subject property is comprised of (7) townhome-style lofts with private rooftop patios offering stellar views of DTLA and (2) ground-floor studios with private courtyards. Please note, 1 unit will be delivered VACANT upon COE. Developed to exceed the needs of high-income professionals, these condo-quality units feature cutting-edge smart home technology, stainless-steel appliances, quartz countertops, recessed lighting and in-unit washer and dryer. Additionally, the property features gated entry and nine covered parking spaces.

Listed by Kenny Stevens | BRE #01090251 | Compass
Co-listed by Max Berger | BRE #02054048 | Compass
Last checked: 15 minutes ago | Last updated: March 25th, 2024 | Source CRMLS | DOM: 162

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
2020
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21110805
City
Los Angeles
County
Los Angeles
Time on Site
905 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,871
  • Total Rent: $2,871
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,095
  • Total Rent: $3,095
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 5
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $11,000
  • Pro Forma/Market Rent: $12,000
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,295
  • Total Rent: $2,295
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.87
  • Gross Scheduled Income: --
  • Net Operating Income: $204,758
  • Gross Operating Income: $302,570
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 321 N Bixel St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Side by Side, Covered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 9
  • Parcel Number: 5160020028
  • Architectural Style: Modern
Location / Neighborhood
Location Information
  • Directions: 1 Block South of Temple Street, between Glendale Blvd and N. Beaudry Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 321 N Bixel St

Last leased for $2,750 on March 25th, 2024

  • March, 2024

  • Mar 25, 2024

    Date

    Leased

    CRMLS: 24364319

    $2,750

    Price

  • Mar 2, 2024

    Date

    Active

    CRMLS: 24364319

    $2,995

    Price

  • Listing provided courtesy of CRMLS

    PANORAMIC VIEWS OF LOS ANGELES FROM YOUR OWN PRIVATE LARGE 200 SF ROOFTOP DECK!The Bixel Loft community is proof you can have it all. Centrally located in the creative heart of Los Angeles between Silver Lake, Echo Park and Downtown. Take advantage of your OWN PRIVATE ROOF-TOP DECK with PANORAMIC VIEWS of Downtown LA. Think of it as a private dine-in alternative; a place to entertain. Life the way it should be.Drive up and be taken in by the MODERN AESTHETIC of this beautifully designed and secure building. There are no shared enclosed spaces, walk up the staircase with DIRECT ACCESS TO YOUR UNIT. Each loft features 17 FOOT CEILINGS with floor to ceiling windows that allow you to enjoy views from both the ground floor and the second floor.The ground floor is complete with a MODERN SMART KITCHEN with STAINLESS STEEL APPLIANCES, living room, dining area and designated office area. The second floor-loft space makes for the perfect bedroom. Bring your platform bed and style to create your dream bedroom. One parking space included. IN UNIT LAUNDRY with washer and dryer provided.

  • March, 2024

  • Mar 25, 2024

    Date

    Leased

    CRMLS: 23341249

    $2,750

    Price

  • Dec 21, 2023

    Date

    Active

    CRMLS: 23341249

    $2,950

    Price

  • Listing provided courtesy of CRMLS

    PANORAMIC VIEWS OF LOS ANGELES FROM YOUR OWN PRIVATE LARGE 200 SF ROOFTOP DECK!The Bixel Loft community is proof you can have it all. Centrally located in the creative heart of Los Angeles between Silver Lake, Echo Park and Downtown. Take advantage of your OWN PRIVATE ROOF-TOP DECK with PANORAMIC VIEWS of Downtown LA. Think of it as a private dine-in alternative; a place to entertain. Life the way it should be.Drive up and be taken in by the MODERN AESTHETIC of this beautifully designed and secure building. There are no shared enclosed spaces, walk up the staircase with DIRECT ACCESS TO YOUR UNIT. Each loft features 17 FOOT CEILINGS with floor to ceiling windows that allow you to enjoy views from both the ground floor and the second floor.The ground floor is complete with a MODERN SMART KITCHEN with STAINLESS STEEL APPLIANCES, living room, dining area and designated office area. The second floor-loft space makes for the perfect bedroom. Bring your platform bed and style to create your dream bedroom. One parking space included. IN UNIT LAUNDRY with washer and dryer provided.

  • November, 2023

  • Nov 4, 2023

    Date

    Expired

    CRMLS: 23297959

    $2,095

    Price

  • Aug 4, 2023

    Date

    Active

    CRMLS: 23297959

    $2,095

    Price

  • Listing provided courtesy of CRMLS

  • June, 2022

  • Jun 20, 2022

    Date

    Sold

    CRMLS: 21110805

    $4,850,000

    Price

  • Dec 8, 2021

    Date

    Active

    CRMLS: 21110805

    $4,995,000

    Price

  • August, 2021

  • Aug 1, 2021

    Date

    Expired

    CRMLS: 20660412

    $5,100,000

    Price

  • Jul 3, 2021

    Date

    Active

    CRMLS: 20660412

    $5,100,000

    Price

  • Jun 27, 2021

    Date

    Expired

    CRMLS: 20660412

    $5,100,000

    Price

  • May 26, 2021

    Date

    Active

    CRMLS: 20660412

    $5,100,000

    Price

  • May 24, 2021

    Date

    Expired

    CRMLS: 20660412

    $5,100,000

    Price

  • Apr 28, 2021

    Date

    Active

    CRMLS: 20660412

    $5,100,000

    Price

  • Apr 22, 2021

    Date

    Expired

    CRMLS: 20660412

    $5,100,000

    Price

  • Jan 12, 2021

    Date

    Active

    CRMLS: 20660412

    $5,100,000

    Price

  • Dec 17, 2020

    Date

    Withdrawn

    CRMLS: 20660412

    $5,100,000

    Price

  • Nov 17, 2020

    Date

    Active

    CRMLS: 20660412

    $5,100,000

    Price

  • Listing provided courtesy of CRMLS

    Bixel Lofts is a luxury, brand new construction, 9 unit complex located in prime South Echo Park / Westlake / City West near booming Downtown LA. Situated just south of Temple St and the 101 Freeway, this 2020 constructed building has truly unique units that offer renters luxurious, private indoor and outdoor space, usually reserved for homeowners. The property boasts seven townhome-style lofts with private rooftop decks and two ground floor studios, each with a private courtyard. The densely populated location ensures expeditious future lease up and condo-spec luxury build allow for tenant comfort and investor stability. Seven of the nine units have been leased during the Covid-19 pandemic, assuring a future investor the stability in the leasing of these units even during these uncertain times. Uniquely perched on Bixel St, the units have panoramic views of the sparkling Downtown LA skyline.

  • June, 2017

  • Jun 2, 2017

    Date

    Sold (Public Records)

    Public Records

    $925,000

    Price

  • February, 2016

  • Feb 3, 2016

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

Show More

Tax History for 321 N Bixel St

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $981,617 -- --

Home Value Compared to the Market

This property vs the competition

321 N Bixel St sold on June 20, 2022 for 315.97% 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 $713.36 per/sqft which puts the price per square foot 5.52% lower than the current median sale per square foot for the city of Los Angeles.

About 321 N Bixel St

Detailed summary of property

321 N Bixel St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 9 bedrooms, 9 bathrooms, roughly 6,939 living square feet, and sits on an approximately 7,000 square foot lot. 321 N Bixel St was first listed on ArdentRealEstateGroup.com on December 8, 2021. The homeowner sold the property for $4,850,000. 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 315.97% higher than the current median priced home. Local homes that are currently for sale include 323 N Soto St, 1002 N Mariposa Ave and 4171 W 4th St. While the average home in Los Angeles, CA is selling in 95 days, 321 N Bixel St has a days on market of 162 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 321 N Bixel St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 321 N Bixel St

Public county record property details
Beds
3
Baths
2
Year built
1887
Sq. Ft.
1,314
Lot Size
7,009
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5160-020-028

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$820
Median Sold Price
$1,540,000
Median Sold Price/Sq.Ft.
$1,098
Total Inventory
79
Median Sale to List Price %
110.39%
Avg Days on Market
23
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

Thinking of Selling?

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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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