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322 S Swall Dr, Los Angeles, CA 90048
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322 S Swall Dr Los Angeles, CA 90048

$3,200,000
  • 10 Beds
  • 10 Baths
  • 6,850 Sq.Ft.
For Sale
$3,200,000 Get Pre-Qualified
Map preview of 322 S Swall Dr, Los Angeles, CA 90048

Property Overview: 322 S Swall Dr Los Angeles, CA has 10 bedrooms, 10 bathrooms, 6,850 living square feet and 5,405 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Probate Sale, Court confirmation MAY be required. 5-Unit residential property, for sale AFTER 40 years! All units are large 2 Bed 2 Bath, 3 of 5 units are vacant and will be delivered vacant at COE. Separately metered for electricity, and master metered for Gas. Mandatory Soft Story Retrofit has NOT been done and a Certificate of Substandard Building has been recorded by the City on the title on July 19, 2018. No known upgrades (to any systems) done. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations. Seller is MOTIVATED and wants to see ALL offers. Only the vacant units will be shown during the open houses.

Listed by Vineendra Jain | BRE #01413466 | Ingenious Asset Group, Inc.
Last checked: 2 minutes ago | Last updated: May 6th, 2024 | Source CRMLS | DOM: 253
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Home details

Lot Sq. Ft
5,405
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23301669
City
Los Angeles
County
Los Angeles
Time on Site
253 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,201
  • Total Rent: $16,006
  • Pro Forma/Market Rent: $21,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.05%
  • Gross Rent Multiplier: 16.47
  • Gross Scheduled Income: --
  • Net Operating Income: $129,596
  • Gross Operating Income: $184,634
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 322 S Swall Dr

No upcoming open houses

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Property Details for 322 S Swall Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile, Vinyl
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Gas Cooktop, Oven, Gas Range, Range Hood
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Concrete
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Covered, Tandem Garage, Uncovered
Lot Information
  • Lot Features: Front Yard, Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 4335013015
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd, North of Burton Way, East of S Doheny Dr, and West of N Robertson Blvd
View more facts & features

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Sale History for 322 S Swall Dr

Last sold on July 13th, 2011

  • February, 2024

  • Feb 15, 2024

    Date

    Canceled

    CRMLS: SR23217167

    $3,200,000

    Price

  • Nov 27, 2023

    Date

    Active

    CRMLS: SR23217167

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

    Probate Sale, Court Confirmation MAY be required. 5-Unit residential property, for sale AFTER 39 years! Soft Story Retrofit has NOT been done. All units are separately metered for gas & electricity. No known upgrades (to any systems) done to the property. Subject to City of Los Angeles Rent Control ordinance. Seller is MOTIVATED and wants to see ALL offers. Seller is a Court-appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Sold AS IS & Where IS, with current 2 tenant(s) in place. Seller will not be responsible for any repairs, inspection reports, termite work, and mandatory government retrofit requirements prior to close. Buyer to conduct their own investigations.

  • August, 2023

  • Aug 28, 2023

    Date

    Active

    CRMLS: 23301669

    $3,200,000

    Price

  • July, 2011

  • Jul 13, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 322 S Swall Dr

Assessed Value (2020): $741,669
Year Land Value Improved Value Assessed Value
2020 $265,215 $476,454 $741,669

Home Value Compared to the Market

This property vs the competition

322 S Swall Dr is listed 159.11% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $467.15 per/sqft which puts the price per square foot 39.64% lower than the median price per square foot for the city of Los Angeles.

About 322 S Swall Dr

Detailed summary of property

322 S Swall Dr is a multi family located in Los Angeles, CA 90048 and is currently for sale. This multi family property offers 10 bedrooms, 10 bathrooms, roughly 6,850 living square feet, and sits on an approximately 5,405 square foot lot. 322 S Swall Dr was first listed on ArdentRealEstateGroup.com on August 29, 2023. The homeowner is currently asking $3,200,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 159.11% higher than the median priced home. Local competing homes currently for sale include 434 N Ogden Dr, 8662 Cadillac Ave and 8701 Olin St. While the average home in Los Angeles, CA is selling in 94 days, 322 S Swall Dr has a days on market of 253 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 322 S Swall Dr Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 322 S Swall Dr

Public county record property details
Beds
10
Baths
10
Year built
1962
Sq. Ft.
6,850
Lot Size
5,404
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
252
APN
4335-013-015

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,550,000
Median List Price/Sq.Ft.
$1,043
Median Sold Price
$2,275,000
Median Sold Price/Sq.Ft.
$989
Total Inventory
131
Median Sale to List Price %
91.18%
Avg Days on Market
72
Loan Type
Conventional (9.52%), FHA (0%), VA (0%), Cash (9.52%), Other (0%)

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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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