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326 W 70Th St, Los Angeles, CA 90003
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326 W 70Th St Los Angeles, CA 90003

$825,000 Sold Price as of 05/25/2021
  • 9 Beds
  • 5 Baths
  • 3,008 Sq.Ft.
Sold
$825,000 Sold Price as of 05/25/2021 Refinance Your Mortgage
Map preview of 326 W 70Th St, Los Angeles, CA 90003

Property Overview: 326 W 70Th St Los Angeles, CA has 9 bedrooms, 5 bathrooms, 3,008 living square feet and 5,143 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic opportunity to own this high-yielding 2-unit property built in 2011. Property consists of one 5-bedroom / 3-bath unit and one 4-bedroom / 2-bath unit. It also has a two-car detached garage, which the new owner may decide to convert into an Accessory Dwelling Unit, significantly increasing the value of the property. Quiet neighborhood with easy access to transportation, shopping, schools, etc. Both units are occupied by Section 8 tenants who currently are on month-to-month leases. Property will be delivered occupied. Both units are individually metered for electricity and gas but owner pays for water and trash. Property is conveniently located right off the 110 Freeway and is about 5 miles from downtown LA. *PLEASE DO NOT DISTURB TENANTS. TENANTS ARE NOT AWARE THAT THE PROPERTY IS LISTED FOR SALE. DRIVE BY ONLY*

Listed by Adeyanju Ajetunmobi | BRE #01717945 | Berkshire Hathaway HomeServices California Properties
Last checked: 9 minutes ago | Last updated: March 8th, 2024 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
5,143
HOA Dues
$0/mo
Year built
2011
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB21074516
City
Los Angeles
County
Los Angeles
Time on Site
1234 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,171
  • Total Rent: $3,171
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $3,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $83,652
  • Net Operating Income: $68,852
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,800
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $10,000
  • Trash: $0
  • Insurance: $1,200
  • Water/Sewer: $3,600

Property Details for 326 W 70Th St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6012011037
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W Florence Ave & S Broadway Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 326 W 70Th St

Last sold for $825,000 on May 25th, 2021

  • March, 2024

  • Mar 5, 2024

    Date

    Expired

    CRMLS: RS23221008

    $3,500

    Price

  • Dec 4, 2023

    Date

    Active

    CRMLS: RS23221008

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Front House, Two Story, 4 bedrooms, 2 bathrooms and 2 assigned parking spaces. Recently remodeled and ready to move in. New paint, new blinds, vinyl and tile flooring throughout. Inside laundry with stackable washer and dryer connections. Conveniently located near freeway, transportation, schools, shopping and downtown Los Angeles.

  • December, 2023

  • Dec 5, 2023

    Date

    Canceled

    CRMLS: RS23207482

    $3,600

    Price

  • Nov 8, 2023

    Date

    Active

    CRMLS: RS23207482

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    Front Home, Two Story, 4 bedrooms, 2 bathrooms and 2 assigned parking spaces. Recently remodeled and ready to move in. Conveniently located near freeway, transportation, schools, shopping and downtown Los Angeles.

  • May, 2021

  • May 25, 2021

    Date

    Sold

    CRMLS: SB21074516

    $825,000

    Price

  • Apr 22, 2021

    Date

    Pending

    CRMLS: SB21074516

    $800,000

    Price

  • Apr 20, 2021

    Date

    Hold

    CRMLS: SB21074516

    $800,000

    Price

  • Apr 20, 2021

    Date

    Active

    CRMLS: SB21074516

    $800,000

    Price

  • Apr 13, 2021

    Date

    Hold

    CRMLS: SB21074516

    $800,000

    Price

  • Apr 9, 2021

    Date

    Active

    CRMLS: SB21074516

    $800,000

    Price

  • May, 2017

  • May 3, 2017

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

  • February, 2012

  • Feb 1, 2012

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

Show More

Tax History for 326 W 70Th St

Assessed Value (2020): $668,560
Year Land Value Improved Value Assessed Value
2020 $275,914 $392,646 $668,560

Home Value Compared to the Market

This property vs the competition

326 W 70Th St sold on May 25, 2021 for 28.57% 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 $265.96 per/sqft which puts the price per square foot 63.27% lower than the current median sale per square foot for the city of Los Angeles.

About 326 W 70Th St

Detailed summary of property

326 W 70Th St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 3,008 living square feet, and sits on an approximately 5,143 square foot lot. 326 W 70Th St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $825,000. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 216-218 E 66th St, 500 W 60th St and 319 W 81st St. While the average home in Los Angeles, CA is selling in 106 days, 326 W 70Th St has a days on market of 4 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 326 W 70Th 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 326 W 70Th St

Public county record property details
Beds
6
Baths
4
Year built
2011
Sq. Ft.
2,967
Lot Size
5,143
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
6012-011-037

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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