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327 E Lanzit Ave, Los Angeles, CA 90061
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327 E Lanzit Ave Los Angeles, CA 90061

$585,000 Sold Price as of 05/22/2019
  • 6 Beds
  • 4 Baths
  • 2,656 Sq.Ft.
Sold
$585,000 Sold Price as of 05/22/2019 Refinance Your Mortgage
Map preview of 327 E Lanzit Ave, Los Angeles, CA 90061

Property Overview: 327 E Lanzit Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,656 living square feet and 4,734 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Opportunity to own a Bread and Butter Income Property for the price of a Single Family home! FHA Welcome! One unit will be available for an owner-user! Newer Construction Duplex – built in 2004 - NO RENT CONTROL! Ample parking space. Separately metered for gas and electric. Large 3 bedroom / 2 bath units. Each unit has their own washer and dryer hook ups. This property is gated for privacy and is priced to sell! Conveniently located close to schools, shopping centers, grocery stores, restaurants, coffee shops, parks, easy access to major freeways. Well maintained property with low maintenance and long-term tenants that always pay their rent on time. Start collecting income right away! Great for seasoned investor or first time buyer. Great upside rental potential in this highly metropolitan location! Please do not disturb tenants. Listing info deemed reliable but not guaranteed. No warranties expressed or implied. Buyer to verify and satisfy on all aspects of the property such as, but not limited to permits, bed/bath count, square footage, legality, etc.

Listed by Bryan Castillo | BRE #01912834 | Castillo Realty Group, Inc.
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 66

Home details

Lot Sq. Ft
4,734
HOA Dues
$0/mo
Year built
2004
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
IN19004520
City
Los Angeles
County
Los Angeles
Time on Site
1263 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,410
  • Total Rent: $1,410
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,920
  • Net Operating Income: $31,151
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,769
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,453
  • Trash: $0
  • Insurance: $716
  • Water/Sewer: $3,600

Property Details for 327 E Lanzit Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • See Remarks
Room Information
  • Flooring: Carpet, Tile
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Gated, Off Street, Parking Space, Uncovered
Lot Information
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6073026044
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: Imperial Highway and San Pedro St
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 327 E Lanzit Ave

Last sold for $585,000 on May 22nd, 2019

  • May, 2019

  • May 23, 2019

    Date

    Sold

    CRMLS: IN19004520

    $585,000

    Price

  • May 16, 2019

    Date

    Pending

    CRMLS: IN19004520

    $590,000

    Price

  • May 13, 2019

    Date

    Price Change

    CRMLS: IN19004520

    $590,000

    Price

  • May 13, 2019

    Date

    Active

    CRMLS: IN19004520

    $606,000

    Price

  • Apr 17, 2019

    Date

    Active Under Contract

    CRMLS: IN19004520

    $606,000

    Price

  • Mar 22, 2019

    Date

    Active

    CRMLS: IN19004520

    $606,000

    Price

  • Mar 16, 2019

    Date

    Pending

    CRMLS: IN19004520

    $606,000

    Price

  • Feb 25, 2019

    Date

    Price Change

    CRMLS: IN19004520

    $606,000

    Price

  • Jan 10, 2019

    Date

    Active

    CRMLS: IN19004520

    $638,000

    Price

  • May, 2019

  • May 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

  • March, 2014

  • Mar 5, 2014

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

Show More

Tax History for 327 E Lanzit Ave

Assessed Value (2020): $596,700
Year Land Value Improved Value Assessed Value
2020 $326,400 $270,300 $596,700

Home Value Compared to the Market

This property vs the competition

327 E Lanzit Ave sold on May 22, 2019 for 47.79% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $222.14 per/sqft which puts the price per square foot 70.54% lower than the current median sale per square foot for the city of Los Angeles.

About 327 E Lanzit Ave

Detailed summary of property

327 E Lanzit Ave is a duplex that recently sold in Los Angeles, CA 90061. This duplex offered 6 bedrooms, 4 bathrooms, roughly 2,656 living square feet, and sits on an approximately 4,734 square foot lot. 327 E Lanzit Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $585,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.79% lower than the current median priced home. Local homes that are currently for sale include 725 W 83rd St, 7818 Avalon Blvd and 845 E 80th St. While the average home in Los Angeles, CA is selling in 99 days, 327 E Lanzit Ave has a days on market of 66 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 327 E Lanzit Ave Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 327 E Lanzit Ave

Public county record property details
Beds
6
Baths
4
Year built
2004
Sq. Ft.
2,656
Lot Size
4,734
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
B
APN
6073-026-044

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$494
Median Sold Price
$630,000
Median Sold Price/Sq.Ft.
$643
Total Inventory
23
Median Sale to List Price %
97.22%
Avg Days on Market
26
Loan Type
Conventional (33.33%), FHA (33.33%), VA (0%), Cash (0%), Other (0%)

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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