328 N St Louis St, Los Angeles, CA 90033
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328 N St Louis St Los Angeles, CA 90033

$1,250,000
  • 128 Beds
  • 64 Baths
  • 4,452 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified

Map preview of 328 N St Louis St, Los Angeles, CA 90033

Property Overview: 328 N St Louis St Los Angeles, CA has 128 bedrooms, 64 bathrooms, 4,452 living square feet and 7,200 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: This 8-unit investment opportunity at 324 N St Louis Street, in Boyle Heights, awaits its new owner! This two-story apartment building, all 2 bedrooms with 1 bath is 100% occupied and falls under the city of Los Angeles with rent control regulations. Built in 1956, 4452 sq ft of living space and a 7201 sq ft lot. There is a large parking area at the back of the property. Boyle Heights is bordered on the north by Lincoln Heights, on the east by East Los Angeles, on the south by Vernon, and on the west by Downtown Los Angeles. Close to major freeways: 5, 10, and 101. It is centered in the culturally rich Boyle Heights area of Los Angeles, close to retail and eateries along Cesar Chavez Avenue. This apartment building is being sold alongside a second apartment building, directly across from this building, also 8 units, all 2 bedrooms and 1 bath. Each lot has its own APN number, and shares an easement entry to the parking lot, being sold together. Please see MLS#PW24187888 for further details on the second apartment building.

Listed by Laura Fox | BRE #01750945 | T.N.G. Real Estate Consultants
Last checked: 12 minutes ago | Last updated: September 21st, 2024 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
7,200
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24187980
City
Los Angeles
County
Los Angeles
Time on Site
17 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Leased Units: 8
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 16
  • # of Baths: 8
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $6,300
  • Pro Forma/Market Rent: $8,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,000
  • Net Operating Income: $0
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $0
  • Insurance: $0
  • Maintenance: $3,000
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 328 N St Louis St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • No Heating
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Unassigned, Uncovered
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5183002020
  • Year Built Source: Assessor
  • Property is Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Assume, Buyer to Verify, Unknown
Location / Neighborhood
Location Information
  • Directions: Off of Cesar Chavez Blvd
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 328 N St Louis St

View property's historical transactions
  • September, 2024

  • Sep 11, 2024

    Date

    Active

    CRMLS: PW24187980

    $1,250,000

    Price

Tax History for 328 N St Louis St

Assessed Value (2020): $175,082
Year Land Value Improved Value Assessed Value
2020 $43,068 $132,014 $175,082

Home Value Compared to the Market

This property vs the competition

328 N St Louis St is listed 4.17% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $280.77 per/sqft which puts the price per square foot 63.58% lower than the median price per square foot for the city of Los Angeles.

About 328 N St Louis St

Detailed summary of property

328 N St Louis St is a mixed use located in Los Angeles, CA 90033 and is currently for sale. This mixed use property offers 128 bedrooms, 64 bathrooms, roughly 4,452 living square feet, and sits on an approximately 7,200 square foot lot. 328 N St Louis St was first listed on ArdentRealEstateGroup.com on September 11, 2024. The homeowner is currently asking $1,250,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 4.17% higher than the median priced home. Local competing homes currently for sale include 2506 S Budlong Ave, 3110 S Normandie and 4913 Melrose Ave #4911. While the average home in Los Angeles, CA is selling in 106 days, 328 N St Louis St has a days on market of 12 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 328 N St Louis St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 328 N St Louis St

Public county record property details
Beds
16
Baths
8
Year built
1956
Sq. Ft.
4,452
Lot Size
7,197
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16,19
APN
5183-002-020

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
7
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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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.