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340 W 62Nd St, Los Angeles, CA 90003
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340 W 62Nd St Los Angeles, CA 90003

$1,259,000
  • 10 Beds
  • 5 Baths
  • 4,112 Sq.Ft.
For Sale
$1,259,000 Get Pre-Qualified
Map preview of 340 W 62Nd St, Los Angeles, CA 90003

Property Overview: 340 W 62Nd St Los Angeles, CA has 10 bedrooms, 5 bathrooms, 4,112 living square feet and 8,155 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: Corner property has two address: House = 340 w. 62nd St & 4 units = 6210 Grand Ave. All units are 2 bedrooms & 1 bath. House & 2 units had been upgraded. Property is very private secured gate & fences with lock access. Property is well-maintained. Property has camera system in common area and parking areas. Property has many lights and well led at night. Total 10 parking space, 4 parking spaces in the front & 6 parking in the back. Each unit has 2 parking spaces.

Listed by Tony Lee | BRE #01034072 | Elite Homes Realty
Last checked: 9 minutes ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 1
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Home details

Lot Sq. Ft
8,155
HOA Dues
$0/mo
Year built
1915
Garage
10 Car
Property Type:
Apartment
Status
Active
MLS#
OC24082294
City
Los Angeles
County
Los Angeles
Time on Site
18 hours
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,152
  • Total Rent: $1,152
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $932
  • Total Rent: $932
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $95,508
  • Net Operating Income: $70,503
  • Gross Operating Income: --
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $25,005
  • Electric: $0
  • Licenses: $300
  • New Taxes: $14,375
  • Furniture Replacement: $0
  • Trash: $3,193
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $3,779
  • Maintenance: $0
  • Professional Management: $0
  • Water/Sewer: $3,358

Open Houses for 340 W 62Nd St

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Property Details for 340 W 62Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Automatic Gate, Closed Circuit Camera(s), Security Lights, Smoke Detector(s), Window Bars
  • Door Features: Atrium Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 10
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 6005003044
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Foundation Details: Raised, Slab
  • Property is Attached
  • Accessibility Features: Parking
  • Property Condition: Repairs Cosmetic
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 Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Assume
Location / Neighborhood
Location Information
  • Directions: 110 FWY exist Gage & Grand Ave
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 340 W 62Nd St

Last leased for $2,250 on March 22nd, 2024

  • May, 2024

  • May 2, 2024

    Date

    Active

    CRMLS: OC24082294

    $1,259,000

    Price

  • April, 2024

  • Apr 28, 2024

    Date

    Canceled

    CRMLS: OC23086884

    $1,199,000

    Price

  • Jun 28, 2023

    Date

    Active

    CRMLS: OC23086884

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2024

  • Mar 22, 2024

    Date

    Leased

    CRMLS: OC24005136

    $2,250

    Price

  • Jan 9, 2024

    Date

    Active

    CRMLS: OC24005136

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Cozy updated 2 bedroom 1 bath upstairs unit move in ready! Walking distance to public transportation, shopping center & market. Recent remodel new kitchen, flooring & bathroom. Back building and upstairs' unit.

  • October, 2022

  • Oct 31, 2022

    Date

    Leased

    CRMLS: OC22167344

    $2,295

    Price

  • Aug 4, 2022

    Date

    Active

    CRMLS: OC22167344

    $2,250

    Price

  • Listing provided courtesy of CRMLS

    Cozy updated 2 bedroom 1 bath down stairs unit move in ready! Walking distance to public transportation, shopping center & market. Recent remodel new kitchen, flooring & bathroom. Back building and down stair unit.

  • July, 2022

  • Jul 29, 2022

    Date

    Sold

    CRMLS: 22162623

    $870,000

    Price

  • May 31, 2022

    Date

    Active

    CRMLS: 22162623

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    Attention First time Buyers and Investors Just listed this Multi Unit Property consisting of 5 units all 2 Bedrooms 1 Bath in each unit #2 is vacant and newly remolded with all new fixtures in the Bathroom including a Brand New Tub this unit is ready to move in.

  • March, 2011

  • Mar 31, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 340 W 62Nd St

Assessed Value (2020): $468,582
Year Land Value Improved Value Assessed Value
2020 $234,291 $234,291 $468,582

Home Value Compared to the Market

This property vs the competition

340 W 62Nd St is listed 2.78% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $306.18 per/sqft which puts the price per square foot 60.44% lower than the median price per square foot for the city of Los Angeles.

About 340 W 62Nd St

Detailed summary of property

340 W 62Nd St is a apartment located in Los Angeles, CA 90003 and is currently for sale. This apartment offers 10 bedrooms, 5 bathrooms, roughly 4,112 living square feet, and sits on an approximately 8,155 square foot lot. 340 W 62Nd St was first listed on ArdentRealEstateGroup.com on May 2, 2024. The homeowner is currently asking $1,259,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 2.78% higher than the median priced home. Local competing homes currently for sale include 625 E 49th St, 827 E 74th St and 4473 Mettler St. While the average home in Los Angeles, CA is selling in 96 days, 340 W 62Nd St has a days on market of 1 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 340 W 62Nd 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 340 W 62Nd St

Public county record property details
Beds
10
Baths
5
Year built
1915
Sq. Ft.
4,112
Lot Size
8,155
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
39,40
APN
6005-003-044

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
$575,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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Recently Sold Homes Near 340 W 62Nd St

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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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