348 E 68Th St, Los Angeles, CA 90003
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348 E 68Th St Los Angeles, CA 90003

$949,000
  • 6 Beds
  • 4 Baths
  • 2,272 Sq.Ft.
For Sale
$949,000 Get Pre-Qualified

Map preview of 348 E 68Th St, Los Angeles, CA 90003

Property Overview: 348 E 68Th St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,272 living square feet and 5,411 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: It is a diamond in the market. This is a duplex. Each unit has Three-bedroom and one-bath. Front unit is one story, back unit is 2 story. Kitchen with granite countertop. Each unit has laminate water proof flooring, living room, hallway, and 3 bedroom & 2 bath. The units are in very good condition but could use some updating. It has front and rear yard, 2 car garage and Long driveway for extra parking. All these in a LAR2 Lot with 5,411 Sq,Ft. Community features are close to the Down town of Los Angeles and to all the exciting entertainment venues. So Fi Stadium, Staples Center, and Crypto Area. There's also the Garment Industry, the Metrolink, Train Station, and the USC Campus. There are plenty of shopping and other amenities close by including easy access to the 110 Fwy.

Listed by Chris Limon | BRE #01182471 | Century 21 A Better Service
Last checked: 20 seconds ago | Last updated: March 16th, 2024 | Source CRMLS | DOM: 36
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Home details

Lot Sq. Ft
5,411
HOA Dues
$0/mo
Year built
1920
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
DW24053086
City
Los Angeles
County
Los Angeles
Time on Site
46 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: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,985
  • Total Rent: $1,985
  • Pro Forma/Market Rent: $3,465
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,985
  • Total Rent: $1,985
  • Pro Forma/Market Rent: $3,465
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $47,640
  • Net Operating Income: $42,725
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,940
  • Licenses: $225
  • Trash: $0
  • Gardener: $1,440
  • Insurance: $1,250
  • Water/Sewer: $3,250

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Property Details for 348 E 68Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Kitchen, Laundry, Living Room, Multi-Level Bedroom
Interior Features
  • Granite Counters
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Good Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Driveway, Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6011011012
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
  • Accessibility Features: Parking, See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Between San Pedro St & Avalon Blvd.
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 348 E 68Th St

Last sold on August 18th, 2017
  • March, 2024

  • Mar 15, 2024

    Date

    Active

    CRMLS: DW24053086

    $949,000

    Price

  • August, 2017

  • Aug 18, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2016

  • Jan 6, 2016

    Date

    Sold (Public Records)

    Public Records

    $340,000

    Price

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Tax History for 348 E 68Th St

Assessed Value (2020): $454,619
Year Land Value Improved Value Assessed Value
2020 $324,729 $129,890 $454,619

Home Value Compared to the Market

This property vs the competition

348 E 68Th St is listed 23.22% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $417.69 per/sqft which puts the price per square foot 45.96% lower than the median price per square foot for the city of Los Angeles.

About 348 E 68Th St

Detailed summary of property

348 E 68Th St is a duplex located in Los Angeles, CA 90003 and is currently for sale. This duplex offers 6 bedrooms, 4 bathrooms, roughly 2,272 living square feet, and sits on an approximately 5,411 square foot lot. 348 E 68Th St was first listed on ArdentRealEstateGroup.com on March 16, 2024. The homeowner is currently asking $949,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 23.22% lower than the median priced home. Local competing homes currently for sale include 1135 E 67th St, 353 W 77th St and 7704 S Grand Ave. While the average home in Los Angeles, CA is selling in 96 days, 348 E 68Th St has a days on market of 36 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 348 E 68Th 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 348 E 68Th St

Public county record property details
Beds
6
Baths
4
Year built
1920
Sq. Ft.
2,272
Lot Size
5,410
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
6011-011-012

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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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.