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351 N Alfred St Los Angeles, CA 90048

$3,169,750 Sold Price as of 12/03/2021

6 Beds
4 Baths
4,318 Sq.Ft.

Sold

$3,169,750 Sold Price as of 12/03/2021 Refinance Your Mortgage

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Map preview of 351 N Alfred St, Los Angeles, CA 90048

Property Overview: 351 N Alfred St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 4,318 living square feet and 7,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic location, fully renovated, 4,300SF duplex on oversized 7,700 SF lot. Each unit is 3/2. Formal Living and Dining Rooms, Kitchen and Breakfast Room. Both units are rented at $5500 each.

Listed by Craig Spano | BRE #01971165 | Compass
Co-listed by David Lubell | BRE #01928231 | Compass

Last checked: 16 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft: 7,750
HOA Dues: $0/mo
Year built: 1950
Garage: 4 Car
Property Type:: Multi Family

Status: Sold
MLS#: 21788726
City: Los Angeles
County: Los Angeles
Time on Site: 960 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2

Unit Breakdown 1

# of Units: 2
# of Beds: 3
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $5,500
Total Rent: $5,500
Pro Forma/Market Rent: $5,650

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 1
Gross Scheduled Income: --
Net Operating Income: $120,000
Gross Operating Income: $132,000

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 351 N Alfred St

Interior Features

Heating Information

Has Heating
Forced Air

Laundry Information

Has Laundry
Dryer Included

Room Information

Flooring: Carpet, Wood

Kitchen Information

Has Appliances
Dishwasher, Disposal

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 4
# of Parking Spaces: 2
Has Parking
Parking Features: Detached Carport, Garage Door Opener

Property Information

No View
View: None
Total # of Units: 2
Parcel Number: 5514012016
Architectural Style: Contemporary

Location / Neighborhood

Location Information

Directions: South of Oakwood

View more facts & features

Local Los Angeles Agent

Sale History for 351 N Alfred St

Last sold for $3,169,750 on December 3rd, 2021

December, 2021
Dec 3, 2021

Date

Sold

CRMLS: 21788726

$3,169,750

Price
Oct 1, 2021

Date

Active

CRMLS: 21788726

$3,325,000

Price
June, 2020
Jun 17, 2020

Date

Leased

CRMLS: 20580948

$5,500

Price
Jun 10, 2020

Date

Pending

CRMLS: 20580948

$5,500

Price
May 20, 2020

Date

Active

CRMLS: 20580948

$5,500

Price
Listing provided courtesy of CRMLS

This is a 12 Month Lease beginning June 17th. Fully renovated lower unit in A+ location - Elegant center-hall layout. Huge kitchen with breakfast area. Bonus screened in porch overlooking oversized back yard.

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November, 2019
Nov 19, 2019

Date

Leased

CRMLS: 19522918

$5,500

Price
Oct 22, 2019

Date

Active

CRMLS: 19522918

$5,500

Price
Listing provided courtesy of CRMLS

Upper unit in large vintage duplex with center hall plan. Oversized backyard. Renovated kitchen and baths. Ultra-prime location walkable to both Melrose Ave., Beverly Center, and 3rd Street. Available November 15th.

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September, 2018
Sep 23, 2018

Date

Leased

CRMLS: 18380378

$5,000

Price
Sep 6, 2018

Date

Active

CRMLS: 18380378

$5,000

Price
Listing provided courtesy of CRMLS

Fully renovated lower unit in A+ location - Elegant center-hall layout. Huge kitchen with breakfast area. Bonus screened in porch overlooking oversized back yard.

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March, 2018
Mar 14, 2018

Date

Price Change

CRMLS: 18312884

$2,800,000

Price
Mar 6, 2018

Date

Pending

CRMLS: 18312884

$5,100,000

Price
Feb 23, 2018

Date

Active Under Contract

CRMLS: 18312884

$5,100,000

Price
Feb 13, 2018

Date

Active

CRMLS: 18312884

$5,100,000

Price
Listing provided courtesy of CRMLS

Beautifully updated, large 4,318 Sq Ft, 6 Bedroom / 4 Bathroom duplex with rare back alley access and garage parking for 4+ cars. Oversized R2 lot totaling 7,750 Sq Ft. Close to shopping, dining, entertainment, Melrose Place, Beverly Center and many retail projects proposed for Beverly Blvd in the coming years! Upstairs tenant is paying $4,738 and the lower owner's unit can be delivered vacant.

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March, 2018
Mar 13, 2018

Date

Sold (Public Records)

Public Records

$2,800,000

Price
January, 1994
Jan 12, 1994

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 351 N Alfred St

Assessed Value (2020): $2,913,120

Year	Land Value	Improved Value	Assessed Value
2020	$2,288,880	$624,240	$2,913,120

Home Value Compared to the Market

This property vs the competition

351 N Alfred St sold on December 3, 2021 for 179.41% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $770.03 per/sqft which puts the price per square foot 1.99% higher than the current median sale per square foot for the city of Los Angeles.

About 351 N Alfred St

Detailed summary of property

351 N Alfred St is a multi family that recently sold in Los Angeles, CA 90048. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 4,318 living square feet, and sits on an approximately 7,750 square foot lot. 351 N Alfred St was first listed on ArdentRealEstateGroup.com on September 30, 2021. The homeowner sold the property for $3,169,750. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 179.41% higher than the current median priced home. Local homes that are currently for sale include 930 S Mansfield Ave, 8662 Cadillac Ave and 1252 N Mansfield Ave. While the average home in Los Angeles, CA is selling in 94 days, 351 N Alfred St has a days on market of 5 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 351 N Alfred St Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 351 N Alfred St

Public county record property details

Beds: 4
Baths: 4
Year built: 1950
Sq. Ft.: 4,318
Lot Size: 7,749
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18
APN: 5514-012-016

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,495,000

Median List Price/Sq.Ft.

$1,041

Median Sold Price

$2,275,000

Median Sold Price/Sq.Ft.

$989

Total Inventory

133

Median Sale to List Price %

91.18%

Avg Days on Market

Loan Type

Conventional (9.52%), FHA (0%), VA (0%), Cash (9.52%), Other (0%)

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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.