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410 Lucas Ave, Los Angeles, CA 90017
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410 Lucas Ave Los Angeles, CA 90017

$1,060,000 Sold Price as of 10/31/2019
  • 6 Beds
  • 8 Baths
  • 3,250 Sq.Ft.
Sold
$1,060,000 Sold Price as of 10/31/2019 Refinance Your Mortgage
Map preview of 410 Lucas Ave, Los Angeles, CA 90017

Property Overview: 410 Lucas Ave Los Angeles, CA has 6 bedrooms, 8 bathrooms, 3,250 living square feet and 4,389 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Lucas Apartments benefits from the rising popularity of the Westlake District minutes from downtown Los Angeles and a mile away from the Westlake MacArthur Park Station Purple Line to downtown and Red Line to Universal City. The two-story property features six units including 2 two bedroom, two-bath units; 2 one-bedroom, one-bath units; and 2 studio apartments. The 3,250-square-foot property sits on a 4,389 square foot parcel and includes six parking spaces. Retrofitting for the covered parking area has been completed.

Listed by Warren Berzack | BRE #01329015 | Lee & Associates
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
4,389
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR19218631
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 7
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,170
  • Total Rent: $1,170
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,340
  • Total Rent: $1,340
  • Pro Forma/Market Rent: $1,895
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $540
  • Total Rent: $540
  • Pro Forma/Market Rent: $1,495
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $470
  • Total Rent: $470
  • Pro Forma/Market Rent: $1,295
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $540
  • Total Rent: $540
  • Pro Forma/Market Rent: $1,295
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $725
  • Total Rent: $725
  • Pro Forma/Market Rent: $1,495
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.01%
  • Gross Rent Multiplier: 17.49
  • Gross Scheduled Income: $60,050
  • Net Operating Income: $31,629
  • Gross Operating Income: --
  • Vacancy Allowance: $1,201
  • Other Income Description: As of 2/1/2020 monthly $4976
Annual Expense Breakdown
  • Total Operating Expense: $27,220
  • Electric: $500
  • Gas/Fuel: $553
  • Licenses: $407
  • New Taxes: $13,125
  • Trash: $0
  • Gardener: $300
  • Insurance: $2,100
  • Maintenance: $4,875
  • Professional Management: $0
  • Water/Sewer: $4,500
  • Other Expenses: $500
  • Other Expense Description: Misc.

Property Details for 410 Lucas Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: No Landscaping
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5152003016
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of 3rd Street, just west of the 110
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 410 Lucas Ave

Last sold for $1,060,000 on November 5th, 2019

  • November, 2019

  • Nov 5, 2019

    Date

    Sold

    CRMLS: SR19218631

    $1,060,000

    Price

  • Sep 26, 2019

    Date

    Pending

    CRMLS: SR19218631

    $1,050,000

    Price

  • Sep 12, 2019

    Date

    Active

    CRMLS: SR19218631

    $1,050,000

    Price

  • November, 2019

  • Nov 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,060,000

    Price

  • July, 2019

  • Jul 12, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 410 Lucas Ave

Assessed Value (2020): $1,060,780
Year Land Value Improved Value Assessed Value
2020 $800,000 $260,780 $1,060,780

Home Value Compared to the Market

This property vs the competition

410 Lucas Ave sold on October 31, 2019 for 11.76% lower 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 $323.08 per/sqft which puts the price per square foot 57.21% lower than the current median sale per square foot for the city of Los Angeles.

About 410 Lucas Ave

Detailed summary of property

410 Lucas Ave is a multi family that recently sold in Los Angeles, CA 90017. This multi family property offered 6 bedrooms, 8 bathrooms, roughly 3,250 living square feet, and sits on an approximately 4,389 square foot lot. 410 Lucas Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,060,000. 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 11.76% lower than the current median priced home. Local homes that are currently for sale include 800-806 Rosemont Ave, 2138 Santa Ynez St and 1835 W 12th St. While the average home in Los Angeles, CA is selling in 94 days, 410 Lucas Ave has a days on market of 14 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 410 Lucas Ave Los Angeles, CA 90017 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 410 Lucas Ave

Public county record property details
Beds
5
Baths
8
Year built
--
Sq. Ft.
3,250
Lot Size
4,389
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5152-003-016

The source for these homes facts are from public records.

90017 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$639,999
Median List Price/Sq.Ft.
$722
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$478
Total Inventory
96
Median Sale to List Price %
98.54%
Avg Days on Market
55
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 410 Lucas Ave

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410 Witmer St, Los Angeles, CA 90017
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0 Beds
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410 Witmer 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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