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416 N Marianna Ave, Los Angeles, CA 90063
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416 N Marianna Ave Los Angeles, CA 90063

$740,000 Sold Price as of 01/28/2022
  • 5 Beds
  • 5 Baths
  • 2,309 Sq.Ft.
Sold
$740,000 Sold Price as of 01/28/2022 Refinance Your Mortgage
Map preview of 416 N Marianna Ave, Los Angeles, CA 90063

Property Overview: 416 N Marianna Ave Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,309 living square feet and 5,335 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent location for this rental property. Located near freeway access and public transportation including schools and shopping. The property is in good condition but it does need some cosmetic repairs. This property investment is running a good return for investment at 5.44%. Call for any further questions. The cap rate after new expenses and taxes is at 5.44% Excellent opportunity to own your own investment property. Become a landlord. This property is has a good location with positive cash flow to the current owner. Take advantage of the low interest rates available for lending. 100% occupancy on the property. We can do a full Cash Flow Analysis for you.

Listed by Luis Carrion | BRE #01704180 | Coldwell Banker Alliance
Last checked: 13 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 891

Home details

Lot Sq. Ft
5,335
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW19194754
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,250
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $650
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $650
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $925
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $950
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.67%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $53,100
  • Net Operating Income: $34,515
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --
  • Trash: $600
  • Insurance: $600

Property Details for 416 N Marianna Ave

Interior Features
Laundry Information
  • Community
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 5234003017
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Eastern and Cesar Chavez
View more facts & features

Local Los Angeles Agent

Sale History for 416 N Marianna Ave

Last sold for $740,000 on January 28th, 2022

  • January, 2022

  • Jan 26, 2022

    Date

    Pending

    CRMLS: PW19194754

    $730,000

    Price

  • Sep 10, 2019

    Date

    Price Change

    CRMLS: PW19194754

    $730,000

    Price

  • Aug 14, 2019

    Date

    Active

    CRMLS: PW19194754

    $775,000

    Price

  • July, 2021

  • Jul 26, 2021

    Date

    Leased

    CRMLS: PW21134724

    $1,150

    Price

  • Jul 9, 2021

    Date

    Pending

    CRMLS: PW21134724

    $1,150

    Price

  • Jun 23, 2021

    Date

    Hold

    CRMLS: PW21134724

    $1,150

    Price

  • Jun 21, 2021

    Date

    Active

    CRMLS: PW21134724

    $1,150

    Price

  • Listing provided courtesy of CRMLS

    Very cute upstairs unit. Small one bed one bath with newer paint and floor. Right across the street from Esteban E. Torres High School.

  • September, 2020

  • Sep 22, 2020

    Date

    Leased

    CRMLS: PW20176908

    $1,075

    Price

  • Sep 15, 2020

    Date

    Hold

    CRMLS: PW20176908

    $1,075

    Price

  • Sep 8, 2020

    Date

    Active

    CRMLS: PW20176908

    $1,075

    Price

  • Aug 31, 2020

    Date

    Hold

    CRMLS: PW20176908

    $1,075

    Price

  • Aug 27, 2020

    Date

    Active

    CRMLS: PW20176908

    $1,075

    Price

  • Listing provided courtesy of CRMLS

    Cute little one bedroom one bathroom upstairs apartment. Newly painted with laminate floor. Very convenient area to, freeways, shops, schools, etc.

  • March, 2020

  • Mar 5, 2020

    Date

    Leased

    CRMLS: PW20044012

    $950

    Price

  • Feb 28, 2020

    Date

    Active

    CRMLS: PW20044012

    $950

    Price

  • Listing provided courtesy of CRMLS

    Nice street level one bed one bath unit, newly renovated, nice yard. Right across from Esteban E. Torres High School.

  • February, 2013

  • Feb 6, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 416 N Marianna Ave

Assessed Value (2020): $48,588
Year Land Value Improved Value Assessed Value
2020 $22,160 $26,428 $48,588

Home Value Compared to the Market

This property vs the competition

416 N Marianna Ave sold on January 28, 2022 for 38.66% 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 $316.15 per/sqft which puts the price per square foot 58.13% lower than the current median sale per square foot for the city of Los Angeles.

About 416 N Marianna Ave

Detailed summary of property

416 N Marianna Ave is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 2,309 living square feet, and sits on an approximately 5,335 square foot lot. 416 N Marianna Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $740,000. 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 38.66% lower than the current median priced home. Local homes that are currently for sale include 246 S De Lacey Ave #104C, 2582 W Pico Blvd and 11111 Wilmington Ave. While the average home in Los Angeles, CA is selling in 93 days, 416 N Marianna Ave has a days on market of 891 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 416 N Marianna Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 416 N Marianna Ave

Public county record property details
Beds
5
Baths
5
Year built
1913
Sq. Ft.
2,306
Lot Size
5,335
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5234-003-017

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
29
Median Sale to List Price %
90.57%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (28.57%)

Thinking of Selling?

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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.

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