419 N Westlake Ave, Los Angeles, CA 90026
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419 N Westlake Ave Los Angeles, CA 90026

$950,000
  • 5 Beds
  • 2 Baths
  • 1,636 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified

Map preview of 419 N Westlake Ave, Los Angeles, CA 90026

Property Overview: 419 N Westlake Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,636 living square feet and 4,422 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: HUGE PRICE REDUCTION!!!!! PRICED TO SELL ...... Discover the versatility and potential of this remarkable duplex, an ideal investment property situated close to the coveted Wilshire Area and Downtown Los Angeles. Nestled in a highly desirable neighborhood, this residence holds the promise of a brilliant future. Whether you choose to live in one unit and rent the other, or expand your rental portfolio, this well-positioned property offers numerous opportunities. The duplex features two units: one with 3 bedrooms and 1 bathroom, and the other with 2 bedrooms and 1 bathroom. Both units provide ample space, making them perfect for growing families or tenants seeking comfortable living arrangements. Conveniently located just a few blocks from a main freeway, this property offers easy access to Hollywood and Downtown Los Angeles, enhancing its appeal for both residents and potential renters. Don't miss out on this incredible opportunity to invest in a property with endless potential in a prime location.

Listed by JOSE EDGARDO RAMIREZ | BRE #02130642 | APA Homes
Last checked: 7 minutes ago | Last updated: September 10th, 2024 | Source CRMLS | DOM: 83

Home details

Lot Sq. Ft
4,422
HOA Dues
$0/mo
Year built
1908
Garage
--
Property Type:
Duplex
Status
Active
MLS#
IV24133223
City
Los Angeles
County
Los Angeles
Time on Site
82 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: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $20,400
  • Net Operating Income: $19,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $360
  • Insurance: $750
  • Water/Sewer: $1,200

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Property Details for 419 N Westlake Ave

Interior Features
Heating Information
  • Has Heating
  • Space Heater
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Kitchen
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
  • Has Fence
  • Block
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 2-5 Units/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: 5157024004
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Location / Neighborhood
Location Information
  • Directions: From the 101 Fwy exit going South , on Temple go East , on Westlake ave go North
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Urban
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Sale History for 419 N Westlake Ave

Last sold for $180,000 on March 5th, 1999
  • June, 2024

  • Jun 28, 2024

    Date

    Active

    CRMLS: IV24133223

    $1,200,000

    Price

  • March, 1999

  • Mar 5, 1999

    Date

    Sold (Public Records)

    Public Records

    $180,000

    Price

  • February, 1999

  • Feb 22, 1999

    Date

    Sold (Public Records)

    Public Records

    $120,000

    Price

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Tax History for 419 N Westlake Ave

Assessed Value (2020): $398,849
Year Land Value Improved Value Assessed Value
2020 $192,273 $206,576 $398,849

Home Value Compared to the Market

This property vs the competition

419 N Westlake Ave is listed 20.83% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $580.68 per/sqft which puts the price per square foot 24.39% lower than the median price per square foot for the city of Los Angeles.

About 419 N Westlake Ave

Detailed summary of property

419 N Westlake Ave is a duplex located in Los Angeles, CA 90026 and is currently for sale. This duplex offers 5 bedrooms, 2 bathrooms, roughly 1,636 living square feet, and sits on an approximately 4,422 square foot lot. 419 N Westlake Ave was first listed on ArdentRealEstateGroup.com on June 29, 2024. The homeowner is currently asking $950,000 and was originally asking $1,200,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.83% lower than the median priced home. Local competing homes currently for sale include 618 N Grand Ave, 1835 W 12th St and 1125 S Lake St. While the average home in Los Angeles, CA is selling in 106 days, 419 N Westlake Ave has a days on market of 83 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 419 N Westlake Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 419 N Westlake Ave

Public county record property details
Beds
3
Baths
2
Year built
1908
Sq. Ft.
1,636
Lot Size
4,448
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
5157-024-004

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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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.