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431 Amalia Ave, Los Angeles, CA 90022
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431 Amalia Ave Los Angeles, CA 90022

$800,000 Sold Price as of 09/30/2020
  • 4 Beds
  • 4 Baths
  • 2,869 Sq.Ft.
Sold
$800,000 Sold Price as of 09/30/2020 Refinance Your Mortgage
Map preview of 431 Amalia Ave, Los Angeles, CA 90022

Property Overview: 431 Amalia Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,869 living square feet and 4,975 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Conveniently located, this cozy quadruplex has two separated buildings. Front building is a one-story, 1 bedroom and 1 bathroom house. Rear building consists of three 1 bedroom and 1 bathroom units on two-story setting. Rear three units have been recently renovated with new kitchen, bathroom and floors, creating a warm and worry-free living arrangement. The rear units are rented at $1,500/month each unit, and with some renovation, the currently owner occupied front house has market rent of $2,000. There are also 4 individual garages to accommodate each unit. Close to 60 & 710 highways, East Los Angeles College, schools and shoppings, the is an ideal property for owner occupied rental or an investment property with great return.

Listed by KELLY JIANG | BRE #01939122 | RE/MAX ADVANCED REALTY
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 77

Home details

Lot Sq. Ft
4,975
HOA Dues
$0/mo
Year built
1959
Garage
3 Car
Property Type:
Duplex
Status
Sold
MLS#
WS20115692
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $6,500
  • Net Operating Income: $5,700
  • Gross Operating Income: --
  • Laundry Own/Lease: Own
Annual Expense Breakdown
  • Total Operating Expense: $300
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $1,200
  • Trash: $30
  • Insurance: $0
  • Water/Sewer: $70

Property Details for 431 Amalia Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Kitchen, Living Room, Main Floor Bedroom, Master Suite, Sun, Utility Room
Kitchen Information
  • Has Appliances
  • Water Heater Central
Interior Features
  • Balcony, Ceiling Fan(s), Storage, Tile Counters
  • Levels: One, Two
  • Window Features: Blinds
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting
  • Has Fence
  • Good Condition
  • Other Structures: Second Garage Detached, Two On A Lot
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway Up Slope From Street, Garage, Garage Faces Rear
Lot Information
  • Lot Features: 2-5 Units/Acre, Front Yard, Garden, Walkstreet, Yard
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6341008013
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Stone
  • Property is Attached
  • Property Condition: Termite Clearance
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
Location / Neighborhood
Location Information
  • Directions: E Beverly Blvd / S Atlantic Blvd. South on Atlantic, Left on 4th, Right on Amalia
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 431 Amalia Ave

Last sold for $800,000 on September 30th, 2020

  • September, 2020

  • Sep 30, 2020

    Date

    Sold

    CRMLS: WS20115692

    $800,000

    Price

  • Sep 1, 2020

    Date

    Pending

    CRMLS: WS20115692

    $990,000

    Price

  • Jun 26, 2020

    Date

    Price Change

    CRMLS: WS20115692

    $990,000

    Price

  • Jun 16, 2020

    Date

    Active

    CRMLS: WS20115692

    $1,049,000

    Price

  • September, 2020

  • Sep 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

Show More

Tax History for 431 Amalia Ave

Assessed Value (2020): $96,790
Year Land Value Improved Value Assessed Value
2020 $26,871 $69,919 $96,790

Home Value Compared to the Market

This property vs the competition

431 Amalia Ave sold on September 30, 2020 for 16.81% 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 $345.07 per/sqft which puts the price per square foot 54.3% lower than the current median sale per square foot for the city of Los Angeles.

About 431 Amalia Ave

Detailed summary of property

431 Amalia Ave is a duplex that recently sold in Los Angeles, CA 90022. This duplex offered 4 bedrooms, 4 bathrooms, roughly 2,869 living square feet, and sits on an approximately 4,975 square foot lot. 431 Amalia Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $800,000. 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 16.81% lower than the current median priced home. Local homes that are currently for sale include 1229 S Indiana St, 923 N Alma Ave and 3149 Fairmount St. While the average home in Los Angeles, CA is selling in 92 days, 431 Amalia Ave has a days on market of 77 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 431 Amalia Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 431 Amalia Ave

Public county record property details
Beds
4
Baths
3
Year built
1959
Sq. Ft.
2,869
Lot Size
4,974
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
6341-008-013

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
20
Median Sale to List Price %
101%
Avg Days on Market
17
Loan Type
Conventional (25%), FHA (25%), VA (0%), Cash (25%), Other (0%)

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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