431 N Hicks Ave, Los Angeles, CA 90063
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431 N Hicks Ave Los Angeles, CA 90063

$710,000 Sold Price as of 12/03/2021
  • 5 Beds
  • 4 Baths
  • 2,011 Sq.Ft.
Sold
$710,000 Sold Price as of 12/03/2021 Refinance Your Mortgage

Map preview of 431 N Hicks Ave, Los Angeles, CA 90063

Property Overview: 431 N Hicks Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,011 living square feet and 6,661 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: #LaCounty#Duplex#Boyle Heights 2 Homes on 1 Large Lot #duplex boast 2011 square feet of Living space and Totals 5 bedrooms plus Den, 3.75 baths plus 1 car garage ! Currently used as 3 separate homes located in Los Angeles County and zoned LCR2. Front House is a 3 bedroom plus Den and 2.75 bath divided in the following way : Front part is a 3 bedroom 1.75 bath . Rear of front house is a Permitted DEN that is being used as a "single: 1 bedroom 1 bath w/ Kitchenette and bathroom. Property features Copper plumbing, new water line and solar panel paid in FULL. 2nd House Detached at Rear is a 2 bedroom 1bath 1 car garage with newer roofs on house and garage . Rear of front house (Single being used as Single 1 bedroom 1bath ) can be delivered VACANT at buyers expense prior to the close of escrow. Location is prime !! 10 to 15min from Down Town LA, a skip and a hop from El Mercadito ,East LA, Metro and Wellington Heights ,60 ,5 and 10 freeway Attention: Rent is Low at $2700 versus what sellers contracts reflect with tenants which is $4,550! Seller has started eviction process on each Call me for more info

Listed by JOSIE SAN LUCAS | BRE #01308257 | CENTURY 21 REALTY MASTERS
Last checked: 1 minute ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 81

Home details

Lot Sq. Ft
6,661
HOA Dues
$0/mo
Year built
1908
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
MB21163500
City
Los Angeles
County
Los Angeles
Time on Site
1151 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $3,242
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $2,057
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $45,600
  • Net Operating Income: $44,520
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $1,080
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,375
  • Trash: $40
  • Insurance: $900
  • Water/Sewer: $50

Property Details for 431 N Hicks Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned, Driveway - Combination, Garage, Uncovered
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5232002009
  • Year Built Source: Assessor
  • Foundation Details: Combination
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: From N. Lorena st hang right on E. Cesar Chavez ave then left on N. Hicks ave
Neighborhood Information
  • Community Features: Curbs, Urban
View more facts & features

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Sale History for 431 N Hicks Ave

Last sold for $710,000 on December 3rd, 2021
  • October, 2021

  • Oct 27, 2021

    Date

    Pending

    CRMLS: MB21163500

    $750,000

    Price

  • Sep 24, 2021

    Date

    Pending

    CRMLS: MB21163500

    $750,000

    Price

  • Jul 26, 2021

    Date

    Active

    CRMLS: MB21163500

    $750,000

    Price

  • June, 1995

  • Jun 2, 1995

    Date

    Sold (Public Records)

    Public Records

    $105,000

    Price

  • June, 1995

  • Jun 2, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 431 N Hicks Ave

Assessed Value (2020): $282,122
Year Land Value Improved Value Assessed Value
2020 $125,162 $156,960 $282,122

Home Value Compared to the Market

This property vs the competition

431 N Hicks Ave sold on December 3, 2021 for 34.38% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $365.49 per/sqft which puts the price per square foot 49.52% lower than the current median sale per square foot for the city of Los Angeles.

About 431 N Hicks Ave

Detailed summary of property

431 N Hicks Ave is a duplex that recently sold in Los Angeles, CA 90063. This duplex offered 5 bedrooms, 4 bathrooms, roughly 2,011 living square feet, and sits on an approximately 6,661 square foot lot. 431 N Hicks Ave was first listed on ArdentRealEstateGroup.com on July 26, 2021. The homeowner sold the property for $710,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.38% lower than the current median priced home. Local homes that are currently for sale include 2316 Barlow St, 4524 Hammel St and 518 S Soto St. While the average home in Los Angeles, CA is selling in 106 days, 431 N Hicks Ave has a days on market of 81 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 431 N Hicks 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 431 N Hicks Ave

Public county record property details
Beds
4
Baths
2
Year built
1908
Sq. Ft.
2,011
Lot Size
6,660
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
8
APN
5232-002-009

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
$675,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
42
Median Sale to List Price %
100.17%
Avg Days on Market
57
Loan Type
Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

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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.