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432 Solano Ave, Los Angeles, CA 90012
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432 Solano Ave Los Angeles, CA 90012

$1,240,000 Sold Price as of 02/09/2022
  • 6 Beds
  • 5 Baths
  • 3,482 Sq.Ft.
Sold
$1,240,000 Sold Price as of 02/09/2022 Refinance Your Mortgage
Map preview of 432 Solano Ave, Los Angeles, CA 90012

Property Overview: 432 Solano Ave Los Angeles, CA has 6 bedrooms, 5 bathrooms, 3,482 living square feet and 5,835 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 432 Solano Ave is a five-unit building with a detached single-family unit in the back of the lot, and a fourplex in the front.

Listed by C. Wolf Baschung | BRE #01369850 | Keller Williams Beverly Hills
Last checked: 8 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,835
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22115495
City
Los Angeles
County
Los Angeles
Time on Site
863 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,296
  • Total Rent: $5,184
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.13
  • Gross Scheduled Income: --
  • Net Operating Income: $55,982
  • Gross Operating Income: $88,285
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 432 Solano Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood, Laminate
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 5
  • Parcel Number: 5414023024
Location / Neighborhood
Location Information
  • Directions: 110 North to Exit 25 & continue to Solano Ave
View more facts & features

Local Los Angeles Agent

Sale History for 432 Solano Ave

Last sold for $1,240,000 on February 9th, 2022

  • February, 2022

  • Feb 9, 2022

    Date

    Sold

    CRMLS: 22115495

    $1,240,000

    Price

  • Jan 4, 2022

    Date

    Active

    CRMLS: 22115495

    $1,195,000

    Price

  • December, 2015

  • Dec 7, 2015

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

  • August, 2015

  • Aug 19, 2015

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

Show More

Tax History for 432 Solano Ave

Assessed Value (2020): $920,066
Year Land Value Improved Value Assessed Value
2020 $541,216 $378,850 $920,066

Home Value Compared to the Market

This property vs the competition

432 Solano Ave sold on February 9, 2022 for 0.42% higher 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 $343.19 per/sqft which puts the price per square foot 54.54% lower than the current median sale per square foot for the city of Los Angeles.

About 432 Solano Ave

Detailed summary of property

432 Solano Ave is a multi family that recently sold in Los Angeles, CA 90012. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 3,482 living square feet, and sits on an approximately 5,835 square foot lot. 432 Solano Ave was first listed on ArdentRealEstateGroup.com on January 4, 2022. The homeowner sold the property for $1,240,000. 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 0.42% higher than the current median priced home. Local homes that are currently for sale include 3441 Maceo St, 1804 Echo Park Ave and 1804 Echo Park Ave. While the average home in Los Angeles, CA is selling in 94 days, 432 Solano Ave has a days on market of 10 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 432 Solano Ave Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 432 Solano Ave

Public county record property details
Beds
6
Baths
5
Year built
--
Sq. Ft.
3,482
Lot Size
5,834
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
27
APN
5414-023-024

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$585
Median Sold Price
$462,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
58
Median Sale to List Price %
92.69%
Avg Days on Market
97
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 432 Solano Ave

422 Casanova St, Los Angeles, CA 90012
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2983 Sq.Ft.
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492 Solano Ave, Los Angeles, CA 90012
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4 Beds
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492 Solano Ave
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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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