437 S Avenue 20, Los Angeles, CA 90031
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437 S Avenue 20 Los Angeles, CA 90031

$663,000 Sold Price as of 06/18/2021
  • 5 Beds
  • 2 Baths
  • -- Sq.Ft.
Sold
$663,000 Sold Price as of 06/18/2021 Refinance Your Mortgage

Map preview of 437 S Avenue 20, Los Angeles, CA 90031

Property Overview: 437 S Avenue 20 Los Angeles, CA has 5 bedrooms, 2 bathrooms, -- living square feet and 4,474 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Please call Alan Friedman at 626.354.3740 with any questions. Owned by the same family for over 65 years! The three bedroom, one bathroom unit is owner occupied and will be vacant at close of escrow. The two bedroom, one bath unit is tenant occupied at $550 per month and is subject to rent control regulations. Tenant to remain after close of escrow (see private remarks). Exterior of both houses recently painted along with interior of larger house. Both houses have upgraded electrical. The three bedroom house has a nice sized living room and dining room, newer laminate flooring in kitchen, bedrooms and bathroom. Updated kitchen with tile countertops, ceiling fan and newer range hood. Full bath with tiled shower over tub and countertops. Both houses have front porches and laundry hook-ups. Lot is fully fenced with a wrought-iron gate in front. Two car exterior tandem parking for larger home and three-car exterior tandem parking for smaller home.

Listed by Alan Friedman | BRE #00931498 | Kotai Realty
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
4,474
HOA Dues
$0/mo
Year built
1901
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
P1-4454
City
Los Angeles
County
Los Angeles
Time on Site
1225 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: 0
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Actual Rent: $550
  • Total Rent: $550
  • Pro Forma/Market Rent: $550
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 3
  • Garaged Attached? No
  • Total Rent: $550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $35,000
  • Net Operating Income: $20,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,000
  • New Taxes: $8,125
  • Trash: $1,500
  • Insurance: $1,500

Property Details for 437 S Avenue 20

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Ceiling Fan(s), Tile Counters
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway Level, Tandem Uncovered
Lot Information
  • Lot Features: Sprinklers None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5410020030
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: North of Main, South of Broadway. West of 5 Freeway off Main.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 437 S Avenue 20

Last sold for $663,000 on June 18th, 2021
  • June, 2021

  • Jun 19, 2021

    Date

    Sold

    CRMLS: P1-4454

    $663,000

    Price

  • May 14, 2021

    Date

    Active Under Contract

    CRMLS: P1-4454

    $649,000

    Price

  • Apr 28, 2021

    Date

    Active

    CRMLS: P1-4454

    $649,000

    Price

  • August, 2020

  • Aug 19, 2020

    Date

    Canceled

    CRMLS: P0-820000974

    $649,000

    Price

  • Aug 2, 2020

    Date

    Active Under Contract

    CRMLS: P0-820000974

    $649,000

    Price

  • Jul 15, 2020

    Date

    Active

    CRMLS: P0-820000974

    $649,000

    Price

  • Mar 30, 2020

    Date

    Hold

    CRMLS: P0-820000974

    $649,000

    Price

  • Mar 9, 2020

    Date

    Active

    CRMLS: P0-820000974

    $649,000

    Price

  • Listing provided courtesy of CRMLS

    First time on the market in 65 years!!! The three bedroom, one bath unit is owner occupied and will be vacated. The two bedroom, one bath unit is tenant occupied by a relative at $550 per month and will be subject to rent control regulations. Tenant to remain after close of escrow.Exterior of both houses painted recently along with interior of larger house. Both houses have upgraded electrical. Larger house has nice-sized living room and dining room, newer laminate flooring in kitchen, one bedroom, and bathroom and updated kitchen with tile countertops and ceiling fan and newer hood over range. Full bath with tiled shower over tub and counter. Both houses have front porches and laundry hook-ups. Lot is fully fenced with a wrought-iron gate in front. Two- car exterior tandem parking for each home.

  • August, 2020

  • Aug 19, 2020

    Date

    Canceled

    CRMLS: P0-820000975

    $649,000

    Price

  • Jul 28, 2020

    Date

    Active Under Contract

    CRMLS: P0-820000975

    $649,000

    Price

  • Jul 15, 2020

    Date

    Active

    CRMLS: P0-820000975

    $649,000

    Price

  • Mar 23, 2020

    Date

    Hold

    CRMLS: P0-820000975

    $649,000

    Price

  • Mar 9, 2020

    Date

    Active

    CRMLS: P0-820000975

    $649,000

    Price

  • Listing provided courtesy of CRMLS

    First time on the market in 65 years!!! The three bedroom, one bath unit is owner occupied and will be vacated. The two bedroom, one bath unit is tenant occupied by a relative, currently paying $550 per month, and will be subject to rent control regulations. Exterior of both houses painted recently along with interior of larger house. Both houses have upgraded electrical. Larger house has nice-sized living room and dining room, newer laminate flooring in kitchen, one bedroom, and bathroom and updated kitchen with tile countertops and ceiling fan and newer hood over range. Full bath with tiled shower over tub and counter. Both houses have front porches and laundry hook-ups. Lot is fully fenced with a wrought-iron gate in front. Two- car exterior tandem parking for each home.

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Tax History for 437 S Avenue 20

Assessed Value (2020): $27,734
Year Land Value Improved Value Assessed Value
2020 $16,105 $11,629 $27,734

Home Value Compared to the Market

This property vs the competition

437 S Avenue 20 sold on June 18, 2021 for 42.05% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 437 S Avenue 20

Detailed summary of property

437 S Avenue 20 is a duplex that recently sold in Los Angeles, CA 90031. This duplex offered 5 bedrooms, 2 bathrooms, roughly -- living square feet, and sits on an approximately 4,474 square foot lot. 437 S Avenue 20 was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $663,000. 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 42.05% lower than the current median priced home. Local homes that are currently for sale include 322 N Townsend Ave, 1160 S Dacotah St and 5316 Ithaca Ave. While the average home in Los Angeles, CA is selling in 106 days, 437 S Avenue 20 has a days on market of 15 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 437 S Avenue 20 Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 437 S Avenue 20

Public county record property details
Beds
4
Baths
2
Year built
1901
Sq. Ft.
1,740
Lot Size
4,474
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5410-020-030

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$628
Total Inventory
38
Median Sale to List Price %
99.64%
Avg Days on Market
42
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.