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447 W 69th St, Los Angeles, CA 90003
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447 W 69th St Los Angeles, CA 90003

$510,000 Sold Price as of 04/21/2021
  • 5 Beds
  • 3 Baths
  • 2,412 Sq.Ft.
Sold
$510,000 Sold Price as of 04/21/2021 Refinance Your Mortgage
Map preview of 447 W 69th St, Los Angeles, CA 90003

Property Overview: 447 W 69th St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,412 living square feet and 5,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: DO NOT MISS OUT ON THIS GREAT INVESTMENT PROPERTY, NEAR DOWNTOWN, MINUTES AWAY FROM USC CAMPUS, THE FRONT UNITS HAVE 2 BEDROOMS EACH, 1 BATHROOM EACH, LONG TERM TENANTS SINCE 2006, THE BACK UNIT IS 1 BEDROOM AND 1 BATH. THERE ARE TWO GARAGES DESIGNATED FOR THE TWO FRONT UNITS, CLOSE TO EVERYTHING IN DOWNTOWN LOS ANGELES.

Listed by Eduardo Morales | BRE #01110708 | Berkshire Hathaway H.S.C.P.
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 115

Home details

Lot Sq. Ft
5,250
HOA Dues
$0/mo
Year built
1929
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
PW20224804
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,123
  • Total Rent: $1,123
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,123
  • Total Rent: $1,123
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $788
  • Total Rent: $788
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,408
  • Net Operating Income: $29,158
  • Gross Operating Income: $36,408
Annual Expense Breakdown
  • Total Operating Expense: $7,270
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $243
  • New Taxes: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $1,707
  • Maintenance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $5,280

Property Details for 447 W 69th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Vinyl
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wire
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6013026029
  • Year Built Source: Assessor
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: EAST OF FIGUEROA / NORTH FLORENCE ST
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 447 W 69th St

Last sold for $510,000 on April 21st, 2021

  • August, 2021

  • Aug 27, 2021

    Date

    Active

    CRMLS: WS21186768

    $680,000

    Price

  • Listing provided courtesy of CRMLS

    Great 3-unit investment property located in a high demand rental area and close to restaurants, markets, shopping centers, 110 Freeway, Downtown LA and USC campus. The 2 front units have 2 bedroom, 1 bathroom each with long term tenants since 2006. The back unit is 1 bedroom, 1 bathroom. There is a two-car garage designated for the two front units and another parking space in front of back unit for back unit. All the tenants are month to month and are paying on time, and there is an opportunity for a new investor to achieve higher rents. Individually metered for gas and electricity. This property will be sold as is with existing tenants. The garage can be converted into a potential ADU for additional rental income. Buyer and buyer's agent to verify all square footage, permits, zoning, etc.

  • April, 2021

  • Apr 22, 2021

    Date

    Sold

    CRMLS: PW20224804

    $510,000

    Price

  • Apr 15, 2021

    Date

    Pending

    CRMLS: PW20224804

    $649,900

    Price

  • Mar 15, 2021

    Date

    Active Under Contract

    CRMLS: PW20224804

    $649,900

    Price

  • Nov 20, 2020

    Date

    Active

    CRMLS: PW20224804

    $649,900

    Price

  • June, 2006

  • Jun 9, 2006

    Date

    Sold (Public Records)

    Public Records

    $485,000

    Price

  • March, 2005

  • Mar 25, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,934,545

    Price

Show More

Tax History for 447 W 69th St

Assessed Value (2020): $552,000
Year Land Value Improved Value Assessed Value
2020 $404,000 $148,000 $552,000

Home Value Compared to the Market

This property vs the competition

447 W 69th St sold on April 21, 2021 for 45.39% 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 $269.44 per/sqft which puts the price per square foot 64.31% lower than the current median sale per square foot for the city of Los Angeles.

About 447 W 69th St

Detailed summary of property

447 W 69th St is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 5 bedrooms, 3 bathrooms, roughly 2,412 living square feet, and sits on an approximately 5,250 square foot lot. 447 W 69th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $510,000. 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 45.39% lower than the current median priced home. Local homes that are currently for sale include 623 E 36th St, 1643 E 87th Pl and 411 W 111th St. While the average home in Los Angeles, CA is selling in 94 days, 447 W 69th St has a days on market of 115 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 447 W 69th St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 447 W 69th St

Public county record property details
Beds
3
Baths
3
Year built
1929
Sq. Ft.
2,412
Lot Size
5,249
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
351
APN
6013-026-029

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

Thinking of Selling?

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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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