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448 Solano Ave, Los Angeles, CA 90012
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448 Solano Ave Los Angeles, CA 90012

$850,000
  • 7 Beds
  • 5.5 Baths
  • 3,216 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified
Map preview of 448 Solano Ave, Los Angeles, CA 90012

Property Overview: 448 Solano Ave Los Angeles, CA has 7 bedrooms, 5.5 bathrooms, 3,216 living square feet and 5,836 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Price Reduced!!! Another 5 Units Listing - 5211 Huntington Drive, Los Angeles is For Sale By Sale Sellers. 3 Separate Buildings Total 4 Units. Front Building Is 2-Story Duplex, (448 & 450) has 2 Bed Rooms & 1.5 Bath each. Middle Building (448 1/2) Has 1 Bed Room 1 Bath. Rear Unit (450 1/2) Has 2 Bed Rooms 1 Bath. Existing Rental Income below market due to Senior Owner Never Adjusted Rent Accordingly. Front Unit #448 was Owner Occupied. Offer Subject to Inspection.

Listed by JAMES WANG | BRE #00851048 | WANGS INVESTMENT GROUP
Last checked: 12 minutes ago | Last updated: April 18th, 2024 | Source CRMLS | DOM: 135
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Home details

Lot Sq. Ft
5,836
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Apartment
Status
Active
MLS#
WS23222264
City
Los Angeles
County
Los Angeles
Time on Site
145 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $859
  • Total Rent: $859
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: $850
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,809
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 448 Solano Ave

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Property Details for 448 Solano Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5414023021
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Broadway and Solano Avenue
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 448 Solano Ave

Last sold on October 11th, 2016

  • December, 2023

  • Dec 8, 2023

    Date

    Active

    CRMLS: WS23222264

    $1,200,000

    Price

  • October, 2016

  • Oct 11, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 448 Solano Ave

Assessed Value (2020): $87,820
Year Land Value Improved Value Assessed Value
2020 $47,948 $39,872 $87,820

Home Value Compared to the Market

This property vs the competition

448 Solano Ave is listed 31.23% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $264.3 per/sqft which puts the price per square foot 65.81% lower than the median price per square foot for the city of Los Angeles.

About 448 Solano Ave

Detailed summary of property

448 Solano Ave is a apartment located in Los Angeles, CA 90012 and is currently for sale. This apartment offers 7 bedrooms, 5.5 bathrooms, roughly 3,216 living square feet, and sits on an approximately 5,836 square foot lot. 448 Solano Ave was first listed on ArdentRealEstateGroup.com on December 8, 2023. The homeowner is currently asking $850,000 and was originally asking $1,200,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 31.23% lower than the median priced home. Local competing homes currently for sale include 2719 Alta St, 114 Vicente Fernandez St and 2105 Keith St. While the average home in Los Angeles, CA is selling in 96 days, 448 Solano Ave has a days on market of 135 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 448 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 448 Solano Ave

Public county record property details
Beds
6
Baths
3
Year built
--
Sq. Ft.
3,216
Lot Size
5,835
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5414-023-021

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
$595,000
Median List Price/Sq.Ft.
$587
Median Sold Price
$462,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
50
Median Sale to List Price %
92.69%
Avg Days on Market
97
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Recently Sold Homes Near 448 Solano Ave

432 Solano Ave, Los Angeles, CA 90012
$1,240,000 Last Sold Price
6 Beds
5 Baths
3482 Sq.Ft.
432 Solano Ave
Los Angeles, CA 90012
466 Solano Ave, Los Angeles, CA 90012
$810,000 Last Sold Price
7 Beds
3 Baths
2983 Sq.Ft.
466 Solano Ave
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448 Casanova St, Los Angeles, CA 90012
$1,080,000 Last Sold Price
8 Beds
7 Baths
4235 Sq.Ft.
448 Casanova St
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422 Casanova St, Los Angeles, CA 90012
$1,250,000 Last Sold Price
7 Beds
3 Baths
2956 Sq.Ft.
422 Casanova St
Los Angeles, CA 90012

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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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