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475 N Concord St, Los Angeles, CA 90063
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475 N Concord St Los Angeles, CA 90063

$899,000 Sold Price as of 10/30/2023
  • 8 Beds
  • 5 Baths
  • 2,365 Sq.Ft.
Sold
$899,000 Sold Price as of 10/30/2023 Refinance Your Mortgage
Map preview of 475 N Concord St, Los Angeles, CA 90063

Property Overview: 475 N Concord St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 2,365 living square feet and 4,639 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Very pleased to present this income-producing property. Both units will be delivered vacant at the close of escrow. Great views in a sought after Boyle heights and borderline with City Terrace. A few miles away from wonderful DTLA. This duplex is oozing with lots of charm and curb appeal. Both units offer plenty of living space, lots of natural bright light throughout, private backyard perfect for all your entertaining. This beautiful duplex are close to LA, the Arts District, Cal-State LA, freeways, and walking distance to transportation & schools! These beautiful Spanish style Duplex are ideal for the long term investment that is worth the wait in finding this gem. The property is currently being used as 3 units which was added inside of the bottom unit square footage. Do not miss this opportunity to buy a property with a lot of lucrative income potential.

Listed by Esthela Macias | BRE #01455611 | Century 21 Realty Masters
Last checked: 6 minutes ago | Last updated: October 31st, 2023 | Source CRMLS | DOM: 330

Home details

Lot Sq. Ft
4,639
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW22215389
City
Los Angeles
County
Los Angeles
Time on Site
716 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1,500
  • Net Operating Income: $1,100
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $440
  • Electric: $120
  • Gas/Fuel: $45
  • Trash: $50
  • Insurance: $125
  • Water/Sewer: $100

Property Details for 475 N Concord St

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Steep Slope
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 2
  • Parcel Number: 5178024040
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: A Block away from Cesar Chavez, half a block from Folsom St.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 475 N Concord St

Last sold for $899,000 on October 30th, 2023

  • October, 2023

  • Oct 30, 2023

    Date

    Sold

    CRMLS: DW22215389

    $899,000

    Price

  • Oct 4, 2022

    Date

    Active

    CRMLS: DW22215389

    $1,050,000

    Price

  • January, 2020

  • Jan 14, 2020

    Date

    Canceled

    CRMLS: DW19226558

    $750,000

    Price

  • Nov 25, 2019

    Date

    Active Under Contract

    CRMLS: DW19226558

    $750,000

    Price

  • Oct 21, 2019

    Date

    Price Change

    CRMLS: DW19226558

    $750,000

    Price

  • Sep 23, 2019

    Date

    Active

    CRMLS: DW19226558

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    This 3 unit investment property is centrally located near but not too close to the freeway. Perfect location for commuters. Roof and foundation have been updated. The property has a long driveway making it perfect for tenants. The top unit has an amazing view of Los Angeles and all its charm. Must see to appreciate the true potential.

  • September, 2019

  • Sep 17, 2019

    Date

    Expired

    CRMLS: PW18229403

    $750,000

    Price

  • Oct 7, 2018

    Date

    Price Change

    CRMLS: PW18229403

    $750,000

    Price

  • Sep 20, 2018

    Date

    Active

    CRMLS: PW18229403

    $850,000

    Price

  • Sep 20, 2018

    Date

    Hold

    CRMLS: PW18229403

    $850,000

    Price

  • Sep 20, 2018

    Date

    Active

    CRMLS: PW18229403

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment property/Duplex 2 Bed/1 Bath each. There is a permitted addition of 3 Bed/2 Bath which makes this duplex more desirable. There is a total of 5 bedrooms/3 Bath downstairs. Owner lives on the property. 2 separate gas meters, 2 electric meters. Quiet neighborhood, plenty of parking, great central location.

  • November, 1996

  • Nov 21, 1996

    Date

    Sold (Public Records)

    Public Records

    $79,000

    Price

  • May, 1996

  • May 21, 1996

    Date

    Sold (Public Records)

    Public Records

    $500

    Price

Show More

Tax History for 475 N Concord St

Assessed Value (2020): $369,955
Year Land Value Improved Value Assessed Value
2020 $156,357 $213,598 $369,955

Home Value Compared to the Market

This property vs the competition

475 N Concord St sold on October 30, 2023 for 11.61% 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 $418.6 per/sqft which puts the price per square foot 42.18% lower than the current median sale per square foot for the city of Los Angeles.

About 475 N Concord St

Detailed summary of property

475 N Concord St is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 2,365 living square feet, and sits on an approximately 4,639 square foot lot. 475 N Concord St was first listed on ArdentRealEstateGroup.com on October 4, 2022. The homeowner sold the property for $899,000. 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 11.61% lower than the current median priced home. Local homes that are currently for sale include 818 N Fickett, 818 N Fickett and 2641 Pomeroy Ave. While the average home in Los Angeles, CA is selling in 106 days, 475 N Concord St has a days on market of 330 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 475 N Concord St 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 475 N Concord St

Public county record property details
Beds
6
Baths
3
Year built
1926
Sq. Ft.
2,365
Lot Size
4,639
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
90
APN
5178-024-040

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%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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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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