509 W Athens Blvd, Los Angeles, CA 90044
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509 W Athens Blvd Los Angeles, CA 90044

$1,200,000 Sold Price as of 08/27/2021
  • 31 Beds
  • 18 Baths
  • 6,245 Sq.Ft.
Sold
$1,200,000 Sold Price as of 08/27/2021 Refinance Your Mortgage

Map preview of 509 W Athens Blvd, Los Angeles, CA 90044

Property Overview: 509 W Athens Blvd Los Angeles, CA has 31 bedrooms, 18 bathrooms, 6,245 living square feet and 14,029 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on the market. Buyer could not perform!! Submit all offers! Awesome investment for the ideal buyer. This well maintained 4 unit gated complex is located in an opportunity zone, (the Athens District) This multi-family property, which sits on over 14,000 sq.ft consists of two 2/bed 1 bath ; one 3/bed 1 bath and one 4/3 bath generously sized with lots of storage, with exterior entrance door to each unit. Each unit has separate gas and electric meters. This is a rare opportunity with endless possibilities, this is a must see!!

Listed by Nolia Chisholm | BRE #01760430 | Nationwide Real Estate Execs
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 108

Home details

Lot Sq. Ft
14,029
HOA Dues
$0/mo
Year built
1949
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21707736
City
Los Angeles
County
Los Angeles
Time on Site
1277 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $762
  • Total Rent: $762
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $762
  • Total Rent: $762
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $4,500
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $27,600
  • Gross Operating Income: $40,500
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 509 W Athens Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Fireplace(s)
Fireplace Information
  • Has Fireplace
  • Living Room, Free Standing
Room Information
  • Flooring: Carpet, Laminate
  • Den, Bonus Room
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Microwave
Interior Features
  • Ceiling Fan(s)
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Automatic Gate, Fire and Smoke Detection System, Window Bars
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Controlled Entrance
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Size Source: Survey
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 6117005013
  • Foundation Details: Raised
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: South on 110 Freeway exit El Segundo, right on Hoover, right on Athens
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Sale History for 509 W Athens Blvd

Last sold for $1,200,000 on August 27th, 2021
  • August, 2021

  • Aug 28, 2021

    Date

    Sold

    CRMLS: 21707736

    $1,200,000

    Price

  • Jul 8, 2021

    Date

    Pending

    CRMLS: 21707736

    $1,600,000

    Price

  • Apr 29, 2021

    Date

    Price Change

    CRMLS: 21707736

    $1,600,000

    Price

  • Mar 31, 2021

    Date

    Active Under Contract

    CRMLS: 21707736

    $1,750,000

    Price

  • Mar 22, 2021

    Date

    Active

    CRMLS: 21707736

    $1,750,000

    Price

  • August, 1997

  • Aug 29, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 509 W Athens Blvd

Assessed Value (2020): $509,375
Year Land Value Improved Value Assessed Value
2020 $91,316 $418,059 $509,375

Home Value Compared to the Market

This property vs the competition

509 W Athens Blvd sold on August 27, 2021 for 42.86% higher 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 $256.2 per/sqft which puts the price per square foot 64.61% lower than the current median sale per square foot for the city of Los Angeles.

About 509 W Athens Blvd

Detailed summary of property

509 W Athens Blvd is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 31 bedrooms, 18 bathrooms, roughly 6,245 living square feet, and sits on an approximately 14,029 square foot lot. 509 W Athens Blvd was first listed on ArdentRealEstateGroup.com on March 22, 2021. The homeowner sold the property for $1,200,000. 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 42.86% higher than the current median priced home. Local homes that are currently for sale include 9004 S San Pedro St, 1568 E 117th Pl and 1459 W 85th St. While the average home in Los Angeles, CA is selling in 106 days, 509 W Athens Blvd has a days on market of 108 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 509 W Athens Blvd Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 509 W Athens Blvd

Public county record property details
Beds
10
Baths
6
Year built
--
Sq. Ft.
6,245
Lot Size
14,029
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
6117-005-013

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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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.