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514 Rosemont Ave, Los Angeles, CA 90026
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514 Rosemont Ave Los Angeles, CA 90026

$1,325,000 Sold Price as of 11/18/2020
  • 33 Beds
  • 12 Baths
  • 3,950 Sq.Ft.
Sold
$1,325,000 Sold Price as of 11/18/2020 Refinance Your Mortgage
Map preview of 514 Rosemont Ave, Los Angeles, CA 90026

Property Overview: 514 Rosemont Ave Los Angeles, CA has 33 bedrooms, 12 bathrooms, 3,950 living square feet and 5,993 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: WoW! Price Adjustment 9/24/20.!! Welcome to 514-518 Rosemont Ave 90026. First time on the market in over 55 years. This amazing California Craftsman Triplex is a light-fixer with some recent upgrades. Custom built front porch, ample parking and backyard offers a private haven setting with custom patio deck offering stunning views of Downtown LA. Private side entrance to access back units. Property is conveniently located in the thriving and trending Hills of Silver Lake/Echo Park in one of the most sought after and upcoming area of the City that’s got a whole lot of charm and lots of hidden spots to explore. In walking distance to restaurants, cafés and shopping with easy access to public transportation, freeways allowing for a short commute to Downtown LA, Dodger Stadium, Echo Park Lake, Silver Lake Reservoir and Hollywood. Making it an immense opportunity for investors looking to buy and hold for rental income, developers looking to teardown and build (*currently zoned LARD2 and can possibly be re-zoned R3) or owner users looking to live in one unit and rent out the other two. Wow! Endless possibilities! Location Location Location. A must see! For more information please contact the listing agent.

Listed by Enrique Flores Jr. | BRE #01800229 | Pink Tree Realty
Last checked: 11 minutes ago | Last updated: June 8th, 2023 | Source CRMLS | DOM: 61

Home details

Lot Sq. Ft
5,993
HOA Dues
$0/mo
Year built
1918
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
SR20149548
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 11
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 514 Rosemont Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room, See Remarks
Fireplace Information
  • Has Fireplace
  • Dining Room, See Remarks
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Roof: Fire Retardant, Shingle
  • Has Fence
  • Block, See Remarks
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Gentle Sloping, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Peek-A-Boo
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5402040010
  • 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: Bellevue Ave and Rosemont Ave 90026
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 514 Rosemont Ave

Last sold for $1,325,000 on November 18th, 2020

  • June, 2023

  • Jun 8, 2023

    Date

    Canceled

    CRMLS: SR23042339

    $2,000,000

    Price

  • Mar 16, 2023

    Date

    Active

    CRMLS: SR23042339

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    514-518 Rosemont Ave 90026. Meticulously remodeled 1918 California Craftsman Triplex with patio deck offering stunning views of Downtown LA. Conveniently located in the thriving and trending Hills of Silver Lake/Echo Park walking distance to restaurants, café’s, shopping, and easy access to public transportation. The property is gated with a custom rolling gate and pedestrian door entry. Vinyl privacy fencing (high), & ample tandem parking all concrete. All three units have tankless water heaters. Each unit separately metered for power and gas and each have their own laundry. All appliances are included in the sale (refrigerators, stoves, washers, & dryers). The electrical service was upgraded as part of the restoration approximately one year ago and recessed lighting. Unit 514 (front) 2 bed 2.5 bath. Double master set up. Approximately one-year new windows, plumbing, central heating and air-conditioning, electrical, solid core doors maple two panel doors, refinishes hardwood flooring, new kitchen, fireplace. Crown molding, bathrooms have custom tile work. New deck 516 (bottom) 1 + 1 double doors out to private patio area. Mini split heat and air system New windows approximately one year ago and doors and kitchen & bathroom remodel. 518 (Back house) 4 bed 3 bath Approx 1,900 Sqft Approximately one-year new windows, plumbing, & central heating and air-conditioning (dual zone). One downstairs bedroom and bath and 3 bed 2 baths up. Views from the master bedroom, & star gazing view deck.

  • November, 2020

  • Nov 18, 2020

    Date

    Sold

    CRMLS: SR20149548

    $1,325,000

    Price

  • Sep 30, 2020

    Date

    Pending

    CRMLS: SR20149548

    $1,375,000

    Price

  • Sep 24, 2020

    Date

    Price Change

    CRMLS: SR20149548

    $1,375,000

    Price

  • Sep 24, 2020

    Date

    Price Change

    CRMLS: SR20149548

    $137,500

    Price

  • Aug 28, 2020

    Date

    Price Change

    CRMLS: SR20149548

    $1,450,000

    Price

  • Jul 29, 2020

    Date

    Active

    CRMLS: SR20149548

    $1,599,999

    Price

  • Jul 29, 2020

    Date

    Price Change

    CRMLS: SR20149548

    $1,599,999

    Price

  • Jul 27, 2020

    Date

    Coming Soon

    CRMLS: SR20149548

    $1,750,000

    Price

  • November, 2020

  • Nov 18, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,325,000

    Price

  • August, 2011

  • Aug 3, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 514 Rosemont Ave

Assessed Value (2020): $57,116
Year Land Value Improved Value Assessed Value
2020 $22,160 $34,956 $57,116

Home Value Compared to the Market

This property vs the competition

514 Rosemont Ave sold on November 18, 2020 for 22.77% 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 $348.1 per/sqft which puts the price per square foot 51.92% lower than the current median sale per square foot for the city of Los Angeles.

About 514 Rosemont Ave

Detailed summary of property

514 Rosemont Ave is a triplex that recently sold in Los Angeles, CA 90026. This triplex offered 33 bedrooms, 12 bathrooms, roughly 3,950 living square feet, and sits on an approximately 5,993 square foot lot. 514 Rosemont Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,325,000. 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 22.77% higher than the current median priced home. Local homes that are currently for sale include 220 S Bonnie Brae St, 2849 Council St and 811 N Vendome St. While the average home in Los Angeles, CA is selling in 106 days, 514 Rosemont Ave has a days on market of 61 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 514 Rosemont Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 514 Rosemont Ave

Public county record property details
Beds
11
Baths
4
Year built
--
Sq. Ft.
3,950
Lot Size
5,999
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5402-040-010

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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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