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528 S Avenue 19, Los Angeles, CA 90031
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528 S Avenue 19 Los Angeles, CA 90031

$1,200,000 Sold Price as of 04/29/2020
  • 42 Beds
  • 15 Baths
  • 3,696 Sq.Ft.
Sold
$1,200,000 Sold Price as of 04/29/2020 Refinance Your Mortgage
Map preview of 528 S Avenue 19, Los Angeles, CA 90031

Property Overview: 528 S Avenue 19 Los Angeles, CA has 42 bedrooms, 15 bathrooms, 3,696 living square feet and 3,292 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Huge income opportunity in Lincoln Heights, one of the oldest and hottest LA neighborhoods. Shows legally as three units total. Owner in last 18 months: Painted inside/outside, New Windows, Rewired entire front house w/3 New Electric Meters, Fully Renovated Kitchen, Installed New Flooring, Total Reno of Unit A 1 bed/1 bath Floors/Kitchen/Bath/Electric/Plumbing/Fixtures, brought building up to City Code. Owner Re-branded & Repopulated Entire Building to Market Value. The LA Times described Lincoln Heights as “just a mile and a half from downtown and has its own walkable commercial district on Broadway. The views from its hillsides at night rival much wealthier perches in the Hollywood Hills or Mount Washington.”

Listed by Steven Mueller | BRE #01831506 | Broadmoor Realty, Inc.
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
3,292
HOA Dues
$0/mo
Year built
1897
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW20034109
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 14
  • # of Baths: 5
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,950
  • Total Rent: $10,950
  • Pro Forma/Market Rent: $11,025
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $131,400
  • Net Operating Income: $114,300
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,100
  • Electric: $3,840
  • Gas/Fuel: $1,495
  • New Taxes: $15,000
  • Trash: $1,200
  • Insurance: $2,560
  • Water/Sewer: $2,850

Property Details for 528 S Avenue 19

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: No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5410018003
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: N. Main Street and South of 5 FRWY
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 528 S Avenue 19

Last sold for $1,200,000 on April 29th, 2020

  • April, 2020

  • Apr 30, 2020

    Date

    Sold

    CRMLS: PW20034109

    $1,200,000

    Price

  • Mar 12, 2020

    Date

    Pending

    CRMLS: PW20034109

    $1,249,900

    Price

  • Feb 15, 2020

    Date

    Active

    CRMLS: PW20034109

    $1,249,900

    Price

  • April, 2020

  • Apr 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

  • February, 2020

  • Feb 15, 2020

    Date

    Expired

    CRMLS: PW20033990

    $1,249,900

    Price

  • Feb 15, 2020

    Date

    Active

    CRMLS: PW20033990

    $1,249,900

    Price

  • Listing provided courtesy of CRMLS

  • October, 2019

  • Oct 1, 2019

    Date

    Expired

    CRMLS: PW19057571

    $1,250,000

    Price

  • Apr 4, 2019

    Date

    Withdrawn

    CRMLS: PW19057571

    $1,250,000

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: PW19057571

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    Huge income opportunity in Lincoln Heights, one of the oldest and hottest LA neighborhoods. ELEVEN INCOME UNITS, consisting of two large one bedroom apartments with high ceilings, plus a rooming house with nine active rooms, two bathrooms, a shower room, and a kitchen area. Shows legally as three units total. There are also four additional available rooms that need TLC, but if able to be rented, would increase the income significantly. Owner in last 18 months: Painted inside/outside, New Windows, Rewired entire front house w/3 New Electric Meters, Fully Renovated Kitchen, Installed New Flooring, Total Reno of Unit A 1 bed/1 bth Floors/Kitchen/Bath/Electric/Plumbing/Fixtures, brought building up to City Code. Owner Re-branded & Repopulated Entire Building to Market Value. The LA Times described Lincoln Heights as “just a mile and a half from downtown and has its own walkable commercial district on Broadway. The views from its hillsides at night rival much wealthier perches in the Hollywood Hills or Mount Washington.”

  • September, 2017

  • Sep 1, 2017

    Date

    Sold

    CRMLS: P0-817000325

    $630,500

    Price

  • Jul 12, 2017

    Date

    Pending

    CRMLS: P0-817000325

    $649,000

    Price

  • Jun 20, 2017

    Date

    Active

    CRMLS: P0-817000325

    $649,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity to own in one of LA's hottest neighborhoods, Lincoln Heights. Good in-place income/cash flow + future upside in rents + value add potential. Minutes to vibrant DTLA, Chinatown, and leafy 32-acre LA State Historic Park. Capitalize on LA River Revitalization Plans, Albion Riverside Park.

  • August, 2017

  • Aug 31, 2017

    Date

    Sold (Public Records)

    Public Records

    $630,500

    Price

Show More

Tax History for 528 S Avenue 19

Assessed Value (2020): $656,432
Year Land Value Improved Value Assessed Value
2020 $468,180 $188,252 $656,432

Home Value Compared to the Market

This property vs the competition

528 S Avenue 19 sold on April 29, 2020 for 11.6% 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 $338.18 per/sqft which puts the price per square foot 53.29% lower than the current median sale per square foot for the city of Los Angeles.

About 528 S Avenue 19

Detailed summary of property

528 S Avenue 19 is a multi family that recently sold in Los Angeles, CA 90031. This multi family property offered 42 bedrooms, 15 bathrooms, roughly 3,696 living square feet, and sits on an approximately 3,292 square foot lot. 528 S Avenue 19 was first listed on ArdentRealEstateGroup.com on January 13, 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 11.6% higher than the current median priced home. Local homes that are currently for sale include 321 W Avenue 37, 401 W Avenue 37 and 3900 Berenice Pl. While the average home in Los Angeles, CA is selling in 106 days, 528 S Avenue 19 has a days on market of 10 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 528 S Avenue 19 Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 528 S Avenue 19

Public county record property details
Beds
13
Baths
1
Year built
1897
Sq. Ft.
3,696
Lot Size
3,292
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
5410-018-003

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$628
Total Inventory
38
Median Sale to List Price %
99.64%
Avg Days on Market
42
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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