538 W 82Nd St, Los Angeles, CA 90044
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538 W 82Nd St Los Angeles, CA 90044

$1,480,000 Sold Price as of 08/11/2021
  • 16 Beds
  • 9 Baths
  • 7,591 Sq.Ft.
Sold
$1,480,000 Sold Price as of 08/11/2021 Refinance Your Mortgage

Map preview of 538 W 82Nd St, Los Angeles, CA 90044

Property Overview: 538 W 82Nd St Los Angeles, CA has 16 bedrooms, 9 bathrooms, 7,591 living square feet and 9,316 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***Large 9,316 Square Foot R3 Lot ***Well Maintained and Operated ***Ample Parking ***Approximately 42% in Upside Potential ***Outstanding Unit Mix of All 2 Bedroom Units

Listed by Frederick Alanis | BRE #01513535 | Keller Williams Downtown LA
Co-listed by Edward Caballero | BRE #01945899 | Keller Williams Downtown LA
Last checked: 11 minutes ago | Last updated: September 12th, 2023 | Source CRMLS | DOM: 56

Home details

Lot Sq. Ft
9,316
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21735334
City
Los Angeles
County
Los Angeles
Time on Site
1136 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $930
  • Total Rent: $6,508
  • Pro Forma/Market Rent: $13,650
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $798
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.2
  • Gross Scheduled Income: --
  • Net Operating Income: $57,897
  • Gross Operating Income: $94,325
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 538 W 82Nd St

Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Total # of Units: 9
  • Parcel Number: 6032021020
Location / Neighborhood
Location Information
  • Directions: Located near the intersection of S Hoover St and W Manchester Avenue.
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Sale History for 538 W 82Nd St

Last sold for $1,480,000 on August 11th, 2021
  • September, 2023

  • Sep 12, 2023

    Date

    Expired

    CRMLS: 22222539

    $2,000,000

    Price

  • Dec 2, 2022

    Date

    Active

    CRMLS: 22222539

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    ***Large 9,316 Square Foot R3 Lot ***Well Maintained and Operated ***Ample Parking ***Approximately 46% in Upside Potential ***Outstanding Unit Mix

  • August, 2021

  • Aug 16, 2021

    Date

    Sold

    CRMLS: 21735334

    $1,480,000

    Price

  • Jul 18, 2021

    Date

    Pending

    CRMLS: 21735334

    $1,575,000

    Price

  • May 22, 2021

    Date

    Active

    CRMLS: 21735334

    $1,575,000

    Price

Show More

Tax History for 538 W 82Nd St

Assessed Value (2020): $420,021
Year Land Value Improved Value Assessed Value
2020 $99,741 $320,280 $420,021

Home Value Compared to the Market

This property vs the competition

538 W 82Nd St sold on August 11, 2021 for 39.38% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $207.48 per/sqft which puts the price per square foot 72.48% lower than the current median sale per square foot for the city of Los Angeles.

About 538 W 82Nd St

Detailed summary of property

538 W 82Nd St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 16 bedrooms, 9 bathrooms, roughly 7,591 living square feet, and sits on an approximately 9,316 square foot lot. 538 W 82Nd St was first listed on ArdentRealEstateGroup.com on May 22, 2021. The homeowner sold the property for $1,480,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 39.38% higher than the current median priced home. Local homes that are currently for sale include 125 E 104th St, 432 W 107th St and 907 E 88th St. While the average home in Los Angeles, CA is selling in 99 days, 538 W 82Nd St has a days on market of 56 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 538 W 82Nd St 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 538 W 82Nd St

Public county record property details
Beds
16
Baths
9
Year built
1962
Sq. Ft.
7,591
Lot Size
9,316
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
260
APN
6032-021-020

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
$659,500
Median List Price/Sq.Ft.
$521
Median Sold Price
$679,999
Median Sold Price/Sq.Ft.
$540
Total Inventory
87
Median Sale to List Price %
101.64%
Avg Days on Market
21
Loan Type
Conventional (22.22%), FHA (55.56%), VA (0%), Cash (11.11%), Other (0%)

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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.