625 Euclid Ave, Los Angeles, CA 90023
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625 Euclid Ave Los Angeles, CA 90023

$1,300,000 Sold Price as of 07/21/2023
  • 101 Beds
  • 51 Baths
  • 6,793 Sq.Ft.
Sold
$1,300,000 Sold Price as of 07/21/2023 Refinance Your Mortgage

Map preview of 625 Euclid Ave, Los Angeles, CA 90023

Property Overview: 625 Euclid Ave Los Angeles, CA has 101 bedrooms, 51 bathrooms, 6,793 living square feet and 14,881 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investor Opportunity! First time on market over 60 years. Two parcels to sell together: 7 units apartments (built 1960) on one parcel # (5185-020-007) plus single family residence (built 1905) on second parcel # (5185-020-006). 7 Units: Six 2 bedrooms and 1 bath; One 3 bedrooms and 2 baths = 5617 sf. Single family residence (2 bedrooms and 1 bath) = 1176sf. (Buyer to perform own due diligence to verify all measurement and data). Do NOT disturb tenants.

Listed by JUDY CHAO DI CHOW | BRE #01022442 | IRN REALTY
Last checked: 5 minutes ago | Last updated: July 22nd, 2023 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
14,881
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
WS23113340
City
Los Angeles
County
Los Angeles
Time on Site
317 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Leased Units: 7
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 14
  • # of Baths: 7
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,757
  • Net Operating Income: $49,897
  • Gross Operating Income: --
  • Laundry Own/Lease: Lease
Annual Expense Breakdown
  • Total Operating Expense: $19,859
  • Electric: $5,580
  • Insurance: $4,513
  • Maintenance: $4,493
  • Professional Management: $3,560
  • Other Expenses: $1,714

Property Details for 625 Euclid Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Outside
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Average Condition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: 6-10 Units/Acre, Front Yard
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Total # of Units: 8
  • Parcel Number: 5185020007
  • Year Built Source: Public Records
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Water Available
Location / Neighborhood
Location Information
  • Directions: Between East 6th Street and Inez Street
View more facts & features

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Sale History for 625 Euclid Ave

Last sold for $1,300,000 on July 21st, 2023
  • July, 2023

  • Jul 21, 2023

    Date

    Sold

    CRMLS: WS23113340

    $1,300,000

    Price

  • Jun 26, 2023

    Date

    Active

    CRMLS: WS23113340

    $1,200,000

    Price

Tax History for 625 Euclid Ave

Assessed Value (2020): $137,813
Year Land Value Improved Value Assessed Value
2020 $21,487 $116,326 $137,813

Home Value Compared to the Market

This property vs the competition

625 Euclid Ave sold on July 21, 2023 for 0.84% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $176.65 per/sqft which puts the price per square foot 76.6% lower than the current median sale per square foot for the city of Los Angeles.

About 625 Euclid Ave

Detailed summary of property

625 Euclid Ave is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 101 bedrooms, 51 bathrooms, roughly 6,793 living square feet, and sits on an approximately 14,881 square foot lot. 625 Euclid Ave was first listed on ArdentRealEstateGroup.com on June 26, 2023. The homeowner sold the property for $1,300,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.84% higher than the current median priced home. Local homes that are currently for sale include 160 Union Pl, 1749 E 69th St and 3130 Arvia St. While the average home in Los Angeles, CA is selling in 94 days, 625 Euclid Ave has a days on market of 2 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 625 Euclid Ave Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 625 Euclid Ave

Public county record property details
Beds
15
Baths
8
Year built
1962
Sq. Ft.
5,617
Lot Size
7,882
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5,22
APN
5185-020-007

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,999
Median List Price/Sq.Ft.
$679
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$448
Total Inventory
20
Median Sale to List Price %
99.25%
Avg Days on Market
6
Loan Type
Conventional (0%), FHA (60%), VA (0%), Cash (20%), Other (0%)

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Related Resources to 625 Euclid Ave

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.