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641 W 97th St, Los Angeles, CA 90044
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641 W 97th St Los Angeles, CA 90044

$785,000 Sold Price as of 04/05/2019
  • 10 Beds
  • 6 Baths
  • 3,563 Sq.Ft.
Sold
$785,000 Sold Price as of 04/05/2019 Refinance Your Mortgage
Map preview of 641 W 97th St, Los Angeles, CA 90044

Property Overview: 641 W 97th St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,563 living square feet and 6,301 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful, well-maintained Duplex, Built in 2011. Granite Counter-tops and Solid Wood Cabinets are featured in each Kitchen, Designer Vanities are included in each Bathroom, and Easy Care and Long-wearing, Wood-look Vinyl Flooring installed in both Units. Dual Pane Windows throughout along with an Energy-efficient FAU which provide consistent Heat are positive features of both Units. There is a long driveway that leads to a 3-Car Garage to provide off-street parking. All of this are Highlights to this Terrific Property. Both Units are rented on a month-to-month basis. At the current Sales Price, Current Rents and considering the Operating Expenses for Water and Property Management but No Allowance for Vacancy (this is a VERY Hot Rental Market / Area!), this Duplex provides a Cap Rate of 6.5% to a would-be Investor!

Listed by Kevin Keenan | BRE #01234836 | Millennium K2 Realty
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 239

Home details

Lot Sq. Ft
6,301
HOA Dues
$0/mo
Year built
2011
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
PW18102871
City
Los Angeles
County
Los Angeles
Time on Site
1218 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,360
  • Total Rent: $2,360
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,525
  • Total Rent: $2,525
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,620
  • Net Operating Income: $51,420
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,200
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $8,745
  • Trash: $0
  • Insurance: $1,200
  • Professional Management: $3,600
  • Water/Sewer: $3,600

Property Details for 641 W 97th St

Interior Features
Heating Information
  • Has Heating
  • Central, Natural Gas
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Washer Hookup
Room Information
  • Flooring: Tile, Vinyl
  • Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Gas Range, High Efficiency Water Heater
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • Door Features: Mirror Closet Door(s), Panel Doors
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Wood, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6054027026
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Foundation Details: Raised
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Location / Neighborhood
Location Information
  • Directions: Century Blvd from the 110 Fwy (W) to Hoover (R) to 97th Street (R) to 641-643 W 97th Street
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 641 W 97th St

Last sold for $785,000 on April 5th, 2019

  • April, 2019

  • Apr 5, 2019

    Date

    Sold

    CRMLS: PW18102871

    $785,000

    Price

  • Dec 28, 2018

    Date

    Pending

    CRMLS: PW18102871

    $795,000

    Price

  • May 3, 2018

    Date

    Active

    CRMLS: PW18102871

    $795,000

    Price

  • April, 2019

  • Apr 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $785,000

    Price

  • March, 2011

  • Mar 3, 2011

    Date

    Sold (Public Records)

    Public Records

    $490,004

    Price

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Tax History for 641 W 97th St

Assessed Value (2020): $800,700
Year Land Value Improved Value Assessed Value
2020 $596,700 $204,000 $800,700

Home Value Compared to the Market

This property vs the competition

641 W 97th St sold on April 5, 2019 for 33.19% lower 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 $223.13 per/sqft which puts the price per square foot 70.45% lower than the current median sale per square foot for the city of Los Angeles.

About 641 W 97th St

Detailed summary of property

641 W 97th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 3,563 living square feet, and sits on an approximately 6,301 square foot lot. 641 W 97th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $785,000. 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 33.19% lower than the current median priced home. Local homes that are currently for sale include 144 E Colden Ave, 123 E 92nd St and 526 W 84th St. While the average home in Los Angeles, CA is selling in 94 days, 641 W 97th St has a days on market of 239 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 641 W 97th 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 641 W 97th St

Public county record property details
Beds
10
Baths
6
Year built
2011
Sq. Ft.
3,563
Lot Size
6,300
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
84
APN
6054-027-026

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
$669,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
79
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 641 W 97th St

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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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