643 S Humphreys Ave, Los Angeles, CA 90022
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643 S Humphreys Ave Los Angeles, CA 90022

$750,000 Sold Price as of 09/21/2021
  • 6 Beds
  • 4 Baths
  • 2,122 Sq.Ft.
Sold
$750,000 Sold Price as of 09/21/2021 Refinance Your Mortgage

Map preview of 643 S Humphreys Ave, Los Angeles, CA 90022

Property Overview: 643 S Humphreys Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,122 living square feet and 8,988 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1st time on the Market in over 45 years. A true 4 unit California Bungalow (quadplex) Four Free standing units built in 1929 offering plenty of style and privacy with no shared walls. Each unit has its own separate Electric and Gas meters. Two of the 4 units have been tastefully updated and other two units are all original. Don't miss out on this great opportunity to own four income producing units in the heart of East Los Angeles. All units currently rented under market value.

Listed by ELI STRICKLAND | BRE #01991218 | RE/MAX INNOVATIONS
Co-listed by CHRISTIAN RAMOS | BRE #02043365 | RE/MAX INNOVATIONS
Last checked: 2 minutes ago | Last updated: November 16th, 2023 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
8,988
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
CV21155288
City
Los Angeles
County
Los Angeles
Time on Site
1075 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $550
  • Total Rent: $550
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $500
  • Total Rent: $500
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $3,150
  • Net Operating Income: $33,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,800
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $200
  • Water/Sewer: $200

Property Details for 643 S Humphreys Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside, Washer Hookup
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5247002012
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: West of Ford , East of 710
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 643 S Humphreys Ave

Last sold for $750,000 on September 21st, 2021
  • August, 2021

  • Aug 31, 2021

    Date

    Pending

    CRMLS: CV21155288

    $750,000

    Price

  • Aug 9, 2021

    Date

    Active Under Contract

    CRMLS: CV21155288

    $750,000

    Price

  • Jul 29, 2021

    Date

    Price Change

    CRMLS: CV21155288

    $750,000

    Price

  • Jul 28, 2021

    Date

    Active

    CRMLS: CV21155288

    $725,000

    Price

  • Jul 22, 2021

    Date

    Active Under Contract

    CRMLS: CV21155288

    $725,000

    Price

  • Jul 16, 2021

    Date

    Active

    CRMLS: CV21155288

    $725,000

    Price

Tax History for 643 S Humphreys Ave

Assessed Value (2020): $51,500
Year Land Value Improved Value Assessed Value
2020 $27,542 $23,958 $51,500

Home Value Compared to the Market

This property vs the competition

643 S Humphreys Ave sold on September 21, 2021 for 33.63% lower 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 $353.44 per/sqft which puts the price per square foot 53.12% lower than the current median sale per square foot for the city of Los Angeles.

About 643 S Humphreys Ave

Detailed summary of property

643 S Humphreys Ave is a fourplex that recently sold in Los Angeles, CA 90022. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 2,122 living square feet, and sits on an approximately 8,988 square foot lot. 643 S Humphreys Ave was first listed on ArdentRealEstateGroup.com on July 16, 2021. The homeowner sold the property for $750,000. 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 33.63% lower than the current median priced home. Local homes that are currently for sale include 2809 Folsom St, 1117 Amalia Ave and 3045 E 5th St. While the average home in Los Angeles, CA is selling in 98 days, 643 S Humphreys Ave has a days on market of 24 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 643 S Humphreys Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 643 S Humphreys Ave

Public county record property details
Beds
7
Baths
4
Year built
1929
Sq. Ft.
2,122
Lot Size
8,987
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
52
APN
5247-002-012

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$626
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$635
Total Inventory
22
Median Sale to List Price %
104.65%
Avg Days on Market
25
Loan Type
Conventional (14.29%), FHA (57.14%), VA (0%), Cash (14.29%), Other (14.29%)

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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.