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649 Alpine St, Los Angeles, CA 90012
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649 Alpine St Los Angeles, CA 90012

$1,025,000 Sold Price as of 12/16/2022
  • 18 Beds
  • 12 Baths
  • 3,757 Sq.Ft.
Sold
$1,025,000 Sold Price as of 12/16/2022 Refinance Your Mortgage
Map preview of 649 Alpine St, Los Angeles, CA 90012

Property Overview: 649 Alpine St Los Angeles, CA has 18 bedrooms, 12 bathrooms, 3,757 living square feet and 3,940 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Have you been searching for the perfect investment property? Well look no further! This 3-unit building was a dream built by the patriarch of the family. In 1973 he saw an empty dirt lot in a prime Chinatown location and decided to build a family home with the extra security of rental income. The owner's unit has an upstairs and a downstairs with a built-in wok in the kitchen. Each unit is spacious with 3 bedrooms and 2 baths. Plenty of storage space and parking for 4 cars. Unit 1, the owner's unit will be delivered vacant and the other 2 units will be delivered with tenants. Wonderful opportunity to buy and hold. Centrally located to public transportation, shopping, great restaurants, and all the culture of Chinatown and the Downtown art galleries and museums. Great potential!

Listed by Andrea Marcum-Valentine | BRE #01737314 | eXp Realty of California Inc
Last checked: 14 minutes ago | Last updated: December 17th, 2022 | Source CRMLS | DOM: 87

Home details

Lot Sq. Ft
3,940
HOA Dues
$0/mo
Year built
1973
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
22180347
City
Los Angeles
County
Los Angeles
Time on Site
707 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $842
  • Total Rent: $842
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $770
  • Total Rent: $770
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 61.93
  • Gross Scheduled Income: --
  • Net Operating Income: $18,244
  • Gross Operating Income: $18,244
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 649 Alpine St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 5407010008
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: From the 110 FRWY, Exit Hill St. Right on Alpine. (West of Hill St, South of College)
View more facts & features

Local Los Angeles Agent

Sale History for 649 Alpine St

Last sold for $1,025,000 on December 16th, 2022

  • December, 2022

  • Dec 16, 2022

    Date

    Sold

    CRMLS: 22180347

    $1,025,000

    Price

  • Jul 17, 2022

    Date

    Active

    CRMLS: 22180347

    $1,198,000

    Price

  • June, 2022

  • Jun 23, 2022

    Date

    Expired

    CRMLS: TR22057877

    $1,250,000

    Price

  • Mar 23, 2022

    Date

    Active

    CRMLS: TR22057877

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    3 UNITS TRI-LEVEL. CHINATOWN. ALL UNITS WITH 3 BEDROOM 2 BATH .ONE OF THE UNITS CAN BE OWNERS OCCUPIED. VERY SPACIOUS.LOW MAINTENANCE EXTERIOR. ATTACHED GARAGE WITH 4 PARKING SPACES. FIRST TIME ON MARKET SINCE 1973. CONVENIENT LOCATION. MINUTES FROM DOWNTOWN L.A. CURRENT RENT IS LOW. GREAT POTENTIAL FOR NEW BUYERS TO INCREMENT TO CURRENT MARKET RENT.

  • September, 2020

  • Sep 24, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2020

  • Aug 3, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 649 Alpine St

Assessed Value (2020): $186,908
Year Land Value Improved Value Assessed Value
2020 $47,046 $139,862 $186,908

Home Value Compared to the Market

This property vs the competition

649 Alpine St sold on December 16, 2022 for 13.81% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $292.25 per/sqft which puts the price per square foot 63.05% lower than the current median sale per square foot for the city of Los Angeles.

About 649 Alpine St

Detailed summary of property

649 Alpine St is a multi family that recently sold in Los Angeles, CA 90012. This multi family property offered 18 bedrooms, 12 bathrooms, roughly 3,757 living square feet, and sits on an approximately 3,940 square foot lot. 649 Alpine St was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,025,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 13.81% lower than the current median priced home. Local homes that are currently for sale include 2154 Santa Ynez St, 673 N Boyle Ave and 2620 Idell St. While the average home in Los Angeles, CA is selling in 100 days, 649 Alpine St has a days on market of 87 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 649 Alpine St Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 649 Alpine St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
3,757
Lot Size
3,940
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5407-010-008

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$587
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$579
Total Inventory
62
Median Sale to List Price %
96.77%
Avg Days on Market
53
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 649 Alpine 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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