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649 N Cummings St, Los Angeles, CA 90033
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649 N Cummings St Los Angeles, CA 90033

$700,000 Sold Price as of 10/03/2022
  • 17 Beds
  • 9 Baths
  • 3,245 Sq.Ft.
Sold
$700,000 Sold Price as of 10/03/2022 Refinance Your Mortgage
Map preview of 649 N Cummings St, Los Angeles, CA 90033

Property Overview: 649 N Cummings St Los Angeles, CA has 17 bedrooms, 9 bathrooms, 3,245 living square feet and 5,071 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Jacqueline Moeller | BRE #02074226 | Kidder Mathews of California, Inc.
Co-listed by Elizabeth Clark | BRE #01811246 | Douglas Elliman
Last checked: 4 minutes ago | Last updated: October 18th, 2022 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
5,071
HOA Dues
$0/mo
Year built
1905
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22182419
City
Los Angeles
County
Los Angeles
Time on Site
653 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.08%
  • Gross Rent Multiplier: 12.93
  • Gross Scheduled Income: --
  • Net Operating Income: $45,747
  • Gross Operating Income: $67,512
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 649 N Cummings St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport
Property Information
  • Total # of Units: 3
  • Parcel Number: 5175031010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Prime Boyle Heights .... North Of Cesar Chavez Avene and West of Soto Street
View more facts & features

Local Los Angeles Agent

Sale History for 649 N Cummings St

Last sold for $700,000 on October 3rd, 2022

  • October, 2022

  • Oct 3, 2022

    Date

    Sold

    CRMLS: 22182419

    $700,000

    Price

  • Jul 25, 2022

    Date

    Active

    CRMLS: 22182419

    $883,000

    Price

Tax History for 649 N Cummings St

Assessed Value (2020): $47,014
Year Land Value Improved Value Assessed Value
2020 $23,284 $23,730 $47,014

Home Value Compared to the Market

This property vs the competition

649 N Cummings St sold on October 3, 2022 for 25.8% 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 $272.11 per/sqft which puts the price per square foot 63.96% lower than the current median sale per square foot for the city of Los Angeles.

About 649 N Cummings St

Detailed summary of property

649 N Cummings St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 17 bedrooms, 9 bathrooms, roughly 3,245 living square feet, and sits on an approximately 5,071 square foot lot. 649 N Cummings St was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $700,000. 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 25.8% lower than the current median priced home. Local homes that are currently for sale include 422 N Townsend Ave, 3862 N Broadway and 1160 S Dacotah St. While the average home in Los Angeles, CA is selling in 94 days, 649 N Cummings St has a days on market of 38 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 649 N Cummings St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 649 N Cummings St

Public county record property details
Beds
6
Baths
3
Year built
1905
Sq. Ft.
3,245
Lot Size
5,071
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
78
APN
5175-031-010

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
11
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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