659 Imogen Ave, Los Angeles, CA 90026
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659 Imogen Ave Los Angeles, CA 90026

$1,500,000 Sold Price as of 02/04/2022
  • 4 Beds
  • 4 Baths
  • 3,544 Sq.Ft.
Sold
$1,500,000 Sold Price as of 02/04/2022 Refinance Your Mortgage

Map preview of 659 Imogen Ave, Los Angeles, CA 90026

Property Overview: 659 Imogen Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,544 living square feet and 7,508 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 659 Imogen, a well-maintained Silver Lake fourplex, located just South of Sunset Blvd. **** Please note, 659 Imogen must be sold with the neighboring fourplex, 663 Imogen Ave*** Built in 1924, this value-add opportunity features (4) 1-bdrm. units (averaging approx. 890 SF each) sitting on a 7,504 SF lot. Each charming unit features hardwood flooring, in-unit washer and dryer and plenty of storage. Property amenities include automatic and gated entry, shared front yard, communal outdoor area, 4 tandem parking spaces and each unit is separately metered for gas and electricity. This offering presents a significant value-add opportunity, with plenty of lot space to add ADUs and rents are approx. 23% below market rates compared to renovated units.

Listed by Max Berger | BRE #02054048 | Compass
Last checked: 7 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
7,508
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21110283
City
Los Angeles
County
Los Angeles
Time on Site
1017 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,517
  • Total Rent: $2,517
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,450
  • Total Rent: $2,450
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,692
  • Total Rent: $1,692
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.32
  • Gross Scheduled Income: --
  • Net Operating Income: $70,767
  • Gross Operating Income: $106,029
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 659 Imogen Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Auto Driveway Gate, Tandem Garage, Side by Side
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5401001011
Location / Neighborhood
Location Information
  • Directions: 1 block North of Bellevue Avenue and 1 block East of Hoover Street
View more facts & features

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Sale History for 659 Imogen Ave

Last sold for $1,500,000 on February 4th, 2022
  • February, 2022

  • Feb 4, 2022

    Date

    Sold

    CRMLS: 21110283

    $1,500,000

    Price

  • Dec 6, 2021

    Date

    Active

    CRMLS: 21110283

    $1,675,000

    Price

  • February, 2013

  • Feb 28, 2013

    Date

    Sold (Public Records)

    Public Records

    $900,000

    Price

  • March, 2006

  • Mar 21, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 659 Imogen Ave

Assessed Value (2020): $1,013,380
Year Land Value Improved Value Assessed Value
2020 $709,367 $304,013 $1,013,380

Home Value Compared to the Market

This property vs the competition

659 Imogen Ave sold on February 4, 2022 for 49.55% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $472.63 per/sqft which puts the price per square foot 34.72% lower than the current median sale per square foot for the city of Los Angeles.

About 659 Imogen Ave

Detailed summary of property

659 Imogen Ave is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 3,544 living square feet, and sits on an approximately 7,508 square foot lot. 659 Imogen Ave was first listed on ArdentRealEstateGroup.com on December 7, 2021. The homeowner sold the property for $1,500,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 49.55% higher than the current median priced home. Local homes that are currently for sale include 2849 Council St, 1143 N Commonwealth Ave and 1116 N Madison Ave. While the average home in Los Angeles, CA is selling in 106 days, 659 Imogen Ave has a days on market of 9 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 659 Imogen Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 659 Imogen Ave

Public county record property details
Beds
4
Baths
4
Year built
1924
Sq. Ft.
3,544
Lot Size
7,508
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5401-001-011

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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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.