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6811 11Th Ave Los Angeles, CA 90043

$720,000 Sold Price as of 09/12/2019

20 Beds
10 Baths
1,920 Sq.Ft.

Sold

$720,000 Sold Price as of 09/12/2019 Refinance Your Mortgage

Map preview of 6811 11Th Ave, Los Angeles, CA 90043

Property Overview: 6811 11Th Ave Los Angeles, CA has 20 bedrooms, 10 bathrooms, 1,920 living square feet and 8,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Seller Motivated Zoned for 10 Units R3 Lot Sold AS-IS Proof of Funds to Close Lender Approval4 Studio Units 2 Bedrooms and 1 Bath Upstairs/ Living room, Kitchen and 1/2 Bath Downstairs.

Listed by Clyde Sparrow | BRE #00519465 | First Choice Real Estate & Inv

Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 150

Home details

Lot Sq. Ft: 8,500
HOA Dues: $0/mo
Year built: 1925
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19476480
City: Los Angeles
County: Los Angeles
Time on Site: 1208 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $928
Total Rent: $928
Pro Forma/Market Rent: $928

Unit Breakdown 2

# of Units: 2
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $954
Total Rent: $954
Pro Forma/Market Rent: $954

Unit Breakdown 3

# of Units: 3
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,008
Total Rent: $1,008
Pro Forma/Market Rent: $1,008

Unit Breakdown 4

# of Units: 4
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $910
Total Rent: $910
Pro Forma/Market Rent: $910

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 0
Gross Scheduled Income: --
Net Operating Income: $36,500
Gross Operating Income: $45,600
Improvements Total: $222,596

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 6811 11Th Ave

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Assigned

Property Information

Total # of Units: 4
Parcel Number: 4006025018

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Utilities: Cable Available

Location / Neighborhood

Location Information

Directions: Mapquest

View more facts & features

Local Los Angeles Agent

Sale History for 6811 11Th Ave

Last sold on September 16th, 2019

September, 2019
Sep 16, 2019

Date

Sold (Public Records)

Public Records

--

Price
September, 2019
Sep 13, 2019

Date

Sold

CRMLS: 19476480

$720,000

Price
Aug 13, 2019

Date

Pending

CRMLS: 19476480

$750,000

Price
Jun 29, 2019

Date

Active

CRMLS: 19476480

$750,000

Price
September, 2019
Sep 10, 2019

Date

Sold (Public Records)

Public Records

$706,000

Price

Tax History for 6811 11Th Ave

Assessed Value (2020): $705,000

Year	Land Value	Improved Value	Assessed Value
2020	$500,000	$205,000	$705,000

Home Value Compared to the Market

This property vs the competition

6811 11Th Ave sold on September 12, 2019 for 36.97% 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 $390.63 per/sqft which puts the price per square foot 48.26% lower than the current median sale per square foot for the city of Los Angeles.

About 6811 11Th Ave

Detailed summary of property

6811 11Th Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 20 bedrooms, 10 bathrooms, roughly 1,920 living square feet, and sits on an approximately 8,500 square foot lot. 6811 11Th Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $720,000. 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 36.97% lower than the current median priced home. Local homes that are currently for sale include 1745 59th Pl, 4720 6th Ave and 7216 S Denker Ave. While the average home in Los Angeles, CA is selling in 96 days, 6811 11Th Ave has a days on market of 150 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 6811 11Th Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6811 11Th Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1925
Sq. Ft.: 1,920
Lot Size: 8,499
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 594
APN: 4006-025-018

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$965,000

Median List Price/Sq.Ft.

$590

Median Sold Price

$727,000

Median Sold Price/Sq.Ft.

$516

Total Inventory

Median Sale to List Price %

96.93%

Avg Days on Market

Loan Type

Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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.