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6818 N Figueroa St Los Angeles, CA 90042

$925,000 Sold Price as of 07/01/2020

5 Beds
4 Baths
-- Sq.Ft.

Sold

$925,000 Sold Price as of 07/01/2020 Refinance Your Mortgage

Map preview of 6818 N Figueroa St, Los Angeles, CA 90042

Property Overview: 6818 N Figueroa St Los Angeles, CA has 5 bedrooms, 4 bathrooms, -- living square feet and 6,531 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Price Improvement! Don't miss out on this investment opportunity; take advantage of a 4 unit income property located in prime Highland Park. Projected Cap: 6.52%. The complex features a two bedroom unit at the front, followed by three one bedroom units moving towards the back of the property. Each unit has its own spacious private patio as well as washer and dryer hook ups. The location is highly desirable for tenants, with the Eagle Rock dog park, schools, shopping and services all in the neighborhood along with easy access to the 134 and 110 freeways. The property has a total of 5 garages. Three along the street, and two at the back of the property that can be accessed by the long driveway that runs down the side of the complex.

Listed by Yuichi Bryan Miyamoto | BRE #01346587 | Keller Williams Realty Los Feliz

Last checked: 2 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 106

Home details

Lot Sq. Ft: 6,531
HOA Dues: $0/mo
Year built: 1947
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20549096
City: Los Angeles
County: Los Angeles
Time on Site: 1214 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 3

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,200

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,114
Total Rent: $13,368
Pro Forma/Market Rent: $1,650

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $800
Total Rent: $9,600
Pro Forma/Market Rent: $1,650

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,500
Total Rent: $18,000
Pro Forma/Market Rent: $1,650

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 15.31
Gross Scheduled Income: --
Net Operating Income: $61,950
Gross Operating Income: $67,368
Garage Rental Income: $1,260

Annual Expense Breakdown

Total Operating Expense: --
New Taxes: $3,258

Property Details for 6818 N Figueroa St

Interior Features

Heating Information

Has Heating
Floor Furnace, Wall Furnace

Kitchen Information

Has Appliances
Dishwasher, Refrigerator

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Driveway

Lot Information

Lot Size Source: Estimated

Property Information

Total # of Units: 4
Parcel Number: 5483018002

Location / Neighborhood

Location Information

Directions: Exit 134 Freeway onto N Figueroa St & Proceed South /// Exit 110 Freeway onto York Blvd & Proceed West Followed by Right turn onto N Figueroa St & Proceed North.

View more facts & features

Local Los Angeles Agent

Sale History for 6818 N Figueroa St

Last sold on September 28th, 2020

September, 2020
Sep 28, 2020

Date

Sold (Public Records)

Public Records

--

Price
July, 2020
Jul 1, 2020

Date

Sold

CRMLS: 20549096

$925,000

Price
May 15, 2020

Date

Active Under Contract

CRMLS: 20549096

$949,000

Price
May 7, 2020

Date

Price Change

CRMLS: 20549096

$949,000

Price
Mar 17, 2020

Date

Active

CRMLS: 20549096

$1,050,000

Price
Feb 11, 2020

Date

Active Under Contract

CRMLS: 20549096

$1,050,000

Price
Jan 30, 2020

Date

Active

CRMLS: 20549096

$1,050,000

Price
July, 2020
Jul 1, 2020

Date

Sold (Public Records)

Public Records

$925,000

Price

Tax History for 6818 N Figueroa St

Assessed Value (2020): $250,124

Year	Land Value	Improved Value	Assessed Value
2020	$140,473	$109,651	$250,124

Home Value Compared to the Market

This property vs the competition

6818 N Figueroa St sold on July 1, 2020 for 20.25% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 6818 N Figueroa St

Detailed summary of property

6818 N Figueroa St is a multi family that recently sold in Los Angeles, CA 90042. This multi family property offered 5 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 6,531 square foot lot. 6818 N Figueroa St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $925,000. 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 20.25% lower than the current median priced home. Local homes that are currently for sale include 321 W Avenue 37, 3945 York Blvd and 4936 Templeton St. While the average home in Los Angeles, CA is selling in 93 days, 6818 N Figueroa St has a days on market of 106 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 6818 N Figueroa St Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6818 N Figueroa St

Public county record property details

Beds: 5
Baths: 4
Year built: 1947
Sq. Ft.: 2,606
Lot Size: 6,530
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 2
APN: 5483-018-002

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,075,000

Median List Price/Sq.Ft.

$743

Median Sold Price

$1,000,000

Median Sold Price/Sq.Ft.

$858

Total Inventory

Median Sale to List Price %

125.16%

Avg Days on Market

Loan Type

Conventional (31.25%), FHA (6.25%), VA (0%), Cash (12.5%), Other (12.5%)

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(714) 706-1823

Homes for Sale Near 6818 N Figueroa 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.