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6933 Glasgow Ave, Los Angeles, CA 90045
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6933 Glasgow Ave Los Angeles, CA 90045

$1,645,000 Sold Price as of 07/02/2021
  • 9 Beds
  • 5 Baths
  • 3,491 Sq.Ft.
Sold
$1,645,000 Sold Price as of 07/02/2021 Refinance Your Mortgage
Map preview of 6933 Glasgow Ave, Los Angeles, CA 90045

Property Overview: 6933 Glasgow Ave Los Angeles, CA has 9 bedrooms, 5 bathrooms, 3,491 living square feet and 7,434 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: New Price. Not much for sale Rare opportunity 4Plex in prime location. Rear 2 story Owner's home 3 bed 2 bath with big private yard. front 3 unit building all 2 Bed 1 bath units. Light & bright units with lots of windows. 'Caringly Hands-on owner- managed', fully occupied, all paying, quality tenants. Long term tenants, Huge upside in rent for new owner to keep increasing the cash flow. On site 5 parking include 3 single garages. 1 Garage for owner. Very Easy to manage by any owner with Low maintenance & Low Expenses. Tenants pay electric, Gas & Trash. owner pays Water & gardener only. Upgrades Include Mostly copper plumbing, All new double pane windows. Hardwood Floors. Prime Westchester Triangle area going thru lots of new development. LAR3 Zoning, Buyer to independently verify & Rely on, per L A city Build 9 units 'By Right' & 13 units due to transportation bonus zoning. Pride of ownership, Always in demand Low vacancy area. Proforma rents could give $132,000 per year income giving a Low 12.5 GRM. Convenient Central location giving easy access to LAX, 405 FWY, La Cienega and westside, South bay & Eastside Amenities. One Garage New owner can keep it or rent it out at $150-200/Mo.

Listed by Anoop Garg | BRE #1060730 | The Real Estate Consultants Westside Inc.
Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
7,434
HOA Dues
$0/mo
Year built
1950
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
IN21074357
City
Los Angeles
County
Los Angeles
Time on Site
1091 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,295
  • Total Rent: $2,295
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,995
  • Total Rent: $1,995
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,719
  • Total Rent: $1,719
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,719
  • Total Rent: $1,719
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 12.5
  • Gross Scheduled Income: $94,536
  • Net Operating Income: $65,496
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $29,040
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $22,740
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $1,200
  • Insurance: $1,500
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $3,600

Property Details for 6933 Glasgow Ave

Interior Features
Heating Information
  • Has Heating
  • Central, Floor Furnace, Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Center Hall, Kitchen, Living Room, Master Bedroom
Kitchen Information
  • Has Appliances
  • Self Cleaning Oven, Free-Standing Range, Disposal, Gas Range, Gas Water Heater, Range Hood, Water Heater
Interior Features
  • Balcony, Block Walls, Built-in Features, Cathedral Ceiling(s), Copper Plumbing Partial, Tile Counters
  • Levels: Two
  • Window Features: Casement Windows, Double Pane Windows, Low Emissivity Windows, Screens
  • Door Features: Service Entrance
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block, Vinyl, Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Attached Carport, Driveway, Paved, Garage, Garage - Single Door, Private
Lot Information
  • Lot Features: Front Yard, Garden, Near Public Transit, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 4103011007
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Property is Attached
  • Property Condition: Building Permit
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: East of 405 and south of La Tijera
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 6933 Glasgow Ave

Last sold for $1,645,000 on July 2nd, 2021

  • July, 2021

  • Jul 3, 2021

    Date

    Sold

    CRMLS: IN21074357

    $1,645,000

    Price

  • Jun 21, 2021

    Date

    Pending

    CRMLS: IN21074357

    $1,645,000

    Price

  • Jun 12, 2021

    Date

    Active Under Contract

    CRMLS: IN21074357

    $1,645,000

    Price

  • May 22, 2021

    Date

    Price Change

    CRMLS: IN21074357

    $1,645,000

    Price

  • Apr 23, 2021

    Date

    Price Change

    CRMLS: IN21074357

    $1,649,000

    Price

  • Apr 9, 2021

    Date

    Active

    CRMLS: IN21074357

    $1,650,000

    Price

  • June, 2004

  • Jun 15, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2002

  • Dec 16, 2002

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 6933 Glasgow Ave

Assessed Value (2020): $494,531
Year Land Value Improved Value Assessed Value
2020 $344,026 $150,505 $494,531

Home Value Compared to the Market

This property vs the competition

6933 Glasgow Ave sold on July 2, 2021 for 38.24% higher 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 $471.21 per/sqft which puts the price per square foot 37.59% lower than the current median sale per square foot for the city of Los Angeles.

About 6933 Glasgow Ave

Detailed summary of property

6933 Glasgow Ave is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 9 bedrooms, 5 bathrooms, roughly 3,491 living square feet, and sits on an approximately 7,434 square foot lot. 6933 Glasgow Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,645,000. 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 38.24% higher than the current median priced home. Local homes that are currently for sale include 2315 Carmona Ave, 3501 Keystone Ave and 3809 W 30th St. While the average home in Los Angeles, CA is selling in 94 days, 6933 Glasgow Ave has a days on market of 63 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 6933 Glasgow Ave Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6933 Glasgow Ave

Public county record property details
Beds
7
Baths
4
Year built
1950
Sq. Ft.
3,491
Lot Size
7,433
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
76
APN
4103-011-007

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,649,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$1,510,000
Median Sold Price/Sq.Ft.
$880
Total Inventory
98
Median Sale to List Price %
103.78%
Avg Days on Market
37
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (7.14%)

Thinking of Selling?

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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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