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6934 Kittyhawk Ave #1, Los Angeles, CA 90045
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6934 Kittyhawk Ave #1 Los Angeles, CA 90045

$1,810,000 Sold Price as of 11/23/2021
  • 7 Beds
  • 5 Baths
  • 4,503 Sq.Ft.
Sold
$1,810,000 Sold Price as of 11/23/2021 Refinance Your Mortgage
Map preview of 6934 Kittyhawk Ave #1, Los Angeles, CA 90045

Property Overview: 6934 Kittyhawk Ave #1 Los Angeles, CA has 7 bedrooms, 5 bathrooms, 4,503 living square feet and 8,967 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Delivered VACANT! 8,967 square feet of incredible R3-1 development opportunity! There are several ways to capitalize on this property; currently five (5) units with large upside at market rents, development potential of 11 units, and possibly 17 units with density bonus. This location is phenomenal: situated at the intersection of Culver City, Westchester, and Inglewood in the "New Westside." With easy access to the 405 and Sepulveda, the Property is located about 15 minutes to the sand of Playa Del Rey, 15 minutes to SoFi and the Forum, and only 5 minutes from the upcoming Westchester/Veterans Station on the K-Line. Property has not been professionally managed and would benefit from professional management should it not be developed. Property has common laundry facilities which are not monetized. New owner could generate income from laundry facilities. Buyer to verify, but this opportunity is special. Size, Location, Upside, Development: this property is golden.

Listed by Joshua Stein-Sapir | BRE #01979910 | Keyes Real Estate
Co-listed by Brad Keyes | BRE #01857106 | Keyes Real Estate
Last checked: 3 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
8,967
HOA Dues
$0/mo
Year built
1954
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
21786422
City
Los Angeles
County
Los Angeles
Time on Site
960 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,400
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,800
Unit Breakdown 2
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.77%
  • Gross Rent Multiplier: 11.18
  • Gross Scheduled Income: --
  • Net Operating Income: $113,960
  • Gross Operating Income: $162,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 6934 Kittyhawk Ave #1

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Private, Concrete
Property Information
  • Has View
  • View: Park/Greenbelt
  • Total # of Units: 5
  • Parcel Number: 4103011010
  • Architectural Style: Mid Century Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of La Tijera Blvd. and East of the 405 Freeway
View more facts & features

Local Los Angeles Agent

Sale History for 6934 Kittyhawk Ave #1

Last sold for $1,810,000 on November 23rd, 2021

  • October, 2021

  • Oct 7, 2021

    Date

    Active Under Contract

    CRMLS: 21786422

    $1,799,000

    Price

  • Sep 21, 2021

    Date

    Active

    CRMLS: 21786422

    $1,799,000

    Price

  • August, 2021

  • Aug 29, 2021

    Date

    Withdrawn

    CRMLS: 21730466

    $1,599,000

    Price

  • Aug 25, 2021

    Date

    Active Under Contract

    CRMLS: 21730466

    $1,599,000

    Price

  • Aug 3, 2021

    Date

    Price Change

    CRMLS: 21730466

    $1,599,000

    Price

  • May 11, 2021

    Date

    Active

    CRMLS: 21730466

    $1,999,000

    Price

  • Listing provided courtesy of CRMLS

    8,967 square feet of incredible R3-1 development opportunity! There are several ways to capitalize on this property; currently five (5) units with large upside at market rents, development potential of 11 units, and possibly 17 units with density bonus. This location is phenomenal: situated at the intersection of Culver City, Westchester, and Inglewood in the "New Westside." With easy access to the 405 and Sepulveda, the Property is located about 15 minutes to the sand of Playa Del Rey, 15 minutes to SoFi and the Forum, and only 5 minutes from the upcoming Westchester/Veterans Station on the K-Line. Units 1 and 3 are delivered vacant. Property has not been professionally managed and would benefit from professional management should it not be developed. Property has common laundry facilities which are not monetized. New owner could generate income from laundry facilities. Buyer to verify, but this opportunity is special. Size, Location, Upside, Development: this property is golden.

  • December, 2020

  • Dec 7, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 6934 Kittyhawk Ave #1

Assessed Value (2020): $151,716
Year Land Value Improved Value Assessed Value
2020 $43,684 $108,032 $151,716

Home Value Compared to the Market

This property vs the competition

6934 Kittyhawk Ave #1 sold on November 23, 2021 for 51.18% 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 $399.51 per/sqft which puts the price per square foot 47.08% lower than the current median sale per square foot for the city of Los Angeles.

About 6934 Kittyhawk Ave #1

Detailed summary of property

6934 Kittyhawk Ave #1 is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 4,503 living square feet, and sits on an approximately 8,967 square foot lot. 6934 Kittyhawk Ave #1 was first listed on ArdentRealEstateGroup.com on September 21, 2021. The homeowner sold the property for $1,810,000. 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 51.18% higher than the current median priced home. Local homes that are currently for sale include 2622 S Orange Dr, 2315 Carmona Ave and 3501 Keystone Ave. While the average home in Los Angeles, CA is selling in 94 days, 6934 Kittyhawk Ave #1 has a days on market of 26 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 6934 Kittyhawk Ave #1 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 6934 Kittyhawk Ave #1

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
4,503
Lot Size
8,967
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
79
APN
4103-011-010

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
$1,649,999
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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(714) 706-1823

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Recently Sold Homes Near 6934 Kittyhawk Ave #1

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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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