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700 W 82nd St Los Angeles, CA 90044

$1,350,000 Sold Price as of 09/20/2021

12 Beds
6 Baths
3,600 Sq.Ft.

Sold

$1,350,000 Sold Price as of 09/20/2021 Refinance Your Mortgage

Map preview of 700 W 82nd St, Los Angeles, CA 90044

Property Overview: 700 W 82nd St Los Angeles, CA has 12 bedrooms, 6 bathrooms, 3,600 living square feet and 9,319 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Sergio Martinez | BRE #01358473 | Corcoran Global Living

Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft: 9,319
HOA Dues: $0/mo
Year built: 1987
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: DW21193659
City: Los Angeles
County: Los Angeles
Time on Site: 1124 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 6
Total # of Buildings: 1
# of Electric Meters: 6
# of Gas Meters: 6
# of Water Meters: 1

Unit Breakdown 1

# of Units: 4
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,750
Total Rent: $7,000
Pro Forma/Market Rent: $7,200

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,700
Total Rent: $1,700
Pro Forma/Market Rent: $1,800

Unit Breakdown 3

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,650
Total Rent: $1,650
Pro Forma/Market Rent: $1,800

Multi-Family Income/Expense Information

Property Income and Analysis

Cap Rate: 7.9%
Gross Rent Multiplier: 10.06
Gross Scheduled Income: $124,200
Net Operating Income: $99,501
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $25,000
Electric: $606
Gas/Fuel: $0
Licenses: $260
New Taxes: $11,603
Trash: $2,999
Insurance: $3,254
Professional Management: $1,295
Water/Sewer: $5,995

Property Details for 700 W 82nd St

Interior Features

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 2+ Common Walls
Total # of Units: 6
Parcel Number: 6032022021
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: West of 110 fwy and North of Manchester ave

Neighborhood Information

Community Features: Street Lights, Suburban, Urban

View more facts & features

Local Los Angeles Agent

Sale History for 700 W 82nd St

Last sold for $1,350,000 on September 20th, 2021

September, 2021
Sep 22, 2021

Date

Sold

CRMLS: DW21193659

$1,350,000

Price
Sep 8, 2021

Date

Pending

CRMLS: DW21193659

$1,350,000

Price
Sep 1, 2021

Date

Active

CRMLS: DW21193659

$1,350,000

Price
June, 2021
Jun 10, 2021

Date

Expired

CRMLS: DW21018892

$1,250,000

Price
Jun 9, 2021

Date

Active

CRMLS: DW21018892

$1,250,000

Price
May 1, 2021

Date

Sold

CRMLS: DW21018892

--

Price
Mar 30, 2021

Date

Pending

CRMLS: DW21018892

$1,250,000

Price
Mar 16, 2021

Date

Price Change

CRMLS: DW21018892

$1,250,000

Price
Mar 16, 2021

Date

Active

CRMLS: DW21018892

$1,100,000

Price
Feb 5, 2021

Date

Pending

CRMLS: DW21018892

$1,100,000

Price
Feb 3, 2021

Date

Active

CRMLS: DW21018892

$1,100,000

Price
Jan 29, 2021

Date

Coming Soon

CRMLS: DW21018892

$1,100,000

Price
Listing provided courtesy of CRMLS
February, 2017
Feb 23, 2017

Date

Sold (Public Records)

Public Records

--

Price
January, 2017
Jan 7, 2017

Date

Sold

CRMLS: 16153256

$900,000

Price
Nov 15, 2016

Date

Pending

CRMLS: 16153256

$1,050,000

Price
Aug 15, 2016

Date

Price Change

CRMLS: 16153256

$1,050,000

Price
Listing provided courtesy of CRMLS

Built in 1987-NON Rent Control. All Unit are 2+1. Contact Listing Agent for Setup.

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January, 2017
Jan 6, 2017

Date

Sold (Public Records)

Public Records

$900,000

Price

Tax History for 700 W 82nd St

Assessed Value (2020): $955,087

Year	Land Value	Improved Value	Assessed Value
2020	$689,785	$265,302	$955,087

Home Value Compared to the Market

This property vs the competition

700 W 82nd St sold on September 20, 2021 for 20.54% 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 $375 per/sqft which puts the price per square foot 48.2% lower than the current median sale per square foot for the city of Los Angeles.

About 700 W 82nd St

Detailed summary of property

700 W 82nd St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 3,600 living square feet, and sits on an approximately 9,319 square foot lot. 700 W 82nd St was first listed on ArdentRealEstateGroup.com on September 1, 2021. The homeowner sold the property for $1,350,000. 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 20.54% higher than the current median priced home. Local homes that are currently for sale include 6209 S Hoover St, 645 E 78th St and 10465 S Hoover St. While the average home in Los Angeles, CA is selling in 106 days, 700 W 82nd St has a days on market of 6 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 700 W 82nd St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 700 W 82nd St

Public county record property details

Beds: 6
Baths: 6
Year built: 1987
Sq. Ft.: 3,600
Lot Size: 9,318
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 264
APN: 6032-022-021

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$649,900

Median List Price/Sq.Ft.

$518

Median Sold Price

$717,000

Median Sold Price/Sq.Ft.

$513

Total Inventory

Median Sale to List Price %

102.58%

Avg Days on Market

Loan Type

Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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(714) 706-1823

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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.