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7017 Flight Ave, Los Angeles, CA 90045
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7017 Flight Ave Los Angeles, CA 90045

$1,399,000
  • 4 Beds
  • 4 Baths
  • 2,275 Sq.Ft.
Back Up Offer
$1,399,000 Get Pre-Qualified
Map preview of 7017 Flight Ave, Los Angeles, CA 90045

Property Overview: 7017 Flight Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,275 living square feet and 5,945 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 4-plex currently has TWO vacancies (2+1 & 1+1), great for owner occupancy!! One 2+1, two 1+1 and one single. The single and the garage make up the rear structure. Well maintained. The current tenants are easy to deal with, are all employed and current on rent. No back rent is owed. There appears to be room to build an ADU.

Listed by David Rosenfeld | BRE #01109090 | Advantage Real Estate
Last checked: 2 minutes ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 74
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Home details

Lot Sq. Ft
5,945
HOA Dues
$0/mo
Year built
1950
Garage
3 Car
Property Type:
Multi Family
Status
Back Up Offer
MLS#
24353833
City
Los Angeles
County
Los Angeles
Time on Site
80 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,281
  • Total Rent: $1,281
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,064
  • Total Rent: $2,064
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.5%
  • Gross Rent Multiplier: 13.03
  • Gross Scheduled Income: --
  • Net Operating Income: $76,902
  • Gross Operating Income: $107,358
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 7017 Flight Ave

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Property Details for 7017 Flight Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Dishwasher, Range
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 4103007013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of La Tijera Blvd, East of Thronburn Street
View more facts & features

Local Los Angeles Agent

Sale History for 7017 Flight Ave

Last sold on May 14th, 2014

  • March, 2024

  • Mar 31, 2024

    Date

    Back Up Offer

    CRMLS: 24353833

    $1,399,000

    Price

  • Feb 6, 2024

    Date

    Active

    CRMLS: 24353833

    $1,399,000

    Price

  • January, 2024

  • Jan 5, 2024

    Date

    Canceled

    CRMLS: 23323417

    $1,399,000

    Price

  • Nov 1, 2023

    Date

    Active

    CRMLS: 23323417

    $1,399,000

    Price

  • Listing provided courtesy of CRMLS

    4-plex being delivered with one vacancy (1+1), gret for owner occupancy!! One 2+1, two 1+1 and one single. The single and the garage make up the rear structure. Passed the SCEP inspection early this year. Well maintained. The current tenants are easy to deal with, are all employed and current on rent. No back rent is owed. There appears to be room to build an ADU.

  • May, 2014

  • May 14, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2013

  • Aug 22, 2013

    Date

    Sold (Public Records)

    Public Records

    $670,000

    Price

Show More

Tax History for 7017 Flight Ave

Assessed Value (2020): $750,993
Year Land Value Improved Value Assessed Value
2020 $448,355 $302,638 $750,993

Home Value Compared to the Market

This property vs the competition

7017 Flight Ave is listed 12.01% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $614.95 per/sqft which puts the price per square foot 20.34% lower than the median price per square foot for the city of Los Angeles.

About 7017 Flight Ave

Detailed summary of property

7017 Flight Ave is a multi family located in Los Angeles, CA 90045 and is currently in escrow to be sold. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 2,275 living square feet, and sits on an approximately 5,945 square foot lot. 7017 Flight Ave was first listed on ArdentRealEstateGroup.com on February 7, 2024. The homeowner is currently asking $1,399,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 12.01% higher than the median priced home. Local competing homes currently for sale include 3018 W Slauson Ave, 3313 W 48th St and 12000 Sylvester St. While the average home in Los Angeles, CA is selling in 97 days, 7017 Flight Ave has a days on market of 74 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 7017 Flight 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 7017 Flight Ave

Public county record property details
Beds
4
Baths
4
Year built
1950
Sq. Ft.
2,275
Lot Size
5,872
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
4103-007-013

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
$1,650,000
Median List Price/Sq.Ft.
$876
Median Sold Price
$1,340,000
Median Sold Price/Sq.Ft.
$835
Total Inventory
92
Median Sale to List Price %
99.26%
Avg Days on Market
27
Loan Type
Conventional (21.05%), FHA (0%), VA (0%), Cash (15.79%), Other (21.05%)

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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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