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702 Forest Ave, Los Angeles, CA 90033
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702 Forest Ave Los Angeles, CA 90033

$675,000 Sold Price as of 07/29/2020
  • 5 Beds
  • 2 Baths
  • -- Sq.Ft.
Sold
$675,000 Sold Price as of 07/29/2020 Refinance Your Mortgage
Map preview of 702 Forest Ave, Los Angeles, CA 90033

Property Overview: 702 Forest Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, -- living square feet and 5,903 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1924 Classic Spanish Architecture on a corner lot in Boyle Heights, Living Room with decorative Batchelder Fireplace, wall sconce fixtures and Arched Casement Windows, Formal Dining Room w/ bay window, Central Hallway separates 3 Bedrooms from public areas, Built-in Storage, Utility Closet, Laundry Room, Vintage Glass Door Knobs thru out, Fully Fenced Yard, Near County USC Medical Center & Cal-State LA. Walk to Metro. Plus second 2 bedroom house currently rented for $2000 per month to help with the mortgage.

Listed by Steve Stokes | BRE #00857214 | Echo Park Realty
Last checked: 11 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
5,903
HOA Dues
$0/mo
Year built
1924
Garage
1 Car
Property Type:
Multi Family
Status
Sold
MLS#
20584442
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.5
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $54,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 702 Forest Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Decorative, Living Room
Room Information
  • Flooring: Wood
  • Center Hall
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Window Features: Bay Window(s)
Exterior Features
Exterior Information
  • Other Structures: Guest House
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage - Single Door, Driveway
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5178009021
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: North of Cesar Chavez (Brooklyn) / East of Soto
View more facts & features

Local Los Angeles Agent

Sale History for 702 Forest Ave

Last sold for $675,000 on July 29th, 2020

  • July, 2020

  • Jul 30, 2020

    Date

    Sold

    CRMLS: 20584442

    $675,000

    Price

  • Jun 27, 2020

    Date

    Active Under Contract

    CRMLS: 20584442

    $675,000

    Price

  • May 30, 2020

    Date

    Active

    CRMLS: 20584442

    $675,000

    Price

  • March, 2012

  • Mar 1, 2012

    Date

    Sold (Public Records)

    Public Records

    $298,002

    Price

  • August, 2011

  • Aug 10, 2011

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 702 Forest Ave

Assessed Value (2020): $342,248
Year Land Value Improved Value Assessed Value
2020 $252,667 $89,581 $342,248

Home Value Compared to the Market

This property vs the competition

702 Forest Ave sold on July 29, 2020 for 43.28% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 702 Forest Ave

Detailed summary of property

702 Forest Ave is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 5 bedrooms, 2 bathrooms, roughly -- living square feet, and sits on an approximately 5,903 square foot lot. 702 Forest Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $675,000. 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 43.28% lower than the current median priced home. Local homes that are currently for sale include 3862 N Broadway, 3448 Hunter St and 4173 Hubbard St. While the average home in Los Angeles, CA is selling in 92 days, 702 Forest Ave has a days on market of 28 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 702 Forest Ave Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 702 Forest Ave

Public county record property details
Beds
6
Baths
2
Year built
1924
Sq. Ft.
1,931
Lot Size
5,903
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,20
APN
5178-009-021

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
11
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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