7031 Flight Ave, Los Angeles, CA 90045
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7031 Flight Ave Los Angeles, CA 90045

$1,465,000 Sold Price as of 09/14/2023
  • 6 Beds
  • 3 Baths
  • 2,352 Sq.Ft.
Sold
$1,465,000 Sold Price as of 09/14/2023 Refinance Your Mortgage

Map preview of 7031 Flight Ave, Los Angeles, CA 90045

Property Overview: 7031 Flight Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,352 living square feet and 7,213 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: In the heart of Westchester lies this well-maintained cozy triplex on a large-sized lot. The building comprises 3 ample-sized units with 2 Bed 1 Bath each and a detached 1-car garage servicing each unit. This income property offers a new owner, investor, or end user an opportunity to live in one and earn income from the others. Minutes away from LAX, beaches, and centrally located close to public transportation, eateries, malls, and freeways. There are a total of 6 Beds, 3 Baths, and a detached 3-car garage separated by walls. Two units are Tenant occupied.Each unit has its own address: 7031 (front unit) 7033 (Downstairs unit) 7035 (upstairs unit).

Listed by Deborah De La Riva | BRE #02011346 | Greenpoint Real Estate Services
Last checked: 5 minutes ago | Last updated: September 15th, 2023 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
7,213
HOA Dues
$0/mo
Year built
1951
Garage
3 Car
Property Type:
Triplex
Status
Sold
MLS#
DW23107606
City
Los Angeles
County
Los Angeles
Time on Site
330 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $2,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,700
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,250
  • Net Operating Income: $4,250
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Trash: $500
  • Insurance: $1,200
  • Water/Sewer: $1,500

Virtual Tour

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Property Details for 7031 Flight Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • Has Fireplace
  • Dining Room, Kitchen, Living Room, Gas
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Levels: Two
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wood, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Detached Carport
Lot Information
  • Lot Features: Front Yard, Lot 6500-9999, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 3
  • Parcel Number: 4103007011
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W CENTINELA
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 7031 Flight Ave

Last sold for $1,465,000 on September 14th, 2023
  • September, 2023

  • Sep 14, 2023

    Date

    Sold

    CRMLS: DW23107606

    $1,465,000

    Price

  • Jun 16, 2023

    Date

    Active

    CRMLS: DW23107606

    $1,499,000

    Price

  • March, 2022

  • Mar 23, 2022

    Date

    Sold

    CRMLS: 21113319

    $1,300,000

    Price

  • Dec 21, 2021

    Date

    Active

    CRMLS: 21113319

    $1,299,000

    Price

  • Listing provided courtesy of CRMLS

    In the heart of Westchester lies this well maintained cozy triplex on a large sized lot. The building comprises 3 ample sized units with 2 Bed 1 Bath each and a detached 1- car garage servicing each unit. This income property offers a new owner, investor or end user an opportunity to live in one and earn income from the others. Minutes away from LAX, beaches and centrally located close to public transportation, eateries, malls and the freeways. There are a total of 6 Beds, 3 Baths and a detached 3- car garage separated by walls. Tenant occupied and will be delivered as such. Buyers to comply with seller's 1031 exchange. This rare investment opportunity won't last, submit an offer now! Each unit has its own address: 7031 (front unit) 7033 (Downstairs unit) 7035 (upstairs unit). Shown with accepted offer

  • February, 2019

  • Feb 9, 2019

    Date

    Expired

    CRMLS: 18373678

    $1,495,000

    Price

  • Aug 8, 2018

    Date

    Active

    CRMLS: 18373678

    $1,495,000

    Price

  • Listing provided courtesy of CRMLS

    Seller wishes Not to receive any soliciting calls! Wonderful property for owner occupied or great potential for building. Three spacious units. Large private yard. Each unit has its own private garage. Great starter investment property. Spacious. Great location and close to schools, frewways, med care and shopping.

  • October, 1997

  • Oct 1, 1997

    Date

    Sold (Public Records)

    Public Records

    $252,000

    Price

Show More

Tax History for 7031 Flight Ave

Assessed Value (2020): $513,908
Year Land Value Improved Value Assessed Value
2020 $310,001 $203,907 $513,908

Home Value Compared to the Market

This property vs the competition

7031 Flight Ave sold on September 14, 2023 for 25.97% 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 $637.33 per/sqft which puts the price per square foot 15.59% lower than the current median sale per square foot for the city of Los Angeles.

About 7031 Flight Ave

Detailed summary of property

7031 Flight Ave is a triplex that recently sold in Los Angeles, CA 90045. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,352 living square feet, and sits on an approximately 7,213 square foot lot. 7031 Flight Ave was first listed on ArdentRealEstateGroup.com on June 16, 2023. The homeowner sold the property for $1,465,000. 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 25.97% higher than the current median priced home. Local homes that are currently for sale include 2720 S Sycamore Ave, 3501 Keystone Ave and 4136 Leimert Blvd. While the average home in Los Angeles, CA is selling in 93 days, 7031 Flight Ave has a days on market of 47 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 7031 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 7031 Flight Ave

Public county record property details
Beds
6
Baths
3
Year built
1951
Sq. Ft.
2,352
Lot Size
7,211
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
4103-007-011

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%)

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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.