7045 S La Cienega Blvd, Los Angeles, CA 90045
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7045 S La Cienega Blvd Los Angeles, CA 90045

$1,800,000
  • 7 Beds
  • 5 Baths
  • 3,706 Sq.Ft.
For Sale
$1,800,000 Get Pre-Qualified

Map preview of 7045 S La Cienega Blvd, Los Angeles, CA 90045

Property Overview: 7045 S La Cienega Blvd Los Angeles, CA has 7 bedrooms, 5 bathrooms, 3,706 living square feet and 7,204 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: Four short term, month to month, Airbnb rentals plus one section 8 unit. Airbnb rentals are projected. Convenient location. Near Ladeira Heights, Westchester, Sofi Stadium, Intuit Dome, LAX, Loyola, and Kenneth Hahn State Park.

Listed by Wes Wellman | BRE #00467451 | Wellman Realty Co.
Last checked: 7 minutes ago | Last updated: June 8th, 2024 | Source CRMLS | DOM: 29
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,204
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24395663
City
Los Angeles
County
Los Angeles
Time on Site
25 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,209
  • Total Rent: $1,209
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Furnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Furnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.35%
  • Gross Rent Multiplier: 11.35
  • Gross Scheduled Income: --
  • Net Operating Income: $96,381
  • Gross Operating Income: $158,508
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 7045 S La Cienega Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Garage Door Opener
Property Information
  • No View
  • View: None
  • Total # of Units: 5
  • Parcel Number: 4103014005
  • Architectural Style: Traditional
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: South of Jefferson
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Sale History for 7045 S La Cienega Blvd

Last sold on April 8th, 2019
  • May, 2024

  • May 31, 2024

    Date

    Active

    CRMLS: 24395663

    $1,800,000

    Price

  • July, 2020

  • Jul 3, 2020

    Date

    Expired

    CRMLS: 20569058

    $2,495

    Price

  • Jun 10, 2020

    Date

    Withdrawn

    CRMLS: 20569058

    $2,495

    Price

  • May 21, 2020

    Date

    Hold

    CRMLS: 20569058

    $2,495

    Price

  • Apr 4, 2020

    Date

    Active

    CRMLS: 20569058

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Updated unit in small 5 unit complex. available May 1st Easy freeway access and close to all. Laundry in unit. price is furnished

  • April, 2019

  • Apr 8, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2018

  • Dec 28, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,125,000

    Price

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Tax History for 7045 S La Cienega Blvd

Assessed Value (2020): $1,147,500
Year Land Value Improved Value Assessed Value
2020 $918,000 $229,500 $1,147,500

Home Value Compared to the Market

This property vs the competition

7045 S La Cienega Blvd is listed 45.63% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $485.7 per/sqft which puts the price per square foot 37.33% lower than the median price per square foot for the city of Los Angeles.

About 7045 S La Cienega Blvd

Detailed summary of property

7045 S La Cienega Blvd is a multi family located in Los Angeles, CA 90045 and is currently for sale. This multi family property offers 7 bedrooms, 5 bathrooms, roughly 3,706 living square feet, and sits on an approximately 7,204 square foot lot. 7045 S La Cienega Blvd was first listed on ArdentRealEstateGroup.com on June 3, 2024. The homeowner is currently asking $1,800,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.63% higher than the median priced home. Local competing homes currently for sale include 3008 Stocker St, 4726 4th Ave and 2908 S Sycamore Ave. While the average home in Los Angeles, CA is selling in 99 days, 7045 S La Cienega Blvd has a days on market of 29 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 7045 S La Cienega Blvd 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 7045 S La Cienega Blvd

Public county record property details
Beds
6
Baths
5
Year built
1953
Sq. Ft.
3,706
Lot Size
7,201
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
4103-014-005

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
$1,699,000
Median List Price/Sq.Ft.
$845
Median Sold Price
$1,565,000
Median Sold Price/Sq.Ft.
$896
Total Inventory
108
Median Sale to List Price %
94.91%
Avg Days on Market
26
Loan Type
Conventional (24.24%), FHA (0%), VA (0%), Cash (24.24%), Other (12.12%)

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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.