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717 N Benton Way, Los Angeles, CA 90026
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717 N Benton Way Los Angeles, CA 90026

$1,335,000 Sold Price as of 10/26/2021
  • 4314 Beds
  • 2878 Baths
  • 3,104 Sq.Ft.
Sold
$1,335,000 Sold Price as of 10/26/2021 Refinance Your Mortgage
Map preview of 717 N Benton Way, Los Angeles, CA 90026

Property Overview: 717 N Benton Way Los Angeles, CA has 4314 bedrooms, 2878 bathrooms, 3,104 living square feet and 6,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LARGE UNIT VACANT! 4 unit building in exceptional Echo Park location.Walk to Hip eats and shopping. Easy access to 101 freeway and downtown. The 2 upper units are 2 bedrooms each with very large open Living/Dining, fireplace facade, original details. 2 lower units are 1 bedroom each. 7 off street parking spots! Updated plumbing in 2019. Updated foundation work in 2018. Fantastic money maker and super easy to rent. Very large yard for tenant BBQs and gatherings or to build. Painted in 2019. Very good rents and some with upside potential. PLEASE DO NOT KNOCK OR DISTURB TENANTS. Drive by only. Viewings with an accepted offer.

Listed by Amanda Collins | BRE #01394757 | Amanda Collins Real Estate
Last checked: 9 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
6,000
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21758582
City
Los Angeles
County
Los Angeles
Time on Site
1168 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
Unit Breakdown 1
  • # of Units: 717
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $1,883
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 719
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 721
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,033
  • Pro Forma/Market Rent: $2,033
Unit Breakdown 4
  • # of Units: 721
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $603
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.3
  • Gross Scheduled Income: --
  • Net Operating Income: $81,461
  • Gross Operating Income: $85,421
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 717 N Benton Way

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Stackable, Upper Level
Fireplace Information
  • Has Fireplace
  • Decorative, Family Room
Room Information
  • Flooring: Carpet, Wood, Laminate
  • Great Room
Kitchen Information
  • Has Appliances
  • Refrigerator, Gas Cooktop, Gas Oven
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Private
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Estimated
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5402007024
  • Foundation Details: Block
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: 2 blocks South of Sunset Blvd. 2 blocks north of 101 freeway. West side of the street.
View more facts & features

Local Los Angeles Agent

Sale History for 717 N Benton Way

Last sold for $1,335,000 on October 26th, 2021

  • August, 2021

  • Aug 21, 2021

    Date

    Price Change

    CRMLS: 21758582

    $1,275,000

    Price

  • Jul 29, 2021

    Date

    Price Change

    CRMLS: 21758582

    $1,295,000

    Price

  • Jul 9, 2021

    Date

    Active

    CRMLS: 21758582

    $1,395,000

    Price

  • March, 2021

  • Mar 3, 2021

    Date

    Canceled

    CRMLS: 21697218

    $1,395,000

    Price

  • Feb 26, 2021

    Date

    Active

    CRMLS: 21697218

    $1,395,000

    Price

  • Feb 24, 2021

    Date

    Coming Soon

    CRMLS: 21697218

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    4 unit building in exceptional Echo Park location.Walk to Hip eats and shopping. Easy access to 101 freeway and downtown. The 2 upper units are 2 bedrooms each with very large open Living/Dining, fireplace facade, original details. 2 lower units are 1 bedroom each. 7 off street parking spots! Updated plumbing in 2019. Updated foundation work in 2018. Fantastic money maker and super easy to rent. Very large yard for tenant BBQs and gatherings or to build. Painted in 2019. Very good rents and some with upside potential. PLEASE DO NOT KNOCK OR DISTURB TENANTS. Drive by only. Viewings with an accepted offer.

  • June, 2002

  • Jun 3, 2002

    Date

    Sold (Public Records)

    Public Records

    $335,000

    Price

Show More

Tax History for 717 N Benton Way

Assessed Value (2020): $453,082
Year Land Value Improved Value Assessed Value
2020 $344,447 $108,635 $453,082

Home Value Compared to the Market

This property vs the competition

717 N Benton Way sold on October 26, 2021 for 13.84% 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 $410.76 per/sqft which puts the price per square foot 43.27% lower than the current median sale per square foot for the city of Los Angeles.

About 717 N Benton Way

Detailed summary of property

717 N Benton Way is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 4314 bedrooms, 2878 bathrooms, roughly 3,104 living square feet, and sits on an approximately 6,000 square foot lot. 717 N Benton Way was first listed on ArdentRealEstateGroup.com on July 9, 2021. The homeowner sold the property for $1,335,000. 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 13.84% higher than the current median priced home. Local homes that are currently for sale include 1920 Kent St, 146 N Vendome St and 250 N Alvarado St. While the average home in Los Angeles, CA is selling in 106 days, 717 N Benton Way has a days on market of 70 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 717 N Benton Way Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 717 N Benton Way

Public county record property details
Beds
3
Baths
4
Year built
1923
Sq. Ft.
3,104
Lot Size
7,140
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6,24
APN
5402-007-024

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 717 N Benton Way

815 N Benton Way, Los Angeles, CA 90026
$2,000,000 Last Sold Price
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10 Baths
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815 N Benton Way
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$1,125,000 Last Sold Price
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2516 Kent St, Los Angeles, CA 90026
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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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