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7223 S Denker Ave, Los Angeles, CA 90047
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7223 S Denker Ave Los Angeles, CA 90047

$750,000 Sold Price as of 01/18/2024
  • 4 Beds
  • 2 Baths
  • 1,402 Sq.Ft.
Sold
$750,000 Sold Price as of 01/18/2024 Refinance Your Mortgage
Map preview of 7223 S Denker Ave, Los Angeles, CA 90047

Property Overview: 7223 S Denker Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,402 living square feet and 5,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is the One: **Live Smart...Rent 1 and Live in 1** Welcome to the vibrant 90047 zip code, this 2-unit income producing duplex in South Los Angeles is centrally located to all the stadiums (SOFI, Hollywood Park Entertainment Center, the BMO LAFC Stadium, Great Western Forum, future Clippers Stadium) 12 mins to USC Village Hub with Trader Joe's, Downtown LA, and 110/105 Freeway. This is a great opportunity for first time Buyer or an extended family to get their foot in the door to an area that is still growing with new construction projects, for example the new Crenshaw Line will transport you to LAX airport hassle-free. Front Unit is a functional 3-bedroom 1 full size bathroom featuring a large kitchen with a separate dining area & an adjacent laundry area with its own rear exit door. Rear Unit is a 1 bedroom & 1-bathroom ADU (built 2018) with its own address. Units are detached with individual green yards for summertime family gatherings. This property is a great investment opportunity for you. This design choice is invaluable to renters, who appreciate having their own separate living quarters & outdoor space including the convenience of parking access. Call listing agent for additional information! See you in escrow.

Listed by XIO SANDOVAL | BRE #01308913 | CENTURY 21 REALTY MASTERS
Last checked: 14 minutes ago | Last updated: January 18th, 2024 | Source CRMLS | DOM: 204

Home details

Lot Sq. Ft
5,200
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
MB23100100
City
Los Angeles
County
Los Angeles
Time on Site
470 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.1%
  • Gross Rent Multiplier: 17.63
  • Gross Scheduled Income: $46,800
  • Net Operating Income: $33,860
  • Gross Operating Income: $44,928
  • Vacancy Allowance: $1,872
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $12,940
  • New Taxes: $10,312
  • Trash: $578
  • Insurance: $1,500
  • Water/Sewer: $0

Property Details for 7223 S Denker Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Driveway
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6018004020
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 4
  • Property is not Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Assessment Information
  • Has Assessments
  • Assessments: Buyer to Verify
Location / Neighborhood
Location Information
  • Directions: Off Florence and Western
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 7223 S Denker Ave

Last sold for $750,000 on January 18th, 2024

  • January, 2024

  • Jan 18, 2024

    Date

    Sold

    CRMLS: MB23100100

    $750,000

    Price

  • Jun 6, 2023

    Date

    Active

    CRMLS: MB23100100

    $825,000

    Price

  • December, 2018

  • Dec 19, 2018

    Date

    Sold

    CRMLS: DW18237921

    $619,000

    Price

  • Dec 17, 2018

    Date

    Pending

    CRMLS: DW18237921

    $619,000

    Price

  • Dec 12, 2018

    Date

    Sold

    CRMLS: DW18237921

    $619,000

    Price

  • Nov 24, 2018

    Date

    Active Under Contract

    CRMLS: DW18237921

    $619,000

    Price

  • Sep 30, 2018

    Date

    Active

    CRMLS: DW18237921

    $619,000

    Price

  • Listing provided courtesy of CRMLS

    This Duplex is low maintenance and 100% vacant. The property consist of 2 separate houses that sit on a large lot. Front house is fully remodeled, vacant, move in ready. Features 3 bedrooms and 1 large full bathroom, separate bathtub and shower, with a warm and inviting open floor plan layout, great size kitchen with ample counter space and cabinets, great size dinning area in kitchen. Front house has central AC. Rear house (ADU), features 1 bedroom and 1 bathroom, open floor plan, new construction. Common yard between both houses that is partially paved and a large grass area, perfect for entertaining. Low maintenance yards. Two structures on the lot. Long paved driveway for up to 4+ cars and gated. Centrally located, near public transit, freeways and shopping areas. Definitely a great buy and hold or owner to live in one and rent the other.

  • December, 2018

  • Dec 19, 2018

    Date

    Sold (Public Records)

    Public Records

    $619,000

    Price

  • July, 2018

  • Jul 20, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7223 S Denker Ave

Assessed Value (2020): $631,380
Year Land Value Improved Value Assessed Value
2020 $377,400 $253,980 $631,380

Home Value Compared to the Market

This property vs the competition

7223 S Denker Ave sold on January 18, 2024 for 26.34% lower 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 $588.45 per/sqft which puts the price per square foot 18.72% lower than the current median sale per square foot for the city of Los Angeles.

About 7223 S Denker Ave

Detailed summary of property

7223 S Denker Ave is a duplex that recently sold in Los Angeles, CA 90047. This duplex offered 4 bedrooms, 2 bathrooms, roughly 1,402 living square feet, and sits on an approximately 5,200 square foot lot. 7223 S Denker Ave was first listed on ArdentRealEstateGroup.com on June 7, 2023. The homeowner sold the property for $750,000. 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 26.34% lower than the current median priced home. Local homes that are currently for sale include 1745 W 59th Pl, 1538 W 85th St and 6551 S Vermont Ave. While the average home in Los Angeles, CA is selling in 106 days, 7223 S Denker Ave has a days on market of 204 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 7223 S Denker Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7223 S Denker Ave

Public county record property details
Beds
2
Baths
1
Year built
1947
Sq. Ft.
1,042
Lot Size
5,200
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
6018-004-020

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$750,000
Median List Price/Sq.Ft.
$566
Median Sold Price
$795,000
Median Sold Price/Sq.Ft.
$561
Total Inventory
106
Median Sale to List Price %
99.39%
Avg Days on Market
43
Loan Type
Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

Thinking of Selling?

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(714) 706-1823

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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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