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7271 West Manchester Avenue, Los Angeles, CA 90045
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7271 West Manchester Avenue Los Angeles, CA 90045

$1,500,000 Sold Price as of 05/02/2024
  • 9 Beds
  • 5 Baths
  • 3,900 Sq.Ft.
Sold
$1,500,000 Sold Price as of 05/02/2024 Refinance Your Mortgage
Map preview of 7271 West Manchester Avenue, Los Angeles, CA 90045

Property Overview: 7271 West Manchester Avenue Los Angeles, CA has 9 bedrooms, 5 bathrooms, 3,900 living square feet and 5,250 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Outstanding multi-unit real estate income opportunity in a desirable seaside community—this quaint complex is comprised of 5 units in total and is located west of Lincoln Blvd in the exciting hub for tech innovation—only 4 blocks away to Playa del Rey near Loyola Marymount University and Silicon Beach. This sought-after area of Westchester offers residents urban-suburban living within trendy upscale restaurants, shopping, coffee shops, schools, and parks. This is a property to view and consider adding to your portfolio. Love Where You Live…

Listed by Claire Gillespie | BRE #01474250 | Vista Sotheby’s International Realty
Co-listed by Margaret Gillespie | BRE #01899232 | Vista Sotheby’s International Realty
Last checked: 32 seconds ago | Last updated: May 2nd, 2024 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
5,250
HOA Dues
$0/mo
Year built
1954
Garage
4 Car
Property Type:
Condominium
Status
Sold
MLS#
SB24013935
City
Los Angeles
County
Los Angeles
Time on Site
94 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 5
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,606
  • Total Rent: $1,606
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,216
  • Total Rent: $1,216
  • Pro Forma/Market Rent: $1,265
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,028
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,606
  • Total Rent: $1,606
  • Pro Forma/Market Rent: $1,670
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 4
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $76,536
  • Net Operating Income: $69,647
  • Gross Operating Income: $76,536
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $6,493
  • Electric: $780
  • Gas/Fuel: $0
  • Licenses: $600
  • New Taxes: $0
  • Trash: $785
  • Gardener: $800
  • Insurance: $0
  • Maintenance: $0
  • Professional Management: $0
  • Water/Sewer: $1,125
  • Other Expenses: $2,000
  • Other Expense Description: hydrojet

Property Details for 7271 West Manchester Avenue

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: West of Lincoln Blvd
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 7271 West Manchester Avenue

Last sold for $1,500,000 on May 2nd, 2024

  • May, 2024

  • May 2, 2024

    Date

    Sold

    CRMLS: SB24013935

    $1,500,000

    Price

  • Feb 12, 2024

    Date

    Active

    CRMLS: SB24013935

    $1,699,000

    Price

Tax History for 7271 West Manchester Avenue

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

7271 West Manchester Avenue sold on May 2, 2024 for 42.77% 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 $435.64 per/sqft which puts the price per square foot 42.3% lower than the current median sale per square foot for the city of Los Angeles.

About 7271 West Manchester Avenue

Detailed summary of property

7271 West Manchester Avenue is a condominium that recently sold in Los Angeles, CA 90045. This condo offered 9 bedrooms, 5 bathrooms, roughly 3,900 living square feet, and sits on an approximately 5,250 square foot lot. 7271 West Manchester Avenue was first listed on ArdentRealEstateGroup.com on February 12, 2024. The homeowner sold the property for $1,500,000. 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 42.77% higher than the current median priced home. Local homes that are currently for sale include 7101 Dunfield Ave, 7401 S Sepulveda Blvd #119 and 12128 Allin St. While the average home in Los Angeles, CA is selling in 94 days, 7271 West Manchester Avenue has a days on market of 17 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 7271 West Manchester Avenue 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 7271 West Manchester Avenue

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$1,599,000
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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Recently Sold Homes Near 7271 West Manchester Avenue

7301 W Manchester Ave #110, Los Angeles, CA 90045
$829,000 Last Sold Price
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2 Baths
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7301 W Manchester Ave #110
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7301 W Manchester Ave #113, Los Angeles, CA 90045
$930,000 Last Sold Price
3 Beds
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7301 W Manchester Ave #113
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7138 W 85th St #3, Los Angeles, CA 90045
$600,000 Last Sold Price
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7138 W 85th St #3
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7138 W 85th St #2, Los Angeles, CA 90045
$592,500 Last Sold Price
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954 Sq.Ft.
7138 W 85th St #2
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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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