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729 Yale St, Los Angeles, CA 90012
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729 Yale St Los Angeles, CA 90012

$1,780,000 Sold Price as of 05/31/2022
  • 15 Beds
  • 9 Baths
  • 7,684 Sq.Ft.
Sold
$1,780,000 Sold Price as of 05/31/2022 Refinance Your Mortgage
Map preview of 729 Yale St, Los Angeles, CA 90012

Property Overview: 729 Yale St Los Angeles, CA has 15 bedrooms, 9 bathrooms, 7,684 living square feet and 9,165 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Best location next to School, Bus Station, Banks, Restaurants, Grocery store bank and much more! This 7 Units Apartment located in the most convenient area of China Town. With just a couple of minutes away from central Downtown of Los Angeles, this staple income Apartment can give you the best return of your investment. All Tenants are long-term Tenants with under market rents.

Listed by Qiu Autumn Yuan | BRE #01801341 | Re/Max Premier Prop Arcadia
Last checked: 2 minutes ago | Last updated: September 23rd, 2022 | Source CRMLS | DOM: 194

Home details

Lot Sq. Ft
9,165
HOA Dues
$0/mo
Year built
1973
Garage
7 Car
Property Type:
Multi Family
Status
Sold
MLS#
AR21154455
City
Los Angeles
County
Los Angeles
Time on Site
1032 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 1
  • # of Leased Units: 7
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,068
  • Total Rent: $1,068
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,966
  • Total Rent: $1,966
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,506
  • Total Rent: $1,506
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,112
  • Total Rent: $1,112
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,038
  • Total Rent: $1,038
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,137
  • Total Rent: $1,137
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,012
  • Total Rent: $1,012
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $106,126
  • Net Operating Income: $66,895
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $39,230
  • New Taxes: $22,823
  • Trash: $0
  • Insurance: $3,145
  • Maintenance: $1,200
  • Professional Management: $0
  • Water/Sewer: $12,063

Property Details for 729 Yale St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Garage
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 7
  • Parcel Number: 5407024018
  • Year Built Source: Assessor
  • Property is not Attached
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: North Hill Street & Alpine Street
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 729 Yale St

Last sold for $1,780,000 on May 31st, 2022

  • July, 2021

  • Jul 22, 2021

    Date

    Active

    CRMLS: AR21154455

    $1,980,000

    Price

  • July, 2019

  • Jul 1, 2019

    Date

    Expired

    CRMLS: AR19059795

    $1,880,000

    Price

  • Jun 10, 2019

    Date

    Withdrawn

    CRMLS: AR19059795

    $1,880,000

    Price

  • Apr 17, 2019

    Date

    Active

    CRMLS: AR19059795

    $1,880,000

    Price

  • Apr 2, 2019

    Date

    Active Under Contract

    CRMLS: AR19059795

    $1,880,000

    Price

  • Mar 18, 2019

    Date

    Active

    CRMLS: AR19059795

    $1,880,000

    Price

  • Listing provided courtesy of CRMLS

    Location, Location, Location! This 7 Units Apartment located in the most convenient area of China Town nearby School, Bus Station, Banks, Restaurants, etc. With just a couple of minutes away from central Downtown of Los Angeles,this staple income Apartment can give you the best return of your investment. All Tenants are long-term Tenants with under market rents.

  • February, 2017

  • Feb 8, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,640,000

    Price

  • December, 2013

  • Dec 4, 2013

    Date

    Sold (Public Records)

    Public Records

    $965,000

    Price

Show More

Tax History for 729 Yale St

Assessed Value (2020): $1,740,380
Year Land Value Improved Value Assessed Value
2020 $1,167,328 $573,052 $1,740,380

Home Value Compared to the Market

This property vs the competition

729 Yale St sold on May 31, 2022 for 66.39% 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 $257.68 per/sqft which puts the price per square foot 65.87% lower than the current median sale per square foot for the city of Los Angeles.

About 729 Yale St

Detailed summary of property

729 Yale St is a multi family that recently sold in Los Angeles, CA 90012. This multi family property offered 15 bedrooms, 9 bathrooms, roughly 7,684 living square feet, and sits on an approximately 9,165 square foot lot. 729 Yale St was first listed on ArdentRealEstateGroup.com on July 22, 2021. The homeowner sold the property for $1,780,000. 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 66.39% higher than the current median priced home. Local homes that are currently for sale include 155 S Alvarado St, 1927 Johnston St and 2226 Branden St. While the average home in Los Angeles, CA is selling in 92 days, 729 Yale St has a days on market of 194 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 729 Yale St Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 729 Yale St

Public county record property details
Beds
15
Baths
9
Year built
1973
Sq. Ft.
7,684
Lot Size
9,165
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1-2
APN
5407-024-018

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$585
Median Sold Price
$462,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
58
Median Sale to List Price %
92.69%
Avg Days on Market
97
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?

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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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