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731 E Jefferson Blvd Los Angeles, CA 90011

$1,100,000 Sold Price as of 02/08/2021

1 Beds
1 Baths
3,200 Sq.Ft.

Sold

$1,100,000 Sold Price as of 02/08/2021 Refinance Your Mortgage

Map preview of 731 E Jefferson Blvd, Los Angeles, CA 90011

Property Overview: 731 E Jefferson Blvd Los Angeles, CA has 1 bedrooms, 1 bathrooms, 3,200 living square feet and 5,428 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer this seven unit offering, located in the City of Los Angeles. The unit mix consists of six 1+1 units and one 2+2 w/ Den unit. The investment consists of approximately 3,200 of rentable square feet and is situated on an approximately 5,428 square foot parcel. Recent property upgrades include updated aluminum windows throughout, new exterior lighting, new exterior paint, new exterior building and unit numbers. The building amenities include a large driveway with ample secure parking including the potential to add a common area laundry room for additional income, and the property is separately metered for both gas & electricity. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is not subject to the Los Angeles Soft-Story Retrofit Program.

Listed by Ian Hollinger | BRE #01889125 | BRC Advisors- BH
Co-listed by Griffin White | BRE #02031785 | BRC Advisors- BH

Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft: 5,428
HOA Dues: $0/mo
Year built: 1955
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 20634836
City: Los Angeles
County: Los Angeles
Time on Site: 1211 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 7
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Total Rent: $0

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 0
Gross Scheduled Income: --
Net Operating Income: $0
Gross Operating Income: $0

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 731 E Jefferson Blvd

Interior Features

Cooling Information

No Cooling
None

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Driveway

Property Information

Total # of Units: 7
Parcel Number: 5120023019

Location / Neighborhood

Location Information

Directions: The subject property is located in the City of Los Angeles. The property is situated south of Adams Boulevard, North of Martin Luther King Jr. Boulevard, West of Central Avenue and East of San Pedro Street.

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Local Los Angeles Agent

Sale History for 731 E Jefferson Blvd

Last sold for $1,100,000 on February 8th, 2021

April, 2021
Apr 28, 2021

Date

Sold

CRMLS: 20634836

$1,100,000

Price
Oct 22, 2020

Date

Active Under Contract

CRMLS: 20634836

$1,195,000

Price
Sep 18, 2020

Date

Active

CRMLS: 20634836

$1,195,000

Price
February, 2021
Feb 5, 2021

Date

Sold (Public Records)

Public Records

$1,100,000

Price
March, 2019
Mar 29, 2019

Date

Sold (Public Records)

Public Records

$970,000

Price

Tax History for 731 E Jefferson Blvd

Assessed Value (2020): $989,400

Year	Land Value	Improved Value	Assessed Value
2020	$387,600	$601,800	$989,400

Home Value Compared to the Market

This property vs the competition

731 E Jefferson Blvd sold on February 8, 2021 for 0.42% 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 $373.44 per/sqft which puts the price per square foot 50.54% lower than the current median sale per square foot for the city of Los Angeles.

About 731 E Jefferson Blvd

Detailed summary of property

731 E Jefferson Blvd is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 1 bedrooms, 1 bathrooms, roughly 3,200 living square feet, and sits on an approximately 5,428 square foot lot. 731 E Jefferson Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,100,000. 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 0.42% higher than the current median priced home. Local homes that are currently for sale include 4206 Naomi Ave, 4701 Avalon Blvd and 1247 E Vernon Ave. While the average home in Los Angeles, CA is selling in 94 days, 731 E Jefferson Blvd has a days on market of 33 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 731 E Jefferson Blvd Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 731 E Jefferson Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1955
Sq. Ft.: 3,200
Lot Size: 5,428
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 190
APN: 5120-023-019

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$650,000

Median List Price/Sq.Ft.

$460

Median Sold Price

$550,000

Median Sold Price/Sq.Ft.

$405

Total Inventory

Median Sale to List Price %

104.76%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.