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732 Robinson St Los Angeles, CA 90026

$1,500,000 Sold Price as of 07/24/2019

5 Beds
5 Baths
2,892 Sq.Ft.

Sold

$1,500,000 Sold Price as of 07/24/2019 Refinance Your Mortgage

Map preview of 732 Robinson St, Los Angeles, CA 90026

Property Overview: 732 Robinson St Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,892 living square feet and 6,616 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: OWNER-USER Live in One Unit - FULLY RENOVATED 2 BEDROOM UNIT VACANT in June ... 4-Plex in Silver Lake Hills ... Super prime area near Marathon St. Walk to Cafecito Organico and the newest of new retail shops opening up on Hoover & Marathon Streets or visit nearby Sunset Junction. Two units gut-level renovated with central air, gorgeous baths/kitchens and amazing flooring (see the pics - best you'll find for any apt renovation) PLUS a ton of exterior upgrades ... too many to mention. Excellent unit mix and parking. Serene quite street - very chill, high-rent district. PLUS, plenty of rental upside.OWNER-USER - Live in One Unit - GUT LEVEL RENOVATED 2 BEDROOM UNIT with Central Air, VACANT in June

Listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Co-listed by Nick Astrupgaard | BRE #01893466 | KW Commercial Studio City

Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 61

Home details

Lot Sq. Ft: 6,616
HOA Dues: $0/mo
Year built: 1949
Garage: --
Property Type:: Multi Family

Status: Sold
MLS#: 19456300
City: Los Angeles
County: Los Angeles
Time on Site: 1260 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 4
Total # of Buildings: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $1,012
Total Rent: $1,012
Pro Forma/Market Rent: $2,650

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 2
Furnishing: Unfurnished
Actual Rent: $3,300
Total Rent: $3,300
Pro Forma/Market Rent: $3,300

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $2,650
Total Rent: $2,650
Pro Forma/Market Rent: $2,650

Unit Breakdown 4

# of Units: 1
# of Beds: 1
# of Baths: 1
Furnishing: Unfurnished
Actual Rent: $904
Total Rent: $904
Pro Forma/Market Rent: $2,650

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: 15.8
Gross Scheduled Income: --
Net Operating Income: $63,733
Gross Operating Income: $94,392
Improvements Total: $265,200

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 732 Robinson St

Interior Features

Cooling Information

Has Cooling
See Remarks

Laundry Information

Has Laundry
See Remarks

Lot Details / Garage and Parking

Parking/Garage Information

Has Parking
Parking Features: Uncovered, Other

Lot Information

Lot Size Source: Assessor

Property Information

Total # of Units: 4
Parcel Number: 5401017006

Location / Neighborhood

Location Information

Directions: South of Sunset Blvd and One block south of Marathon Street near Silver Lake Blvd.

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Local Los Angeles Agent

Sale History for 732 Robinson St

Last sold on December 11th, 2019

December, 2019
Dec 11, 2019

Date

Sold (Public Records)

Public Records

--

Price
July, 2019
Jul 26, 2019

Date

Sold

CRMLS: 19456300

$1,500,000

Price
Jun 17, 2019

Date

Pending

CRMLS: 19456300

$1,500,000

Price
Apr 17, 2019

Date

Active

CRMLS: 19456300

$1,500,000

Price
July, 2019
Jul 24, 2019

Date

Sold (Public Records)

Public Records

$1,500,000

Price
April, 2019
Apr 17, 2019

Date

Canceled

CRMLS: 18412674

$1,500,000

Price
Apr 15, 2019

Date

Price Change

CRMLS: 18412674

$1,500,000

Price
Mar 22, 2019

Date

Withdrawn

CRMLS: 18412674

$1,520,000

Price
Mar 18, 2019

Date

Active

CRMLS: 18412674

$1,520,000

Price
Mar 18, 2019

Date

Pending

CRMLS: 18412674

$1,520,000

Price
Dec 3, 2018

Date

Active

CRMLS: 18412674

$1,520,000

Price
Listing provided courtesy of CRMLS

Four Units located in the Silver Lake Hills, one of the most dynamic Los Angeles neighborhoods. Major renovations performed on the exterior, building systems and 2 units leaving the remaining 2 units for upside - excellent balance between stable current income and value-add upside. The property offers a functional and appealing unit mix of One (1) 2 bedroom and Three (3) 1 bedroom apartments. Two of the renovated units have undergone major gut-level renovations with completely new interiors (check out the pics - very nice). Drought resistant landscaping and a new exterior color palette and parking complete the scene. SUBMIT ASAP on this one - WON'T LAST!

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May, 2018
May 29, 2018

Date

Sold

CRMLS: 316004747

$910,000

Price
Listing provided courtesy of CRMLS

This charming fourplex is located on a quiet, tree-lined street in the highly- coveted neighborhood of Silverlake and is perfect for an owner/user looking for supplemental income or for an investor looking for steady cash flow. The property consists of (1) 2 bedroom-1 bath (app. 770 SF) and (3) 1 bedroom-1 bath units (app. 660-716 SF)with 2 large storage rooms under the units. Units currently rented on a month-to-month basis and have a lot of potential to make it your own. Sold as is.

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Tax History for 732 Robinson St

Assessed Value (2020): $1,500,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,000,000	$500,000	$1,500,000

Home Value Compared to the Market

This property vs the competition

732 Robinson St sold on July 24, 2019 for 32.74% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $518.67 per/sqft which puts the price per square foot 31.21% lower than the current median sale per square foot for the city of Los Angeles.

About 732 Robinson St

Detailed summary of property

732 Robinson St is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 5 bedrooms, 5 bathrooms, roughly 2,892 living square feet, and sits on an approximately 6,616 square foot lot. 732 Robinson St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,500,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.74% higher than the current median priced home. Local homes that are currently for sale include 155 S Alvarado St, 1932 Park Ave and 1932 Park Ave. While the average home in Los Angeles, CA is selling in 98 days, 732 Robinson St has a days on market of 61 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 732 Robinson St 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 732 Robinson St

Public county record property details

Beds: 5
Baths: 4
Year built: 1949
Sq. Ft.: 2,892
Lot Size: 6,616
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 5401-017-006

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

$1,250,000

Median List Price/Sq.Ft.

$820

Median Sold Price

$1,540,000

Median Sold Price/Sq.Ft.

$1,098

Total Inventory

Median Sale to List Price %

110.39%

Avg Days on Market

Loan Type

Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

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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.