733 Bernard St Los Angeles, CA 90012

$--

12 Beds
12 Baths
4,754 Sq.Ft.

Off Market

Map preview of 733 Bernard St, Los Angeles, CA 90012

Property Overview: 733 Bernard St Los Angeles, CA has 12 bedrooms, 12 bathrooms, 4,754 living square feet and 6,264 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

733 Bernard St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $250,000 for the down payment and will need roughly $25,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $59,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 733 Bernard St

View property's historical transactions

September, 2021
Sep 13, 2021

Date

Active

CRMLS: SB21099601

$1,900,000

Price
Sep 13, 2021

Date

Price Change

CRMLS: SB21099601

$1,900,000

Price
Aug 3, 2021

Date

Active Under Contract

CRMLS: SB21099601

$1,850,000

Price
Jul 8, 2021

Date

Active

CRMLS: SB21099601

$1,850,000

Price
Jul 8, 2021

Date

Hold

CRMLS: SB21099601

$1,850,000

Price
May 28, 2021

Date

Active

CRMLS: SB21099601

$1,850,000

Price
May 10, 2021

Date

Coming Soon

CRMLS: SB21099601

$1,850,000

Price
Listing provided courtesy of CRMLS

1 Unit now delivered tenant-ready! Great opportunity to own a Non-Rent Controlled, ‘85 Construction property at 733 Bernard St., Los Angeles. New buyers can take advantage of this Value-Add, NON-RENT CONTROLLED asset, currently operating at a 4.76% CAP, with still plenty of room to grow the monthly income. This Echo Park adjacent 6-Unit asset is located only one block away from Dodgers Stadium! Bernard St. has a very strong unit mix, comprised of (6) 2-bedroom/2- bath units. There is plenty of tuck-under parking on the property, enough space to fit over 10 cars. Units are in good shape, featuring Central A/C & Heat, and copper plumbing. All units are currently receiving good rental income, with the property operating at a 4.76% Cap and 13.75 GRM. There is still over 23% upside in rental income available, offering a proforma 6.51% Cap and 11.02 GRM. Property is separately metered for gas and electric. Only minutes away from Downtown Los Angeles, Echo Park, & Silverlake, this Non-Rent Controlled asset is an ideal pickup for any exchange buyer or investor looking to own a cash-flowing property, with still plenty of upside in market rents.

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June, 2021
Jun 3, 2021

Date

Expired

CRMLS: SB20105954

$1,850,000

Price
Dec 21, 2020

Date

Withdrawn

CRMLS: SB20105954

$1,850,000

Price
Dec 7, 2020

Date

Price Change

CRMLS: SB20105954

$1,850,000

Price
Nov 2, 2020

Date

Price Change

CRMLS: SB20105954

$1,960,000

Price
Sep 21, 2020

Date

Price Change

CRMLS: SB20105954

$1,970,000

Price
Sep 15, 2020

Date

Price Change

CRMLS: SB20105954

$1,975,000

Price
Aug 11, 2020

Date

Price Change

CRMLS: SB20105954

$1,999,000

Price
Jul 13, 2020

Date

Price Change

CRMLS: SB20105954

$2,025,000

Price
Jun 22, 2020

Date

Price Change

CRMLS: SB20105954

$2,075,000

Price
Jun 3, 2020

Date

Active

CRMLS: SB20105954

$2,100,000

Price
Listing provided courtesy of CRMLS

All tenants are current on rent! Great opportunity to own a Non Rent Controlled, ‘85 Construction property at 733 Bernard St., Los Angeles. This Echo Park adjacent 6-Unit asset is located only one block away from Dodgers Stadium! Bernard St. has a very strong unit mix, being comprised of all 2-bedroom/2-bath units. There is plenty of tuck under parking on the property, enough space to fit over 10 cars. Units feature dishwashers and Central A/C & Heat, and copper plumbing. All units are currently receiving good rental income, with the property operating at a 4.38% Cap and 14.53 GRM. There is still over 26% upside in rental income available, offering a proforma 6.75% Cap and 10.73 GRM. Property is separately metered for gas and electric. Do not miss out on a great opportunity to own a Non Rent Controlled, ’85 Construction asset in Los Angeles.

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Tax History for 733 Bernard St

Assessed Value (2020): $618,220

Year	Land Value	Improved Value	Assessed Value
2020	$370,933	$247,287	$618,220

About 733 Bernard St

Detailed summary of property

733 Bernard St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90012 and is currently off market. This property has 12 bedrooms, 12 bathrooms, roughly 4,754 living square feet, and sits on an approximately 6,264 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Local nearby listings include 121 S Hope St #607, 121 S Hope St #10 and 800 W 1st St #504. The average home in Los Angeles, CA is selling in 92 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. If you are the homeowner and looking to sell the home at 733 Bernard 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 733 Bernard St

Public county record property details

Beds: 12
Baths: 12
Year built: 1985
Sq. Ft.: 4,754
Lot Size: 6,264
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5415-015-047

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

Median Sale to List Price %

92.69%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Call, Text or Message

(714) 706-1823

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