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733 N Edinburgh Ave, Los Angeles, CA 90046
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733 N Edinburgh Ave Los Angeles, CA 90046

$1,957,000 Sold Price as of 01/29/2021
  • 4 Beds
  • 6 Baths
  • 4,430 Sq.Ft.
Sold
$1,957,000 Sold Price as of 01/29/2021 Refinance Your Mortgage
Map preview of 733 N Edinburgh Ave, Los Angeles, CA 90046

Property Overview: 733 N Edinburgh Ave Los Angeles, CA has 4 bedrooms, 6 bathrooms, 4,430 living square feet and 6,549 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Beautiful 6 Unit apartment complex up the street from Melrose Ave. This property is over a 5 cap rate with near market rents and 3 units available vacant for the new owner to get market rents. This property has ample natural light through out its large living rooms. Currently has 4 garages not being used that can be rented out with the new leases. Washer/dryer hooks ups. Don't miss this property!

Listed by TRAVIS ELY | BRE #01895065 | TRAVIS ELY
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
6,549
HOA Dues
$0/mo
Year built
1925
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
WS20238214
City
Los Angeles
County
Los Angeles
Time on Site
1261 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 6
  • # of Gas Meters: 6
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,195
  • Total Rent: $2,195
  • Pro Forma/Market Rent: $2,275
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,095
  • Total Rent: $2,095
  • Pro Forma/Market Rent: $2,275
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,275
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,575
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $149,400
  • Net Operating Income: $113,528
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $35,872
  • Electric: $0
  • New Taxes: $24,150
  • Trash: $2,640
  • Gardener: $900
  • Insurance: $1,300
  • Professional Management: $0
  • Water/Sewer: $2,100

Property Details for 733 N Edinburgh Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Rectangular Lot, Level, Sprinkler System, Treed Lot, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5527014012
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off of Melrose Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 733 N Edinburgh Ave

Last sold for $1,957,000 on January 29th, 2021

  • February, 2021

  • Feb 2, 2021

    Date

    Sold

    CRMLS: WS20238214

    $1,957,000

    Price

  • Jan 7, 2021

    Date

    Active Under Contract

    CRMLS: WS20238214

    $2,100,000

    Price

  • Dec 11, 2020

    Date

    Active

    CRMLS: WS20238214

    $2,100,000

    Price

  • Nov 19, 2020

    Date

    Active Under Contract

    CRMLS: WS20238214

    $2,100,000

    Price

  • Nov 12, 2020

    Date

    Active

    CRMLS: WS20238214

    $2,100,000

    Price

  • January, 2021

  • Jan 29, 2021

    Date

    Sold (Public Records)

    Public Records

    $1,957,000

    Price

Show More

Tax History for 733 N Edinburgh Ave

Assessed Value (2020): $1,001,108
Year Land Value Improved Value Assessed Value
2020 $617,382 $383,726 $1,001,108

Home Value Compared to the Market

This property vs the competition

733 N Edinburgh Ave sold on January 29, 2021 for 64.84% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $474.04 per/sqft which puts the price per square foot 40.07% lower than the current median sale per square foot for the city of Los Angeles.

About 733 N Edinburgh Ave

Detailed summary of property

733 N Edinburgh Ave is a multi family that recently sold in Los Angeles, CA 90046. This multi family property offered 4 bedrooms, 6 bathrooms, roughly 4,430 living square feet, and sits on an approximately 6,549 square foot lot. 733 N Edinburgh Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,957,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 64.84% higher than the current median priced home. Local homes that are currently for sale include 6615 Melrose Ave, 812 Alandele Ave and 924 S Orange Grove Ave. While the average home in Los Angeles, CA is selling in 100 days, 733 N Edinburgh Ave has a days on market of 55 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 733 N Edinburgh Ave Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 733 N Edinburgh Ave

Public county record property details
Beds
6
Baths
6
Year built
1925
Sq. Ft.
4,430
Lot Size
6,549
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
125
APN
5527-014-012

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$905
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$903
Total Inventory
252
Median Sale to List Price %
96.67%
Avg Days on Market
31
Loan Type
Conventional (6.9%), FHA (0%), VA (0%), Cash (10.34%), Other (3.45%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 733 N Edinburgh Ave

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Recently Sold Homes Near 733 N Edinburgh Ave

725 N Edinburgh Ave, Los Angeles, CA 90046
$2,100,000 Last Sold Price
6 Beds
8 Baths
4684 Sq.Ft.
725 N Edinburgh Ave
Los Angeles, CA 90046
800 N Edinburgh Ave, Los Angeles, CA 90046
$1,767,500 Last Sold Price
6 Beds
4 Baths
3072 Sq.Ft.
800 N Edinburgh Ave
Los Angeles, CA 90046
8005 Waring Ave, Los Angeles, CA 90046
$2,200,000 Last Sold Price
10 Beds
10 Baths
6478 Sq.Ft.
8005 Waring Ave
Los Angeles, CA 90046
7965 Waring Ave, Los Angeles, CA 90046
$1,767,500 Last Sold Price
6 Beds
4 Baths
3072 Sq.Ft.
7965 Waring Ave
Los Angeles, CA 90046

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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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