742 N Alta Vista Blvd, Los Angeles, CA 90046
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742 N Alta Vista Blvd Los Angeles, CA 90046

$1,750,000 Sold Price as of 09/27/2021
  • 5 Beds
  • 3 Baths
  • 2,210 Sq.Ft.
Sold
$1,750,000 Sold Price as of 09/27/2021 Refinance Your Mortgage

Map preview of 742 N Alta Vista Blvd, Los Angeles, CA 90046

Property Overview: 742 N Alta Vista Blvd Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,210 living square feet and 7,697 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare opportunity to own a 1928 Spanish Style Duplex with tons of charm and in a fantastic location! The property sits on an oversized lot (7,697 sq ft) and is located on a quiet tree-lined street in a desirable area of West Hollywood, yet, with the benefits of a Los Angeles city address. The property is 100% rented and generating $92,400 of income per year. The Front House (approx. 1,282 SF) is 3BD + 2BA + 2 Patios + 2-Car Garage/Carport, front yard with fruit trees, and rents for $4,375/month and will be delivered vacant at the close of escrow. The Back House (approx. 981 SF) is 2BD + 1BA + 1 Patio + Yard with fruit trees + 1-Car Garage/Carport, and rents for $3,325/month. Each home features a living room, dining room, breakfast room, HW floors, updated kitchens/baths, in-unit washer/dryers, in-window heating/cooling units, and ceiling fans. The property is fenced and includes a secured gated driveway that leads to an additional parking area. It is being sold "AS IS" and provides a perfect opportunity to create your own vision such as a single-family compound, an owner-user/investor, complete redevelopment project, or continue as a 100% income property. With a 93 walk score, this is a walker's paradise! Stroll to Melrose and La Brea cool shops and restaurants, and The Famous Groundings. Close to the studios, Hollywood nightlife, Beverly Blvd, The Grove, LACMA, and many of LA's finest restaurants.

Listed by Laura Klein | BRE #01435968 | KRE + Associates
Last checked: 3 minutes ago | Last updated: March 19th, 2023 | Source CRMLS | DOM: 117

Home details

Lot Sq. Ft
7,697
HOA Dues
$0/mo
Year built
1928
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
21724344
City
Los Angeles
County
Los Angeles
Time on Site
1103 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,375
  • Total Rent: $4,375
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,325
  • Total Rent: $3,325
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.4
  • Gross Scheduled Income: --
  • Net Operating Income: $73,522
  • Gross Operating Income: $92,400
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 742 N Alta Vista Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Smoke Detector(s), Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Controlled Entrance, Assigned, Side by Side, Garage - Two Door, Garage - Single Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Lawn, Yard
Property Information
  • Total # of Units: 2
  • Parcel Number: 5525011026
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: N of Melrose and West of La Brea
View more facts & features

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Sale History for 742 N Alta Vista Blvd

Last sold for $1,750,000 on September 27th, 2021
  • September, 2021

  • Sep 11, 2021

    Date

    Pending

    CRMLS: 21724344

    $1,795,000

    Price

  • Aug 24, 2021

    Date

    Active Under Contract

    CRMLS: 21724344

    $1,795,000

    Price

  • Apr 30, 2021

    Date

    Active

    CRMLS: 21724344

    $1,795,000

    Price

  • July, 2020

  • Jul 2, 2020

    Date

    Canceled

    CRMLS: 20572552

    $2,000,000

    Price

  • Apr 23, 2020

    Date

    Active

    CRMLS: 20572552

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    /

  • July, 2020

  • Jul 2, 2020

    Date

    Canceled

    CRMLS: 20572516

    $2,000,000

    Price

  • Apr 23, 2020

    Date

    Active

    CRMLS: 20572516

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    /

  • July, 2020

  • Jul 2, 2020

    Date

    Leased

    CRMLS: 20572470

    $4,375

    Price

  • Jun 4, 2020

    Date

    Price Change

    CRMLS: 20572470

    $4,350

    Price

  • Apr 21, 2020

    Date

    Active

    CRMLS: 20572470

    $4,495

    Price

  • Listing provided courtesy of CRMLS

    This classic 1928 Spanish bungalow is centrally located on a quiet tree-lined street in a desirable area of West Hollywood. There are two bungalows on the lot and this is the front bungalw. With a 93 walk score, this is a walkers paradise and is near Melrose and La Brea shops and restaurants! It is a single-level light and bright front home that has been updated throughout and features 3-Bedrooms + 2-Bathrooms, breakfast room dining room, and living room with refinished hardwood floors throughout. The kitchen has gas appliances, granite countertops, and newer cabinets. French doors off the living room open to a spacious side patio perfect for indoor/outdoor living. There is a stacked washer/dryer adjacent to the kitchen, wall heat, new in-window heating/cooling units and ceiling fans in the bedrooms, detached 2-car garage with additional driveway parking and remote gated entry, and a front yard with fruit trees and an adorable front patio. Available for immediate occupancy.

  • February, 2019

  • Feb 2, 2019

    Date

    Leased

    CRMLS: 19418352

    $4,350

    Price

  • Jan 17, 2019

    Date

    Price Change

    CRMLS: 19418352

    $4,350

    Price

  • Jan 2, 2019

    Date

    Active

    CRMLS: 19418352

    $4,500

    Price

  • Listing provided courtesy of CRMLS

    Renovated single level Spanish style 3 BR + 2 BA home. House has a formal dining room and separate large breakfast area of gas appliance kitchen. French doors in living room lead to large private patio area. This property has a rear two bedroom house that is leased separately and shares a large rear area. Hardwood floors throughout, granite counter in kitchen tile floors in kitchen and both bathrooms, automatic sprinkler system on front lawn. Laundry room in house with stacked washer/dryer. Walkable to Melrose Avenue shops and transportation and close to The Grove, The Beverly Center and new retail on La Brea Avenue.

  • August, 2013

  • Aug 21, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 742 N Alta Vista Blvd

Assessed Value (2020): $803,946
Year Land Value Improved Value Assessed Value
2020 $516,823 $287,123 $803,946

Home Value Compared to the Market

This property vs the competition

742 N Alta Vista Blvd sold on September 27, 2021 for 50.84% 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 $812.22 per/sqft which puts the price per square foot 7.58% higher than the current median sale per square foot for the city of Los Angeles.

About 742 N Alta Vista Blvd

Detailed summary of property

742 N Alta Vista Blvd is a multi family that recently sold in Los Angeles, CA 90046. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,210 living square feet, and sits on an approximately 7,697 square foot lot. 742 N Alta Vista Blvd was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,750,000. 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 50.84% higher than the current median priced home. Local homes that are currently for sale include 6416 La Mirada Ave, 6410 La Mirada and 648 S Dunsmuir Ave. While the average home in Los Angeles, CA is selling in 92 days, 742 N Alta Vista Blvd has a days on market of 117 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 742 N Alta Vista Blvd 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 742 N Alta Vista Blvd

Public county record property details
Beds
5
Baths
4
Year built
1928
Sq. Ft.
2,210
Lot Size
7,697
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
87
APN
5525-011-026

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
$1,965,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
231
Median Sale to List Price %
117.72%
Avg Days on Market
34
Loan Type
Conventional (2.7%), FHA (0%), VA (0%), Cash (13.51%), Other (2.7%)

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Related Resources to 742 N Alta Vista Blvd

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.