743 N Alfred St, Los Angeles, CA 90069
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743 N Alfred St Los Angeles, CA 90069

$2,056,000 Sold Price as of 03/15/2024
  • 8 Beds
  • 6 Baths
  • 5,200 Sq.Ft.
Sold
$2,056,000 Sold Price as of 03/15/2024 Refinance Your Mortgage

Map preview of 743 N Alfred St, Los Angeles, CA 90069

Property Overview: 743 N Alfred St Los Angeles, CA has 8 bedrooms, 6 bathrooms, 5,200 living square feet and 6,751 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The property is 6 units composed of 4 one-bedroom units and 2 two-bedroom units. The property offers 6 parking spaces, laundry facility, copper plumbing and over 80% in rental upside.

Listed by Tony Azzi | BRE #00910513 | Tony Azzi
Last checked: 14 minutes ago | Last updated: March 18th, 2024 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
6,751
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24351957
City
Los Angeles
County
Los Angeles
Time on Site
95 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,351
  • Total Rent: $5,405
  • Pro Forma/Market Rent: $9,196
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,720
  • Total Rent: $3,440
  • Pro Forma/Market Rent: $6,798
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.14
  • Gross Scheduled Income: --
  • Net Operating Income: $58,149
  • Gross Operating Income: $105,217
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 743 N Alfred St

Interior Features
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • Pool Features: Fenced
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Assigned, Detached Carport
Property Information
  • Total # of Units: 6
  • Parcel Number: 5528001048
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: The property is situated south of Waring Avenue, east of La Cienega Boulevard, west of Croft Avenue and north of Melrose Place.
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Sale History for 743 N Alfred St

Last sold for $2,056,000 on March 15th, 2024
  • March, 2024

  • Mar 15, 2024

    Date

    Sold

    CRMLS: 24351957

    $2,056,000

    Price

  • Jan 25, 2024

    Date

    Active

    CRMLS: 24351957

    $1,925,000

    Price

  • August, 2015

  • Aug 12, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 743 N Alfred St

Assessed Value (2020): $190,275
Year Land Value Improved Value Assessed Value
2020 $74,624 $115,651 $190,275

Home Value Compared to the Market

This property vs the competition

743 N Alfred St sold on March 15, 2024 for 83.33% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $370.19 per/sqft which puts the price per square foot 49.84% lower than the current median sale per square foot for the city of Los Angeles.

About 743 N Alfred St

Detailed summary of property

743 N Alfred St is a multi family that recently sold in Los Angeles, CA 90069. This multi family property offered 8 bedrooms, 6 bathrooms, roughly 5,200 living square feet, and sits on an approximately 6,751 square foot lot. 743 N Alfred St was first listed on ArdentRealEstateGroup.com on January 26, 2024. The homeowner sold the property for $2,056,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 83.33% higher than the current median priced home. Local homes that are currently for sale include 924 S Orange Grove Ave, 1142 S Bedford St and 1140 S Shenandoah St. While the average home in Los Angeles, CA is selling in 96 days, 743 N Alfred St has a days on market of 27 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 743 N Alfred St Los Angeles, CA 90069 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 743 N Alfred St

Public county record property details
Beds
8
Baths
6
Year built
1954
Sq. Ft.
5,200
Lot Size
6,749
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
232
APN
5528-001-048

The source for these homes facts are from public records.

90069 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,215,000
Median List Price/Sq.Ft.
$1,101
Median Sold Price
$1,400,000
Median Sold Price/Sq.Ft.
$854
Total Inventory
265
Median Sale to List Price %
100.07%
Avg Days on Market
55
Loan Type
Conventional (3.23%), FHA (0%), VA (0%), Cash (16.13%), Other (9.68%)

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Related Resources to 743 N Alfred St

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.