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7509 Walnut Dr, Los Angeles, CA 90001
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7509 Walnut Dr Los Angeles, CA 90001

$863,000 Sold Price as of 05/24/2023
  • 5 Beds
  • 2.75 Baths
  • 1,702 Sq.Ft.
Sold
$863,000 Sold Price as of 05/24/2023 Refinance Your Mortgage
Map preview of 7509 Walnut Dr, Los Angeles, CA 90001

Property Overview: 7509 Walnut Dr Los Angeles, CA has 5 bedrooms, 2.75 bathrooms, 1,702 living square feet and 6,780 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a rare opportunity to own a 2 unit property in the highly desirable southwest area of Los Angeles. The property features a spacious 3 bedroom & 2 bath unit and a cozy 2 bedroom 1 bath unit, both with ample natural light and lots of parking. The units have been recently update and painted inside and out. They are ready for move-in. The location is excellent, with easy access to transportation and all the amenities Los Angeles has to offer. You have shopping and restaurants with in walking distance as well as schools. This is a perfect investment property or for owner-occupancy. Don't miss out on this opportunity to own a piece of Los Angeles real estate in a fantastic neighborhood!

Listed by Oscar Jimenez | BRE #01260075 | Coldwell Banker Realty
Last checked: 48 seconds ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
6,780
HOA Dues
$0/mo
Year built
1988
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
PW23011108
City
Los Angeles
County
Los Angeles
Time on Site
519 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,000
  • Net Operating Income: $54,000
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $0
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 7509 Walnut Dr

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • In Garage
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • All Bedrooms Down
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Driveway, Garage, Garage Faces Front, Gated
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6025006037
  • Year Built Source: Public Records
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: From 110 Fwy take Florence Ave Exit go East to Walnut Dr make a right
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 7509 Walnut Dr

Last sold for $863,000 on May 24th, 2023

  • May, 2023

  • May 24, 2023

    Date

    Sold

    CRMLS: PW23011108

    $863,000

    Price

  • Jan 23, 2023

    Date

    Active

    CRMLS: PW23011108

    $639,900

    Price

Tax History for 7509 Walnut Dr

Assessed Value (2020): $422,147
Year Land Value Improved Value Assessed Value
2020 $227,310 $194,837 $422,147

Home Value Compared to the Market

This property vs the competition

7509 Walnut Dr sold on May 24, 2023 for 43.37% lower 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 $375.97 per/sqft which puts the price per square foot 50.14% lower than the current median sale per square foot for the city of Los Angeles.

About 7509 Walnut Dr

Detailed summary of property

7509 Walnut Dr is a duplex that recently sold in Los Angeles, CA 90001. This duplex offered 5 bedrooms, 2.75 bathrooms, roughly 1,702 living square feet, and sits on an approximately 6,780 square foot lot. 7509 Walnut Dr was first listed on ArdentRealEstateGroup.com on January 24, 2023. The homeowner sold the property for $863,000. 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 43.37% lower than the current median priced home. Local homes that are currently for sale include 9538 Compton Ave, 1541 E 51st St and 1537 E 51st St. While the average home in Los Angeles, CA is selling in 98 days, 7509 Walnut Dr has a days on market of 7 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 7509 Walnut Dr Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7509 Walnut Dr

Public county record property details
Beds
5
Baths
3
Year built
1988
Sq. Ft.
1,712
Lot Size
6,779
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
169
APN
6025-006-037

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$600,000
Median List Price/Sq.Ft.
$567
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$474
Total Inventory
28
Median Sale to List Price %
103.08%
Avg Days on Market
36
Loan Type
Conventional (37.5%), FHA (62.5%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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