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753 Cole Ave, Los Angeles, CA 90038
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753 Cole Ave Los Angeles, CA 90038

$1,995,000
  • 8 Beds
  • 8 Baths
  • 5,928 Sq.Ft.
For Sale
$1,995,000 Get Pre-Qualified
Map preview of 753 Cole Ave, Los Angeles, CA 90038

Property Overview: 753 Cole Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 5,928 living square feet and 6,310 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great opportunity in Hollywood! 8 Unit building being delivered with 5 vacant units. Or develop! Also the vacant lot next door is available. The two lots together are a great development site! More Information coming soon.

Listed by David Rosenfeld | BRE #01109090 | Advantage Real Estate
Last checked: 15 minutes ago | Last updated: June 28th, 2024 | Source CRMLS | DOM: 7
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Home details

Lot Sq. Ft
6,310
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24406413
City
Los Angeles
County
Los Angeles
Time on Site
6 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $870
  • Total Rent: $870
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $10,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $675
  • Total Rent: $675
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $927
  • Total Rent: $927
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 753 Cole Ave

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Property Details for 753 Cole Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Community, Individual Room
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 8
  • Parcel Number: 5533034002
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Melrose Ave, East of Cahuenga Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 753 Cole Ave

View property's historical transactions

  • June, 2024

  • Jun 24, 2024

    Date

    Active

    CRMLS: 24406413

    $1,995,000

    Price

Tax History for 753 Cole Ave

Assessed Value (2020): $148,990
Year Land Value Improved Value Assessed Value
2020 $52,204 $96,786 $148,990

Home Value Compared to the Market

This property vs the competition

753 Cole Ave is listed 61.41% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $336.54 per/sqft which puts the price per square foot 56.58% lower than the median price per square foot for the city of Los Angeles.

About 753 Cole Ave

Detailed summary of property

753 Cole Ave is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 8 bedrooms, 8 bathrooms, roughly 5,928 living square feet, and sits on an approximately 6,310 square foot lot. 753 Cole Ave was first listed on ArdentRealEstateGroup.com on June 25, 2024. The homeowner is currently asking $1,995,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 61.41% higher than the median priced home. Local competing homes currently for sale include 6669 De Longpre Ave, 1414 N Las Palmas Ave and 5806 La Mirada Ave. While the average home in Los Angeles, CA is selling in 99 days, 753 Cole Ave has a days on market of 7 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 753 Cole Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 753 Cole Ave

Public county record property details
Beds
8
Baths
8
Year built
1931
Sq. Ft.
5,928
Lot Size
6,308
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5533-034-002

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$672
Median Sold Price
$1,100,000
Median Sold Price/Sq.Ft.
$720
Total Inventory
42
Median Sale to List Price %
110%
Avg Days on Market
88
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), Other (25%)

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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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