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755 S Mcbride Ave, Los Angeles, CA 90022
Image 2 for 755 S Mcbride Ave, Los Angeles, CA 90022
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755 S Mcbride Ave Los Angeles, CA 90022

$850,000 Sold Price as of 05/12/2023
  • 8 Beds
  • 6 Baths
  • 3,976 Sq.Ft.
Sold
$850,000 Sold Price as of 05/12/2023 Refinance Your Mortgage
Map preview of 755 S Mcbride Ave, Los Angeles, CA 90022

Property Overview: 755 S Mcbride Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,976 living square feet and 6,676 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Four unit property in the heart of East Los Angeles. Great opportunity for an investor looking for an investment property in an excellent rental area. Spacious units show like two-story townhomes. Each unit has 2 bedrooms upstairs with a full bathroom and a half bathroom downstairs that includes a living and kitchen area. Great low maintenance property that is located near Whittier Blvd and close to shops, restaurants, transit lines and 5, 710 and 60 freeways.

Listed by David Gomez | BRE #01805497 | Realty Executives Com. & Res.
Last checked: 6 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
6,676
HOA Dues
$0/mo
Year built
1968
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
DW23042523
City
Los Angeles
County
Los Angeles
Time on Site
564 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,193
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,139
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,112
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,112
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,672
  • Net Operating Income: $37,625
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,047
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $12,825
  • Trash: $0
  • Insurance: $2,122
  • Water/Sewer: $2,100

Property Details for 755 S Mcbride Ave

Interior Features
Laundry Information
  • Has Laundry
  • Washer Hookup
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5247013022
  • 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: North of Whittier Blvd./ South of Hubbard Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 755 S Mcbride Ave

Last sold for $850,000 on May 12th, 2023

  • May, 2023

  • May 12, 2023

    Date

    Sold

    CRMLS: DW23042523

    $850,000

    Price

  • Mar 14, 2023

    Date

    Active

    CRMLS: DW23042523

    $950,000

    Price

  • March, 1996

  • Mar 29, 1996

    Date

    Sold (Public Records)

    Public Records

    $235,000

    Price

  • August, 1995

  • Aug 25, 1995

    Date

    Sold (Public Records)

    Public Records

    $204,000

    Price

Show More

Tax History for 755 S Mcbride Ave

Assessed Value (2020): $356,952
Year Land Value Improved Value Assessed Value
2020 $121,510 $235,442 $356,952

Home Value Compared to the Market

This property vs the competition

755 S Mcbride Ave sold on May 12, 2023 for 15.18% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $238.93 per/sqft which puts the price per square foot 67% lower than the current median sale per square foot for the city of Los Angeles.

About 755 S Mcbride Ave

Detailed summary of property

755 S Mcbride Ave is a fourplex that recently sold in Los Angeles, CA 90022. This fourplex offered 8 bedrooms, 6 bathrooms, roughly 3,976 living square feet, and sits on an approximately 6,676 square foot lot. 755 S Mcbride Ave was first listed on ArdentRealEstateGroup.com on March 14, 2023. The homeowner sold the property for $850,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.18% lower than the current median priced home. Local homes that are currently for sale include 548 S Lorena St, 1365 Helen Dr and 4032 City Terrace Dr. While the average home in Los Angeles, CA is selling in 106 days, 755 S Mcbride Ave has a days on market of 31 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 755 S Mcbride Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 755 S Mcbride Ave

Public county record property details
Beds
8
Baths
8
Year built
1968
Sq. Ft.
3,976
Lot Size
6,675
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
5247-013-022

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$695,000
Median List Price/Sq.Ft.
$650
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$494
Total Inventory
27
Median Sale to List Price %
101.6%
Avg Days on Market
32
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (50%)

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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