7821 Flight Ave, Los Angeles, CA 90045
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7821 Flight Ave Los Angeles, CA 90045

$1,150,000 Sold Price as of 11/24/2021
  • 4 Beds
  • 2 Baths
  • 1,926 Sq.Ft.
Sold
$1,150,000 Sold Price as of 11/24/2021 Refinance Your Mortgage

Map preview of 7821 Flight Ave, Los Angeles, CA 90045

Property Overview: 7821 Flight Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,926 living square feet and 6,834 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well-maintained duplex located in the highly desired Westchester. The back unit is VACANT! Perfect for an owner-user! This duplex is sitting on a spacious 7000 square foot lot, with a private backyard and detached garage. There's also a long drive way for additional cars, and there's always street parking! The duplex is roughly 10 minutes from LAX and the new SoFi Stadium, with shopping and restaurants close by! This property is a true GEM and makes a great addition to any investor. There is a strong current demand for Westchester, DON'T miss out! Please do not walk the property or disturb the occupants.

Listed by Sierus Erdelyi | BRE #01870547 | TruLine Realty
Co-listed by Zachary Mink | BRE #02044380 | TruLine Realty
Last checked: 1 minute ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
6,834
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21786736
City
Los Angeles
County
Los Angeles
Time on Site
969 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6%
  • Gross Rent Multiplier: 13.67
  • Gross Scheduled Income: --
  • Net Operating Income: $70,000
  • Gross Operating Income: $84,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 7821 Flight Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 2
  • Parcel Number: 4105013009
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Turn right on to W 78th St, turn left on to Flight.
View more facts & features

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Sale History for 7821 Flight Ave

Last sold for $1,150,000 on November 24th, 2021
  • November, 2021

  • Nov 24, 2021

    Date

    Sold

    CRMLS: 21786736

    $1,150,000

    Price

  • Sep 22, 2021

    Date

    Active

    CRMLS: 21786736

    $1,149,000

    Price

Tax History for 7821 Flight Ave

Assessed Value (2020): $123,892
Year Land Value Improved Value Assessed Value
2020 $80,517 $43,375 $123,892

Home Value Compared to the Market

This property vs the competition

7821 Flight Ave sold on November 24, 2021 for 3.45% lower 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 $596.57 per/sqft which puts the price per square foot 20.98% lower than the current median sale per square foot for the city of Los Angeles.

About 7821 Flight Ave

Detailed summary of property

7821 Flight Ave is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,926 living square feet, and sits on an approximately 6,834 square foot lot. 7821 Flight Ave was first listed on ArdentRealEstateGroup.com on September 23, 2021. The homeowner sold the property for $1,150,000. 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 3.45% lower than the current median priced home. Local homes that are currently for sale include 5161 W Jefferson Blvd, 5426 Smiley Dr and 5346 Smiley Dr. While the average home in Los Angeles, CA is selling in 92 days, 7821 Flight Ave has a days on market of 6 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 7821 Flight Ave Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7821 Flight Ave

Public county record property details
Beds
4
Baths
2
Year built
1949
Sq. Ft.
1,926
Lot Size
6,834
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15,16
APN
4105-013-009

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$1,510,000
Median Sold Price/Sq.Ft.
$880
Total Inventory
98
Median Sale to List Price %
103.78%
Avg Days on Market
37
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (28.57%), Other (7.14%)

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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.