7965 Waring Ave, Los Angeles, CA 90046
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7965 Waring Ave Los Angeles, CA 90046

$1,767,500 Sold Price as of 04/20/2022
  • 6 Beds
  • 4 Baths
  • 3,072 Sq.Ft.
Sold
$1,767,500 Sold Price as of 04/20/2022 Refinance Your Mortgage

Map preview of 7965 Waring Ave, Los Angeles, CA 90046

Property Overview: 7965 Waring Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,072 living square feet and 3,111 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming Spanish fourplex in a fabulous area. (Offered along with adjacent fourplex located at: 800 N. Edinburgh Ave.) The building hosts two 2 bed/1 bath units and two 1 bed/1 bath units with original architectural details and some updates. Garage of the neighboring building is being used as storage and communal laundry area. R3 lot. Centrally located with an abundance of shopping (Melrose boutiques, the Grove, Beverly Center), restaurants, entertainment, and public transportation.

Listed by Christen Tull | BRE #01960086 | Keller Williams Beverly Hills
Last checked: 7 minutes ago | Last updated: April 20th, 2022 | Source CRMLS | DOM: 20

Home details

Lot Sq. Ft
3,111
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22129765
City
Los Angeles
County
Los Angeles
Time on Site
861 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,115
  • Total Rent: $4,229
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,593
  • Total Rent: $3,186
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20.29
  • Gross Scheduled Income: --
  • Net Operating Income: $83,449
  • Gross Operating Income: $89,877
  • Laundry Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $1,350
  • New Taxes: $3,828
  • Gardener: $840
  • Maintenance: $2,500
  • Water/Sewer: $1,350

Property Details for 7965 Waring Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5529021066
  • Architectural Style: Spanish
Location / Neighborhood
Location Information
  • Directions: West of Fairfax, North of Melrose
View more facts & features

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Sale History for 7965 Waring Ave

Last sold for $1,767,500 on April 20th, 2022
  • April, 2022

  • Apr 20, 2022

    Date

    Sold

    CRMLS: 22129765

    $1,767,500

    Price

  • Feb 22, 2022

    Date

    Active

    CRMLS: 22129765

    $1,800,000

    Price

  • November, 1996

  • Nov 8, 1996

    Date

    Sold (Public Records)

    Public Records

    $195,000

    Price

  • October, 1996

  • Oct 16, 1996

    Date

    Sold (Public Records)

    Public Records

    $195,000

    Price

Show More

Tax History for 7965 Waring Ave

Assessed Value (2020): $290,380
Year Land Value Improved Value Assessed Value
2020 $215,930 $74,450 $290,380

Home Value Compared to the Market

This property vs the competition

7965 Waring Ave sold on April 20, 2022 for 41.29% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $585.94 per/sqft which puts the price per square foot 25.92% lower than the current median sale per square foot for the city of Los Angeles.

About 7965 Waring Ave

Detailed summary of property

7965 Waring Ave is a multi family that recently sold in Los Angeles, CA 90046. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,072 living square feet, and sits on an approximately 3,111 square foot lot. 7965 Waring Ave was first listed on ArdentRealEstateGroup.com on February 22, 2022. The homeowner sold the property for $1,767,500. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 41.29% higher than the current median priced home. Local homes that are currently for sale include 1125 Hi Point St, 1141 S Hayworth Ave and 1132 S Crescent Heights Blvd. While the average home in Los Angeles, CA is selling in 100 days, 7965 Waring Ave has a days on market of 20 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 7965 Waring Ave Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7965 Waring Ave

Public county record property details
Beds
6
Baths
4
Year built
1925
Sq. Ft.
3,072
Lot Size
3,111
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
100
APN
5529-021-066

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$905
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$903
Total Inventory
252
Median Sale to List Price %
96.67%
Avg Days on Market
31
Loan Type
Conventional (6.9%), FHA (0%), VA (0%), Cash (10.34%), Other (3.45%)

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Related Resources to 7965 Waring Ave

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.