806 Record Ave, Los Angeles, CA 90063
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806 Record Ave Los Angeles, CA 90063

$739,000
  • 2 Beds
  • 2 Baths
  • 1,130 Sq.Ft.
For Sale
$739,000 Get Pre-Qualified

Map preview of 806 Record Ave, Los Angeles, CA 90063

Property Overview: 806 Record Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,130 living square feet and 2,316 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 investment property. Fully remodeled duplex in the City Terrace area of East Los Angeles.Minutes to Cal State Los Angeles and downtown. Collect current market rents. Conventional, FHA. Both units will be delivered Vacant !! No Rent Control !! Each unit is 1 bedroom 1 Bath. Both units share one meter. Washer and dryer hook up ONLY in upper unit.

Listed by Kevin Stennis | BRE #02038204 | Robert Pitts Estates
Last checked: 3 minutes ago | Last updated: July 12th, 2024 | Source CRMLS | DOM: 45
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Home details

Lot Sq. Ft
2,316
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24399271
City
Los Angeles
County
Los Angeles
Time on Site
45 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.9
  • Gross Scheduled Income: --
  • Net Operating Income: $40,000
  • Gross Operating Income: $44,400
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 806 Record Ave

Interior Features
Laundry Information
  • Has Laundry
  • Upper Level
Fireplace Information
  • Has Fireplace
  • Kitchen, Living Room, Bath
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Refrigerator, Gas Cooktop, Gas Oven
Interior Features
  • Levels: Two
  • Security Features: Card/Code Access
  • Door Features: Sliding Doors
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Public
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 2
  • Parcel Number: 5227022009
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Cesar E Chaves ave and West of Eastern ave.
View more facts & features

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Sale History for 806 Record Ave

Last sold for $680,000 on March 11th, 2022
  • June, 2024

  • Jun 3, 2024

    Date

    Active

    CRMLS: 24399271

    $759,000

    Price

  • January, 2024

  • Jan 2, 2024

    Date

    Expired

    CRMLS: 23263117

    $759,900

    Price

  • Apr 23, 2023

    Date

    Active

    CRMLS: 23263117

    $759,900

    Price

  • Listing provided courtesy of CRMLS

    Great investment property. Fully remodeled duplex in the City Terrace area of East Los Angeles.Minutes to Cal State Los Angeles and downtown. Collect current market rents. Good for cash buyer or 1031 exchange. Delivered Vacant !! No Rent Control !!

  • March, 2022

  • Mar 14, 2022

    Date

    Sold

    CRMLS: SB21211908

    $680,000

    Price

  • Oct 21, 2021

    Date

    Active

    CRMLS: SB21211908

    $689,000

    Price

  • Oct 21, 2021

    Date

    Price Change

    CRMLS: SB21211908

    $689,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing Property adjacent to historical City terrace, Unincorporated area of Los Angeles county, NO RENT CONTROL. Fully Renovated with beautiful modern finishes! This duplex consist of two 1bed/1bath units with spacious open layouts. The main unit has an oversized balcony overlooking the the scenery and ready to entertain! Custom kitchens and bathrooms along with colors and fixtures that make this property stand out. Come and see for yourself because the pictures do not give enough Justice, you will love this property!

  • December, 2020

  • Dec 30, 2020

    Date

    Sold

    CRMLS: CV20255027

    $380,000

    Price

  • Dec 28, 2020

    Date

    Pending

    CRMLS: CV20255027

    $395,000

    Price

  • Dec 23, 2020

    Date

    Active Under Contract

    CRMLS: CV20255027

    $395,000

    Price

  • Dec 10, 2020

    Date

    Active

    CRMLS: CV20255027

    $395,000

    Price

  • Listing provided courtesy of CRMLS

    Presenting 806 N Record Avenue, a two-unit apartment building for sale in unincorporated East Los Angeles. The property consists of (2) one-bedroom/one-bath units. The property sits in a quiet residential area of the neighborhood, where plenty of street parking is available. Perfect for an owner- user opportunity allowing a first-time owner to occupy one unit while receiving income from the other unit. The property is located in the strong rental market of East Los Angeles and provides easy access to all major freeways like the 5, 10, 60 & 710 Freeway. This property is minutes away from Cal State Los Angeles and Downtown Los Angeles, do not miss out on this great opportunity!

  • December, 2020

  • Dec 30, 2020

    Date

    Sold

    CRMLS: CV20255080

    $380,000

    Price

  • Dec 28, 2020

    Date

    Pending

    CRMLS: CV20255080

    $395,000

    Price

  • Dec 23, 2020

    Date

    Active Under Contract

    CRMLS: CV20255080

    $395,000

    Price

  • Dec 10, 2020

    Date

    Active

    CRMLS: CV20255080

    $395,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2020

  • Dec 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $380,000

    Price

  • December, 2020

  • Dec 10, 2020

    Date

    Canceled

    CRMLS: CV20134141

    $395,000

    Price

  • Nov 7, 2020

    Date

    Pending

    CRMLS: CV20134141

    $395,000

    Price

  • Oct 2, 2020

    Date

    Active Under Contract

    CRMLS: CV20134141

    $395,000

    Price

  • Sep 4, 2020

    Date

    Price Change

    CRMLS: CV20134141

    $395,000

    Price

  • Aug 25, 2020

    Date

    Price Change

    CRMLS: CV20134141

    $445,000

    Price

  • Jul 9, 2020

    Date

    Active

    CRMLS: CV20134141

    $475,000

    Price

  • Listing provided courtesy of CRMLS

    Presenting 806 N Record Avenue, a two-unit apartment building for sale in unincorporated East Los Angeles. The property consists of (2) one-bedroom/one-bath units. The property sits in a quiet residential area of the neighborhood, where plenty of street parking is available. Perfect for an owner- user opportunity allowing a first-time owner to occupy one unit while receiving income from the other unit. The property is located in the strong rental market of East Los Angeles and provides easy access to all major freeways like the 5, 10, 60 & 710 Freeway. This property is minutes away from Cal State Los Angeles and Downtown Los Angeles, do not miss out on this great opportunity!

  • December, 2020

  • Dec 10, 2020

    Date

    Canceled

    CRMLS: CV20133954

    $395,000

    Price

  • Nov 7, 2020

    Date

    Pending

    CRMLS: CV20133954

    $395,000

    Price

  • Oct 2, 2020

    Date

    Active Under Contract

    CRMLS: CV20133954

    $395,000

    Price

  • Sep 4, 2020

    Date

    Price Change

    CRMLS: CV20133954

    $395,000

    Price

  • Aug 25, 2020

    Date

    Price Change

    CRMLS: CV20133954

    $445,000

    Price

  • Jul 9, 2020

    Date

    Active

    CRMLS: CV20133954

    $475,000

    Price

  • Listing provided courtesy of CRMLS

    Presenting 806 N Record Avenue, a two-unit apartment building for sale in unincorporated East Los Angeles. The property consists of (2) one-bedroom/one-bath units. The property sits in a quiet residential area of the neighborhood, where plenty of street parking is available. Perfect for an owner- user opportunity allowing a first-time owner to occupy one unit while receiving income from the other unit. The property is located in the strong rental market of East Los Angeles and provides easy access to all major freeways like the 5, 10, 60 & 710 Freeway. This property is minutes away from Cal State Los Angeles and Downtown Los Angeles, do not miss out on this great opportunity!

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Tax History for 806 Record Ave

Assessed Value (2020): $186,466
Year Land Value Improved Value Assessed Value
2020 $93,233 $93,233 $186,466

Home Value Compared to the Market

This property vs the competition

806 Record Ave is listed 38.42% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $653.98 per/sqft which puts the price per square foot 15.4% lower than the median price per square foot for the city of Los Angeles.

About 806 Record Ave

Detailed summary of property

806 Record Ave is a multi family located in Los Angeles, CA 90063 and is currently for sale. This multi family property offers 2 bedrooms, 2 bathrooms, roughly 1,130 living square feet, and sits on an approximately 2,316 square foot lot. 806 Record Ave was first listed on ArdentRealEstateGroup.com on June 3, 2024. The homeowner is currently asking $739,000 and was originally asking $759,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 38.42% lower than the median priced home. Local competing homes currently for sale include 4775 Hammel St, 4280 Dennison St and 509 Camulos St. While the average home in Los Angeles, CA is selling in 101 days, 806 Record Ave has a days on market of 45 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 806 Record Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 806 Record Ave

Public county record property details
Beds
2
Baths
2
Year built
1924
Sq. Ft.
1,130
Lot Size
2,323
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
5227-022-009

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$639
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$633
Total Inventory
38
Median Sale to List Price %
100.01%
Avg Days on Market
35
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.