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823 E Adams Blvd, Los Angeles, CA 90011
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823 E Adams Blvd Los Angeles, CA 90011

$770,000 Sold Price as of 08/02/2023
  • 9 Beds
  • 5 Baths
  • 3,618 Sq.Ft.
Sold
$770,000 Sold Price as of 08/02/2023 Refinance Your Mortgage
Map preview of 823 E Adams Blvd, Los Angeles, CA 90011

Property Overview: 823 E Adams Blvd Los Angeles, CA has 9 bedrooms, 5 bathrooms, 3,618 living square feet and 7,496 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT INCOME OPPORTUNITY IN A HIGH DEMAND AREA!! FRONT UNIT HAS 7 BEDROOMS 3 BATHROOMS!! 2 REAR UNITS 1 BEDROOM 1 BATHROOM EACH!! STORAGE IN THE BACK!! CLOSE TO DOWNTOWN AND FREEWAYS!!

Listed by JORGE PEREZ GARCIA | BRE #02194071 | PONCE & PONCE REALTY
Last checked: 10 minutes ago | Last updated: August 2nd, 2023 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
7,496
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
EV23041664
City
Los Angeles
County
Los Angeles
Time on Site
431 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 7
  • # of Baths: 3
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,840
  • Total Rent: $3,840
  • Pro Forma/Market Rent: $4,640
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $825
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.6%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $78,000
  • Net Operating Income: $61,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $2,000
  • Water/Sewer: $0
  • Other Expenses: $15,000

Property Details for 823 E Adams Blvd

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5131025021
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Adams and San Pedro st
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 823 E Adams Blvd

Last sold for $770,000 on August 2nd, 2023

  • August, 2023

  • Aug 2, 2023

    Date

    Sold

    CRMLS: EV23041664

    $770,000

    Price

  • Mar 15, 2023

    Date

    Active

    CRMLS: EV23041664

    $800,000

    Price

  • March, 2023

  • Mar 13, 2023

    Date

    Expired

    CRMLS: EV22205654

    $850,000

    Price

  • Sep 20, 2022

    Date

    Active

    CRMLS: EV22205654

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT INCOME OPPORTUNITY!! 7% CAP RATE IN A HIGH DEMAND AREA!! FRONT HOUSE HAS 4BEDROOMS UPSTAIRS!! 3 BEDROOMS DOWNSTAIRS!! AND 4BATHROOMS!! TWO SEPARATE HOUSES IN THE BACK WITH 1 BEDROOM 1 BATHROOM EACH!! STORAGE IN THE BACK!! CLOSE TO DOWNTOWN AND FREEWAYS!!

  • October, 2019

  • Oct 28, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 823 E Adams Blvd

Assessed Value (2020): $269,276
Year Land Value Improved Value Assessed Value
2020 $93,035 $176,241 $269,276

Home Value Compared to the Market

This property vs the competition

823 E Adams Blvd sold on August 2, 2023 for 32.77% 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 $221.12 per/sqft which puts the price per square foot 70.71% lower than the current median sale per square foot for the city of Los Angeles.

About 823 E Adams Blvd

Detailed summary of property

823 E Adams Blvd is a triplex that recently sold in Los Angeles, CA 90011. This triplex offered 9 bedrooms, 5 bathrooms, roughly 3,618 living square feet, and sits on an approximately 7,496 square foot lot. 823 E Adams Blvd was first listed on ArdentRealEstateGroup.com on March 15, 2023. The homeowner sold the property for $770,000. 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 32.77% lower than the current median priced home. Local homes that are currently for sale include 3721 Wall St, 3811 Trinity St and 1623 E 33rd St. While the average home in Los Angeles, CA is selling in 92 days, 823 E Adams Blvd has a days on market of 22 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 823 E Adams Blvd Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 823 E Adams Blvd

Public county record property details
Beds
7
Baths
3
Year built
--
Sq. Ft.
3,618
Lot Size
7,496
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5131-025-021

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$462
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
43
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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Thinking of Selling?
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(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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