823 S Detroit St, Los Angeles, CA 90036
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823 S Detroit St Los Angeles, CA 90036

$2,030,000 Sold Price as of 08/24/2021
  • 17 Beds
  • 13 Baths
  • 4,706 Sq.Ft.
Sold
$2,030,000 Sold Price as of 08/24/2021 Refinance Your Mortgage

Map preview of 823 S Detroit St, Los Angeles, CA 90036

Property Overview: 823 S Detroit St Los Angeles, CA has 17 bedrooms, 13 bathrooms, 4,706 living square feet and 6,697 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: GREAT CRUB APPEAL 4 unit income property, 4,706 sq ft building is located in the most desired and high demanded location in Miracle Mile. Remarkably and conveniently close to accessible transportation, fantastic dining, retail, and shopping areas. Central to all major freeways, Beverly Hills, Hollywood, and Downtown. The new purple-line subway station currently under construction is a mere 2 blocks away. Seeing is believing! Drive By first and dont miss out on this incredible income unit. This is a great opportunity you do not want to miss!. One unit is almost 1,800 sq/ft. 3 beds & 2.5 baths

Listed by Litta Lee | BRE #01094655 | Coldwell Banker Realty
Last checked: 9 minutes ago | Last updated: June 11th, 2024 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
6,697
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21758570
City
Los Angeles
County
Los Angeles
Time on Site
1086 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,700
  • Pro Forma/Market Rent: $1,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.5
  • Gross Scheduled Income: --
  • Net Operating Income: $100,000
  • Gross Operating Income: $120,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 823 S Detroit St

Interior Features
Room Information
  • Flooring: Tile
Kitchen Information
  • Has Appliances
  • Gas Cooktop
Interior Features
  • Security Features: Carbon Monoxide Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5089021034
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: SOUTH OF WILSHIRE. Please check with Google Map.
View more facts & features

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Sale History for 823 S Detroit St

Last leased for $6,250 on June 7th, 2024
  • June, 2024

  • Jun 7, 2024

    Date

    Leased

    CRMLS: 24396105

    $6,250

    Price

  • May 24, 2024

    Date

    Active

    CRMLS: 24396105

    $6,250

    Price

  • Listing provided courtesy of CRMLS

    Don't miss out on the opportunity to lease this beautiful two story SFR style home in Miracle Mile. Find yourself close to: Beverly Hills, The Grove, Erewhon, Hancock Park, major movie studios, and unbeatable nightlife. Amazing restaurants are walking distance from the property such as Met Him At A Bar and Met Her At A Bar. This home is completely detached from the other 3 units of a fourplex. It is a two story home complete with a private back yard and offers the benefits of a single family home. It comes with a private 2 car garage and an additional space for a 3rd vehicle. Just to name a few of the wonderful features this home offers- you have central AC/heat, up-to-date kitchen appliances, quartz kitchen counters, a massive kitchen island, beautiful floors, remodeled bathrooms, and laundry. You also have a private back yard with sliding glass doors leading to the living room and dining room areas, perfect for entertaining guests and/or enjoying with your family. Upstairs you will find 3 large bedrooms and 2 full bathrooms. The master bedroom has its own bathroom complete with a double vanity. Location is very convenient and central. Brand new ficus trees planted in the yard, which will grow into beautiful large privacy trees. Enjoy the best lifestyle the Miracle-Mile neighborhood has to offer at a great price!

  • April, 2024

  • Apr 19, 2024

    Date

    Canceled

    CRMLS: 24365865

    $6,450

    Price

  • Mar 6, 2024

    Date

    Active

    CRMLS: 24365865

    $6,450

    Price

  • Listing provided courtesy of CRMLS

    Don't miss out on the opportunity to lease this beautiful two story SFR style home in Miracle Mile. Find yourself close to: Beverly Hills, The Grove, Erewhon, Hancock Park, major movie studios, and unbeatable nightlife. Amazing restaurants are walking distance from the property such as Met Him At A Bar and Met Her At A Bar. Completely detached from the other 3 units of a fourplex, this two story home complete with a back yard offers the same benefits and privacy of a single family home. This unit has its own 2 car garage and an additional space for a 3rd vehicle in the driveway. Just to name a few of the wonderful features this home offers- you have central AC/heat, up-to-date kitchen appliances, quartz kitchen counters, a massive kitchen island, beautiful floors, remodeled bathrooms, and laundry. You also have a private back yard with sliding glass doors leading to the living room and dining room areas, perfect for entertaining guests and/or enjoying with your family. Upstairs you will find 3 large bedrooms and 2 full bathrooms. The master bedroom has its own bathroom complete with a double vanity. Location is very convenient and central. Enjoy the best lifestyle the Miracle-Mile neighborhood has to offer at a great price!

  • November, 2023

  • Nov 20, 2023

    Date

    Leased

    CRMLS: 23316091

    $3,650

    Price

  • Sep 28, 2023

    Date

    Active

    CRMLS: 23316091

    $3,650

    Price

  • Listing provided courtesy of CRMLS

    This beautifully updated 2BD/1.5BA apartment home is available now! This is a two-story townhome style unit in a lovely fourplex in the heart of LA's iconic Beverly Grove/Miracle Mile neighborhood. Enjoy this updated unit with new kitchen appliances, beautiful quartz counter tops, gorgeous bathrooms, spacious bedrooms, new flooring and freshly painted walls. Laundry is located inside of the unit complete with both washer and dryer. High ceilings will greet you upon entry along with stairs leading to two spacious bedrooms. AC/Heat mini-split system in each bedroom and in living room as well. The unit comes with TWO tandem parking spots along with ample street parking available as well. Enjoy the lifestyle the Beverly Grove neighborhood has to offer! Find yourself close to: Beverly Hills, The Grove, Erewhon, Hancock Park, major movie studios, and unbeatable nightlife.

  • October, 2022

  • Oct 27, 2022

    Date

    Leased

    CRMLS: 22209837

    $5,000

    Price

  • Oct 18, 2022

    Date

    Active

    CRMLS: 22209837

    $5,000

    Price

  • Listing provided courtesy of CRMLS

    Don't miss out on the opportunity to lease this beautifully remodeled two story SFR style home in Miracle Mile. Completely detached from the other 3 units of a fourplex, this home offers all the benefits and privacy that a single family home would to it's future tenant. Unit has its own 2 car garage and an additional space for a 3rd vehicle in the driveway. Just to name a few thewonderful features this home offers- you have central AC, brand new kitchen appliances, quartz kitchen counters, a massive kitchen island, new floors, remodeled bathrooms, and laundry. Unit also has a private back yard with sliding glass doors leading to the living room and dining room areas. Upstairs you will find 3 big bedrooms and 2 bathrooms. The master bedroom has its own bathroom complete with a double vanity. Location is very convenient and central. Enjoy the lifestyle the Miracle Mile neighborhood has to offer! Find yourself close to: Beverly Hills, The Grove, Erewhon, Hancock Park, major movie studios, and unbeatable nightlife. Amazing restaurants are walking distance from the property such as Met Him At A Bar.

  • September, 2022

  • Sep 24, 2022

    Date

    Leased

    CRMLS: 22185849

    $3,500

    Price

  • Aug 3, 2022

    Date

    Active

    CRMLS: 22185849

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    This beautifully updated 2BD/1.5BA apartment home is available now! This is a two-story townhome style unit in a lovely fourplex in the heart of LA's iconic Beverly Grove/Miracle Mile neighborhood. Be the first to enjoy this completely updated unit with brand new kitchen appliances, beautiful quartz counter tops, gorgeous bathrooms, spacious bedrooms, new flooring and freshly painted walls. Laundry is located inside of the unit complete with both washer and dryer. High ceilings will greet you upon entry along with stairs leading to two spacious bedrooms. AC/Heat mini-split system in each bedroom and in living room as well. The unit comes with TWO tandem parking spots along with ample street parking available as well. Enjoy the lifestyle the Beverly Grove neighborhood has to offer! Find yourself close to: Beverly Hills, The Grove, Erewhon, Hancock Park, major movie studios, and unbeatable nightlife.

  • August, 2021

  • Aug 26, 2021

    Date

    Sold

    CRMLS: 21758570

    $2,030,000

    Price

  • Aug 4, 2021

    Date

    Pending

    CRMLS: 21758570

    $2,100,000

    Price

  • Jul 9, 2021

    Date

    Active

    CRMLS: 21758570

    $2,100,000

    Price

  • June, 2021

  • Jun 6, 2021

    Date

    Expired

    CRMLS: 20667678

    $1,980,000

    Price

  • Dec 5, 2020

    Date

    Active

    CRMLS: 20667678

    $1,980,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT CRUB APPEAL 4 unit income property, 4,706 sq ft building is located in the most desired and high demanded location in Miracle Mile. Remarkably and conveniently close to accessible transportation, fantastic dining, retail, and shopping areas. Central to all major freeways, Beverly Hills, Hollywood, and Downtown. The new purple-line subway station currently under construction is a mere 2 blocks away. Seeing is believing! Drive By first and dont miss out on this incredible income unit. This is a great opportunity you do not want to miss!. one unit is almost 1,800 sq/ft. 3 beds & 2.5 baths

  • June, 2001

  • Jun 5, 2001

    Date

    Sold (Public Records)

    Public Records

    $620,000

    Price

Show More

Tax History for 823 S Detroit St

Assessed Value (2020): $854,231
Year Land Value Improved Value Assessed Value
2020 $440,892 $413,339 $854,231

Home Value Compared to the Market

This property vs the competition

823 S Detroit St sold on August 24, 2021 for 85.84% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $446.24 per/sqft which puts the price per square foot 40.82% lower than the current median sale per square foot for the city of Los Angeles.

About 823 S Detroit St

Detailed summary of property

823 S Detroit St is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 17 bedrooms, 13 bathrooms, roughly 4,706 living square feet, and sits on an approximately 6,697 square foot lot. 823 S Detroit St was first listed on ArdentRealEstateGroup.com on July 9, 2021. The homeowner sold the property for $2,030,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 85.84% higher than the current median priced home. Local homes that are currently for sale include 1831 S Redondo Blvd, 1852 S La Brea Ave and 417 N Gardner St. While the average home in Los Angeles, CA is selling in 99 days, 823 S Detroit St has a days on market of 26 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 823 S Detroit St Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 823 S Detroit St

Public county record property details
Beds
7
Baths
8
Year built
1964
Sq. Ft.
4,706
Lot Size
6,696
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5089-021-034

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,150,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,490,000
Median Sold Price/Sq.Ft.
$878
Total Inventory
42
Median Sale to List Price %
99.33%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (26.32%), Other (21.05%)

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Related Resources to 823 S Detroit St

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.