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824 N Hicks Ave, Los Angeles, CA 90063
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824 N Hicks Ave Los Angeles, CA 90063

$945,000 Sold Price as of 09/05/2019
  • 6600 Beds
  • 4950 Baths
  • 3,832 Sq.Ft.
Sold
$945,000 Sold Price as of 09/05/2019 Refinance Your Mortgage
Map preview of 824 N Hicks Ave, Los Angeles, CA 90063

Property Overview: 824 N Hicks Ave Los Angeles, CA has 6600 bedrooms, 4950 bathrooms, 3,832 living square feet and 6,705 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity for an income property, built in 2016. I has 2 stories, 4 Bedrooms / 3 bath each unit. Open floor plan with large living room and dinning room.Master bedroom. Ceramic tile flooring throughout and carpet in bedrooms. Laundry room and 3 car detached garage. Tenant sect. 8 and not rent control area. Seller lives in the back property which will be delivered vacant at end of escrow.

Listed by Vania Rincon | BRE #01489265 | Keller Williams Pacific Estate
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
6,705
HOA Dues
$0/mo
Year built
2016
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19484016
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 826
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 824
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.63
  • Gross Scheduled Income: --
  • Net Operating Income: $59,280
  • Gross Operating Income: $62,400
  • Improvements Total: $395,760
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 824 N Hicks Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • No Laundry
  • Common Area, None
Room Information
  • Flooring: Tile
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Open Floorplan
  • Levels: Two
  • Security Features: Fire Sprinkler System
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Three Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5231013005
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Amenities: Water
Location / Neighborhood
Location Information
  • Directions: Between Blanchard St. and Winter St.
View more facts & features

Local Los Angeles Agent

Sale History for 824 N Hicks Ave

Last sold for $945,000 on September 5th, 2019

  • September, 2019

  • Sep 7, 2019

    Date

    Sold

    CRMLS: 19484016

    $945,000

    Price

  • Aug 1, 2019

    Date

    Active Under Contract

    CRMLS: 19484016

    $950,000

    Price

  • Jul 12, 2019

    Date

    Pending

    CRMLS: 19484016

    $950,000

    Price

  • Jul 1, 2019

    Date

    Active

    CRMLS: 19484016

    $950,000

    Price

  • September, 2019

  • Sep 3, 2019

    Date

    Sold (Public Records)

    Public Records

    $945,000

    Price

  • June, 2019

  • Jun 24, 2019

    Date

    Canceled

    CRMLS: 19435584

    $960,000

    Price

  • Jun 15, 2019

    Date

    Active

    CRMLS: 19435584

    $960,000

    Price

  • Jun 5, 2019

    Date

    Hold

    CRMLS: 19435584

    $960,000

    Price

  • Apr 18, 2019

    Date

    Price Change

    CRMLS: 19435584

    $960,000

    Price

  • Mar 4, 2019

    Date

    Active

    CRMLS: 19435584

    $975,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity for an income property, built in 2016. I has 2 stories, 4 Bedrooms / 3 bath each unit. Open floor plan with large living room and dinning room. Master bedroom. Ceramic tile flooring throughout and carpet in bedrooms. Laundry room and 3 car detached garage. Tenant sect. 8 and not rent control area. Seller lives in the back property which will be delivered vacant at end of escrow.

  • March, 2016

  • Mar 11, 2016

    Date

    Sold (Public Records)

    Public Records

    $659,000

    Price

Show More

Tax History for 824 N Hicks Ave

Assessed Value (2020): $945,000
Year Land Value Improved Value Assessed Value
2020 $515,000 $430,000 $945,000

Home Value Compared to the Market

This property vs the competition

824 N Hicks Ave sold on September 5, 2019 for 15.18% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $247.91 per/sqft which puts the price per square foot 65.76% lower than the current median sale per square foot for the city of Los Angeles.

About 824 N Hicks Ave

Detailed summary of property

824 N Hicks Ave is a multi family that recently sold in Los Angeles, CA 90063. This multi family property offered 6600 bedrooms, 4950 bathrooms, roughly 3,832 living square feet, and sits on an approximately 6,705 square foot lot. 824 N Hicks Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $945,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 15.18% lower than the current median priced home. Local homes that are currently for sale include 2675 Pomeroy Ave, 1178 Buelah Ave and 2641 Pomeroy Ave. While the average home in Los Angeles, CA is selling in 106 days, 824 N Hicks Ave has a days on market of 10 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 824 N Hicks 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 824 N Hicks Ave

Public county record property details
Beds
8
Baths
6
Year built
2016
Sq. Ft.
3,832
Lot Size
6,704
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5231-013-005

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
$675,000
Median List Price/Sq.Ft.
$624
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
42
Median Sale to List Price %
100.17%
Avg Days on Market
57
Loan Type
Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

Thinking of Selling?

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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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