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827 Lucile Ave, Los Angeles, CA 90026
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827 Lucile Ave Los Angeles, CA 90026

$1,550,000
  • 6 Beds
  • 4 Baths
  • 3,672 Sq.Ft.
For Sale
$1,550,000 Get Pre-Qualified
Map preview of 827 Lucile Ave, Los Angeles, CA 90026

Property Overview: 827 Lucile Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,672 living square feet and 7,500 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: Don't miss this amazing OPPORTUNITY!! Must be seen! Great investment! Charming 4-unit property with great views on an oversized lot in the heart of Silver Lake. Cheerful landscaped native plant garden. Across the street from Bellevue Park. Rent vacant unit at market rates or live in one unit and rent the others! There are two apartments on each floor, each with its own entrance. Steps to Sunset Junction and Virgil Village shops and restaurants with Hollywood Hills, Griffith Park and DTLA views. Each unit is unique and has been lovingly maintained. Two 2 + 1. Two 1 + 1 that have extra room that could be used for an extra bedroom. Extensive Copper plumbing and electrical updates made in the 1980's. One of the top floor 2 bedroom apartments will be delivered vacant. It is freshly painted, carpeted and has new kitchen and bath flooring. Perfect for an owner's unit. Onsite parking for each unit and even guest parking! Nice common area backyard for gardening and socializing. Basement storage area as well! DO NOT DISTURB TENANTS!

Listed by Jonathan Wright | BRE #01903026 | Coldwell Banker Realty
Co-listed by Cindy Gunadi | BRE #01210891 | Coldwell Banker Realty
Last checked: 10 minutes ago | Last updated: September 16th, 2024 | Source CRMLS | DOM: 173

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1903
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23293463
City
Los Angeles
County
Los Angeles
Time on Site
416 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,595
  • Total Rent: $1,595
  • Pro Forma/Market Rent: $2,925
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $903
  • Total Rent: $903
  • Pro Forma/Market Rent: $2,925
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,467
  • Total Rent: $1,467
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 32.56
  • Gross Scheduled Income: --
  • Net Operating Income: $41,970
  • Gross Operating Income: $47,600
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 827 Lucile Ave

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Property Details for 827 Lucile Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Shared Driveway, Uncovered, Driveway, Parking Space, Guest
Lot Information
  • Lot Size Source: Other
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5427011010
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Hoover Street to Lucille
View more facts & features

Local Los Angeles Agent

Sale History for 827 Lucile Ave

View property's historical transactions

  • August, 2023

  • Aug 21, 2023

    Date

    Active

    CRMLS: 23293463

    $1,550,000

    Price

Tax History for 827 Lucile Ave

Assessed Value (2020): $82,220
Year Land Value Improved Value Assessed Value
2020 $27,095 $55,125 $82,220

Home Value Compared to the Market

This property vs the competition

827 Lucile Ave is listed 29.17% higher 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 $768 and this home is listed at $422.11 per/sqft which puts the price per square foot 45.04% lower than the median price per square foot for the city of Los Angeles.

About 827 Lucile Ave

Detailed summary of property

827 Lucile Ave is a multi family located in Los Angeles, CA 90026 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 3,672 living square feet, and sits on an approximately 7,500 square foot lot. 827 Lucile Ave was first listed on ArdentRealEstateGroup.com on July 31, 2023. The homeowner is currently asking $1,550,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.17% higher than the median priced home. Local competing homes currently for sale include 4121 Gateway Ave, 1116 N Madison Ave and 2969 London St. While the average home in Los Angeles, CA is selling in 106 days, 827 Lucile Ave has a days on market of 173 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 827 Lucile Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 827 Lucile Ave

Public county record property details
Beds
6
Baths
4
Year built
1903
Sq. Ft.
3,672
Lot Size
7,500
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5427-011-010

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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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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