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827 W Colden Ave, Los Angeles, CA 90044
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827 W Colden Ave Los Angeles, CA 90044

$1,300,000 Sold Price as of 11/18/2021
  • 10 Beds
  • 8 Baths
  • 5,290 Sq.Ft.
Sold
$1,300,000 Sold Price as of 11/18/2021 Refinance Your Mortgage
Map preview of 827 W Colden Ave, Los Angeles, CA 90044

Property Overview: 827 W Colden Ave Los Angeles, CA has 10 bedrooms, 8 bathrooms, 5,290 living square feet and 8,821 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: I am pleased to present the opportunity to acquire 827 West Colden Avenue, an eight-unit apartment community inLos Angeles. The well-maintained property built in 1958 consists ofsix one-bedroom units and two two-bedroom units.The property is 5,290 square feet, located on an 8,821square foot lot and is walking distance to multiple transit options, facilitating residents the ability to travel throughout Los Angeles. The locationprovides convenient access to daily errands andretail options.The value-add potential for a new owner to upgradethe unrenovated units to achieve superior futurereturns moving forward makes 827 West ColdenAvenue an excellent investment opportunity.

Listed by Sean Rosenzweig | BRE #01406343 | Marcus & Millichap
Last checked: 3 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 99

Home details

Lot Sq. Ft
8,821
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21760042
City
Los Angeles
County
Los Angeles
Time on Site
1041 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $931
  • Total Rent: $5,588
  • Pro Forma/Market Rent: $9,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,003
  • Total Rent: $2,006
  • Pro Forma/Market Rent: $3,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.91
  • Gross Scheduled Income: --
  • Net Operating Income: $47,622
  • Gross Operating Income: $89,354
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 827 W Colden Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Covered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 8
  • Parcel Number: 6039017069
Location / Neighborhood
Location Information
  • Directions: 827 West Colden Avenue is situated justnorth of Century Boulevard in a dense infill pocket ofLos Angeles.
View more facts & features

Local Los Angeles Agent

Sale History for 827 W Colden Ave

Last sold for $1,300,000 on November 18th, 2021

  • July, 2021

  • Jul 13, 2021

    Date

    Active

    CRMLS: 21760042

    $1,450,000

    Price

Tax History for 827 W Colden Ave

Assessed Value (2020): $105,082
Year Land Value Improved Value Assessed Value
2020 $22,836 $82,246 $105,082

Home Value Compared to the Market

This property vs the competition

827 W Colden Ave sold on November 18, 2021 for 21.85% higher 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 $274.1 per/sqft which puts the price per square foot 63.7% lower than the current median sale per square foot for the city of Los Angeles.

About 827 W Colden Ave

Detailed summary of property

827 W Colden Ave is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 10 bedrooms, 8 bathrooms, roughly 5,290 living square feet, and sits on an approximately 8,821 square foot lot. 827 W Colden Ave was first listed on ArdentRealEstateGroup.com on July 13, 2021. The homeowner sold the property for $1,300,000. 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 21.85% higher than the current median priced home. Local homes that are currently for sale include 210 W 77th St, 1701 W Florence Ave and 834 E 85th St. While the average home in Los Angeles, CA is selling in 92 days, 827 W Colden Ave has a days on market of 99 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 827 W Colden Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 827 W Colden Ave

Public county record property details
Beds
10
Baths
8
Year built
1958
Sq. Ft.
5,290
Lot Size
8,821
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
212
APN
6039-017-069

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
78
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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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