828 N Detroit St, Los Angeles, CA 90046
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828 N Detroit St Los Angeles, CA 90046

$1,560,000 Sold Price as of 09/21/2021
  • 2 Beds
  • 2 Baths
  • 1,855 Sq.Ft.
Sold
$1,560,000 Sold Price as of 09/21/2021 Refinance Your Mortgage

Map preview of 828 N Detroit St, Los Angeles, CA 90046

Property Overview: 828 N Detroit St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,855 living square feet and 6,665 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Michael Monempour | BRE #01996829 | Kidder Mathews of California, Inc.
Last checked: 8 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 164

Home details

Lot Sq. Ft
6,665
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21748950
City
Los Angeles
County
Los Angeles
Time on Site
1060 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $13,200
  • Gross Operating Income: $13,200
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 828 N Detroit St

Interior Features
Heating Information
  • Has Heating
  • Natural Gas
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 2
  • Parcel Number: 5525004018
Location / Neighborhood
Location Information
  • Directions: North of Melrose, South of Santa Monica Blvd & One Block West of La Brea
View more facts & features

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Sale History for 828 N Detroit St

Last sold for $1,560,000 on September 21st, 2021
  • September, 2021

  • Sep 10, 2021

    Date

    Expired

    CRMLS: 21748950

    $1,725,000

    Price

  • Jun 14, 2021

    Date

    Active

    CRMLS: 21748950

    $1,725,000

    Price

  • September, 2021

  • Sep 10, 2021

    Date

    Expired

    CRMLS: 21702966

    $1,725,000

    Price

  • Mar 9, 2021

    Date

    Active

    CRMLS: 21702966

    $1,725,000

    Price

  • Listing provided courtesy of CRMLS

    The offering is a rare opportunity for a Developer to acquire a Duplex with one Unit vacant situated on a 6,665 SF Lot zoned LA-R3 1XL. Located in the heart of Melrose Fairfax District, one of the trendiest areas in Los Angeles. This amenity rich location has a walk score of 94! Within close Proximity to an Array of Fine Dining & Entertainment options. A Developer will have the opportunity to build 14 Units through TOC (Transit Oriented Communities) Tier 1 or a Luxurious 4 Unit Townhome Complex. **** Buyer to Verify with Los Angeles Department of Building & Safety.

  • October, 2020

  • Oct 27, 2020

    Date

    Expired

    CRMLS: BB19229878

    $1,699,000

    Price

  • Oct 26, 2020

    Date

    Active

    CRMLS: BB19229878

    $1,699,000

    Price

  • Nov 13, 2019

    Date

    Pending

    CRMLS: BB19229878

    $1,699,000

    Price

  • Oct 25, 2019

    Date

    Active Under Contract

    CRMLS: BB19229878

    $1,699,000

    Price

  • Oct 21, 2019

    Date

    Price Change

    CRMLS: BB19229878

    $1,699,000

    Price

  • Sep 27, 2019

    Date

    Active

    CRMLS: BB19229878

    $1,749,000

    Price

  • Listing provided courtesy of CRMLS

    Attention Investors & Developers! Opportunity knocks in the heart of the Melrose District!! Income property/development opportunity on street to alley lot in prime location. Duplex with R3 zoning on over 6,500 sq ft lot offers many possibilities in this incredible area just North of Melrose and South of Santa Monica Blvd. The property is being sold for land value. Currently two - 1 bedroom 1 bathroom units super spacious with large living room, dinning room, kitchen, bathroom and large bedroom. 2 car detached garage with alley access. The great location is in the center of dining, entertainment, schools and community facilities.

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Tax History for 828 N Detroit St

Assessed Value (2020): $91,636
Year Land Value Improved Value Assessed Value
2020 $60,500 $31,136 $91,636

Home Value Compared to the Market

This property vs the competition

828 N Detroit St sold on September 21, 2021 for 44.96% 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 $929.92 per/sqft which puts the price per square foot 23.17% higher than the current median sale per square foot for the city of Los Angeles.

About 828 N Detroit St

Detailed summary of property

828 N Detroit St is a multi family that recently sold in Los Angeles, CA 90046. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,855 living square feet, and sits on an approximately 6,665 square foot lot. 828 N Detroit St was first listed on ArdentRealEstateGroup.com on June 15, 2021. The homeowner sold the property for $1,560,000. 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 44.96% higher than the current median priced home. Local homes that are currently for sale include 1012 S Sycamore Ave, 812 N Van Ness Ave and 716 N Van Ness Ave. While the average home in Los Angeles, CA is selling in 93 days, 828 N Detroit St has a days on market of 164 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 828 N Detroit St Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 828 N Detroit St

Public county record property details
Beds
2
Baths
2
Year built
1923
Sq. Ft.
1,855
Lot Size
6,665
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5525-004-018

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,950,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
224
Median Sale to List Price %
117.72%
Avg Days on Market
34
Loan Type
Conventional (2.7%), FHA (0%), VA (0%), Cash (13.51%), Other (2.7%)

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Related Resources to 828 N 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.