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839 N Occidental Blvd, Los Angeles, CA 90026
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839 N Occidental Blvd Los Angeles, CA 90026

$2,900,000 Sold Price as of 03/29/2023
  • 8 Beds
  • 5 Baths
  • 4,186 Sq.Ft.
Sold
$2,900,000 Sold Price as of 03/29/2023 Refinance Your Mortgage
Map preview of 839 N Occidental Blvd, Los Angeles, CA 90026

Property Overview: 839 N Occidental Blvd Los Angeles, CA has 8 bedrooms, 5 bathrooms, 4,186 living square feet and 8,705 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 893 N. Occidental features 4 meticulously renovated 2-bdrm. units with approved plans for (2) 2-bdrm. ADUs. (approx. 926 SF and 606 SF). Located just South of Sunset Blvd and 1.5 miles from Sunset Junction, this charming Spanish-style fourplex is in the heart of a trendy and vibrant community and offers residents a short commute to a wide array of beloved hotspots along Sunset Blvd. The subject property is comprised of (1) 2-bdrm. & 2-Bath unit and (3) 2-bdrm. and 1-Bath units. Each charming and meticulously renovated unit perfectly combines Spanish-style architecture with modern amenities. These bright and spacious units feature hardwood flooring, quartz countertops, stainless-steel appliances, multiple wall-unit A/Cs and an in-unit washer in dryer. Please note, the property comes with approved plans and permits for (2) 2-bdrm. units (approx. 926 SF and 606 SF). The addition of these 2 units would increase the gross monthly rental income by approx. $6,000, bringing the total gross monthly income to $21,900. Located in the heart of a rental market under constant demand by high-income young professionals, 839 N. Occidental presents investors with the unique opportunity to acquire a turnkey asset with significant financial upside.

Listed by Max Berger | BRE #02054048 | Compass
Co-listed by Joe Reichling | BRE #01427385 | Compass
Last checked: 4 minutes ago | Last updated: March 31st, 2023 | Source CRMLS | DOM: 131

Home details

Lot Sq. Ft
8,705
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22200249
City
Los Angeles
County
Los Angeles
Time on Site
743 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $4,600
  • Total Rent: $4,600
  • Pro Forma/Market Rent: $4,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,900
  • Total Rent: $3,900
  • Pro Forma/Market Rent: $3,995
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,595
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,900
  • Total Rent: $3,900
  • Pro Forma/Market Rent: $3,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.63%
  • Gross Rent Multiplier: 15.7
  • Gross Scheduled Income: --
  • Net Operating Income: $138,637
  • Gross Operating Income: $185,076
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 839 N Occidental Blvd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Property Information
  • Total # of Units: 4
  • Parcel Number: 5426021019
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located just South of Sunset Blvd on Occidental Blvd. Subject property is located 1.5 miles from Sunset Junction
View more facts & features

Local Los Angeles Agent

Sale History for 839 N Occidental Blvd

Last sold for $2,900,000 on March 29th, 2023

  • March, 2023

  • Mar 29, 2023

    Date

    Sold

    CRMLS: 22200249

    $2,900,000

    Price

  • Sep 16, 2022

    Date

    Active

    CRMLS: 22200249

    $2,995,000

    Price

  • September, 2022

  • Sep 15, 2022

    Date

    Canceled

    CRMLS: 22177967

    $3,395,000

    Price

  • Aug 4, 2022

    Date

    Active

    CRMLS: 22177967

    $3,395,000

    Price

  • Listing provided courtesy of CRMLS

    A fantastic trophy 4-plex in prime Silver Lake fully tenanted at market rate, grossing over $190,000 per year. This 1920s Spanish with parking has been newly renovated with stellar finishes, including new split HVACs, updated electrical, roof repairs, new kitchens and bathrooms, and new exterior paint. The sale also includes RTI plans for two 2-bedroom ADU units, totaling an additional 1,532sf. Located just off Sunset Blvd, with easy access to shopping and eateries on Sunset and Silver Lake Boulevards, plus close proximity to the Silver Lake Reservoir, Echo Park, 101 freeway, and downtown LA.

  • August, 2020

  • Aug 3, 2020

    Date

    Sold

    CRMLS: 20577290

    $1,470,000

    Price

  • Jun 24, 2020

    Date

    Pending

    CRMLS: 20577290

    $1,599,000

    Price

  • Jun 2, 2020

    Date

    Active Under Contract

    CRMLS: 20577290

    $1,599,000

    Price

  • May 9, 2020

    Date

    Active

    CRMLS: 20577290

    $1,599,000

    Price

  • Listing provided courtesy of CRMLS

    Enchanting 4 plex in highly desirable Silverlake situated on hill a short walk down to Sunset Blvd. Owned and cared for by the same family since 1968! 3 units are 2 + 1 and 1 unit is 2 + 1.5. All units have the charming architectural details and character of the 10920s era. A shared grassy backyard filled with fruit trees has a new fence has a great a bohemian vibe. Each unit has a one car garage that can fit two tandem spots New roof & new rain gutters on building 1, Many windows have been replaced Please contact agent for a complete list of property improvements as each unit has separate upgrades. Winner! Agents please read private remarks

  • July, 2020

  • Jul 30, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,470,000

    Price

  • March, 2018

  • Mar 23, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 839 N Occidental Blvd

Assessed Value (2020): $73,242
Year Land Value Improved Value Assessed Value
2020 $36,281 $36,961 $73,242

Home Value Compared to the Market

This property vs the competition

839 N Occidental Blvd sold on March 29, 2023 for 167.41% higher 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 $715.48 per/sqft which puts the price per square foot 1.18% lower than the current median sale per square foot for the city of Los Angeles.

About 839 N Occidental Blvd

Detailed summary of property

839 N Occidental Blvd is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 8 bedrooms, 5 bathrooms, roughly 4,186 living square feet, and sits on an approximately 8,705 square foot lot. 839 N Occidental Blvd was first listed on ArdentRealEstateGroup.com on September 16, 2022. The homeowner sold the property for $2,900,000. 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 167.41% higher than the current median priced home. Local homes that are currently for sale include 4071 Melrose Ave, 211 S Hoover St and 234 N Burlington Ave. While the average home in Los Angeles, CA is selling in 106 days, 839 N Occidental Blvd has a days on market of 131 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 839 N Occidental Blvd 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 839 N Occidental Blvd

Public county record property details
Beds
8
Baths
6
Year built
1923
Sq. Ft.
4,186
Lot Size
8,704
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
153,154
APN
5426-021-019

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
$1,250,000
Median List Price/Sq.Ft.
$822
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%)

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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