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839 W 69Th St, Los Angeles, CA 90044
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839 W 69Th St Los Angeles, CA 90044

$570,000 Sold Price as of 03/03/2023
  • 7 Beds
  • 10 Baths
  • 2,100 Sq.Ft.
Sold
$570,000 Sold Price as of 03/03/2023 Refinance Your Mortgage
Map preview of 839 W 69Th St, Los Angeles, CA 90044

Property Overview: 839 W 69Th St Los Angeles, CA has 7 bedrooms, 10 bathrooms, 2,100 living square feet and 7,152 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property is located in the redevelopment plan for Los Angeles, Vermont Knolls, the county is starting construction of a new complex that will hold 180 units of affordable housing, a public school, a transit plaza, a bus transfer center, and shops. The lot size is re-zoned for a future desirable three unit with an ADU on top of the garage making it a total of four units, Its current use is zoned as a fourplex, all units are currently rented except one for the new owner who may like to occupy it using FHA or VA financing. This is a great investment opportunity for owner users or investors. Two of the units were recently upgraded. The long driveway leads to a spacious backyard. There you will find a 3 car garage which provides ample parking spaces. Please contact the listing agent for showing availability. The seller is currently in a request for a short sale approval, make all offers subject to short sale approval. Contact the listing agent for more information.

Listed by Ernestine Crews | BRE #01013911 | Ernestine Crews
Last checked: 2 minutes ago | Last updated: March 4th, 2023 | Source CRMLS | DOM: 207

Home details

Lot Sq. Ft
7,152
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22169439
City
Los Angeles
County
Los Angeles
Time on Site
821 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,245
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,787
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $764
  • Total Rent: $764
  • Pro Forma/Market Rent: $1,787
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,375
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.83
  • Gross Scheduled Income: --
  • Net Operating Income: $53,080
  • Gross Operating Income: $59,440
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $80
  • Gardener: $100
  • Water/Sewer: $350

Property Details for 839 W 69Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Vented Exhaust Fan
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway - Combination
Property Information
  • Total # of Units: 4
  • Parcel Number: 6013008006
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Slauson and East of Hoover
View more facts & features

Local Los Angeles Agent

Sale History for 839 W 69Th St

Last sold for $570,000 on March 3rd, 2023

  • March, 2023

  • Mar 3, 2023

    Date

    Sold

    CRMLS: 22169439

    $570,000

    Price

  • Jun 20, 2022

    Date

    Active

    CRMLS: 22169439

    $849,900

    Price

  • September, 2021

  • Sep 16, 2021

    Date

    Price Change

    CRMLS: 21757802

    $789,000

    Price

  • Jul 7, 2021

    Date

    Active

    CRMLS: 21757802

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Located in Los Angeles, CA, this 4 unit multi-family property is a great investment opportunity! 2 of the 4 units were recently renovated (floors, appliances, paint etc.). The property is located near parks, schools, freeways and transits. The long driveway leads to a spacious backyard. There you will find a 3 car garage which provides ample parking space. Great rent upside as two units will be delivered vacant.

  • June, 2021

  • Jun 5, 2021

    Date

    Canceled

    CRMLS: 21678684

    $725,000

    Price

  • Jan 11, 2021

    Date

    Active

    CRMLS: 21678684

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to offer for sale this 4-unit multifamily investment opportunity. This is a current high yield 6% cap rate with approximately 35% rental upside. The offering consists of 3 detached buildings, totaling an actual 2,116 SF [county records reflect 1,799 sf, buyer to investigate with the City of LA for possible permits]. The extra long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. The investment will be delivered 100% occupied. This property is well situated near schools, parks, and public transportation.

  • February, 2020

  • Feb 29, 2020

    Date

    Sold

    CRMLS: MB19279070

    $660,000

    Price

  • Jan 23, 2020

    Date

    Pending

    CRMLS: MB19279070

    $675,000

    Price

  • Dec 13, 2019

    Date

    Active

    CRMLS: MB19279070

    $675,000

    Price

  • Dec 13, 2019

    Date

    Withdrawn

    CRMLS: MB19279070

    $675,000

    Price

  • Dec 11, 2019

    Date

    Active

    CRMLS: MB19279070

    $675,000

    Price

  • Dec 11, 2019

    Date

    Withdrawn

    CRMLS: MB19279070

    $675,000

    Price

  • Dec 11, 2019

    Date

    Active

    CRMLS: MB19279070

    $675,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all investors, huge value add opportunity. 3 units [+ 1 Bonus Unit (Non-Conforming)] on a large lot in an excellent Los Angeles location. 2 of the units are and will be delivered vacant. The offering consists of 3 detached buildings, totaling 1,770 SF and situated on a 7,153 SF, LARD2 /Tier-2 TOC Lot. The extra-long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. This property is located close to everything! Schools, parks, transit, and freeways! Close to the 110 freeway, USC, Downtown Los Angeles and more! Motivated Seller bring all offers. * County records reflect 1,770 sf and 4 legal units, City Records indicated only 3 legal units. The buyer to investigate with the City of LA for the possible permits.

  • February, 2020

  • Feb 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $660,000

    Price

  • December, 2019

  • Dec 10, 2019

    Date

    Canceled

    CRMLS: MB19183230

    $685,000

    Price

  • Oct 25, 2019

    Date

    Withdrawn

    CRMLS: MB19183230

    $685,000

    Price

  • Aug 18, 2019

    Date

    Active

    CRMLS: MB19183230

    $685,000

    Price

  • Aug 16, 2019

    Date

    Withdrawn

    CRMLS: MB19183230

    $685,000

    Price

  • Aug 1, 2019

    Date

    Active

    CRMLS: MB19183230

    $685,000

    Price

  • Listing provided courtesy of CRMLS

    CASH COW ALERT! Actual cap-rate 6.98%+ with more potential upside. 4 UNITS in 3 detached buildings, totaling an actual 2,116 SF. This well kept 4 unit building situated on a large lot!; the said lot is zoned LARD2 (Tier 2 TOC). The extra-long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. 3 of the 4 units are currently occupied by established tenants. The studio is currently vacant but we have a $1,000/mo commitment from a well-qualified tenant. LOCATION, LOCATION, LOCATION! Just 500 ft from Gerald A. Lawson Academy of the Arts, Mathematics and Science School (Elementary) & St. Raphael Elementary School (Private), 5-minute walk to the closest bus stop, 3-minute walk to Menlo Park and Mt. Carmel High School. 4 minutes from the 110 freeway. This property is located in the heart of the Vermont Corridor which is being redeveloped by the City and County of Los Angeles in preparation for the upcoming Olympic Games and FIFA World Cup. There is tons of potential! Buyer to conduct their own due diligence.

  • July, 2019

  • Jul 31, 2019

    Date

    Canceled

    CRMLS: MB19074986

    $693,000

    Price

  • Jul 23, 2019

    Date

    Active

    CRMLS: MB19074986

    $693,000

    Price

  • Jul 16, 2019

    Date

    Pending

    CRMLS: MB19074986

    $693,000

    Price

  • Apr 3, 2019

    Date

    Active

    CRMLS: MB19074986

    $693,000

    Price

  • Listing provided courtesy of CRMLS

    WOW! Actual cap 6.5%+ with more potential upside. Motivated seller. 4 UNITS in 3 detached buildings, totaling an actual 2,116 SF. This well kept 4 unit building situated on a large lot!; the said lot is zoned ***LARD2 and a Tier 2 TOC zoned area***. The extra long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. All units have established tenants and will be delivered 100% occupied. Good paying tenants! This property is located close to everything! Schools, parks, transit and freeways! Close to the 110 freeway, USC, Downtown Los Angeles and more! Definitely, a must see for investors looking for passive income. Motivated Seller bring all offers.

  • February, 2019

  • Feb 15, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2019

  • Feb 8, 2019

    Date

    Canceled

    CRMLS: MB18192739

    $695,000

    Price

  • Jan 29, 2019

    Date

    Price Change

    CRMLS: MB18192739

    $695,000

    Price

  • Jan 29, 2019

    Date

    Active

    CRMLS: MB18192739

    $699,000

    Price

  • Nov 8, 2018

    Date

    Withdrawn

    CRMLS: MB18192739

    $699,000

    Price

  • Oct 26, 2018

    Date

    Active

    CRMLS: MB18192739

    $699,000

    Price

  • Oct 26, 2018

    Date

    Withdrawn

    CRMLS: MB18192739

    $699,000

    Price

  • Oct 25, 2018

    Date

    Price Change

    CRMLS: MB18192739

    $699,000

    Price

  • Oct 5, 2018

    Date

    Price Change

    CRMLS: MB18192739

    $709,000

    Price

  • Sep 28, 2018

    Date

    Price Change

    CRMLS: MB18192739

    $714,000

    Price

  • Aug 8, 2018

    Date

    Active

    CRMLS: MB18192739

    $719,000

    Price

  • Listing provided courtesy of CRMLS

    WOW! Actual cap 6.5%+ with more potential upside. Motivated seller. The offering consists of 3 detached buildings, totaling an actual 2,116 SF [county records reflect 1,770 sf, buyer to investigate with the City of LA for possible permits]. This well kept 4 unit building situated on a large lot!; the said lot is zoned ***LARD2 and a Tier 2 TOC zoned area***. The extra long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. All units have established tenants and will be delivered 100% occupied. Good paying tenants! This property is located close to everything! Schools, parks, transit and freeways! Close to the 110 freeway, USC, Downtown Los Angeles and more! Definitely, a must see for investors looking for passive income. Motivated Seller bring all offers.

  • January, 2019

  • Jan 29, 2019

    Date

    Canceled

    CRMLS: 18412076

    $697,000

    Price

  • Jan 24, 2019

    Date

    Price Change

    CRMLS: 18412076

    $697,000

    Price

  • Nov 30, 2018

    Date

    Active

    CRMLS: 18412076

    $699,000

    Price

  • Listing provided courtesy of CRMLS

    Actual cap 6.5%+ with more potential upside. Motivated seller. The offering consists of 3 detached buildings, totaling an actual 2,116 SF [county records reflect 1,770 sf, buyer to investigate with the City of LA for possible permits]. This well kept 4 unit building situated on a large lot!; the said lot is zoned ***LARD2 and a Tier 2 TOC zoned area***. The extra long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. All units have established tenants and will be delivered 100% occupied. Good paying tenants! This property is located close to everything! Schools, parks, transit and freeways! Close to the 110 freeway, USC, Downtown Los Angeles and more! Definitely, a must see for investors looking for passive income. Motivated Seller bring all offers.

  • August, 2018

  • Aug 2, 2018

    Date

    Canceled

    CRMLS: MB18098271

    $739,000

    Price

  • Jul 12, 2018

    Date

    Active

    CRMLS: MB18098271

    $739,000

    Price

  • Jul 12, 2018

    Date

    Withdrawn

    CRMLS: MB18098271

    $739,000

    Price

  • Jun 18, 2018

    Date

    Active

    CRMLS: MB18098271

    $739,000

    Price

  • Jun 18, 2018

    Date

    Withdrawn

    CRMLS: MB18098271

    $739,000

    Price

  • Jun 16, 2018

    Date

    Price Change

    CRMLS: MB18098271

    $739,000

    Price

  • Jun 12, 2018

    Date

    Price Change

    CRMLS: MB18098271

    $749,000

    Price

  • May 31, 2018

    Date

    Price Change

    CRMLS: MB18098271

    $759,000

    Price

  • May 18, 2018

    Date

    Price Change

    CRMLS: MB18098271

    $769,000

    Price

  • May 14, 2018

    Date

    Price Change

    CRMLS: MB18098271

    $775,000

    Price

  • Apr 27, 2018

    Date

    Active

    CRMLS: MB18098271

    $795,000

    Price

  • Listing provided courtesy of CRMLS

    Motivated seller!!! Bring all reasonable offers! Actual cap 5.5%+ with more potential upside. This property is located close to everything! Schools, parks, transit and freeways! This well kept 4 unit building situated on a large lot! The extra long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated. All units have established tenants and will be delivered 100% occupied. Good paying tenants! Definitely a must see for investors looking for passive income. Close to the 110 freeway, USC, Downtown Los Angeles and more!

  • July, 2017

  • Jul 13, 2017

    Date

    Sold

    CRMLS: DW17142662

    $515,000

    Price

  • Jun 30, 2017

    Date

    Expired

    CRMLS: DW17142662

    $529,000

    Price

  • Jun 26, 2017

    Date

    Hold

    CRMLS: DW17142662

    $529,000

    Price

  • Jun 25, 2017

    Date

    Price Change

    CRMLS: DW17142662

    $529,000

    Price

  • Jun 23, 2017

    Date

    Price Change

    CRMLS: DW17142662

    $539,900

    Price

  • Jun 23, 2017

    Date

    Active

    CRMLS: DW17142662

    $539,000

    Price

  • Listing provided courtesy of CRMLS

    BACK ON THE MARKET!!!Great opportunity income property, BREAD AND BUTTER. 4 units . 3 of the units have been recently remodeled The first unit consist of 2 bedrooms and 1 bathroom with a gated spacious front yard (recently remodeled). The second unit has 1 bedroom, 1 bathroom it has also been recently remodeled. The third unit has 1 bedroom, 1 bathroom (rented ). The fourth unit is the single and it has also been recently remodeled Great opportunity for any investor. Close to schools, parks and easy access to the 110 freeway..................SELLER LOOKING FOR CASH OFFER. SHORT ESCROW

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Tax History for 839 W 69Th St

Assessed Value (2020): $535,806
Year Land Value Improved Value Assessed Value
2020 $364,140 $171,666 $535,806

Home Value Compared to the Market

This property vs the competition

839 W 69Th St sold on March 3, 2023 for 48.3% 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 $275.71 per/sqft which puts the price per square foot 61.92% lower than the current median sale per square foot for the city of Los Angeles.

About 839 W 69Th St

Detailed summary of property

839 W 69Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 7 bedrooms, 10 bathrooms, roughly 2,100 living square feet, and sits on an approximately 7,152 square foot lot. 839 W 69Th St was first listed on ArdentRealEstateGroup.com on June 21, 2022. The homeowner sold the property for $570,000. 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 48.3% lower than the current median priced home. Local homes that are currently for sale include 1743 W 70th St, 118 E 84th St and 1141 W 89th St. While the average home in Los Angeles, CA is selling in 106 days, 839 W 69Th St has a days on market of 207 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 839 W 69Th St 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 839 W 69Th St

Public county record property details
Beds
4
Baths
4
Year built
1929
Sq. Ft.
1,799
Lot Size
7,152
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
40
APN
6013-008-006

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
$650,000
Median List Price/Sq.Ft.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 839 W 69Th St

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$540,000 Last Sold Price
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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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