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841 Cleveland St, Los Angeles, CA 90012
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841 Cleveland St Los Angeles, CA 90012

$870,000 Sold Price as of 06/20/2019
  • 10 Beds
  • 6 Baths
  • 4,022 Sq.Ft.
Sold
$870,000 Sold Price as of 06/20/2019 Refinance Your Mortgage
Map preview of 841 Cleveland St, Los Angeles, CA 90012

Property Overview: 841 Cleveland St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 4,022 living square feet and 4,699 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great investment opportunity! Well built and easy to maintain units in the heart of Chinatown. Unit 3 set up for owner's unit with 5 bedrooms and 3 bathrooms, currently divided into 3 sub-units: Front portion of unit 3 was patio and enclosed, modified without permit, 2 bedrooms and 1 bathroom is currently rented for $609 Middle portion of unit 3 with 2 bedrooms and 1 bathroom is owner's unit, no rent and open for negotiation Rear portion of unit 3-- Single with 3/4 bathroom is ready to be rented All 3 sub-units have own entrance. Units was inspected by LAHD in 2018 and all up to standard Property subject to City of LA department of building and safety soft-story retrofit, buyer to assume responsibility

Listed by WENNY NG | BRE #01040074 | HUNTINGTON REALTY GROUP CO.
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
4,699
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
WS19087445
City
Los Angeles
County
Los Angeles
Time on Site
1270 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $969
  • Total Rent: $969
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $857
  • Total Rent: $857
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $609
  • Total Rent: $609
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $981
  • Total Rent: $981
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,998
  • Net Operating Income: $22,626
  • Gross Operating Income: $39,672
Annual Expense Breakdown
  • Total Operating Expense: $17,046
  • Electric: $1,232
  • Gas/Fuel: $1,367
  • Licenses: $272
  • New Taxes: $3,262
  • Trash: $292
  • Insurance: $2,860
  • Maintenance: $2,450
  • Water/Sewer: $3,647
  • Other Expenses: $1,338
  • Other Expense Description: repairs

Property Details for 841 Cleveland St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Range, Gas Water Heater
Interior Features
  • Tile Counters
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Flat
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5407009005
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Back of Alpine Recreation Center between College and Alpine
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
Neighborhood Information
  • Community Features: Park, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 841 Cleveland St

Last sold for $870,000 on June 20th, 2019

  • March, 2021

  • Mar 1, 2021

    Date

    Expired

    CRMLS: WS20230419

    $1,450,000

    Price

  • Jan 7, 2021

    Date

    Withdrawn

    CRMLS: WS20230419

    $1,450,000

    Price

  • Nov 1, 2020

    Date

    Active

    CRMLS: WS20230419

    $1,450,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment opportunity in the heart of Chinatown. Easy access to Downtown Los Angeles and other surrounding areas such as Echo Park, Silver Lake and Boyle Heights. There are 4 units on the property and unit 3 is set up for owner's occupy unit if needed. The property was inspected by HCIDLA in 2018 and everything is up to date. This property is subject to City of LA department of building and safety soft-story retrofit, buyer to assume responsibility. Please do not DISTURB THE TENANT AS IT IS DRIVE BY ONLY. Please contact agent to schedule viewing of property. You will only be able to see one unit that is vacant.

  • June, 2019

  • Jun 21, 2019

    Date

    Sold

    CRMLS: WS19087445

    $870,000

    Price

  • Jun 7, 2019

    Date

    Pending

    CRMLS: WS19087445

    $890,000

    Price

  • Apr 25, 2019

    Date

    Active Under Contract

    CRMLS: WS19087445

    $890,000

    Price

  • Apr 17, 2019

    Date

    Active

    CRMLS: WS19087445

    $890,000

    Price

  • June, 2019

  • Jun 20, 2019

    Date

    Sold (Public Records)

    Public Records

    $870,000

    Price

Show More

Tax History for 841 Cleveland St

Assessed Value (2020): $887,400
Year Land Value Improved Value Assessed Value
2020 $532,440 $354,960 $887,400

Home Value Compared to the Market

This property vs the competition

841 Cleveland St sold on June 20, 2019 for 30.14% lower than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $221.28 per/sqft which puts the price per square foot 72.02% lower than the current median sale per square foot for the city of Los Angeles.

About 841 Cleveland St

Detailed summary of property

841 Cleveland St is a apartment that recently sold in Los Angeles, CA 90012. This apartment offered 10 bedrooms, 6 bathrooms, roughly 4,022 living square feet, and sits on an approximately 4,699 square foot lot. 841 Cleveland St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $870,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 30.14% lower than the current median priced home. Local homes that are currently for sale include 2043-2045 City View Ave, 210 Amabel St and 2415 Gates St. While the average home in Los Angeles, CA is selling in 100 days, 841 Cleveland St has a days on market of 7 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 841 Cleveland St Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 841 Cleveland St

Public county record property details
Beds
8
Baths
4
Year built
1962
Sq. Ft.
4,022
Lot Size
4,699
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5407-009-005

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$587
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$579
Total Inventory
62
Median Sale to List Price %
96.77%
Avg Days on Market
53
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (37.5%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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