847 E 25Th St, Los Angeles, CA 90011
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847 E 25Th St Los Angeles, CA 90011

$855,260 Sold Price as of 06/07/2022
  • 5 Beds
  • 7 Baths
  • 1,962 Sq.Ft.
Sold
$855,260 Sold Price as of 06/07/2022 Refinance Your Mortgage

Map preview of 847 E 25Th St, Los Angeles, CA 90011

Property Overview: 847 E 25Th St Los Angeles, CA has 5 bedrooms, 7 bathrooms, 1,962 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to own a Duplex Zoned LAR3 in the Historic South Central area, appx. less than 2 miles from the University of Southern California (USC). Property features two separate units. The front unit is a Transitional Craftsman Style home with a front porch. It features 3 spacious bedrooms and 2 bathrooms. A nice size living room, formal dining room and kitchen. Central air and heating was recently installed. House has newer laminate flooring. The second Unit/Rear Unit features 1 bedroom, 1 bath and will be delivered vacant. This unit does need remodeling. It has the potential for the new buyer to add a second bedroom or build a new two-story unit (Need to check with City for requirements). Rear unit has a private rear yard spacious enough to park a vehicle. There is a nonconforming additional third unit which is a Studio attached to the front unit which is also rented. Property has a rear laundry room. Some fruit trees; lime, lemon, orange and guava. 1,962 square footage of living space and 6,501 square footage of lot size. Property is centrally located near Downtown LA. This area offers investor/buyer a significant upside in future rental potential due to the dense rental area and the major construction developments in the area. This includes the new seven story development being built on Adams/Grand which will have 296 units of housing and 5,000 square feet of commercial space. Also, the new Multi-Housing development, featuring 105 residential units along with commercial space spanning an area of 7,300 square feet. Property is also near LA Live, Banc of California Stadium, LA Memoria Coliseum, Crypto.com Arena, Dodger Stadium, Union Station, restaurants, 10 & 110 Freeways and much more. This property is a must see!!!

Listed by Walner H Hernandez | BRE #01318574 | RE/MAX Alliance Group
Last checked: 5 minutes ago | Last updated: June 9th, 2022 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22149499
City
Los Angeles
County
Los Angeles
Time on Site
746 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,490
  • Total Rent: $1,490
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.73
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $43,080
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 847 E 25Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Laminate, Tile
  • Bonus Room, Living Room
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • No
  • Parking Features: Driveway, None
Lot Information
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5131022016
  • Architectural Style: Craftsman
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: San Pedro St. & 25th St
View more facts & features

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Sale History for 847 E 25Th St

Last sold for $855,260 on June 7th, 2022
  • June, 2022

  • Jun 7, 2022

    Date

    Sold

    CRMLS: 22149499

    $855,260

    Price

  • Apr 23, 2022

    Date

    Active

    CRMLS: 22149499

    $849,990

    Price

Tax History for 847 E 25Th St

Assessed Value (2020): $156,007
Year Land Value Improved Value Assessed Value
2020 $79,956 $76,051 $156,007

Home Value Compared to the Market

This property vs the competition

847 E 25Th St sold on June 7, 2022 for 28.57% lower 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 $433.23 per/sqft which puts the price per square foot 42.62% lower than the current median sale per square foot for the city of Los Angeles.

About 847 E 25Th St

Detailed summary of property

847 E 25Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 5 bedrooms, 7 bathrooms, roughly 1,962 living square feet, and sits on an approximately 6,501 square foot lot. 847 E 25Th St was first listed on ArdentRealEstateGroup.com on April 23, 2022. The homeowner sold the property for $855,260. 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 28.57% lower than the current median priced home. Local homes that are currently for sale include 4206 Naomi Ave, 3811 Trinity St and 1623 E 33rd St. While the average home in Los Angeles, CA is selling in 94 days, 847 E 25Th St has a days on market of 10 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 847 E 25Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 847 E 25Th St

Public county record property details
Beds
4
Baths
2
Year built
--
Sq. Ft.
1,962
Lot Size
6,501
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5131-022-016

The source for these homes facts are from public records.

90011 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.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.