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852 W Florence Ave, Los Angeles, CA 90044
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852 W Florence Ave Los Angeles, CA 90044

$540,000 Sold Price as of 01/14/2021
  • 6 Beds
  • 4 Baths
  • 2,078 Sq.Ft.
Sold
$540,000 Sold Price as of 01/14/2021 Refinance Your Mortgage
Map preview of 852 W Florence Ave, Los Angeles, CA 90044

Property Overview: 852 W Florence Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,078 living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is the perfect property for your buyer, three units in Los Angeles area -----Unit #1 front house features 3 bedroom 2 bath with laundry room, Unit #2 back upper level feature 2 bedroom 1 bath with laundry room, unit interior was recently painted and bathroom was completely remodeled, Unit #3 One bedroom one bath on lower level was recently painted and was partially remodel, you can not go wrong with this property, it has a lot of parking space it is centrally located and it has a lost of potential..... The one bedroom one bath unit will remain occupy at the closed of escrow the other two units will be available to your buyer....... Property was recently painted from the outside and it is also gated. Buyer to conduct their own property investigation with city of Los Angeles if they wish to...... The sale of this property is subject to seller finding a property and closing concurrently with this escrow. Seller intents to do a 1031 exchange, buyer to agreed with terms before proceeding to write offer. Please drive by only, do not disturb occupants.

Listed by Wendy Cordero | BRE #01223667 | The American Dream Investments
Last checked: 6 minutes ago | Last updated: February 3rd, 2023 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1921
Garage
1 Car
Property Type:
Triplex
Status
Sold
MLS#
DW20224028
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $12,000
  • Net Operating Income: $675
  • Gross Operating Income: --
  • Vacancy Allowance: $0
Annual Expense Breakdown
  • Total Operating Expense: $11,325
  • New Taxes: $6,750
  • Trash: $1,200
  • Insurance: $1,575
  • Water/Sewer: $1,800

Property Details for 852 W Florence Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile, Wood
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Average Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Concrete
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6020002003
  • Year Built Source: Assessor
  • Property is not Attached
  • Accessibility Features: Parking
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
Location / Neighborhood
Location Information
  • Directions: West of Hoover, East of Menlo, N of 73rd St., South of 71st. St.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 852 W Florence Ave

Last sold for $540,000 on January 14th, 2021

  • January, 2021

  • Jan 14, 2021

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • September, 2020

  • Sep 8, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2013

  • Feb 1, 2013

    Date

    Sold

    CRMLS: M12116061

    $340,000

    Price

  • Sep 17, 2012

    Date

    Active

    CRMLS: M12116061

    $369,000

    Price

  • Listing provided courtesy of CRMLS

    Standard Sale, price reduced!!! 3 Very nice units for your first time buyers. Front house is 3 Bedrooms 2 Bathrooms. Back building have two units: one of 2 Bedrooms 1 bathroom and one single. Each unit has its own gas and electric meter. FHA Offers welcome!

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Tax History for 852 W Florence Ave

Assessed Value (2020): $382,828
Year Land Value Improved Value Assessed Value
2020 $304,013 $78,815 $382,828

Home Value Compared to the Market

This property vs the competition

852 W Florence Ave sold on January 14, 2021 for 51.79% 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 $259.87 per/sqft which puts the price per square foot 64.11% lower than the current median sale per square foot for the city of Los Angeles.

About 852 W Florence Ave

Detailed summary of property

852 W Florence Ave is a triplex that recently sold in Los Angeles, CA 90044. This triplex offered 6 bedrooms, 4 bathrooms, roughly 2,078 living square feet, and sits on an approximately 5,000 square foot lot. 852 W Florence Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $540,000. 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 51.79% lower than the current median priced home. Local homes that are currently for sale include 110 W 48th St, 8911 S Western Ave and 908 E 79th St. 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 852 W Florence Ave 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 852 W Florence Ave

Public county record property details
Beds
5
Baths
4
Year built
1921
Sq. Ft.
2,078
Lot Size
4,999
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
6020-002-003

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 852 W Florence Ave

860 W 73rd St, Los Angeles, CA 90044
$688,500 Last Sold Price
5 Beds
4 Baths
2275 Sq.Ft.
860 W 73rd St
Los Angeles, CA 90044
910 W 71st St, Los Angeles, CA 90044
$750,000 Last Sold Price
5 Beds
3 Baths
2238 Sq.Ft.
910 W 71st St
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841 W 74Th St, Los Angeles, CA 90044
$599,000 Last Sold Price
7 Beds
4 Baths
2238 Sq.Ft.
841 W 74Th St
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704 W Florence Ave, Los Angeles, CA 90044
$850,000 Last Sold Price
4 Beds
6 Baths
3592 Sq.Ft.
704 W Florence Ave
Los Angeles, CA 90044

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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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