859 N Vista St, Los Angeles, CA 90046
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859 N Vista St Los Angeles, CA 90046

$2,700,000
  • 6 Beds
  • 4 Baths
  • 3,860 Sq.Ft.
For Sale
$2,700,000 Get Pre-Qualified

Map preview of 859 N Vista St, Los Angeles, CA 90046

Property Overview: 859 N Vista St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,860 living square feet and 6,203 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: $100K PRICE DROP! Perfect owner-user opportunity! 2021 construction modern style duplex in located West Hollywood adjacent in the heart of the Fairfax area of Los Angeles! Built by TJH, thie duplex features two 3 bedroom / 2.5 bathroom townhome units! Currently, one unit is vacant and another is rented making this the perfect owner-user opportunity! Offered at a 5.70% cap rate, 13.73 GRM and at $699/ft, this opportunity is perfect for a seasoned investor to acquire in one of the best locations in all of LA. The units offer top of the line finishes throughout and there was no stone unturned during construction. Throughout units, you will find wide plank vinyl flooring, recessed lighting, polished chrome plumbing, white shaker cabinets and white quartz countertops. The kitchen features brand new stainless steel appliances, including a Bertazzoni gas range and Frigidaire refrigerator, dishwasher and microwave. Each unit includes a 2 car garage and 2 outdoor spaces as well as in-unit laundry. The property includes solar panels that are owned and fully paid off by the developer. Tenants pay all utilities! Fairfax is a very popular destination for renters as its in close proximity to some of the best restaurants and retail in LA! It is also in close proximity to many major employment hubs! The property is subject to LA City RSO.

Listed by John Katnik | BRE #02002695 | BRC Advisors- BH
Last checked: 1 minute ago | Last updated: March 12th, 2024 | Source CRMLS | DOM: 91
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Home details

Lot Sq. Ft
6,203
HOA Dues
$0/mo
Year built
2021
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24347489
City
Los Angeles
County
Los Angeles
Time on Site
99 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $8,195
  • Total Rent: $16,390
  • Pro Forma/Market Rent: $16,390
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.7%
  • Gross Rent Multiplier: 13.73
  • Gross Scheduled Income: --
  • Net Operating Income: $153,958
  • Gross Operating Income: $192,746
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 859 N Vista St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 5526004026
  • Year Built Source: Builder
  • Architectural Style: Modern
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Melrose and West of La Brea
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Sale History for 859 N Vista St

Last leased for $8,195 on February 3rd, 2023
  • January, 2024

  • Jan 29, 2024

    Date

    Active

    CRMLS: 24353037

    $8,195

    Price

  • Listing provided courtesy of CRMLS

    Welcome to the pinnacle of modern living in the heart of the coveted Melrose Village neighborhood, where Thomas James Homes has meticulously crafted a Modern masterpiece that combines style, comfort, and functionality. Boasting 2 Story, 3 spacious bedrooms and 2.5 baths, this contemporary abode, part of a Duplex, is a true gem.Step into the heart of the home, where an open concept floorplan seamlessly connects the gourmet kitchen, dining area, and great room. The gourmet kitchen is a chef's dream, featuring a walk-in pantry, a generously sized center island adorned with bar seating, and elegant pendant lighting that adds a touch of sophistication to the space. It's the perfect place to prepare gourmet meals and create lasting memories with loved ones.The adjacent dining area is designed for entertaining and features a stylish decorative light fixture that enhances the ambiance. Cozy up in the great room with a gas fireplace, where a sliding door beckons you to the back patio, creating an ideal setting for casual outdoor dining and relaxation. On the Upper level, you'll find two well-appointed secondary bedrooms, perfect for family members or guests. These bedrooms share access to a full bath, making daily routines a breeze. Linen cabinetry and shelving in the hallway add to the home's practicality, and a dedicated laundry closet with side-by-side washer and dryer completes the upper level.Retreat to the luxurious grand suite, a haven of tranquility ; the suite features a sumptuous bath complete with a dual-sink vanity, a walk-in shower featuring a comfortable seat, and an expansive walk-in closet that's sure to fulfill your storage desires. Tandem garage, with direct private entrance ; driveway with additional space ; practical drop zone with a bench seat, ideal for organizing handbags, backpacks, and mail. This home presents an exceptional opportunity to experience the finest in contemporary luxury living within the vibrant Melrose Village community. Don't miss your chance to make this extraordinary Thomas James Home yours today.

  • January, 2024

  • Jan 14, 2024

    Date

    Active

    CRMLS: 24347489

    $2,800,000

    Price

  • February, 2023

  • Feb 3, 2023

    Date

    Leased

    CRMLS: 22190763

    $8,195

    Price

  • Aug 17, 2022

    Date

    Active

    CRMLS: 22190763

    $8,495

    Price

  • Listing provided courtesy of CRMLS

    Built by Thomas James Homes, we invite you to experience a luxury unit without all the financial strings attached! This modern Fairfax home offers 3 bedrooms, 2.5 baths, tandem garage and driveway. A covered front porch w/ Ring doorbell welcomes you into the light and bright foyer, where you will find a powder bath with pedestal sink. Throughout this home, you will find wide plank oak style vinyl flooring, recessed lighting, polished chrome plumbing fixtures, white flat panel cabinets with soft close doors and drawers, and white quartz countertops. The chef inspired kitchen includes a walk-in pantry, island with bar seating and pendant lighting, subway tile backsplash, and stainless steel Bertazzoni appliances. Entertain in the dining area, which has a decorative light fixture, or cozy up by the gas fireplace of the great room while sliding doors beckon you out into the back yard with patio. Just inside from the tandem garage (wired for an electric vehicle charging station) you'll find a drop zone with bench seat. Upstairs loft, linen shelving/bookshelves and dedicated laundry suite with sink, washer and dryer included. Two secondary bedrooms with shared bath, and grand suite with walk in closet and en suite bath with dual sink vanity and walk in shower with seat.

  • July, 2021

  • Jul 1, 2021

    Date

    Leased

    CRMLS: 21707962

    $8,195

    Price

  • Jun 5, 2021

    Date

    Pending

    CRMLS: 21707962

    $8,195

    Price

  • May 15, 2021

    Date

    Price Change

    CRMLS: 21707962

    $8,195

    Price

  • Apr 12, 2021

    Date

    Active

    CRMLS: 21707962

    $8,495

    Price

  • Mar 22, 2021

    Date

    Coming Soon

    CRMLS: 21707962

    $8,495

    Price

  • Listing provided courtesy of CRMLS

    Experience a brand new home, built by Thomas James Homes, without all the financial strings attached! Nestled in Fairfax, this modern home lives and feels like a single family home, even though its attached to another unit. It has 3 bedrooms, 2.5 baths, tandem garage and driveway with two spaces. A covered front porch w/ Ring doorbell welcomes you into the light and bright foyer, where you will find a powder bath with pedestal sink. Throughout this home, you will find wide plank oak style vinyl flooring, recessed lighting, polished chrome plumbing fixtures, white flat cabinets with soft close doors and drawers, and white quartz countertops. The chef inspired kitchen includes a walk in pantry, island with bar seating and pendant lighting, subway tile backsplash, and brand new stainless steel Bertazzoni appliances. Entertain in the dining, which has a decorative light fixture, or cozy up by the gas fireplace of the great room while sliding doors beckon you out into the back yard with patio. Just inside from the tandem garage (wired for an EV charging station) you'll find a drop zone with bench seat. Upstairs loft, linen shelving and dedicated laundry suite with sink, washer and dryer included. Two secondary bedrooms with shared bath, and grand suite with walk in closet and en suite bath with dual sink vanity and walk in shower with seat

  • March, 2021

  • Mar 1, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2020

  • Dec 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $769,000

    Price

  • September, 2019

  • Sep 18, 2019

    Date

    Sold

    CRMLS: 19500456

    $1,750,000

    Price

  • Sep 7, 2019

    Date

    Pending

    CRMLS: 19500456

    $1,725,000

    Price

  • Aug 19, 2019

    Date

    Active Under Contract

    CRMLS: 19500456

    $1,725,000

    Price

  • Aug 15, 2019

    Date

    Active

    CRMLS: 19500456

    $1,725,000

    Price

  • Listing provided courtesy of CRMLS

    Lovely Spanish Duplex North of Melrose on corner lot (Willoughby and Vista) surrounded by beautiful 2 story luxury homes - Area is transitioning and many properties are being razed - Duplex has 2 beds/1.5 baths each - one of the units is tenant occupied, other will be delivered vacant at the close - Many improvements include: Sewer line replacement, newer roof, kitchens and baths remodeled and Central Heat and Air to name a few - Property has a carport that covers 2 cars - Property is hedged and gated for privacy/security - Close to Melrose shops and restaurants.Prime opportunity for development, lot is Zoned LAR2. Priced below current comparables!

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Tax History for 859 N Vista St

Assessed Value (2020): $1,750,000
Year Land Value Improved Value Assessed Value
2020 $1,315,000 $435,000 $1,750,000

Home Value Compared to the Market

This property vs the competition

859 N Vista St is listed 116.17% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $699.48 per/sqft which puts the price per square foot 9.39% lower than the median price per square foot for the city of Los Angeles.

About 859 N Vista St

Detailed summary of property

859 N Vista St is a multi family located in Los Angeles, CA 90046 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 3,860 living square feet, and sits on an approximately 6,203 square foot lot. 859 N Vista St was first listed on ArdentRealEstateGroup.com on January 16, 2024. The homeowner is currently asking $2,700,000 and was originally asking $2,800,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 116.17% higher than the median priced home. Local competing homes currently for sale include 828 N Sweetzer Ave, 116-118 S Mansfield Ave and 126 S Kings Rd. While the average home in Los Angeles, CA is selling in 97 days, 859 N Vista St has a days on market of 91 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 859 N Vista St Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 859 N Vista St

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
2,360
Lot Size
6,203
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
170
APN
5526-004-026

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$918
Median Sold Price
$1,800,000
Median Sold Price/Sq.Ft.
$766
Total Inventory
201
Median Sale to List Price %
100.56%
Avg Days on Market
52
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (4.55%), Other (9.09%)

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Related Resources to 859 N Vista St

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.