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860 W 73rd St, Los Angeles, CA 90044
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860 W 73rd St Los Angeles, CA 90044

$688,500 Sold Price as of 08/21/2020
  • 5 Beds
  • 4 Baths
  • 2,275 Sq.Ft.
Sold
$688,500 Sold Price as of 08/21/2020 Refinance Your Mortgage
Map preview of 860 W 73rd St, Los Angeles, CA 90044

Property Overview: 860 W 73rd St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,275 living square feet and 5,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: +++HUGE PRICE IMPROVEMENT+++ Walk right into excellent cash flow, and a glorious GRM with this professionally managed property with EXCELLENT tenants. This nicely maintained duplex is a great for an owner user or can fit nicely with your current real estate investment portfolio. The rear three bedroom unit was newly completed in 2019. The parcel is spacious, gated and has on-site parking for approximately five cars. Don't hesitate on this fantastic opportunity. There is a non-conforming studio generating income as well. Buyer to satisfy themselves and verify all permits and legal uses. Thank you...DRIVE BY ONLY PLEASE.

Listed by Gene Smith | BRE #01965474 | RE/MAX TerraSol
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 124

Home details

Lot Sq. Ft
5,600
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC20056747
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: 3
  • # of Leased Units: 3
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $58,800
  • Net Operating Income: $42,800
  • Gross Operating Income: $58,800
Annual Expense Breakdown
  • Total Operating Expense: $16,000
  • New Taxes: $1,200
  • Trash: $600
  • Insurance: $1,200

Property Details for 860 W 73rd St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: On Site
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6020003001
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Florence Avenue & West of S Hoover Street
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 860 W 73rd St

Last sold for $688,500 on August 24th, 2020

  • August, 2020

  • Aug 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $688,500

    Price

  • August, 2020

  • Aug 21, 2020

    Date

    Sold

    CRMLS: OC20056747

    $688,500

    Price

  • Aug 7, 2020

    Date

    Pending

    CRMLS: OC20056747

    $690,000

    Price

  • Jul 17, 2020

    Date

    Active Under Contract

    CRMLS: OC20056747

    $690,000

    Price

  • Jun 28, 2020

    Date

    Price Change

    CRMLS: OC20056747

    $690,000

    Price

  • Jun 28, 2020

    Date

    Price Change

    CRMLS: OC20056747

    $698,900

    Price

  • Mar 14, 2020

    Date

    Active

    CRMLS: OC20056747

    $720,000

    Price

  • September, 2019

  • Sep 11, 2019

    Date

    Sold

    CRMLS: CV19174359

    $640,000

    Price

  • Jul 31, 2019

    Date

    Pending

    CRMLS: CV19174359

    $635,000

    Price

  • Jul 24, 2019

    Date

    Active

    CRMLS: CV19174359

    $635,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent investment opportunity to own 2 detached homes, plus a detached bonus room with its own kitchen. Brand-new back unit boast great curb appeal. Upon entering you will appreciate the open design, & natural light throughout. Well-appointed features include spacious living & dining areas w/ window shutters throughout. The brand-new kitchen features quartz counter tops, custom maple cabinets, recessed lighting, & stainless-steel appliances. Baths featuring custom travertine tile flooring, & beautiful custom vanity w/ quartz countertops and maple cabinets. Front unit has been remodeled with oak cabinets and porcelain tile countertops. Additional amenities include upgraded dual pane windows, ceiling fans in bedrooms, & parking space for up to 5 vehicles. Located close to shopping and 110 FWY.

  • September, 2019

  • Sep 10, 2019

    Date

    Sold (Public Records)

    Public Records

    $640,000

    Price

Show More

Tax History for 860 W 73rd St

Assessed Value (2020): $640,000
Year Land Value Improved Value Assessed Value
2020 $385,000 $255,000 $640,000

Home Value Compared to the Market

This property vs the competition

860 W 73rd St sold on August 21, 2020 for 38.39% 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 $303.3 per/sqft which puts the price per square foot 58.11% lower than the current median sale per square foot for the city of Los Angeles.

About 860 W 73rd St

Detailed summary of property

860 W 73rd St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,275 living square feet, and sits on an approximately 5,600 square foot lot. 860 W 73rd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $688,500. 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 38.39% lower than the current median priced home. Local homes that are currently for sale include 6207 S Figueroa St, 1020 W 61St St and 1253 W 65th St. While the average home in Los Angeles, CA is selling in 106 days, 860 W 73rd St has a days on market of 124 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 860 W 73rd 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 860 W 73rd St

Public county record property details
Beds
5
Baths
4
Year built
1921
Sq. Ft.
2,275
Lot Size
5,600
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
6020-003-001

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%)

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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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