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901 W 64Th St, Los Angeles, CA 90044
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901 W 64Th St Los Angeles, CA 90044

$650,000 Sold Price as of 09/28/2022
  • 6 Beds
  • 4 Baths
  • 2,905 Sq.Ft.
Sold
$650,000 Sold Price as of 09/28/2022 Refinance Your Mortgage
Map preview of 901 W 64Th St, Los Angeles, CA 90044

Property Overview: 901 W 64Th St Los Angeles, CA has 6 bedrooms, 4 bathrooms, 2,905 living square feet and 6,197 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 901 West 64th Street is a four unit apartment complex located in Los Angeles. Constructed in 1922 and sitting on a large 6,197 SF Lot Zoned LAR2. Property consists of one building with (2) 2 Bedroom / 1 Bath and (2) 1 Bedroom / 1 Bath units totaling 2,905 SF. The property line is fully fenced on all 4 sides including the gated entrance with front access. The property has ample on-site parking with 1 car per unit. This investment presents a tremendous value-add opportunity at 7.3 GRM and 10.8% Cap Rate on market rents. All units are separately metered for gas and electricity. Tenants are all on month to month leases, subject to LA City rent control. All tenants are current on rent. Property will be sold as is.

Listed by Evelyn Baez Gonzalez | BRE #02103055 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Olga Wright | BRE #01315042 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 7 minutes ago | Last updated: September 28th, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
6,197
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB22186712
City
Los Angeles
County
Los Angeles
Time on Site
756 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,150
  • Total Rent: $1,150
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.4%
  • Gross Rent Multiplier: 17.9
  • Gross Scheduled Income: $39,000
  • Net Operating Income: $23,492
  • Gross Operating Income: --
  • Vacancy Allowance: $1,170
Annual Expense Breakdown
  • Total Operating Expense: $14,338
  • Gas/Fuel: $0
  • New Taxes: $8,178
  • Trash: $0
  • Insurance: $1,400
  • Maintenance: $1,560
  • Water/Sewer: $3,200

Property Details for 901 W 64Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: None
  • Has Fence
  • Average Condition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Carport, Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6004017007
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
  • Property Condition: Additions/Alterations
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Just South of Gage Ave & E of Hoover
  • Road Frontage Type: Access is Seasonal
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 901 W 64Th St

Last sold for $650,000 on September 28th, 2022

  • September, 2022

  • Sep 28, 2022

    Date

    Sold

    CRMLS: SB22186712

    $650,000

    Price

  • Aug 24, 2022

    Date

    Active

    CRMLS: SB22186712

    $699,000

    Price

Tax History for 901 W 64Th St

Assessed Value (2020): $63,534
Year Land Value Improved Value Assessed Value
2020 $22,613 $40,921 $63,534

Home Value Compared to the Market

This property vs the competition

901 W 64Th St sold on September 28, 2022 for 37.59% 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 $240.62 per/sqft which puts the price per square foot 66.77% lower than the current median sale per square foot for the city of Los Angeles.

About 901 W 64Th St

Detailed summary of property

901 W 64Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 2,905 living square feet, and sits on an approximately 6,197 square foot lot. 901 W 64Th St was first listed on ArdentRealEstateGroup.com on September 2, 2022. The homeowner sold the property for $650,000. 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 37.59% lower than the current median priced home. Local homes that are currently for sale include 935 W 54th St, 606 W 78th St and 1201 W 54th St. While the average home in Los Angeles, CA is selling in 106 days, 901 W 64Th St has a days on market of 5 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 901 W 64Th 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 901 W 64Th St

Public county record property details
Beds
6
Baths
4
Year built
1922
Sq. Ft.
2,905
Lot Size
6,197
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
6004-017-007

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
$649,900
Median List Price/Sq.Ft.
$518
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
93
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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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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