902 E 97Th St, Los Angeles, CA 90002
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902 E 97Th St Los Angeles, CA 90002

$880,000 Sold Price as of 07/10/2023
  • 4 Beds
  • 3.25 Baths
  • 3,749 Sq.Ft.
Sold
$880,000 Sold Price as of 07/10/2023 Refinance Your Mortgage

Map preview of 902 E 97Th St, Los Angeles, CA 90002

Property Overview: 902 E 97Th St Los Angeles, CA has 4 bedrooms, 3.25 bathrooms, 3,749 living square feet and 9,591 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: With a little bit of work, this property could be turned into a real money-maker! If you're looking for an opportunity to invest in real estate, this is it! This completely vacant three-unit property consists of two rental units and another building structure that used to be a church with 2 bathrooms. The property is a corner lot location which makes the property highly visible. The front house is a 3 bedroom 1 1/4 bath, the 2 unit is 1 bedroom 1 bath. Each unit has its own gas and electricity meter. There is also a storage unit on the property. The property is fully fenced with two driveways and there is a lot of parking. With some work, this could be a great investment that generates substantial income. This property is minutes away from some of Los Angeles' greatest attractions Staples Center, USC, So-Fi Stadium, LA Memorial Coliseum, and California Science Museum. Don't miss out on this chance to get started in the real estate market!

Listed by Liz Samuels | BRE #01500122 | Berkshire Hathaway HomeServices California Properties
Last checked: 10 minutes ago | Last updated: July 10th, 2023 | Source CRMLS | DOM: 347

Home details

Lot Sq. Ft
9,591
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SB22133611
City
Los Angeles
County
Los Angeles
Time on Site
673 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 0
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 902 E 97Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Individual Room, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room
Interior Features
  • Levels: One
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Wadsworth Avenue | 97th Street
Neighborhood Information
  • Community Features: Biking, Sidewalks
View more facts & features

Local Los Angeles Agent

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Sale History for 902 E 97Th St

Last sold for $880,000 on July 10th, 2023
  • July, 2023

  • Jul 10, 2023

    Date

    Sold

    CRMLS: SB22133611

    $880,000

    Price

  • Jun 23, 2022

    Date

    Active

    CRMLS: SB22133611

    $1,050,000

    Price

Tax History for 902 E 97Th St

Assessed Value (2020): $141,098
Year Land Value Improved Value Assessed Value
2020 $86,177 $54,921 $141,098

Home Value Compared to the Market

This property vs the competition

902 E 97Th St sold on July 10, 2023 for 16.14% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $234.86 per/sqft which puts the price per square foot 68.18% lower than the current median sale per square foot for the city of Los Angeles.

About 902 E 97Th St

Detailed summary of property

902 E 97Th St is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 4 bedrooms, 3.25 bathrooms, roughly 3,749 living square feet, and sits on an approximately 9,591 square foot lot. 902 E 97Th St was first listed on ArdentRealEstateGroup.com on June 23, 2022. The homeowner sold the property for $880,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.14% lower than the current median priced home. Local homes that are currently for sale include 8141 Zamora Ave, 422 E. 81st Street and 422 E. 81st Street. While the average home in Los Angeles, CA is selling in 97 days, 902 E 97Th St has a days on market of 347 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 902 E 97Th St Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 902 E 97Th St

Public county record property details
Beds
4
Baths
3
Year built
1946
Sq. Ft.
3,749
Lot Size
9,590
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
33,34
APN
6050-021-001

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$595,000
Median List Price/Sq.Ft.
$470
Median Sold Price
$561,500
Median Sold Price/Sq.Ft.
$599
Total Inventory
37
Median Sale to List Price %
102.11%
Avg Days on Market
57
Loan Type
Conventional (27.27%), FHA (54.55%), VA (0%), Cash (9.09%), Other (9.09%)

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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.