Search
9022 S Central Ave, Los Angeles, CA 90002
View Photos

9022 S Central Ave Los Angeles, CA 90002

$749,000 Sold Price as of 03/08/2021
  • 8 Beds
  • 4 Baths
  • 2,490 Sq.Ft.
Sold
$749,000 Sold Price as of 03/08/2021 Refinance Your Mortgage
Map preview of 9022 S Central Ave, Los Angeles, CA 90002

Property Overview: 9022 S Central Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,490 living square feet and 4,012 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great duplex producing a cap rate of 5.4% OR Live in one unit and rent out the other, all while having 3/4 of your mortgage paid by rent!!! A great opportunity in Los Angeles is an investment that leads to generational wealth. This wonderful Duplex was built 2005 and is still NOT subject to rent control. Each unit comes with 4 bedrooms and 2 bathrooms. The future owner of this property will be instantly positive with cash flow. However if the buyer decides to live in one of the units, the majority of their mortgage payment will be paid off with rent money. To make the deal even better, this property sits across the street from an opportunity zone. If interested in knowing more information contact listing agent. This property comes with free property management services for a quarter of a year.

Listed by Emmanuel Gamboa | BRE #02041836 | Century 21 Allstars
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
4,012
HOA Dues
$0/mo
Year built
2005
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW20226718
City
Los Angeles
County
Los Angeles
Time on Site
1265 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,500
  • Total Rent: $5,000
  • Pro Forma/Market Rent: $5,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.4%
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: $60,000
  • Net Operating Income: $50,000
  • Gross Operating Income: --
  • # of Rented Garages: 0
Annual Expense Breakdown
  • Total Operating Expense: $10,000
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $10,000
  • Trash: $600
  • Insurance: $1,700
  • Water/Sewer: $3,000

Property Details for 9022 S Central Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 4016027010
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of S Central Ave and 91st St.
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 9022 S Central Ave

Last sold for $749,000 on March 8th, 2021

  • March, 2021

  • Mar 17, 2021

    Date

    Sold

    CRMLS: DW20226718

    $749,000

    Price

  • Jan 4, 2021

    Date

    Pending

    CRMLS: DW20226718

    $789,000

    Price

  • Nov 24, 2020

    Date

    Price Change

    CRMLS: DW20226718

    $789,000

    Price

  • Nov 23, 2020

    Date

    Price Change

    CRMLS: DW20226718

    $795,000

    Price

  • Oct 27, 2020

    Date

    Active

    CRMLS: DW20226718

    $810,000

    Price

  • September, 2017

  • Sep 23, 2017

    Date

    Expired

    CRMLS: MB16713264

    $590,000

    Price

  • Mar 23, 2017

    Date

    Active

    CRMLS: MB16713264

    $590,000

    Price

  • Mar 22, 2017

    Date

    Hold

    CRMLS: MB16713264

    $590,000

    Price

  • Feb 22, 2017

    Date

    Active

    CRMLS: MB16713264

    $590,000

    Price

  • Feb 22, 2017

    Date

    Hold

    CRMLS: MB16713264

    $590,000

    Price

  • Sep 28, 2016

    Date

    Active

    CRMLS: MB16713264

    $590,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent location, near DTLA!

  • February, 2016

  • Feb 25, 2016

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

  • August, 2013

  • Aug 19, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9022 S Central Ave

Assessed Value (2020): $535,802
Year Land Value Improved Value Assessed Value
2020 $324,729 $211,073 $535,802

Home Value Compared to the Market

This property vs the competition

9022 S Central Ave sold on March 8, 2021 for 30.18% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $316.87 per/sqft which puts the price per square foot 57.98% lower than the current median sale per square foot for the city of Los Angeles.

About 9022 S Central Ave

Detailed summary of property

9022 S Central Ave is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 2,490 living square feet, and sits on an approximately 4,012 square foot lot. 9022 S Central Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $749,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 30.18% lower than the current median priced home. Local homes that are currently for sale include 1503 E 109th St, 2015 E 105th St and 230 E 111th St. While the average home in Los Angeles, CA is selling in 99 days, 9022 S Central Ave has a days on market of 62 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 9022 S Central Ave 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 9022 S Central Ave

Public county record property details
Beds
8
Baths
4
Year built
2005
Sq. Ft.
2,490
Lot Size
4,012
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
442
APN
6043-007-022

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
$585,000
Median List Price/Sq.Ft.
$485
Median Sold Price
$580,000
Median Sold Price/Sq.Ft.
$462
Total Inventory
40
Median Sale to List Price %
98.81%
Avg Days on Market
48
Loan Type
Conventional (21.43%), FHA (50%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 9022 S Central Ave

Nearby Homes for Sale

936 E 91st St, Los Angeles, CA 90002
$650,000
3 Beds
2 Baths
1218 Sq.Ft.
936 E 91st St
Los Angeles, CA 90002
1141 E 84th Pl, Los Angeles, CA 90001
$700,000
4 Beds
2 Baths
1706 Sq.Ft.
1141 E 84th Pl
Los Angeles, CA 90001
8405 Mckinley Ave, Los Angeles, CA 90001
$740,000
4 Beds
2 Baths
1754 Sq.Ft.
8405 Mckinley Ave
Los Angeles, CA 90001
731 E 84th St, Los Angeles, CA 90001
$649,000
3 Beds
0 Baths
1611 Sq.Ft.
731 E 84th St
Los Angeles, CA 90001
9538 Compton Ave, Los Angeles, CA 90002
$850,000
6 Beds
4 Baths
1780 Sq.Ft.
9538 Compton Ave
Los Angeles, CA 90002
1018 E 79th St, Los Angeles, CA 90001
$695,000
4 Beds
4 Baths
2380 Sq.Ft.
1018 E 79th St
Los Angeles, CA 90001
8407 Maie Ave, Los Angeles, CA 90001
$600,000
6 Beds
3 Baths
1736 Sq.Ft.
8407 Maie Ave
Los Angeles, CA 90001
755 E 106th St, Los Angeles, CA 90002
$625,000
4 Beds
3 Baths
1297 Sq.Ft.
755 E 106th St
Los Angeles, CA 90002
1600 E 81st St, Los Angeles, CA 90001
$760,000
4 Beds
2 Baths
2089 Sq.Ft.
1600 E 81st St
Los Angeles, CA 90001
341 E 82nd St, Los Angeles, CA 90003
$815,000
5 Beds
4 Baths
1504 Sq.Ft.
341 E 82nd St
Los Angeles, CA 90003
9311 Bandera, Los Angeles, CA 90002
$850,000
5 Beds
3 Baths
2330 Sq.Ft.
9311 Bandera
Los Angeles, CA 90002
203 E 82nd St, Los Angeles, CA 90003
$725,000
8 Beds
5 Baths
1528 Sq.Ft.
203 E 82nd St
Los Angeles, CA 90003

Recently Sold Homes Near 9022 S Central Ave

1122 E 89th St, Los Angeles, CA 90002
$730,000 Last Sold Price
8 Beds
4 Baths
2590 Sq.Ft.
1122 E 89th St
Los Angeles, CA 90002
1130 E 89th St, Los Angeles, CA 90002
$525,000 Last Sold Price
5 Beds
4 Baths
-- Sq.Ft.
1130 E 89th St
Los Angeles, CA 90002
1136 E 89th St, Los Angeles, CA 90002
$810,000 Last Sold Price
8 Beds
6 Baths
3400 Sq.Ft.
1136 E 89th St
Los Angeles, CA 90002
937 E 92nd St, Los Angeles, CA 90002
$788,000 Last Sold Price
8 Beds
4 Baths
3272 Sq.Ft.
937 E 92nd St
Los Angeles, CA 90002

Related Resources to 9022 S Central Ave

New Listings in 90002
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote