903 New Depot St #9, Los Angeles, CA 90012
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903 New Depot St #9 Los Angeles, CA 90012

$649,000
  • 4 Beds
  • 2 Baths
  • 29,411 Sq.Ft.
For Sale
$649,000 Get Pre-Qualified

Map preview of 903 New Depot St #9, Los Angeles, CA 90012

Property Overview: 903 New Depot St #9 Los Angeles, CA has 4 bedrooms, 2 bathrooms, 29,411 living square feet and 29,414 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: **Unique Duplex Condos: Live in One, Rent the Other!** ONE UNIT IS VACANT. Discover an exceptional opportunity to own duplex condos in a prime location, offering the perfect blend of investment and residential living. Each unit within this meticulously maintained property features two bedrooms and one bathroom, providing comfortable and modern living spaces. The units have their own PRIVATE laundry. **HOA Inclusions:** Enjoy peace of mind with a comprehensive HOA that covers water, trash, sewer, exterior maintenance, and insurance, making your living experience hassle-free. Pets are welcome, ensuring your furry friends can join you in your new home. **Parking Convenience:** Each unit comes with a dedicated parking spot, providing secure and convenient parking right at your doorstep. **Downtown Los Angeles Proximity:** Situated just minutes away from the vibrant heart of downtown Los Angeles, these condos offer easy access to all the city’s cultural, dining, and entertainment options.**Chinatown Access:** Explore the rich heritage and bustling markets of nearby Chinatown, offering an array of unique shopping and dining experiences.**Future Growth:** Benefit from the upcoming 1111 Sunset Blvd. revitalization community plan, poised to enhance the neighborhood with new amenities, green spaces, and modern infrastructure.**Flexible Living:** Live in one unit while renting out the other, creating a versatile investment that can adapt to your needs.**Low HOA Fees:** Enjoy the advantage of low HOA fees, maximizing your return on investment and reducing overall expenses.This unique duplex condo opportunity is perfect for those looking to invest in a growing area while enjoying the convenience and excitement of urban living. Don't miss your chance to own a piece of prime Los Angeles real estate that combines modern comforts with unbeatable location and investment potential.

Listed by Jimmy Mercado | BRE #01385375 | NEXT Brokerage
Last checked: 6 minutes ago | Last updated: September 15th, 2024 | Source CRMLS | DOM: 60

Home details

Lot Sq. Ft
29,414
HOA Dues
$294/mo
Year built
1974
Garage
2 Car
Property Type:
Duplex
Status
Active
MLS#
DW24133161
City
Los Angeles
County
Los Angeles
Time on Site
79 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 6
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,300
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
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 903 New Depot St #9

Interior Features
Laundry Information
  • Has Laundry
  • In Garage
Room Information
  • Flooring: Laminate
  • All Bedrooms Up
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Common Walls: 1 Common Wall, End Unit
  • Total # of Units: 2
  • Parcel Number: 5406028026
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Association Name: Cathay Village
  • Association Fee: $294 (Frequency Unknown)
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Between Figueroa Terrace and College Street
Neighborhood Information
  • Community Features: Urban
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Sale History for 903 New Depot St #9

Last sold for $410,000 on March 30th, 2015
  • July, 2024

  • Jul 1, 2024

    Date

    Active

    CRMLS: DW24133161

    $729,000

    Price

  • March, 2015

  • Mar 30, 2015

    Date

    Sold (Public Records)

    Public Records

    $410,000

    Price

  • March, 2002

  • Mar 8, 2002

    Date

    Sold (Public Records)

    Public Records

    $140,000

    Price

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Tax History for 903 New Depot St #9

Assessed Value (2020): $450,560
Year Land Value Improved Value Assessed Value
2020 $180,224 $270,336 $450,560

Home Value Compared to the Market

This property vs the competition

903 New Depot St #9 is listed 45.92% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $22.07 per/sqft which puts the price per square foot 97.13% lower than the median price per square foot for the city of Los Angeles.

About 903 New Depot St #9

Detailed summary of property

903 New Depot St #9 is a duplex located in Los Angeles, CA 90012 and is currently for sale. This duplex offers 4 bedrooms, 2 bathrooms, roughly 29,411 living square feet, and sits on an approximately 29,414 square foot lot. 903 New Depot St #9 was first listed on ArdentRealEstateGroup.com on July 1, 2024. The homeowner is currently asking $649,000 and was originally asking $729,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.92% lower than the median priced home. Local competing homes currently for sale include 622 E 24th St, 1340 E 22nd St and 509 Camulos St. This home does have a Homeowners Association and the monthly fee is $294 per month. While the average home in Los Angeles, CA is selling in 106 days, 903 New Depot St #9 has a days on market of 60 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 903 New Depot St #9 Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 903 New Depot St #9

Public county record property details
Beds
5
Baths
2
Year built
1974
Sq. Ft.
1,715
Lot Size
29,411
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5406-028-026

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$635,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
51
Median Sale to List Price %
99.37%
Avg Days on Market
26
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (20%)

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Related Resources to 903 New Depot St #9

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.