9227 Maie Ave, Los Angeles, CA 90002
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9227 Maie Ave Los Angeles, CA 90002

$927,300 Sold Price as of 03/07/2024
  • 10 Beds
  • 4 Baths
  • 3,042 Sq.Ft.
Sold
$927,300 Sold Price as of 03/07/2024 Refinance Your Mortgage

Map preview of 9227 Maie Ave, Los Angeles, CA 90002

Property Overview: 9227 Maie Ave Los Angeles, CA has 10 bedrooms, 4 bathrooms, 3,042 living square feet and 9,039 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to offer for sale a duplex apartment community located at 9227 Maie Avenue. The subject property is located just west of Graham Avenue and north of Century Boulevard. South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA's strong sense of community shines through at local parks and venues, while recent urban revitalization efforts have brought new businesses and dining options. Situated on a 9,042 square foot parcel, the property is comprised entirely of five-bedroom two-bathroom units. There is on site parking located at the back of the property. The continued gentrification of the surrounding area along with the healthy income stream that the property generates makes 9227 Maie Avenue an excellent acquisition opportunity. *The Subject Property is being marketed in conjunction with 5 other offerings. Each offering can be purchased individually or together.

Listed by Sean Rosenzweig | BRE #01406343 | Marcus & Millichap
Last checked: 6 minutes ago | Last updated: March 12th, 2024 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
9,039
HOA Dues
$0/mo
Year built
2008
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24346992
City
Los Angeles
County
Los Angeles
Time on Site
118 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,519
  • Total Rent: $3,519
  • Pro Forma/Market Rent: $3,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,850
  • Total Rent: $3,850
  • Pro Forma/Market Rent: $3,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.51%
  • Gross Rent Multiplier: 11.2
  • Gross Scheduled Income: --
  • Net Operating Income: $64,430
  • Gross Operating Income: $88,428
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 9227 Maie Ave

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 6048022042
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: West of Graham Avenue & South of 92nd Street
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Sale History for 9227 Maie Ave

Last sold for $927,300 on March 7th, 2024
  • March, 2024

  • Mar 7, 2024

    Date

    Sold

    CRMLS: 24346992

    $927,300

    Price

  • Jan 12, 2024

    Date

    Active

    CRMLS: 24346992

    $990,000

    Price

  • February, 2009

  • Feb 13, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2008

  • Mar 24, 2008

    Date

    Sold (Public Records)

    Public Records

    $240,000

    Price

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Tax History for 9227 Maie Ave

Assessed Value (2020): $602,317
Year Land Value Improved Value Assessed Value
2020 $288,247 $314,070 $602,317

Home Value Compared to the Market

This property vs the competition

9227 Maie Ave sold on March 7, 2024 for 16.81% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $325.44 per/sqft which puts the price per square foot 56.89% lower than the current median sale per square foot for the city of Los Angeles.

About 9227 Maie Ave

Detailed summary of property

9227 Maie Ave is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 10 bedrooms, 4 bathrooms, roughly 3,042 living square feet, and sits on an approximately 9,039 square foot lot. 9227 Maie Ave was first listed on ArdentRealEstateGroup.com on January 12, 2024. The homeowner sold the property for $927,300. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 16.81% lower than the current median priced home. Local homes that are currently for sale include 1624 E 109th St, 1142 Nadeau St and 1142 Nadeau St. While the average home in Los Angeles, CA is selling in 94 days, 9227 Maie Ave has a days on market of 24 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 9227 Maie 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 9227 Maie Ave

Public county record property details
Beds
10
Baths
4
Year built
2008
Sq. Ft.
3,042
Lot Size
9,039
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
6048-022-042

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
$587,000
Median List Price/Sq.Ft.
$482
Median Sold Price
$595,000
Median Sold Price/Sq.Ft.
$497
Total Inventory
36
Median Sale to List Price %
101.02%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (16.67%), Other (8.33%)

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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.