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929 N Rowan Ave, Los Angeles, CA 90063
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929 N Rowan Ave Los Angeles, CA 90063

$1,100,000
  • 7 Beds
  • 4 Baths
  • 2,496 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 929 N Rowan Ave, Los Angeles, CA 90063

Property Overview: 929 N Rowan Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,496 living square feet and 8,437 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: Fully occupied Los Angeles Triplex (929 & 929 1/2 & 931 Rowan). The subject property is located close to freeways and shopping center. The property is a great opportunity as an investment.

Listed by JOSE RODRIGUEZ | BRE #01882888 | COLDWELL BANKER GEORGE REALTY
Last checked: 15 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 17
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Home details

Lot Sq. Ft
8,437
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Triplex
Status
Active
MLS#
WS24078717
City
Los Angeles
County
Los Angeles
Time on Site
21 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,804
  • Total Rent: $1,804
  • Pro Forma/Market Rent: $1,804
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $74,448
  • Net Operating Income: $59,525
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,923
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $11,423
  • Trash: $0
  • Insurance: $3,500
  • Water/Sewer: $0

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Property Details for 929 N Rowan Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5231006020
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Natural Gas Connected, Phone Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: From Gage turn west then into Rowan.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 929 N Rowan Ave

Last sold for $845,000 on March 20th, 2023

  • April, 2024

  • Apr 29, 2024

    Date

    Active

    CRMLS: WS24078717

    $1,100,000

    Price

  • March, 2023

  • Mar 20, 2023

    Date

    Sold

    CRMLS: PW22228590

    $845,000

    Price

  • Oct 26, 2022

    Date

    Active

    CRMLS: PW22228590

    $949,900

    Price

  • Listing provided courtesy of CRMLS

    Fully Occupied Los Angeles Triplex. The property consists of two buildings. 929 Rowan is a two bedroom 1 bathroom unit that is 804sqft, 929 1/2 Rowan is a 2 bedroom 1 bathroom unit that is 702sqft. 931 Rowan is a 3 bedroom 1 bathroom unit that is 1,056sqft. All units are currently occupied with all tenants paying. The property sits on an 8,000sqft lot which accommodates on site parking for all residents.

  • June, 2021

  • Jun 5, 2021

    Date

    Sold

    CRMLS: PW20251392

    $842,000

    Price

  • Apr 23, 2021

    Date

    Pending

    CRMLS: PW20251392

    $849,900

    Price

  • Mar 23, 2021

    Date

    Price Change

    CRMLS: PW20251392

    $849,900

    Price

  • Mar 23, 2021

    Date

    Active

    CRMLS: PW20251392

    $899,900

    Price

  • Feb 10, 2021

    Date

    Pending

    CRMLS: PW20251392

    $899,900

    Price

  • Dec 7, 2020

    Date

    Active

    CRMLS: PW20251392

    $899,900

    Price

  • Listing provided courtesy of CRMLS

    100% Occupied Los Angeles Triplex. The property consists two buildings. 929 Rowan a two bed 1 bath unit that is 804sqft, 929 1/2 Rowan is a 2 bed 1 bath unit that is 702sqft. 931 Rowan is a 3 bed 1 bath unit that is 1,056sqft. All of the units are currently occupied with most tenants paying close to market rent. The property sits on an over 8,000sqft lot which accommodates on site parking for the tenants. The subject property is located close freeways and shopping.

  • January, 2020

  • Jan 17, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2018

  • May 4, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2013

  • Oct 29, 2013

    Date

    Price Change

    CRMLS: 213002139

    $415,000

    Price

  • Listing provided courtesy of CRMLS

    A high earning income property opportunity! One 3 Bed 1 Bath and 2x 2 Bed 1 bath. All 3 units are separate on the same lot with different entrances. 929, 931, and 929 1/2 are.

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Tax History for 929 N Rowan Ave

Assessed Value (2020): $465,166
Year Land Value Improved Value Assessed Value
2020 $279,101 $186,065 $465,166

Home Value Compared to the Market

This property vs the competition

929 N Rowan Ave is listed 12% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $440.71 per/sqft which puts the price per square foot 43.5% lower than the median price per square foot for the city of Los Angeles.

About 929 N Rowan Ave

Detailed summary of property

929 N Rowan Ave is a triplex located in Los Angeles, CA 90063 and is currently for sale. This triplex offers 7 bedrooms, 4 bathrooms, roughly 2,496 living square feet, and sits on an approximately 8,437 square foot lot. 929 N Rowan Ave was first listed on ArdentRealEstateGroup.com on April 29, 2024. The homeowner is currently asking $1,100,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 12% lower than the median priced home. Local competing homes currently for sale include 2814 Wabash Ave, 2641 Pomeroy Ave and 2530 Ganahl St. While the average home in Los Angeles, CA is selling in 93 days, 929 N Rowan Ave has a days on market of 17 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 929 N Rowan Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 929 N Rowan Ave

Public county record property details
Beds
5
Baths
3
Year built
1914
Sq. Ft.
2,496
Lot Size
8,437
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
18
APN
5231-006-020

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$615,000
Median List Price/Sq.Ft.
$625
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$627
Total Inventory
32
Median Sale to List Price %
90.57%
Avg Days on Market
31
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (28.57%)

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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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