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9305 Maie Ave, Los Angeles, CA 90002
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9305 Maie Ave Los Angeles, CA 90002

$769,000
  • 5 Beds
  • 4 Baths
  • 2,152 Sq.Ft.
For Sale
$769,000 Get Pre-Qualified
Map preview of 9305 Maie Ave, Los Angeles, CA 90002

Property Overview: 9305 Maie Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,152 living square feet and 9,040 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: Why rent when you can own? Zoned LAR2, situated on a generous 9,040sqft lot located near shops, restaurants, freeways, DTLA and more. Each unit includes inside laundry, assigned parking, gas and electric meter, cooper plumbing throughout and new roofs. The owner is responsible for water only making this a positive cash flowing property. **VA loan of approximately $721,000 with a very attractive fixed rate and below market of 2.25% interest-only is assumable upon another Veteran approved buyer** All units are tenant occupied, month to month, and paying on time. Whether you're seeking an investment property or a place to call home this exceptional property offers the perfect blend of potential and charm!

Listed by Tamara Norgren | BRE #02052311 | Sotheby's International Realty
Last checked: 12 minutes ago | Last updated: March 22nd, 2024 | Source CRMLS | DOM: 86
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Home details

Lot Sq. Ft
9,040
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24350769
City
Los Angeles
County
Los Angeles
Time on Site
94 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,275
  • Total Rent: $1,275
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,002
  • Total Rent: $1,002
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,028
  • Total Rent: $1,028
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $1,200
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 9305 Maie Ave

Interior Features
Room Information
  • Flooring: Tile
Kitchen Information
  • Has Appliances
Interior Features
  • Ceiling Fan(s)
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Builder
Property Information
  • Total # of Units: 4
  • Parcel Number: 6048022044
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: E 91st & E 97th
View more facts & features

Local Los Angeles Agent

Sale History for 9305 Maie Ave

Last sold for $715,000 on January 11th, 2021

  • January, 2024

  • Jan 23, 2024

    Date

    Active

    CRMLS: 24350769

    $799,000

    Price

  • January, 2024

  • Jan 22, 2024

    Date

    Expired

    CRMLS: 23308131

    $799,000

    Price

  • Sep 20, 2023

    Date

    Active

    CRMLS: 23308131

    $829,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2023

  • Jul 1, 2023

    Date

    Expired

    CRMLS: PW22207756

    $839,000

    Price

  • Sep 22, 2022

    Date

    Active

    CRMLS: PW22207756

    $985,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present a 4-unit multi-family community located in the Hacienda Village neighborhood of South Los Angeles, CA. A short 23-minute local drive to Downtown Los Angeles and centrally located near 2 major freeways, the subject property gives tenants convenient access to the 105 and 110 Freeways. The property was originally built in 1925 and is comprised of approximately 2,152 rentable square feet on an oversized 9,040 square foot lot. The building has an outstanding unit mix, comprising one spacious 2-bedroom 1-bathroom house in the front, one duplex behind with 1-bedroom 1-bathroom units, and a freestanding 1 bedroom 1 bathroom unit at the back. The property is separately metered for gas and electricity and features ample secured parking.

  • August, 2021

  • Aug 3, 2021

    Date

    Canceled

    CRMLS: PW21107421

    $900,000

    Price

  • May 19, 2021

    Date

    Active

    CRMLS: PW21107421

    $900,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present a 4-unit multi-family community located in the Hacienda Village neighborhood of South Los Angeles, CA. A short 23-minute local drive to Downtown Los Angeles and centrally located near 2 major freeways, the subject property gives tenants convenient access to the 105 and 110 Freeways. The property was originally built in 1925 and is comprised of approximately 2,152 rentable square feet on an oversized 9,040 square foot lot. The building has an outstanding unit mix, comprising one spacious 2-bedroom 1-bathroom house in the front, one duplex behind with 1-bedroom 1-bathroom units, and a freestanding 1 bedroom 1 bathroom unit at the back. One of the units in the duplex structure will be delivered without tenants, allowing an investor to achieve market rent for that unit. The property is separately metered for gas and electricity and features ample secured parking. This is a great opportunity to acquire a desirable multi-family asset with substantial upside and potential for an ADU development in a strong rental market of Los Angeles and could become a great addition to any investor's portfolio.

  • January, 2021

  • Jan 13, 2021

    Date

    Sold

    CRMLS: SR20243817

    $715,000

    Price

  • Dec 8, 2020

    Date

    Active Under Contract

    CRMLS: SR20243817

    $699,995

    Price

  • Nov 22, 2020

    Date

    Active

    CRMLS: SR20243817

    $699,995

    Price

  • Nov 20, 2020

    Date

    Coming Soon

    CRMLS: SR20243817

    $699,995

    Price

  • Listing provided courtesy of CRMLS

    Please note that all 4 Units are tenant occupied DRIVE BY ONLY Showings will be upon acceptance. Total Rent: $4,255 with all tenants on a month to month lease. Some of the rent are below market so the monthly revenue can be higher. This is a Great income-producing investment with low costs! One of the few 4 unit properties with all Paying Tenants. Each unit has its own gas and electrical meter for easy rental. Cooper Plumbing throughout and two of the unites recently received a new roof. The total square footage for all units is 2,152. All units have parking spots in a designated parking area. This is a Great rental income potential With Plenty of potential space to build on to it with a lot over 9,000 SF. Don't miss out on the opportunity to have (4) multi-rental unit building's. Great price, great opportunity, Won't last long! Located in a very central area: Nearby schools, The closest grocery stores, Nearby coffee shops and restaurants. Near major freeways and public transport. The property has been well maintained and this is a no brainer to add this property to your income property portfolio. This property will not last!!!! Don't miss out!!

  • January, 2021

  • Jan 11, 2021

    Date

    Sold (Public Records)

    Public Records

    $715,000

    Price

  • September, 2017

  • Sep 4, 2017

    Date

    Sold

    CRMLS: DW17130267

    $500,000

    Price

  • Jul 18, 2017

    Date

    Pending

    CRMLS: DW17130267

    $500,000

    Price

  • Jun 9, 2017

    Date

    Active

    CRMLS: DW17130267

    $500,000

    Price

  • Listing provided courtesy of CRMLS

    Please note that all 4 Units are tenant occupied DRIVE BY ONLY Showings will be upon acceptance. Total Rent: $3,916.57

  • August, 2017

  • Aug 18, 2017

    Date

    Sold (Public Records)

    Public Records

    $500,000

    Price

Show More

Tax History for 9305 Maie Ave

Assessed Value (2020): $520,200
Year Land Value Improved Value Assessed Value
2020 $260,100 $260,100 $520,200

Home Value Compared to the Market

This property vs the competition

9305 Maie Ave is listed 38.43% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $357.34 per/sqft which puts the price per square foot 53.71% lower than the median price per square foot for the city of Los Angeles.

About 9305 Maie Ave

Detailed summary of property

9305 Maie Ave is a multi family located in Los Angeles, CA 90002 and is currently for sale. This multi family property offers 5 bedrooms, 4 bathrooms, roughly 2,152 living square feet, and sits on an approximately 9,040 square foot lot. 9305 Maie Ave was first listed on ArdentRealEstateGroup.com on January 23, 2024. The homeowner is currently asking $769,000 and was originally asking $799,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 38.43% lower than the median priced home. Local competing homes currently for sale include 1141 E 84th Pl, 913 E 87th St and 1503 E 109th St. While the average home in Los Angeles, CA is selling in 97 days, 9305 Maie Ave has a days on market of 86 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 9305 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 9305 Maie Ave

Public county record property details
Beds
5
Baths
4
Year built
1925
Sq. Ft.
2,152
Lot Size
9,040
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
6048-022-044

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
$589,999
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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Recently Sold Homes Near 9305 Maie Ave

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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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