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931 S Hillview Ave, Los Angeles, CA 90022
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931 S Hillview Ave Los Angeles, CA 90022

$1,050,000 Sold Price as of 11/16/2021
  • -- Beds
  • -- Baths
  • 3,983 Sq.Ft.
Sold
$1,050,000 Sold Price as of 11/16/2021 Refinance Your Mortgage
Map preview of 931 S Hillview Ave, Los Angeles, CA 90022

Property Overview: 931 S Hillview Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,983 living square feet and 5,053 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Priced To Sell! $1,099,000 Must Go! Seller has already Identified their 1031-Exchange Upleg. Seller will only consider Cash or Hard Money Offers. This 9 Unit Investment Opportunity Consists of Studios, 1 Bedroom & 2 Bedroom Units. Low Price Per Unit of $122,111 with a 5.72% Cap Rate and 10.50 GRM. Professionally Managed & Maintained with Realistic Rental Upside Potential of +/- 43%. The Property is Surrounded Predominantly by Single Family Homes and is a Walkers Paradise (Walk Score 90) with a Short Distanced to many Shops & Restaurants on S Atlantic Blvd & Whittier Blvd. Landlord currently pays for all Electric & Gas utilities, there are 4 Electric meters & 3 Gas meters on the property. 1 Tenant is not paying rent. Property is Located in Unincorporated Los Angeles, LA County Rent Stabilization Ordinance Applies. Buyer to verify all information regarding unit mix, square feet, lot size, year built, rent control, etc.

Listed by Shant Sherbetdjian | BRE #01713570 | Remax Commercial and Investment Realty
Last checked: 14 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 153

Home details

Lot Sq. Ft
5,053
HOA Dues
$0/mo
Year built
1928
Garage
--
Property Type:
Other
Status
Sold
MLS#
21745106
City
Los Angeles
County
Los Angeles
Time on Site
386 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.72%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $62,908
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 931 S Hillview Ave

Lot Details / Garage and Parking
Property Information
  • Total # of Units: 9
  • Parcel Number: 6340002029
Location / Neighborhood
Location Information
  • Directions: Walkers Paradise Walk Score of 90. Located on South Hillview Avenue between Whittier Blvd and Verona St. The Major Cross Streets are Whittier Blvd and S Atlantic Blvd in the city of East Los Angeles, 90022.
View more facts & features

Local Los Angeles Agent

Sale History for 931 S Hillview Ave

Last sold for $1,050,000 on November 16th, 2021

  • November, 2021

  • Nov 16, 2021

    Date

    Sold

    CRMLS: 21745106

    $1,050,000

    Price

  • Jun 4, 2021

    Date

    Active

    CRMLS: 21745106

    $1,395,000

    Price

  • August, 2021

  • Aug 17, 2021

    Date

    Price Change

    CRMLS: 21727860

    $1,299,000

    Price

  • Jul 29, 2021

    Date

    Active

    CRMLS: 21727860

    $1,395,000

    Price

  • Jul 23, 2021

    Date

    Active Under Contract

    CRMLS: 21727860

    $1,395,000

    Price

  • May 5, 2021

    Date

    Active

    CRMLS: 21727860

    $1,395,000

    Price

  • Listing provided courtesy of CRMLS

    Priced To Sell! $1,099,000 Must Go! Seller has already Identified their 1031-Exchange Upleg. Seller will only consider Cash or Hard Money Offers. This 9 Unit Investment Opportunity Consists of Studios, 1 Bedroom & 2 Bedroom Units. Low Price Per Unit of $122,111 with a 5.72% Cap Rate and 10.50 GRM. Professionally Managed & Maintained with Realistic Rental Upside Potential of +/- 43%. The Property is Surrounded Predominantly by Single Family Homes and is a Walkers Paradise (Walk Score 90) within a Short Distance to many Shops & Restaurants on S Atlantic Blvd & Whittier Blvd. Landlord currently pays for all Electric & Gas utilities, there are 4 Electric meters & 3 Gas meters on the property. 1 Tenant is not paying rent. Property is Located in Unincorporated Los Angeles, LA County Rent Stabilization Ordinance Applies. Buyer to verify all information regarding unit mix, square feet, lot size, year built, rent control, etc.

  • July, 2018

  • Jul 26, 2018

    Date

    Sold

    CRMLS: 18329348

    $1,000,000

    Price

  • Jun 4, 2018

    Date

    Active Under Contract

    CRMLS: 18329348

    $1,150,000

    Price

  • May 11, 2018

    Date

    Price Change

    CRMLS: 18329348

    $1,150,000

    Price

  • Apr 3, 2018

    Date

    Active

    CRMLS: 18329348

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

  • July, 2018

  • Jul 24, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,000,000

    Price

Show More

Tax History for 931 S Hillview Ave

Assessed Value (2020): $1,020,000
Year Land Value Improved Value Assessed Value
2020 $612,000 $408,000 $1,020,000

Home Value Compared to the Market

This property vs the competition

931 S Hillview Ave sold on November 16, 2021 for 2.74% 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 $275.92 per/sqft which puts the price per square foot 63.41% lower than the current median sale per square foot for the city of Los Angeles.

About 931 S Hillview Ave

Detailed summary of property

931 S Hillview Ave is a other that recently sold in Los Angeles, CA 90022. This property offered -- bedrooms, -- bathrooms, roughly 3,983 living square feet, and sits on an approximately 5,053 square foot lot. 931 S Hillview Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,050,000. 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 2.74% lower than the current median priced home. Local homes that are currently for sale include 6524 S Central Ave, 11010 Willowbrook Ave and 9920 S Central Ave. While the average home in Los Angeles, CA is selling in 98 days, 931 S Hillview Ave has a days on market of 153 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 931 S Hillview Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 931 S Hillview Ave

Public county record property details
Beds
9
Baths
9
Year built
1928
Sq. Ft.
3,983
Lot Size
5,052
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
110
APN
6340-002-029

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$626
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$635
Total Inventory
22
Median Sale to List Price %
104.65%
Avg Days on Market
25
Loan Type
Conventional (14.29%), FHA (57.14%), VA (0%), Cash (14.29%), Other (14.29%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 931 S Hillview 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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