936 W 71St St, Los Angeles, CA 90044
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936 W 71St St Los Angeles, CA 90044

$3,500,000
  • 256 Beds
  • 256 Baths
  • 8,798 Sq.Ft.
For Sale
$3,500,000 Get Pre-Qualified

Map preview of 936 W 71St St, Los Angeles, CA 90044

Property Overview: 936 W 71St St Los Angeles, CA has 256 bedrooms, 256 bathrooms, 8,798 living square feet and 13,191 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.

Listed by Samuel Hughes | BRE #01187746 | Samuel Hughes
Last checked: 2 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
13,191
HOA Dues
$0/mo
Year built
1937
Garage
16 Car
Property Type:
Apartment
Status
Active
MLS#
TR24193647
City
Los Angeles
County
Los Angeles
Time on Site
1 day
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 5
  • # of Leased Units: 15
  • # of Electric Meters: 16
  • # of Gas Meters: 16
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 16
  • # of Baths: 16
  • Garage Spaces: 16
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $203,856
  • Total Rent: $226,320
  • Pro Forma/Market Rent: $359,424
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $226,320
  • Net Operating Income: $152,254
  • Gross Operating Income: $226,320
Annual Expense Breakdown
  • Total Operating Expense: $74,066
  • New Taxes: $35,000
  • Trash: $3,720
  • Gardener: $3,640
  • Insurance: $9,051
  • Professional Management: $9,104
  • Water/Sewer: $13,551

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Property Details for 936 W 71St St

Interior Features
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 16
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear, Off Site, On Site
Lot Information
  • Lot Features: Lot 10000-19999 Sqft, Rectangular Lot, Level
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 16
  • Parcel Number: 6013001024
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: Vermont and Florence
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 936 W 71St St

View property's historical transactions
  • September, 2024

  • Sep 17, 2024

    Date

    Active

    CRMLS: TR24193647

    $3,500,000

    Price

Tax History for 936 W 71St St

Assessed Value (2020): $82,790
Year Land Value Improved Value Assessed Value
2020 $31,037 $51,753 $82,790

Home Value Compared to the Market

This property vs the competition

936 W 71St St is listed 191.67% higher 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 $397.82 per/sqft which puts the price per square foot 48.2% lower than the median price per square foot for the city of Los Angeles.

About 936 W 71St St

Detailed summary of property

936 W 71St St is a apartment located in Los Angeles, CA 90044 and is currently for sale. This apartment offers 256 bedrooms, 256 bathrooms, roughly 8,798 living square feet, and sits on an approximately 13,191 square foot lot. 936 W 71St St was first listed on ArdentRealEstateGroup.com on September 18, 2024. The homeowner is currently asking $3,500,000. 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 191.67% higher than the median priced home. Local competing homes currently for sale include 3820 Montclair St, 1817 Arapahoe St and 1629 S New Hampshire Ave. While the average home in Los Angeles, CA is selling in 106 days, 936 W 71St St has a days on market of 2 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 936 W 71St St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 936 W 71St St

Public county record property details
Beds
16
Baths
16
Year built
1937
Sq. Ft.
8,798
Lot Size
13,187
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
64
APN
6013-001-024

The source for these homes facts are from public records.

90044 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.
$513
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
87
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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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.