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945 N Beaudry Ave, Los Angeles, CA 90012
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945 N Beaudry Ave Los Angeles, CA 90012

$2,100,000 Sold Price as of 02/28/2022
  • 17 Beds
  • 9 Baths
  • 6,810 Sq.Ft.
Sold
$2,100,000 Sold Price as of 02/28/2022 Refinance Your Mortgage
Map preview of 945 N Beaudry Ave, Los Angeles, CA 90012

Property Overview: 945 N Beaudry Ave Los Angeles, CA has 17 bedrooms, 9 bathrooms, 6,810 living square feet and 6,974 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 945 N. Beaudry Avenue, an 8-unit multifamily investment property located in the culturally dynamic and rapidly developing neighborhood of Chinatown. This is the first time the property has been put on the market and is being sold by the family of the developer. Located just North of Sunset Boulevard, the subject property is conveniently located near a diverse selection of recreational activities (charming cafes, trendy restaurants and nightlife options) and offers easy access to the 110 and 101 Freeways. The 6,974 SF two-story building is comprised of (1) 3-bdrm. and 2-bath townhouse-style unit (perfect for an owner's unit) and (7) 2-bdrm. and 1-bath units. Please note, 4 units will be delivered vacant upon COE. The units offer a value-add opportunity to potential investors, as current rents are approx. 32% below market value for nicely remodeled units in the area.Located in a neighborhood that is currently seeing several large-scale developments, 945 N. Beaudry presents investors with the opportunity to acquire an ideal value-add investment in a neighborhood with tremendous promise.

Listed by Kenny Stevens | BRE #01090251 | Compass
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
6,974
HOA Dues
$0/mo
Year built
1968
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21796630
City
Los Angeles
County
Los Angeles
Time on Site
986 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,588
  • Total Rent: $1,588
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,460
  • Total Rent: $1,460
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,133
  • Total Rent: $1,133
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,113
  • Total Rent: $1,113
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 5
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,350
  • Total Rent: $2,350
  • Pro Forma/Market Rent: $2,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $110,604
  • Gross Operating Income: $172,566
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 945 N Beaudry Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community, Individual Room
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Covered, Tandem Garage
Property Information
  • No View
  • View: None
  • Total # of Units: 8
  • Parcel Number: 5406021038
Location / Neighborhood
Location Information
  • Directions: Heading north on Beaudry Avenue, subject property is located on your left before reaching Figueroa Terrace
View more facts & features

Local Los Angeles Agent

Sale History for 945 N Beaudry Ave

Last sold for $2,100,000 on February 28th, 2022

  • February, 2022

  • Feb 28, 2022

    Date

    Sold

    CRMLS: 21796630

    $2,100,000

    Price

  • Oct 18, 2021

    Date

    Active

    CRMLS: 21796630

    $2,600,000

    Price

Tax History for 945 N Beaudry Ave

Assessed Value (2020): $260,224
Year Land Value Improved Value Assessed Value
2020 $44,358 $215,866 $260,224

Home Value Compared to the Market

This property vs the competition

945 N Beaudry Ave sold on February 28, 2022 for 120.35% higher 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 $365.64 per/sqft which puts the price per square foot 51.51% lower than the current median sale per square foot for the city of Los Angeles.

About 945 N Beaudry Ave

Detailed summary of property

945 N Beaudry Ave is a multi family that recently sold in Los Angeles, CA 90012. This multi family property offered 17 bedrooms, 9 bathrooms, roughly 6,810 living square feet, and sits on an approximately 6,974 square foot lot. 945 N Beaudry Ave was first listed on ArdentRealEstateGroup.com on October 19, 2021. The homeowner sold the property for $2,100,000. 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 120.35% higher than the current median priced home. Local homes that are currently for sale include 2828 Reservoir St, 130 S Coronado St and 2642 Queen St. While the average home in Los Angeles, CA is selling in 99 days, 945 N Beaudry Ave has a days on market of 57 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 945 N Beaudry Ave Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 945 N Beaudry Ave

Public county record property details
Beds
18
Baths
9
Year built
1968
Sq. Ft.
6,810
Lot Size
6,999
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
65
APN
5406-021-038

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$607
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$468
Total Inventory
59
Median Sale to List Price %
88%
Avg Days on Market
125
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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