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947 W 68Th St, Los Angeles, CA 90044
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947 W 68Th St Los Angeles, CA 90044

$929,000 Sold Price as of 06/14/2022
  • 6 Beds
  • 6 Baths
  • 2,816 Sq.Ft.
Sold
$929,000 Sold Price as of 06/14/2022 Refinance Your Mortgage
Map preview of 947 W 68Th St, Los Angeles, CA 90044

Property Overview: 947 W 68Th St Los Angeles, CA has 6 bedrooms, 6 bathrooms, 2,816 living square feet and 4,641 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent value add opportunity to acquire 6 units in a strong rental submarket. All one bedroom units, low maintenance with individual water heaters. First time on the market since the 1950s. Ideal starter property for first time investor. Significant rental upside. Please do not disturb tenants or walk on property. Contact listing agent for more information.

Listed by Robert Leveen | BRE #01476685 | Robert Leveen
Last checked: 1 minute ago | Last updated: June 16th, 2022 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
4,641
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22153031
City
Los Angeles
County
Los Angeles
Time on Site
744 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $917
  • Total Rent: $5,504
  • Pro Forma/Market Rent: $8,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14
  • Gross Scheduled Income: --
  • Net Operating Income: $39,931
  • Gross Operating Income: $66,048
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 947 W 68Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 6
  • Parcel Number: 6013009002
Location / Neighborhood
Location Information
  • Directions: 68th Street and Vermont Ave
View more facts & features

Local Los Angeles Agent

Sale History for 947 W 68Th St

Last sold for $929,000 on June 14th, 2022

  • June, 2022

  • Jun 14, 2022

    Date

    Sold

    CRMLS: 22153031

    $929,000

    Price

  • May 3, 2022

    Date

    Active

    CRMLS: 22153031

    $925,000

    Price

Tax History for 947 W 68Th St

Assessed Value (2020): $57,100
Year Land Value Improved Value Assessed Value
2020 $20,817 $36,283 $57,100

Home Value Compared to the Market

This property vs the competition

947 W 68Th St sold on June 14, 2022 for 22.27% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $328.48 per/sqft which puts the price per square foot 56.49% lower than the current median sale per square foot for the city of Los Angeles.

About 947 W 68Th St

Detailed summary of property

947 W 68Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 6 bedrooms, 6 bathrooms, roughly 2,816 living square feet, and sits on an approximately 4,641 square foot lot. 947 W 68Th St was first listed on ArdentRealEstateGroup.com on May 4, 2022. The homeowner sold the property for $929,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 22.27% lower than the current median priced home. Local homes that are currently for sale include 1054 W 58th Pl, 432 W 74th St and 1423 W 65th St. While the average home in Los Angeles, CA is selling in 94 days, 947 W 68Th St has a days on market of 24 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 947 W 68Th 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 947 W 68Th St

Public county record property details
Beds
6
Baths
6
Year built
1924
Sq. Ft.
2,816
Lot Size
4,666
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
68,69
APN
6013-009-002

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
$669,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
79
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), 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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