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9500 S Spring St, Los Angeles, CA 90003
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9500 S Spring St Los Angeles, CA 90003

$598,000
  • 8 Beds
  • 4 Baths
  • 1,321 Sq.Ft.
For Sale
$598,000 Get Pre-Qualified
Map preview of 9500 S Spring St, Los Angeles, CA 90003

Property Overview: 9500 S Spring St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 1,321 living square feet and 5,520 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: Ideal buy and hold development opportunity. This fully vacant, centrally located duplex offers two freestanding houses on a street to street lot, as well as a separate garage with attached workshop. The large front unit is currently a two-bed/one-bath but can potentially be reconfigured as a three bed. The rear unit is currently being used as a two-bed/one-bath, and the garage and workshop can be converted to an ADU There is plenty of off street parking for three rentals, and the possibility of generating huge monthly income either with the updated section 8 rent schedules or with market rate rents. Multiple development strategies exist for this exciting fixer which is zoned R-2 and is close to public transit. No blind offers. Sellers to make no repairs or concessions. Cash or hard money offers only.

Listed by Steve Aranda | BRE #01435884 | Altadena Real Estate Company
Last checked: 9 minutes ago | Last updated: September 14th, 2024 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,520
HOA Dues
$0/mo
Year built
1925
Garage
1 Car
Property Type:
Duplex
Status
Active
MLS#
PF24187010
City
Los Angeles
County
Los Angeles
Time on Site
9 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $109,872
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 9500 S Spring St

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Property Details for 9500 S Spring St

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • In Kitchen
Fireplace Information
  • No Fireplace
  • None
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6053008032
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: North on Broadway from Century. Right on Colden. Left on Spring.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 9500 S Spring St

View property's historical transactions

  • September, 2024

  • Sep 9, 2024

    Date

    Active

    CRMLS: PF24187010

    $598,000

    Price

Tax History for 9500 S Spring St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

9500 S Spring St is listed 50.17% lower 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 $452.69 per/sqft which puts the price per square foot 41.06% lower than the median price per square foot for the city of Los Angeles.

About 9500 S Spring St

Detailed summary of property

9500 S Spring St is a duplex located in Los Angeles, CA 90003 and is currently for sale. This duplex offers 8 bedrooms, 4 bathrooms, roughly 1,321 living square feet, and sits on an approximately 5,520 square foot lot. 9500 S Spring St was first listed on ArdentRealEstateGroup.com on September 9, 2024. The homeowner is currently asking $598,000. 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 50.17% lower than the median priced home. Local competing homes currently for sale include 829 E Century Blvd, 1031 W Century Blvd and 919 E 92nd St. While the average home in Los Angeles, CA is selling in 106 days, 9500 S Spring St has a days on market of 10 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 9500 S Spring St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9500 S Spring St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$574
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
47
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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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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