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9516 S Central Ave, Los Angeles, CA 90002
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9516 S Central Ave Los Angeles, CA 90002

$1,015,000 Sold Price as of 11/19/2021
  • 11 Beds
  • 6 Baths
  • -- Sq.Ft.
Sold
$1,015,000 Sold Price as of 11/19/2021 Refinance Your Mortgage
Map preview of 9516 S Central Ave, Los Angeles, CA 90002

Property Overview: 9516 S Central Ave Los Angeles, CA has 11 bedrooms, 6 bathrooms, -- living square feet and 5,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Completely remodeled in 2018, these two contemporary units are within 7 miles from USC. Building construction is 5,032 sq ft on a 5,000 sq ft lot plus parking space for approximately six cars. 1st floor unit has 5 Bedrooms - 3 Baths and the 2nd floor unit has 6 Bedrooms - 3 Bath. Newer Kitchen with quartz counter tops, open floor plan, and huge main bedroom with large closets. Ceramic tile in bath areas and hardwood laminate flooring throughout each unit. Central heat, reset lighting, and so much more. Currently rented. 1st floor unit is on a one-year lease that ends in July 2021 and is paying $3400 per month. 2nd floor tenant is on a month-to-month lease paying $3120. Both are current and good tenants. Come check out this awesome income generating property.

Listed by Jennifer Penrose | BRE # | Berkshire Hathaway HomeServices California Realty
Co-listed by Ashley Ross-Hagee | BRE #02109090 | Berkshire Hathaway HomeServices California Realty
Last checked: 8 minutes ago | Last updated: June 26th, 2024 | Source CRMLS | DOM: 58

Home details

Lot Sq. Ft
5,000
HOA Dues
$0/mo
Year built
1940
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
221005176
City
Los Angeles
County
Los Angeles
Time on Site
1094 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: --
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 5
  • # of Baths: 3
  • Actual Rent: $3,400
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 6
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,120
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 9516 S Central Ave

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • No Fireplace
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Gated, Parking Space
Lot Information
  • Lot Size Source: Public Records
Property Information
  • No View
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6049013018
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable - 1007242
View more facts & features

Local Los Angeles Agent

Sale History for 9516 S Central Ave

Last sold for $1,015,000 on November 19th, 2021

  • November, 2021

  • Nov 19, 2021

    Date

    Sold

    CRMLS: 221005176

    $1,015,000

    Price

  • Sep 21, 2021

    Date

    Active

    CRMLS: 221005176

    $1,100,000

    Price

  • January, 2019

  • Jan 30, 2019

    Date

    Canceled

    CRMLS: DW18295299

    $759,000

    Price

  • Dec 27, 2018

    Date

    Active

    CRMLS: DW18295299

    $759,000

    Price

  • Listing provided courtesy of CRMLS

    Complete Remodeled Two Units, This beautiful contemporary units style are ready for the buyer to move live in and rent the other for extra income. Building construction 5032 Sq.Ft on 5,000 Sq.Ft. lot, plus parking space for 6 cars approx. Located in a residential area of Los Angeles. 1st floor unit has 5 Bedroom- 3 Bath. The upstairs unit has 6 Bedroom and 3 Bath. This property offers on each unit an spacious open floor plan, living & dining areas, New kitchen w/quartz counters tops & custom cabinetry. Huge Master Bedroom with Large Closets and Master Bath, each spacious bedroom has a great closet space. Ceramic tile in baths areas & Hardwood laminate flooring throughout each unit. Central heat, Reset Lighting System, Freshly Interior and Exterior Painted, New Stucco. Come and see this beautiful income property.

  • January, 2019

  • Jan 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $767,000

    Price

  • December, 2018

  • Dec 1, 2018

    Date

    Sold

    CRMLS: DW18225774

    $770,000

    Price

  • Sep 29, 2018

    Date

    Pending

    CRMLS: DW18225774

    $775,000

    Price

  • Sep 15, 2018

    Date

    Active

    CRMLS: DW18225774

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    Complete Remodeled Two Units, This beautiful contemporary units style are ready for the buyer to move live in and rent the other for extra income. Building construction 5032 Sq.Ft on 5,000 Sq.Ft. lot, plus parking space for 6 cars approx. Located in a residential area of Los Angeles. 1st floor unit has 5 Bedroom- 3 Bath. The upstairs unit has 6 Bedroom and 3 Bath. This property offers on each unit an spacious open floor plan, living & dining areas, New kitchen w/quartz counters tops & custom cabinetry. Huge Master Bedroom with Large Closets and Master Bath, each spacious bedroom has a great closet space. Ceramic tile in baths areas & Hardwood laminate flooring throughout each unit. Central heat, Reset Lighting System, Freshly Interior and Exterior Painted, New Stucco. Come and see this beautiful income property.

  • July, 2017

  • Jul 26, 2017

    Date

    Sold

    CRMLS: DW17091543

    $355,000

    Price

  • Jul 18, 2017

    Date

    Pending

    CRMLS: DW17091543

    $399,000

    Price

  • Apr 28, 2017

    Date

    Active

    CRMLS: DW17091543

    $399,000

    Price

  • Listing provided courtesy of CRMLS

    Great investors opportunity!!! Legally 2 units consisting of 4 bedrooms/2 baths each unit. Spacious units, property has 5,032 sq ft approx in living space. This Duplex is in need of major work but has a lot of upside potential and is located in the urban Los Angeles area zoned LAR3. Buyer to do their own due diligence with City to verify the zoning and for what purpose/or the number of units can be utilized. Existing legal 2 Units are divided into 3 Units without required city permits. Bottom unit is vacant, with an open floor plan, needs major rehab, all walls are open with no existing drywall. Top unit is divided into 2 units and both units are tenant occupied. Seller will not relocate or issue any credits towards tenant relocation fees. This property will be sold As-Is condition. Only Cash Buyers and/or Hard Money Loans!!!!!! Hurry, won't last!! The property is a huge potential to buy and hold or even flip. Excellent rental potential! Plans & Permits for this property are available in the supplements section.

  • July, 2017

  • Jul 7, 2017

    Date

    Sold (Public Records)

    Public Records

    $355,000

    Price

Show More

Tax History for 9516 S Central Ave

Assessed Value (2020): $782,340
Year Land Value Improved Value Assessed Value
2020 $346,800 $435,540 $782,340

Home Value Compared to the Market

This property vs the competition

9516 S Central Ave sold on November 19, 2021 for 1.79% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 9516 S Central Ave

Detailed summary of property

9516 S Central Ave is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 11 bedrooms, 6 bathrooms, roughly -- living square feet, and sits on an approximately 5,000 square foot lot. 9516 S Central Ave was first listed on ArdentRealEstateGroup.com on September 21, 2021. The homeowner sold the property for $1,015,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 1.79% lower than the current median priced home. Local homes that are currently for sale include 8018 Avalon Blvd, 126 E 89th St and 114 E 102nd St. While the average home in Los Angeles, CA is selling in 106 days, 9516 S Central Ave has a days on market of 58 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 9516 S Central Ave Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9516 S Central Ave

Public county record property details
Beds
11
Baths
6
Year built
1940
Sq. Ft.
5,032
Lot Size
5,000
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
257
APN
6049-013-018

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
43
Median Sale to List Price %
103.45%
Avg Days on Market
13
Loan Type
Conventional (50%), FHA (40%), VA (0%), Cash (10%), 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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