954 S Ford Blvd, Los Angeles, CA 90022
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954 S Ford Blvd Los Angeles, CA 90022

$875,000 Sold Price as of 06/14/2022
  • 5 Beds
  • 4 Baths
  • 1,778 Sq.Ft.
Sold
$875,000 Sold Price as of 06/14/2022 Refinance Your Mortgage

Map preview of 954 S Ford Blvd, Los Angeles, CA 90022

Property Overview: 954 S Ford Blvd Los Angeles, CA has 5 bedrooms, 4 bathrooms, 1,778 living square feet and 5,596 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ATTENTION: Back on the Market buyers unable to perform! Looking for an income Property with TREMENDOUS POTENTIAL and/or RENTAL INCOME? look NO MORE!! But hurry and make your best and highest offer now because this property will not last. This multi-family property could potentially achieve Market Rents of approx $6,700.00 monthly and should provide any Buyer/ Investor positive cash flow. Buyer to conduct own due diligence. So many possibilities and flexible options -- Existing Front house features 3 Beds/ 3 Baths, and can potentially separate 1 Bed/ 1 Bath with own entrance and rent out as a studio. Rear ADU is brand new construction (except Garage) and features 2 Beds / 1 Baths. Total Square footage of combined structure is approx 1,778 SF living area. Owner can live in 1 unit and/or rent the other(s) out. Property is nicely setup to accommodate numerous options and maximize potential income, and neighborhood does not belong to City Rent control. All units available and ready for Market rents. Located in the heart of East LA and only minutes away from downtown LA. Very close to all major freeways and only minutes away from shopping, entertainment and all the necessary amenities. Sold AS IS condition - Seller recently received the final inspection sign offs from the city and received The Certificate of Occupancy. Property was recently appraised for a FHA loan for $895k and home inspection and FHA loan requirements are clean! Seller is Looking for a serious buyer and a quick escrow! Living sqft currently reflect old sqft of 880sqft. New 1778 sqft of living sqft will reflect once permits are finalized and records are updated.

Listed by GILBERT DEL TORO | BRE #01849449 | COLDWELL BANKER DYNASTY/TC
Last checked: 7 minutes ago | Last updated: June 16th, 2022 | Source CRMLS | DOM: 87

Home details

Lot Sq. Ft
5,596
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
WS22009199
City
Los Angeles
County
Los Angeles
Time on Site
849 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,000
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

Property Details for 954 S Ford Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Ductless, Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate, Tile
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Ceiling Fan(s), Copper Plumbing Full, Open Floorplan, Recessed Lighting
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System
Exterior Features
Exterior Information
  • Roof: Asphalt
  • Has Fence
  • Block, Chain Link, Good Condition
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Public
Lot Information
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 5246005022
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Accessibility Features: Other
  • Property Condition: Additions/Alterations, Building Permit, Repairs Cosmetic, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: cross street whittier Blvd
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 954 S Ford Blvd

Last sold for $875,000 on June 14th, 2022
  • March, 2022

  • Mar 23, 2022

    Date

    Active Under Contract

    CRMLS: WS22009199

    $845,000

    Price

  • Jan 22, 2022

    Date

    Coming Soon

    CRMLS: WS22009199

    $845,000

    Price

  • October, 2020

  • Oct 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $390,000

    Price

  • May, 2020

  • May 12, 2020

    Date

    Expired

    CRMLS: MB20054578

    $400,000

    Price

  • Mar 24, 2020

    Date

    Withdrawn

    CRMLS: MB20054578

    $400,000

    Price

  • Mar 19, 2020

    Date

    Hold

    CRMLS: MB20054578

    $400,000

    Price

  • Mar 11, 2020

    Date

    Active

    CRMLS: MB20054578

    $400,000

    Price

  • Listing provided courtesy of CRMLS

    Attention investors. Check this great opportunity in East Los Angeles. Single Family residence on a R 4 zoning. 2 Bedroom, 1 bath plus a bonus room with additional bath without city permit. 2 car garage. This home will not qualify for conventional financing. Accepting cash offers only.

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Tax History for 954 S Ford Blvd

Assessed Value (2020): $132,063
Year Land Value Improved Value Assessed Value
2020 $90,488 $41,575 $132,063

Home Value Compared to the Market

This property vs the competition

954 S Ford Blvd sold on June 14, 2022 for 28.99% 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 $475.25 per/sqft which puts the price per square foot 37.05% lower than the current median sale per square foot for the city of Los Angeles.

About 954 S Ford Blvd

Detailed summary of property

954 S Ford Blvd is a multi family that recently sold in Los Angeles, CA 90022. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 1,778 living square feet, and sits on an approximately 5,596 square foot lot. 954 S Ford Blvd was first listed on ArdentRealEstateGroup.com on January 22, 2022. The homeowner sold the property for $875,000. 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 28.99% lower than the current median priced home. Local homes that are currently for sale include 1086 N Bonnie Beach Pl, 923 N Alma Ave and 3149 Fairmount St. While the average home in Los Angeles, CA is selling in 92 days, 954 S Ford Blvd has a days on market of 87 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 954 S Ford Blvd Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 954 S Ford Blvd

Public county record property details
Beds
2
Baths
1
Year built
1922
Sq. Ft.
880
Lot Size
5,595
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
20
APN
5246-005-022

The source for these homes facts are from public records.

90022 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.
$629
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
20
Median Sale to List Price %
101%
Avg Days on Market
17
Loan Type
Conventional (25%), FHA (25%), VA (0%), Cash (25%), Other (0%)

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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.