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967 S Lorena St, Los Angeles, CA 90023
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967 S Lorena St Los Angeles, CA 90023

$1,220,000 Sold Price as of 12/21/2021
  • 12 Beds
  • 12 Baths
  • 3,200 Sq.Ft.
Sold
$1,220,000 Sold Price as of 12/21/2021 Refinance Your Mortgage
Map preview of 967 S Lorena St, Los Angeles, CA 90023

Property Overview: 967 S Lorena St Los Angeles, CA has 12 bedrooms, 12 bathrooms, 3,200 living square feet and 5,768 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FULLY REMODELED 2 BED , 2 BATH FRONT HOUSE AND 2 NEW CONSTRUCTION UNITS AT THE BACK OF THE PROPERTY EACH IS TWO STORIES, 2 BED, 2.5 BATH INCOME PROPERTY FOR SALE. All BUYERS AND INVESTORS TAKE A LOOK AT THIS BEAUTIFUL PROPERTY! THIS CHARMING 2 BUILDINGS 3 UNIT PROPERTY SITS IN THE HEART OF BOYLE HEIGHTS NEXT TO HOLLENBECK PARK AND 2.6 MILES FROM DOWNTOWN LOS ANGELES. ALL # UNITS HAVE FRONT AND BACK ENTRANCE TO THE PROPERTY. EACH UNIT HAS THEIR ASSIGNED 2 PARKING SPACES IN THE BACK. THE BUILDING HAS SECURITY GATES ON THE FRONT AND SIDES. THIS UNIQUE RECENTLY CONSTRUCTED BUILDINGS HAVE VERY GOOD STANDING RESIDENTIAL INCOME! EACH 2 BED and 2.5 BATH UNIT . FRONT UNIT RENTED FOR $2,160. ALL PERMITS & PLANS AVAILABLE.

Listed by Mezdan Mota | BRE #01833661 | Mezdan Mota
Last checked: 8 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
5,768
HOA Dues
$0/mo
Year built
2021
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21748840
City
Los Angeles
County
Los Angeles
Time on Site
1193 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,160
  • Total Rent: $2,160
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 46
  • Gross Scheduled Income: --
  • Net Operating Income: $80,020
  • Gross Operating Income: $25,920
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 967 S Lorena St

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Stackable
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave
Interior Features
  • Ceiling Fan(s)
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Driveway - Combination
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 3
  • Parcel Number: 5188022031
Location / Neighborhood
Location Information
  • Directions: Arrive at S Lorena St. The last intersection before your destination is E 7th St, If you reach Lee St, you've gone too far.
View more facts & features

Local Los Angeles Agent

Sale History for 967 S Lorena St

Last sold for $1,220,000 on December 21st, 2021

  • September, 2021

  • Sep 15, 2021

    Date

    Pending

    CRMLS: 21748840

    $1,220,000

    Price

  • Jun 26, 2021

    Date

    Price Change

    CRMLS: 21748840

    $1,220,000

    Price

  • Jun 15, 2021

    Date

    Active

    CRMLS: 21748840

    $1,200,000

    Price

  • Jun 14, 2021

    Date

    Coming Soon

    CRMLS: 21748840

    $1,200,000

    Price

  • February, 2018

  • Feb 1, 2018

    Date

    Price Change

    CRMLS: IV17077622

    $281,693

    Price

  • May 26, 2017

    Date

    Sold

    CRMLS: IV17077622

    $281,693

    Price

  • Apr 21, 2017

    Date

    Pending

    CRMLS: IV17077622

    $281,693

    Price

  • Apr 12, 2017

    Date

    Active

    CRMLS: IV17077622

    $281,693

    Price

  • Listing provided courtesy of CRMLS

    The property is being sold AS IS without repair or warranty. Auction opening bid will be well below the minimum acceptable bid price. The list price represents what seller will accept for the property.

  • October, 2017

  • Oct 19, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2017

  • May 26, 2017

    Date

    Sold (Public Records)

    Public Records

    $282,000

    Price

  • June, 2013

  • Jun 14, 2013

    Date

    Expired

    CRMLS: 12166947

    $275,000

    Price

  • Jul 31, 2012

    Date

    Active

    CRMLS: 12166947

    $275,000

    Price

  • Listing provided courtesy of CRMLS

    Short Sale. subjec to interior insp. plese do not disturb occupants. Garage may be tear down. Cash only

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Tax History for 967 S Lorena St

Assessed Value (2020): $528,616
Year Land Value Improved Value Assessed Value
2020 $321,545 $207,071 $528,616

Home Value Compared to the Market

This property vs the competition

967 S Lorena St sold on December 21, 2021 for 8.93% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $381.25 per/sqft which puts the price per square foot 47.34% lower than the current median sale per square foot for the city of Los Angeles.

About 967 S Lorena St

Detailed summary of property

967 S Lorena St is a multi family that recently sold in Los Angeles, CA 90023. This multi family property offered 12 bedrooms, 12 bathrooms, roughly 3,200 living square feet, and sits on an approximately 5,768 square foot lot. 967 S Lorena St was first listed on ArdentRealEstateGroup.com on June 14, 2021. The homeowner sold the property for $1,220,000. 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 8.93% higher than the current median priced home. Local homes that are currently for sale include 244 N Chicago St, 322 Cornwell St and 505 N Gage Ave. While the average home in Los Angeles, CA is selling in 106 days, 967 S Lorena St has a days on market of 17 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 967 S Lorena St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 967 S Lorena St

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
992
Lot Size
5,768
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
84
APN
5188-022-031

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$620,000
Median List Price/Sq.Ft.
$628
Median Sold Price
$692,500
Median Sold Price/Sq.Ft.
$604
Total Inventory
18
Median Sale to List Price %
106.55%
Avg Days on Market
32
Loan Type
Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

Thinking of Selling?

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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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