9 months on rocket

1006 S Record Ave, Los Angeles, CA, 90023

$3,500,000

0 Baths
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
Year Built1990
HeatingPropane
CoolingCentral Air
FireplaceNone
ViewNone
MLS #OC24051871
Lot Size0.20 Acres
StatusActive

About 1006 S Record Ave

Record Avenue Apartments at 1006 Record Avenue is a private gated multi-family apartment complex in the heart of East Los Angeles. A unique multi-family offering comprises two family-managed apartment buildings with six units on separate parcels that can be sold together or separately for an investor to oversee or an owner to occupy and lease out. This property would be an excellent opportunity for owners looking to upgrade to a larger rental property. Encompassing 12 units with a mix of six two-bed/two-bath units and four two-bed/one-bath units, with ample land for two parking spaces for each unit, which is very rare in this area. Each building has one one-bed/bath ,two two/one-bath units and three two/two-bath units. Each building has its owner separate washer and dryer in a common area. The property is in a dense residential area of East Los Angeles, one of LA’s oldest and most influential communities about five miles from Downtown Los Angeles. Close to the high-end community of Monterey Park, nestled four miles away and simply a five-minute drive to the vibrant entertainment, restaurants, and shopping corridor on Whitter Boulevard. East Los Angeles College is three miles away, drawing many students looking for housing to 1006 S Record Avenue. Record Avenue Apartments has hassle-free connectivity reaching Interstate 710, Interstate 5, and Route 60 in less than a mile. Well maintained, with incredible accessibility, Record Avenue Apartments is primed to offer an ideal investment opportunity to own a multi-family asset.

Property Details

Property Features

Property Information:

  • Year Built: 1990
  • Stories: 2

Listing Office:

  • Office Name: Benjamin Frank Venti Realty
  • Office Phone: (949) 280-5931
  • Listing Agent: Peter Vallier

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Range, Refrigerator, Dryer, Washer
  • Interior: Multiple Staircases
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Propane
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Located off Whittier blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,500,000

Tax Information:

  • Annual Amount: $8,528
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1006 S Record Ave vs Los Angeles

282 DAYS ON ROCKET

+244 Days

$3,500,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24051871

Listing Office:

  • Office Name: Benjamin Frank Venti Realty
  • Office Phone: (949) 280-5931
  • Listing Agent: Peter Vallier

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 1:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,528$398,271
2020$8,334$394,188
2019$8,106$386,460
2018$7,933$378,883
2017$7,933$371,455

History based on county public records data.

Payment Calculator

$17.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-839617
4
/10
  • Eastman Elementary

  • 4112 E Olympic Blvd

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-839618
5
/10
  • Rowan Avenue Elementary School

  • 600 S Rowan Ave

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-839619
3
/10
  • Ford Boulevard Elementary School

  • 1112 S Ford Blvd

  • 0.62 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,552. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1006 S Record Ave

What is the listing price of this property?

The listing price of 1006 S Record Ave property is $3,500,000.

What type of property is this?

The property 1006 S Record Ave is a condo located in Los Angeles, California, 90023.

Is this property for sale now?

Active Listing: 1006 S Record Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,528 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 1006 S Record Ave is 1990.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900231006 S Record Ave

This home is located at 1006 S Record Ave in Los Angeles, CA and zip code 90023 in the The Eastside neighborhood. This home, which was built in 1990, sits on a 0.20 acre lot. It has been listed on Rocket Homes since March 14, 2024 and is currently priced at $3,500,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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