3 of 4 units are vacant at the completely remodeled Bungalows on Exposition ready to get market student housing rates. Many buildings in the area get $1500/mo rent per bedroom making the total projected rents $10,900/mo. 3 of the units are en-suite 2 beds 2 baths with projected rents at $9,000/mo. One unit is 1 bed 1 bath with a projected rent of $1900/mo. The very large garage in the back is a 3 bedroom ADU potential. The building is 2 short blocks from USC, the Expo/Vermont Metro Station, and the all new Lucas Museum of Narrative Art at Exposition Park opening in 2025. The museum is on 11 acres with 100,000 SF of restaurants, retail, and two state-of-the-art theaters. Look it up! These are 3 exceptional points of attraction for an investor. The building is bungalow style completely remodel in 2019 with new kitchens, bathrooms, flooring, central air & heat, security systems, concrete, and more. Washer/Dryer inside each unit. Designed for USC students looking for a quiet smaller building where security & cleanliness is important. Plenty of parking. Many buildings in the area charge for parking spots. Front patio for hanging out or grilling. Environmentally conscious materials & low maintenance landscaping. There's a security gate in the front & the perimeter is fenced. The complex is well lighted for safety. Students typically have guarantors, stipends from student loans, and the rental agreements are for one full calendar year.
This property is $925.5K more than the Median Sold Price and $237/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24465909
Listing Office:
Office Name: Keller Williams Downtown LA
Office Phone: (213) 797-7000
Listing Agent: Aram Gaboudian
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: 11/22/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 10, 2020
Jan 10, 2020Home Sold
$1,811,000
May 08, 2019
May 08, 2019Home Sold
$820,000
Mar 20, 2003
Mar 20, 2003Home Sold
$280,000
Aug 03, 1999
Aug 03, 1999Home Sold
$160,000
Nov 19, 1990
Nov 19, 1990Home Sold
$160,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,854
$1,818,648
2020
$5,459
$836,400
2019
$4,596
$363,522
2018
$4,500
$356,395
2017
$4,500
$349,408
History based on county public records data.
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NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Lenicia B. Weemes Elementary
1260 W 36th Pl
Distance between this listing and this school0.24 miles
Public District Grades PK-5
3
/10
STEM Preparatory Elementary School
1374 W 35th St
Distance between this listing and this school0.46 miles
Public Charter Grades KG-5
3
/10
John W. Mack Elementary
3020 S Catalina St
Distance between this listing and this school0.64 miles
Public District Grades KG-5
Nearby Schools
3
/10
Kipp Scholar Academy
1729 W Martin Luther King Jr Blvd
Distance between this listing and this school0.87 miles
Public Charter Grades 5-8
3
/10
William Jefferson Clinton Middle School
3500 S Hill St
Distance between this listing and this school1.24 miles
Public District Grades 6-8
6
/10
New Heights Charter
2202 W Martin Luther King Jr Blvd
Distance between this listing and this school1.28 miles
Public Charter Grades KG-8
Nearby Schools
8
/10
Ednovate - Usc Hybrid High College Preparatory
3939 S Vermont Ave
Distance between this listing and this school0.42 miles
Public Charter Grades 9-12
6
/10
Foshay Learning Center
3751 S Harvard Blvd
Distance between this listing and this school0.55 miles
Public District Grades 6-12
3
/10
Manual Arts High School
4131 S Vermont Ave
Distance between this listing and this school0.73 miles
The neighbors living near this home have an average income of $24,625. Residents of Los Angeles, CA typically earn less than $35k each year. The most common type of family is single, no 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 1192 Exposition Blvd
What is the listing price of this property?
The listing price of 1192 Exposition Blvd property is $1,949,000.
What type of property is this?
The property 1192 Exposition Blvd is a house located in Los Angeles, California, 90007.
Is this property for sale now?
Active Listing: 1192 Exposition Blvd 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 $21,854 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on January 10, 2020 for $1,811,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1192 Exposition Blvd has 7 bedrooms and 7 bathrooms.
What is the square footage of this property?
The property 1192 Exposition Blvd is 2,220 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1192 Exposition Blvd is 1931.
This home is located at 1192 Exposition Blvd in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 2,220 square foot home, which was built in 1931, sits on a 0.15 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,949,000.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.