2 months on rocket

Address Not Disclosed - MLS#24449303, Los Angeles, CA, 90008

$1,300,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Baths
5,396 SqFt
$241/SqFt
House

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Address Not Disclosed$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage, Uncovered
Garage3 spaces
Year Built1928
HeatingWall Furnace
CoolingWall/Window Unit(s)
ViewNone
MLS #24449303
Lot Size0.13 Acres
StatusActive

About This Home

We are pleased to present this 4 Unit multifamily investment in the desirable rental area of Leimert Park. This building offers four 2-bedroom 1 bath units boasting 1,349 square feet of living space. The structure was built in 1928 of wood-frame stucco construction with stylish Spanish Colonial architecture. The units have a total of 5,396 square feet and are situated on a 5,501 square foot lot, which is zoned LAR3. Currently the total monthly income is $6,271 per month, leaving a new Owner plenty of upside in the rents upon turnover. The building is fully occupied, and no units will be delivered vacant. Please make all offers subject to inspection and submit proof of funds and DU approval with all offers. Please do not disturb tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Stories: 2
  • Living Area: 5,396 SqFt

Listing Office:

  • Office Name: McAlpin & Company
  • Office Phone: (310) 437-4172
  • Listing Agent: Jerome McAlpin

Interior Features

Interior Information:

  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Door-Multi, Garage, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $241/SqFt
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

This property vs Los Angeles

69 DAYS ON ROCKET

+31 Days

$1,300,000

+$278.4K More

$241/SqFt

-$399 Less

KEY TAKEAWAY

This property is $278.4K more than the Median Sold Price and $399/SqFt less 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: #24449303

Listing Office:

  • Office Name: McAlpin & Company
  • Office Phone: (310) 437-4172
  • Listing Agent: Jerome McAlpin

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, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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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-1112974
7
/10

  • Discovery School of the Arts

  • 13247 Amethyst Rd

  • 0.79 miles

  • Public District Grades KG-6

school-card-donut-1112975
2
/10

  • Morgan Kincaid Preparatory School of Integrated Studies

  • 13257 Mesa Linda Ave

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-1112976
2
/10

  • Liberty School of Innovation and Creativity

  • 12900 Amethyst Rd

  • 1.01 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,764. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Los Angeles, CA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Los Angeles, CA?

Los Angeles' housing market is diverse, offering a mix of architectural styles that range from sleek, contemporary high-rises to classic Spanish-style villas. Single-family homes are prevalent, with a significant portion featuring mid-century modern and craftsman designs. The market also includes a variety of apartments and condominiums, providing options for different lifestyles and budgets. The city has seen a wave of development in recent years, with an emphasis on sustainable and green living spaces.

Is Los Angeles, CA a good place to live?

Los Angeles is celebrated for its vibrant cultural tapestry and dynamic lifestyle. The city prides itself on being an entertainment capital, with numerous film and music events throughout the year. Its character is also defined by a blend of laid-back beach life and the fast-paced glamour of Hollywood. Community events, like the LA Film Festival and the Griffith Park Free Shakespeare Festival, reflect the city's rich artistic heritage and diverse population.

Are things conveniently located in Los Angeles, CA?

The city is equipped with a comprehensive range of services, including a vast public education system with numerous schools across all levels, from elementary to high school, and higher education institutions. Healthcare is supported by several major hospitals and clinics offering a spectrum of services. Los Angeles' public library system is extensive, and the city is home to a wide array of shopping and dining experiences that showcase its multicultural roots. Initiatives are in place to continually adapt and improve services to meet the needs of its growing and changing demographics.

What does the transportation in Los Angeles, CA look like?

Los Angeles provides a network of transportation options, including an extensive bus and metro rail system with varying schedules to accommodate commuters. While the city is known for its reliance on cars, efforts have been made to enhance walkability and bikeability in certain districts. The city's layout is connected by a comprehensive system of freeways and highways, and recent infrastructure projects aim to improve traffic flow and reduce congestion. Ride-sharing services are widely available, offering an alternative to traditional public transit.

Rocket Homes›California›San Bernardino County›Los Angeles›90008›Address Not Disclosed

This 5,396 square foot home, which was built in 1928, sits on a 0.13 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $1,300,000.

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 number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

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

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