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Sold for $515,000 · Nov 2015

SOLD

Listed at $520,000

Sold

1506 W 102ND Street, Los Angeles, CA 90047

Los Angeles, CA

MLS# 15917889

636 Sq Ft • Property
80 days on market

Listing Agent

Jerome McAlpin

Listing Agent

McAlpin & Company

DRE #: 00939725

Brokerage: McAlpin & Company

Property Details

N/A

Bedrooms

N/A

Bathrooms

636 sqft

Square Feet

1922

Year Built

8,646 sqft

Lot Size

$810

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

We are proud to present this four unit investment opportunity in South Los Angeles. It is located near Western Avenue just south of Century Boulevard. The complex consists of a one bedroom house, a duplex with two - one bedroom units and a two bedroom apartment above the garages. The units produce $3,775 per month and there is plenty of upside in the rents. It is located in the County Strip which is a non-rent control area. So there are no annual SCEP inspections. The units were built in 1922 of wood frame and stucco construction. The owner has applied and been approved for the soundproofing program and new windows and air conditioning units will be installed this month. The property is situated on a huge 8,646 square foot lot. Separate meters and individual hot water heaters keep expenses low and cash flow good at 7.7%. Make offers subject to inspection. PLEASE DO NOT DISTURB TENANTS.

Listing description from the November 2015 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
None

Sale history for 1506 W 102ND Street

2 recorded sales

$515,000
Sold November 2015 · listed $520,000, on market June 2015, 80 days on market · MLS #15917889 · Source: CRMLS
Listing Agent: Jerome McAlpin · Listing Office: McAlpin & Company · Contact: 310-437-4172 · Bought with: Luis Bocanegra · Century 21 Jervis & Associates
$378,500
Sold October 2012 · listed $379,000, on market June 2012, 5 days on market · MLS #S12069813 · Source: CRMLS
Listing Agent: Steve Maynard · Listing Office: Stephen Maynard · Contact: 310-335-6050 · Bought with: Diego Esquivel · Coldwell Banker Allstars

How this sale compares

1506 W 102ND Street sold for $515,000 in November 2015, 1.0% under its $520,000 list price, after 80 days on the market. Across 170 closed sales in 90047 over the last 12 months, the median sold price is $730,000 and the median is $516 per square foot.

$516
90047 median per sq ft (12 mo)
$730,000
90047 median sold price (12 mo)
170
Closed sales in 90047 (12 mo)
80
Days on market
−1.0%
Sold vs. list price
QuarterClosed sales in 90047Median sold price
Q1 202621$715,000
Q2 202672$741,000
Q3 202662$715,000
Q4 202615$749,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90047

Recent sales near 1506 W 102ND Street

Closed sales reported in 90047, nearest first, last 12 months. All recent sales in Los Angeles →

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