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Sold for $995,000 · Nov 2022

SOLD
Sold

848 W 68th Street, Los Angeles, CA 90044

Los Angeles, CA

MLS# 22178073

2,375 Sq Ft • Property5bd • 4ba
66 days on market

Listing Agent

Richard Schulman

Listing Agent

KW SELA

DRE #: 01427211

Brokerage: KW SELA

Property Details

5

Bedrooms

4

Bathrooms

2,375 sqft

Square Feet

1928

Year Built

7,150 sqft

Lot Size

$419

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

Fantastic opportunity to own four newly fully renovated units on one lot. A rare opportunity to live in one of the units while generating income at current market value from the other 3 units or generate income on all 4 units. Two units will be delivered vacant while two units will be delivered tenant occupied. This property also has a large covered patio area which can be used to create a great relaxing backyard oasis or a bbq area. All 4 units have been updated with quartz countertops, appliances and newer floors with contemporary tiles or refinished original hardwood floors. Three Vacant units include; 1.) The fully renovated beautifully designed front house which has 1 bedroom/1 bathroom with an office, a large formal dining room that is open into the living room which makes for a great entertaining space. 2. ) The 2 bedroom/1 bathroom in the back duplex house. This 2 bedroom has a spacious living room with a full kitchen and a walk-in closet off the primary bedroom. 3.) The Studio room is currently also vacant. The studio is attached to the front house and has a separate entrance from the side of the front home. It could be used as an additional bedroom, filming or recording studio, gym, recreation room, or a larger additional office which could be rented out separately or added into the front house rental. Tenant Occupied Unit only one; 4.) The 1 bedroom/1 bathroom is currently rented for $1500. This unit has a full kitchen, living room and nice size bedroom.

Listing description from the November 2022 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
None
Heating
FloorFurnace

Sale history for 848 W 68th Street

2 recorded sales

$995,000
Sold November 2022 · on market July 2022, 66 days on market · MLS #22178073 · Source: CRMLS
Listing Agent: Richard Schulman · Listing Office: KW SELA · Contact: 562-334-1500 · Bought with: LaSchell Gardner · Jerol Crawford Brokerage
$505,000
Sold October 2019 · listed $530,000, orig. $545,000, on market January 2019, 151 days on market · MLS #19425290 · Source: CRMLS
Listing Agent: Robert Rankin · Listing Office: Gloria N. Jackson · Contact: 323-931-5981 · Bought with: Junior Edey · Nationwide Real Estate Execs

How this sale compares

848 W 68th Street sold for $995,000 in November 2022, at its full list price, after 66 days on the market. That works out to $419 per square foot on 2,375 square feet. Across 151 closed sales in 90044 over the last 12 months, the median sold price is $690,000 and the median is $509 per square foot, 21% above this sale's $419.

$419
This sale, per sq ft
$509
90044 median per sq ft (12 mo)
$690,000
90044 median sold price (12 mo)
151
Closed sales in 90044 (12 mo)
66
Days on market
QuarterClosed sales in 90044Median sold price
Q1 20267$810,000
Q2 202664$699,000
Q3 202665$675,000
Q4 202615$680,000

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 90044

Recent sales near 848 W 68th Street

Closed sales reported in 90044, nearest first, last 12 months. All recent sales in Los Angeles →

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