NOT LISTED FOR SALE

1255 1/2 S Cloverdale Ave Los Angeles, CA 90019

Miracle Mile Neighborhood
7 Beds
5 Baths
4,888 Sq Ft
6,905 Sq Ft Lot

Last Sold June 06, 2016

Last sale price $1,500,000 $307 Per Sq Ft

9 Days on Market

Highlights

  • Wood Flooring
  • Built-In Features
  • Ceiling Fan
  • 4 Car Attached Garage
  • Forced Air Heating System

About This Home

As of June 2016

An amazing opportunity for an owner occupier or an investor. ALL 4 UNITS WILL BE DELIVERED VACANT. A very rare offering in an excellent location, a few minutes away from the "Grove", Miracle Mile and Beverly Hills. First time on the market in over 50 years. Units have hardwood Floors and dining rooms. The new owner will have the ability to charge today's market rents for all units

Last Agent to Sell the Property

Igal Bakshandeh

Rodeo Realty- Brentwood License #01313059 Listed on: 03/14/2016

Rodeo Realty- Brentwood

Last Buyer's Agent

Jonathan Montenegro

Compass License #01855811

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 6,905

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 4,888 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Additional Features

  • 6,905 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5070-010-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4888
  • Stories: 2
  • Year Built: 1938
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 7
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan
  • Price Per S Q F T: 294.39

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Heating: Forced Air
  • Water Expense: 1200.00

Fee Information

  • Insurance Expense: 2800.00
  • Maintenance Expense: 7200.00
  • Trash Expense: 75.00

Lot Info

  • Assessed Improvement Value: 75128
  • Assessed Land Value: 32615
  • Assessor Parcel Number: 5070-010-002
  • Geocode Override: No
  • Lot Size Area: 6905

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 11.80
  • Number Of Units: 4
  • Total Annual Expense: 29312
  • Type Of Units: Standard
  • Vacancy Rate: 3

Tax Info

  • Tax Expense: 17987.00

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2016 06/06/16 Sold $1,500,000 +4.2% $307 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $1,439,000 -- $294 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Igal Bakshandeh

    Seller's Agent in 2016

    Igal Bakshandeh

    Rodeo Realty- Brentwood

    (310) 702-5188

    1 in this area

    31 Total Sales

    Igal Bakshandeh
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Map

Source: The MLS

MLS Number: 16-105796

The MLS
California Los Angeles County Los Angeles 90019 Miracle Mile

1255 1/2 S Cloverdale Ave, Los Angeles, CA

This home is located at 1255 1/2 S Cloverdale Ave, Los Angeles, CA 90019 since 14 March 2016. This property was built in 1938. 1255 1/2 S Cloverdale Ave is a home located in Los Angeles County with nearby schools including Saturn Street Elementary School, Fairfax High School, and ReJOYce In Jesus Christian School.

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