NOT LISTED FOR SALE

1726 S La Brea Ave Los Angeles, CA 90019

Mid-City Neighborhood
8 Beds
8 Baths
4,808 Sq Ft
6,521 Sq Ft Lot

Last Sold June 24, 2019

Last sale price $1,486,250 $309 Per Sq Ft

19 Days on Market

About This Home

As of June 2019

The La Brea Apartments is an eight-unit multifamily property located in the heart of Los Angeles' Mid-City neighborhood, one of the city's hottest and rapidly evolving new submarkets. The community and local owners are enjoying the benefits of rapid growth and urbanization that are happening at the local level. Since 2015, the neighborhood has witnessed the completion of numerous new ground-up development projects, and apartment owners have begun to comprehensively renovate and update their buildings. The relative affordability of the neighborhood is also driving a strong single-family residence market, with many millennials buying into the community. The La Brea Apartments was built in 1950 and features 4,808 square-feet of improvements on a 6,521 square-foot lot. The property features all one-bedroom and one-bath units with an average living area of 600 square feet each and individual water heaters. Six of the eight units will be vacant as of 7/31/19.

Last Agent to Sell the Property

Peter Strauss

Iconic Investments License #01335696 Listed on: 05/01/2019

Last Buyer's Agent

Peter Strauss

Iconic Investments License #01335696 Listed on: 05/01/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,521 Sq Ft Lot

Parking

  • 6 Parking Spaces

Interior Spaces

  • 4,808 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-004-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4808
  • Stories: 2
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 331.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 454953
  • Assessed Land Value: 147889
  • Assessor Parcel Number: 5067-004-022
  • Geocode Override: No
  • Lot Size Area: 6521

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 10.04
  • Number Of Units: 8
  • Rent Control: 100
  • Type Of Units: 8

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
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 Prior Sale
06/24/2019 06/24/19 Sold $1,486,250 -6.8% $309 / Sq Ft
05/31/2019 05/31/19 For Sale $1,595,000 0.0% $332 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $1,595,000 +45.0% $332 / Sq Ft
01/23/2019 01/23/19 Sold $1,100,000 -8.3% $229 / Sq Ft View Prior Sale
12/04/2018 12/04/18 Pending -- -- --
12/04/2018 12/04/18 For Sale $1,200,000 -- $250 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Peter Strauss

    Iconic Investments

    Section Image

  • S

    Seller's Agent in 2019

    Sharon Sanchez

    Sharon Sanchez

    (310) 989-5209

    3 Total Sales

    Sharon Sanchez
    Section Image
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Map

Source: The MLS

MLS Number: 19-461496

The MLS
California Los Angeles County Los Angeles 90019 Mid-City

1726 S La Brea Ave, Los Angeles, CA

Not Listed for Sale

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