$1,080,000
SOLD AUG 20, 2024

1940 S La Salle Ave Los Angeles, CA 90018

Harvard Heights Neighborhood
6 Beds
5 Baths
3,681 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$293 Per Sq Ft

14% Below List Price

105 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Gated Home
  • Craftsman Architecture
  • Converted Garage
  • 2-minute walk to West Adams Height Park

About This Home

As of August 2024

Savvy investors here is a great investment opportunity in the mid city area of Los Angeles just minutes from Downtown, Culver City, USC, LA live, the LA Coliseum and the Sports Arena. Surrounded by freeways, shops, schools, parks and much more. Korea Town adjacent. Sitting on a quiet tree lined cul de sac. Live in one and rent the others or make your investment grow. One of the units is vacant. Newly painted and new roof on front building. There is the possibility to build an ADU-buyers to verify with city of LA.

Last Agent to Sell the Property

Allan Maldonado

Allan Maldonado Aguiluz License #01931824 Listed on: 05/05/2024

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,338

Year Built

  • Built in 1939

Lot Details

  • 7,501 Sq Ft Lot
  • West Facing Home
  • Gated Home
  • Front Yard Sprinklers
  • Property is zoned LAR2

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • Converted Garage
  • Driveway

Home Design

  • Craftsman Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 3,681 Sq Ft Home
  • 2-Story Property
  • City Views
  • Fire and Smoke Detector

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, trash collection
  • The owner pays for water
  • Assessor Parcel Number 5074-028-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,338

Year Built

Built in 1939

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Savvy investors here is a great investment opportunity in the mid city area of Los Angeles just minutes from Downtown, Culver City, USC, LA live, the LA Coliseum and the Sports Arena. Surrounded by freeways, shops, schools, parks and much more. Korea Town adjacent. Sitting on a quiet tree lined cul de sac. Live in one and rent the others or make your investment grow. There are 4 units on the property. One of the units is vacant. There is the possibility to build an ADU-buyers to verify with the city of LA.
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 3681
  • Lot Acreage: 0.1722
  • Stories: 2
  • Year Built: 1939
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Carpet: 1
  • Flooring: Laminate, Wood
  • Bedrooms: 6
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 339.58

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised, Pillar/Post/Pier, Slab
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 4
  • Covered Parking: 3
  • Parking Garage: Covered Parking, Driveway, Converted Garage, Garage - 3 Car, Garage Is Attached
  • Total Parking: 7

Utilities

  • Water Heater: Gas
  • Cooling: Window Unit(s)
  • Heating: Wall Gas
  • Security: Gated, Smoke Detector
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Front
  • Assessed Improvement Percent: 33.74
  • Assessed Improvement Value: 103192
  • Assessed Land Percent: 66.26
  • Assessed Land Value: 202655
  • Total Assessed Value: 305847
  • Assessor Parcel Number: 5074-028-002
  • Lot Description: Fenced, Front Yard
  • Lot Size Area: 7501

Rental Info

  • Total Actual Rent: 84000.00
  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.88
  • Number Of Units: 4
  • Total Annual Expense: 20400
  • Type Of Units: Four plex
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2024
Closed on
Aug 1, 2024
Sold by
2020 M And F Roman Family Trust and Roman Fanny Eulalia
Bought by
Atlantic Pacific Redevelopment Llc
Seller's Agent
Allan Maldonado
Allan Maldonado Aguiluz
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,250,000
Sold Price
$1,080,000
Premium/Discount to List
-$170,000
-13.6%
Views
68

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$380,000
Outstanding Balance
$377,346
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$731,321

Purchase Details

Closed on
Mar 19, 2021
Sold by
Roman Fanny Eulalia and Roman Fanny
Bought by
Roman Fanny Eulalia
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,080,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 Construction
Open $380,000 New Conventional
Open $1,320,931 Construction
Previous Owner $181,280 Commercial
Previous Owner $181,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Price Changed $1,899,000 -7.3% $516 / Sq Ft
05/02/2025 05/02/25 For Sale $2,049,000 +89.7% $557 / Sq Ft
08/20/2024 08/20/24 Sold $1,080,000 -13.6% $293 / Sq Ft
08/18/2024 08/18/24 Pending -- -- --
05/05/2024 05/05/24 For Sale $1,250,000 -- $340 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,338 $311,963 $206,708 $105,255
2023 $4,268 $305,847 $202,655 $103,192
2022 $4,091 $299,851 $198,682 $101,169
2021 $4,020 $293,973 $194,787 $99,186
2020 $4,053 $290,959 $192,790 $98,169
2019 $3,911 $285,255 $189,010 $96,245
2018 $3,754 $279,662 $185,304 $94,358
2016 $3,558 $268,804 $178,109 $90,695
2015 $3,511 $264,767 $175,434 $89,333
2014 $3,551 $259,582 $171,998 $87,584
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Joiner

    Seller's Agent in 2025

    Jeffrey Joiner

    Jeff Joiner

    (714) 856-2976

    16 Total Sales

    Jeffrey Joiner
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Christopher Lewis

    Berkshire Hathaway HomeServices Associated Real Estate

    Section Image
  • Allan Maldonado

    Seller's Agent in 2024

    Allan Maldonado

    Allan Maldonado Aguiluz

    (323) 819-2629

    1 in this area

    9 Total Sales

    Allan Maldonado
    Section Image

  • S

    Buyer's Agent in 2024

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 24-388259

The MLS

APN: 5074-028-002

California Los Angeles County Los Angeles 90018 Harvard Heights

1940 S La Salle Ave, Los Angeles, CA

This home is located at 1940 S La Salle Ave, Los Angeles, CA 90018 and is currently priced at $1,080,000, approximately $293 per square foot. This property was built in 1939. 1940 S La Salle Ave is a home located in Los Angeles County with nearby schools including Twenty-Fourth Street Elementary School, Carson-Gore Academy Of Enviornmental Studies, and Pio Pico Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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