NOT LISTED FOR SALE

967 N Madison Ave Los Angeles, CA 90029

East Hollywood Neighborhood
24 Beds
19 Baths
17,788 Sq Ft
0.43 Acres

Last Sold May 23, 2017

Last sale price $4,100,000 $230 Per Sq Ft

123 Days on Market

About This Home

As of May 2017

***NEW PRICE ***We are proud to present a value add opportunity to acquire a nineteen (19) unit apartment complex in East Hollywood walking distance to Sunset Junction and Silver Lake. Situated on an 18,597 square foot corner lot, the property consists of 5 buildings with fourteen (14) 1+1 units, five (5) 2+1 units. The units themselves are very spacious with formal dining rooms. All units have individual water heaters and washer/dryer hookups and there are eighteen (18) off-street parking spaces.

Last Agent to Sell the Property

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 12/03/2016

Last Buyer's Agent

Benjamin Hsiang

Realty Investment Advisors, Inc. License #01438644 Listed on: 12/03/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 0.43 Acre Lot

Interior Spaces

  • 17,788 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 19 Bathrooms

Parking

  • 18 Parking Spaces
  • Assigned Parking

Community Details

  • 5 Buildings
  • 19 Units

Listing and Financial Details

  • Assessor Parcel Number 5539-004-033

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 17788
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 24
  • Total Bathrooms: 19.00
  • Price Per S Q F T: 258.60

Exterior Features

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

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 18

Lot Info

  • Assessed Improvement Value: 1154406
  • Assessed Land Value: 865803
  • Assessor Parcel Number: 5539-004-033
  • Geocode Override: No
  • Lot Size Area: 18597

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.81
  • Number Of Units: 19
  • Rent Control: 100
  • Type Of Units: Apartments

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
05/23/2017 05/23/17 Sold $4,100,000 -10.9% $230 / Sq Ft
03/20/2017 03/20/17 For Sale $4,600,000 +12.2% $259 / Sq Ft
03/16/2017 03/16/17 Off Market $4,100,000 -- --
02/16/2017 02/16/17 Price Changed $4,600,000 -4.2% $259 / Sq Ft
12/03/2016 12/03/16 For Sale $4,800,000 -- $270 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benjamin Hsiang

    Seller's Agent in 2017

    Benjamin Hsiang

    Realty Investment Advisors, Inc.

    (424) 377-6001

    74 Total Sales

    Benjamin Hsiang
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Map

Source: The MLS

MLS Number: 16-184466

The MLS
California Los Angeles County Los Angeles 90029 East Hollywood

967 N Madison Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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