1247 S Mcbride Ave
East Los Angeles, CA 90022

Bd   Ba   3,286 Sqft   13 Days
LA COUNTY R3 ZONE! Development! Fixer! A site plan to build a 3 unit apartment totaling 3286 SF has been submitted to the county! Land value only! Certificate of compliance approved! Topographic survey completed! Preliminary plans include 3 Units consisting of 2 bed 2 bath each with 834 sf, 1236 sf, and 1206 sf! Potential pro-forma total gross rental income is between $6,000-7000 a month, or $72000-$84000 a year! Not to mention there is not much maintenance needed in the first 10 years! This one is a steal. Perfect for savvy developers, investors, and home owners! Live in one and rent out the other 2! No rent control!
  • MLS#TR17236009 provided by Andy Hsieh of Millennium Group Realty
  • Movoto last checked CRMLS for new data Just now
  • CRMLS last updated this listing 3 days ago

Home Features for 1247 S Mcbride Avenue, East Los Angeles

Year Built: 1926
Lot Size Square Feet: 5329
Lot Size Units: Square Feet
Price Per Square Foot: 145.74
Tax Lot: 114
Tax Tract Number: 531502
New Taxes Expense: 5750
Parcel Number: 5246008011
Special Listing Conditions: Standard
Standard Status: Active
Exterior
Levels: One
Common Walls: 2+ Common Walls
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Average Studio Area Units: Square Feet
Number Of Buildings: 1
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 3286
Parking Total: 6
Garage Spaces: 6
Number Of Units Total: 3
Property Attached Y/N: 1
Amenities / Utilities
Laundry Features: Inside
Community Features: Sidewalks
Pool Features: None
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Property History for 1247 S Mcbride Avenue, East Los Angeles

Status
Date
Price
Listed
Oct 5, 2017
$478,888
#TR17236009
Listed
Oct 5, 2017
$478,888
#TR17229456
Listed
Oct 5, 2017
$478,888
#TR17229434
Listed
Oct 5, 2017
$478,888
#TR17229434
Cancelled
Nov 6, 2016
Listed
Nov 5, 2016
Hold
Oct 21, 2016
Listed
Oct 20, 2016
$320,000
Pending
Oct 17, 2016
Hold
Oct 14, 2016
Listed
Oct 13, 2016
$160,000
#RS16724695
Cancelled
Oct 11, 2016
Listed
Oct 26, 2015
$180,000
#PW15233630

Real Estate Market Statistics for 1247 S Mcbride Avenue, East Los Angeles

No data!
East Los Angeles
East Los Angeles
90022
1247 S Mcbride Avenue
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$478K

1247 S Mcbride Avenue

$359K

East Los Angeles

0% y/y

East Los Angeles

$430K

90022

-4% y/y

90022

$436K

East Los Angeles

-2% y/y

East Los Angeles

See all trends for East Los Angeles
1247 S Mcbride Ave in ZIP code 90022 is a multi family home currently listed for $478,888. This is 11% above the median of $430,000 for 90022 and 10% above the median price of $436,975 for the city of East Los Angeles, CA. As of today, , there are 8 properties listed for sale in the 90022 area and 16 properties listed for sale in East Los Angeles. Of those 16 properties for sale, 15 are single family homes and 1 are condos. 1247 S Mcbride Ave is approximately 3,286 square feet, 174% above the East Los Angeles median of 1,199 and 173% above the 90022 ZIP code median of 1,204. The price per square foot is $146, which is 59% below the median price in 90022 of $359 and 61% below the East Los Angeles median of $373 per Sqft.
Built in 1926, this multi family house at 1247 S Mcbride Ave is approximately 3,286 square feet and comes with 6 parking spots. It is listed on 10/05/2017 $478,888 with a cost per Sqft of $146. 1247 S Mcbride Ave is located in the East Los Angeles neighborhood in the Los Angeles Unified School District. The closest school is Ford Boulevard Elementary School.

1247 S Mcbride Ave has been on the market for 13 days. The median days on the market for properties in this area is 69 with a median list price of $436,975 and median cost per square foot of $373. It's currently listed as active under the MLS #TR17236009.

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