7222 9th Ave
Los Angeles, CA 90043

Bd   — Ba   1,255 Sqft    118 Days
BOM buyer didn't perform... Don't miss out on this fantastic value-add investment opportunity with two detached homes that will both be delivered vacant at COE!!! This duplex features a front 2 bedroom 1 bath detached house ($1,600/mth market), and then there's a rear detached 1 bedroom 1 bath house ($1,300/mth market). At the $429,000 asking price, the property is only $214,500/unit; a 12.33 current GRM; a 4.86% current CAP Rate; and $342/Sq. Ft. There's 1,255 total rentable sq. ft. between the two units, and it's a spacious 6,083 sq. ft. lot that has a lot of great outdoor space for entertaining the new huge Hollywood Park development, and the future LA Rams stadium so don't miss this great opportunity to invest and see great appreciation over the coming years. Walking distance to future Metro train line along Crenshaw too!
  • $0 HOA
  • $331/Sqft
  • MLS#SB16189184 provided by Matthew Dunfrund of Keller Williams Beach Cities
  • Movoto last checked CRMLS for new data 5 hours ago
  • CRMLS last updated this listing 7 months ago

Home Features for 7222 9th Avenue , Los Angeles

Year Built: 1957
Lot Size Acres: 0.14
Lot Size Square Feet: 6083
Lot Size Units: Square Feet
Lot Size Area: 6083
Price Per Square Foot: 330.68
Tax Lot: 21
Tax Tract Number: 3700
Parcel Number: 4012001021
Special Listing Conditions: Standard
Standard Status: Closed
Talk to Movoto
About Selling

Compare Similar Homes for 7222 9th Avenue, Los Angeles

Price estimate is $781,865 based on the following nearby homes for sale which average $623/Sqft
Movoto's Price/Sqft estimate is not a professional appraisal, it is a starting point to help you price this home. Contact a Movoto Real Estate agent today to get a comprehensive evaluation
You can refine the estimate by removing homes that are not similar
A 2.76 mi
7100 La Tijera #F201
  • $489,000
  • Price Reduced

    40 days

  • 1 Bd
  • 1 Ba
  • 710 Sqft
  • $689 /Sqft
  • 0.55 Acres Lot
  • Built 1991
B 3.93 mi
3342 W 27th St
  • $460,000
  • New

    3 days

  • 1 Bd
  • 1 Ba
  • 672 Sqft
  • $685 /Sqft
  • 5,888 Sqft Lot
  • Built 1922
C 6.14 mi
3810 Wilshire #306
  • $480,000
  • For Sale

    46 days

  • 1 Bd
  • 1 Ba
  • 830 Sqft
  • $578 /Sqft
  • 1.47 Acres Lot
  • Built 1962
D 6.18 mi
8640 Gulana Ave #J3009
  • $390,000
  • For Sale

    18 days

  • 1 Bd
  • 1 Ba
  • 722 Sqft
  • $540 /Sqft
  • 4.07 Acres Lot
  • Built 1971
YOU
ARE
HERE
7222 9th Ave
  • $415,000
  • Sold

    118 days

  • — Bd
  • — Ba
  • 1,255 Sqft
  • $331 /Sqft
  • 6,083 Sqft Lot
  • Built 1957

Property History for 7222 9th Avenue, Los Angeles

Status
Date
Price
Sold
Dec 22, 2016
$415,000
Active Under Contract
Oct 27, 2016
Listed
Oct 5, 2016
Pending
Sep 13, 2016
Listed
Aug 26, 2016
$429,000
#SB16189184

Public Record for 7222 9th Avenue, Los Angeles

3 Beds
2 Baths
1,255 Sqft Building Area
Duplex (2 units, any combination)
6,083 Sqft Lot Size
1957 Year Built
$293,000 Last Sale Price
09/30/2004 Last Sale Date

Real Estate Market Statistics for 7222 9th Avenue, Los Angeles

YOU ARE HERE

7222 9th Avenue

No data!
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$429K

7222 9th Avenue

$599K

Park Mesa Heights

4% y/y

Park Mesa Heights

$630K

90043

7% y/y

90043

$985K

Los Angeles

-1% y/y

Los Angeles

See all trends for Los Angeles
7222 9th Ave in 90043 was last listed for $415,000. As of today, , this is 58% below the current median price of $985,000 for the city of Los Angeles, CA and 34% below the median of $630,000 for ZIP code 90043. Right now, there are 37 properties for sale in 90043 and 2,028 properties listed for sale in Los Angeles. Those 2,028 properties are made up of 1,413 single family homes and 615 condos. The square footage of 7222 9th Ave is approximately 1,255, which is 26% below the median size of 1,700 Sqft in Los Angeles and 12% below the median size of 1,424 Sqft in ZIP code 90043. This property's price per square foot was $331, which is 24% below the current $435 median in 90043 and 45% below the $601 Los Angeles median.
Built in 1957, this multi family house at 7222 9th Ave, Los Angeles CA, 90043 is approximately 1,255 square feet and comes with 5 parking spots. It was last listed with a cost per Sqft of $331. 7222 9th Ave is located in the Park Mesa Heights neighborhood in the Los Angeles Unified School District. The closest school is Seventy-Fourth Street Elementary School.

7222 9th Ave, Los Angeles CA, 90043 was on the market for 118 days. The median days on the market for properties in this area is 40 with a median list price of $985,000 and median cost per square foot of $601. Its current status is sold under the MLS #SB16189184.

View active properties and off-market properties in this area. Or connect with a top-rated Movoto agent to learn about Los Angeles market trends and find homes like this one.

Meet with a real estate agent today Call 8775059582.

Movoto
Los Angeles Agent

I'm happy to give you a quick call to answer all your questions about this home and schedule a tour.