7222 9th Ave
Los Angeles, CA 90043

Bd   — Ba   1,255 Sqft
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!
  • Neighborhood: Park Mesa Heights
  • Days on Movoto: 118
  • Year Built: 1957
  • HOA:
  • $/Sqft: $331
  • Lot: 6,083 Sqft
  • Property Type: Multi Family
  • MLS#: SB16189184
  • MLS:
  • Listing Office: Keller Williams Beach Cities
  • Listed By: Matthew Dunfrund
  • Movoto last checked CRMLS for new data 9 minutes ago
  • CRMLS last updated this listing 4 months ago
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Property History

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

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

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YOU
ARE
HERE
7222 9th Ave
  • $415,000
  • Sold

    118 days

  • — Bd
  • — Ba
  • 1,255 Sqft
  • $331/Sqft
  • 6,083 Sqft Lot
  • Built 1957
As of today, there are 41 properties listed for sale in ZIP code 90043 and 0 properties listed for sale in the city of Los Angeles, CA. This property at 7222 9th Ave in 90043 was last listed for $415,000. This is 0% above the current $0 median price for Los Angeles and 36% below the median of $648,000 for 90043. Of the 0 properties for sale in Los Angeles, 0 are single family homes and 0 are condos. 7222 9th Ave is a multi family home that is approximately 1,255 Sqft, 0% above the Los Angeles median of 0 and 21% below the 90043 ZIP code median of 1,580. The price per Sqft was $331 which is 16% below the current median price in 90043 of $392 and 0% above the Los Angeles median of $0 per Sqft.
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. Its current status is sold under the MLS #SB16189184.

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