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: 60
  • Year Built: 1957
  • HOA:
  • $/Sqft: $342
  • Lot: 6,083 Sqft
  • Property Type: Single Family
  • MLS#: SB16189184
  • MLS:
  • Listing Office: Keller Williams Beach Cities
  • Listing Broker: Matthew Dunfrund
  • Movoto last checked CRMLS for new data 54 minutes ago
  • CRMLS last updated this listing 2 weeks ago

Home Features for 7222 9th Ave , Los Angeles

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Public Record for 7222 9th Avenue, Los Angeles

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

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

Los Angeles, California

Total Inventory For Sale

3493 Homes

+2% m/m +232% y/y

Median List Price


0% m/m +73% y/y

Median Days On Market

48 Days

-2% m/m -9% y/y

Median House Size

1,850 Sqft

0% m/m +37% y/y

Median Price Per Square Foot

$472 /Sqft

0% m/m +30% y/y

Median Price

As of today, there are 65 properties listed for sale in ZIP code 90043 and 3,493 properties listed for sale in the city of Los Angeles, CA. This property at 7222 9th Ave in 90043 is currently listed for $429,000. This is 46% below the $799,000 median price for Los Angeles and 27% below the 90043 median of $585,000. Of the 3,493 properties for sale in Los Angeles, 2,843 are single family homes and 650 are condos. 7222 9th Ave is a single family home that is approximately 1,255 square feet, 32% below the Los Angeles median of 1,850 and 21% below the 90043 ZIP code median of 1,594. The price per square foot is $342, which is 1% below the median price in 90043 of $346 and 28% below the Los Angeles median of $472 per square foot.

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Built in 1957, this single family house at 7222 9th Ave is approximately 1,255 square feet and comes with 5 parking spots. It is listed on 08/26/2016 for $429,000 with a cost per Sqft of $342. 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 has been on the market for 60 days. The median days on the market for properties in this area is 48 with a median list price of $799,000 and median cost per square foot of $472. It's currently listed as active under the MLS #SB16189184.

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