See Home Value
$1,318,992*
Multifamily - Off Market

1656 RICARDO Street

Los Angeles (City), CA 90033
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2002 Sqft
$806,000 - $984,000
Reference Base Price*
47.37%
Since Jul 1, 2019
CA-Los Angeles
Primary Model

About This Property

The subject property is a 4 unit bungalow, apartment complex built in 1921.  The unit mix is two 1 bedroom, 1 bathroom units with a den and two 2 bedroom, 2 bathroom units.  Each unit is its own structure and has its own entrance with no shared walls.  The improvements are built on a 7,500 square foot lot with total rentable square footage of 2,002. The area is undergoing a major economic renaissance during the past decade.  The new apartment and mixed use developments and existing apartment renovations in the area have provided an increase in the demand for high end rental units.  This property offers an affordable option to the high rents that the area now commands.  The property sits conveniently near Downtown LA and in close proximity to Lincoln Heights, El Sereno, Mt. Washington, Highland Park, major freeways, and much more.

The manager has listed the unit size as 2002 square feet.
Unit Size
2,002Ft²
Days on Market
-
Land Size
7,500.00 acres
Price per sqft
$447
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1921

Price History

Date / Event Date Event Price
Jun 6, 2019 No longer available -
No longer available
Feb 19, 2019 Listed $895,000
Listed

Property Highlights

Parking Available


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
4 Beds
3 Baths
1,872 ft²
$401/ft²
$749,900 Mar 6, 2024
-
-
Multifamily
4 Beds
2 Baths
1,464 ft²
$594/ft²
$870,000 Apr 11, 2024
-
-
House
3 Beds
2 Baths
1,549 ft²
$558/ft²
$865,000 Mar 15, 2024
-
-
Multifamily
2 Beds
1 Bath
1,464 ft²
$594/ft²
$870,000 Feb 13, 2024
-
-
House
3 Beds
2 Baths
1,160 ft²
$646/ft²
$749,000 Jan 9, 2024
-
-
Other
Loft
-
2,161 ft²
$393/ft²
$848,888 Aug 16, 2023
-
-
Other
Loft
-
2,545 ft²
$334/ft²
$849,000 Oct 26, 2023
-
-
House
2 Beds
1 Bath
1,115 ft²
$789/ft²
$879,900 Mar 18, 2022
-
-
Multifamily
11 Beds
5.5 Baths
5,216 ft²
$196/ft²
$1,019,999 Apr 10, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190219
02/19/2019
4 Bed
4 Bath
2002 ft²
$895,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2002 ft²
-
-
-
-

Building Info

1656 Ricardo Street 1656 Ricardo Street, Los Angeles, CA 90033
More about this Building
1656 Ricardo Street
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About East LA


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