928 S Record Ave, Los Angeles, CA 90023 - View 1
928 S Record Ave, Los Angeles, CA 90023 - View 2
928 S Record Ave, Los Angeles, CA 90023 - View 3
928 S Record Ave, Los Angeles, CA 90023 - View 4
928 S Record Ave, Los Angeles, CA 90023 - View 5
928 S Record Ave, Los Angeles, CA 90023 - View 6
928 S Record Ave, Los Angeles, CA 90023 - View 7
928 S Record Ave, Los Angeles, CA 90023 - View 8

928 S Record Ave, Los Angeles, CA 90023

Sale Price: $1,125,000
Oct 17, 20242,550 sqft7 beds3 baths
Listed by: Jason Tuvia
License #: 01772495
Phone #: 818-212-2735
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 24454143

Property Description

We are pleased to present a three (3) unit apartment building located in Los Angeles, California. The subject property is situated in a good East Los Angeles location, south of Whittier Boulevard and west of S Downey Road. Built in 1956, this property consists of an ideal unit mix of two (2) two-bedroom / one-bathroom units, and one (1) three-bedroom / one-bathroom house. All of the units have been recently renovated with hardwood flooring, new countertops, appliances, and in-unit washer and dryer machines. The two-bedroom units also feature a spacious den. The property is also gated and secure. The property is equipped with three (3) on-site parking spaces including two (2) garage spaces that can potentially be converted into multiple ADU units. Tenants will love being within a few miles of many trendy restaurants, nightlife, and entertainment options such as Lupe's Burritos, Regency Commerce, Pacific French Bakery, Nike Community Store, and Salazar Park. Positioned in a good East Los Angeles Location, this offering presents an exceptional opportunity for an investor to capitalize on a triplex with incredible initial cash flow and qualifies for 30-year fixed residential financing.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$13,974

TurboHome Estimated Value

$1,063,300

$417 sqft

High Valuation
$1,116,465
$438/sqft
Normal Valuation
$1,063,300
$417/sqft
Low Valuation
$1,010,135
$396/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$417/sqft$1,063,300

Neighborhood

Loading map...

Comparative Value

$730K

$768K

$1.13M

$1.20M

4537 E 2nd St, Los Angeles, CA 90022

Sale Price: $730,000

Selected Comparable

1146 S Townsend Ave, Los Angeles, CA 90023

Sale Price: $768,000

Selected Comparable

928 S Record Ave, Los Angeles, CA 90023

Sale Price: $1,125,000

Selected Comparable

928 S Record Ave, Los Angeles, CA 90023

List Price: $1,195,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
928 S Record Ave, Los Angeles, CA 90023

928 S Record Ave, Los Angeles, CA 90023

List: $1,195,000

Listed: 10/17/2024

Area:2,550 sqft
Price/sqft:$469
Beds:7
Baths:3
Year Built:
Lot Size:7,200

Comparable Properties

COMPARABLE
Choose comps
928 S Record Ave, Los Angeles, CA 90023

928 S Record Ave, Los Angeles, CA 90023

Sale: $1,125,000

4/16/20250.00 mi

Area:2,550 sqft
Price/sqft:$441
Beds:7
Baths:3
Year Built:
Weight:44.5%
4537 E 2nd St, Los Angeles, CA 90022

4537 E 2nd St, Los Angeles, CA 90022

Sale: $730,000

11/27/20241.13 mi

Area:2,436 sqft
Price/sqft:$300
Beds:6
Baths:3
Year Built:
Weight:30.0%
1146 S Townsend Ave, Los Angeles, CA 90023

1146 S Townsend Ave, Los Angeles, CA 90023

Sale: $768,000

4/30/20250.41 mi

Area:2,080 sqft
Price/sqft:$369
Beds:6
Baths:4
Year Built:
Weight:25.5%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-selling journey

Everything you'd expect your agent to do: pricing, listing, photos, staging, open houses, and negotiating
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times