1204 North Ravenna Avenue

Wilmington, CA 90744

$725,000
Price
3
Beds
3
Baths
1,922 Sq. Ft.
$377 / Sq. Ft.
1,922
Sq. Ft.
$377
per Sq. Ft.

Description

Wonderful owner-user or investor opportunity with this charming triplex on a 7,105sf lot. Each unit is one bedroom and one bathroom. Front duplex with one shared wall and rear unit that is completely detached. A three car garage structure is located in the middle of the two residential structures and includes the common laundry area. One unit is currently vacant. Do NOT disturb the occupants.Wonderful owner-user or investor opportunity with this charming triplex on a 7,105sf lot. Each unit is one bedroom and one bathroom. Front duplex with one shared wall and rear unit that is completely detached. A three car garage structure is located in the middle of the two residential structures and includes the common laundry area. One unit is currently vacant. Do NOT disturb the occupants.
  1. Listed by Melissa Barlow • DRE #01498928 • Brokerage DRE #01834648 • Elite Representation Real Estate

Property Details for 1204 North Ravenna Avenue

Water Front
None
Zoning
LAR1
Style
Unknown
Cross Streets
Ravenna Avenue between W L Street and West M Stree
Parcel Number
7420012029
Total Units
3.0
Living Area
1922
Source Living Area
Vendor Enhanced
LISTING UPDATED: 01/11/2025 07:18 PM

Property Details for 1204 North Ravenna Avenue

StatusActive
MLS #25-480719
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.16 AC / 7,105 SF
CountyLos Angeles County

Building Information for 1204 North Ravenna Avenue

Stories-Residences-Year Built1924Building Size-Lot Size0.16 AC / 7,105 SF

Property Information for 1204 North Ravenna Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • View: No
  • View Description: None
  • View: None
  • Security Features: None
  • Water: District
  • Sewer: In Street Paid
  • Water Heaters: Yes
  • Water Heater Features: Gas
  • Water District: LADWP
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $60,400
  • Net Operating Income: $40,000.00
  • Gross Income: $60,400
  • Cap Rate: 5.50%
  • Gross Rent Multiplier: $12.00
  • Actual Annual Gross Rent: $60,398.40
  • Owner Pays: Water, Gardener
  • Total Annual Expense: 20400
  • Water Expense: $2,700.00
  • Tax Expense: $9,200
  • Expense Licenses: $500.00
  • Insurance Expense: $1,400
  • Management Expense: $3,600.00
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Lot Acreage: 0.1631
  • Lot Size Square Feet: 7105
  • Lot Features: Back Yard, Yard
  • Lot Description: Fenced Yard, Back Yard, Yard
  • Lot Location: None
Parking Details
Parking Details
  • Parking Garage: Detached
  • Total Parking: 3
  • Garage Spaces Total: 3
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Mixed
  • Equipment: None
  • Interior Features: None
  • Cooking Appliances: Gas
  • Laundry: Community
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Sprinklers: None
  • Entry Location: Ground Level w/steps
  • New Construction: No
  • Foundation Details: Raised
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-11-2025
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Gas, Cable TV, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,204.90
  • Unit Actual Rent: $1,204.90
  • Unit Projected Rent: $1,995.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,833.30
  • Unit Actual Rent: $1,833.30
  • Unit Projected Rent: $1,995.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,995.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $113,737.00
  • Assessed Improvement Percent: 24.24
  • Assessed Land Value: $355,434.00
  • Assessed Land Percent: 75.76
  • Assessed Total Value: $469,171.00

Property History for 1204 North Ravenna Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1204 North Ravenna Avenue

Taxable ValueLand$362,542Additions$116,011Total$478,553
Tax Record2024$6,194 ($516 / month)
Home Facts
Total Finished SqFt1,922 SqFtAbove Grade Finished SqFt1,922 SqFtLot Size7,105 SqFtStyleTriplexYear Built1924ZoningLAR1CountyLOS ANGELESAPN7420-012-029

Schools near 1204 North Ravenna Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Fries Avenue Elementary School
PublicK to 5

Luther Burbank Middle School
Public6 to 8

Phineas Banning Senior High School
Public9 to 12

Sven Lokrantz Special Education Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1204 North Ravenna Avenue is a multi-family home for sale in Wilmington, CA 90744. This property was listed for sale on January 11, 2025 by Elite Representation Real Estate, it's currently listed at $725,000. It has been on the market for a total of 4 days and was last sold on March 30, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Fries Avenue Elementary School, Luther Burbank Middle School and Phineas Banning Senior High School. 1204 North Ravenna Avenue is a 3-bed, 3-bath, 1,922 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Representation Real Estate, Melissa Barlow, DRE #01498928

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.