#24468737, Benjamin Lalezari, Listing Office: Realty Investment Advisors, Inc.
#25487787·
Listing Office: Paloma Realty Partners, Inc.·
Listing Agent: Adam Kanizo·
Listing Office Phone: 310-392-2436
650 S La Jolla Ave Los Angeles, CA 90048
$4,850,000 List price
12 beds
12 baths
12,201 sqft
0.3 acres
$398 / sqft
House
Property details
About 650 S La Jolla Ave
650 S La Jolla Ave is a 12-unit multi-family apartment complex featuring 1,100 sq. ft. units, each equipped with a private balcony/patio, in-unit washer and dryers, central heating, and parking. The seller has completed two 1bd/1bth ADUs through a carport conversion and with the new AB1211 Law, an investor can add up to 6 more on the lot adding significant value. The building features a new exterior paint job, new 400amp main panel and switchgear, new electrical meters and upgraded sewer. The property has 4 carport spaces with one additional space for storage that can be leased. There are an additional 3-4 spaces on the surface lot. On the property there are 4 basement areas that house shutoff valves, central heating units and extra storage space. The property is conveniently situated near a variety of amenities, including popular restaurants and nightlife resulting in a high rental demand market making it a very appealing investment opportunity. Please do not disturb tenants, property occupied please call listing agent for details.
Highlights
Home typeOther
HeatingCentral
StatusActive
Size12,201 sqft
Lot size0.2871 Acres
Year built1928
ParkingCarport
MLS #25487787
Summary
- MLS Number: 25487787
- MLS Name: CRMLS
- Office Name: Paloma Realty Partners, Inc.
- Office Phone: (310) 392-2436
- Listing Agent: Adam Kanizo
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,850,000
650 S La Jolla Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 02, 2022 | Home Sold | $3,950,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $4,112,780 | $51,170 |
| 2023 | $4,032,200 | $50,195 |
| 2022 | $3,327,024 | $40,599 |
| 2021 | $3,945,118 | $40,070 |
| 2020 | $3,901,500 | $5,555 |
| 2019 | $329,854 | $5,269 |
| 2018 | $323,387 | $5,139 |
| 2017 | $317,047 | $5,139 |
History based on county public records data.
Nearby schools
5
Carthay School
Public Magnet KG-5
0.4 mi
•6351 W Olympic Blvd
8
Hancock Park Elementary
Public District KG-5
0.5 mi
•408 S Fairfax Ave
5
Rosewood Avenue Elementary
Public District KG-5
1.2 mi
•503 N Croft Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $90,323. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
12%
<35k
45%
35k-100k
28%
100k-200k
15%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
65%
Single, No Kids
3%
Single, with Kids
19%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
26%
18-34 yrs old
47%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Art Museums
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 650 S La Jolla Ave
This home is located at 650 S La Jolla Ave in Los Angeles, CA and zip code 90048 in the Central LA neighborhood. This 12,201 square foot home, which was built in 1928, sits on a 0.29 acre lot. Features: 12 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $4,850,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. Between December and January 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 20.1%. Listings spent 45 days on the market in January 2025, and had a median list price of $1,035,435 during the same period.
From Rocket Homes Real Estate and based on county public records data.