10 months on rocket

1920 S Robertson Blvd, Los Angeles, CA, 90034

$14,000,000

37 Bedrooms
32 Baths
21,997 SqFt
$636/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingGated
Year Built1954
HeatingNatural Gas
CoolingWall/Window Unit(s)
ViewOther
MLS #23278819
Lot Size0.56 Acres
StatusActive

About 1920 S Robertson Blvd

The "Robertson Opportunity" located on 1916-1920 S Robertson Blvd presents an investor the opportunity to acquire 21,997 SF of improvements formerly licensed as an ARF. The property is fully vacant, situated on a 24,384 LAR3 lot in the WLA community of Pico-Robertson. The improvements were last used as a licensed, 100 bed, Adult Residential Facility. The improvements include a commercial kitchen area, commissary, employee lounge, administrative office, laundry, equipment and storage rooms. The property no longer holds the license to operate as an ARF, but a new owner may be able to acquire a new license. City records indicate that the two properties were originally configured as a total of 32 units. A new owner may potentially be able to return the property back to the 32-unit apartments. There are several storage and garage like areas not currently allocated to residential use, making for plenty of opportunity to add ADU's within the existing structures. Alternatively, one has the potential to build a new multifamily development on the large 24,384 SF lot. By using a variety of potential density bonus incentives, one may be able to build between 30 to 88 new units. In total, due to the tremendous opportunity to add value through renovation or new development, this asset represents a compelling opportunity for investors who are motivated to add value through renovation and/or development. Please view the OM attached for more information!

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1954
  • Stories: 2
  • Living Area: 21,997 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (310) 807-0880
  • Listing Agent: Scott Rosenberg

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 37

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other

Parking Information:

  • Parking: Gated

Lot Features

Lot Information:

  • Lot Size: 0.56 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Alexander Hamilton Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Mark Twain Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Shenandoah Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: East side of Robertson, South of Sawyer. Located near other great neighborhoods such as Culver City and Palms/Mar Vista.

Price Information

Listing Price Info

Price Summary:

  • List Price: $14,000,000
  • Price Per SqFt: $636/SqFt

Tax Information:

  • Annual Amount: $28,101
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1920 S Robertson Blvd vs Los Angeles

323 DAYS ON ROCKET

+289 Days

$14,000,000

+$13.0M More

$636/SqFt

+$8 More

KEY TAKEAWAY

This property is $13.0M more than the Median Sold Price and $8/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23278819

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (310) 807-0880
  • Listing Agent: Scott Rosenberg

IDX 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: 4/28/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 04, 1992Home Sold
$1,600,000

Tax History

YEARPROP. TAXASSESSMENT
2021$28,101$2,224,616
2020$27,292$2,201,806
2019$26,939$2,158,634
2018$26,382$2,116,309
2017$26,382$2,074,814

History based on county public records data.

Payment Calculator

$69.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$42K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1814744
5
/10
  • Shenandoah Street Elementary School

  • 2450 S Shenandoah St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-1814745
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.66 miles

  • Public Magnet Grades KG-6

school-card-donut-1814746
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 17.73 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1814747
6
/10
  • Mark Twain Middle School

  • 2224 Walgrove Ave

  • 4.49 miles

  • Public Magnet Grades 6-8

school-card-donut-1814748
4
/10
  • Studio

  • 2211 W Avenue 30

  • 9.56 miles

  • Public District Grades 6-8

High School

school-card-donut-1814749
5
/10
  • Alexander Hamilton Senior High School

  • 2955 S Robertson Blvd

  • 0.73 miles

  • Public Magnet Grades 9-12

school-card-donut-1814750
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 10.01 miles

  • Public Magnet Grades 9-12

school-card-donut-1814751
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.14 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,167. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1920 S Robertson Blvd

What is the listing price of this property?

The listing price of 1920 S Robertson Blvd property is $14,000,000.

What type of property is this?

The property 1920 S Robertson Blvd is a house located in Los Angeles, California, 90034.

Is this property for sale now?

Active Listing: 1920 S Robertson Blvd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1920 S Robertson Blvd are:
Shenandoah Street Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Mark Twain Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Alexander Hamilton Senior High School: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $28,101 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 4, 1992 for $1,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1920 S Robertson Blvd has 37 bedrooms and 32 bathrooms.

What is the square footage of this property?

The property 1920 S Robertson Blvd is 21,997 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1920 S Robertson Blvd is 1954.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900341920 S Robertson Blvd

This home is located at 1920 S Robertson Blvd in Los Angeles, CA and zip code 90034 in the Mid-City neighborhood. This 21,997 square foot home, which was built in 1954, sits on a 0.56 acre lot. Features: 37 bedrooms, 32 bathrooms. It has been listed on Rocket Homes since June 09, 2023 and is currently priced at $14,000,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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