Appraisal average cost, Los Angeles( Hawthorne) Triplex ???

Question

What should an appraisal cost???  for a triplex consisting of a 2 story sfr,  and duplex in back with 2bedroom, 2 bath w garage      LAX /South Bay area ....thanks for any input

Rita Davis · Answer

thanks everyone for your feedback.

Jonathan Taylor · Answer

@Rita Davis in CA you're looking at 600-700. I'm closing a duplex in Long Beach and appraisal came back at $660. Since the housing demand has gone up in CA, appraisers are following suite with higher costs.

Bridget Brazelton · Answer

@Steve Morris my mistake... you're right, thanks! @Rita Davis The APPRAISAL on the quad last month was $1,000. But, that was 1 building, not two. And 4 total units, not 5.

Steve Morris · Answer

Think she asked about an appraisal.

Jeff White · Answer

@Rita Davis Multifamily is usually a bit more money, and this deal sounds commercial since you mentioned a triplex and a duplex (5 units total), depending the appraisers in the Cali market since they have to inspect five units instead of a one, so you are dealing with commercial appraisers, which will probably run you $1k-$1.5k.

Bridget Brazelton · Answer

I'm in the Denver market, so this may be irrelevant, but for reference I just paid $700 for an inspection on a 2-story 4plex.

Rudy Vazquez · Answer

@Rita Davis

It varies, can be anywhere between $300 - $500.

Hope this helps a bit.