1026 Sanborn Ave Los Angeles, CA 90029

$15,224,000 Sold Price as of 11/30/2018

16 Beds
17 Baths
9,220 Sq.Ft.

Off Market

$15,224,000 Sold Price as of 11/30/2018 Refinance Your Mortgage

Map preview of 1026 Sanborn Ave, Los Angeles, CA 90029

Property Overview: 1026 Sanborn Ave Los Angeles, CA has 16 bedrooms, 17 bathrooms, 9,220 living square feet and 6,218 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1026 Sanborn Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1026 Sanborn Ave

Last sold for $15,224,000 on November 30th, 2018

November, 2018
Nov 30, 2018

Date

Sold

CRMLS: 18362086

$20,000,000

Price
Sep 14, 2018

Date

Pending

CRMLS: 18362086

$20,500,000

Price
Sep 1, 2018

Date

Active

CRMLS: 18362086

$20,500,000

Price
Sep 1, 2018

Date

Expired

CRMLS: 18362086

$20,500,000

Price
Jul 31, 2018

Date

Active

CRMLS: 18362086

$20,500,000

Price
Listing provided courtesy of CRMLS

We are proud to present 1026-1036 Sanborn Ave & 1037 Hyperion Ave, a 67-unit apartment community consisting of 4 contiguous, 1920s charming Spanish-style buildings in the hippest neighborhood in Los Angeles-Silver Lake. The unit mix consists of 59 Singles and 8 (1+1). Approximately 20% of the current residents are legacy tenants who were inherited by the current ownership. Most of the units have been renovated at different times throughout the current ownership's tenure, which spans over a decade. This portfolio presents a unique opportunity to own a well-managed, high-yielding, trophy asset with pristine grounds and true value-add aspects in one of the hottest sub-market in Los Angeles. 1026 Sanborn Ave (APN: 5427-007-025)--17-units 1030 Sanborn Ave (APN: 5427-007-024)--18-units 1036 Sanborn Ave (APN: 5427-007-023)--16-units1037 Hyperion Ave (APN: 5427-007-009)--16 units

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November, 2018
Nov 30, 2018

Date

Sold (Public Records)

Public Records

$15,224,000

Price
July, 2018
Jul 5, 2018

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1026 Sanborn Ave

Assessed Value (2020): $5,176,092

Year	Land Value	Improved Value	Assessed Value
2020	$2,588,046	$2,588,046	$5,176,092

About 1026 Sanborn Ave

Detailed summary of property

1026 Sanborn Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on November 30, 2018 for $15,224,000. This property has 16 bedrooms, 17 bathrooms, roughly 9,220 living square feet, and sits on an approximately 6,218 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 1259.29% higher than the current median priced home. 1026 Sanborn Ave was last sold on November 30, 2018 for $15,224,000. Local nearby listings include 4121 Clayton Ave, 4109 Clayton Ave and 3870 Udell Court. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1026 Sanborn Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1026 Sanborn Ave

Public county record property details

Beds: 16
Baths: 17
Year built: 1928
Sq. Ft.: 9,220
Lot Size: 6,218
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11
APN: 5427-007-025

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,058,000

Median List Price/Sq.Ft.

$705

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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(714) 706-1823

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