1049 N Mariposa Ave Los Angeles, CA 90029

$2,040,000 Sold Price as of 03/19/2019

12 Beds
12 Baths
6,832 Sq.Ft.

Off Market

$2,040,000 Sold Price as of 03/19/2019 Refinance Your Mortgage

Map preview of 1049 N Mariposa Ave, Los Angeles, CA 90029

Property Overview: 1049 N Mariposa Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 6,832 living square feet and 6,880 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1049 N Mariposa 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 $1,235,000. The median price per/sqft for Los Angeles is $774. 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 $247,000 for the down payment and will need roughly $24,700 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 $59,500. 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 1049 N Mariposa Ave

Last sold for $2,040,000 on March 19th, 2019

March, 2019
Mar 21, 2019

Date

Sold

CRMLS: 18379024

$2,040,000

Price
Jan 7, 2019

Date

Pending

CRMLS: 18379024

$2,350,000

Price
Aug 24, 2018

Date

Active

CRMLS: 18379024

$2,350,000

Price
Listing provided courtesy of CRMLS

This rare offering provides investors with an opportunity to acquire an asset that can potentially be delivered with five of the units vacant at close of escrow. The building features secured front entry and parking for ten cars. Parking is tuck-under and may need seismic retrofitting (buyer to independently investigate). The property is subject to Los Angeles rent control. Due to rent control many of the units are rented well below market rents and provide strong upside potential.

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March, 2019
Mar 19, 2019

Date

Sold (Public Records)

Public Records

$2,040,000

Price
July, 2005
Jul 1, 2005

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1049 N Mariposa Ave

Assessed Value (2020): $2,082,800

Year	Land Value	Improved Value	Assessed Value
2020	$1,530,000	$552,800	$2,082,800

About 1049 N Mariposa Ave

Detailed summary of property

1049 N Mariposa Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on March 19, 2019 for $2,040,000. This property has 12 bedrooms, 12 bathrooms, roughly 6,832 living square feet, and sits on an approximately 6,880 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 71.43% higher than the current median priced home. 1049 N Mariposa Ave was last sold on March 19, 2019 for $2,040,000. Local nearby listings include 1245 N New Hampshire Ave #4, 800 N Hobart and 5347 Fountain Ave. The average home in Los Angeles, CA is selling in 94 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 1049 N Mariposa 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 1049 N Mariposa Ave

Public county record property details

Beds: 12
Baths: 12
Year built: 1957
Sq. Ft.: 6,832
Lot Size: 6,880
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18,19
APN: 5538-001-024

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

$1,199,000

Median List Price/Sq.Ft.

$802

Median Sold Price

$1,049,000

Median Sold Price/Sq.Ft.

$1,042

Total Inventory

Median Sale to List Price %

95.36%

Avg Days on Market

Loan Type

Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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