10720 Woodbine St Los Angeles, CA 90034

$--

10 Beds
5 Baths
3,952 Sq.Ft.

Off Market

Map preview of 10720 Woodbine St, Los Angeles, CA 90034

Property Overview: 10720 Woodbine St Los Angeles, CA has 10 bedrooms, 5 bathrooms, 3,952 living square feet and 5,057 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

10720 Woodbine St 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 10720 Woodbine St

View property's historical transactions

November, 2021
Nov 12, 2021

Date

Pending

CRMLS: SB21096857

$2,350,000

Price
Sep 24, 2021

Date

Price Change

CRMLS: SB21096857

$2,350,000

Price
Aug 24, 2021

Date

Price Change

CRMLS: SB21096857

$2,450,000

Price
Aug 5, 2021

Date

Active

CRMLS: SB21096857

$2,600,000

Price
Jul 2, 2021

Date

Withdrawn

CRMLS: SB21096857

$2,600,000

Price
Jun 28, 2021

Date

Active

CRMLS: SB21096857

$2,600,000

Price
Jun 16, 2021

Date

Hold

CRMLS: SB21096857

$2,600,000

Price
May 27, 2021

Date

Active

CRMLS: SB21096857

$2,600,000

Price
May 6, 2021

Date

Coming Soon

CRMLS: SB21096857

$2,600,000

Price
Listing provided courtesy of CRMLS

10720 Woodbine St is a beautiful 1982 Construction 4-Unit, located in the Palm submarket of Los Angeles. This property will be delivered completely tenant-ready! New buyers can take advantage of this NON-RENT CONTROLLED asset offering a great return once units are rented out for market. This "A" location property, with great curb appeal, would be a perfect investment for any owner/user looking to live in a unit, and use the other's rent to pay their mortgage! Great opportunity to add value by building 3 ADU's. New buyer is able to turn this property into a 7 unit by turning the top floor penthouse into a 2-Bed/1-Bath & 1- Bed/1-Bath, converting the garage into a 1-Bed/1-Bath & adding a 2-Bed/1-Bath above the potential carport. With new units, buyer has the opportunity to add value and increase scheduled gross income by $57,600/year. 10720 Woodbine St currently has a strong mix of (1) 4-Bd/3-Ba Penthouse, (2) 2- Bd/1-Ba, & (1) 1-Bd/1-Ba units. All of the units have been completely remodeled. These spacious units feature top-of-the-line appliances, new hardwood flooring, granite countertops, new paint, as well as Dishwashers and A/C. There is copper plumbing throughout the building. Built in the 80's, there is plenty of parking for each tenant to go along with the additional street parking. Only minutes away from Millions of $ in development, this renovated property is an ideal pickup for any exchange buyer or investor looking to own in one of Los Angeles's top rental markets.

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August, 2021
Aug 6, 2021

Date

Hold

CRMLS: WS21135899

$2,500

Price
Jun 23, 2021

Date

Active

CRMLS: WS21135899

$2,500

Price
Listing provided courtesy of CRMLS

Completely remodeled, 1 bedroom/1 bath; 1982 construction, oversized 4-Unit building, located in the heart of Palms. Be the first to live in these newly renovated units! Each unit is large and features top-of-the-line appliances, new hardwood flooring, countertops, new paint, as well as dishwashers. Onsite laundry and parking available. Currently have availability for (1) 4-Bd/3-Ba Penthouse, (2) 2- Bd/1- Ba, & (1) 1-Bd/1-Ba units. Pets okay. Owner pays water and trash; tenant pays all other utilities. Photos are of the various units available.

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December, 2020
Dec 14, 2020

Date

Withdrawn

CRMLS: SB20205811

$2,600,000

Price
Oct 1, 2020

Date

Active

CRMLS: SB20205811

$2,600,000

Price
Listing provided courtesy of CRMLS

Seller Financing Available! Beautifully remodeled (4) Bedroom + (3) Bedroom Penthouse on the top floor is perfect for any home or investment owner looking to move their family in and receive income from the other 3 units. New construction built in the 80's and completely remodeled this year. 10720 Woodbine St. is a beautiful 4-plex located right in the most desirable and fastest appreciating pocket of Los Angeles, HBO, Amazon, Apple, and Google have all opened their new offices within a short distance to this property. The building itself is a massive 4,000 Sq.Ft and sits on a 5,087 Sq.Ft lot. There are (2) garage parking spaces, as well as (8) additional parking spaces at the rear of the property. Once fully rented, the property will operate at a 4% Cap and offer either an owner user or investor immediate returns. Title shows 3 units, however the second floor had the 4 bedroom unit converted to 2 units with an ADU. With interest rates at one of the lowest points in history, do not miss your chance to get 30-year fixed financing on an "A" asses in the fastest growing pocket of Los Angeles.

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Tax History for 10720 Woodbine St

Assessed Value (2020): $529,313

Year	Land Value	Improved Value	Assessed Value
2020	$325,026	$204,287	$529,313

About 10720 Woodbine St

Detailed summary of property

10720 Woodbine St is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90034 and is currently off market. This property has 10 bedrooms, 5 bathrooms, roughly 3,952 living square feet, and sits on an approximately 5,057 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. Local nearby listings include 3023 Glendon Ave, 3673 Greenfield Ave and 3501 Tilden Ave #8. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 10720 Woodbine St Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10720 Woodbine St

Public county record property details

Beds: 10
Baths: 5
Year built: 1982
Sq. Ft.: 3,952
Lot Size: 5,057
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 81
APN: 4254-025-024

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,550,000

Median List Price/Sq.Ft.

$884

Median Sold Price

$1,480,000

Median Sold Price/Sq.Ft.

$919

Total Inventory

Median Sale to List Price %

105.79%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (12.5%)

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(714) 706-1823

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