116 W 70th St, Los Angeles, CA 90003
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116 W 70th St Los Angeles, CA 90003

$635,000 Sold Price as of 05/11/2021
  • 3 Beds
  • 3 Baths
  • 1,591 Sq.Ft.
Sold
$635,000 Sold Price as of 05/11/2021 Refinance Your Mortgage

Map preview of 116 W 70th St, Los Angeles, CA 90003

Property Overview: 116 W 70th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,591 living square feet and 5,101 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2 units: address is: 116 and 114 W. 70th St., Los Angeles - You can live in front house and rent out the back house! Front house features: 2 bedrooms and 2 bathrooms, with a extra back office room without a closet, large formal dining room, large living room. nice flooring, large kitchen and plenty of cabinets, mirror bedroom doors in front bedroom, all bedrooms have carpet, front restroom has tile, rear restroom has a shower and serves as a indoor laundry area for stackable washer and dryer. The rear unit is newly permitted detached ADU, 1 bedroom, 1 restroom and kitchen with new cabinets, sink, facet and new water heater. The lot is very large 5,105 sqft and has plenty of parking in front and rear, the front features a large motorized gate so you can just pull your car right in, the whole neighborhood is rapidly changing and you'll notice a lot of newer construction up and down the block and specially on Main St. The back yard is very private with alley access so your tenant will not have to use the front entry, the backyard features a large oversized patio area for tables and chairs etc. This front house was originally built in 1924, recently freshly painted inside and out. windows have bars, the back ADU was recently built in 2020 and permitted in February of 2021.

Listed by Matilda Jimenez | BRE #01734479 | Excellence RE Real Estate
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 35

Home details

Lot Sq. Ft
5,101
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Duplex
Status
Sold
MLS#
DW20256922
City
Los Angeles
County
Los Angeles
Time on Site
1346 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 116 W 70th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup, Inside, Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl, Wood
Kitchen Information
  • Has Appliances
  • Microwave, Water Heater
Interior Features
  • Block Walls, Ceiling Fan(s), High Ceilings, Unfurnished
  • Levels: One
  • Window Features: Wood Frames
  • Security Features: Automatic Gate
  • Door Features: Mirror Closet Door(s)
Exterior Features
Exterior Information
  • Roof: Shingle
  • Awning(s), Lighting
  • Has Fence
  • Brick, Electric, Privacy
  • Other Structures: Two On A Lot
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Auto Driveway Gate
Lot Information
  • Lot Features: Back Yard, Level with Street
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 6012010036
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Concrete Perimeter
  • Property is not Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: north of Florence Ave. and Main St.
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 116 W 70th St

Last sold for $635,000 on May 11th, 2021
  • May, 2021

  • May 12, 2021

    Date

    Sold

    CRMLS: DW20256922

    $635,000

    Price

  • Apr 12, 2021

    Date

    Pending

    CRMLS: DW20256922

    $599,000

    Price

  • Dec 14, 2020

    Date

    Active

    CRMLS: DW20256922

    $599,000

    Price

  • October, 2020

  • Oct 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

  • September, 2010

  • Sep 3, 2010

    Date

    Sold (Public Records)

    Public Records

    $217,000

    Price

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Tax History for 116 W 70th St

Assessed Value (2020): $267,717
Year Land Value Improved Value Assessed Value
2020 $107,890 $159,827 $267,717

Home Value Compared to the Market

This property vs the competition

116 W 70th St sold on May 11, 2021 for 46.52% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $376.49 per/sqft which puts the price per square foot 48% lower than the current median sale per square foot for the city of Los Angeles.

About 116 W 70th St

Detailed summary of property

116 W 70th St is a duplex that recently sold in Los Angeles, CA 90003. This duplex offered 3 bedrooms, 3 bathrooms, roughly 1,591 living square feet, and sits on an approximately 5,101 square foot lot. 116 W 70th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $635,000. Home 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 46.52% lower than the current median priced home. Local homes that are currently for sale include 606 W 78th St, 5889 Towne Ave #5889 and 242 W 58th St. While the average home in Los Angeles, CA is selling in 106 days, 116 W 70th St has a days on market of 35 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. For more information on this home for sale at 116 W 70th St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 116 W 70th St

Public county record property details
Beds
3
Baths
3
Year built
1924
Sq. Ft.
1,591
Lot Size
5,101
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
42
APN
6012-010-036

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
49
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.