1160 S Norton Ave #108 Los Angeles, CA 90019

$3,400,000 Sold Price as of 11/01/2019

20 Beds
16 Baths
12,314 Sq.Ft.

Off Market

$3,400,000 Sold Price as of 11/01/2019 Refinance Your Mortgage

Map preview of 1160 S Norton Ave #108, Los Angeles, CA 90019

Property Overview: 1160 S Norton Ave #108 Los Angeles, CA has 20 bedrooms, 16 bathrooms, 12,314 living square feet and 15,439 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1160 S Norton Ave #108 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 $1,209,000. 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 $241,800 for the down payment and will need roughly $24,180 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.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 1160 S Norton Ave #108

Last sold for $3,400,000 on November 1st, 2019

January, 2024
Jan 1, 2024

Date

Expired

CRMLS: 23291453

$3,990,000

Price
Jul 17, 2023

Date

Active

CRMLS: 23291453

$4,250,000

Price
Listing provided courtesy of CRMLS

The 16 units are spread out across 12,314 square feet with a great unit mix consisting of (12)1 Bed / 1 Bath, and (4) 2 Bed / 1 Bath units. The building sits on a large 15,439 square foot lot zoned LAR3 and was built in 1951. There is potential to build ADU's in the rear of the property in the carport structure. With rents well below market, the subject property provides a future investor excellent upside potential as the surrounding area has seen a lot of growth in the recent past. With the right management strategy an investor will capitalize on the approximately 49% upside potential the building has to offer. The building features secure gated entry and carport parking in the rear of the property totaling 9 spaces.

Continue Reading
November, 2019
Nov 1, 2019

Date

Sold (Public Records)

Public Records

$3,400,000

Price

Tax History for 1160 S Norton Ave #108

Assessed Value (2020): $3,400,000

Year	Land Value	Improved Value	Assessed Value
2020	$2,700,000	$700,000	$3,400,000

About 1160 S Norton Ave #108

Detailed summary of property

1160 S Norton Ave #108 is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90019 and last sold on November 1, 2019 for $3,400,000. This property has 20 bedrooms, 16 bathrooms, roughly 12,314 living square feet, and sits on an approximately 15,439 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 203.57% higher than the current median priced home. 1160 S Norton Ave #108 was last sold on November 1, 2019 for $3,400,000. Local nearby listings include 1027 S Lucerne Blvd, 1023 S Wilton Pl and 1023 S Wilton Pl. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 1160 S Norton Ave #108 Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1160 S Norton Ave #108

Public county record property details

Beds: 20
Baths: 16
Year built: 1951
Sq. Ft.: 12,314
Lot Size: 15,439
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 16,17
APN: 5081-009-001

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,459,000

Median List Price/Sq.Ft.

$707

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote