1171 Spence St Los Angeles, CA 90023

$467,000 Sold Price as of 06/05/2017

2 Beds
1 Baths
1,104 Sq.Ft.

Off Market

$467,000 Sold Price as of 06/05/2017 Refinance Your Mortgage

Map preview of 1171 Spence St, Los Angeles, CA 90023

Property Overview: 1171 Spence St Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,104 living square feet and 5,243 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1171 Spence 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 $768. 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 1171 Spence St

Last sold for $467,000 on June 5th, 2017

June, 2017
Jun 5, 2017

Date

Sold (Public Records)

Public Records

$467,000

Price
September, 2016
Sep 6, 2016

Date

Sold (Public Records)

Public Records

$314,500

Price

Tax History for 1171 Spence St

Assessed Value (2020): $495,582

Year	Land Value	Improved Value	Assessed Value
2020	$324,304	$171,278	$495,582

About 1171 Spence St

Detailed summary of property

1171 Spence St is a single family home in Los Angeles, CA 90023 and last sold on June 5, 2017 for $467,000. This house has 2 bedrooms, 1 bathrooms, roughly 1,104 living square feet, and sits on an approximately 5,243 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 58.3% lower than the current median priced home. 1171 Spence St was last sold on June 5, 2017 for $467,000. Local nearby listings include 3900 E 3rd St, 2837 Malabar St and 2536 Malabar St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1171 Spence St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1171 Spence St

Public county record property details

Beds: 2
Baths: 1
Year built: 1920
Sq. Ft.: 1,104
Lot Size: 5,243
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 175
APN: 5190-016-019

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$620,000

Median List Price/Sq.Ft.

$628

Median Sold Price

$692,500

Median Sold Price/Sq.Ft.

$604

Total Inventory

Median Sale to List Price %

106.55%

Avg Days on Market

Loan Type

Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

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