118 E 116th St Los Angeles, CA 90061

$405,000 Sold Price as of 03/01/2019

4 Beds
2 Baths
1,632 Sq.Ft.

Off Market

$405,000 Sold Price as of 03/01/2019 Refinance Your Mortgage

Map preview of 118 E 116th St, Los Angeles, CA 90061

Property Overview: 118 E 116th St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,632 living square feet and 5,599 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

118 E 116th 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 118 E 116th St

Last sold for $405,000 on March 1st, 2019

March, 2019
Mar 1, 2019

Date

Sold

CRMLS: DW18251047

$405,000

Price
Jan 16, 2019

Date

Pending

CRMLS: DW18251047

$385,000

Price
Jan 5, 2019

Date

Hold

CRMLS: DW18251047

$385,000

Price
Jan 5, 2019

Date

Active

CRMLS: DW18251047

$385,000

Price
Dec 20, 2018

Date

Hold

CRMLS: DW18251047

$385,000

Price
Dec 17, 2018

Date

Active

CRMLS: DW18251047

$385,000

Price
Nov 13, 2018

Date

Active Under Contract

CRMLS: DW18251047

$385,000

Price
Nov 13, 2018

Date

Active

CRMLS: DW18251047

$385,000

Price
Nov 5, 2018

Date

Hold

CRMLS: DW18251047

$385,000

Price
Oct 24, 2018

Date

Active

CRMLS: DW18251047

$385,000

Price
Oct 20, 2018

Date

Hold

CRMLS: DW18251047

$385,000

Price
Oct 16, 2018

Date

Active

CRMLS: DW18251047

$385,000

Price
Listing provided courtesy of CRMLS

Great opportunity to own 2 Units in the heart of Los Angeles. Each unit is a 2 bedroom, 1 bath. Minutes to Downtown, Los Angeles, LAX, shopping centers, close to the 110 and 105 freeway.

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March, 2019
Mar 1, 2019

Date

Sold (Public Records)

Public Records

$405,000

Price
May, 2000
May 12, 2000

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 118 E 116th St

Assessed Value (2020): $413,100

Year	Land Value	Improved Value	Assessed Value
2020	$397,800	$15,300	$413,100

About 118 E 116th St

Detailed summary of property

118 E 116th St is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90061 and last sold on March 1, 2019 for $405,000. This property has 4 bedrooms, 2 bathrooms, roughly 1,632 living square feet, and sits on an approximately 5,599 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 63.84% lower than the current median priced home. 118 E 116th St was last sold on March 1, 2019 for $405,000. Local nearby listings include 528 W 107th St, 11911 S Hoover St and 849 E 119th 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 118 E 116th St Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 118 E 116th St

Public county record property details

Beds: 4
Baths: 2
Year built: 1943
Sq. Ft.: 1,632
Lot Size: 5,599
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 102
APN: 6083-010-008

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$582,500

Median List Price/Sq.Ft.

$500

Median Sold Price

$555,000

Median Sold Price/Sq.Ft.

$391

Total Inventory

Median Sale to List Price %

105.71%

Avg Days on Market

Loan Type

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

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(714) 706-1823

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