11927 Gorham Ave Los Angeles, CA 90049

$10,000,000 Sold Price as of 09/22/2015

17 Beds
18 Baths
12,607 Sq.Ft.

Off Market

$10,000,000 Sold Price as of 09/22/2015 Refinance Your Mortgage

Map preview of 11927 Gorham Ave, Los Angeles, CA 90049

Property Overview: 11927 Gorham Ave Los Angeles, CA has 17 bedrooms, 18 bathrooms, 12,607 living square feet and 9,251 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

11927 Gorham Ave 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 $1,236,000. The median price per/sqft for Los Angeles is $773. 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 $247,200 for the down payment and will need roughly $24,720 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 $52,500. 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 11927 Gorham Ave

Last sold for $10,000,000 on September 22nd, 2015

April, 2024
Apr 10, 2024

Date

Expired

CRMLS: 23248629

$12,895,000

Price
Mar 7, 2023

Date

Active

CRMLS: 23248629

$14,500,000

Price
Listing provided courtesy of CRMLS

REDUCED PRICING! TWO SIDE BY SIDE PROPERTIES. 11927 & 11933 Gorham Avenue is a generational multifamily investment opportunity in the heart of LA's famed community of Brentwood. Consisting of 2 properties each with their own APN, the buildings boast an ideal unit mix consisting of large 1 bedroom and 2 bedroom units. There is also an extra large 3 bedroom unit with a den. All of these units are extremely spacious, have a terrific floor plan, and offer an abundance of natural light. Current ownership has invested significant capital into the properties and 13 our of the 20 units have been remodeled. The incredible unit mix includes (1) 3-bed, 3-bath with a den unit, (7) 2-bed, 2 bath units, (1) 2-bed, 1 bath unit, and (11) 1-bed, 1 bath units. These are trophy assets in an undeniably attractive location that will surely pay long-term dividends to a savvy investor. Additional property features include on-site parking as well as on-site laundry facilities. There is also the opportunity to add ADUs (Buyer to verify). A quick walk to the high-end dining on San Vicente Blvd., this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a prestigious turnkey asset in one of the best rental locations in all of Los Angeles.

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September, 2015
Sep 22, 2015

Date

Sold (Public Records)

Public Records

$10,000,000

Price
July, 2015
Jul 29, 2015

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 11927 Gorham Ave

Assessed Value (2020): $6,495,391

Year	Land Value	Improved Value	Assessed Value
2020	$4,546,214	$1,949,177	$6,495,391

About 11927 Gorham Ave

Detailed summary of property

11927 Gorham Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90049 and last sold on September 22, 2015 for $10,000,000. This property has 17 bedrooms, 18 bathrooms, roughly 12,607 living square feet, and sits on an approximately 9,251 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 852.38% higher than the current median priced home. 11927 Gorham Ave was last sold on September 22, 2015 for $10,000,000. Local nearby listings include 11824 Darlington Ave #102, 971 S Bundy Dr and 11910 Mayfield Ave #103. The average home in Los Angeles, CA is selling in 96 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 11927 Gorham Ave Los Angeles, CA 90049 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11927 Gorham Ave

Public county record property details

Beds: 17
Baths: 18
Year built: 1966
Sq. Ft.: 12,607
Lot Size: 9,251
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 4265-019-177

The source for these homes facts are from public records.

90049 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$3,500,000

Median List Price/Sq.Ft.

$1,043

Median Sold Price

$2,225,000

Median Sold Price/Sq.Ft.

$910

Total Inventory

191

Median Sale to List Price %

115.58%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (20%), Other (5%)

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