1220 S Corning St Los Angeles, CA 90035

$7,625,000 Sold Price as of 11/01/2016

16 Beds
16 Baths
8,647 Sq.Ft.

Off Market

$7,625,000 Sold Price as of 11/01/2016 Refinance Your Mortgage

Map preview of 1220 S Corning St, Los Angeles, CA 90035

Property Overview: 1220 S Corning St Los Angeles, CA has 16 bedrooms, 16 bathrooms, 8,647 living square feet and 6,576 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1220 S Corning 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 $1,250,000. The median price per/sqft for Los Angeles is $777. 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 $250,000 for the down payment and will need roughly $25,000 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 $59,500. 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 1220 S Corning St

Last sold for $7,625,000 on November 1st, 2016

November, 2016
Nov 1, 2016

Date

Sold (Public Records)

Public Records

$7,625,000

Price
January, 2014
Jan 14, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1220 S Corning St

Assessed Value (2020): $4,045,855

Year	Land Value	Improved Value	Assessed Value
2020	$2,122,416	$1,923,439	$4,045,855

About 1220 S Corning St

Detailed summary of property

1220 S Corning St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90035 and last sold on November 1, 2016 for $7,625,000. This property has 16 bedrooms, 16 bathrooms, roughly 8,647 living square feet, and sits on an approximately 6,576 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 540.76% higher than the current median priced home. 1220 S Corning St was last sold on November 1, 2016 for $7,625,000. Local nearby listings include 1123 S Shenandoah St #303, 1515 S Holt Ave #405 and 1139 Alvira St. The average home in Los Angeles, CA is selling in 92 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 1220 S Corning St Los Angeles, CA 90035 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1220 S Corning St

Public county record property details

Beds: 16
Baths: 16
Year built: 1990
Sq. Ft.: 8,647
Lot Size: 6,576
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5
APN: 4332-028-005

The source for these homes facts are from public records.

90035 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,225,000

Median List Price/Sq.Ft.

$784

Median Sold Price

$1,465,000

Median Sold Price/Sq.Ft.

$843

Total Inventory

Median Sale to List Price %

104.64%

Avg Days on Market

Loan Type

Conventional (15.38%), FHA (0%), VA (0%), Cash (23.08%), Other (7.69%)

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(714) 706-1823

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