12229 S Vermont Ave, Los Angeles, CA 90044
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12229 S Vermont Ave Los Angeles, CA 90044

$835,000 Sold Price as of 11/27/2019
  • 8 Beds
  • 6 Baths
  • 3,380 Sq.Ft.
Sold
$835,000 Sold Price as of 11/27/2019 Refinance Your Mortgage

Map preview of 12229 S Vermont Ave, Los Angeles, CA 90044

Property Overview: 12229 S Vermont Ave Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,380 living square feet and 13,507 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Presenting a unique opportunity at 12229 S. Vermont Avenue in the rapidly appreciating neighborhood of “Athens On The Hill”. The options are endless with this large move-in ready 3,380 sq ft home with 8 Bedrooms & 6 full Baths. The home sits on a huge 13,507sf lot. 3 of the 8 bedrooms are en-suites with private baths. It includes an office room & a separate sitting room. As a bonus, there's a detached 1,200sf permitted clubhouse bringing the total usable SF to approx. 4,580sf. This home is perfect for a variety of buyers. A multi-generational family will enjoy the expansive home, the large yard & the bonus clubhouse for fun family gatherings. With the R2 zoning, a second home can also be built on-site too. The clubhouse could very easily be converted to an ADU also. A buyer looking for a Co-Living situation will find this 8 Bedroom home very attractive to rent the extra bedrooms & live rent free. Also well suited for short-term rentals with its 3rd floor living quarters perfect for a live-in host. This home can easily produce $9,000/mth in income. The property also offers several redevelopment options. The large corner lot offers the ability to split the site into two 6,753sf lots & then build duplexes on each subdivided lot for a total of 4 new units. Or take advantage of the Small Compact Subdivision ordinance & build up to 8 detached homes. KB Homes just completed a fast-selling subdivision of new homes nearby, which sold out quickly for $650K-$750K/unit.

Listed by Matthew Dunfrund | BRE #01785161 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 9 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft
13,507
HOA Dues
$0/mo
Year built
1910
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
SB19220023
City
Los Angeles
County
Los Angeles
Time on Site
1223 days

Property Details for 12229 S Vermont Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 8
  • Downstairs Bathrooms: 6
  • Multi-Level Bedroom
Bathroom Information
  • # of Baths (Full): 6
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage
  • No Attached Garage
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 6089012011
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Located just west of the 110 at the corner of Vermont & 123rd St.
Neighborhood Information
  • Community Features: Urban
View more facts & features

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Sale History for 12229 S Vermont Ave

Last sold for $875,000 on December 5th, 2019
  • December, 2019

  • Dec 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $875,000

    Price

  • December, 2019

  • Dec 2, 2019

    Date

    Sold

    CRMLS: SB19220023

    $835,000

    Price

  • Oct 27, 2019

    Date

    Withdrawn

    CRMLS: SB19220023

    $995,000

    Price

  • Sep 24, 2019

    Date

    Price Change

    CRMLS: SB19220023

    $995,000

    Price

  • Sep 14, 2019

    Date

    Active

    CRMLS: SB19220023

    $1,099,000

    Price

  • November, 2019

  • Nov 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $835,000

    Price

Show More

Tax History for 12229 S Vermont Ave

Assessed Value (2020): $875,000
Year Land Value Improved Value Assessed Value
2020 $640,000 $235,000 $875,000

Home Value Compared to the Market

This property vs the competition

12229 S Vermont Ave sold on November 27, 2019 for 16.39% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $294.38 per/sqft which puts the price per square foot 61.01% lower than the current median sale per square foot for the city of Los Angeles.

About 12229 S Vermont Ave

Detailed summary of property

12229 S Vermont Ave is a single family home that recently sold in Los Angeles, CA 90044. This house offered 8 bedrooms, 6 bathrooms, roughly 3,380 living square feet, and sits on an approximately 13,507 square foot lot. 12229 S Vermont Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $835,000. Home 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 16.39% lower than the current median priced home. Local homes that are currently for sale include 11532 S St Andrews Pl, 215 E 127th St and 1111 W 104th St. While the average home in Los Angeles, CA is selling in 92 days, 12229 S Vermont Ave has a days on market of 44 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. For more information on this home for sale at 12229 S Vermont Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12229 S Vermont Ave

Public county record property details
Beds
7
Baths
6
Year built
1910
Sq. Ft.
3,380
Lot Size
13,507
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
15-17
APN
6089-012-011

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
78
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.