1237 N Edgemont St Los Angeles, CA 90029

$7,450,000 Sold Price as of 06/28/2017

7 Beds
-- Baths
26,960 Sq.Ft.

Off Market

$7,450,000 Sold Price as of 06/28/2017 Refinance Your Mortgage

Map preview of 1237 N Edgemont St, Los Angeles, CA 90029

Property Overview: 1237 N Edgemont St Los Angeles, CA has 7 bedrooms, -- bathrooms, 26,960 living square feet and 9,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1237 N Edgemont 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 $1,249,000. The median price per/sqft for Los Angeles is $778. 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 $249,800 for the down payment and will need roughly $24,980 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 $56,500. 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 1237 N Edgemont St

Last sold for $7,450,000 on June 28th, 2017

July, 2017
Jul 20, 2017

Date

Sold

CRMLS: 17200110

$7,450,000

Price
Apr 7, 2017

Date

Active Under Contract

CRMLS: 17200110

$7,900,000

Price
Mar 2, 2017

Date

Price Change

CRMLS: 17200110

$7,900,000

Price
Feb 7, 2017

Date

Active

CRMLS: 17200110

$8,100,000

Price
Listing provided courtesy of CRMLS

PRICE REDUCED $200,000. Seller Motivated. Submit All Offers. Property Tours Available by Appointment only. Offers Due Date: Offers are due on Friday, March 24th, at noon.The Edgemont Apartments, a classic Hollywood apartment building, contains 49 apartments constructed in 1929. The property contains a unit mix of eight small studio units with one bathroom and a kitchenette, 34 studio apartments that contain a full kitchen and bathroom and seven units that are one-bedroom with one-bathroom. The property is a four-story structure constructed of reinforced brick and serviced by two staircases and one elevator. There is an attractive leasing office attached to the lobby. Approximately half of the units have been renovated and contain upgraded kitchens and bathrooms, exposed brick walls, and original wood flooring. All utilities are master metered.

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June, 2017
Jun 28, 2017

Date

Sold (Public Records)

Public Records

$7,450,000

Price
September, 2005
Sep 27, 2005

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1237 N Edgemont St

Assessed Value (2020): $7,916,049

Year	Land Value	Improved Value	Assessed Value
2020	$5,518,281	$2,397,768	$7,916,049

About 1237 N Edgemont St

Detailed summary of property

1237 N Edgemont St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on June 28, 2017 for $7,450,000. This property has 7 bedrooms, -- bathrooms, roughly 26,960 living square feet, and sits on an approximately 9,000 square foot lot. Homes in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 559.29% higher than the current median priced home. 1237 N Edgemont St was last sold on June 28, 2017 for $7,450,000. Local nearby listings include 1410-1 N Serrano Ave, 800 N Hobart and 4281 Fountain Ave. The average home in Los Angeles, CA is selling in 98 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. If you are the homeowner and looking to sell the home at 1237 N Edgemont St Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1237 N Edgemont St

Public county record property details

Beds: 7
Baths: --
Year built: 1929
Sq. Ft.: 26,960
Lot Size: 9,000
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 12
APN: 5540-010-010

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,022,990

Median List Price/Sq.Ft.

$738

Median Sold Price

$1,275,000

Median Sold Price/Sq.Ft.

$759

Total Inventory

Median Sale to List Price %

98.15%

Avg Days on Market

Loan Type

Conventional (14.29%), FHA (0%), VA (0%), Cash (14.29%), Other (14.29%)

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(714) 706-1823

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