1240 Neola St Los Angeles, CA 90041

$1,188,000 Sold Price as of 12/11/2018

3 Beds
3 Baths
1,300 Sq.Ft.

Off Market

$1,188,000 Sold Price as of 12/11/2018 Refinance Your Mortgage

Map preview of 1240 Neola St, Los Angeles, CA 90041

Property Overview: 1240 Neola St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,300 living square feet and 6,932 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1240 Neola 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 $771. 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 1240 Neola St

Last leased for $2,400 on January 11th, 2019

January, 2019
Jan 16, 2019

Date

Leased

CRMLS: P0-819000041

$2,400

Price
Jan 4, 2019

Date

Active

CRMLS: P0-819000041

$2,500

Price
Listing provided courtesy of CRMLS

There are two houses on the same lot. 1244 is the back house. Newly remodeled and in mint condition. 1 bedroom 1 bath, engineered hardwood flooring. Chef's kitchen, uppgraded appliances and quartz countertops. There is outside area. Property is fenced. Newly build garage facing the alley way. The garage will be shared with the front house tenant. There is a separate laundry room that is also shared by both houses.

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January, 2019
Jan 4, 2019

Date

Leased

CRMLS: P0-818005876

$3,500

Price
Dec 17, 2018

Date

Active

CRMLS: P0-818005876

$3,500

Price
Listing provided courtesy of CRMLS

There are two houses on the same lot. 1240 is the front house. Newly remodeled and in mint condition. The front house is 2 bedrooms 2 baths. Engineered hardwood flooring. Chef's kitchen, upgraded appliances and quartz countertops. The bath is designed with upscale fixtures and marble vanities. There is an outside area available. Property is fenced with a newly build garage facing the alley way. The garage will be shared with the back house tenant. There is a separate laundry room that is also shared by both houses.

Continue Reading
December, 2018
Dec 29, 2018

Date

Leased

CRMLS: P0-818005878

$3,500

Price
Dec 17, 2018

Date

Active

CRMLS: P0-818005878

$2,500

Price
Listing provided courtesy of CRMLS

There are two houses on the same lot. 1244 is the back house. Newly remodeled and in mint condition. The back house is 1 bedroom 1 bath. Engineered hardwood flooring. Chef's kitchen, upgraded appliances and quartz countertops. There is an outside area available. Property is fenced. Newly built garage facing the alley way. The garage will be shared with the front house tenant. There is a separate laundry room that is also shared by both houses.

Continue Reading
December, 2018
Dec 11, 2018

Date

Sold (Public Records)

Public Records

$1,188,000

Price
May, 2018
May 29, 2018

Date

Sold

CRMLS: 318001336

$740,000

Price
Apr 24, 2018

Date

Pending

CRMLS: 318001336

$699,000

Price
Apr 11, 2018

Date

Active

CRMLS: 318001336

$699,000

Price
Listing provided courtesy of CRMLS

Great opportunity to fix and invest in two houses on one lot! A rare find in Eagle Rock! The back house is vacant. Owner lives in front house and will be relocating. This enormous lot goes from street to alley with a two car garage facing the alley. The garage has not been used in years and is in need of repair. The front cottage had a new foundation installed this past year. It still has many original features which adds to its charm! The back cottage has been vacant for a number of years. The roofs on the back cottage and garage were replaced at some period of time. With some imagination and rehabbing, these cottages could be restored to their original charm and beauty! This is an amazing property that doesn't come along very often! Property is sold in as is condition. No credits or repairs will be done.

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May, 2018
May 23, 2018

Date

Sold (Public Records)

Public Records

$740,000

Price

Tax History for 1240 Neola St

Assessed Value (2020): $1,211,760

Year	Land Value	Improved Value	Assessed Value
2020	$846,600	$365,160	$1,211,760

About 1240 Neola St

Detailed summary of property

1240 Neola St is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90041 and last sold on December 11, 2018 for $1,188,000. This property has 3 bedrooms, 3 bathrooms, roughly 1,300 living square feet, and sits on an approximately 6,932 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 6.07% higher than the current median priced home. 1240 Neola St was last sold on December 11, 2018 for $1,188,000. Local nearby listings include 5335 Hillmont Ave, 6046 E Burwood Ave and 1452 N Avenue 57. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1240 Neola St Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1240 Neola St

Public county record property details

Beds: 3
Baths: 3
Year built: 1912
Sq. Ft.: 1,300
Lot Size: 6,932
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18
APN: 5690-019-005

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,199,000

Median List Price/Sq.Ft.

$737

Median Sold Price

$1,460,000

Median Sold Price/Sq.Ft.

$897

Total Inventory

Median Sale to List Price %

97.4%

Avg Days on Market

Loan Type

Conventional (17.65%), FHA (0%), VA (0%), Cash (23.53%), Other (17.65%)

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(714) 706-1823

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