1242 Irolo St Los Angeles, CA 90006

$1,100,000 Sold Price as of 01/16/2020

14 Beds
6 Baths
5,439 Sq.Ft.

Off Market

$1,100,000 Sold Price as of 01/16/2020 Refinance Your Mortgage

Map preview of 1242 Irolo St, Los Angeles, CA 90006

Property Overview: 1242 Irolo St Los Angeles, CA has 14 bedrooms, 6 bathrooms, 5,439 living square feet and 5,907 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1242 Irolo 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 $768. 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.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Los Angeles Agent

Sale History for 1242 Irolo St

Last sold for $1,100,000 on January 16th, 2020

January, 2020
Jan 17, 2020

Date

Sold

CRMLS: 19526648

$1,100,000

Price
Jan 15, 2020

Date

Pending

CRMLS: 19526648

$1,250,000

Price
Dec 13, 2019

Date

Active Under Contract

CRMLS: 19526648

$1,250,000

Price
Dec 2, 2019

Date

Active

CRMLS: 19526648

$1,250,000

Price
Nov 13, 2019

Date

Active Under Contract

CRMLS: 19526648

$1,250,000

Price
Nov 5, 2019

Date

Active

CRMLS: 19526648

$1,250,000

Price
Listing provided courtesy of CRMLS

GREAT LOCATION!LOCATION! GREAT INCOME ($7,384). Excellent Investment opportunity for either an Investor or Developer. **R3 Zoning.Tier 2 land Toc density bonus **EASY TO MAINTAIN with low maintenance!! Each unit are very spacious. 5,439sf, Lot 5,907sf. Great /High demand area by Downtown, USC, Koreatown. ** Potential with tons of rental upside more than 30%(project income $9800)** Tastefully remodeled and maintained inside/outside building. Newly installed roof on two separate building in April,2017($25,000). Regular Housing Inspection was passed with minor problems in MAY,2018. The unit mix consists of 2 Three- bedroom/one-bathroom units, and 4 two-bedroom/one-bathroom units. Separate electric and gas meter!! DRIVE BY ONLY! STABLE INCOME WITH SOLID QUIET TENANTS** Seller/Agents make no warranties nor guarantees information contained in the MLS. Buyer to rely on buyers' due diligence.

Continue Reading
January, 2020
Jan 16, 2020

Date

Sold (Public Records)

Public Records

$1,100,000

Price
November, 2019
Nov 5, 2019

Date

Canceled

CRMLS: 19461792

$1,270,000

Price
Oct 9, 2019

Date

Active Under Contract

CRMLS: 19461792

$1,270,000

Price
Sep 22, 2019

Date

Withdrawn

CRMLS: 19461792

$1,270,000

Price
Jun 17, 2019

Date

Price Change

CRMLS: 19461792

$1,270,000

Price
May 6, 2019

Date

Active

CRMLS: 19461792

$1,350,000

Price
Listing provided courtesy of CRMLS

GREAT LOCATION!LOCATION! GREAT INCOME ($7,384). Excellent Investment opportunity for either an Investor or Developer. **R3 Zoning.Tier 2 land Toc density bonus **EASY TO MAINTAIN with low maintenance!! Each unit are very spacious. 5,439sf, Lot 5,907sf. Great /High demand area by Downtown, USC, Koreatown. ** Potential with tons of rental upside more than 30%(project income $9800)** Tastefully remodeled and maintained inside/outside building. Newly installed roof on two separate building in April,2017($25,000). Regular Housing Inspection was passed with minor problems in MAY,2018. The unit mix consists of 2 Three- bedroom/one-bathroom units, and 4 two-bedroom/one-bathroom units. Separate electric and gas meter!! DRIVE BY ONLY! STABLE INCOME WITH SOLID QUIET TENANTS** Seller/Agents make no warranties nor guarantees information contained in the MLS. Buyer to rely on buyers' due diligence.

Continue Reading
May, 2019
May 6, 2019

Date

Canceled

CRMLS: 19437108

$1,350,000

Price
Feb 26, 2019

Date

Active

CRMLS: 19437108

$1,350,000

Price
Listing provided courtesy of CRMLS

GREAT LOCATION!LOCATION! GREAT INCOME ($7171). Excellent Investment opportunity for either an Investor or Developer. **R3 Zoning.Tier 2 land Toc density bonus **EASY TO MAINTAIN with low maintenance!! Each unit are very spacious. 5,439sf, Lot 5,907sf. Great /High demand area by Downtown, USC, Koreatown. ** Potential with tons of rental upside more than 30%(project income $9600)** Tastefully remodeled and maintained inside/outside building. Newly installed roof on two separate building in April,2017($25,000). Regular Housing Inspection was passed with minor problems in MAY,2018. The unit mix consists of 2 Three- bedroom/one-bathroom units, and 4 two-bedroom/one-bathroom units. Separate electric and gas meter!! DRIVE BY ONLY! STABLE INCOME WITH SOLID QUIET TENANTS** Seller/Agents make no warranties nor guarantees information contained in the MLS. Buyer to rely on buyers' due diligence.

Continue Reading
May, 2016
May 4, 2016

Date

Sold (Public Records)

Public Records

$976,000

Price

Tax History for 1242 Irolo St

Assessed Value (2020): $1,056,452

Year	Land Value	Improved Value	Assessed Value
2020	$736,053	$320,399	$1,056,452

About 1242 Irolo St

Detailed summary of property

1242 Irolo St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90006 and last sold on January 16, 2020 for $1,100,000. This property has 14 bedrooms, 6 bathrooms, roughly 5,439 living square feet, and sits on an approximately 5,907 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 1.79% lower than the current median priced home. 1242 Irolo St was last sold on January 16, 2020 for $1,100,000. Local nearby listings include 2982 W 15th St, 1124 S Manhattan Pl and 1520 S New Hampshire Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1242 Irolo St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1242 Irolo St

Public county record property details

Beds: 14
Baths: 6
Year built: 1980
Sq. Ft.: 5,439
Lot Size: 5,907
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 16
APN: 5078-036-015

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$598

Median Sold Price

$760,000

Median Sold Price/Sq.Ft.

$597

Total Inventory

Median Sale to List Price %

87.46%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote