1244 N New Hampshire Ave Los Angeles, CA 90029

$1,595,000 Sold Price as of 12/14/2018

8 Beds
8 Baths
5,801 Sq.Ft.

Off Market

$1,595,000 Sold Price as of 12/14/2018 Refinance Your Mortgage

Map preview of 1244 N New Hampshire Ave, Los Angeles, CA 90029

Property Overview: 1244 N New Hampshire Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 5,801 living square feet and 7,480 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1244 N New Hampshire Ave 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 1244 N New Hampshire Ave

Last sold for $1,595,000 on December 17th, 2018

December, 2018
Dec 18, 2018

Date

Sold

CRMLS: 18378770

$1,595,000

Price
Aug 28, 2018

Date

Pending

CRMLS: 18378770

$1,595,000

Price
Aug 23, 2018

Date

Active

CRMLS: 18378770

$1,595,000

Price
Listing provided courtesy of CRMLS

1244 N New Hampshire Avenue is an 8-unit value-add opportunity located in East Hollywood (90029). The property offers investors a unique and rare opportunity to add value through common area enhancements and unit interior upgrades as units turn over. Current rents are dramatically below market metrics for nearly all 8 units. The offering consists of Six (6) One Bedroom - One Bath, One (1) Two Bedroom - One Bath and One (1) Studio apartment home. The lot runs from street-to-alley and comprises a total of +/- 7,480 square feet. There are five (5) parking garages located at the rear of the property and accessed through the alley. Both Electrical and Gas utilities are separately metered. Centrally located in Hollywood, just south of Fountain Avenue and wet of Vermont Avenue, 1244 N. New Hampshire is poised to capitalize on the tremendous momentum in the Hollywood-Silver Lake submarket.

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December, 2018
Dec 14, 2018

Date

Sold (Public Records)

Public Records

$1,595,000

Price
December, 2018
Dec 14, 2018

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1244 N New Hampshire Ave

Assessed Value (2020): $1,628,140

Year	Land Value	Improved Value	Assessed Value
2020	$969,000	$659,140	$1,628,140

About 1244 N New Hampshire Ave

Detailed summary of property

1244 N New Hampshire Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on December 14, 2018 for $1,595,000. This property has 8 bedrooms, 8 bathrooms, roughly 5,801 living square feet, and sits on an approximately 7,480 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 42.41% higher than the current median priced home. 1244 N New Hampshire Ave was last sold on December 14, 2018 for $1,595,000. Local nearby listings include 5125 Harold Way #107, 725 N Heliotrope Dr and 1265 N Harvard Blvd. 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 1244 N New Hampshire Ave 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 1244 N New Hampshire Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1950
Sq. Ft.: 5,801
Lot Size: 7,480
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 21
APN: 5540-018-010

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

$1,058,000

Median List Price/Sq.Ft.

$705

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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(714) 706-1823

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