12616 Venice Blvd Los Angeles, CA 90066

$1,700,000 Sold Price as of 08/19/2019

6 Beds
3 Baths
2,332 Sq.Ft.

Off Market

$1,700,000 Sold Price as of 08/19/2019 Refinance Your Mortgage

Map preview of 12616 Venice Blvd, Los Angeles, CA 90066

Property Overview: 12616 Venice Blvd Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,332 living square feet and 7,386 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

12616 Venice Blvd 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 $1,250,000. The median price per/sqft for Los Angeles is $780. 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 $250,000 for the down payment and will need roughly $25,000 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 $59,500. 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 12616 Venice Blvd

Last sold for $1,700,000 on August 19th, 2019

March, 2024
Mar 29, 2024

Date

Canceled

CRMLS: 23339281

$23,418,700

Price
Dec 14, 2023

Date

Active

CRMLS: 23339281

$23,418,700

Price
Listing provided courtesy of CRMLS
August, 2019
Aug 20, 2019

Date

Sold

CRMLS: 19484656

$1,700,000

Price
Jul 9, 2019

Date

Active Under Contract

CRMLS: 19484656

$1,700,000

Price
Jul 3, 2019

Date

Active

CRMLS: 19484656

$1,700,000

Price
Listing provided courtesy of CRMLS

Fabulous opportunity. An ideal owner user with one unit vacant and ready for your occupancy. Seldom a property such as this comes on the market. The property is well taken care of and ripe for a savvy investor to remodel and enjoy the tremendous upside (up to $3000/unit), or for a smart developer looking to build condos or apartments. Both should check with the City to make sure the project would be feasible their intended purpose. Please do not disturb tenants.

Continue Reading
August, 2019
Aug 19, 2019

Date

Sold (Public Records)

Public Records

$1,700,000

Price
July, 2019
Jul 22, 2019

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 12616 Venice Blvd

Assessed Value (2020): $1,700,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,250,000	$450,000	$1,700,000

About 12616 Venice Blvd

Detailed summary of property

12616 Venice Blvd is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90066 and last sold on August 19, 2019 for $1,700,000. This property has 6 bedrooms, 3 bathrooms, roughly 2,332 living square feet, and sits on an approximately 7,386 square foot lot. Homes 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 42.86% higher than the current median priced home. 12616 Venice Blvd was last sold on August 19, 2019 for $1,700,000. Local nearby listings include 3988 Beethoven St #9, 3617 Ocean View Ave and 4021 Beethoven St. The average home in Los Angeles, CA is selling in 93 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. If you are the homeowner and looking to sell the home at 12616 Venice Blvd Los Angeles, CA 90066 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 12616 Venice Blvd

Public county record property details

Beds: 6
Baths: 3
Year built: 1948
Sq. Ft.: 2,332
Lot Size: 7,386
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3
APN: 4235-002-003

The source for these homes facts are from public records.

90066 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,200,000

Median List Price/Sq.Ft.

$1,002

Median Sold Price

$1,626,261

Median Sold Price/Sq.Ft.

$1,022

Total Inventory

117

Median Sale to List Price %

100.08%

Avg Days on Market

Loan Type

Conventional (9.09%), FHA (0%), VA (0%), Cash (15.15%), Other (6.06%)

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(714) 706-1823

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