1276 E 41st St Los Angeles, CA 90011

$899,000 Sold Price as of 12/14/2018

8 Beds
5 Baths
3,767 Sq.Ft.

Off Market

$899,000 Sold Price as of 12/14/2018 Refinance Your Mortgage

Map preview of 1276 E 41st St, Los Angeles, CA 90011

Property Overview: 1276 E 41st St Los Angeles, CA has 8 bedrooms, 5 bathrooms, 3,767 living square feet and 4,292 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1276 E 41st 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 1276 E 41st St

Last sold for $899,000 on December 14th, 2018

August, 2019
Aug 12, 2019

Date

Active

CRMLS: 19500034

$1,700

Price
Listing provided courtesy of CRMLS
December, 2018
Dec 19, 2018

Date

Sold

CRMLS: WS18206623

$899,000

Price
Oct 19, 2018

Date

Pending

CRMLS: WS18206623

$899,999

Price
Oct 11, 2018

Date

Active

CRMLS: WS18206623

$899,999

Price
Listing provided courtesy of CRMLS

7 unit mix-use property with upside potential. Less than 3 miles from Downtown Los Angeles, USC, The Coliseum, and the new Banc of California Stadium (LAFC). Units have been remodeled within the past 2 years with granite countertop, laminate flooring, kitchen cabinets, extensive plumbing work, termite clearance, and many other upgrades. The building consists of (one)1bed/1bath, (three)2beds/1bath, (one)3beds/1 1/2 bath, and 2 commercial spaces at the bottom. Currently the 2 commercial spaces have many possibilities for a creative owner to convert them as a coin laundry, barbershop, storage space, etc., which can be leased or be owner-operated. Lots of opportunity to increase cash flow from acquisition!

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December, 2018
Dec 14, 2018

Date

Sold (Public Records)

Public Records

$899,000

Price
March, 2018
Mar 8, 2018

Date

Expired

CRMLS: CV17254796

$925,000

Price
Jan 17, 2018

Date

Withdrawn

CRMLS: CV17254796

$925,000

Price
Nov 9, 2017

Date

Active

CRMLS: CV17254796

$925,000

Price
Listing provided courtesy of CRMLS

Michael Jacobs & Tim Steuernol from NAI Capital Multifamily Services Group, as exclusive listing agents, are pleased to present 1280 E 41st Street in Los Angeles. A well maintained mixed-use apartment building with a commercial space on ground floor. The apartment units are in great shape and the building has an excellent unit mix that consists of (one) one-bedroom one-bathroom unit, (three) two-bedroom one-bathroom units, and (one) three-bedroom one and a half bathroom unit. The commercial space is currently unfinished and vacant collecting no income. The unit has deferred maintenance but could easily be converted to usable space - add a laundry room, lease it to a local business, build storage, etc. This property is situated on a 4,292 SF lot with four parking spaces. A new investor can increase the income at the property and benefit from a well maintained building.

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June, 2015
Jun 3, 2015

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1276 E 41st St

Assessed Value (2020): $917,610

Year	Land Value	Improved Value	Assessed Value
2020	$346,800	$570,810	$917,610

About 1276 E 41st St

Detailed summary of property

1276 E 41st St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90011 and last sold on December 14, 2018 for $899,000. This property has 8 bedrooms, 5 bathrooms, roughly 3,767 living square feet, and sits on an approximately 4,292 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 19.73% lower than the current median priced home. 1276 E 41st St was last sold on December 14, 2018 for $899,000. Local nearby listings include 5053 Long Beach Ave, 532 E 35th St and 5400 Hooper Ave. 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 1276 E 41st St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1276 E 41st St

Public county record property details

Beds: 8
Baths: 5
Year built: 1956
Sq. Ft.: 3,767
Lot Size: 4,292
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 35
APN: 5115-029-003

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$625,000

Median List Price/Sq.Ft.

$531

Median Sold Price

$590,000

Median Sold Price/Sq.Ft.

$438

Total Inventory

Median Sale to List Price %

102.61%

Avg Days on Market

Loan Type

Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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