1318 Velasco St Los Angeles, CA 90023

$587,500 Sold Price as of 11/18/2016

-- Beds
-- Baths
3,710 Sq.Ft.

Off Market

$587,500 Sold Price as of 11/18/2016 Refinance Your Mortgage

Map preview of 1318 Velasco St, Los Angeles, CA 90023

Property Overview: 1318 Velasco St Los Angeles, CA has -- bedrooms, -- bathrooms, 3,710 living square feet and 3,686 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1318 Velasco 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.

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Sale History for 1318 Velasco St

Last sold for $587,500 on November 18th, 2016

November, 2016
Nov 18, 2016

Date

Sold (Public Records)

Public Records

$587,500

Price
November, 1999
Nov 3, 1999

Date

Sold (Public Records)

Public Records

$145,000

Price

Tax History for 1318 Velasco St

Assessed Value (2020): $623,459

Year	Land Value	Improved Value	Assessed Value
2020	$318,362	$305,097	$623,459

About 1318 Velasco St

Detailed summary of property

1318 Velasco St is categorized with a use code of Manufacturing (Light) in Los Angeles, CA 90023 and last sold on November 18, 2016 for $587,500. This property has -- bedrooms, -- bathrooms, roughly 3,710 living square feet, and sits on an approximately 3,686 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 47.54% lower than the current median priced home. 1318 Velasco St was last sold on November 18, 2016 for $587,500. Local nearby listings include 3900 E 3rd St, 2837 Malabar St and 2536 Malabar St. 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 1318 Velasco St Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1318 Velasco St

Public county record property details

Beds: --
Baths: --
Year built: 1931
Sq. Ft.: 3,710
Lot Size: 3,686
Stories: 1

Type: Manufacturing (Light)
Pool: No
Spa: No
County: Los Angeles
Lot#: 54
APN: 5190-035-027

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$620,000

Median List Price/Sq.Ft.

$628

Median Sold Price

$692,500

Median Sold Price/Sq.Ft.

$604

Total Inventory

Median Sale to List Price %

106.55%

Avg Days on Market

Loan Type

Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

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(714) 706-1823

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