1362 S Longwood Ave Los Angeles, CA 90019

$2,600,000 Sold Price as of 10/11/2019

12 Beds
8 Baths
5,526 Sq.Ft.

Off Market

$2,600,000 Sold Price as of 10/11/2019 Refinance Your Mortgage

Map preview of 1362 S Longwood Ave, Los Angeles, CA 90019

Property Overview: 1362 S Longwood Ave Los Angeles, CA has 12 bedrooms, 8 bathrooms, 5,526 living square feet and 5,621 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1362 S Longwood 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 1362 S Longwood Ave

Last sold for $2,600,000 on October 11th, 2019

March, 2022
Mar 18, 2022

Date

Expired

CRMLS: 22122123

$3,185,000

Price
Jan 26, 2022

Date

Active

CRMLS: 22122123

$3,185,000

Price
Listing provided courtesy of CRMLS

We are pleased to present 1362 Longwood & 4821 San Vicente Blvd ( Two Contiguous Properties). Built in 1953, this apartment community offers the astute investor and opportunity to re position the asset and realize tremendous upside. The building is situated on11,292-square feet of LAR3 zoned land and is ideally located in an area that continues to benefit from superior demographics and excellent amenities. The assets area near the trendy shopping and dining districts of 3rd Street, Fairfax Avenue, Melrose Avenue and Robertson Boulevard, and popular retail and entertainment complexes like the Beverly Center and the Farmers Market, Vineyard Recreation Center, Midtown Crossing, and The Grove. The offering includes 10,026 rentable square feet in two buildings and feature a unit mix consisting of one- and two-bedroom units. A new investor may wish to capitalize on the opportunity to add value to the property and eventually capture the approximately 150% rent upside available within the buildings income. The property features a pitched roof and no soft story retrofit. (Buyer to Verify)

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October, 2019
Oct 11, 2019

Date

Sold (Public Records)

Public Records

$2,600,000

Price

Tax History for 1362 S Longwood Ave

Assessed Value (2020): $1,304,400

Year	Land Value	Improved Value	Assessed Value
2020	$500,000	$804,400	$1,304,400

About 1362 S Longwood Ave

Detailed summary of property

1362 S Longwood Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90019 and last sold on October 11, 2019 for $2,600,000. This property has 12 bedrooms, 8 bathrooms, roughly 5,526 living square feet, and sits on an approximately 5,621 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 132.14% higher than the current median priced home. 1362 S Longwood Ave was last sold on October 11, 2019 for $2,600,000. Local nearby listings include 4506 Dockweiler St #405, 4506 Dockweiler St #402 and 4506 Dockweiler St #504. 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 1362 S Longwood Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1362 S Longwood Ave

Public county record property details

Beds: 12
Baths: 8
Year built: 1953
Sq. Ft.: 5,526
Lot Size: 5,621
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 646,647
APN: 5083-021-015

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,399,999

Median List Price/Sq.Ft.

$702

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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(714) 706-1823

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