1425 W 7Th St Los Angeles, CA 90017

$--

-- Beds
-- Baths
19,260 Sq.Ft.

Off Market

Map preview of 1425 W 7Th St, Los Angeles, CA 90017

Property Overview: 1425 W 7Th St Los Angeles, CA has -- bedrooms, -- bathrooms, 19,260 living square feet and 6,465 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1425 W 7Th 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 1425 W 7Th St

Last sold on December 21st, 2004

December, 2020
Dec 16, 2020

Date

Expired

CRMLS: 20609802

$5,775,000

Price
Dec 11, 2020

Date

Withdrawn

CRMLS: 20609802

$5,775,000

Price
Oct 1, 2020

Date

Price Change

CRMLS: 20609802

$5,775,000

Price
Sep 1, 2020

Date

Price Change

CRMLS: 20609802

$5,950,000

Price
Jul 28, 2020

Date

Active

CRMLS: 20609802

$6,250,000

Price
Listing provided courtesy of CRMLS

Totaling 19,260 SF, the subject property includes 24 apartment units, a retail space and turnkey office space located on the northeast corner of 7th & Valencia. This is a unique owner user or investment opportunity to purchase a building that has been meticulously maintained throughout the years with stable cash flow and additional upside in the retail and office rents.1425 W 7th Street consists of 24 apartment units, a 1,150 SF retail space, and an 2,300 SF turnkey office. The property also features a 700 SF space that can be converted to additional office space or possible short-term rental unit. The 1,800 SF office with access from 7th Street is fully built out and ideal for an owner user to utilize as a turnkey office space. The retail space located on the hard corner of Valencia & 7th is currently leased at below market rent on a month-to-month basis to a convenience store operator.

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December, 2004
Dec 21, 2004

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1425 W 7Th St

Assessed Value (2020): $1,274,547

Year	Land Value	Improved Value	Assessed Value
2020	$490,699	$783,848	$1,274,547

About 1425 W 7Th St

Detailed summary of property

1425 W 7Th St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90017 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 19,260 living square feet, and sits on an approximately 6,465 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. Local nearby listings include 1100 Wilshire Blvd #2910, 1100 Wilshire Blvd #2612 and 1100 Wilshire Blvd #2406. 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 1425 W 7Th St Los Angeles, CA 90017 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1425 W 7Th St

Public county record property details

Beds: --
Baths: --
Year built: 1910
Sq. Ft.: 19,260
Lot Size: 6,465
Stories: 3

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18
APN: 5143-013-028

The source for these homes facts are from public records.

90017 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$600,000

Median List Price/Sq.Ft.

$747

Median Sold Price

$675,000

Median Sold Price/Sq.Ft.

$538

Total Inventory

100

Median Sale to List Price %

96.43%

Avg Days on Market

Loan Type

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

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