1431 E Vernon Ave Los Angeles, CA 90011

$--

-- Beds
-- Baths
11,016 Sq.Ft.

Off Market

Map preview of 1431 E Vernon Ave, Los Angeles, CA 90011

Property Overview: 1431 E Vernon Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 11,016 living square feet and 12,427 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1431 E Vernon 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 $1,209,000. 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 $241,800 for the down payment and will need roughly $24,180 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 1431 E Vernon Ave

Last sold on January 7th, 2020

January, 2020
Jan 7, 2020

Date

Sold (Public Records)

Public Records

--

Price
December, 2018
Dec 21, 2018

Date

Sold (Public Records)

Public Records

$3,230,000

Price
June, 2018
Jun 6, 2018

Date

Canceled

CRMLS: PW18084301

$3,200,000

Price
Apr 13, 2018

Date

Active

CRMLS: PW18084301

$3,200,000

Price
Listing provided courtesy of CRMLS

This 10-unit multifamily investment opportunity in Los Angeles, California is located south of Downtown near the 10 and 110 freeways and across the street from Ascot Elementary School. The offering comprises two newer construction buildings; because they were built in 2007, the buildings are not subject to rent control. The buildings contain a total of seven two-bedroom and three three-bedroom townhouse-style units, plus a non-conforming studio. The units are separately metered for water, gas and electricity. The property also features 12 garages, which have washer/dryer hookups, and additional open parking. 1431 East Vernon Avenue presents an excellent opportunity for an investor to acquire a newer construction asset with highly desirable townhouse units and immediate potential upside in rents.

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Tax History for 1431 E Vernon Ave

Assessed Value (2020): $3,294,600

Year	Land Value	Improved Value	Assessed Value
2020	$1,326,000	$1,968,600	$3,294,600

About 1431 E Vernon Ave

Detailed summary of property

1431 E Vernon Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90011 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 11,016 living square feet, and sits on an approximately 12,427 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 851 E 32nd St, 634 E 52nd Pl and 854 East 27 St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 1431 E Vernon Ave 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 1431 E Vernon Ave

Public county record property details

Beds: --
Baths: --
Year built: 2007
Sq. Ft.: 11,016
Lot Size: 12,427
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 20-22
APN: 5116-007-037

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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(714) 706-1823

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