1503 Lake Shore Ave Los Angeles, CA 90026

$1,200,000 Sold Price as of 01/17/2020

4 Beds
2 Baths
2,200 Sq.Ft.

Off Market

$1,200,000 Sold Price as of 01/17/2020 Refinance Your Mortgage

Map preview of 1503 Lake Shore Ave, Los Angeles, CA 90026

Property Overview: 1503 Lake Shore Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,200 living square feet and 3,900 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1503 Lake Shore 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 1503 Lake Shore Ave

Last sold for $1,200,000 on January 17th, 2020

January, 2020
Jan 21, 2020

Date

Sold

CRMLS: 19512242

$1,200,000

Price
Jan 18, 2020

Date

Pending

CRMLS: 19512242

$1,249,000

Price
Nov 19, 2019

Date

Active

CRMLS: 19512242

$1,249,000

Price
Nov 13, 2019

Date

Active Under Contract

CRMLS: 19512242

$1,249,000

Price
Oct 3, 2019

Date

Pending

CRMLS: 19512242

$1,249,000

Price
Sep 18, 2019

Date

Active

CRMLS: 19512242

$1,249,000

Price
Listing provided courtesy of CRMLS

Inside this Charming Spanish Duplex in the Heart of Hot Echo Park, is a modern Open Plan Minimalist Haven renovated top to bottom, this great income property offers either a true investment opportunity or owner/occupied. Each unit offers 2 bedrooms, 1 bath, with spectacular downtown views! No attention to detail has been missed! Features include; new roof, HVAC, plumbing, electrical, windows, insulation, shaker cabinets, and much more! Open kitchen with quartz counter tops. Stereo surround system with Alexa controller. Brand new expansive patio. Close proximity to Sunset strip, shopping and restaurants. Close to freeway and Dodger Stadium. Each unit has it's own address: 1503 Lake Shore and 1901 Scott Ave. Listing agents have ownership interest in property. Come and fall in love!

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January, 2020
Jan 17, 2020

Date

Sold (Public Records)

Public Records

$1,200,000

Price
May, 2019
May 30, 2019

Date

Sold

CRMLS: 219002025

$787,000

Price
Apr 25, 2019

Date

Pending

CRMLS: 219002025

$675,000

Price
Feb 24, 2019

Date

Active

CRMLS: 219002025

$675,000

Price
Listing provided courtesy of CRMLS

Ripe for renovation, this 1920's Spanish duplex is located on a very desirable corner lot with views of downtown Los Angeles. Units are 2 bedroom and 1 bath with lots of original charm and character. The property is a probate sale subject to court confirmation. Property to be sold in its ''AS IS'' condition and is in need of repairs and renovation.

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May, 2019
May 29, 2019

Date

Sold (Public Records)

Public Records

$787,000

Price

Tax History for 1503 Lake Shore Ave

Assessed Value (2020): $802,740

Year	Land Value	Improved Value	Assessed Value
2020	$612,000	$190,740	$802,740

About 1503 Lake Shore Ave

Detailed summary of property

1503 Lake Shore Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90026 and last sold on January 17, 2020 for $1,200,000. This property has 4 bedrooms, 2 bathrooms, roughly 2,200 living square feet, and sits on an approximately 3,900 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 7.14% higher than the current median priced home. 1503 Lake Shore Ave was last sold on January 17, 2020 for $1,200,000. Local nearby listings include 1326 Coronado Terrace, 2512 Berkeley Ave and 2143 Duane St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1503 Lake Shore Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1503 Lake Shore Ave

Public county record property details

Beds: 4
Baths: 2
Year built: 1922
Sq. Ft.: 2,200
Lot Size: 3,900
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4,19-20
APN: 5419-017-013

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,250,000

Median List Price/Sq.Ft.

$822

Median Sold Price

$1,217,000

Median Sold Price/Sq.Ft.

$985

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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(714) 706-1823

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