1518 W Colton St, Los Angeles, CA 90026
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1518 W Colton St Los Angeles, CA 90026

$400,000 Sold Price as of 03/08/2021
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$400,000 Sold Price as of 03/08/2021 Refinance Your Mortgage

Map preview of 1518 W Colton St, Los Angeles, CA 90026

Property Overview: 1518 W Colton St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 15,447 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: APN: 5159-015-031, 030, 029 (THREE LOTS TOTAL). Two contiguous assemblages being offered separately. (MLS# 21-692168 for Rockwood assemblage; APN 5159-015-015, 014, 013, THREE lots total). The assemblages fronts two streets, Colton St (129 LF frontage) and Rockwood St (140 LF frontage) and are separated by 20 alley in between each assemblage. The Colton assemblage is 15,450 Sq Ft (TOC Tier 1) and the Rockwood Assemblage (TOC Tier 1) is app 17,500 Sq Ft. A second alley on the right side on each assemblage runs from Colton St to Rockwood St. There is a cumulative total of appx 458 of 20 alley frontage which can increase your density while providing more ingress/egress. TOC permits 35% density bonus. There are THREE oil wells on the lots. The development opportunity is centrally located in the most dynamic area of Echo Park. Bordered by Los Feliz, Silver Lake, Downtown LA and Hollywood. SELLER MAY CONSIDER LONG ESCROW.

Listed by Shawn S. Kormondy | BRE #01451888 | Keller Williams Beverly Hills
Last checked: 8 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
15,447
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
21692176
City
Los Angeles
County
Los Angeles
Time on Site
1315 days

Property Details for 1518 W Colton St

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5159015031
  • Has Additional Parcels
Location / Neighborhood
Location Information
  • Directions: Assemblage fronts Colton St between Glendale Blvd & Belmont Ave
View more facts & features

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Sale History for 1518 W Colton St

Last sold for $400,000 on March 8th, 2021
  • March, 2021

  • Mar 9, 2021

    Date

    Sold

    CRMLS: 21692176

    $400,000

    Price

  • Mar 1, 2021

    Date

    Pending

    CRMLS: 21692176

    $400,000

    Price

  • Feb 15, 2021

    Date

    Active Under Contract

    CRMLS: 21692176

    $400,000

    Price

  • Feb 12, 2021

    Date

    Active

    CRMLS: 21692176

    $400,000

    Price

Tax History for 1518 W Colton St

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

1518 W Colton St sold on March 8, 2021 for 64.29% lower than the current median sold price for the city of Los Angeles which is $1,120,000.

About 1518 W Colton St

Detailed summary of property

1518 W Colton St is a land that recently sold in Los Angeles, CA 90026. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 15,447 square foot lot. 1518 W Colton St was first listed on ArdentRealEstateGroup.com on February 12, 2021. The homeowner sold the property for $400,000. Home 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 64.29% lower than the current median priced home. Local homes that are currently for sale include 1756 E 42nd St, 4022 San Rafael Ave and 762 Quail Dr. While the average home in Los Angeles, CA is selling in 106 days, 1518 W Colton St has a days on market of 4 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. For more information on this home for sale at 1518 W Colton St 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 1518 W Colton St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.