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1585 E Vernon Ave, Los Angeles, CA 90011
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1585 E Vernon Ave Los Angeles, CA 90011

$575,000 Sold Price as of 06/22/2022
  • 2 Beds
  • 1 Baths
  • 1,492 Sq.Ft.
Sold
$575,000 Sold Price as of 06/22/2022 Refinance Your Mortgage
Map preview of 1585 E Vernon Ave, Los Angeles, CA 90011

Property Overview: 1585 E Vernon Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 1,492 living square feet and 5,206 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Opportunity in a low inventory market. Perfect development play for 4 units to rent Section 8, will yield an amazing cap rate. This is a real VALUE ADD opportunity. Real investors only please, no assignments, 15-day close. Please submit best and final.

Listed by Jorge Lopez | BRE #01919114 | Nationwide Advisors, Inc.
Last checked: 14 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
5,206
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW22115611
City
Los Angeles
County
Los Angeles
Time on Site
693 days

Property Details for 1585 E Vernon Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • All Bedrooms Down
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5116019004
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: google
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 1585 E Vernon Ave

Last sold for $575,000 on June 22nd, 2022

  • June, 2022

  • Jun 22, 2022

    Date

    Sold

    CRMLS: DW22115611

    $575,000

    Price

  • Jun 16, 2022

    Date

    Active

    CRMLS: DW22115611

    $599,000

    Price

  • January, 1967

  • Jan 26, 1967

    Date

    Sold (Public Records)

    Public Records

    $999,999,999

    Price

Show More

Tax History for 1585 E Vernon Ave

Assessed Value (2020): $25,945
Year Land Value Improved Value Assessed Value
2020 $15,218 $10,727 $25,945

Home Value Compared to the Market

This property vs the competition

1585 E Vernon Ave sold on June 22, 2022 for 49.66% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $401.47 per/sqft which puts the price per square foot 46.82% lower than the current median sale per square foot for the city of Los Angeles.

About 1585 E Vernon Ave

Detailed summary of property

1585 E Vernon Ave is a mixed use that recently sold in Los Angeles, CA 90011. This mixed use property offered 2 bedrooms, 1 bathrooms, roughly 1,492 living square feet, and sits on an approximately 5,206 square foot lot. 1585 E Vernon Ave was first listed on ArdentRealEstateGroup.com on June 17, 2022. The homeowner sold the property for $575,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 49.66% lower than the current median priced home. Local homes that are currently for sale include 619 Cedar Ave, 761 Calle Aragon #A and 2125 Ronda Granada A. While the average home in Los Angeles, CA is selling in 94 days, 1585 E Vernon Ave has a days on market of 4 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1585 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 1585 E Vernon Ave

Public county record property details
Beds
2
Baths
1
Year built
1914
Sq. Ft.
1,492
Lot Size
5,206
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5116-019-004

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
$650,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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.

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