1613 W Vernon Ave, Los Angeles, CA 90062
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1613 W Vernon Ave Los Angeles, CA 90062

$1,505,000 Sold Price as of 11/15/2022
  • -- Beds
  • -- Baths
  • 4,039 Sq.Ft.
Sold
$1,505,000 Sold Price as of 11/15/2022 Refinance Your Mortgage

Map preview of 1613 W Vernon Ave, Los Angeles, CA 90062

Property Overview: 1613 W Vernon Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 4,039 living square feet and 9,979 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Back on Market subject to cancellation!! MAY BE ABLE TO OBTAIN DEVELOPMENT FUNDS FROM A COMMUNITY REDEVELOPMENT AGENCY TO BUILD UP TO 55 RESIDENTIAL UNITS (CHECK WITH CITY). 4 RESIDENTIAL UNITS- 3BD/2BA, 2BD/2BA,2BD/1BD, AND STUDIO/1BA. THE SELLER IS CURRENTLY USING THE RESIDENTIAL UNITS FOR HIS TRANSITIONAL HOUSING BUSINESS. THE COMMERCIAL SPACE INCLUDES A DOCTOR'S OFFICE CURRENTLY RENTED FOR $1000, AND A T-SHIRT SHOP RENTED FOR $900. GREAT OPPORTUNITY FOR DEVELOPERS.

Listed by Willie Henderson | BRE #01091997 | Willie Gene Henderson
Last checked: 10 minutes ago | Last updated: November 17th, 2022 | Source CRMLS | DOM: 73

Home details

Lot Sq. Ft
9,979
HOA Dues
$0/mo
Year built
1967
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SR22139397
City
Los Angeles
County
Los Angeles
Time on Site
662 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1613 W Vernon Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5021023038
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: cross streets Western and Vernon
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Sale History for 1613 W Vernon Ave

Last sold for $1,505,000 on November 15th, 2022
  • November, 2022

  • Nov 15, 2022

    Date

    Sold

    CRMLS: SR22139397

    $1,505,000

    Price

  • Jul 4, 2022

    Date

    Active

    CRMLS: SR22139397

    $1,999,000

    Price

  • October, 1999

  • Oct 21, 1999

    Date

    Sold (Public Records)

    Public Records

    $126,936

    Price

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Tax History for 1613 W Vernon Ave

Assessed Value (2020): $252,947
Year Land Value Improved Value Assessed Value
2020 $210,796 $42,151 $252,947

Home Value Compared to the Market

This property vs the competition

1613 W Vernon Ave sold on November 15, 2022 for 30.25% higher 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 $383.76 per/sqft which puts the price per square foot 49.17% lower than the current median sale per square foot for the city of Los Angeles.

About 1613 W Vernon Ave

Detailed summary of property

1613 W Vernon Ave is a mixed use that recently sold in Los Angeles, CA 90062. This mixed use property offered -- bedrooms, -- bathrooms, roughly 4,039 living square feet, and sits on an approximately 9,979 square foot lot. 1613 W Vernon Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,505,000. 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 30.25% higher than the current median priced home. Local homes that are currently for sale include 3317 S San Pedro St, 1726 Crenshaw Blvd and 1722 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 92 days, 1613 W Vernon Ave has a days on market of 73 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1613 W Vernon Ave Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1613 W Vernon Ave

Public county record property details
Beds
--
Baths
--
Year built
1967
Sq. Ft.
4,039
Lot Size
9,979
Stories
1
Type
Professional Bldg (Legal; Insurance; Real Estate; Business)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
5021-023-038

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$859,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), 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.