1627 W Preston Ln Los Angeles, CA 90026

$1,000,000 Sold Price as of 08/01/2018

3 Beds
3 Baths
1,948 Sq.Ft.

Off Market

$1,000,000 Sold Price as of 08/01/2018 Refinance Your Mortgage

Map preview of 1627 W Preston Ln, Los Angeles, CA 90026

Property Overview: 1627 W Preston Ln Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,948 living square feet and 1,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1627 W Preston Ln 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 1627 W Preston Ln

Last sold for $1,000,000 on August 1st, 2018

August, 2018
Aug 2, 2018

Date

Sold

CRMLS: 18344514

$1,000,000

Price
Jun 8, 2018

Date

Active Under Contract

CRMLS: 18344514

$990,000

Price
May 16, 2018

Date

Active

CRMLS: 18344514

$990,000

Price
Listing provided courtesy of CRMLS

Preston Lane features five small lot homes designed by Patrick Tighe Architecture, ranging from 1530 to 1815 square feet which boast technologically innovative features such as NEST thermostat and doorbell, Google Home, and in-ceiling speakers. Each home is solar ready and offers energy efficient features such as electric car charging, LED lighting, energy-efficient heating and cooling systems, a tankless hot water heater, and a zero-maintenance exterior. The interior is a beautifully-designed combination of fine finishes and custom features. These include 3/4" hardwood floors, fleetwood sliding doors, operable skylight, 10' ceilings and a custom metal staircase. The gourmet kitchen offers plenty of space to entertain; custom cabinetry, 36" chef's oven, and a wine fridge are standard. Enjoy a warm summer night on your beautifully built private patio or curl up with your honey while admiring the epic downtown view. *Use 1936 Preston Ave 90026 in your navigation*

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August, 2018
Aug 1, 2018

Date

Sold (Public Records)

Public Records

$1,000,000

Price

Tax History for 1627 W Preston Ln

Assessed Value (2020): $1,020,000

Year	Land Value	Improved Value	Assessed Value
2020	$714,000	$306,000	$1,020,000

About 1627 W Preston Ln

Detailed summary of property

1627 W Preston Ln is a single family home in Los Angeles, CA 90026 and last sold on August 1, 2018 for $1,000,000. This house has 3 bedrooms, 3 bathrooms, roughly 1,948 living square feet, and sits on an approximately 1,400 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 10.71% lower than the current median priced home. 1627 W Preston Ln was last sold on August 1, 2018 for $1,000,000. Local nearby listings include 2133 Branden St, 2160 Clifford St and 2328 Vestal Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1627 W Preston Ln 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 1627 W Preston Ln

Public county record property details

Beds: 3
Baths: 3
Year built: 2018
Sq. Ft.: 1,948
Lot Size: 1,400
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 3
APN: 5420-022-037

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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