1628 S Van Ness Ave Los Angeles, CA 90019

$175,000 Sold Price as of 09/20/2000

5 Beds
2 Baths
3,036 Sq.Ft.

Off Market

$175,000 Sold Price as of 09/20/2000 Refinance Your Mortgage

Map preview of 1628 S Van Ness Ave, Los Angeles, CA 90019

Property Overview: 1628 S Van Ness Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, 3,036 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1628 S Van Ness 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 $768. 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 1628 S Van Ness Ave

Last sold for $175,000 on September 20th, 2000

May, 2021
May 21, 2021

Date

Expired

CRMLS: P1-3839

$1,460,000

Price
Mar 20, 2021

Date

Active

CRMLS: P1-3839

$1,460,000

Price
Listing provided courtesy of CRMLS

This is a 3 unit property located in Mid City just south of Koreatown. Great property for investors seeking rental income for cashflow. The main building has two units. Both units on the main property has 3 beds and 2 baths. Behind the main building is a second building which is the third unit with 2 beds and 2 baths. The property has a communal coin laundry machine for additional income and parking spaces in the back. Property is to be sold AS-IS. Drive by only, the units are tenant occupied, please do not disturb tenants.Please note, the interior pictures are only of the second floor unit on the main property.

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March, 2018
Mar 3, 2018

Date

Canceled

CRMLS: SB17033299

$1,150,000

Price
Mar 1, 2018

Date

Active

CRMLS: SB17033299

$1,150,000

Price
Feb 16, 2018

Date

Hold

CRMLS: SB17033299

$1,150,000

Price
Jul 25, 2017

Date

Active

CRMLS: SB17033299

$1,150,000

Price
Jul 18, 2017

Date

Withdrawn

CRMLS: SB17033299

$1,150,000

Price
May 15, 2017

Date

Price Change

CRMLS: SB17033299

$1,150,000

Price
Feb 17, 2017

Date

Active

CRMLS: SB17033299

$1,088,800

Price
Listing provided courtesy of CRMLS

Wonderful Income Property in Mid Los Angeles area. All units are now 100% occupied starting June 2017! All rents have been raised to current market value and now has a Cap Rate of 5.5% and GRM at 13.9! This Craftsman Duplex is in a quiet rental area of Los Angeles. Currently utilized and producing income as a three unit. Rear Building was built with Permits in 2001 and is a 2 bedroom 2 bath collecting $1900 monthly. The Front unit is currently configured as separate units with separate entry stairway in rear to a 3 bedroom 2 bath upstairs. Another 3 bedrooms 2 bath is downstairs with an entrance from the front. One of the three bedrooms is renting at $2,400 and the other 3 bed unit is renting for $2,300. Ample parking space for all tenants in the huge Backyard and in front as well. Centrally located to DTLA, Koreatown, Miracle Mile.

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September, 2000
Sep 20, 2000

Date

Sold (Public Records)

Public Records

$175,000

Price
February, 2000
Feb 18, 2000

Date

Sold (Public Records)

Public Records

$169,737

Price

Tax History for 1628 S Van Ness Ave

Assessed Value (2020): $472,766

Year	Land Value	Improved Value	Assessed Value
2020	$202,612	$270,154	$472,766

About 1628 S Van Ness Ave

Detailed summary of property

1628 S Van Ness Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90019 and last sold on September 20, 2000 for $175,000. This property has 5 bedrooms, 2 bathrooms, roughly 3,036 living square feet, and sits on an approximately 7,000 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 84.38% lower than the current median priced home. 1628 S Van Ness Ave was last sold on September 20, 2000 for $175,000. Local nearby listings include 1934 S Western Ave, 1023 S Wilton Pl and 1023 S Wilton Pl. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 1628 S Van Ness Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1628 S Van Ness Ave

Public county record property details

Beds: 5
Baths: 2
Year built: 1910
Sq. Ft.: 3,036
Lot Size: 7,000
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 39
APN: 5073-021-011

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,450,000

Median List Price/Sq.Ft.

$703

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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(714) 706-1823

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