1662 S Highland Ave Los Angeles, CA 90019

$390,000 Sold Price as of 11/21/2002

-- Beds
-- Baths
3,392 Sq.Ft.

Off Market

$390,000 Sold Price as of 11/21/2002 Refinance Your Mortgage

Map preview of 1662 S Highland Ave, Los Angeles, CA 90019

Property Overview: 1662 S Highland Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,392 living square feet and 5,937 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1662 S Highland 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 1662 S Highland Ave

Last sold for $390,000 on November 21st, 2002

October, 2019
Oct 1, 2019

Date

Expired

CRMLS: RS19076141

$1,199,999

Price
Apr 5, 2019

Date

Active

CRMLS: RS19076141

$1,199,999

Price
Listing provided courtesy of CRMLS

Well-maintained 4-plex with responsible renters in highly desirable neighborhood of Mid City Los Angeles! Minutes away from Korea Town, Miracle Mile (LACMA, LA Brea Tar Pits, Peterson Automotive Museum, El Rey Theatre). This is a terrific opportunity for an investor that would like to add to their real estate portfolio of long-term investments, or the home buyer that would like to owner-occupy 1 unit and rent the others out. The building consists of 2BD/1BA units, and each is individually metered for gas and electricity. There is a detached double-garage (x2) that provides 4 parking spaces. There is a laundry on-site that brings in an additional $175/month income. Owner has recently completed exterior paint of the building, and has had the back staircase completely rebuilt. Building is up to code with the City of LA as of 2019. With a 35% down payment conventional loan (4.5% interest rate, as of 4/3/2019), the mortgage payment (PITI) would be $5000/month while earning monthly income of $5570/month. Must see! Don't miss out on this beautifully-maintained property in hot neighborhood with high demand!

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November, 2002
Nov 21, 2002

Date

Sold (Public Records)

Public Records

$390,000

Price

Tax History for 1662 S Highland Ave

Assessed Value (2020): $516,469

Year	Land Value	Improved Value	Assessed Value
2020	$231,747	$284,722	$516,469

About 1662 S Highland Ave

Detailed summary of property

1662 S Highland Ave is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90019 and last sold on November 21, 2002 for $390,000. This property has -- bedrooms, -- bathrooms, roughly 3,392 living square feet, and sits on an approximately 5,937 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 65.18% lower than the current median priced home. 1662 S Highland Ave was last sold on November 21, 2002 for $390,000. Local nearby listings include 4526 St Elmo Dr, 1952 Hillcrest Dr and 2203 S Palm Grove Ave. 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 1662 S Highland 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 1662 S Highland Ave

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: 3,392
Lot Size: 5,937
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 17,18
APN: 5067-006-017

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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