1701 N Commonwealth Ave Los Angeles, CA 90027

$1,371,000 Sold Price as of 02/22/2018

16 Beds
16 Baths
8,272 Sq.Ft.

Off Market

$1,371,000 Sold Price as of 02/22/2018 Refinance Your Mortgage

Map preview of 1701 N Commonwealth Ave, Los Angeles, CA 90027

Property Overview: 1701 N Commonwealth Ave Los Angeles, CA has 16 bedrooms, 16 bathrooms, 8,272 living square feet and 6,787 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1701 N Commonwealth 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 $1,250,000. The median price per/sqft for Los Angeles is $777. 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 $250,000 for the down payment and will need roughly $25,000 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 $59,500. 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 1701 N Commonwealth Ave

Last sold for $1,371,000 on February 22nd, 2018

February, 2018
Feb 23, 2018

Date

Sold

CRMLS: 17290472

$2,742,000

Price
Dec 4, 2017

Date

Active Under Contract

CRMLS: 17290472

$2,900,000

Price
Nov 21, 2017

Date

Active

CRMLS: 17290472

$2,900,000

Price
Listing provided courtesy of CRMLS

Modern building on a corner lot in prime Los Feliz area. Extra large units, bamboo and laminate flooring. Each unit has a private balcony. Four apartments have been remodeled. Huge upside in rents. Building passed LAHD SCEP inspection in 2017. Property is under City of LA mandatory soft story earthquake retrofitting program. Please review Offering Memorandum attached in docs.

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February, 2018
Feb 22, 2018

Date

Sold (Public Records)

Public Records

$1,371,000

Price
February, 2018
Feb 22, 2018

Date

Sold (Public Records)

Public Records

$1,371,000

Price

Tax History for 1701 N Commonwealth Ave

Assessed Value (2020): $2,852,776

Year	Land Value	Improved Value	Assessed Value
2020	$2,080,800	$771,976	$2,852,776

About 1701 N Commonwealth Ave

Detailed summary of property

1701 N Commonwealth Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90027 and last sold on February 22, 2018 for $1,371,000. This property has 16 bedrooms, 16 bathrooms, roughly 8,272 living square feet, and sits on an approximately 6,787 square foot lot. Homes 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 15.21% higher than the current median priced home. 1701 N Commonwealth Ave was last sold on February 22, 2018 for $1,371,000. Local nearby listings include 4555 Ambrose Ave, 3819 Sunset Dr and 2113 Rodney Dr. The average home in Los Angeles, CA is selling in 92 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. If you are the homeowner and looking to sell the home at 1701 N Commonwealth Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1701 N Commonwealth Ave

Public county record property details

Beds: 16
Baths: 16
Year built: 1969
Sq. Ft.: 8,272
Lot Size: 6,787
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 81
APN: 5590-024-010

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,370,000

Median List Price/Sq.Ft.

$932

Median Sold Price

$1,785,930

Median Sold Price/Sq.Ft.

$941

Total Inventory

Median Sale to List Price %

99.49%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

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(714) 706-1823

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