1720 Whitley Ave Los Angeles, CA 90028

$--

-- Beds
-- Baths
10,137 Sq.Ft.

Off Market

Map preview of 1720 Whitley Ave, Los Angeles, CA 90028

Property Overview: 1720 Whitley Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 10,137 living square feet and 14,399 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1720 Whitley 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 1720 Whitley Ave

Last sold on January 11th, 2001

April, 2023
Apr 1, 2023

Date

Expired

CRMLS: 23233205

$8,000,000

Price
Jan 17, 2023

Date

Active

CRMLS: 23233205

$8,000,000

Price
Listing provided courtesy of CRMLS

1) Iconic Entertainment Industry bungalow office compound consisting of 8 Bungalows (in four two-story structures) along with "The Big House and Writer's Room" in a fully gated, magical, garden oasis. 2) High character, creative office environment featuring prized, period craftmanship and architectural details, tremendous natural light, operable windows, and intimate outdoor seating areas. 3) The 11,015 square feet of structures sit on a third-acre lot in the heart of amenity rich Hollywood, the center of content creation worldwide. 4) Legacy of unparalleled success in attracting the Industry's highest profile tenants including Will Ferrell, Adam McKay, Natalie Portman, Danny McBride, Edgar Wright, Michael Bay, HBO, Netflix and Michael Connelly. 5) Fully renovated to meet all of the needs of creative tenants including modern kitchens, distributed Cat-5 cabling, central HVAC and fire sprinklers. All units are separately metered for power. 6) Listed on the National Register of Historic Places, The California Register of Historic Resources, and as a Los Angeles Historic-Cultural Monument. Mills Act Contract (current property tax status runs with title). 7) Significant additional potential value associated with transferring allowable excess development rights. 8) Historically run at full occupancy and often with a waiting list, Whitley Court is currently 100% leased. 9) Well priced at $8,000,000, $726 psf of building and with a 5.12% going in cap rate, Whitley Court offers the astute, discerning investor the rare opportunity for compelling financial rewards, the sense of pride associated with owning a celebrated historic and architecturally significant landmark all while participating in the glamour, excitement and prosperity of Hollywood.

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January, 2001
Jan 11, 2001

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1720 Whitley Ave

Assessed Value (2020): $1,322,695

Year	Land Value	Improved Value	Assessed Value
2020	$826,685	$496,010	$1,322,695

About 1720 Whitley Ave

Detailed summary of property

1720 Whitley Ave is categorized with a use code of Office Bldg (General) in Los Angeles, CA 90028 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 10,137 living square feet, and sits on an approximately 14,399 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. Local nearby listings include 2037 Holly Hill, 1645 Vine St #1010 and 1645 Vine St #1001. 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 1720 Whitley Ave Los Angeles, CA 90028 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1720 Whitley Ave

Public county record property details

Beds: --
Baths: --
Year built: 1919
Sq. Ft.: 10,137
Lot Size: 14,399
Stories: --

Type: Office Bldg (General)
Pool: No
Spa: No
County: Los Angeles
Lot#: 13
APN: 5547-008-012

The source for these homes facts are from public records.

90028 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,099,000

Median List Price/Sq.Ft.

$695

Median Sold Price

$1,015,000

Median Sold Price/Sq.Ft.

$728

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

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

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(714) 706-1823

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