1864 Cordova St Los Angeles, CA 90007

$1,452,000 Sold Price as of 04/15/2011

-- Beds
-- Baths
11,024 Sq.Ft.

Off Market

$1,452,000 Sold Price as of 04/15/2011 Refinance Your Mortgage

Map preview of 1864 Cordova St, Los Angeles, CA 90007

Property Overview: 1864 Cordova St Los Angeles, CA has -- bedrooms, -- bathrooms, 11,024 living square feet and 13,397 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1864 Cordova St 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 1864 Cordova St

Last sold for $1,452,000 on April 15th, 2011

September, 2022
Sep 15, 2022

Date

Canceled

CRMLS: SR22191480

$5,950,000

Price
Aug 31, 2022

Date

Active

CRMLS: SR22191480

$5,950,000

Price
Listing provided courtesy of CRMLS

44 unit Single Room Occupancy residential hotel property with plans in ready to issue status to add kitchens and bathrooms to all units. Proposed plans ready to start construction include 41 studios and 3 one bedroom one bath units. Electrical upgrade to 600 AMPs has been initiated and MEPs are in plan check. Buyer has the option to operate As Is with 44 single room occupancy (SRO) units leased to new tenants with a proforma estimated cap rate of 6.26%. There may be the future potential to add up to 11 additional ADUs to the property in the future. Do not walk property, call listing agent for more details. This is a high cash flow opportunity in a Mid City LA neighborhood with a lot of new construction on the same block.

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September, 2022
Sep 15, 2022

Date

Canceled

CRMLS: SR22142666

$5,950,000

Price
Jun 30, 2022

Date

Active

CRMLS: SR22142666

$5,950,000

Price
Listing provided courtesy of CRMLS

44 unit Single Room Occupancy residential hotel property with plans in ready to issue status to add kitchens and bathrooms to all units. Proposed plans ready to start construction include 41 studios and 3 one bedroom one bath units. Electrical upgrade to 600 AMPs has been initiated and MEPs are in plan check. Buyer has the option to operate As Is with 44 SRO units leased to new tenants at $1,050 per month with a proforma estimated cap rate of 6.26%. Do not walk property, call listing agent for more details. This is a high cash flow opportunity in a Mid City LA neighborhood with a lot of new construction on the same block.

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April, 2011
Apr 15, 2011

Date

Sold (Public Records)

Public Records

$1,452,000

Price
April, 2009
Apr 21, 2009

Date

Sold (Public Records)

Public Records

$1,368,933

Price

Tax History for 1864 Cordova St

Assessed Value (2020): $1,703,922

Year	Land Value	Improved Value	Assessed Value
2020	$702,880	$1,001,042	$1,703,922

About 1864 Cordova St

Detailed summary of property

1864 Cordova St is categorized with a use code of Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel in Los Angeles, CA 90007 and last sold on April 15, 2011 for $1,452,000. This property has -- bedrooms, -- bathrooms, roughly 11,024 living square feet, and sits on an approximately 13,397 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 29.64% higher than the current median priced home. 1864 Cordova St was last sold on April 15, 2011 for $1,452,000. Local nearby listings include 2738 Kenwood Ave, 1520 S New Hampshire Ave and 2914 Kenwood 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 1864 Cordova St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1864 Cordova St

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: 11,024
Lot Size: 13,397
Stories: --

Type: Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel
Pool: No
Spa: No
County: Los Angeles
Lot#: 26,27
APN: 5075-029-009

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,495,000

Median List Price/Sq.Ft.

$610

Median Sold Price

$1,025,000

Median Sold Price/Sq.Ft.

$777

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

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

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