1942 Lake Shore Ave Los Angeles, CA 90039

$650,000 Sold Price as of 02/27/2014

2 Beds
1 Baths
960 Sq.Ft.

Off Market

$650,000 Sold Price as of 02/27/2014 Refinance Your Mortgage

Map preview of 1942 Lake Shore Ave, Los Angeles, CA 90039

Property Overview: 1942 Lake Shore Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 960 living square feet and 12,483 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1942 Lake Shore 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 $771. 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 1942 Lake Shore Ave

Last sold for $650,000 on February 27th, 2014

November, 2022
Nov 21, 2022

Date

Canceled

CRMLS: 22205379

$3,195,000

Price
Oct 3, 2022

Date

Active

CRMLS: 22205379

$3,195,000

Price
Listing provided courtesy of CRMLS

Designed to cultivate peace of mind and personal well-being. This majestic multi-home residential retreat center rests on 13,000 square feet of pristine land in the private and quiet hills of Elysian Heights. This is a rare offering of 3 parcels that were converted into one, has never before been listed, and is one of (if not the) largest lot in the neighborhood. Designed for resting and recharging without leaving the city. This estate features a custom, modern art, temple-esque, two-bedroom two bath space with a generous 1200 square foot indoor floor plan, wrap-around redwood decks, and a white marble roof deck offering breathtaking panoramic views of the Echo Park Valley and Downtown skyline. Perched on its own private hill is an additional warm and cozy duplex featuring a two-bedroom two bath open floor plan home, surrounded by ficus, eucalyptus and olive trees, with infrared sauna and ample outdoor decking for sunbathing and entertaining. Downstairs is a "granny flat" loft with its own entrance, full kitchen, laundry and stone slated, glass steam room. Each living space allows the perfect natural light to pour in from all four directions, all day long. The gravel entrance driveway hosts a fruit salad tree orchard featuring lemon, grapefruit, avocado, pomegranate, orange, peach, persimmon, pear, apple, cherry, and apricot trees. Thanks to the trees, it is teeming with friendly wildlife (hummingbirds, squirrels, owls and hawks) and the energy and ambiance of the land is truly harmonious. There are over 5,000 square feet of meticulously maintained and updated outdoor living spaces with awe-inspiring windchimes, Balinese daybeds, cactus and agave gardens and hand-crafted statues from India. It's the perfect blend of creative inspiration with meditative elegance. Perfect for the understated lifestyle of artistic devotion and sacred appreciation. Most guests make a point to mention how inviting and relaxing it feels on the property. This opportunity offers major income producing and further development potential if so desired. A must see for any discerning buyer looking for a unique property in the Los Angeles area.

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February, 2014
Feb 27, 2014

Date

Sold (Public Records)

Public Records

$650,000

Price
March, 2013
Mar 22, 2013

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1942 Lake Shore Ave

Assessed Value (2020): $855,052

Year	Land Value	Improved Value	Assessed Value
2020	$586,221	$268,831	$855,052

About 1942 Lake Shore Ave

Detailed summary of property

1942 Lake Shore Ave is a single family home in Los Angeles, CA 90039 and last sold on February 27, 2014 for $650,000. This house has 2 bedrooms, 1 bathrooms, roughly 960 living square feet, and sits on an approximately 12,483 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 41.96% lower than the current median priced home. 1942 Lake Shore Ave was last sold on February 27, 2014 for $650,000. Local nearby listings include 1891 Lucretia Ave, 1649 N Adamson St and 1519 Morton Terrace. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1942 Lake Shore Ave Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1942 Lake Shore Ave

Public county record property details

Beds: 2
Baths: 1
Year built: 1918
Sq. Ft.: 960
Lot Size: 12,483
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 20,23
APN: 5420-010-032

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,688,880

Median List Price/Sq.Ft.

$918

Median Sold Price

$1,059,000

Median Sold Price/Sq.Ft.

$873

Total Inventory

Median Sale to List Price %

96.36%

Avg Days on Market

Loan Type

Conventional (7.69%), FHA (0%), VA (0%), Cash (7.69%), Other (30.77%)

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