1961 Preston Ave Los Angeles, CA 90026

$1,225,000 Sold Price as of 08/03/2018

3 Beds
2 Baths
1,456 Sq.Ft.

Off Market

$1,225,000 Sold Price as of 08/03/2018 Refinance Your Mortgage

Map preview of 1961 Preston Ave, Los Angeles, CA 90026

Property Overview: 1961 Preston Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,456 living square feet and 8,728 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1961 Preston 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 1961 Preston Ave

Last sold for $1,225,000 on August 6th, 2018

August, 2018
Aug 6, 2018

Date

Sold

CRMLS: SR18167032

$1,225,000

Price
Jul 14, 2018

Date

Active Under Contract

CRMLS: SR18167032

$1,175,000

Price
Jul 12, 2018

Date

Active

CRMLS: SR18167032

$1,175,000

Price
Listing provided courtesy of CRMLS

Incredible home in the heart of Echo Park with penthouse views and a massive yard! Built in 1990, this three bedroom, two bathroom home is light & bright and has been immaculately maintained. It features a spacious master with en suite bathroom, modern open kitchen with a large center island, cute built-in corner booth, stainless steel appliances, gas fireplace in living room, bathroom skylight, French doors in two of the bedrooms leading out to the stunning, lush backyard, and a separate standalone air-conditioned space that is currently being used as an office (not included in sq footage). What makes this house unique is its incredible amount of outdoor space - irrigated front yard with gorgeous drought tolerant landscaping leading to a front porch with views of Downtown, a covered dining room patio off the kitchen, a large covered lanai in the backyard, PLUS a huge deck with 180 degree views of Los Angeles! Then there’s still room for the vegetable garden with built-in drip system, a rock climbing wall, and huge variety of fruit trees including avocado, fig, orange, and lemon. Other features are a 1 car garage, tankless water heater, laundry room inside the home, central AC & heat, and a huge area under the house for either plenty of storage or perhaps a couple extra rooms in the future. Located just steps away from Pollen, Valerie, and other hip Echo Park establishments, plus walking distance to the miles of trails at Elysian Park, and Dodger Stadium. Zoned R2.

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August, 2018
Aug 3, 2018

Date

Sold (Public Records)

Public Records

$1,225,000

Price
July, 2018
Jul 11, 2018

Date

Canceled

CRMLS: SR18165182

$1,175,000

Price
Jul 11, 2018

Date

Active

CRMLS: SR18165182

$1,175,000

Price
Listing provided courtesy of CRMLS

Incredible home in the heart of Echo Park with penthouse views and a massive yard! Built in 1990, this three bedroom, two bathroom home is light & bright and has been immaculately maintained. It features a spacious master with en suite bathroom, modern open kitchen with a large center island, cute built-in corner booth, stainless steel appliances, gas fireplace in living room, bathroom skylight, French doors in two of the bedrooms leading out to the stunning, lush backyard, and a separate standalone air-conditioned space that is currently being used as an office (not included in sq footage). What makes this house unique is its incredible amount of outdoor space — irrigated front yard with gorgeous drought tolerant landscaping leading to a front porch with views of Downtown, a covered dining room patio off the kitchen, a large covered lanai in the backyard, PLUS a huge deck with a 180 degree view of Los Angeles! Then there’s still room for the vegetable garden with built-in drip system, a rock climbing wall, and huge variety of fruit trees including avocado, fig, orange, and lemon. Other features are a 1 car garage, tankless water heater, laundry room inside the home, central AC & heat, and a huge area under the house for either plenty of storage or perhaps a couple extra rooms in the future. Located just steps away from Pollen, Valerie, and other hip Echo Park establishments, plus walking distance to the miles of trails at Elysian Park, and Dodger Stadium. Zoned R2.

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July, 2015
Jul 14, 2015

Date

Sold (Public Records)

Public Records

$860,000

Price

Tax History for 1961 Preston Ave

Assessed Value (2020): $1,249,500

Year	Land Value	Improved Value	Assessed Value
2020	$999,600	$249,900	$1,249,500

About 1961 Preston Ave

Detailed summary of property

1961 Preston Ave is a single family home in Los Angeles, CA 90026 and last sold on August 3, 2018 for $1,225,000. This house has 3 bedrooms, 2 bathrooms, roughly 1,456 living square feet, and sits on an approximately 8,728 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 9.38% higher than the current median priced home. 1961 Preston Ave was last sold on August 3, 2018 for $1,225,000. Local nearby listings include 1649 N Bruce Court, 2133 Branden St and 2160 Clifford St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1961 Preston Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1961 Preston Ave

Public county record property details

Beds: 3
Baths: 2
Year built: 1990
Sq. Ft.: 1,456
Lot Size: 8,728
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 2
APN: 5420-015-002

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,250,000

Median List Price/Sq.Ft.

$822

Median Sold Price

$1,217,000

Median Sold Price/Sq.Ft.

$985

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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