201 S Park View St Los Angeles, CA 90057

$1,230,000 Sold Price as of 12/10/2018

7 Beds
6 Baths
5,128 Sq.Ft.

Off Market

$1,230,000 Sold Price as of 12/10/2018 Refinance Your Mortgage

Map preview of 201 S Park View St, Los Angeles, CA 90057

Property Overview: 201 S Park View St Los Angeles, CA has 7 bedrooms, 6 bathrooms, 5,128 living square feet and 7,506 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

201 S Park View 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 $1,209,000. 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 $241,800 for the down payment and will need roughly $24,180 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 201 S Park View St

Last sold for $1,230,000 on December 10th, 2018

April, 2022
Apr 13, 2022

Date

Expired

CRMLS: 22117961

$2,550,000

Price
Jan 12, 2022

Date

Active

CRMLS: 22117961

$2,550,000

Price
Listing provided courtesy of CRMLS

This 5-unit turn-key apartment complex in Historic Filipinotown (HiFi) has been renovated literally down to the studs and is an incredible opportunity for an investor wanting passive income. The building includes two 2 bedroom/1.5 bath units, two 3 bedroom/1.5 bath units, and one 3 bedroom/2 bath unit. Centrally located, the property sits around the corner from Silver Lake, Echo Park, and DTLA and is a short distance from the ever-evolving MacArthur Park and LaFayette Park areas, as well as from Westlakes' hot entertainment spots along Beverly Blvd. Being within easy reach of the Metro Red and Purple lines and minutes away from the 101,110, and 2 freeways, this property includes 10 resident parking spaces with the potential for generating additional income. Priced to sell at $2,550,000, this property has a GRM 14.59 and 5.13% cap rate. With every conceivable amenity within reach, this property will surely shine as the crown jewel in your investor portfolio.

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January, 2022
Jan 12, 2022

Date

Canceled

CRMLS: 21799676

$2,795,000

Price
Oct 29, 2021

Date

Active

CRMLS: 21799676

$2,795,000

Price
Listing provided courtesy of CRMLS

This 5-unit turn-key apartment complex in Historic Filipinotown (HiFi) has been renovated literally down to the studs and is an incredible opportunity for an investor wanting passive income. The building includes two 2 bedroom/1.5 bath units, two 3 bedroom/1.5 bath units, and one 3 bedroom/2 bath unit. Centrally located, the property sits around the corner from Silver Lake, Echo Park, and DTLA and is a short distance from the ever-evolving MacArthur Park and LaFayette Park areas, as well as from Westlakes' hot entertainment spots along Beverly Blvd. Being within easy reach of the Metro Red and Purple lines and minutes away from the 101,110, and 2 freeways, this property includes 10 resident parking spaces with the potential for generating additional income. Priced to sell at $2,795,000, this property has a 16.07 GRM and 4.54% cap rate. With every conceivable amenity within reach, this property will surely shine as the crown jewel in your investor portfolio.

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January, 2021
Jan 1, 2021

Date

Expired

CRMLS: 20571214

$2,445,000

Price
Nov 9, 2020

Date

Withdrawn

CRMLS: 20571214

$2,445,000

Price
Sep 8, 2020

Date

Price Change

CRMLS: 20571214

$2,445,000

Price
Apr 20, 2020

Date

Active

CRMLS: 20571214

$2,495,000

Price
Listing provided courtesy of CRMLS

Price drop! Seller is motivated! Priced to sell at $2,445,000, this property has a 14.03 GRM and 5.47% cap rate. This 5-unit turn-key Westlake apartment complex has been renovated down to the studs and is an incredible opportunity for an investor wanting passive income. The building includes (2) 2 bedroom/1.5 bath units, (2) 3 bedroom/1.5 bath units, and (1) 3 bedroom/2 bath unit. Centrally located, the property sits around the corner from Silver Lake, Echo Park, and DTLA, and a short distance from the ever-evolving MacArthur Park and LaFayette Park areas. Being within easy reach of the Metro Red and Purple lines and minutes away from the 101,110, and 2 other freeways, this property includes 10 resident parking spaces with the potential for generating additional income. 4 of 5 tenants are on RUBS (tenants pay shared utilities) so owner has low operating costs. With every conceivable amenity within reach, this property will surely shine as the crown jewel in your investor portfolio.

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December, 2018
Dec 10, 2018

Date

Sold

CRMLS: SR18177346

$1,230,000

Price
Sep 24, 2018

Date

Pending

CRMLS: SR18177346

$1,200,000

Price
Sep 19, 2018

Date

Price Change

CRMLS: SR18177346

$1,200,000

Price
Sep 18, 2018

Date

Price Change

CRMLS: SR18177346

$1,250,000

Price
Sep 18, 2018

Date

Active

CRMLS: SR18177346

$1,200,000

Price
Aug 27, 2018

Date

Pending

CRMLS: SR18177346

$1,200,000

Price
Aug 22, 2018

Date

Active

CRMLS: SR18177346

$1,200,000

Price
Listing provided courtesy of CRMLS

DEVELOPER SPECIAL! Potential TOC Bonus allowance. Exceptional development opportunity in an area exploding with growth. Parcel next door (205-207 S. Park View) for sale as well. Buy one, or both for a total of 15,013 sq feet of potential multi-unit living. Buyer to conduct own due diligence and investigate any bonus density allowances offered under the "Transit Oriented Communities Affordable Housing Incentive Program Guidelines" to capture the maximum upside of this potential development. Currently a fully occupied five unit building. This property is located in a quiet neighborhood offering an easy commute to all of the trendy Downtown Los Angeles spots with easy access to the 110 and 101 freeways. You are minutes away from all the amenities that continue to grow in Downtown Los Angeles surrounding Staples Center, and old reliable venues such as Chinatown, Hollywood and so much more! PLEASE DO NOT DISTURB OCCUPANTS. Drive by only. SOLD AS IS.

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December, 2018
Dec 10, 2018

Date

Sold (Public Records)

Public Records

$1,230,000

Price
August, 2018
Aug 21, 2018

Date

Canceled

CRMLS: SR18121534

$2,250,000

Price
Jul 23, 2018

Date

Price Change

CRMLS: SR18121534

$2,250,000

Price
Jun 27, 2018

Date

Price Change

CRMLS: SR18121534

$2,275,000

Price
May 23, 2018

Date

Active

CRMLS: SR18121534

$2,350,000

Price
Listing provided courtesy of CRMLS

PRICE REDUCED!! Potential TOC Bonus allowance. Exceptional development opportunity in an area exploding with growth. Two parcels sold together for a total of 15,013 sq feet of potential multi-unit living. Buyer to conduct own due diligence and investigate any bonus density allowances offered under the "Transit Oriented Communities Affordable Housing Incentive Program Guidelines" to capture the maximum upside of this potential development. 201-203 S. Park View (APN 5154014020) and 205-207 S. Park View (APN 5154014019) are offered as a package and must be sold together. Currently a five unit and duplex, respectively. Fully occupied. These properties are located in a quiet neighborhood offering an easy commute to all of the trendy Downtown Los Angeles spots with easy access to the 110 and 101 freeways. You are minutes away from all the amenities that continue to grow in Downtown Los Angeles surrounding Staples Center, and old reliable venues such as Chinatown, Hollywood and so much more! PLEASE DO NOT DISTURB OCCUPANTS. Drive by only.

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January, 2015
Jan 28, 2015

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 201 S Park View St

Assessed Value (2020): $1,254,600

Year	Land Value	Improved Value	Assessed Value
2020	$816,000	$438,600	$1,254,600

About 201 S Park View St

Detailed summary of property

201 S Park View St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and last sold on December 10, 2018 for $1,230,000. This property has 7 bedrooms, 6 bathrooms, roughly 5,128 living square feet, and sits on an approximately 7,506 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 9.82% higher than the current median priced home. 201 S Park View St was last sold on December 10, 2018 for $1,230,000. Local nearby listings include 421 S La Fayette Park Pl #220, 421 S La Fayette Park Pl #401 and 435 S La Fayette Park Pl #316. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 201 S Park View St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 201 S Park View St

Public county record property details

Beds: 7
Baths: 6
Year built: 1927
Sq. Ft.: 5,128
Lot Size: 7,506
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 82
APN: 5154-014-020

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$575,000

Median List Price/Sq.Ft.

$538

Median Sold Price

$900,000

Median Sold Price/Sq.Ft.

$515

Total Inventory

Median Sale to List Price %

90.91%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

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