2217 Addison Way Los Angeles, CA 90041

$912,500 Sold Price as of 03/11/2016

5 Beds
4 Baths
2,715 Sq.Ft.

Off Market

$912,500 Sold Price as of 03/11/2016 Refinance Your Mortgage

Map preview of 2217 Addison Way, Los Angeles, CA 90041

Property Overview: 2217 Addison Way Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,715 living square feet and 7,022 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2217 Addison Way 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 2217 Addison Way

Last sold for $912,500 on March 11th, 2016

March, 2016
Mar 11, 2016

Date

Sold (Public Records)

Public Records

$912,500

Price
January, 2016
Jan 30, 2016

Date

Price Change

CRMLS: 16976881

$950,000

Price
Listing provided courtesy of CRMLS

Charming income property in the heart of NELA. Located within a short distance of Eagle Rock schools, restaurants and retail outlets along Colorado Blvd. This quaint property features a single level triplex consisting of two 1 bed / 1 bath units and a 2 bed / 1 bath unit with well-maintained vintage kitchens and baths. Also includes a 2 bed / 1 bath manager/owner bungalow (title shows 1/1, buyer to confirm city records). Additional amenities include two covered parking spaces, two uncovered spaces, common laundry facility and low maintenance landscaping. The units have been well cared for, as this has been the seller's home for multiple generations. Two of the triplex units and the bungalow will be delivered vacant, contact listing agent for details.

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November, 1998
Nov 16, 1998

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2217 Addison Way

Assessed Value (2020): $987,718

Year	Land Value	Improved Value	Assessed Value
2020	$692,756	$294,962	$987,718

About 2217 Addison Way

Detailed summary of property

2217 Addison Way is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90041 and last sold on March 11, 2016 for $912,500. This property has 5 bedrooms, 4 bathrooms, roughly 2,715 living square feet, and sits on an approximately 7,022 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 18.53% lower than the current median priced home. 2217 Addison Way was last sold on March 11, 2016 for $912,500. Local nearby listings include 4602 El Reposo Dr, 1552 Hazelwood Avenue and 5237 Live Oak View Avenue. 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 2217 Addison Way Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2217 Addison Way

Public county record property details

Beds: 5
Baths: 4
Year built: 1924
Sq. Ft.: 2,715
Lot Size: 7,022
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5,48
APN: 5685-005-014

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,199,000

Median List Price/Sq.Ft.

$737

Median Sold Price

$1,460,000

Median Sold Price/Sq.Ft.

$897

Total Inventory

Median Sale to List Price %

97.4%

Avg Days on Market

Loan Type

Conventional (17.65%), FHA (0%), VA (0%), Cash (23.53%), Other (17.65%)

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