2221 Wall St Los Angeles, CA 90011

$1,716,000 Sold Price as of 12/31/2015

7 Beds
6 Baths
3,187 Sq.Ft.

Off Market

$1,716,000 Sold Price as of 12/31/2015 Refinance Your Mortgage

Map preview of 2221 Wall St, Los Angeles, CA 90011

Property Overview: 2221 Wall St Los Angeles, CA has 7 bedrooms, 6 bathrooms, 3,187 living square feet and 9,034 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2221 Wall 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 2221 Wall St

Last sold for $1,716,000 on December 31st, 2015

September, 2019
Sep 27, 2019

Date

Canceled

CRMLS: 19494828

$1,100,000

Price
Aug 1, 2019

Date

Active

CRMLS: 19494828

$1,100,000

Price
Listing provided courtesy of CRMLS

This 6 unit building that was remodeled a few years back and is part of a 22 unit portfolio. The other 16 units are located at 2219 Wall Street. The building had exterior renovations in 2016, including: new windows, new stucco, new paint. One of the units has a complete interior renovation. There is a Huge 50% Upside in Current Rents in a High Demand Rental Market. This is a Low Maintenance Expense Property with Minimal Landscaping. Assumable Financing is Available with Union Bank For a 1% Assumption Fee.

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May, 2018
May 8, 2018

Date

Expired

CRMLS: SR17254202

$1,100,000

Price
Apr 30, 2018

Date

Withdrawn

CRMLS: SR17254202

$1,100,000

Price
Nov 9, 2017

Date

Active

CRMLS: SR17254202

$1,100,000

Price
Listing provided courtesy of CRMLS

Burts & Associates are Proud to Present These Beautifully Renovated 6 Unit Buildings as Part of a 22 Unit Portfolio. The Contiguous 16 Unit Building is Available for Purchase for a Combined 22 Unit Income Property. There is a Huge 56% Upside in Current Rents in a High Demand Rental Market. Recent 2016 Exterior /Interior Major Renovations. There is One 2 Bed / 1 Bath House with a New Roof, New Windows, New Stucco and New Paint. Inside there is a New Kitchen with Oak Cabinets, Granite Counter Tops, New Tile Flooring, New Bathroom, New Fixtures, Washer / Dryer Hook-up and a New Electrical Panel with a New Meter. The House is Separately Metered for Gas, Electric & Water. There is a Second 1 Bed / 1 Bath House also with a New Roof, New Windows, New Exterior Stucco and New Exterior Paint. It has a Washer / Dryer Hook-up and a New Electrical Panel with a New Meter. This House is Separately Metered for Gas, Electrical & Water. There are Four 1 Bed / 1 Bath Apartment Units in the Front of Property. They have New Windows, New Stucco and New Exterior Paint. Each of the Four Units has a Washer / Dryer Hook-up. One of the Four Units is Completely Renovated with Oak Cabinets, Granite Counter Tops, New Bathroom, New Tile Flooring and Fixtures Throughout. Each of the Four Apartment Units is Separately Metered for Gas & Electricity. There is New Concrete Covering the Entire Open Space of the Lot for Additional On Site Parking and Very Low Maintenance Cost.

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December, 2015
Dec 31, 2015

Date

Sold (Public Records)

Public Records

$1,716,000

Price
May, 2011
May 12, 2011

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2221 Wall St

Assessed Value (2020): $558,533

Year	Land Value	Improved Value	Assessed Value
2020	$270,608	$287,925	$558,533

About 2221 Wall St

Detailed summary of property

2221 Wall St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90011 and last sold on December 31, 2015 for $1,716,000. This property has 7 bedrooms, 6 bathrooms, roughly 3,187 living square feet, and sits on an approximately 9,034 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 53.21% higher than the current median priced home. 2221 Wall St was last sold on December 31, 2015 for $1,716,000. Local nearby listings include 1155 S Grand Ave #1014, 1155 S Grand Ave #101 and 1155 S Grand Ave #402. 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 2221 Wall St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2221 Wall St

Public county record property details

Beds: 7
Baths: 6
Year built: 1890
Sq. Ft.: 3,187
Lot Size: 9,034
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 24
APN: 5127-014-005

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$625,000

Median List Price/Sq.Ft.

$531

Median Sold Price

$590,000

Median Sold Price/Sq.Ft.

$438

Total Inventory

Median Sale to List Price %

102.61%

Avg Days on Market

Loan Type

Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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