2400 Merton Ave Los Angeles, CA 90041

$656,000 Sold Price as of 11/25/2015

2 Beds
2 Baths
1,360 Sq.Ft.

Off Market

$656,000 Sold Price as of 11/25/2015 Refinance Your Mortgage

Map preview of 2400 Merton Ave, Los Angeles, CA 90041

Property Overview: 2400 Merton Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,360 living square feet and 5,358 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2400 Merton 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 $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 2400 Merton Ave

Last sold for $656,000 on November 25th, 2015

November, 2015
Nov 25, 2015

Date

Sold (Public Records)

Public Records

$656,000

Price
November, 2015
Nov 25, 2015

Date

Sold (Public Records)

Public Records

--

Price
October, 2015
Oct 7, 2015

Date

Price Change

CRMLS: 315007587

$639,000

Price
Jul 27, 2015

Date

Price Change

CRMLS: 315007587

$681,000

Price
Listing provided courtesy of CRMLS

Major Price Reduction! Great opportunity to purchase in one of Northeast Los Angeles' prime communities Eagle Rock! A duplex (2 unit) each w/1BR/1BA, living room w/original built-in wood shelving & fireplace/mantle, formal dining room w/original wood built-in hutch, kitchen w/original cabinets & tile countertops, bedrooms w/walk-in closets & built-in shelving, utility room w/original built-in ironing boards in EACH unit. These are mirror units. PLUS+++ a bonus finished garage w/ Bathroom (possibly unpermited) & a large separate 1-car attached garage w/work benches & laundry hookups. Updated systems: full copper plumbing, 1 Tagaki tankless water heater, updated full electrical, newer roof & interior was recently fully painted. Seller has just refinished the original hardwood floors throughout (looks amazing!) + original doors w/glass knobs are still present & all original windows in most of property. Property is grandfathered into a desirable R1 zone

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Tax History for 2400 Merton Ave

Assessed Value (2020): $721,621

Year	Land Value	Improved Value	Assessed Value
2020	$562,440	$159,181	$721,621

About 2400 Merton Ave

Detailed summary of property

2400 Merton Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90041 and last sold on November 25, 2015 for $656,000. This property has 2 bedrooms, 2 bathrooms, roughly 1,360 living square feet, and sits on an approximately 5,358 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 41.43% lower than the current median priced home. 2400 Merton Ave was last sold on November 25, 2015 for $656,000. Local nearby listings include 1872 Montiflora Ave, 4509 Corliss St and 2856 Palmer Dr. 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 2400 Merton Ave 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 2400 Merton Ave

Public county record property details

Beds: 2
Baths: 2
Year built: 1924
Sq. Ft.: 1,360
Lot Size: 5,358
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11
APN: 5682-020-025

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.

$776

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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(714) 706-1823

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