244 N Park View St Los Angeles, CA 90026

$2,600,000 Sold Price as of 10/23/2018

12 Beds
12 Baths
5,269 Sq.Ft.

Off Market

$2,600,000 Sold Price as of 10/23/2018 Refinance Your Mortgage

Map preview of 244 N Park View St, Los Angeles, CA 90026

Property Overview: 244 N Park View St Los Angeles, CA has 12 bedrooms, 12 bathrooms, 5,269 living square feet and 8,022 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

244 N 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 244 N Park View St

Last sold for $2,600,000 on October 23rd, 2018

October, 2018
Oct 23, 2018

Date

Sold

CRMLS: BB18257292

$2,600,000

Price
Oct 23, 2018

Date

Active

CRMLS: BB18257292

$2,600,000

Price
Listing provided courtesy of CRMLS

244 N Park View St is a brand new construction luxury fourplex located in the trendy Silver Lake/Echo Park adjacent area. The sleek modern units sit atop a slope and have stunning 360 views of Los Angeles, including a straight shot of the Hollywood sign. This property is not subject to rent control, so you can enjoy freedom, profit and peace of mind with a 5.47% projected cap rate. The property has two duplexes made up of four 3 bed / 3 bath units. The pro forma rents on these enormous units range from $3,800-$3,900. The units will feature top of the line appliances, high quality finishes, spacious floor plans, laundry hookups in each unit, 2 parking spaces per unit, and unbeatable views. This fourplex is in just about the best location! 244 N Park View St is conveniently located just minutes from Sunset Junction, Downtown Los Angeles, Rampart Village, Koreatown and many more action-packed areas that are home to countless restaurants, shops and bars.

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October, 2018
Oct 23, 2018

Date

Sold (Public Records)

Public Records

$2,600,000

Price
June, 2017
Jun 8, 2017

Date

Sold

CRMLS: P0-317003630

$720,000

Price
Jun 2, 2017

Date

Pending

CRMLS: P0-317003630

--

Price
Listing provided courtesy of CRMLS

Situated at the top of a hill with views of the Hollywood sign and Mid-Wilshire skyline, this 3 bedroom 1 bath home has lots of potential! First time on the market in over 60 years. Features include: covered front porch, spacious living room, dining area with built-ins, kitchen with tiled counters, large laundry room, covered screened patio, and a large enclosed yard of over 8,000 square feet. Centrally located in Los Angeles near Echo Park, Silver Lake, and Koreatown, its also just a short drive to Hollywood, Downtown Los Angeles, Dodger Stadium, and Staples Center. Be a part of an up and coming area that is very close to an area the L.A. Weekly declared the hippest place to live in L.A..

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June, 2017
Jun 7, 2017

Date

Sold (Public Records)

Public Records

$720,000

Price

Tax History for 244 N Park View St

Assessed Value (2020): $2,652,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,591,200	$1,060,800	$2,652,000

About 244 N Park View St

Detailed summary of property

244 N Park View St is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90026 and last sold on October 23, 2018 for $2,600,000. This property has 12 bedrooms, 12 bathrooms, roughly 5,269 living square feet, and sits on an approximately 8,022 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 132.14% higher than the current median priced home. 244 N Park View St was last sold on October 23, 2018 for $2,600,000. Local nearby listings include 647 Parkman Ave, 140 S Vendome St and 738 N Vendome St. 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 244 N Park View St 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 244 N Park View St

Public county record property details

Beds: 12
Baths: 12
Year built: 2018
Sq. Ft.: 5,269
Lot Size: 8,022
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 5157-012-004

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

$1,200,000

Median List Price/Sq.Ft.

$813

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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