2516 Malabar St, Los Angeles, CA 90033
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2516 Malabar St Los Angeles, CA 90033

$575,000 Sold Price as of 07/08/2020
  • 3 Beds
  • 1 Baths
  • 1,144 Sq.Ft.
Sold
$575,000 Sold Price as of 07/08/2020 Refinance Your Mortgage

Map preview of 2516 Malabar St, Los Angeles, CA 90033

Property Overview: 2516 Malabar St Los Angeles, CA has 3 bedrooms, 1 bathrooms, 1,144 living square feet and 6,994 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: INVESTOR OPPORTUNITY - R3 ZONING! First time on the market in 40+ years. Home is a 3BR/1BA with 1,144SF on a 6,994SF lot. The home has been very well maintained and cared for. Spacious living room with adjoining dining room. Kitchen has been updated with granite counters and lots of cabinets. Inside laundry room. Electrical panel is updated. Backyard has a covered patio with multiple fruit trees. There is a structure towards the back of the lot that is used to be used as a garage, but now is used for storage. There is an alley behind the home with a sliding gate, and lots of space for parking and easy access. Almost all of the neighboring properties have already multiple units. Great location and close to the freeway.

Listed by MICHELLE RISSER | BRE #01435646 | RE/MAX HORIZON
Last checked: 12 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
6,994
HOA Dues
$0/mo
Year built
1905
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
EV20107066
City
Los Angeles
County
Los Angeles
Time on Site
1235 days

Property Details for 2516 Malabar St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 1
  • Eating Area: Family Kitchen, Dining Room
  • Flooring: Carpet, Tile
  • All Bedrooms Down, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Master Bedroom
Kitchen Information
  • Granite Counters
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Granite Counters
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Carport, Attached Carport, Driveway, Concrete, Garage
  • No Attached Garage
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5177023004
  • Year Built Source: Assessor
  • Architectural Style: Traditional
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Off Soto & Malabar
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

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Sale History for 2516 Malabar St

Last sold for $575,000 on July 8th, 2020
  • July, 2020

  • Jul 8, 2020

    Date

    Sold

    CRMLS: EV20107066

    $575,000

    Price

  • Jun 10, 2020

    Date

    Active Under Contract

    CRMLS: EV20107066

    $570,000

    Price

  • Jun 10, 2020

    Date

    Active

    CRMLS: EV20107066

    $570,000

    Price

  • Jun 10, 2020

    Date

    Active Under Contract

    CRMLS: EV20107066

    $570,000

    Price

  • Jun 7, 2020

    Date

    Hold

    CRMLS: EV20107066

    $570,000

    Price

  • Jun 4, 2020

    Date

    Active

    CRMLS: EV20107066

    $570,000

    Price

Tax History for 2516 Malabar St

Assessed Value (2020): $37,372
Year Land Value Improved Value Assessed Value
2020 $23,505 $13,867 $37,372

Home Value Compared to the Market

This property vs the competition

2516 Malabar St sold on July 8, 2020 for 52.1% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $498.25 per/sqft which puts the price per square foot 34.01% lower than the current median sale per square foot for the city of Los Angeles.

About 2516 Malabar St

Detailed summary of property

2516 Malabar St is a single family home that recently sold in Los Angeles, CA 90033. This house offered 3 bedrooms, 1 bathrooms, roughly 1,144 living square feet, and sits on an approximately 6,994 square foot lot. 2516 Malabar St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $575,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 52.1% lower than the current median priced home. Local homes that are currently for sale include 3821 E 5th St, 1140 S Concord St and 493 Nassau Court. While the average home in Los Angeles, CA is selling in 95 days, 2516 Malabar St has a days on market of 2 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 2516 Malabar St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2516 Malabar St

Public county record property details
Beds
3
Baths
1
Year built
1905
Sq. Ft.
1,144
Lot Size
6,993
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5177-023-004

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,500
Median List Price/Sq.Ft.
$492
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$625
Total Inventory
8
Median Sale to List Price %
108.01%
Avg Days on Market
19
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.