257 S Park View St, Los Angeles, CA 90057
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257 S Park View St Los Angeles, CA 90057

$850,000 Sold Price as of 02/01/2023
  • 3 Beds
  • 1.5 Baths
  • 1,284 Sq.Ft.
Sold
$850,000 Sold Price as of 02/01/2023 Refinance Your Mortgage

Map preview of 257 S Park View St, Los Angeles, CA 90057

Property Overview: 257 S Park View St Los Angeles, CA has 3 bedrooms, 1.5 bathrooms, 1,284 living square feet and 6,847 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property has lots of potential. R3 Zoning for a multi-unit building.Beautifully remodeled property. Granite countertops & cabinets. Central heating and the air conditioner, have a basement to store lots of things and much more. Spacious, well-maintained home ideal for building to suit multi-family residence Ample parking in front and back. Don't miss out great opportunity to live or an excellent investment. The title shows 1Bed / 1 Bath but the owner uses 3Br +1.5Ba. Zimas shows the lot size is 6,764. Buyer to verify permit with the city. Please call L.A for showing.

Listed by Seong Kelly Chong | BRE #01273557 | Dream Realty Asset Mgt, Inc.
Last checked: 9 minutes ago | Last updated: December 27th, 2023 | Source CRMLS | DOM: 139

Home details

Lot Sq. Ft
6,847
HOA Dues
$0/mo
Year built
1915
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
22153945
City
Los Angeles
County
Los Angeles
Time on Site
745 days

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Property Details for 257 S Park View St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Auto Driveway Gate, Paved, Garage Door Opener
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Parcel Number: 5154015015
  • Architectural Style: See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Between 3rd St & Beverly Bl and, between Rampart Bl & Alvarado St.
View more facts & features

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Sale History for 257 S Park View St

Last sold for $850,000 on February 1st, 2023
  • December, 2023

  • Dec 27, 2023

    Date

    Canceled

    CRMLS: 23295417

    $1,200,000

    Price

  • Aug 4, 2023

    Date

    Active

    CRMLS: 23295417

    $1,249,000

    Price

  • Listing provided courtesy of CRMLS

    Now presenting, 257 S Park View St, a ready-to-issue (RTI) development opportunity on a quiet residential street primely located in Westlake, a burgeoning neighborhood nestled between some of LA's liveliest hubs. Tucked right in the center of Downtown LA, Koreatown, Echo Park, and Silverlake, this future development is guaranteed to quickly yield happy renters. The 6,765 SF lot is zoned LAR3 permitting a building height of up to 39 FT plus SB8 clearance is on hand confirming that no low-income replacement units are required, further demonstrating the major upside on the property. The RTI plans call for the demolition of the existing structure to build four townhomes with rooftop decks and one ADU for a total of 5 units, 17 bedrooms and 17 bathrooms totalling approx. 8,000 SF of living space. Currently on the lot is a vacant 1,284 SF 3-bedroom, 1.5-bathroom single family home with a detached shed. Additionally, the perimeter of the lot is lined by 15-foot bamboo providing tranquil ambience and built-in privacy. The planned development boasts townhomes with large 3- and 4-bedroom floor plans ranging from 1,500-2,000 SF each coming complete with private rooftop decks and balconies. The smallest unit is the 2-bedroom, 2-bathroom ADU which comes in at 1,000 SF plus a large private backyard which both bedrooms will have direct access to. Westlake is a vibrant community that is home to historic Macarthur Park, Vista Hermosa Natural Park, Los Angeles Surge Hospital (f.k.a. St. Vincent Medical Center), and a plethora of boutiques, cafes, and restaurants. The prime location of this lot coupled with large floor plans that provide ample outdoor space in the heart of LA is an unrivaled combination sure to garner premium tenants. Contact listing agents for plans and permit details. Inquire about this development opportunity today!

  • February, 2023

  • Feb 1, 2023

    Date

    Sold

    CRMLS: 22153945

    $850,000

    Price

  • May 5, 2022

    Date

    Active

    CRMLS: 22153945

    $1,099,000

    Price

  • September, 2015

  • Sep 2, 2015

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • November, 2012

  • Nov 19, 2012

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

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Tax History for 257 S Park View St

Assessed Value (2020): $649,456
Year Land Value Improved Value Assessed Value
2020 $519,566 $129,890 $649,456

Home Value Compared to the Market

This property vs the competition

257 S Park View St sold on February 1, 2023 for 16.05% 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 $778.04 per/sqft which puts the price per square foot 3.05% higher than the current median sale per square foot for the city of Los Angeles.

About 257 S Park View St

Detailed summary of property

257 S Park View St is a single family home that recently sold in Los Angeles, CA 90057. This house offered 3 bedrooms, 1.5 bathrooms, roughly 1,284 living square feet, and sits on an approximately 6,847 square foot lot. 257 S Park View St was first listed on ArdentRealEstateGroup.com on May 6, 2022. The homeowner sold the property for $850,000. 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 16.05% lower than the current median priced home. Local homes that are currently for sale include 1234 Wilshire Blvd #607, 820 Columbia Ave and 1100 Wilshire Blvd #1708. While the average home in Los Angeles, CA is selling in 92 days, 257 S Park View St has a days on market of 139 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 257 S Park View St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 257 S Park View St

Public county record property details
Beds
1
Baths
1
Year built
1915
Sq. Ft.
1,284
Lot Size
6,764
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
71
APN
5154-015-015

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$365,000
Median Sold Price/Sq.Ft.
$773
Total Inventory
12
Median Sale to List Price %
104.58%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 257 S Park View St

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.