2605 W 16Th Pl Los Angeles, CA 90019

$--

15 Beds
8 Baths
7,117 Sq.Ft.

Off Market

Map preview of 2605 W 16Th Pl, Los Angeles, CA 90019

Property Overview: 2605 W 16Th Pl Los Angeles, CA has 15 bedrooms, 8 bathrooms, 7,117 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2605 W 16Th Pl 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 2605 W 16Th Pl

View property's historical transactions

August, 2021
Aug 9, 2021

Date

Price Change

CRMLS: 320004287

$2,100,000

Price
Jun 2, 2021

Date

Price Change

CRMLS: 320004287

$2,250,000

Price
Jan 6, 2021

Date

Active

CRMLS: 320004287

$2,388,888

Price
Jan 4, 2021

Date

Hold

CRMLS: 320004287

$2,388,888

Price
Dec 8, 2020

Date

Active

CRMLS: 320004287

$2,388,888

Price
Listing provided courtesy of CRMLS

Great Investment Opportunity! Multi-Family Investment Income Property with 9 units, great income, and plenty of On-Site Parking. Great mix of units with two large 2 bed + 2 bath units, five 2 bed + 1 bath units, one 1 Bed + 1 bath unit, and a Bachelor unit. Full Occupancy. UNITS ARE SEPARATELY METERED FOR GAS AND ELECTRICITY except Bachelor Unit. SELLER REPRESENTS THE UPGRADES ARE: SOME UNITS HAVE UPGRADED VERTICAL AND HORIZONTAL PLUMBING TO COPPER; SOME UNITS HAVE BEEN REMODELED AND WINDOWS HAVE BEEN REPLACED; AND NEW 100 GAL. WATER HEATER. EASY ACCESS TO DOWNTOWN, HOLLYWOOD, WLA, 10FWY. RENT ROLL AND INCOMES & EXPENSES ARE AVAILABLE UPON REQUEST. Located in Arlington Heights. 2 story building, fully occupied. 15 parking spaces. Comprising 3 addresses into one building, located in the heart of Los Angeles at the corner of 16th place and Arlington Blvd., In an up and coming area that is close to downtown L.A., freeways, and major boulevards. Rent control Area.

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October, 2016
Oct 15, 2016

Date

Expired

CRMLS: 315011168

$1,685,000

Price
Aug 17, 2016

Date

Price Change

CRMLS: 315011168

$1,685,000

Price
Feb 22, 2016

Date

Price Change

CRMLS: 315011168

$1,728,000

Price
Nov 14, 2015

Date

Price Change

CRMLS: 315011168

$1,798,000

Price
Listing provided courtesy of CRMLS

**Major price reduction for quick sale. Located in Arlington Hights. Great investment opportunity, 2 story building, fully occupied, 10 units, one is non conforming unit and it is a Single. 14 parking spaces. Comprising 3 addresses into one building, located in the heart of Los Angeles at the corner of 16th place and Arlington Blvd., In a up and coming area that is close to downtown L.A., freeways, and major boulevards. Rent control area, long term tenants. Drive by only, please DO NOT disturb tenants. Corner of 16th Place and Arlington in Arlington Hights

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Tax History for 2605 W 16Th Pl

Assessed Value (2020): $527,613

Year	Land Value	Improved Value	Assessed Value
2020	$211,041	$316,572	$527,613

About 2605 W 16Th Pl

Detailed summary of property

2605 W 16Th Pl is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90019 and is currently off market. This property has 15 bedrooms, 8 bathrooms, roughly 7,117 living square feet, and sits on an approximately 7,500 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. Local nearby listings include 1035 Westchester Pl, 1052 S Wilton Pl and 2982 W 15th St. 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 2605 W 16Th Pl Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2605 W 16Th Pl

Public county record property details

Beds: 15
Baths: 8
Year built: 1958
Sq. Ft.: 7,117
Lot Size: 7,500
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5072-033-005

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,450,000

Median List Price/Sq.Ft.

$703

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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(714) 706-1823

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