2624 S Palm Grove Ave Los Angeles, CA 90016

$1,018,000 Sold Price as of 10/25/2017

3 Beds
3 Baths
1,600 Sq.Ft.

Off Market

$1,018,000 Sold Price as of 10/25/2017 Refinance Your Mortgage

Map preview of 2624 S Palm Grove Ave, Los Angeles, CA 90016

Property Overview: 2624 S Palm Grove Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,600 living square feet and 5,200 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2624 S Palm Grove 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 $1,209,000. 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 2624 S Palm Grove Ave

Last sold for $1,018,000 on October 25th, 2017

October, 2017
Oct 25, 2017

Date

Sold

CRMLS: 17269516

$1,018,000

Price
Sep 26, 2017

Date

Pending

CRMLS: 17269516

$895,000

Price
Sep 14, 2017

Date

Active

CRMLS: 17269516

$895,000

Price
Listing provided courtesy of CRMLS

This Montecito-styled Casa de Oro may easily be considered the best redone home in West Adams. An original 1920's Spanish, redeveloped to the highest standards in taste and style. Pass through an expansive front porch, and into an open main house that boasts original oak flooring throughout. This 3 bed/2 bath, has been entirely rebuilt offering all the luxuries of a new home, including: central air, new plumbing, electrical, and clay tiled roof. The Master quarters, with a walk in closet; stunning bathroom; and separate exit to the back porch, makes for a true retreat. Saltillo tiles and a butcher block center island warms the kitchen. But what makes South Palm Grove truly the best home in the area, is that it comes with a permitted detached second unit. A stylish 1 bed/1 bath, with both Barn and French door entry ways, which would make for a perfect supplemental income unit, or a cozy work/guest suite. Near to where all the new amenities are arriving, in LA's hottest new neighborhood

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October, 2017
Oct 25, 2017

Date

Sold (Public Records)

Public Records

$1,018,000

Price
November, 2016
Nov 10, 2016

Date

Sold (Public Records)

Public Records

$525,000

Price

Tax History for 2624 S Palm Grove Ave

Assessed Value (2020): $1,059,127

Year	Land Value	Improved Value	Assessed Value
2020	$728,280	$330,847	$1,059,127

About 2624 S Palm Grove Ave

Detailed summary of property

2624 S Palm Grove Ave is a single family home in Los Angeles, CA 90016 and last sold on October 25, 2017 for $1,018,000. This house has 3 bedrooms, 3 bathrooms, roughly 1,600 living square feet, and sits on an approximately 5,200 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 9.11% lower than the current median priced home. 2624 S Palm Grove Ave was last sold on October 25, 2017 for $1,018,000. Local nearby listings include 2619 S Mansfield Ave, 2725 S La Brea Ave and 2654-1 S Mansfield Ave. 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 2624 S Palm Grove Ave Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2624 S Palm Grove Ave

Public county record property details

Beds: 3
Baths: 3
Year built: 1924
Sq. Ft.: 1,600
Lot Size: 5,200
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 503
APN: 5057-010-022

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,000,000

Median List Price/Sq.Ft.

$714

Median Sold Price

$1,012,000

Median Sold Price/Sq.Ft.

$691

Total Inventory

Median Sale to List Price %

101.2%

Avg Days on Market

Loan Type

Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

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