2627 Brighton Ave Los Angeles, CA 90018

$6,750,000 Sold Price as of 07/29/2019

14 Beds
9 Baths
6,542 Sq.Ft.

Off Market

$6,750,000 Sold Price as of 07/29/2019 Refinance Your Mortgage

Map preview of 2627 Brighton Ave, Los Angeles, CA 90018

Property Overview: 2627 Brighton Ave Los Angeles, CA has 14 bedrooms, 9 bathrooms, 6,542 living square feet and 7,099 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2627 Brighton 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 $1,200,000. 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 $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 2627 Brighton Ave

Last sold for $6,750,000 on July 29th, 2019

December, 2020
Dec 7, 2020

Date

Withdrawn

CRMLS: SB20158198

$3,990,000

Price
Oct 8, 2020

Date

Active

CRMLS: SB20158198

$3,990,000

Price
Sep 18, 2020

Date

Pending

CRMLS: SB20158198

$3,990,000

Price
Sep 1, 2020

Date

Price Change

CRMLS: SB20158198

$3,990,000

Price
Aug 6, 2020

Date

Active

CRMLS: SB20158198

$4,230,000

Price
Listing provided courtesy of CRMLS

Price just reduced by $240,000!!! 2627 and 2631 Brighton Avenue is the perfect investment opportunity for today’s astute multifamily investor looking to invest in trendy and hip West Adams/Jefferson Park! The property features two buildings, both with nine units each. This investment features tremendous projected upside potential of 57% +/-! Three of the units have been turned by current ownership, leaving ample room for a value-add opportunity. The two buildings are situated on a large 14,198 square foot combined lot, and are made up of an attractive unit mix of 10 Two bedroom units and 8 One bedroom units. Units are very large, well laid out, and are all individually metered for gas and electricity. The property also features onsite laundry and ample parking for the tenant’s convenience. The grounds provide a quiet, pleasant courtyard for tenant’s enjoyment, and this dynamic neighborhood is ever changing - immersed with terrific amenities, shops, developments and dining!

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July, 2019
Jul 29, 2019

Date

Sold (Public Records)

Public Records

$6,750,000

Price

Tax History for 2627 Brighton Ave

Assessed Value (2020): $1,925,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,347,500	$577,500	$1,925,000

About 2627 Brighton Ave

Detailed summary of property

2627 Brighton Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90018 and last sold on July 29, 2019 for $6,750,000. This property has 14 bedrooms, 9 bathrooms, roughly 6,542 living square feet, and sits on an approximately 7,099 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 502.68% higher than the current median priced home. 2627 Brighton Ave was last sold on July 29, 2019 for $6,750,000. Local nearby listings include 1460 W 35th St, 1408 W 35th St and 3107 S Harvard Blvd. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 2627 Brighton Ave Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2627 Brighton Ave

Public county record property details

Beds: 14
Baths: 9
Year built: 1963
Sq. Ft.: 6,542
Lot Size: 7,099
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 19
APN: 5053-028-034

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$995,000

Median List Price/Sq.Ft.

$632

Median Sold Price

$1,040,000

Median Sold Price/Sq.Ft.

$672

Total Inventory

Median Sale to List Price %

104.1%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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(714) 706-1823

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