271 Loring Ave Los Angeles, CA 90024

$5,400,000 Sold Price as of 06/21/2019

4 Beds
5 Baths
3,869 Sq.Ft.

Off Market

$5,400,000 Sold Price as of 06/21/2019 Refinance Your Mortgage

Map preview of 271 Loring Ave, Los Angeles, CA 90024

Property Overview: 271 Loring Ave Los Angeles, CA has 4 bedrooms, 5 bathrooms, 3,869 living square feet and 15,444 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

271 Loring 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 $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 271 Loring Ave

Last leased for $18,000 on September 15th, 2020

September, 2020
Sep 15, 2020

Date

Leased

CRMLS: 20580624

$18,000

Price
Jul 1, 2020

Date

Price Change

CRMLS: 20580624

$18,995

Price
May 20, 2020

Date

Active

CRMLS: 20580624

$19,995

Price
Listing provided courtesy of CRMLS

Check out the new 3-D tour of this house plus guesthouse! East Coast traditional meets Old Hollywood glam on one of the most beautiful streets in Little Holmby! This elegant and unique home has loads of old-world charm preserved amid the amenities of modern living. Level 1 features living room and family room both w decorative fireplaces, formal dining room, huge well-equipped eat-in kitchen, maid's suite, office/den, screened in back porch. Up is elegant master suite with decorative fireplace and opulent spa-like master bthrm, 3 more bdrms, 2 more baths, office and laundry. The lower level has more laundry and huge storage areas; 2-car garage with EV charger. Lots of nooks and crannies perfect for private Zoom meetings! Backyard pool along with pizza oven, patio and huge grassy yard. Newly refinished hrdwd floors. Spacious guest house overlooking pool has hi ceiling, decorative fireplace and bthrm. 18 month lease minimum, long term lease ok. All fireplaces decorative.

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May, 2020
May 19, 2020

Date

Expired

CRMLS: 20554774

$19,995

Price
Feb 19, 2020

Date

Active

CRMLS: 20554774

$19,995

Price
Listing provided courtesy of CRMLS

House plus guesthouse! East Coast traditional meets Old Hollywood glam on one of the most beautiful streets in Little Holmby! This elegant and unique home has loads of character, spacious rooms and plenty of old-world charm preserved amid the amenities of modern living. First level features living room and family room with fireplc, formal dining room, huge well-equipped eat-in kitchen, maid's suite, office/den, and old-fashioned screened in back porch. Up is elegant master suite with fireplace and opulent spa-like master bathroom, 3 more bedrooms and 2 more baths, an office. and laundry. The lower level has more laundry and huge storage areas; 2-car garage with electric charger. Enjoy the pool in the backyard along with the barbeque, pizza oven, patio and large grassy yard. Newly refinished hrdwd floors throughout. The spacious guest house overlooking the pool has high ceiling,fireplace and bathroom. All fireplaces are decorative, long term lease available.

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June, 2019
Jun 21, 2019

Date

Sold (Public Records)

Public Records

$5,400,000

Price
June, 2003
Jun 26, 2003

Date

Sold (Public Records)

Public Records

$2,825,000

Price

Tax History for 271 Loring Ave

Assessed Value (2020): $5,508,000

Year	Land Value	Improved Value	Assessed Value
2020	$3,468,000	$2,040,000	$5,508,000

About 271 Loring Ave

Detailed summary of property

271 Loring Ave is a single family home in Los Angeles, CA 90024 and last sold on June 21, 2019 for $5,400,000. This house has 4 bedrooms, 5 bathrooms, roughly 3,869 living square feet, and sits on an approximately 15,444 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 382.14% higher than the current median priced home. 271 Loring Ave was last sold on June 21, 2019 for $5,400,000. Local nearby listings include 530 S Mapleton Dr, 320 St Pierre Rd and 320 St Pierre Rd. 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 271 Loring Ave Los Angeles, CA 90024 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 271 Loring Ave

Public county record property details

Beds: 4
Baths: 5
Year built: 1940
Sq. Ft.: 3,869
Lot Size: 15,444
Stories: --

Type: Single Family Residential
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 22
APN: 4359-002-022

The source for these homes facts are from public records.

90024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,299,000

Median List Price/Sq.Ft.

$819

Median Sold Price

$1,245,000

Median Sold Price/Sq.Ft.

$697

Total Inventory

180

Median Sale to List Price %

96.14%

Avg Days on Market

Loan Type

Conventional (3.13%), FHA (0%), VA (0%), Cash (9.38%), Other (3.13%)

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