2817 S Norton Ave Los Angeles, CA 90018

$810,000 Sold Price as of 12/23/2016

2 Beds
3 Baths
2,325 Sq.Ft.

Off Market

$810,000 Sold Price as of 12/23/2016 Refinance Your Mortgage

Map preview of 2817 S Norton Ave, Los Angeles, CA 90018

Property Overview: 2817 S Norton Ave Los Angeles, CA has 2 bedrooms, 3 bathrooms, 2,325 living square feet and 6,623 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2817 S Norton 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 $1,250,000. The median price per/sqft for Los Angeles is $777. 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 $250,000 for the down payment and will need roughly $25,000 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 $59,500. 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 2817 S Norton Ave

Last sold for $810,000 on December 23rd, 2016

December, 2016
Dec 29, 2016

Date

Sold

CRMLS: 16177498

$810,000

Price
Dec 21, 2016

Date

Pending

CRMLS: 16177498

$799,999

Price
Nov 20, 2016

Date

Active Under Contract

CRMLS: 16177498

$799,999

Price
Nov 4, 2016

Date

Active

CRMLS: 16177498

$799,999

Price
Listing provided courtesy of CRMLS

Triplex in prime location adjacent to Jefferson Park! Sale Price $799,999, GSI = $59,952, GRM = 13.34, Cap Rate = 5.65%. Unit #1: Completely remodeled 2BD+1BA. Over 950 sq.ft. Open floor plan. Spacious family great room. Newly designed kitchen. Granite countertops. Hardwood flooring. Recessed lights. Remodeled bathroom. One car garage included. Delivered vacant. Fair market rent at $1975+/month. Unit #2: Updated 2BD+1BA. Bathroom completely new. Over 950 sq.ft. One car garage included. Long term tenant rented at $1421/month. Unit #3: 2BD+2BA. Over 650 sq.ft. Offered for rent at $1600/month. Close to public transportation with new Expo and soon-to-be-completed Crenshaw lines. Near historic West Adams. Adjacent to Jefferson Park HPOZ. Easy commute to Hollywood, downtown LA, or Santa Monica. Great property. Wont last!

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December, 2016
Dec 23, 2016

Date

Sold (Public Records)

Public Records

$810,000

Price
October, 2016
Oct 31, 2016

Date

Canceled

CRMLS: 16150598

$849,000

Price
Oct 5, 2016

Date

Price Change

CRMLS: 16150598

$849,000

Price
Aug 5, 2016

Date

Price Change

CRMLS: 16150598

$795,000

Price
Listing provided courtesy of CRMLS

Triplex in prime location adjacent to Jefferson Park! TWO UNITS VACANT! Sale Price $849,000, GSI = $60,792, GRM = 13.97, Cap Rate = 5.4%. Unit #1: Completely remodeled 2BD+1BA. Over 960 sq.ft. Open floor plan. Spacious family great room. Newly designed kitchen. Granite countertops. Hardwood flooring. Recessed lights. Bathroom completely new. One car garage included. DELIVERED VACANT. Fair market rent at $1950+/month. Unit #2: Updated 2BD+1BA. Bathroom completely new. Over 960 sq.ft. One car garage included. Long term tenant rented at $1421/month. Unit #3: 2BD+2BA. Over 600 sq.ft. DELIVERED VACANT. Fair market rent at $1695+/month. Close to public transportation with new Expo and soon-to-be-completed Crenshaw lines. Near historic West Adams. Adjacent to Jefferson Park HPOZ. Easy commute to Hollywood, downtown LA, or Santa Monica. This is a good quality property. Wont last!

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March, 2007
Mar 22, 2007

Date

Sold (Public Records)

Public Records

$662,500

Price

Tax History for 2817 S Norton Ave

Assessed Value (2020): $901,028

Year	Land Value	Improved Value	Assessed Value
2020	$609,242	$291,786	$901,028

About 2817 S Norton Ave

Detailed summary of property

2817 S Norton Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90018 and last sold on December 23, 2016 for $810,000. This property has 2 bedrooms, 3 bathrooms, roughly 2,325 living square feet, and sits on an approximately 6,623 square foot lot. Homes 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 31.93% lower than the current median priced home. 2817 S Norton Ave was last sold on December 23, 2016 for $810,000. Local nearby listings include 2607 W 36th St, 2203 S Palm Grove Ave and 1726 Crenshaw Blvd. The average home in Los Angeles, CA is selling in 92 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. If you are the homeowner and looking to sell the home at 2817 S Norton 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 2817 S Norton Ave

Public county record property details

Beds: 2
Baths: 3
Year built: 1925
Sq. Ft.: 2,325
Lot Size: 6,623
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5051-009-016

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

$949,000

Median List Price/Sq.Ft.

$684

Median Sold Price

$950,000

Median Sold Price/Sq.Ft.

$603

Total Inventory

Median Sale to List Price %

105.67%

Avg Days on Market

Loan Type

Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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