2821 Wabash Ave Los Angeles, CA 90033

$524,000 Sold Price as of 05/08/2007

5 Beds
4 Baths
4,345 Sq.Ft.

Off Market

$524,000 Sold Price as of 05/08/2007 Refinance Your Mortgage

Map preview of 2821 Wabash Ave, Los Angeles, CA 90033

Property Overview: 2821 Wabash Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 4,345 living square feet and 7,522 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2821 Wabash 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 2821 Wabash Ave

Last sold for $524,000 on May 8th, 2007

October, 2018
Oct 5, 2018

Date

Active

CRMLS: 18391778

$1,025,000

Price
Listing provided courtesy of CRMLS

Strategically located in the heart of the ever-gentrifying Boyle Heights, the asset is on Wabash Avenue in between N. Evergreen Avenue and Forest Avenue, providing easy access to the 10 freeway. The property is located near the LAC+USC Medical Center. Boyle Heights is densely populated with over 300,000 people within a three-mile radius, and more than 800,000 people in a five-mile radius of the subject property. 2821 Wabash Avenue is a mixed-use property consisting of two retail spaces and five apartments (three of which are non-conforming) encompassing ± 4,345 SF of gross leasable area and ± 7,522 SF of land. The subject property presents a value-add opportunity with over 60% upside potential in rents. Retail tenants are on month-to-month leases allowing new ownership to increase rents immediately and add tremendous value.

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May, 2007
May 8, 2007

Date

Sold (Public Records)

Public Records

$524,000

Price
May, 2007
May 8, 2007

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2821 Wabash Ave

Assessed Value (2020): $957,994

Year	Land Value	Improved Value	Assessed Value
2020	$643,156	$314,838	$957,994

About 2821 Wabash Ave

Detailed summary of property

2821 Wabash Ave is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90033 and last sold on May 8, 2007 for $524,000. This property has 5 bedrooms, 4 bathrooms, roughly 4,345 living square feet, and sits on an approximately 7,522 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 53.21% lower than the current median priced home. 2821 Wabash Ave was last sold on May 8, 2007 for $524,000. Local nearby listings include 1839 Jones Ave, 1197 N Bonnie Beach Pl and 920 N Hazard Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 2821 Wabash Ave Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2821 Wabash Ave

Public county record property details

Beds: 5
Baths: 4
Year built: 1923
Sq. Ft.: 4,345
Lot Size: 7,522
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 28
APN: 5177-012-020

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$749,000

Median List Price/Sq.Ft.

$444

Median Sold Price

$660,000

Median Sold Price/Sq.Ft.

$700

Total Inventory

Median Sale to List Price %

96.35%

Avg Days on Market

Loan Type

Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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