3061 Wabash Ave Los Angeles, CA 90063

$475,000 Sold Price as of 02/05/2020

-- Beds
-- Baths
1,347 Sq.Ft.

Off Market

$475,000 Sold Price as of 02/05/2020 Refinance Your Mortgage

Map preview of 3061 Wabash Ave, Los Angeles, CA 90063

Property Overview: 3061 Wabash Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,347 living square feet and 2,839 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3061 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 3061 Wabash Ave

Last sold for $475,000 on February 5th, 2020

February, 2020
Feb 5, 2020

Date

Sold (Public Records)

Public Records

$475,000

Price
October, 2019
Oct 10, 2019

Date

Expired

CRMLS: SR19082498

$350,000

Price
Apr 11, 2019

Date

Active

CRMLS: SR19082498

$350,000

Price
Listing provided courtesy of CRMLS

Small Medical/Dental Office close to USC Medical Center. The subject property consists of a rectangular-shaped parcel located on the northeast corner of Wabash Avenue and Sentinel Avenue in Boyle Heights. The property is situated on a 2,860 square foot lot with a developed 1,347 square foot, single-story, single tenant office building. The property is currently an unoccupied dental office with four (4) operatories, reception area, sterilization room, doctor's office, large waiting room, two (2) bathrooms, file room and a kitchen. Also included is older Ritter X-Ray equipment, built in gas lines for nitrogen and gas, and a camera system. The property can easily be accessed from the 10 freeway by exiting on N. Soto Street. The property is also located very close to LAC/USC Medical Center and is perfect for medical use. As a result of a Phase I Site Assessment conducted in November of 2017, the subject property appears to have a recognized environmental condition due to past onsite gasoline service station which operated on the site from 1925 to 1970. A Phase II Subsurface Site Assessment was performed and the recommendations for remediation are available upon request. Property to be sold in “As-Is” condition. Seller has reduced price dramatically to accommodate a sale.

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January, 2009
Jan 16, 2009

Date

Sold (Public Records)

Public Records

$231,000

Price

Tax History for 3061 Wabash Ave

Assessed Value (2020): $271,991

Year	Land Value	Improved Value	Assessed Value
2020	$200,169	$71,822	$271,991

About 3061 Wabash Ave

Detailed summary of property

3061 Wabash Ave is categorized with a use code of Professional Bldg (Legal; Insurance; Real Estate; Business) in Los Angeles, CA 90063 and last sold on February 5, 2020 for $475,000. This property has -- bedrooms, -- bathrooms, roughly 1,347 living square feet, and sits on an approximately 2,839 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 57.59% lower than the current median priced home. 3061 Wabash Ave was last sold on February 5, 2020 for $475,000. Local nearby listings include 1197 N Bonnie Beach Pl, 1839 Jones Ave and 537 N Cummings St. 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 3061 Wabash Ave Los Angeles, CA 90063 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3061 Wabash Ave

Public county record property details

Beds: --
Baths: --
Year built: 1970
Sq. Ft.: 1,347
Lot Size: 2,839
Stories: 1

Type: Professional Bldg (Legal; Insurance; Real Estate; Business)
Pool: No
Spa: No
County: Los Angeles
Lot#: 114
APN: 5229-027-016

The source for these homes facts are from public records.

90063 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$650,000

Median List Price/Sq.Ft.

$592

Median Sold Price

$600,000

Median Sold Price/Sq.Ft.

$627

Total Inventory

Median Sale to List Price %

100.17%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (28.57%), VA (0%), Cash (0%), Other (14.29%)

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