3117 Bagley Ave Los Angeles, CA 90034

$1,130,000 Sold Price as of 05/15/2018

2 Beds
2 Baths
1,758 Sq.Ft.

Off Market

$1,130,000 Sold Price as of 05/15/2018 Refinance Your Mortgage

Map preview of 3117 Bagley Ave, Los Angeles, CA 90034

Property Overview: 3117 Bagley Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,758 living square feet and 6,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3117 Bagley 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 $1,249,000. The median price per/sqft for Los Angeles is $772. 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 $249,800 for the down payment and will need roughly $24,980 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 $52,500. 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 3117 Bagley Ave

Last sold for $1,130,000 on May 15th, 2018

July, 2023
Jul 10, 2023

Date

Expired

CRMLS: 23240423

$1,849,000

Price
Feb 9, 2023

Date

Active

CRMLS: 23240423

$2,000,000

Price
Listing provided courtesy of CRMLS

REDUCED! We are proud to exclusively present for sale a redevelopment opportunity in Palms, Los Angeles. Situated on Bagley Ave., between National Blvd. and Kincardine Ave., this 6,400 SF R3-1 Tier 3 lot is very close to Downtown Culver City. The 12 Unit Project is very close to getting the Letter of Determination ("LOD") issued. The plans have already been submitted to the City. The Project consists of three 1+1, eight 2+2, and one 3+2 units. Two units will be dedicated to Affordable Housing (one Extremely Low Income and the other Very Low Income). Convert the Common Room on the 2nd Floor to an ADU! Four stories over on-grade concrete podium parking, this Project will provide 6 parking spaces. Future residents will enjoy a rooftop that will have great views of Los Angeles. With an average household income over $118,000 within a one mile radius, the future rental pool for this Project is very promising. This property is located in the Palms neighborhood of Los Angeles, sitting between the Cheviot Hills Shopping Center and the Cheviot Hills High School (which is part of Hamilton High School). The neighborhood borders Culver City, one of the hottest areas in Greater Los Angeles. Culver City is home to large public companies including Apple, Amazon and Sony Picture Studios campuses. Easy access to the 10 freeway makes this property an easy commute to all areas around Los Angeles. Currently a Duplex is on site; the property will be delivered vacant.

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December, 2019
Dec 26, 2019

Date

Expired

CRMLS: 19484716

$1,995,000

Price
Nov 1, 2019

Date

Withdrawn

CRMLS: 19484716

$1,995,000

Price
Jul 3, 2019

Date

Active

CRMLS: 19484716

$1,995,000

Price
Listing provided courtesy of CRMLS

TOC Approved, Process of being entitled. This is an opportunity to develop a 16-unit apartment building minutes from the heart of Downtown Culver City where ground breaking developments are underway. TOC Tier 3 Approved! Expected to be RTI by January 2020. Conservative projected gross Income of $507,612/year. 3-minute walk to the IVY Station and 8777 Washington development (that has been leased out by Apple.) 3 units are designated to Very Low Income. 4-studios, 8-1 bedrooms, 4-2 bedrooms. 3 units are set aside for Very Low income.

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December, 2019
Dec 26, 2019

Date

Expired

CRMLS: 19484266

$1,995,000

Price
Nov 1, 2019

Date

Withdrawn

CRMLS: 19484266

$1,995,000

Price
Jul 2, 2019

Date

Active

CRMLS: 19484266

$1,995,000

Price
Listing provided courtesy of CRMLS

TOC Approved, being entitled. This is an opportunity to develop a 16-unit apartment building minutes from the heart of Downtown Culver City where ground breaking developments are underway. TOC Tier 3 Approved! Expected to be RTI by January 2020. Conservative projected gross Income of $507,612/year. 3-minute walk to the IVY Station and 8777 Washington development (that has been leased out by Apple.) 3 units are designated to Very Low Income.

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May, 2018
May 15, 2018

Date

Sold

CRMLS: SR18062483

$1,130,000

Price
May 7, 2018

Date

Pending

CRMLS: SR18062483

$1,345,000

Price
Apr 17, 2018

Date

Price Change

CRMLS: SR18062483

$1,345,000

Price
Apr 17, 2018

Date

Active

CRMLS: SR18062483

$1,200,000

Price
Apr 11, 2018

Date

Active Under Contract

CRMLS: SR18062483

$1,200,000

Price
Mar 29, 2018

Date

Pending

CRMLS: SR18062483

$1,200,000

Price
Mar 19, 2018

Date

Active

CRMLS: SR18062483

$1,200,000

Price
Listing provided courtesy of CRMLS

This is an excellent investment opportunity in a prime West Los Angeles neighborhood. This fully rented duplex property is in Palms, super close to Beverlywood with steady rental income and good cap rate, excellent tenants with pride of ownership, low maintenance, shared laundry room, beautiful backyard, tons of parking for both units, new fencing on north side of property, close to exposition line and other modes of transportation, shops and minutes from downtown Culver City. For developers this property is in Tier 3 of TOC. Owner pays water, trash, electric and gas. Buyer to cooperate with seller's 1031 exchange of property. Do NOT disturb occupants.

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May, 2018
May 15, 2018

Date

Sold (Public Records)

Public Records

$1,130,000

Price
April, 2014
Apr 29, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 3117 Bagley Ave

Assessed Value (2020): $1,175,652

Year	Land Value	Improved Value	Assessed Value
2020	$1,092,420	$83,232	$1,175,652

About 3117 Bagley Ave

Detailed summary of property

3117 Bagley Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90034 and last sold on May 15, 2018 for $1,130,000. This property has 2 bedrooms, 2 bathrooms, roughly 1,758 living square feet, and sits on an approximately 6,400 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.62% higher than the current median priced home. 3117 Bagley Ave was last sold on May 15, 2018 for $1,130,000. Local nearby listings include 2461 S Robertson Blvd, 8930 W 25th St and 2671 Anchor Ave. The average home in Los Angeles, CA is selling in 97 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. If you are the homeowner and looking to sell the home at 3117 Bagley Ave Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3117 Bagley Ave

Public county record property details

Beds: 2
Baths: 2
Year built: 1930
Sq. Ft.: 1,758
Lot Size: 6,400
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 81
APN: 4311-019-014

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,949,000

Median List Price/Sq.Ft.

$932

Median Sold Price

$1,785,000

Median Sold Price/Sq.Ft.

$1,017

Total Inventory

Median Sale to List Price %

99.17%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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Thinking of Selling?
Call, Text or Message

(714) 706-1823

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