3118 Wabash Ave Los Angeles, CA 90063

$--

-- Beds
24 Baths
18,184 Sq.Ft.

Off Market

Map preview of 3118 Wabash Ave, Los Angeles, CA 90063

Property Overview: 3118 Wabash Ave Los Angeles, CA has -- bedrooms, 24 bathrooms, 18,184 living square feet and 20,800 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3118 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 3118 Wabash Ave

Last sold on August 24th, 2020

August, 2020
Aug 24, 2020

Date

Sold (Public Records)

Public Records

--

Price
November, 2018
Nov 8, 2018

Date

Sold

CRMLS: 18348022

$4,000,000

Price
Sep 6, 2018

Date

Active Under Contract

CRMLS: 18348022

$4,350,000

Price
Jun 29, 2018

Date

Price Change

CRMLS: 18348022

$4,350,000

Price
May 25, 2018

Date

Active

CRMLS: 18348022

$4,500,000

Price
Listing provided courtesy of CRMLS

Marcus & Millichap is pleased to present for sale a unique "add-value" opportunity located at 3118 Wabash venue. The unit mix is comprised of six 1 + 1 units, sixteen 2 + 1 units, and two 3 + 1 units This property is located in the exciting, up and coming Boyle Heights neighborhood, minutes east of Downtown Los Angeles.This property sits on the corner of Wabash Avenue, just east of Evergreen Avenue. The building has immediate access to the 10 freeway, and the Art's District of Downtown Los Angeles is less than a 17-minute bike ride away. This property offers an investor the rare opportunity to add-value to a vintage building in the heart of an emerging neighborhood. This area is predominately comprised of attractive single family homes, surrounded by increasingly popular restaurants, retail and entertainment venues, drawing a wide range of creative professional tenants. Property is subject to City Ordinance #183893 pertaining to soft-soft story parking retrofit

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November, 2018
Nov 2, 2018

Date

Sold (Public Records)

Public Records

$4,000,000

Price

Tax History for 3118 Wabash Ave

Assessed Value (2020): $4,081,625

Year	Land Value	Improved Value	Assessed Value
2020	$1,632,000	$2,449,625	$4,081,625

About 3118 Wabash Ave

Detailed summary of property

3118 Wabash Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90063 and is currently off market. This property has -- bedrooms, 24 bathrooms, roughly 18,184 living square feet, and sits on an approximately 20,800 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. Local nearby listings include 3403 E 4th St, 1839 Jones Ave and 3536 E 4th 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 3118 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 3118 Wabash Ave

Public county record property details

Beds: --
Baths: 24
Year built: 1966
Sq. Ft.: 18,184
Lot Size: 20,800
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 17-20
APN: 5178-001-039

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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(714) 706-1823

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