312 E Lanzit Ave Los Angeles, CA 90061

$416,000 Sold Price as of 08/31/2017

4 Beds
3 Baths
2,436 Sq.Ft.

Off Market

$416,000 Sold Price as of 08/31/2017 Refinance Your Mortgage

Map preview of 312 E Lanzit Ave, Los Angeles, CA 90061

Property Overview: 312 E Lanzit Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,436 living square feet and 8,987 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

312 E Lanzit 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 $768. 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 312 E Lanzit Ave

Last sold for $416,000 on August 31st, 2017

August, 2017
Aug 31, 2017

Date

Sold

CRMLS: 17254638

$415,700

Price
Aug 22, 2017

Date

Pending

CRMLS: 17254638

$419,900

Price
Aug 1, 2017

Date

Active Under Contract

CRMLS: 17254638

$419,900

Price
Jul 25, 2017

Date

Active

CRMLS: 17254638

$419,900

Price
Listing provided courtesy of CRMLS

Great & basic investment opportunity (3 UNITS) for an investor. For future development, this triplex has a great frontage (In the range of 80 feet) on Lanzit at the "soft corner" with Imperial HWY. This triplex is comprised of a SFR on the side of a two story bldg., housing the duplex, both buildings are facing the street. All three (3) units are tenant occupied. In accordance to title's "property profile" there should be a total of 4 bedrooms & 3 bathrooms. Property is being sold in "AS IS & WHERE IS" condition & buyers are strongly advised to do their own independent due diligence work regarding all & any issues including but not limited to permits, number of legal bedrooms & bathrooms, any violations, etc., UNITS NEED WORK. PLEASE DO NOT DISTURB THE TENANTS UNDER ANY CIRCUMSTANCES. Viewing and inspecting the interior of the units would be with accepted offer only.

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August, 2017
Aug 31, 2017

Date

Sold (Public Records)

Public Records

$416,000

Price
June, 2017
Jun 7, 2017

Date

Sold (Public Records)

Public Records

$373,150

Price

Tax History for 312 E Lanzit Ave

Assessed Value (2020): $432,806

Year	Land Value	Improved Value	Assessed Value
2020	$318,362	$114,444	$432,806

About 312 E Lanzit Ave

Detailed summary of property

312 E Lanzit Ave is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90061 and last sold on August 31, 2017 for $416,000. This property has 4 bedrooms, 3 bathrooms, roughly 2,436 living square feet, and sits on an approximately 8,987 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 62.86% lower than the current median priced home. 312 E Lanzit Ave was last sold on August 31, 2017 for $416,000. Local nearby listings include 12900 Jarvis Ave, 220 W 101st St and 409 E 99th St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 312 E Lanzit Ave Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 312 E Lanzit Ave

Public county record property details

Beds: 4
Baths: 3
Year built: 1947
Sq. Ft.: 2,436
Lot Size: 8,987
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 35
APN: 6083-005-012

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$580,000

Median List Price/Sq.Ft.

$500

Median Sold Price

$555,000

Median Sold Price/Sq.Ft.

$391

Total Inventory

Median Sale to List Price %

105.71%

Avg Days on Market

Loan Type

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

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