322 S Reno St Los Angeles, CA 90057

$5,500,000 Sold Price as of 06/05/2018
  • 8 Beds
  • 20 Baths
  • 13,081 Sq.Ft.
Off Market
$5,500,000 Sold Price as of 06/05/2018 Refinance Your Mortgage

Map preview of 322 S Reno St, Los Angeles, CA 90057

Property Overview: 322 S Reno St Los Angeles, CA has 8 bedrooms, 20 bathrooms, 13,081 living square feet and 7,139 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

322 S Reno St 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 $1,225,000. The median price per/sqft for Los Angeles is $774. 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 $245,000 for the down payment and will need roughly $24,500 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 $59,500. 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 322 S Reno St

Last sold for $5,500,000 on June 5th, 2018
  • June, 2018

  • Jun 5, 2018

    Date

    Sold

    CRMLS: 18320200

    $5,500,000

    Price

  • Apr 23, 2018

    Date

    Pending

    CRMLS: 18320200

    $5,850,000

    Price

  • Mar 6, 2018

    Date

    Active

    CRMLS: 18320200

    $5,850,000

    Price

  • Listing provided courtesy of CRMLS

    NON-RENT CONTROL, CONTROLLED ACCESS APARTMENT BUILDING ON A TERRIFIC STREET ON THE EASTERN BORDER OF KOREATOWN. GREAT UNIT MIX WITH 3RD FLOOR LOFT UNITS AND MANY OF THE UNITS HAVE BEEN RENOVATED. THE RENTS HAVE ROOM FOR GROWTH AS MANY OF THE UNITS ARE BELOW MARKET. HIGH DEMAND AREA WITH CLOSE ACCESS TO DTLA AND WESTSIDE. DO NOT WALK ON THE PROPERTY. SHOWN WITH ACCEPTED OFFER ONLY.

  • June, 2018

  • Jun 5, 2018

    Date

    Sold (Public Records)

    Public Records

    $5,500,000

    Price

  • March, 2016

  • Mar 18, 2016

    Date

    Sold (Public Records)

    Public Records

    $4,050,000

    Price

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Tax History for 322 S Reno St

Assessed Value (2020): $5,733,000
Year Land Value Improved Value Assessed Value
2020 $4,785,840 $947,160 $5,733,000

About 322 S Reno St

Detailed summary of property

322 S Reno St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and last sold on June 5, 2018 for $5,500,000. This property has 8 bedrooms, 20 bathrooms, roughly 13,081 living square feet, and sits on an approximately 7,139 square foot lot. Homes in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 362.18% higher than the current median priced home. 322 S Reno St was last sold on June 5, 2018 for $5,500,000. Local nearby listings include 3223 W 6th St #205, 3223 W 6th St #806 and 2939 Leeward Ave #605. The average home in Los Angeles, CA is selling in 96 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. If you are the homeowner and looking to sell the home at 322 S Reno St Los Angeles, CA 90057 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 322 S Reno St

Public county record property details
Beds
8
Baths
20
Year built
1988
Sq. Ft.
13,081
Lot Size
7,139
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
5155-009-043

The source for these homes facts are from public records.

90057 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$550,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$365,000
Median Sold Price/Sq.Ft.
$773
Total Inventory
14
Median Sale to List Price %
104.58%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Nearby Homes to 322 S Reno St

Data from public records.

3 Beds | 2 Baths | 1,260 Sq. Ft.
6 Beds | 8 Baths | 5,246 Sq. Ft.
-- Beds | -- Baths | 7,002 Sq. Ft.
-- Beds | -- Baths | 102,336 Sq. Ft.
-- Beds | -- Baths | 21,584 Sq. Ft.
2 Beds | 2 Baths | 1,228 Sq. Ft.
3 Beds | 2 Baths | 1,633 Sq. Ft.
2 Beds | 2 Baths | 1,357 Sq. Ft.
2 Beds | 2 Baths | 1,390 Sq. Ft.
2 Beds | 2 Baths | 1,501 Sq. Ft.
3 Beds | 2 Baths | 1,490 Sq. Ft.
2 Beds | 2 Baths | 1,276 Sq. Ft.

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