3324 Durand Dr Los Angeles, CA 90068

$1,300,000 Sold Price as of 05/22/2018

1 Beds
2 Baths
1,900 Sq.Ft.

Off Market

$1,300,000 Sold Price as of 05/22/2018 Refinance Your Mortgage

Map preview of 3324 Durand Dr, Los Angeles, CA 90068

Property Overview: 3324 Durand Dr Los Angeles, CA has 1 bedrooms, 2 bathrooms, 1,900 living square feet and 9,478 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3324 Durand Dr 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 $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 $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 $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 3324 Durand Dr

Last sold for $1,300,000 on May 22nd, 2018

June, 2018
Jun 12, 2018

Date

Sold

CRMLS: 18329520

$1,300,000

Price
Jun 8, 2018

Date

Pending

CRMLS: 18329520

$1,599,000

Price
Apr 4, 2018

Date

Active

CRMLS: 18329520

$1,599,000

Price
Listing provided courtesy of CRMLS

Given the multiple potential future uses for 3324 Durand, the property is truly a Hollywood "Triple Threat" as it provides rare opportunity for residents, investors, and developers alike. We are pleased to present a mid-century gem nestled within a large lot in the Hollywood Hills just below the iconic Hollywood sign. Built by renowned designer and architect George Fosdyke, this home features steel beam ceilings, stone floors with radiant heating, and an open layout perfect for entertaining. Future residents will enjoy the large private garden (a rarity in this area), and can house family members or guests with the additional lower level studio apartment, plus a separate artist's studio with its own bathroom. Being close to Hollywood amenities, but offering privacy as it's tucked away in the hills, makes this your retreat from the city! Alternatively, an entrepreneurial investor can occupy the upstairs unit while renting out the lower studio unit or artist's studio.

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May, 2018
May 22, 2018

Date

Sold (Public Records)

Public Records

$1,300,000

Price
May, 2018
May 22, 2018

Date

Sold (Public Records)

Public Records

--

Price
April, 2018
Apr 4, 2018

Date

Canceled

CRMLS: 18328354

$1,599,000

Price
Mar 31, 2018

Date

Active

CRMLS: 18328354

$1,599,000

Price
Listing provided courtesy of CRMLS

We are pleased to present 3324 Durand Drive, an investment property in the premium Hollywoodland neighborhood near the peak of the Hollywood Hills. The property was most recently operated as a duplex (Buyer to conduct own investigation into future property uses). At close of escrow, the property can be delivered completely vacant, which allows a new owner to immediately boost the income to market level or take advantage of the potential development opportunity. Alternately, an investor may wish to occupy the upstairs one-bedroom unit while renting large one bedroom unit on the first level to help offset mortgage expenses. Either way, the prime location just below the iconic Hollywood sign makes the property extremely attractive to residents. The property sits on a mostly flat 9,473 square foot lot with the potential opportunity to add square footage for up to 4,262 square feet of living space (Buyer to verify).

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Tax History for 3324 Durand Dr

Assessed Value (2020): $1,352,520

Year	Land Value	Improved Value	Assessed Value
2020	$1,082,016	$270,504	$1,352,520

About 3324 Durand Dr

Detailed summary of property

3324 Durand Dr is a single family home in Los Angeles, CA 90068 and last sold on May 22, 2018 for $1,300,000. This house has 1 bedrooms, 2 bathrooms, roughly 1,900 living square feet, and sits on an approximately 9,478 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 9.24% higher than the current median priced home. 3324 Durand Dr was last sold on May 22, 2018 for $1,300,000. Local nearby listings include 2980 Hollyridge Dr, 2721 Lake Hollywood Dr and 2980 Durand Dr. The average home in Los Angeles, CA is selling in 94 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. If you are the homeowner and looking to sell the home at 3324 Durand Dr Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3324 Durand Dr

Public county record property details

Beds: 1
Baths: 2
Year built: 1949
Sq. Ft.: 1,900
Lot Size: 9,478
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5581-019-001

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,195,000

Median List Price/Sq.Ft.

$869

Median Sold Price

$2,100,000

Median Sold Price/Sq.Ft.

$897

Total Inventory

162

Median Sale to List Price %

112%

Avg Days on Market

Loan Type

Conventional (9.68%), FHA (3.23%), VA (0%), Cash (9.68%), Other (0%)

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(714) 706-1823

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