358 W 41St St Los Angeles, CA 90037

$810,000 Sold Price as of 12/03/2018

8 Beds
4 Baths
3,484 Sq.Ft.

Off Market

$810,000 Sold Price as of 12/03/2018 Refinance Your Mortgage

Map preview of 358 W 41St St, Los Angeles, CA 90037

Property Overview: 358 W 41St St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,484 living square feet and 5,202 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

358 W 41St 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 $1,200,000. 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 358 W 41St St

Last sold for $810,000 on December 3rd, 2018

January, 2019
Jan 3, 2019

Date

Sold

CRMLS: 18365050

$800,000

Price
Oct 4, 2018

Date

Active Under Contract

CRMLS: 18365050

$849,000

Price
Sep 6, 2018

Date

Pending

CRMLS: 18365050

$849,000

Price
Aug 9, 2018

Date

Price Change

CRMLS: 18365050

$849,000

Price
Jul 14, 2018

Date

Active

CRMLS: 18365050

$925,000

Price
Listing provided courtesy of CRMLS

The owner of this beautiful 4-Unit apartment building on 41st Street and Broadway has operated a very clean building and has already added value to two of the four units. The seller has completed considerable renovations to both units #1 and #4 with upgrades totaling $26,000 for each unit. Those upgrades include laminate flooring throughout, granite counter tops, brand new cabinets and stainless-steel appliances. Units #2 and #3 still offer an investor the ability to add value, and later bring rents to market. With a roof that does not need to be replaced, copper plumbing throughout, brand new windows for the entire property - a new investor has the opportunity to concentrate their capital expenditure on units #2 and #3 where an increase in rents can be achieved.

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December, 2018
Dec 3, 2018

Date

Sold (Public Records)

Public Records

$810,000

Price
September, 2017
Sep 26, 2017

Date

Sold (Public Records)

Public Records

$650,000

Price

Tax History for 358 W 41St St

Assessed Value (2020): $826,200

Year	Land Value	Improved Value	Assessed Value
2020	$459,000	$367,200	$826,200

About 358 W 41St St

Detailed summary of property

358 W 41St St is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90037 and last sold on December 3, 2018 for $810,000. This property has 8 bedrooms, 4 bathrooms, roughly 3,484 living square feet, and sits on an approximately 5,202 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 27.68% lower than the current median priced home. 358 W 41St St was last sold on December 3, 2018 for $810,000. Local nearby listings include 416 E 31st St, 679 E 41st Pl and 1149 W 37th Dr. 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 358 W 41St St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 358 W 41St St

Public county record property details

Beds: 8
Baths: 4
Year built: 1964
Sq. Ft.: 3,484
Lot Size: 5,202
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 23
APN: 5111-005-005

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$688,000

Median List Price/Sq.Ft.

$546

Median Sold Price

$626,228

Median Sold Price/Sq.Ft.

$437

Total Inventory

Median Sale to List Price %

125.5%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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