3821 Lockland Dr Los Angeles, CA 90008

$1,440,000 Sold Price as of 12/12/2017

10 Beds
-- Baths
5,762 Sq.Ft.

Off Market

$1,440,000 Sold Price as of 12/12/2017 Refinance Your Mortgage

Map preview of 3821 Lockland Dr, Los Angeles, CA 90008

Property Overview: 3821 Lockland Dr Los Angeles, CA has 10 bedrooms, -- bathrooms, 5,762 living square feet and 8,034 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3821 Lockland 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 $1,235,000. 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 $247,000 for the down payment and will need roughly $24,700 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 3821 Lockland Dr

Last sold for $1,440,000 on December 13th, 2017

December, 2017
Dec 14, 2017

Date

Sold

CRMLS: 17273054

$1,440,000

Price
Dec 7, 2017

Date

Active Under Contract

CRMLS: 17273054

$1,450,000

Price
Dec 1, 2017

Date

Pending

CRMLS: 17273054

$1,450,000

Price
Sep 22, 2017

Date

Active

CRMLS: 17273054

$1,450,000

Price
Listing provided courtesy of CRMLS

The subject property is a 9-unit multifamily property located in the desirable and rapidly improving Baldwin Hills/Crenshaw neighborhood of Los Angeles, CA. The building is situated just one block southwest of the Baldwin Hills Crenshaw Plaza, an existing shopping center with approved plans to be redeveloped into 961 residential units, 300,000 square feet of retail and restaurant space, a 10-story office building, and a 400-room hotel. Also within one block is the brand new Kaiser Permanente facility slated to open in late 2017 after a $90 million investment in construction costs. The City of Los Angeles is also heavily invested in improving this neighborhood, with the upcoming Crenshaw/LAX transit line extension, an 8.5-mile rail line connecting the Metro Blue Line with the Metro Green Line, including direct access to Los Angeles International Airport.

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December, 2017
Dec 12, 2017

Date

Sold (Public Records)

Public Records

$1,440,000

Price
October, 2016
Oct 7, 2016

Date

Sold (Public Records)

Public Records

$700,000

Price

Tax History for 3821 Lockland Dr

Assessed Value (2020): $1,498,176

Year	Land Value	Improved Value	Assessed Value
2020	$1,248,480	$249,696	$1,498,176

About 3821 Lockland Dr

Detailed summary of property

3821 Lockland Dr is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90008 and last sold on December 12, 2017 for $1,440,000. This property has 10 bedrooms, -- bathrooms, roughly 5,762 living square feet, and sits on an approximately 8,034 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 21.01% higher than the current median priced home. 3821 Lockland Dr was last sold on December 12, 2017 for $1,440,000. Local nearby listings include 4413 Don Cota Pl, 3867 Degnan Blvd and 3564 S Muirfield Rd. The average home in Los Angeles, CA is selling in 94 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 3821 Lockland Dr Los Angeles, CA 90008 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3821 Lockland Dr

Public county record property details

Beds: 10
Baths: --
Year built: 1951
Sq. Ft.: 5,762
Lot Size: 8,034
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5032-019-006

The source for these homes facts are from public records.

90008 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,477,777

Median List Price/Sq.Ft.

$711

Median Sold Price

$1,275,000

Median Sold Price/Sq.Ft.

$662

Total Inventory

Median Sale to List Price %

91.79%

Avg Days on Market

Loan Type

Conventional (30.77%), FHA (0%), VA (0%), Cash (30.77%), Other (15.38%)

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