407 S Coronado St Los Angeles, CA 90057

$690,000 Sold Price as of 11/23/2005

7 Beds
6 Baths
3,594 Sq.Ft.

Off Market

$690,000 Sold Price as of 11/23/2005 Refinance Your Mortgage

Map preview of 407 S Coronado St, Los Angeles, CA 90057

Property Overview: 407 S Coronado St Los Angeles, CA has 7 bedrooms, 6 bathrooms, 3,594 living square feet and 6,660 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

407 S Coronado 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 407 S Coronado St

Last sold for $690,000 on November 23rd, 2005

April, 2020
Apr 21, 2020

Date

Expired

CRMLS: 18318972

$1,498,000

Price
Jun 4, 2019

Date

Withdrawn

CRMLS: 18318972

$1,498,000

Price
Apr 20, 2018

Date

Active

CRMLS: 18318972

$1,498,000

Price
Listing provided courtesy of CRMLS

Rare opportunity to own in one of the hottest rental market in Los Angeles. This 6 unit property consist of a 2BR, 3 - 1BR, and 2 Studio apartments with 5 off street parking spaces. Four out of six units have already been remodeled. The building is Spanish style with a courtyard setting. It is lushly landscaped with automatic sprinklers and is truly an quiet, private oasis in the middle of the city. The property is well maintained with no deferred maintenance and the tenants have high ficos scores with excellent income. Each unit is individually metered for gas and electric and the operating expenses are very low, and easy to manage. It recently pasted SCE on the initial inspection. The neighborhood is located adjacent to Silverlake, Koreatown, and DTLA where there is tremendous new developments under construction including a luxury apartment building with first floor commercial space 2 blocks away on Wilshire Blvd. Urban Target store only 3 block s away.** Price is FIRM**

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December, 2017
Dec 27, 2017

Date

Expired

CRMLS: 17245890

$1,345,000

Price
Aug 9, 2017

Date

Withdrawn

CRMLS: 17245890

$1,345,000

Price
Aug 6, 2017

Date

Price Change

CRMLS: 17245890

$1,345,000

Price
Jul 17, 2017

Date

Price Change

CRMLS: 17245890

$1,395,000

Price
Jul 11, 2017

Date

Price Change

CRMLS: 17245890

$1,445,000

Price
Jun 27, 2017

Date

Active

CRMLS: 17245890

$1,495,000

Price
Listing provided courtesy of CRMLS

HUGE PRICE REDUCTION!!!THE PROPERTY HAS OVER 50% UPSIDE POTENTIAL, based on recent rent surveys. Rare opportunity to own in one of the hottest rental market in Los Angeles. This 6 unit courtyard setting property consist of 1 - 2BR, 3 - 1BR, and 2 Studio apartments with 5 off street parking spaces. The neighborhood is located adjacent to Silverlake, Koreatown, and DTLA where there is tremendous new developments under construction including a luxury apartment building with first floor commercial space 2 blocks away on Wilshire Blvd and an urban Target store (a new concept for cities) less than a half mile. The property can be purchased with an adjacent 5 unit property for a total of 11 units, or separately.

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November, 2005
Nov 23, 2005

Date

Sold (Public Records)

Public Records

$690,000

Price
December, 2004
Dec 30, 2004

Date

Sold (Public Records)

Public Records

$480,000

Price

Tax History for 407 S Coronado St

Assessed Value (2020): $586,149

Year	Land Value	Improved Value	Assessed Value
2020	$351,438	$234,711	$586,149

About 407 S Coronado St

Detailed summary of property

407 S Coronado St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and last sold on November 23, 2005 for $690,000. This property has 7 bedrooms, 6 bathrooms, roughly 3,594 living square feet, and sits on an approximately 6,660 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 38.39% lower than the current median priced home. 407 S Coronado St was last sold on November 23, 2005 for $690,000. Local nearby listings include 140 S Vendome St, 117 Rosemont Ave and 2864 Sunset Pl #404. 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 407 S Coronado 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 407 S Coronado St

Public county record property details

Beds: 7
Baths: 6
Year built: 1920
Sq. Ft.: 3,594
Lot Size: 6,660
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 13,14
APN: 5155-028-008

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

$575,000

Median List Price/Sq.Ft.

$538

Median Sold Price

$900,000

Median Sold Price/Sq.Ft.

$515

Total Inventory

Median Sale to List Price %

90.91%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

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