4101 Somerset Dr Los Angeles, CA 90008

$1,300,000 Sold Price as of 05/10/2019

8 Beds
6 Baths
3,828 Sq.Ft.

Off Market

$1,300,000 Sold Price as of 05/10/2019 Refinance Your Mortgage

Map preview of 4101 Somerset Dr, Los Angeles, CA 90008

Property Overview: 4101 Somerset Dr Los Angeles, CA has 8 bedrooms, 6 bathrooms, 3,828 living square feet and 9,219 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4101 Somerset 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 $1,250,000. The median price per/sqft for Los Angeles is $777. 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 $250,000 for the down payment and will need roughly $25,000 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 $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 4101 Somerset Dr

Last sold for $1,300,000 on May 10th, 2019

April, 2021
Apr 22, 2021

Date

Canceled

CRMLS: 19418428

$1,400,000

Price
Feb 4, 2019

Date

Pending

CRMLS: 19418428

$1,400,000

Price
Jan 29, 2019

Date

Active

CRMLS: 19418428

$1,400,000

Price
Listing provided courtesy of CRMLS

THIS LOT IS IDEAL FOR DEVELOPMENT ...or leave as is. ...... This 4 unit building is situated on a 9,139 lot, with a total of 3,828 feet of living space. this building is in an area that is highly sort after by buyers and renters.One block from the Baldwin Hills Mall and the Rave theater.Across the street from new Kaiser building, many many new business in area.Construction of new Metro underground transit system is under way in the area.Building has many new updates. All units have stainless steel sinks. Some units have hardwood floors. 2 very large 3/1 , 1 very very large 2/1 being used as 3 bedroom,1 1/1[permitted] room being used as bedroom.A total of 9 bedrooms. EACH APARTMENT HAS OWN FRONT DOOR AND PORCH AND OWN BACK DOORS. 2 OF THE UNITS HAVE A PRIVATE SITTING AREA OFF KITCHEN DOOR. Building being sold in "AS IS CONDITION"

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May, 2019
May 10, 2019

Date

Sold (Public Records)

Public Records

$1,300,000

Price
December, 2018
Dec 29, 2018

Date

Expired

CRMLS: 18376396

$1,400,000

Price
Oct 11, 2018

Date

Active

CRMLS: 18376396

$1,400,000

Price
Sep 8, 2018

Date

Pending

CRMLS: 18376396

$1,400,000

Price
Aug 16, 2018

Date

Active

CRMLS: 18376396

$1,400,000

Price
Listing provided courtesy of CRMLS

THIS LOT IS IDEAL FOR DEVELOPMENT ...or leave as is. ...... This 4 unit building is situated on a 9,139 lot, with a total of 3,828 feet of living space. this building is in an area that is highly sort after by buyers and renters.One block from the Baldwin Hills Mall and the Rave theater.Across the street from new Kaiser building, many many new business in area.Construction of new Metro underground transit system is under way in the area.Building has many new updates. All units have stainless steel sinks. Some units have hardwood floors. 2 very large 3/1 , 1 very very large 2/1 being used as 3 bedroom,1 1/1[permitted] room being used as bedroom.A total of 9 bedrooms. EACH APARTMENT HAS OWN FRONT DOOR AND PORCH AND OWN BACK DOORS. 2 OF THE UNITS HAVE A PRIVATE SITTING AREA OFF KITCHEN DOOR. Building being sold in "AS IS CONDITION"

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July, 2018
Jul 17, 2018

Date

Canceled

CRMLS: 18312272

$1,300,000

Price
Feb 28, 2018

Date

Pending

CRMLS: 18312272

$1,300,000

Price
Feb 10, 2018

Date

Active

CRMLS: 18312272

$1,300,000

Price
Listing provided courtesy of CRMLS

This 4 unit apartment complex is on a LC2 corner commercial lot.This building is in an area that is highly sort after by buyers and renters.One block from the Baldwin Hills Mall.Across the street from new Kaiser building.Building has many new updates. All units have stainless steel sinks. Some units have hardwood floors. 2 very large 3/1 , 1 very very large 2/1 being used as 3 bedroom,1 1/1[permitted] room being used as bedroom.

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January, 2018
Jan 27, 2018

Date

Canceled

CRMLS: 17279074

$1,399,900

Price
Nov 13, 2017

Date

Pending

CRMLS: 17279074

$1,399,900

Price
Oct 11, 2017

Date

Active

CRMLS: 17279074

$1,399,900

Price
Listing provided courtesy of CRMLS

Eat.Shop,Play,Work : THE CRENSHAW AREA Located in one of the most sought-after locations in Los Angeles.SEARS,RAVE THEATER,MACY.STAPLES.I-HOP.31 FLAVORS ,RALPHS.ALBERTSON.CVS.WALGREEN,DENNYS,BANKS.SURROUNDED BY MALLS STRIPS This property is locate on over 90000 sq. ft of well maintained land. Excellent quiet corner lot .Each floor plan is different. All have stainless steel sinks.New light fixtures, Some of apartment have hard wood floors. Many modern looking ideas.1 block from the Baldwin Hills Mall and the new Crenshaw/LAX Transit PROJECT.Beautiful new Kaiser building under construction across the street from the building.. Two of the units have patios in the back.......2 very large 3 -1 bath.......1 very,very large 2-1 bath being used as a 3-1.........1-1 +den{permitted} being used as bedroom.All tenants have individual rental agreements. THIS IS A COMMERCIAL RESIDENTIAL LOT . It is IN A RENT CONTROL AREA ,. SELLER WILL NOT FIX,REPLACE ANYTHINGi being sold in an AS IS CONDITION

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October, 2017
Oct 2, 2017

Date

Expired

CRMLS: 17237076

$1,399,900

Price
Jun 22, 2017

Date

Price Change

CRMLS: 17237076

$1,399,900

Price
Jun 2, 2017

Date

Active

CRMLS: 17237076

$1,299,900

Price
Listing provided courtesy of CRMLS

Eat.Shop,Play,Work : THE CRENSHAW AREA Located in one of the most sought-after locations in Los Angeles.SEARS,RAVE THEATER,MACY.STAPLES.I-HOP.31 FLAVORS ,RALPHS.ALBERTSON.CVS.WALGREEN,DENNYS,BANKS.SURROUNDED BY MALLS STRIPS This property is locate on over 90000 sq. ft of well maintained land. Excellent quiet corner lot .Each floor plan is different. All have stainless steel sinks.New light fixtures, Some of apartment have hard wood floors. Many modern looking ideas.1 block from the Baldwin Hills Mall and the new Crenshaw/LAX Transit PROJECT.Beautiful new Kaiser building under construction across the street from the building.. Two of the units have patios in the back.......2 very large 3 -1 bath.......1 very,very large 2-1 bath being used as a 3-1.........1-1 +den{permitted} being used as bedroom.All tenants have individual rental agreements. THIS IS A COMMERCIAL RESIDENTIAL LOT . It is IN A RENT CONTROL AREA ,. SELLER WILL NOT FIX,REPLACE ANYTHINGi being sold in an AS IS CONDITION

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Tax History for 4101 Somerset Dr

Assessed Value (2020): $1,326,280

Year	Land Value	Improved Value	Assessed Value
2020	$1,060,800	$265,480	$1,326,280

About 4101 Somerset Dr

Detailed summary of property

4101 Somerset Dr is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90008 and last sold on May 10, 2019 for $1,300,000. This property has 8 bedrooms, 6 bathrooms, roughly 3,828 living square feet, and sits on an approximately 9,219 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. 4101 Somerset Dr was last sold on May 10, 2019 for $1,300,000. Local nearby listings include 3564 S Muirfield Rd, 4413 Don Cota Pl and 3876 Edgehill Dr. The average home in Los Angeles, CA is selling in 92 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 4101 Somerset 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 4101 Somerset Dr

Public county record property details

Beds: 8
Baths: 6
Year built: 1950
Sq. Ft.: 3,828
Lot Size: 9,219
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 5032-015-003

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

$1,489,000

Median List Price/Sq.Ft.

$730

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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