415 S Alvarado St Los Angeles, CA 90057

$900,000 Sold Price as of 02/23/2021

6 Beds
2 Baths
3,541 Sq.Ft.

Off Market

$900,000 Sold Price as of 02/23/2021 Refinance Your Mortgage

Map preview of 415 S Alvarado St, Los Angeles, CA 90057

Property Overview: 415 S Alvarado St Los Angeles, CA has 6 bedrooms, 2 bathrooms, 3,541 living square feet and 7,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

415 S Alvarado 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 415 S Alvarado St

Last sold for $900,000 on February 23rd, 2021

January, 2023
Jan 2, 2023

Date

Expired

CRMLS: 22199856

$7,595,000

Price
Sep 14, 2022

Date

Active

CRMLS: 22199856

$7,990,000

Price
Listing provided courtesy of CRMLS

REDUCED $395K! We are proud to exclusively present for sale a portfolio of four adjacent properties with tremendous redevelopment potential just north of MacArthur Park. Currently consisting of a 16 Unit Apartment Building, a Duplex, an SFR (Vacant, In Demolition) and Boarding House that was converted to six SRO units, the four properties boast a combined 30,250 SF of land, 30,000 SF of C2-1 & 250 SF of R4-2 TOC Tier 3, Opportunity Zone land. OPTION 1: Keep Existing 16 Unit as Value-Add Play & Develop 22,500 SF of C2-1, TOC TIER 3, Opportunity Zone Land into 97 Units or 103 Affordable Units. OPTION 2: Develop all 4 adjacent parcels, 30,000 SF of C2-1 & 250 SF of R4-2, TOC TIER 3, Opportunity Zone Land into 128 units or 137 Affordable Units. ZONING: - No Overlay Zones (no CDO, no CPIO overlay requirements). - No Historical Issues. - No Specific Plan Requirements. LOCATION: - Distance to Metro Station: 1 block / 6 minute walk. - Centrally located: 7 minute drive or 9 minute Metro ride to Downtown Los Angeles & 30 minute drive to Santa Monica. - Alvarado Street is a major corridor with unparalleled visibility will ensure speedy lease-up of units. Listing Includes 4 APNs and 4 Addresses: 415, 417, 419 & 427 S. Alvarado St., Los Angeles, CA 90057. 5154-031-004, 5154-031-005 & 5154-031-006, 5154-031-016.

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February, 2021
Feb 23, 2021

Date

Sold (Public Records)

Public Records

$900,000

Price

Tax History for 415 S Alvarado St

Assessed Value (2020): $112,963

Year	Land Value	Improved Value	Assessed Value
2020	$103,489	$9,474	$112,963

About 415 S Alvarado St

Detailed summary of property

415 S Alvarado St is categorized with a use code of Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel in Los Angeles, CA 90057 and last sold on February 23, 2021 for $900,000. This property has 6 bedrooms, 2 bathrooms, roughly 3,541 living square feet, and sits on an approximately 7,499 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 19.64% lower than the current median priced home. 415 S Alvarado St was last sold on February 23, 2021 for $900,000. Local nearby listings include 435 S La Fayette Park Pl #316, 230 N Park View St and 222 N Coronado St. 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 415 S Alvarado 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 415 S Alvarado St

Public county record property details

Beds: 6
Baths: 2
Year built: 1906
Sq. Ft.: 3,541
Lot Size: 7,499
Stories: --

Type: Boarding House, Rooming House, Apt Hotel, Transient Lodgings, Hostel
Pool: No
Spa: No
County: Los Angeles
Lot#: 18
APN: 5154-031-004

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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