416 S Grand View St Los Angeles, CA 90057

$3,126,000 Sold Price as of 05/13/2020

2 Beds
20 Baths
10,316 Sq.Ft.

Off Market

$3,126,000 Sold Price as of 05/13/2020 Refinance Your Mortgage

Map preview of 416 S Grand View St, Los Angeles, CA 90057

Property Overview: 416 S Grand View St Los Angeles, CA has 2 bedrooms, 20 bathrooms, 10,316 living square feet and 7,061 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

416 S Grand View 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 416 S Grand View St

Last sold for $3,126,000 on May 22nd, 2020

May, 2020
May 30, 2020

Date

Sold

CRMLS: 20565566

$3,126,000

Price
Mar 20, 2020

Date

Active

CRMLS: 20565566

$3,550,000

Price
Listing provided courtesy of CRMLS

Built in 1925, this stabilized property made up of 20 units will be delivered with seven vacancies. This is an ideal cash flow investment with a well maintained building with proven market rents. Additionally, the property is located within a Qualified Opportunity Zone.The buildings feature a unit mix made up of singles and one-bedrooms with the majority of units already renovated. Seven of the singles will be delivered vacant in rent-ready condition allowing an investor to lease immediately at market rent. The units have undergone renovations that include updated kitchens and bathrooms, hardwood floors and granite countertops. The common areas are well-kept with hardwood floor and new unit signage throughout. While the building is already separately metered for electricity, gas is master metered with the ability to be separated. There is a community laundry room in the basement with two washers and dryers for resident's use.

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May, 2020
May 13, 2020

Date

Sold (Public Records)

Public Records

$3,126,000

Price
March, 2020
Mar 4, 2020

Date

Sold (Public Records)

Public Records

$3,200,000

Price

Tax History for 416 S Grand View St

Assessed Value (2020): $3,134,663

Year	Land Value	Improved Value	Assessed Value
2020	$1,326,510	$1,808,153	$3,134,663

About 416 S Grand View St

Detailed summary of property

416 S Grand View St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90057 and last sold on May 13, 2020 for $3,126,000. This property has 2 bedrooms, 20 bathrooms, roughly 10,316 living square feet, and sits on an approximately 7,061 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 179.11% higher than the current median priced home. 416 S Grand View St was last sold on May 13, 2020 for $3,126,000. Local nearby listings include 440 S Occidental Blvd #202, 222 N Coronado St and 230 N Park View 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 416 S Grand View 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 416 S Grand View St

Public county record property details

Beds: 2
Baths: 20
Year built: 1925
Sq. Ft.: 10,316
Lot Size: 7,061
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 37
APN: 5154-033-019

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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