424 Bamboo Ln, Los Angeles, CA 90012
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424 Bamboo Ln Los Angeles, CA 90012

$1,849,000
  • 2 Beds
  • 1.5 Baths
  • 3,578 Sq.Ft.
For Sale
$1,849,000 Get Pre-Qualified

Map preview of 424 Bamboo Ln, Los Angeles, CA 90012

Property Overview: 424 Bamboo Ln Los Angeles, CA has 2 bedrooms, 1.5 bathrooms, 3,578 living square feet and 1,461 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: A Fabulous & unique Mixed Use opportunity. Welcome to 424 Bamboo Lane, the epitome of urban chic in the heart of Los Angeles' vibrant Chinatown. This stunning 3-floor loft is designed for those who appreciate the finer things in life, offering an unrivaled blend of modern luxury and cultural charm. With three studio rooms in the basement & a full kitchen with all appliances, this versatile space is perfect for creative endeavors or hosting guests, providing both privacy and flexibility. The high ceilings on the main floor amplify the natural light and spaciousness, creating a grand and open atmosphere that is ideal for any event. The rooftop is a true oasis, adorned with lush turf and offering breathtaking views of the cityscape. Ideal for entertaining or unwinding after a long day, this space serves as your personal sanctuary in the sky. What truly sets 424 Bamboo apart is its potential as a revenue-generating asset. The loft can be easily operated as a studio or event space, making it a lucrative investment opportunity. The dynamic layout and prime location make it perfect for hosting events, photo shoots, and private gatherings, providing a consistent stream of recurring revenue. Nestled in the dynamic Chinatown district, 424 Bamboo Lane is just steps away from the best nightlife, dining, and cultural experiences Los Angeles has to offer. Savor the flavors of renowned restaurants, explore unique boutiques, and immerse yourself in the lively community that surrounds you. Chinatown is a bustling neighborhood known for its rich history, diverse culinary scene, and vibrant street life. Living at 424 Bamboo Lane places you at the nexus of tradition and modernity, with everything from classic dim sum spots to contemporary art galleries in close proximity. The area is also well-connected, making it easy to access other parts of Los Angeles, whether you're commuting for work or exploring the city's many attractions. With its unbeatable location, luxurious amenities, and distinctive character, 424 Bamboo Lane offers a lifestyle like no other. This is more than just a place to live – it's your gateway to the ultimate Los Angeles experience and a unique opportunity to capitalize on the vibrant energy of Chinatown.

Listed by Bridgid Jones | BRE #01860497 | Coldwell Banker Hallmark
Co-listed by Armen Avedian | BRE #00945343 | Coldwell Banker Hallmark
Last checked: 12 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
1,461
HOA Dues
$0/mo
Year built
1951
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
GD24146227
City
Los Angeles
County
Los Angeles
Time on Site
61 days

Open Houses for 424 Bamboo Ln

No upcoming open houses

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Property Details for 424 Bamboo Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Basement, Kitchen, Laundry, Loft, Sound Studio
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
Interior Features
  • Levels: Three Or More
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: See Remarks
  • Common Walls: 2+ Common Walls
  • Total # of Units: 1
  • Parcel Number: 5414008013
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Between N Hill Street & N Broadway
Neighborhood Information
  • Community Features: Urban
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Sale History for 424 Bamboo Ln

View property's historical transactions
  • July, 2024

  • Jul 16, 2024

    Date

    Active

    CRMLS: GD24146227

    $1,849,000

    Price

Tax History for 424 Bamboo Ln

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

424 Bamboo Ln is listed 54.08% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $766 and this home is listed at $516.77 per/sqft which puts the price per square foot 32.54% lower than the median price per square foot for the city of Los Angeles.

About 424 Bamboo Ln

Detailed summary of property

424 Bamboo Ln is a mixed use located in Los Angeles, CA 90012 and is currently for sale. This mixed use property offers 2 bedrooms, 1.5 bathrooms, roughly 3,578 living square feet, and sits on an approximately 1,461 square foot lot. 424 Bamboo Ln was first listed on ArdentRealEstateGroup.com on July 17, 2024. The homeowner is currently asking $1,849,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 54.08% higher than the median priced home. Local competing homes currently for sale include 1400 S Wilton Pl, 4652 Gratian St and 732 S Ferris Ave. While the average home in Los Angeles, CA is selling in 104 days, 424 Bamboo Ln has a days on market of 28 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 424 Bamboo Ln Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 424 Bamboo Ln

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$635,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
51
Median Sale to List Price %
99.37%
Avg Days on Market
26
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (20%)

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Related Resources to 424 Bamboo Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.