447 S Hewitt St Los Angeles, CA 90013

$5,700,000 Sold Price as of 07/06/2015

-- Beds
-- Baths
11,708 Sq.Ft.

Off Market

$5,700,000 Sold Price as of 07/06/2015 Refinance Your Mortgage

Map preview of 447 S Hewitt St, Los Angeles, CA 90013

Property Overview: 447 S Hewitt St Los Angeles, CA has -- bedrooms, -- bathrooms, 11,708 living square feet and 7,340 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

447 S Hewitt 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 447 S Hewitt St

Last sold for $5,700,000 on July 7th, 2015

July, 2015
Jul 7, 2015

Date

Sold

CRMLS: 13712363

$5,700,000

Price
Oct 15, 2013

Date

Active

CRMLS: 13712363

$6,499,000

Price
Listing provided courtesy of CRMLS

Originally erected in 1909 as a cavernous factory, the red brick building was transformed by world-renowned architect Fred Fisher in 1985 to a state-of-the-art live/work loft.Enter into a curving stairway that sweeps you up to the second floor private quarters naturally lit with skylights from the soaring 17 foot ceiling. A green glass floor window illuminates the work space beneath. The custom-built fireplace has deco rickrack & classical columns. The impressive kitchen & dining areas are located along the old brick factory wall, carving out stunning views of Downtown LA's unsung skyline. In the intimate bdrm/bath suite, watch a pedimented home-fire from the bed, reflect at the marble vanity, shower inside a tile temple.The first floor garage leads to a day studio and an incredible 2,500 sqft. photography studio. This proportioned space includes separate dressing/makeup rooms, in addition to office, processing & conference rooms. The studio can be reconfigured into any live/work space

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July, 2015
Jul 6, 2015

Date

Sold (Public Records)

Public Records

$5,700,000

Price
July, 2013
Jul 9, 2013

Date

Price Change

CRMLS: 13686661

$6,499,000

Price
Listing provided courtesy of CRMLS

447-449 S. Hewitt St. is a one-of-a-kind gem with stunning skyline views and outdoor patio space zoned for live/work which has been completely updated to class "A" standards. This unique stand alone property in the midst of thriving Downtown Los Angeles artists community features a 2-story building as well as a turn-key photography studio and loft living space with "artist in residence" permit. This building also features interior parking plus a separate 1,200 square foot space for an assistant to live in or can be available to rent out for additional income. Don't miss out on this once in a lifetime purchase opportunity to own a true New York city Soho loft in Los Angeles.

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Tax History for 447 S Hewitt St

Assessed Value (2020): $6,169,862

Year	Land Value	Improved Value	Assessed Value
2020	$1,840,134	$4,329,728	$6,169,862

About 447 S Hewitt St

Detailed summary of property

447 S Hewitt St is categorized with a use code of Store/Office (Mixed Use) in Los Angeles, CA 90013 and last sold on July 6, 2015 for $5,700,000. This property has -- bedrooms, -- bathrooms, roughly 11,708 living square feet, and sits on an approximately 7,340 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 408.93% higher than the current median priced home. 447 S Hewitt St was last sold on July 6, 2015 for $5,700,000. Local nearby listings include 629 Traction Ave #630, 629 Traction Ave #514 and 215 S Santa Fe Ave #4. 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 447 S Hewitt St Los Angeles, CA 90013 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 447 S Hewitt St

Public county record property details

Beds: --
Baths: --
Year built: 1907
Sq. Ft.: 11,708
Lot Size: 7,340
Stories: 2

Type: Store/Office (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 20
APN: 5163-022-017

The source for these homes facts are from public records.

90013 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$699,000

Median List Price/Sq.Ft.

$711

Median Sold Price

$725,000

Median Sold Price/Sq.Ft.

$740

Total Inventory

Median Sale to List Price %

98.64%

Avg Days on Market

Loan Type

Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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