4480 W 61St St Los Angeles, CA 90043

$784,000 Sold Price as of 03/03/2016

5 Beds
5 Baths
3,834 Sq.Ft.

Off Market

$784,000 Sold Price as of 03/03/2016 Refinance Your Mortgage

Map preview of 4480 W 61St St, Los Angeles, CA 90043

Property Overview: 4480 W 61St St Los Angeles, CA has 5 bedrooms, 5 bathrooms, 3,834 living square feet and 8,784 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4480 W 61St 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 4480 W 61St St

Last sold for $784,000 on March 3rd, 2016

March, 2016
Mar 3, 2016

Date

Sold (Public Records)

Public Records

$784,000

Price
February, 2016
Feb 8, 2016

Date

Price Change

CRMLS: 16979489

$725,000

Price
Listing provided courtesy of CRMLS

Beautiful Windsor Hills gem located South of Slauson. This gorgeous, elevated, corner lot property is located on Overhill Drive and 61st Street. This 5 unit property consists of all 1 bedroom 1 bath units with 5 one car garages. On site laundry room is attached to the garage. All utilities are separately metered and Tenant paid except for water which is paid by the Owner. This area is NOT under rent control. Calculations include a 5% vacancy factor, property taxes based on $725,000, and pro-forma rent & laundry income of $50/mo. Currently the Tenants are not charged for laundry. **Do NOT disturb the Tenants** Agents MUST read Agent Remarks.

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Tax History for 4480 W 61St St

Assessed Value (2020): $849,065

Year	Land Value	Improved Value	Assessed Value
2020	$595,337	$253,728	$849,065

About 4480 W 61St St

Detailed summary of property

4480 W 61St St is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90043 and last sold on March 3, 2016 for $784,000. This property has 5 bedrooms, 5 bathrooms, roughly 3,834 living square feet, and sits on an approximately 8,784 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 30% lower than the current median priced home. 4480 W 61St St was last sold on March 3, 2016 for $784,000. Local nearby listings include 5528 Harcross Dr, 5407 Marburn Ave and 3955 W 64th 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 4480 W 61St St Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4480 W 61St St

Public county record property details

Beds: 5
Baths: 5
Year built: 1942
Sq. Ft.: 3,834
Lot Size: 8,784
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 28
APN: 4003-012-001

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$950,000

Median List Price/Sq.Ft.

$639

Median Sold Price

$1,025,000

Median Sold Price/Sq.Ft.

$647

Total Inventory

Median Sale to List Price %

103.02%

Avg Days on Market

Loan Type

Conventional (29.17%), FHA (4.17%), VA (0%), Cash (20.83%), Other (4.17%)

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(714) 706-1823

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