4521 Melbourne Ave Los Angeles, CA 90027

$760,000 Sold Price as of 08/02/2018

-- Beds
-- Baths
-- Sq.Ft.

Off Market

$760,000 Sold Price as of 08/02/2018 Refinance Your Mortgage

Map preview of 4521 Melbourne Ave, Los Angeles, CA 90027

Property Overview: 4521 Melbourne Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,749 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4521 Melbourne Ave 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 $771. 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 4521 Melbourne Ave

Last sold for $760,000 on August 2nd, 2018

August, 2018
Aug 17, 2018

Date

Sold

CRMLS: 18347298

$760,000

Price
Jul 3, 2018

Date

Active Under Contract

CRMLS: 18347298

$829,000

Price
May 24, 2018

Date

Active

CRMLS: 18347298

$829,000

Price
Listing provided courtesy of CRMLS

Nestled in the Heart of Los Feliz Village is a Prime piece of land ready for an investor, developer, or even an owner-user to build a dream property. Zoned as LAR2, the subject property boasts an impressive 6,749 Flat Square Foot Lot. The lot's location is near many amenities including public transportation, grocery and convenient stores, entertainment and theaters including the historic Greek Theatre, L.A. Zoo, Autry Museum and the Griffith Observatory, and many acclaimed bars and restaurants. This is a great opportunity to build a home or units in a highly desirable area at the specifications that You desire. Don't pass on this opportunity!! Buyer to cooperate with Seller's 1031 Exchange at no cost to Buyer.

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August, 2018
Aug 2, 2018

Date

Sold (Public Records)

Public Records

$760,000

Price
May, 2018
May 9, 2018

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 4521 Melbourne Ave

Assessed Value (2020): --

Year	Land Value	Improved Value	Assessed Value
2020	$775,200	--	--

About 4521 Melbourne Ave

Detailed summary of property

4521 Melbourne Ave is categorized with a use code of Residential-Vacant Land in Los Angeles, CA 90027 and last sold on August 2, 2018 for $760,000. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,749 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 32.14% lower than the current median priced home. 4521 Melbourne Ave was last sold on August 2, 2018 for $760,000. Local nearby listings include 4310 Cedarhurst Circle, 4747 Ambrose Ave and 1743 N Edgemont St #4. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 4521 Melbourne Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4521 Melbourne Ave

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: 6,749
Stories: --

Type: Residential-Vacant Land
Pool: No
Spa: No
County: Los Angeles
Lot#: 87
APN: 5590-019-016

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,495,000

Median List Price/Sq.Ft.

$928

Median Sold Price

$2,340,000

Median Sold Price/Sq.Ft.

$1,093

Total Inventory

Median Sale to List Price %

126.55%

Avg Days on Market

Loan Type

Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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(714) 706-1823

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