4823 W 17Th St Los Angeles, CA 90019

$1,600,000 Sold Price as of 06/07/2018

13 Beds
9 Baths
6,559 Sq.Ft.

Off Market

$1,600,000 Sold Price as of 06/07/2018 Refinance Your Mortgage

Map preview of 4823 W 17Th St, Los Angeles, CA 90019

Property Overview: 4823 W 17Th St Los Angeles, CA has 13 bedrooms, 9 bathrooms, 6,559 living square feet and 9,118 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4823 W 17Th 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 4823 W 17Th St

Last sold for $1,600,000 on June 7th, 2018

April, 2021
Apr 1, 2021

Date

Expired

CRMLS: 21674704

$2,250,000

Price
Jan 1, 2021

Date

Active

CRMLS: 21674704

$2,250,000

Price
Listing provided courtesy of CRMLS

Pleased to present a premium 9-unit apartment building, located at 4823 W. 17th St, Los Angeles CA 90019. This centrally-located Mid-City neighborhood has seen both rental rates and housing demand rise steadily in recent years, as residents driven by the creative and tech community have been relocating from nearby Culver City and Downtown LA. Originally constructed in 1960, the property has been redeveloped and improved, and the soft-story retrofit has been completed. It features 9 apartment units with 5 one-bedrooms, 4 two-bedrooms, within its 6,559 gross square feet. Its location has a Walk Score of 78 and is considered very walkable as most errands can be accomplished on foot. It is in close proximity to many amenities including the trendy Adams Coffee Shop, Con Sabor a Peru, Roscoes House of Chicken and Waffles, the US Post Office, a Sprouts supermarket, and other neighborhood markets and retail establishments.

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May, 2020
May 7, 2020

Date

Expired

CRMLS: 19512978

$2,250,000

Price
Jan 16, 2020

Date

Active

CRMLS: 19512978

$2,250,000

Price
Jan 6, 2020

Date

Expired

CRMLS: 19512978

$2,250,000

Price
Sep 20, 2019

Date

Active

CRMLS: 19512978

$2,250,000

Price
Listing provided courtesy of CRMLS

I am pleased to offer for sale a nine-unit apartment community located at 4823 West 17th Street. The subject property is located just south of Venice Boulevard within the Mid-City sub-market in a dense infill pocket of Los Angeles. The property comprises of five one-bedroom units and four two-bedroom units. Current ownership has extensively renovated of the nine units at the property including adding stainless appliances, new flooring and upgraded kitchens and bathrooms. Additionally, the common area has been improved with new exterior enhancements and landscaping upgrades. Due to its 1960 construction, the property is subject to Los Angeles rent control statutes. The continued gentrification of the surrounding area along with the value-add potential for a new owner to continue renovating the additional two units and achieve superior future returns moving forward make 4823 West 17th Street an excellent acquisition opportunity.

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June, 2018
Jun 7, 2018

Date

Sold (Public Records)

Public Records

$1,600,000

Price
August, 2010
Aug 6, 2010

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 4823 W 17Th St

Assessed Value (2020): $1,664,640

Year	Land Value	Improved Value	Assessed Value
2020	$1,248,480	$416,160	$1,664,640

About 4823 W 17Th St

Detailed summary of property

4823 W 17Th St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90019 and last sold on June 7, 2018 for $1,600,000. This property has 13 bedrooms, 9 bathrooms, roughly 6,559 living square feet, and sits on an approximately 9,118 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 42.86% higher than the current median priced home. 4823 W 17Th St was last sold on June 7, 2018 for $1,600,000. Local nearby listings include 1266 S Sycamore Ave, 1248 S Orange Dr and 4925 W 20th 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 4823 W 17Th St Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4823 W 17Th St

Public county record property details

Beds: 13
Baths: 9
Year built: --
Sq. Ft.: 6,559
Lot Size: 9,118
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 66,67
APN: 5067-007-019

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,450,000

Median List Price/Sq.Ft.

$703

Median Sold Price

$1,277,500

Median Sold Price/Sq.Ft.

$715

Total Inventory

Median Sale to List Price %

98.65%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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