508 S Rimpau Blvd Los Angeles, CA 90020

$4,986,500 Sold Price as of 06/11/2018

6 Beds
4 Baths
5,770 Sq.Ft.

Off Market

$4,986,500 Sold Price as of 06/11/2018 Refinance Your Mortgage

Map preview of 508 S Rimpau Blvd, Los Angeles, CA 90020

Property Overview: 508 S Rimpau Blvd Los Angeles, CA has 6 bedrooms, 4 bathrooms, 5,770 living square feet and 17,091 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

508 S Rimpau Blvd 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 508 S Rimpau Blvd

Last sold for $4,986,500 on June 11th, 2018

June, 2018
Jun 12, 2018

Date

Sold

CRMLS: 18325850

$4,986,350

Price
Apr 27, 2018

Date

Active Under Contract

CRMLS: 18325850

$4,995,000

Price
Apr 13, 2018

Date

Active

CRMLS: 18325850

$4,995,000

Price
Apr 11, 2018

Date

Active Under Contract

CRMLS: 18325850

$4,995,000

Price
Mar 28, 2018

Date

Active

CRMLS: 18325850

$4,995,000

Price
Listing provided courtesy of CRMLS

Designed in 1926 by architectural designer George Barber, DeGarmo House commands a prime parcel in Hancock Park. Built in the spirit of an Italian villa, this estate has it all: grand entrance hall w/powder, generous living room w/stone FP, family room w/bar, charming library, elegant dining room, up-to-date country kitchen, service room, back staircase, and a maid's room w/bath. Upstairs features four bedrooms, two bathrooms, plus a master suite w/FP, study, dressing rooms and luxurious bath. Lushly planted, the grounds showcase private gardens, verdant lawns, a paddle tennis court, garage and motor court. Seldom are homes given such care and consideration: gracious, luxurious, tasteful, and moments away from Larchmont Village.

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June, 2018
Jun 11, 2018

Date

Sold (Public Records)

Public Records

$4,986,500

Price
February, 1996
Feb 29, 1996

Date

Sold (Public Records)

Public Records

$760,000

Price

Tax History for 508 S Rimpau Blvd

Assessed Value (2020): $5,187,745

Year	Land Value	Improved Value	Assessed Value
2020	$4,150,259	$1,037,486	$5,187,745

About 508 S Rimpau Blvd

Detailed summary of property

508 S Rimpau Blvd is a single family home in Los Angeles, CA 90020 and last sold on June 11, 2018 for $4,986,500. This house has 6 bedrooms, 4 bathrooms, roughly 5,770 living square feet, and sits on an approximately 17,091 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 345.22% higher than the current median priced home. 508 S Rimpau Blvd was last sold on June 11, 2018 for $4,986,500. Local nearby listings include 4460 Wilshire Blvd #505, 268 S Arden Blvd. and 191 S Hudson Ave. 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 508 S Rimpau Blvd Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 508 S Rimpau Blvd

Public county record property details

Beds: 6
Baths: 4
Year built: 1927
Sq. Ft.: 5,770
Lot Size: 17,091
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 13
APN: 5505-008-006

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$800,000

Median List Price/Sq.Ft.

$674

Median Sold Price

$661,000

Median Sold Price/Sq.Ft.

$656

Total Inventory

Median Sale to List Price %

94.56%

Avg Days on Market

Loan Type

Conventional (0%), FHA (11.11%), VA (0%), Cash (0%), Other (11.11%)

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