556 Midvale Ave Los Angeles, CA 90024

$5,120,000 Sold Price as of 04/28/2016

12 Beds
12 Baths
8,557 Sq.Ft.

Off Market

$5,120,000 Sold Price as of 04/28/2016 Refinance Your Mortgage

Map preview of 556 Midvale Ave, Los Angeles, CA 90024

Property Overview: 556 Midvale Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 8,557 living square feet and 8,665 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

556 Midvale 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 $1,209,000. 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 $241,800 for the down payment and will need roughly $24,180 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 556 Midvale Ave

Last sold for $5,120,000 on April 28th, 2016

April, 2016
Apr 28, 2016

Date

Sold (Public Records)

Public Records

$5,120,000

Price
April, 2015
Apr 22, 2015

Date

Sold (Public Records)

Public Records

$4,417,000

Price

Tax History for 556 Midvale Ave

Assessed Value (2020): $5,542,251

Year	Land Value	Improved Value	Assessed Value
2020	$4,329,728	$1,212,523	$5,542,251

About 556 Midvale Ave

Detailed summary of property

556 Midvale Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90024 and last sold on April 28, 2016 for $5,120,000. This property has 12 bedrooms, 12 bathrooms, roughly 8,557 living square feet, and sits on an approximately 8,665 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 357.14% higher than the current median priced home. 556 Midvale Ave was last sold on April 28, 2016 for $5,120,000. Local nearby listings include 284 Bronwood Ave, 141 N Bentley Ave and 167 N Bentley Ave. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 556 Midvale Ave Los Angeles, CA 90024 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 556 Midvale Ave

Public county record property details

Beds: 12
Baths: 12
Year built: 1950
Sq. Ft.: 8,557
Lot Size: 8,665
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 9
APN: 4363-010-017

The source for these homes facts are from public records.

90024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,290,000

Median List Price/Sq.Ft.

$819

Median Sold Price

$1,245,000

Median Sold Price/Sq.Ft.

$697

Total Inventory

174

Median Sale to List Price %

96.14%

Avg Days on Market

Loan Type

Conventional (3.13%), FHA (0%), VA (0%), Cash (9.38%), Other (3.13%)

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(714) 706-1823

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