5700 Clemson St Los Angeles, CA 90016

$2,200,000 Sold Price as of 12/23/2020

12 Beds
8 Baths
6,604 Sq.Ft.

Off Market

$2,200,000 Sold Price as of 12/23/2020 Refinance Your Mortgage

Map preview of 5700 Clemson St, Los Angeles, CA 90016

Property Overview: 5700 Clemson St Los Angeles, CA has 12 bedrooms, 8 bathrooms, 6,604 living square feet and 17,996 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5700 Clemson 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 $1,249,000. The median price per/sqft for Los Angeles is $778. 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 $249,800 for the down payment and will need roughly $24,980 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 $56,500. 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 5700 Clemson St

Last sold for $2,200,000 on December 23rd, 2020

June, 2024
Jun 20, 2024

Date

Expired

CRMLS: 23312819

$3,750,000

Price
Sep 20, 2023

Date

Active

CRMLS: 23312819

$3,750,000

Price
Listing provided courtesy of CRMLS

RTI plans to add another seven units to the existing renovated 8-unit apartment building on a large lot with parking. There is also an option for fractional ownership. Currently, there are four 2-bed 1-Bath and four 1-bed 1-Bath units. Six of those eight units were taken to the studs and completely renovated with new double-pane Milgard windows, copper plumbing, electrical wiring, mini-split-system HVAC, wine coolers, and other high-end finishes. Sellers have RTI plans to add 3 townhouse-style units and add 4 townhouse-style ADUs. All units will be 2 beds + 2.5 baths with spacious floor plans (+/- 1,250 SF), rooftop decks, and private yards. The property is on a quiet tree-lined street in a quickly developing Culver City adjacent neighborhood project. It is within two blocks of the La Cienega/Jefferson Light Rail Metro Station that connects Downtown Los Angeles and Santa Monica. The property is within a 5-minute walk to Target and Whole Foods Market. There are multiple transformational development projects within a few blocks of numerous major employers within a 1.5-mile radius. Call for more details.

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December, 2020
Dec 29, 2020

Date

Sold

CRMLS: IN20208288

$2,200,000

Price
Oct 30, 2020

Date

Pending

CRMLS: IN20208288

$2,200,000

Price
Oct 4, 2020

Date

Active

CRMLS: IN20208288

$2,200,000

Price
Listing provided courtesy of CRMLS

5700 Clemson Street, Los Angeles is an 08-unit apartment building built in 1948 Lot size 17996 Zoning LARD 1.5. The unit mix consists of 4 1bed+1bath units, 4 2bed+1bath units, 8 Covered parking spaces. The two-bedroom units feature large bedrooms, large kitchens, spacious living rooms, ample storage and closet, Close to schools, shopping centers, walking distance to Metro Light Rail E Line Station(EXPO). Mid City area minutes to the ocean, Down Town Los Angeles, Adjacent to Baldwin Hills Hiking, Culver City stairs, much more. This building and Lot 17996 sq foot lot plenty of upside for the possibility of adding more units buyer to due their due diligence with the city to see if its possible must-see!!!!!!!!!!!!!! Please Do not disturb the tenants. Lots of new developments in the area West Adams-Baldwin Hills-Leimert Community Plan Area Cumulus Transit Oriented/Mixed-Use Project Case Number: ENV-2014-4755-EIR Location: 3321, 3351 S. La Cienega Blvd.; 5707, 5717, 5727, 5733, 5735 W. Jefferson Blvd., Los Angeles, CA 90016 Council District: 10, Herb WessonProject Description: The commercial space would include 200,000 square feet of office space, 50,000 square feet of the grocery store, 20,000 square feet of restaurant space, and 30,000 square feet of general retail.

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December, 2020
Dec 23, 2020

Date

Sold (Public Records)

Public Records

$2,200,000

Price
March, 2014
Mar 3, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 5700 Clemson St

Assessed Value (2020): $1,032,654

Year	Land Value	Improved Value	Assessed Value
2020	$730,042	$302,612	$1,032,654

About 5700 Clemson St

Detailed summary of property

5700 Clemson St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90016 and last sold on December 23, 2020 for $2,200,000. This property has 12 bedrooms, 8 bathrooms, roughly 6,604 living square feet, and sits on an approximately 17,996 square foot lot. Homes in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 94.69% higher than the current median priced home. 5700 Clemson St was last sold on December 23, 2020 for $2,200,000. Local nearby listings include 3947 S Cloverdale Ave, 5120 Village and 5193 Village. The average home in Los Angeles, CA is selling in 98 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. If you are the homeowner and looking to sell the home at 5700 Clemson St Los Angeles, CA 90016 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5700 Clemson St

Public county record property details

Beds: 12
Baths: 8
Year built: 1948
Sq. Ft.: 6,604
Lot Size: 17,996
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 7
APN: 5047-021-041

The source for these homes facts are from public records.

90016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,098,000

Median List Price/Sq.Ft.

$744

Median Sold Price

$1,150,000

Median Sold Price/Sq.Ft.

$742

Total Inventory

Median Sale to List Price %

95.91%

Avg Days on Market

Loan Type

Conventional (31.58%), FHA (0%), VA (0%), Cash (10.53%), Other (15.79%)

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