588 E Avenue 28 Los Angeles, CA 90031

$242,000 Sold Price as of 01/24/2003

4 Beds
2 Baths
1,178 Sq.Ft.

Off Market

$242,000 Sold Price as of 01/24/2003 Refinance Your Mortgage

Map preview of 588 E Avenue 28, Los Angeles, CA 90031

Property Overview: 588 E Avenue 28 Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,178 living square feet and 6,467 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

588 E Avenue 28 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 $1,250,000. The median price per/sqft for Los Angeles is $773. 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 $250,000 for the down payment and will need roughly $25,000 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 $52,500. 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 588 E Avenue 28

Last sold for $242,000 on January 24th, 2003

August, 2021
Aug 31, 2021

Date

Hold

CRMLS: OC21190533

$1,250,000

Price
Aug 28, 2021

Date

Active

CRMLS: OC21190533

$1,250,000

Price
Listing provided courtesy of CRMLS

Single Family Residence in quiet cul-de-sac location. There is an additional empty lot in the back and The Parcel Number: 5206-018-007 = 7,210sqft. Two lots with the price of one (First lot: 6,467sqft. Second lot: 7,210sqft. Total combine lot size: 13,737sqft). Property is in R2 zoning. New owners can expand or build another house or income properties. Easy access to the 5, 10, 710, 60 freeways.

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May, 2021
May 15, 2021

Date

Active

CRMLS: WS21103182

$899,999

Price
Listing provided courtesy of CRMLS

Great opportunity to own Income Property in Lincoln Heights. This is a unit of 1178 Sqft (4 bedrooms and 2 bathrooms)on a LAR2 Zone lot. There is a large vacant site in the backyard which is for sale too. Combining two pieces of land, around 13,737 sqft, which can converted into a multi-unit residential income properties. This object is very close to FRWY 10 / 5 / 710/ 60, Schools, Shopping, Park, Dodger Stadium, Downtown LA, Staples Center, Hollywood, Pasadena, USC medical Center, Arts District, Lincoln Park, Chinatown, and Cal State L.A. This house features an open floor plan w/ a living room connected to the kitchen. There is ample parking in the front driveway, carport/ street, and beyond the garage, the gated exterior grounds are very spacious with plenty of room for RV parking or Outdoor Family Gatherings. Because of its R2 zoning, it can be easily expanded into multiple-unit income properties. This versatile living space with an epic city view in the fast-rising city of Lincoln Heights is a great opportunity for a homeowner or developer/ investor.

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May, 2021
May 13, 2021

Date

Canceled

CRMLS: WS21054659

$1,195,000

Price
Apr 1, 2021

Date

Active

CRMLS: WS21054659

$1,195,000

Price
Mar 19, 2021

Date

Coming Soon

CRMLS: WS21054659

$1,195,000

Price
Listing provided courtesy of CRMLS

Great opportunity to own Income Property in Lincoln Heights. This sale consists of two separate parcels of land (Zone: R2+R1) and a unit of 1178 Sqft of 4 bedrooms and 2 baths renovated craftsman style home, which is very close proximity to FRWY 10 / 5 / 710/ 60, Schools, Shopping, Park, Dodger Stadium, Downtown LA, Staples Center, Hollywood, Pasadena, USC medical Center, Arts District, Lincoln Park, Chinatown, and Cal State L.A. This home features an open floor plan w/ a living room connected to the kitchen. There is ample parking in the front driveway, carport/ street, and beyond the garage, the gated exterior grounds are very spacious with plenty of room for RV parking or Outdoor Family Gatherings. Because of its R2 zoning, it can be easily expanded into multiple-unit income properties. This versatile living space with an epic city view in the fast-rising city of Lincoln Heights is a great opportunity for a homeowner or developer/ investor.

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January, 2003
Jan 24, 2003

Date

Sold (Public Records)

Public Records

$242,000

Price
March, 2002
Mar 12, 2002

Date

Sold (Public Records)

Public Records

$184,969

Price

Tax History for 588 E Avenue 28

Assessed Value (2020): $358,329

Year	Land Value	Improved Value	Assessed Value
2020	$216,323	$142,006	$358,329

About 588 E Avenue 28

Detailed summary of property

588 E Avenue 28 is a single family home in Los Angeles, CA 90031 and last sold on January 24, 2003 for $242,000. This house has 4 bedrooms, 2 bathrooms, roughly 1,178 living square feet, and sits on an approximately 6,467 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 76.95% lower than the current median priced home. 588 E Avenue 28 was last sold on January 24, 2003 for $242,000. Local nearby listings include 3711 Baldwin St #1106, 431 W Cedar St and 3711 Baldwin St #804. The average home in Los Angeles, CA is selling in 97 days. There are currently 3357 homes for sale in the Los Angeles real estate market and 2273 of them are single family homes while 993 of them are condos and 86 are townhomes. If you are the homeowner and looking to sell the home at 588 E Avenue 28 Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 588 E Avenue 28

Public county record property details

Beds: 4
Baths: 2
Year built: 1915
Sq. Ft.: 1,178
Lot Size: 6,467
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 7
APN: 5206-018-006

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$762,000

Median List Price/Sq.Ft.

$573

Median Sold Price

$950,000

Median Sold Price/Sq.Ft.

$762

Total Inventory

Median Sale to List Price %

105.67%

Avg Days on Market

Loan Type

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

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