5964 Chula Vista Way Los Angeles, CA 90068

$--

4 Beds
3 Baths
2,988 Sq.Ft.

Off Market

Map preview of 5964 Chula Vista Way, Los Angeles, CA 90068

Property Overview: 5964 Chula Vista Way Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,988 living square feet and 7,673 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5964 Chula Vista Way 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 5964 Chula Vista Way

View property's historical transactions

November, 2018
Nov 30, 2018

Date

Expired

CRMLS: 18348666

$1,695,000

Price
Aug 9, 2018

Date

Price Change

CRMLS: 18348666

$1,695,000

Price
Jun 28, 2018

Date

Price Change

CRMLS: 18348666

$1,850,000

Price
May 29, 2018

Date

Active

CRMLS: 18348666

$2,175,000

Price
Listing provided courtesy of CRMLS

Development Opportunity in Franklin Village! Currently a duplex consisting of two separate single family homes: The first home is a large 2,460 square foot two-story three-bedroom / two-bathroom with an office and formal dining room. The rear home is a 528 square foot single-story one-bedroom / one-bathroom. The property also has ample on-site parking and a garage, with a huge front yard and space for a private backyard for the back house. Both units to be delivered vacant at close of escrow. Front house is owner-occupied while the back house is currently rented via Airbnb. The lot size is 7,673 square feet, which is significantly larger than most of the parcels in the neighborhood. The zoning is LARD1.5XL which may allow redevelopment of up to 5) 1,500 square foot units with 30' max height. Buyer is responsible for confirming all applicable zoning regulations, requirements & allowances. Plans / entitlements not included. Excellent opportunity with huge potential upside.

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November, 2018
Nov 22, 2018

Date

Expired

CRMLS: SR18147970

$2,200,000

Price
Jun 21, 2018

Date

Price Change

CRMLS: SR18147970

$2,200,000

Price
Jun 21, 2018

Date

Active

CRMLS: SR18147970

$2,300,000

Price
Listing provided courtesy of CRMLS

Fantastic development opportunity. Prime 7,673 SF zoned LARD 1.5 in Hollywood. Tremendous upside potential. Current use is a Duplex. Drive-By ONLY. Do Not Disturb Occupants. Interior showing with accepted offer.

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November, 2018
Nov 22, 2018

Date

Expired

CRMLS: SR18147975

$2,200,000

Price
Jun 21, 2018

Date

Price Change

CRMLS: SR18147975

$2,200,000

Price
Jun 21, 2018

Date

Active

CRMLS: SR18147975

$2,300,000

Price
Listing provided courtesy of CRMLS

Fantastic development opportunity. Prime 7,673 SF zoned LARD 1.5 in Hollywood. Tremendous upside potential. Current use is a Duplex. Drive-By ONLY. Do Not Disturb Occupants. Interior showing with accepted offer.

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Tax History for 5964 Chula Vista Way

Assessed Value (2020): $525,120

Year	Land Value	Improved Value	Assessed Value
2020	$250,544	$274,576	$525,120

About 5964 Chula Vista Way

Detailed summary of property

5964 Chula Vista Way is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90068 and is currently off market. This property has 4 bedrooms, 3 bathrooms, roughly 2,988 living square feet, and sits on an approximately 7,673 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. Local nearby listings include 2604 Rutherford Dr, 2039 N Gramercy Pl and 6008 Carlton Way. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 5964 Chula Vista Way Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5964 Chula Vista Way

Public county record property details

Beds: 4
Baths: 3
Year built: 1913
Sq. Ft.: 2,988
Lot Size: 7,673
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 24
APN: 5586-014-004

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,200,000

Median List Price/Sq.Ft.

$847

Median Sold Price

$1,720,000

Median Sold Price/Sq.Ft.

$766

Total Inventory

198

Median Sale to List Price %

98.29%

Avg Days on Market

Loan Type

Conventional (20%), FHA (0%), VA (4%), Cash (4%), Other (16%)

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(714) 706-1823

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