6142 Palm Ave Maywood, CA 90270

$1,550,000 Sold Price as of 11/30/2018

12 Beds
8 Baths
4,911 Sq.Ft.

Off Market

$1,550,000 Sold Price as of 11/30/2018 Refinance Your Mortgage

Map preview of 6142 Palm Ave, Maywood, CA 90270

Property Overview: 6142 Palm Ave Maywood, CA has 12 bedrooms, 8 bathrooms, 4,911 living square feet and 7,876 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

6142 Palm Ave is currently an off market home in the city of Maywood. 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 Maywood has a median list price of $639,000. The median price per/sqft for Maywood is $531. With those numbers in mind, if you are looking to purchase a median priced home in Maywood, CA and put 20% down you will need to save up $127,800 for the down payment and will need roughly $12,780 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 Maywood the commission could be as much as $34,000. 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 6142 Palm Ave

Last sold for $1,550,000 on November 30th, 2018

December, 2018
Dec 1, 2018

Date

Sold

CRMLS: WS18198603

$1,550,000

Price
Sep 26, 2018

Date

Pending

CRMLS: WS18198603

$1,595,000

Price
Aug 15, 2018

Date

Active

CRMLS: WS18198603

$1,595,000

Price
Listing provided courtesy of CRMLS

Great 8 unit property in the City of Maywood. CAP Rate is at 4.7% at current sale price. Each unit has their own parking spot and has community laundry. Low maintenance buildings! Potential upside on rental income especially for the single bedroom units.Current owner has given a small increased scheduled in October. Property shares driveway with neighboring apartment building. Feel free to DRIVE BY ONLY. Do not disturb tenants as they are unaware of sale.

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November, 2018
Nov 30, 2018

Date

Sold (Public Records)

Public Records

$1,550,000

Price
May, 2013
May 8, 2013

Date

Sold (Public Records)

Public Records

$900,000

Price

Tax History for 6142 Palm Ave

Assessed Value (2020): $1,581,000

Year	Land Value	Improved Value	Assessed Value
2020	$459,000	$1,122,000	$1,581,000

About 6142 Palm Ave

Detailed summary of property

6142 Palm Ave is categorized with a use code of Apartment House (5+ Units) in Maywood, CA 90270 and last sold on November 30, 2018 for $1,550,000. This property has 12 bedrooms, 8 bathrooms, roughly 4,911 living square feet, and sits on an approximately 7,876 square foot lot. Homes in Maywood are selling for a median price of $680,000 and a median price per square foot of $798. Based on Ardent Real Estate Group's Maywood Market Data, this home is sold 127.94% higher than the current median priced home. 6142 Palm Ave was last sold on November 30, 2018 for $1,550,000. Local nearby listings include 677 South Gerhart Avenue, 3900 E 3rd St and 7604 Stewart And Gray Rd #D. The average home in Maywood, CA is selling in 52 days. There are currently 9 homes for sale in the Maywood real estate market and 7 of them are single family homes while 0 of them are condos and 2 are townhomes. If you are the homeowner and looking to sell the home at 6142 Palm Ave Maywood, CA 90270 contact Ardent Real Estate Group and we will put you in touch with one of our Maywood agents.

Public Facts for 6142 Palm Ave

Public county record property details

Beds: 12
Baths: 8
Year built: 1963
Sq. Ft.: 4,911
Lot Size: 7,876
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1896
APN: 6315-013-010

The source for these homes facts are from public records.

90270 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$639,000

Median List Price/Sq.Ft.

$531

Median Sold Price

$680,000

Median Sold Price/Sq.Ft.

$798

Total Inventory

Median Sale to List Price %

104.62%

Avg Days on Market

Loan Type

Conventional (0%), FHA (100%), VA (0%), Cash (0%), Other (0%)

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