616 N Grand Ave, Los Angeles, CA 90012
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616 N Grand Ave Los Angeles, CA 90012

$790,000 Sold Price as of 02/03/2021
  • 3 Beds
  • 2 Baths
  • 1,627 Sq.Ft.
Sold
$790,000 Sold Price as of 02/03/2021 Refinance Your Mortgage

Map preview of 616 N Grand Ave, Los Angeles, CA 90012

Property Overview: 616 N Grand Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,627 living square feet and 4,933 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rare find in the Chinatown area, close to DTLA, Union Station and Olvera St! Great potential for investors and rental income, or live in one and rent the other. This duplex has a front unit with 2 bedrooms/1 bath and a back unit with 1 bedroom/1 bath. Features include high ceilings, bamboo floors, tile floors, laminate counters, stainless steel appliances in the front unit, some double paned windows, large pantry, bonus room off the kitchen, updated electrical lines, ABS and copper piping, tankless water heater, separate laundry room, separate storage room, front porch area and 2 enclosed single car garages. Convenient to the 110 and 101 freeways as well as shops and restaurants. Come take a look and don't miss out on this opportunity! ** See video here: https://www.dropbox.com/s/p1bdgh41x61uoa6/616%20N%20Grand.mov?dl=0

Listed by LORI KWAN | BRE #01736283 | RE/MAX TOP PRODUCERS
Last checked: 2 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
4,933
HOA Dues
$0/mo
Year built
1954
Garage
2 Car
Property Type:
Duplex
Status
Sold
MLS#
CV20239366
City
Los Angeles
County
Los Angeles
Time on Site
1215 days

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 616 N Grand Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Area
  • Flooring: Bamboo, Tile
  • Bonus Room, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Gas Range
  • Laminate Counters
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Copper Plumbing Partial, High Ceilings, Laminate Counters, Pantry
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Has Fence
  • Block, Wrought Iron
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage, Garage Faces Rear
  • Has Attached Garage
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5407017057
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Grand and Cesar Chavez Ave
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 616 N Grand Ave

Last sold for $790,000 on February 3rd, 2021
  • February, 2021

  • Feb 3, 2021

    Date

    Sold

    CRMLS: CV20239366

    $790,000

    Price

  • Jan 28, 2021

    Date

    Pending

    CRMLS: CV20239366

    $800,000

    Price

  • Dec 30, 2020

    Date

    Price Change

    CRMLS: CV20239366

    $800,000

    Price

  • Dec 29, 2020

    Date

    Active Under Contract

    CRMLS: CV20239366

    $849,900

    Price

  • Nov 14, 2020

    Date

    Active

    CRMLS: CV20239366

    $849,900

    Price

  • February, 2021

  • Feb 3, 2021

    Date

    Sold (Public Records)

    Public Records

    $790,000

    Price

  • May, 2005

  • May 13, 2005

    Date

    Sold (Public Records)

    Public Records

    $510,000

    Price

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Tax History for 616 N Grand Ave

Assessed Value (2020): $650,013
Year Land Value Improved Value Assessed Value
2020 $535,309 $114,704 $650,013

Home Value Compared to the Market

This property vs the competition

616 N Grand Ave sold on February 3, 2021 for 32.77% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $491.7 per/sqft which puts the price per square foot 34.87% lower than the current median sale per square foot for the city of Los Angeles.

About 616 N Grand Ave

Detailed summary of property

616 N Grand Ave is a duplex that recently sold in Los Angeles, CA 90012. This duplex offered 3 bedrooms, 2 bathrooms, roughly 1,627 living square feet, and sits on an approximately 4,933 square foot lot. 616 N Grand Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $790,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.77% lower than the current median priced home. Local homes that are currently for sale include 2918 Baldwin St, 2103 Michigan Ave and 2733 Council St. While the average home in Los Angeles, CA is selling in 92 days, 616 N Grand Ave has a days on market of 45 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 616 N Grand Ave Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 616 N Grand Ave

Public county record property details
Beds
3
Baths
2
Year built
1954
Sq. Ft.
1,627
Lot Size
4,933
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5407-017-057

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$585
Median Sold Price
$462,500
Median Sold Price/Sq.Ft.
$610
Total Inventory
58
Median Sale to List Price %
92.69%
Avg Days on Market
97
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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Related Resources to 616 N Grand Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.