6242 Drexel Ave Los Angeles, CA 90048

$3,200,000 Sold Price as of 03/11/2019

4 Beds
5 Baths
3,400 Sq.Ft.

Off Market

$3,200,000 Sold Price as of 03/11/2019 Refinance Your Mortgage

Map preview of 6242 Drexel Ave, Los Angeles, CA 90048

Property Overview: 6242 Drexel Ave Los Angeles, CA has 4 bedrooms, 5 bathrooms, 3,400 living square feet and 6,024 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

6242 Drexel Ave 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 6242 Drexel Ave

Last sold for $3,200,000 on March 11th, 2019

March, 2019
Mar 11, 2019

Date

Sold

CRMLS: 18403352

$3,200,000

Price
Feb 11, 2019

Date

Pending

CRMLS: 18403352

$3,395,000

Price
Jan 11, 2019

Date

Price Change

CRMLS: 18403352

$3,395,000

Price
Jan 4, 2019

Date

Active

CRMLS: 18403352

$3,495,000

Price
Dec 31, 2018

Date

Hold

CRMLS: 18403352

$3,495,000

Price
Nov 2, 2018

Date

Active

CRMLS: 18403352

$3,495,000

Price
Listing provided courtesy of CRMLS

Situated in prime Beverly Grove on the highly desirable Drexel Avenue, this four-bedroom, four-and-a-half-bathroom, newly constructed modern home has been thoughtfully elevated to a higher level of luxury. Complete with new smart home technology and a Leicht, German-designed kitchen with Miele appliances, the thoroughly modern and voluminous interior seamlessly flows through a pair of hideaway glass walls to a saltwater pool and spa and grassy yard for the quintessential indoor-outdoor California lifestyle. The volume of space continues upstairs to the bedroom suites, including the oversized master suite complete with a private balcony, large walk-in closet and soaking tub. European, glass pocket doors, custom-built closets and skylights fill the residence with natural light. The star feature - not to be overlooked - is an approximately 500-square-foot rooftop deck with views of the city and Hollywood Sign. Just blocks to the city's most influential fashion and culinary destinations.

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March, 2019
Mar 11, 2019

Date

Sold (Public Records)

Public Records

$3,200,000

Price
March, 2015
Mar 17, 2015

Date

Sold (Public Records)

Public Records

$3,000,000

Price
August, 2014
Aug 14, 2014

Date

Price Change

CRMLS: 14785479

$2,895,000

Price
Listing provided courtesy of CRMLS

Cutting edge entertainer's dream home in prime Beverly Grove. This new and innovative home features nearly 4000 sq feet of luxury living, complete with state-of-the-art Leicht German designer kitchen, Miele appliances including espresso machine, stone counters, stunning hardwood floors, volume ceilings, amazing European windows and skylights which flood the house with natural light. Expansive open plan with stunning finishes and attention to detail, this home has 4 bedrooms, 4.5 designer bathrooms, center open staircase, private bedroom balconies, covered patio, and an amazing 576 sq ft roof top patio with panoramic views of the city. This home is wired for the smart home technology expected by today's lifestyle buyer. Relax and enjoy a flat grassy backyard, waterfall edge decorative pool and private spa. Close to popular restaurants, shops and entertainment.

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Tax History for 6242 Drexel Ave

Assessed Value (2020): $3,264,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,633,836	$1,630,164	$3,264,000

About 6242 Drexel Ave

Detailed summary of property

6242 Drexel Ave is a single family home in Los Angeles, CA 90048 and last sold on March 11, 2019 for $3,200,000. This house has 4 bedrooms, 5 bathrooms, roughly 3,400 living square feet, and sits on an approximately 6,024 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. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 185.71% higher than the current median priced home. 6242 Drexel Ave was last sold on March 11, 2019 for $3,200,000. Local nearby listings include 6381 Lindenhurst Ave, 6381 Lindenhurst Ave and 138 S Edinburgh Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 6242 Drexel Ave Los Angeles, CA 90048 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6242 Drexel Ave

Public county record property details

Beds: 4
Baths: 5
Year built: 2014
Sq. Ft.: 3,400
Lot Size: 6,024
Stories: --

Type: Single Family Residential
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 24
APN: 5510-010-024

The source for these homes facts are from public records.

90048 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,399,000

Median List Price/Sq.Ft.

$978

Median Sold Price

$1,300,000

Median Sold Price/Sq.Ft.

$757

Total Inventory

140

Median Sale to List Price %

100.01%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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