643 Maltman Ave Los Angeles, CA 90026

$5,960,000 Sold Price as of 01/19/2018

8 Beds
8 Baths
7,830 Sq.Ft.

Off Market

$5,960,000 Sold Price as of 01/19/2018 Refinance Your Mortgage

Map preview of 643 Maltman Ave, Los Angeles, CA 90026

Property Overview: 643 Maltman Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 7,830 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

643 Maltman 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 $1,209,000. 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 $241,800 for the down payment and will need roughly $24,180 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 643 Maltman Ave

Last sold for $5,960,000 on January 22nd, 2018

January, 2018
Jan 23, 2018

Date

Sold

CRMLS: 17287694

$5,960,000

Price
Jan 8, 2018

Date

Pending

CRMLS: 17287694

$6,100,000

Price
Nov 8, 2017

Date

Active

CRMLS: 17287694

$6,100,000

Price
Listing provided courtesy of CRMLS

We are pleased to present the opportunity to acquire "637-643-647 North Maltman Avenue", an 18 unit, 3 building, investment opportunity located in Silver Lake (90026). The current ownership has created a proven concept that is supported by strong/sustainable current rents for 12 of the 18 units and allowing rental upside for the remaining. Furthermore, the astute investor could potentially undergo an exterior and common area improvement program that could further push rental values for the asset. An excellent unit composition includes One Bedroom, Jr. One Bedrooms and Single Family Homes. Situated on 3 contiguous R3 Zoned parcels of land totaling +/-22,499 SF, with +/- 150 feet of frontage on Maltman Avenue, which could allow for a future luxury development opportunity. Centrally located in Silver Lake, 637-643-647 North Maltman Avenue is poised to capitalize on the tremendous momentum in the Hollywood-Silver Lake sub-market. Contact agents for full marketing package.

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January, 2018
Jan 19, 2018

Date

Sold (Public Records)

Public Records

$5,960,000

Price
February, 2015
Feb 27, 2015

Date

Sold (Public Records)

Public Records

$3,405,000

Price

Tax History for 643 Maltman Ave

Assessed Value (2020): $2,481,354

Year	Land Value	Improved Value	Assessed Value
2020	$1,841,508	$639,846	$2,481,354

About 643 Maltman Ave

Detailed summary of property

643 Maltman Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90026 and last sold on January 19, 2018 for $5,960,000. This property has 8 bedrooms, 8 bathrooms, roughly 7,830 living square feet, and sits on an approximately 7,500 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 432.14% higher than the current median priced home. 643 Maltman Ave was last sold on January 19, 2018 for $5,960,000. Local nearby listings include 142 N Vendome St, 3311 Larissa Dr and 957 Manzanita St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 643 Maltman Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 643 Maltman Ave

Public county record property details

Beds: 8
Baths: 8
Year built: 1928
Sq. Ft.: 7,830
Lot Size: 7,500
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 32
APN: 5401-004-022

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,200,000

Median List Price/Sq.Ft.

$813

Median Sold Price

$1,217,000

Median Sold Price/Sq.Ft.

$985

Total Inventory

Median Sale to List Price %

101.5%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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(714) 706-1823

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