711 W Vernon Ave Los Angeles, CA 90037

$320,000 Sold Price as of 02/24/2016

2 Beds
1 Baths
2,350 Sq.Ft.

Off Market

$320,000 Sold Price as of 02/24/2016 Refinance Your Mortgage

Map preview of 711 W Vernon Ave, Los Angeles, CA 90037

Property Overview: 711 W Vernon Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 2,350 living square feet and 4,808 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

711 W Vernon 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 711 W Vernon Ave

Last sold for $320,000 on February 24th, 2016

December, 2021
Dec 22, 2021

Date

Expired

CRMLS: 320008238

$749,900

Price
Nov 8, 2021

Date

Active

CRMLS: 320008238

$745,900

Price
Listing provided courtesy of CRMLS

Mixed use property, 2 residential units in the back, front retail, commercial zoned(LA C2). The rear residential units are consist of 3br, 1 bth, and a 1br, 1 bth. The commercial space in the front could be split into 2 units. Its centrally located and close to all. All units are renovated recently. Please call for any specifics.

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August, 2021
Aug 29, 2021

Date

Active

CRMLS: 320007455

$745,900

Price
Listing provided courtesy of CRMLS

This is not your typical 4 plex. It offers 2 commercial space in the front and 2 residential units in the back of the property. The residential units are a 3 br, 1bath, and a 1 br, 1 bath. The front retail spaces (zoned C2)could be used for variety of businesses. Its centrally located and close to all. All units are renovated and occupied. Please call for any specifics.

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July, 2021
Jul 20, 2021

Date

Active

CRMLS: 320006955

$749,947

Price
Listing provided courtesy of CRMLS

A great mix-use property, front units are set up for 2 retail stores, all renovated within last year. The rear units are consists of 2 residentials, which is used as 3 bed. + 1 Bath. and the other unit is 1 bedroom + 1 bath. All in great condition. Plenty of on site parking in the back. Great location with tons of potential. Check the rate of return, about 6%.

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June, 2021
Jun 16, 2021

Date

Active

CRMLS: 320006502

$799,000

Price
Listing provided courtesy of CRMLS

A great mix-use property, front units are set up for 2 retail stores, all renovated within last 3 years. The rear units are consists of 2 residential units which is used as 2 bedroom, 1 bath and 1 bedroom, 1 bath, all in great condition. Plenty of on site parking in the back. great location with tons of potential. Great income for the investment.

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April, 2018
Apr 11, 2018

Date

Canceled

CRMLS: 16136414

$649,000

Price
Apr 3, 2018

Date

Active

CRMLS: 16136414

$649,000

Price
Mar 30, 2018

Date

Active Under Contract

CRMLS: 16136414

$649,000

Price
Mar 21, 2018

Date

Active

CRMLS: 16136414

$649,000

Price
Mar 13, 2018

Date

Price Change

CRMLS: 16136414

$649,000

Price
Mar 7, 2018

Date

Pending

CRMLS: 16136414

$629,000

Price
Feb 27, 2018

Date

Price Change

CRMLS: 16136414

$629,000

Price
Sep 13, 2017

Date

Price Change

CRMLS: 16136414

$599,000

Price
Jun 24, 2017

Date

Price Change

CRMLS: 16136414

$579,000

Price
May 8, 2017

Date

Price Change

CRMLS: 16136414

$599,000

Price
Nov 9, 2016

Date

Expired

CRMLS: 16136414

$575,000

Price
Oct 29, 2016

Date

Withdrawn

CRMLS: 16136414

$575,000

Price
Jun 19, 2016

Date

Price Change

CRMLS: 16136414

$575,000

Price
Listing provided courtesy of CRMLS

Just .8 miles from the Coliseum, the new home of Rams Football. Great unit mix, One 4 bedroom 2 bath apartment in the rear, and 2 commercial/retail units in the front street side! Property will be delivered vacant. All rents are scheduled.!. High 14 foot ceilings in both commercial units, new flooring, new windows, new entry doors off street and roll ups.!! 4-5 parking spots, 1 driveway.! Current rents are at 5,000 per mo. for the entire building.

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February, 2016
Feb 24, 2016

Date

Sold (Public Records)

Public Records

$320,000

Price
February, 2015
Feb 12, 2015

Date

Sold (Public Records)

Public Records

$293,825

Price

Tax History for 711 W Vernon Ave

Assessed Value (2020): $416,160

Year	Land Value	Improved Value	Assessed Value
2020	$270,504	$145,656	$416,160

About 711 W Vernon Ave

Detailed summary of property

711 W Vernon Ave is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90037 and last sold on February 24, 2016 for $320,000. This property has 2 bedrooms, 1 bathrooms, roughly 2,350 living square feet, and sits on an approximately 4,808 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 71.43% lower than the current median priced home. 711 W Vernon Ave was last sold on February 24, 2016 for $320,000. Local nearby listings include 1209 W 51st Pl, 1225 W Martin Luther King Jr Blvd #J and 1233 W 51st Pl. 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 711 W Vernon Ave Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 711 W Vernon Ave

Public county record property details

Beds: 2
Baths: 1
Year built: 1910
Sq. Ft.: 2,350
Lot Size: 4,808
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 7
APN: 5019-009-006

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$694,900

Median List Price/Sq.Ft.

$546

Median Sold Price

$626,228

Median Sold Price/Sq.Ft.

$437

Total Inventory

Median Sale to List Price %

125.5%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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