7115 W Manchester Ave Los Angeles, CA 90045

$1,700,000 Sold Price as of 11/20/2020

-- Beds
-- Baths
1,762 Sq.Ft.

Off Market

$1,700,000 Sold Price as of 11/20/2020 Refinance Your Mortgage

Map preview of 7115 W Manchester Ave, Los Angeles, CA 90045

Property Overview: 7115 W Manchester Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,762 living square feet and 5,004 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

7115 W Manchester 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 7115 W Manchester Ave

Last sold for $1,700,000 on November 20th, 2020

November, 2020
Nov 20, 2020

Date

Sold (Public Records)

Public Records

$1,700,000

Price
March, 2019
Mar 10, 2019

Date

Expired

CRMLS: 18387734

$3,500,000

Price
Jan 17, 2019

Date

Withdrawn

CRMLS: 18387734

$3,500,000

Price
Sep 18, 2018

Date

Active

CRMLS: 18387734

$3,500,000

Price
Listing provided courtesy of CRMLS

7115 West Manchester Avenue is in the city of Los Angeles. This opportunity allows a developer the potential to build up to 35 units ($100,000 per door) with a density bonus. This site is located in Westchester, in between Loyola Avenue and Lincoln Blvd. The site is in close proximity to Loyola Marymount University, and the booming area of Playa Vista. This is a tier 3 TOC development site. The limousine tenant has approximately two years and 1 month left on their lease. Under tier 3 TOC, a developer could put a potential of 35 units at the site. Aside from being a prime site for traditional multifamily. This could also be an excellent site for student housing or workforce housing. The site has two parcels 4113-013-012 and 4113-013-013.

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August, 1997
Aug 27, 1997

Date

Sold (Public Records)

Public Records

$162,500

Price

Tax History for 7115 W Manchester Ave

Assessed Value (2020): $200,734

Year	Land Value	Improved Value	Assessed Value
2020	$72,991	$127,743	$200,734

About 7115 W Manchester Ave

Detailed summary of property

7115 W Manchester Ave is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Los Angeles, CA 90045 and last sold on November 20, 2020 for $1,700,000. This property has -- bedrooms, -- bathrooms, roughly 1,762 living square feet, and sits on an approximately 5,004 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 51.79% higher than the current median priced home. 7115 W Manchester Ave was last sold on November 20, 2020 for $1,700,000. Local nearby listings include 8357 Westlawn Ave, 6667 W 87th Pl and 7413 Coastal View Dr. 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 7115 W Manchester Ave Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7115 W Manchester Ave

Public county record property details

Beds: --
Baths: --
Year built: 1951
Sq. Ft.: 1,762
Lot Size: 5,004
Stories: 1

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: Los Angeles
Lot#: 9
APN: 4113-013-012

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,899,000

Median List Price/Sq.Ft.

$845

Median Sold Price

$1,511,250

Median Sold Price/Sq.Ft.

$857

Total Inventory

Median Sale to List Price %

94.51%

Avg Days on Market

Loan Type

Conventional (12.12%), FHA (3.03%), VA (0%), Cash (27.27%), Other (6.06%)

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