716 Columbia Ave Los Angeles, CA 90017

$--

6 Beds
2 Baths
2,309 Sq.Ft.

Off Market

Map preview of 716 Columbia Ave, Los Angeles, CA 90017

Property Overview: 716 Columbia Ave Los Angeles, CA has 6 bedrooms, 2 bathrooms, 2,309 living square feet and 5,515 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

716 Columbia 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 $768. 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 716 Columbia Ave

View property's historical transactions

September, 2020
Sep 8, 2020

Date

Active

CRMLS: PW20186039

$1,299,000

Price
Listing provided courtesy of CRMLS

GET READY DEVELOPERS! Seldom does the opportunity come to obtain a prime location where this aging residential building sits. Just feet from bustling 7th street and the ever-growing westward commercial and residential expansion of downtown, this property and its 5,516 square feet of lot space is ready for your vision and creativity. Note that while tax rolls state SFR, property is actually a three unit building comprised of (2) two bed / 1 bath units and (1) one bed / one bath unit on the side of the building. Buyer to conduct their own diligence and satisfy themselves on zoning, permits, and suitability for future development. Seller is a trust and will sell property as part of a 1031 tax-exchange at no additional expense to buyer.

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December, 2019
Dec 5, 2019

Date

Expired

CRMLS: PW19026941

$1,400,000

Price
Feb 6, 2019

Date

Active

CRMLS: PW19026941

$1,400,000

Price
Listing provided courtesy of CRMLS

GET READY DEVELOPERS: Seldom does the opportunity come to obtain a prime location where this aging residential building sits. Just feet away from bustling 7th street and the ever-growing westward commercial and residential expansion of downtown, this property and its 5,516 square feet of lot space is ready for your vision and creativity. Note that while tax rolls state SFR, property is actually a three unit building comprised of (2) two bed / 1 ba units and (1) one bed / 1 bath unit on the side of the building. Buyer to conduct their own diligence and satisfy themselves on zoning, permits, and suitability for future development. Total current rents equal $2,674 with opportunity for growth if property not developed. Seller is a trust and will sell property as part of a 1031 tax exchange at no additional expense to buyer.

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Tax History for 716 Columbia Ave

Assessed Value (2020): $131,929

Year	Land Value	Improved Value	Assessed Value
2020	$106,578	$25,351	$131,929

About 716 Columbia Ave

Detailed summary of property

716 Columbia Ave is a single family home in Los Angeles, CA 90017 and is currently off market. This house has 6 bedrooms, 2 bathrooms, roughly 2,309 living square feet, and sits on an approximately 5,515 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. Local nearby listings include 1100 Wilshire Blvd #2610, 1100 Wilshire Blvd #2804 and 1100 Wilshire Blvd #2406. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 716 Columbia Ave Los Angeles, CA 90017 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 716 Columbia Ave

Public county record property details

Beds: 6
Baths: 2
Year built: 1890
Sq. Ft.: 2,309
Lot Size: 5,515
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 7,14
APN: 5143-012-023

The source for these homes facts are from public records.

90017 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$600,000

Median List Price/Sq.Ft.

$747

Median Sold Price

$675,000

Median Sold Price/Sq.Ft.

$538

Total Inventory

100

Median Sale to List Price %

96.43%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (20%), Other (0%)

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(714) 706-1823

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