720 Penrith Dr, Los Angeles, CA 90023
Image 2 for 720 Penrith Dr, Los Angeles, CA 90023
Image 3 for 720 Penrith Dr, Los Angeles, CA 90023
View Photos

720 Penrith Dr Los Angeles, CA 90023

$600,000 Sold Price as of 04/11/2024
  • 3 Beds
  • 2 Baths
  • 1,385 Sq.Ft.
Sold
$600,000 Sold Price as of 04/11/2024 Refinance Your Mortgage

Map preview of 720 Penrith Dr, Los Angeles, CA 90023

Property Overview: 720 Penrith Dr Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,385 living square feet and 4,965 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 720 Penrith! A remarkable opportunity nestled in a prime location that beckons investors and visionaries alike. Boasting over 1,300 square feet of living space, this unique property offers a versatile layout designed for modern living or savvy investment. At its core, this home presents two comfortable bedrooms and one bathroom, complemented by a spacious living area that harmoniously blends function and comfort. Part of the living space has been partitioned, introducing an additional one bedroom and bathroom with a separate entrance. This thoughtful configuration shows the property's potential but also offers the flexibility to cater to a variety of living arrangements or rental opportunities. Step outside to discover a detached garage, an exceptional feature that holds the promise of transformation into an Accessory Dwelling Unit (ADU) or recreational office space. This space is ripe for development into a private residence or rental unit, further enhancing the property's value and appeal. Located in a vibrant neighborhood of Los Angeles, 720 Penrith is strategically positioned close to key freeways, providing effortless access to the city's endless offerings. This property is a stone's throw away from local attractions and points of interest, making it a highly desirable spot for both residents and investors. The convenience of nearby transport links, shopping, dining, and entertainment options adds to the allure of this captivating property. Moreover, the historic Whittier Boulevard is just around the corner, offering markets, services, and truly excellent tacos, ensuring a local experience rich in culture and convenience. For those looking to immerse themselves in the city's dynamic culture, crossing the nearby Sixth Street Viaduct leads directly to the happening Arts District, where coffee, dining, boutiques, galleries, and nightlife are all mere minutes away, offering an array of activities to enrich your lifestyle. This property is not just a home; it's an investment in potential. It presents a canvas awaiting the creative touch of an investor keen to realize its full potential. Whether you're looking to renovate, rent, or reimagine, 720 Penrith offers an unparalleled opportunity to make a mark in one of Los Angeles's sought-after neighborhoods. Embrace the opportunity to be part of a community where tradition meets modern living, and where every day brings a new discovery. Don't miss out on this exceptional investment opportunity.

Listed by Sean Najera | BRE #01909565 | The Network Agency
Last checked: 6 minutes ago | Last updated: April 11th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
4,965
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC24059373
City
Los Angeles
County
Los Angeles
Time on Site
31 days

Property Details for 720 Penrith Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Family Room, Kitchen
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • No Attached Garage
Lot Information
  • Lot Features: Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5185029006
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Whittier Blvd to Penrith Dr.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Suburban
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 720 Penrith Dr

Last sold for $600,000 on April 11th, 2024
  • April, 2024

  • Apr 11, 2024

    Date

    Sold

    CRMLS: OC24059373

    $600,000

    Price

  • Mar 27, 2024

    Date

    Active

    CRMLS: OC24059373

    $549,900

    Price

Tax History for 720 Penrith Dr

Assessed Value (2020): $152,266
Year Land Value Improved Value Assessed Value
2020 $65,548 $86,718 $152,266

Home Value Compared to the Market

This property vs the competition

720 Penrith Dr sold on April 11, 2024 for 47.63% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $397.04 per/sqft which puts the price per square foot 46.2% lower than the current median sale per square foot for the city of Los Angeles.

About 720 Penrith Dr

Detailed summary of property

720 Penrith Dr is a single family home that recently sold in Los Angeles, CA 90023. This house offered 3 bedrooms, 2 bathrooms, roughly 1,385 living square feet, and sits on an approximately 4,965 square foot lot. 720 Penrith Dr was first listed on ArdentRealEstateGroup.com on March 27, 2024. The homeowner sold the property for $600,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.63% lower than the current median priced home. Local homes that are currently for sale include 222 S Central Ave #239, 3256 Story St and 1231 S Rowan Ave. While the average home in Los Angeles, CA is selling in 97 days, 720 Penrith Dr has a days on market of 6 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 720 Penrith Dr Los Angeles, CA 90023 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 720 Penrith Dr

Public county record property details
Beds
2
Baths
1
Year built
1924
Sq. Ft.
1,385
Lot Size
4,963
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5185-029-006

The source for these homes facts are from public records.

90023 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$610,000
Median List Price/Sq.Ft.
$679
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$537
Total Inventory
17
Median Sale to List Price %
102.86%
Avg Days on Market
24
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.