722 N Detroit St Los Angeles, CA 90046

$1,075,000 Sold Price as of 08/25/2017

3 Beds
2 Baths
1,625 Sq.Ft.

Off Market

$1,075,000 Sold Price as of 08/25/2017 Refinance Your Mortgage

Map preview of 722 N Detroit St, Los Angeles, CA 90046

Property Overview: 722 N Detroit St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,625 living square feet and 5,332 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

722 N Detroit St 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 722 N Detroit St

Last sold for $1,075,000 on August 25th, 2017

July, 2018
Jul 31, 2018

Date

Canceled

CRMLS: 18358772

$1,699,000

Price
Jun 26, 2018

Date

Active

CRMLS: 18358772

$1,699,000

Price
Listing provided courtesy of CRMLS

Enter a beautifully remodeled Spanish Hacienda, located in prime Melrose Village, completed in 2018 with 2/2 1,700 sqft Main House and 1/1 1,500 sqft Back House. Main house features brand new designer kitchen with stainless steel appliances, range hood and Calcutta marble counter tops. Newly remodeled bathrooms; en-suite with dual vanities and Calcutta marble in master. New central a/c, new hardwood floors throughout and French double-doors leading out to the completely sequestered outdoor patio and turf yard, which allows true California indoor/outdoor living we all desire. Back unit above the garage also beautifully remodeled; rent it out for supplemental income or host your guests, 1/1 with full kitchen. Garage and separate storage that could be re-imagined into a personal office space. Home is perfectly situated, just moments away from some of the most critically acclaimed restaurants and designer boutiques Los Angeles has to offer, including The Grove, Fairfax, & Melrose Ave.

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August, 2017
Aug 25, 2017

Date

Sold

CRMLS: 17243874

$1,075,000

Price
Aug 15, 2017

Date

Pending

CRMLS: 17243874

$1,111,111

Price
Aug 8, 2017

Date

Price Change

CRMLS: 17243874

$1,111,111

Price
Aug 1, 2017

Date

Price Change

CRMLS: 17243874

$1,121,463

Price
Jul 28, 2017

Date

Active

CRMLS: 17243874

$1,133,500

Price
Jul 27, 2017

Date

Active Under Contract

CRMLS: 17243874

$1,133,500

Price
Jul 15, 2017

Date

Pending

CRMLS: 17243874

$1,133,500

Price
Jul 12, 2017

Date

Price Change

CRMLS: 17243874

$1,133,500

Price
Jul 6, 2017

Date

Price Change

CRMLS: 17243874

$1,164,500

Price
Jun 28, 2017

Date

Pending

CRMLS: 17243874

$1,199,999

Price
Jun 21, 2017

Date

Active

CRMLS: 17243874

$1,199,999

Price
Listing provided courtesy of CRMLS

* Reduced for quick sale!!! Check the Comps!! * Fantastic Fixer opportunity to remodel 2 Spanish style separate homes on a lot - BOTH UNITS ARE VACANT * Lowest priced units in the area * Front house boasts 2 bed + 2 baths, Large Living room w/ FP, Formal Dinning Rm., Original Hardwood Flrs. & French Windows throughout open to Large Grassy rear Yard w Fruit Trees... which could be split * Rear Spanish Style 1 Bed + 1 Bath + Upper Covered Patio house sits on top of 3 Car Garages + Plus a Large Lower Work Room/Office below, could be? Both units are separately metered * Fantastic/easy to rent affluent area * Walk to Trendy restaurants, shops & establishments makes this an easy choice * Call L/A for all showing instructions *

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August, 2017
Aug 25, 2017

Date

Sold (Public Records)

Public Records

$1,075,000

Price
August, 2017
Aug 25, 2017

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 722 N Detroit St

Assessed Value (2020): $1,118,430

Year	Land Value	Improved Value	Assessed Value
2020	$988,380	$130,050	$1,118,430

About 722 N Detroit St

Detailed summary of property

722 N Detroit St is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90046 and last sold on August 25, 2017 for $1,075,000. This property has 3 bedrooms, 2 bathrooms, roughly 1,625 living square feet, and sits on an approximately 5,332 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 4.02% lower than the current median priced home. 722 N Detroit St was last sold on August 25, 2017 for $1,075,000. Local nearby listings include 434 N Mansfield Ave, 502 N Citrus Ave and 852 N Vista St. 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 722 N Detroit St Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 722 N Detroit St

Public county record property details

Beds: 3
Baths: 2
Year built: 1928
Sq. Ft.: 1,625
Lot Size: 5,332
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 20
APN: 5525-009-019

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,095,000

Median List Price/Sq.Ft.

$904

Median Sold Price

$1,188,800

Median Sold Price/Sq.Ft.

$773

Total Inventory

278

Median Sale to List Price %

95.1%

Avg Days on Market

Loan Type

Conventional (5.56%), FHA (0%), VA (0%), Cash (8.33%), Other (2.78%)

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(714) 706-1823

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