722 S Western Ave Los Angeles, CA 90005

$1,430,000 Sold Price as of 07/25/2012

-- Beds
-- Baths
4,923 Sq.Ft.

Off Market

$1,430,000 Sold Price as of 07/25/2012 Refinance Your Mortgage

Map preview of 722 S Western Ave, Los Angeles, CA 90005

Property Overview: 722 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 4,923 living square feet and 9,002 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

722 S Western 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 722 S Western Ave

Last sold for $1,430,000 on July 25th, 2012

January, 2024
Jan 17, 2024

Date

Expired

CRMLS: 23332879

$6,100,000

Price
Nov 16, 2023

Date

Active

CRMLS: 23332879

$6,100,000

Price
Listing provided courtesy of CRMLS
January, 2014
Jan 27, 2014

Date

Price Change

CRMLS: 14732597

$2,590,000

Price
Listing provided courtesy of CRMLS

TOTALLY UPGRADED and REMODELED commercial unit in heart of Koreatown. This unique property can be used as any retail store such as coffee shop, restaurant, hospital, and etc..... 7 parking with 1 handicap parking, and 2 more tandem parking. Store next door is willing to share parking space at night time. MANY, MANY, MANY potential. BEST LOCATION!!!! Current owner spent much money to upgrade the unit. Currently owner occupied. Owner will move out at COE. Contact listing agent for showing.

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July, 2012
Jul 25, 2012

Date

Sold (Public Records)

Public Records

$1,430,000

Price
September, 2009
Sep 4, 2009

Date

Sold (Public Records)

Public Records

$1,150,000

Price

Tax History for 722 S Western Ave

Assessed Value (2020): $1,610,153

Year	Land Value	Improved Value	Assessed Value
2020	$1,159,761	$450,392	$1,610,153

About 722 S Western Ave

Detailed summary of property

722 S Western Ave is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Los Angeles, CA 90005 and last sold on July 25, 2012 for $1,430,000. This property has -- bedrooms, -- bathrooms, roughly 4,923 living square feet, and sits on an approximately 9,002 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 27.68% higher than the current median priced home. 722 S Western Ave was last sold on July 25, 2012 for $1,430,000. Local nearby listings include 3785 Wilshire Blvd #802, 3785 Wilshire Blvd #2211 and 3785 Wilshire Blvd #909. 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 S Western Ave Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 722 S Western Ave

Public county record property details

Beds: --
Baths: --
Year built: 1919
Sq. Ft.: 4,923
Lot Size: 9,002
Stories: 1

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: Los Angeles
Lot#: 12,13
APN: 5093-007-004

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$850,000

Median List Price/Sq.Ft.

$655

Median Sold Price

$695,000

Median Sold Price/Sq.Ft.

$564

Total Inventory

Median Sale to List Price %

92.79%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (0%), Other (12.5%)

Thinking of Selling?

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(714) 706-1823

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