724 S Soto St Los Angeles, CA 90023

$430,000 Sold Price as of 02/14/2018

3 Beds
2 Baths
1,932 Sq.Ft.

Off Market

$430,000 Sold Price as of 02/14/2018 Refinance Your Mortgage

Map preview of 724 S Soto St, Los Angeles, CA 90023

Property Overview: 724 S Soto St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,932 living square feet and 4,725 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

724 S Soto 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 $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 724 S Soto St

Last sold for $430,000 on February 14th, 2018

February, 2018
Feb 20, 2018

Date

Sold

CRMLS: 17237584

$430,000

Price
Dec 14, 2017

Date

Active Under Contract

CRMLS: 17237584

$435,000

Price
Nov 28, 2017

Date

Withdrawn

CRMLS: 17237584

$435,000

Price
Nov 26, 2017

Date

Active

CRMLS: 17237584

$435,000

Price
Nov 16, 2017

Date

Hold

CRMLS: 17237584

$435,000

Price
Oct 11, 2017

Date

Active

CRMLS: 17237584

$435,000

Price
Oct 5, 2017

Date

Hold

CRMLS: 17237584

$435,000

Price
Oct 5, 2017

Date

Price Change

CRMLS: 17237584

$435,000

Price
Oct 3, 2017

Date

Expired

CRMLS: 17237584

$450,000

Price
Oct 2, 2017

Date

Hold

CRMLS: 17237584

$450,000

Price
Sep 18, 2017

Date

Pending

CRMLS: 17237584

$450,000

Price
Aug 16, 2017

Date

Active Under Contract

CRMLS: 17237584

$450,000

Price
Aug 14, 2017

Date

Pending

CRMLS: 17237584

$450,000

Price
Jul 20, 2017

Date

Active Under Contract

CRMLS: 17237584

$450,000

Price
Jul 3, 2017

Date

Active

CRMLS: 17237584

$450,000

Price
Jun 23, 2017

Date

Pending

CRMLS: 17237584

$450,000

Price
Jun 15, 2017

Date

Active Under Contract

CRMLS: 17237584

$450,000

Price
Jun 3, 2017

Date

Active

CRMLS: 17237584

$450,000

Price
Listing provided courtesy of CRMLS

Three unit investment property in Boyle Heights. Two residential units and one retail unit. Retail space faces Soto Street. Fully occupied. Great value-add opportunity. Area undergoing revitalization. Arts District and 6th St Brodge Adjacent. Short commute to DTLA.

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February, 2018
Feb 14, 2018

Date

Sold (Public Records)

Public Records

$430,000

Price

Tax History for 724 S Soto St

Assessed Value (2020): $447,371

Year	Land Value	Improved Value	Assessed Value
2020	$303,172	$144,199	$447,371

About 724 S Soto St

Detailed summary of property

724 S Soto St is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90023 and last sold on February 14, 2018 for $430,000. This property has 3 bedrooms, 2 bathrooms, roughly 1,932 living square feet, and sits on an approximately 4,725 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 61.61% lower than the current median priced home. 724 S Soto St was last sold on February 14, 2018 for $430,000. Local nearby listings include 1855 Industrial St #519, 1855 Industrial St #418 and 1855 Industrial St #316. 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 724 S Soto St 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 724 S Soto St

Public county record property details

Beds: 3
Baths: 2
Year built: 1925
Sq. Ft.: 1,932
Lot Size: 4,725
Stories: --

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5185-028-006

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

$650,000

Median List Price/Sq.Ft.

$624

Median Sold Price

$692,500

Median Sold Price/Sq.Ft.

$604

Total Inventory

Median Sale to List Price %

106.55%

Avg Days on Market

Loan Type

Conventional (0%), FHA (25%), VA (0%), Cash (0%), Other (50%)

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(714) 706-1823

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