725 E 116th St, Los Angeles, CA 90059
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725 E 116th St Los Angeles, CA 90059

$575,000 Sold Price as of 05/19/2021
  • 3 Beds
  • 2 Baths
  • 1,224 Sq.Ft.
Sold
$575,000 Sold Price as of 05/19/2021 Refinance Your Mortgage

Map preview of 725 E 116th St, Los Angeles, CA 90059

Property Overview: 725 E 116th St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,224 living square feet and 5,699 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to a Wonderful South L.A Home! A home completely "READY TO MOVE IN!". This Dream house welcomes you with a Complete Remodel by the prior owner. Pride of ownership home in quiet neighborhood adorn with its classic 1920's+ street lamps. Upgraded features includes Roof, 200 AMP Electrical Panel, A/C Unit, Plumbing, Electrical,Gas Shut-Off Valve,Water Pressure regulator,Dual Pane Windows,Insulation,Bamboo wood floors, Tile floors, Kitchen & Baths updates. Kitchen offers granite counter tops, ample storage cabinets, all Newer matching appliances (included w/ a full or above asking price).Master bedroom offers plenty of space w/HIS & HERS closets accompanied by Full size Master Bath w/Tub. Current owner upgraded Newer Tankless Water Heater, Complete Water Softener System, Newer concrete slab at back yard w/artificial turf, New storage shed, 200+/- linear feet of new block wall fencing. New wood fencing at rear, fresh New front grass, & freshly painted front fence w/ready to install electrical system for an automatic gate. Too much to list! This beautiful home offers the new owner or new landlord, to NOT worry about much major fixing & a peace of mind from most unexpected expenses. ATT: Investors, property sits within the boundaries of a Qualified Opportunity Zone (check with city). Minutes to 9 out-of 10 rated King Drew Medical Magnet High School, Metro Green Line, & 105 FWY. Perfect starter & Ideal home.Great size & layout w/ Indisputable amenities & upgrades!

Listed by Orlando Medina | BRE #01778138 | eXp Realty of California Inc
Last checked: 2 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
5,699
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
SB21059235
City
Los Angeles
County
Los Angeles
Time on Site
1279 days

Virtual Tour

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Property Details for 725 E 116th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Flooring: Bamboo, Tile
  • Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
Kitchen Information
  • Granite Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Ceiling Fan(s), Granite Counters, Recessed Lighting
  • Levels: One
  • Window Features: Double Pane Windows
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Block, New Condition, Wood, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 6072008009
  • Year Built Source: Assessor
  • Foundation Details: Raised, Slab
  • Property is not Attached
  • Offered With Property: Water softener system, Possibly kitchen appliances with full asking price or above.
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: West of Central Avenue, East of Avalon Blvd, South of Imperial Highway, North of 120TH STREET
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

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Sale History for 725 E 116th St

Last sold for $575,000 on May 19th, 2021
  • May, 2021

  • May 21, 2021

    Date

    Sold

    CRMLS: SB21059235

    $575,000

    Price

  • Apr 4, 2021

    Date

    Pending

    CRMLS: SB21059235

    $519,900

    Price

  • Apr 2, 2021

    Date

    Active Under Contract

    CRMLS: SB21059235

    $519,900

    Price

  • Mar 26, 2021

    Date

    Active

    CRMLS: SB21059235

    $519,900

    Price

  • Mar 22, 2021

    Date

    Coming Soon

    CRMLS: SB21059235

    $519,900

    Price

  • March, 2019

  • Mar 29, 2019

    Date

    Sold

    CRMLS: CV19023331

    $422,000

    Price

  • Feb 8, 2019

    Date

    Pending

    CRMLS: CV19023331

    $416,900

    Price

  • Jan 31, 2019

    Date

    Active

    CRMLS: CV19023331

    $416,900

    Price

  • Listing provided courtesy of CRMLS

    Great Property located close to freeway access, this Property was completely remodel in 2012. A/C unit, new electric panel , double pane windows, plenty of kitchen cabinets with granite counters, hardwood floors and tile need to see to appreciate.Take your client won't be disappointed.

  • March, 2019

  • Mar 27, 2019

    Date

    Sold (Public Records)

    Public Records

    $422,000

    Price

  • December, 2011

  • Dec 6, 2011

    Date

    Sold (Public Records)

    Public Records

    $195,000

    Price

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Tax History for 725 E 116th St

Assessed Value (2020): $430,440
Year Land Value Improved Value Assessed Value
2020 $297,942 $132,498 $430,440

Home Value Compared to the Market

This property vs the competition

725 E 116th St sold on May 19, 2021 for 53.58% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $424.75 per/sqft which puts the price per square foot 41.33% lower than the current median sale per square foot for the city of Los Angeles.

About 725 E 116th St

Detailed summary of property

725 E 116th St is a single family home that recently sold in Los Angeles, CA 90059. This house offered 3 bedrooms, 2 bathrooms, roughly 1,224 living square feet, and sits on an approximately 5,699 square foot lot. 725 E 116th St was first listed on ArdentRealEstateGroup.com on March 22, 2021. The homeowner sold the property for $575,000. Home 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 53.58% lower than the current median priced home. Local homes that are currently for sale include 13209 Mettler Ave, 321 W 120th St and 10517 S Broadway. While the average home in Los Angeles, CA is selling in 106 days, 725 E 116th St has a days on market of 6 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. For more information on this home for sale at 725 E 116th St Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 725 E 116th St

Public county record property details
Beds
3
Baths
2
Year built
1925
Sq. Ft.
1,224
Lot Size
5,698
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
188
APN
6072-008-009

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$585,000
Median List Price/Sq.Ft.
$533
Median Sold Price
$615,000
Median Sold Price/Sq.Ft.
$504
Total Inventory
39
Median Sale to List Price %
102.52%
Avg Days on Market
29
Loan Type
Conventional (33.33%), FHA (16.67%), VA (0%), Cash (16.67%), Other (0%)

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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.