7256 N Figueroa St, Los Angeles, CA 90041
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7256 N Figueroa St Los Angeles, CA 90041

$895,000 Sold Price as of 11/10/2020
  • 5 Beds
  • 3 Baths
  • 1,663 Sq.Ft.
Sold
$895,000 Sold Price as of 11/10/2020 Refinance Your Mortgage

Map preview of 7256 N Figueroa St, Los Angeles, CA 90041

Property Overview: 7256 N Figueroa St Los Angeles, CA has 5 bedrooms, 3 bathrooms, 1,663 living square feet and 3,903 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: TWO HOUSES ON ONE LOT - both vacant. Beautiful 4 bedroom, 2 bath 1922 gem, plus newly constructed 1 bed 1 bath guest house (ADU) are centered in the vibrant heart of NELA. Main house can be split into a duplex and Rents for $4500 per month and AirBnbs for $5000 per month. Guest house rents for for $2200 per month or AirBnbs for $3000 per month. Video Tour Link is on the MLS. Excellent investment opportunity, great for families and multi generational living. Move in ready. Inside, the main house is airy, bright and features excellent separation of space. New paint, new water heater, updated kitchen and bathrooms, along with an enclosed porch/sun room pulls it together and welcomes you home. The exterior features a large backyard with fruit trees, gated side-yard with zen garden, drought resistant landscaping, privacy fence and gated driveway parking. The income producing, permitted, brand new ADU, has its own address, electrical and water meters. ADU features tankless water heater, combo washer/dryer, central A/C and heating, full kitchen, separate bedroom, brand new appliances, amethyst gemstone cabinet hardware, granite countertops, wood-look ceramic tile throughout for durability, outdoor bistro area, gated parking, and keyless entry. Both properties have been very profitable as owner occupied permitted Airbnb/short term rentals. The main house has previously been used as a duplex, lending excellent potential for use as three separate units. Now accepting backup offers.

Listed by Sydney Shand | BRE #01345845 | PLG Estates
Last checked: 14 minutes ago | Last updated: January 7th, 2023 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
3,903
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
P1-1564
City
Los Angeles
County
Los Angeles
Time on Site
1223 days

Property Details for 7256 N Figueroa St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside, Electric Dryer Hookup, Washer Hookup, Gas Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 5
  • Downstairs Bathrooms: 3
  • Eating Area: Dining Room
  • Flooring: Laminate, Tile
  • Master Bedroom, Kitchen
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Tankless Water Heater, Microwave, Refrigerator
  • Granite Counters
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link, Wrought Iron, Wood, Privacy
  • Other Structures: Guest House
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Enclosed Glass Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Driveway, Gated
Lot Information
  • Lot Features: Back Yard
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5481013028
  • Year Built Source: Assessor
  • Architectural Style: Ranch
  • Foundation Details: Raised
  • Property is not Attached
  • Offered With Property: Refrigerator, oven/range, dishwasher. In ADU refrigerator, washer/dryer combo, oven/range.
  • 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
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Eagle Rock
  • Elementary School: EAGROC
  • Middle/Junior High School: Eagle Rock
  • Middle/Junior High School: EAGROC
  • High School: Eagle Rock
  • High School: EAGROC
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: Colorado to Lanark.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Urban, Street Lights
View more facts & features

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Sale History for 7256 N Figueroa St

Last sold for $895,000 on November 10th, 2020
  • November, 2020

  • Nov 10, 2020

    Date

    Sold (Public Records)

    Public Records

    $895,000

    Price

  • March, 2017

  • Mar 13, 2017

    Date

    Sold (Public Records)

    Public Records

    $570,000

    Price

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Tax History for 7256 N Figueroa St

Assessed Value (2020): $794,103
Year Land Value Improved Value Assessed Value
2020 $534,973 $259,130 $794,103

Home Value Compared to the Market

This property vs the competition

7256 N Figueroa St sold on November 10, 2020 for 24.79% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $538.18 per/sqft which puts the price per square foot 28.72% lower than the current median sale per square foot for the city of Los Angeles.

About 7256 N Figueroa St

Detailed summary of property

7256 N Figueroa St is a single family home that recently sold in Los Angeles, CA 90041. This house offered 5 bedrooms, 3 bathrooms, roughly 1,663 living square feet, and sits on an approximately 3,903 square foot lot. 7256 N Figueroa St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $895,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.79% lower than the current median priced home. Local homes that are currently for sale include 76 S Grand Ave, 149 S Avenue 54 #15 and 1428 N Avenue 46. While the average home in Los Angeles, CA is selling in 92 days, 7256 N Figueroa St has a days on market of 13 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 7256 N Figueroa St Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7256 N Figueroa St

Public county record property details
Beds
5
Baths
3
Year built
--
Sq. Ft.
1,648
Lot Size
3,902
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
26
APN
5481-013-028

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,448,000
Median List Price/Sq.Ft.
$754
Median Sold Price
$1,211,000
Median Sold Price/Sq.Ft.
$967
Total Inventory
36
Median Sale to List Price %
101.34%
Avg Days on Market
37
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.