730 N Mariposa Ave #16 Los Angeles, CA 90029

$5,700,000 Sold Price as of 08/14/2018

-- Beds
-- Baths
20,358 Sq.Ft.

Off Market

$5,700,000 Sold Price as of 08/14/2018 Refinance Your Mortgage

Map preview of 730 N Mariposa Ave #16, Los Angeles, CA 90029

Property Overview: 730 N Mariposa Ave #16 Los Angeles, CA has -- bedrooms, -- bathrooms, 20,358 living square feet and 18,900 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

730 N Mariposa Ave #16 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 $1,250,000. The median price per/sqft for Los Angeles is $777. 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 $250,000 for the down payment and will need roughly $25,000 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 $59,500. 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 730 N Mariposa Ave #16

Last sold for $5,700,000 on August 14th, 2018

August, 2021
Aug 30, 2021

Date

Withdrawn

CRMLS: 21733512

$6,795,000

Price
Jul 14, 2021

Date

Price Change

CRMLS: 21733512

$6,795,000

Price
May 18, 2021

Date

Active

CRMLS: 21733512

$7,000,000

Price
Listing provided courtesy of CRMLS

The Marc is a 28-unit apartment building located at 730 N. Mariposa Avenue in the highly desirable East Hollywood neighborhood of Los Angeles. Built in 1963, the property offers renters a high demand unit mix of 21 One Bedroom/One Bath and 7 Two Bedroom/One Bath units across +/-20,358 square feet of improvements on +/- 18,900 square feet of land. This thoughtfully maintained property features 7 extensively renovated units featuring new hardwood floors, kitchen cabinets, countertops, stainless steel appliances, designer tiles, fixtures and lighting. The bathrooms have been updated with modern vanities and tiles, bathtubs, and hardware. In addition, the units have been updated with new windows and wall air-conditioning units. The exterior of the property has been updated with new paint, a Zen courtyard with seating and planters, unique modern entryway gates, and an oasis style pool. New ownership has the opportunity to capture additional upside in rents through comprehensive renovation of the remaining unit interiors. All the heavy lifting of the exterior renovations has been completed allowing a buyer to focus solely on unit interiors as they turn. The Marc is subject to the earthquake retrofit ordinance requiring retrofitting of the soft-story parking. Plans have been approved and are RTI, buyer shall be responsible to complete work.

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August, 2018
Aug 14, 2018

Date

Sold (Public Records)

Public Records

$5,700,000

Price
November, 2017
Nov 16, 2017

Date

Sold (Public Records)

Public Records

$5,200,000

Price

Tax History for 730 N Mariposa Ave #16

Assessed Value (2020): $5,823,020

Year	Land Value	Improved Value	Assessed Value
2020	$4,080,000	$1,743,020	$5,823,020

About 730 N Mariposa Ave #16

Detailed summary of property

730 N Mariposa Ave #16 is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on August 14, 2018 for $5,700,000. This property has -- bedrooms, -- bathrooms, roughly 20,358 living square feet, and sits on an approximately 18,900 square foot lot. Homes 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 378.99% higher than the current median priced home. 730 N Mariposa Ave #16 was last sold on August 14, 2018 for $5,700,000. Local nearby listings include 5006 N Oak Ln, 5004 N Oak Ln and 207 N Kingsley Dr. The average home in Los Angeles, CA is selling in 92 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. If you are the homeowner and looking to sell the home at 730 N Mariposa Ave #16 Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 730 N Mariposa Ave #16

Public county record property details

Beds: --
Baths: --
Year built: 1863
Sq. Ft.: 20,358
Lot Size: 18,900
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6,7
APN: 5538-007-030

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,200,000

Median List Price/Sq.Ft.

$794

Median Sold Price

$1,049,000

Median Sold Price/Sq.Ft.

$1,042

Total Inventory

Median Sale to List Price %

95.36%

Avg Days on Market

Loan Type

Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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