7406 W 85th St Los Angeles, CA 90045

$740,000 Sold Price as of 03/28/2006

3 Beds
2 Baths
1,536 Sq.Ft.

Off Market

$740,000 Sold Price as of 03/28/2006 Refinance Your Mortgage

Map preview of 7406 W 85th St, Los Angeles, CA 90045

Property Overview: 7406 W 85th St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,536 living square feet and 4,946 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

7406 W 85th 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 7406 W 85th St

Last sold for $740,000 on March 28th, 2006

April, 2021
Apr 20, 2021

Date

Canceled

CRMLS: PW21060813

$1,600,000

Price
Apr 20, 2021

Date

Hold

CRMLS: PW21060813

$1,600,000

Price
Apr 12, 2021

Date

Price Change

CRMLS: PW21060813

$1,600,000

Price
Apr 1, 2021

Date

Price Change

CRMLS: PW21060813

$1,200,000

Price
Mar 23, 2021

Date

Active

CRMLS: PW21060813

$1,600,000

Price
Listing provided courtesy of CRMLS

5 minutes from the beach. Large 2 car garage. Large storage unit attached to garage. Large unit above garage. For the right buyer, there's income potential for 3 different tenants with the garage, above the garage, and the unit attached to the garage. Perfect for the professional who is looking to have someone else pay their mortgage for them. Rental income - This home is perfect for the professional as it's right near LAX, it's Culver City adjacent, Playa Vista adjacent, Marina Del Rey, Silicon Beach, Loyola Marymount, SOFI Stadium. Storage unit that has ADU or JADU potential that is attached to the garage. With proximity to LAX/Loyola - Income potential is immense. Property has income potential or perfect for a family. Dwelling is already built for this. Requirements for ADU or JADU

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March, 2006
Mar 28, 2006

Date

Sold (Public Records)

Public Records

$740,000

Price

Tax History for 7406 W 85th St

Assessed Value (2020): $924,668

Year	Land Value	Improved Value	Assessed Value
2020	$737,240	$187,428	$924,668

About 7406 W 85th St

Detailed summary of property

7406 W 85th St is a single family home in Los Angeles, CA 90045 and last sold on March 28, 2006 for $740,000. This house has 3 bedrooms, 2 bathrooms, roughly 1,536 living square feet, and sits on an approximately 4,946 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 33.93% lower than the current median priced home. 7406 W 85th St was last sold on March 28, 2006 for $740,000. Local nearby listings include 6030 Seabluff Dr #402, 8025 Georgetown Ave and 12923 Bluff Creek Dr. The average home in Los Angeles, CA is selling in 105 days. There are currently 4185 homes for sale in the Los Angeles real estate market and 2867 of them are single family homes while 1195 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 7406 W 85th St Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7406 W 85th St

Public county record property details

Beds: 3
Baths: 2
Year built: 1952
Sq. Ft.: 1,536
Lot Size: 4,946
Stories: --

Type: Single Family Residential
Pool: No
Spa: Yes
County: Los Angeles
Lot#: 27
APN: 4114-028-012

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,899,000

Median List Price/Sq.Ft.

$845

Median Sold Price

$1,511,250

Median Sold Price/Sq.Ft.

$857

Total Inventory

Median Sale to List Price %

94.51%

Avg Days on Market

Loan Type

Conventional (12.12%), FHA (3.03%), VA (0%), Cash (27.27%), Other (6.06%)

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(714) 706-1823

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