744 S Mariposa Ave Los Angeles, CA 90005

$3,100,000 Sold Price as of 01/14/2019
  • -- Beds
  • -- Baths
  • 7,000 Sq.Ft.
Off Market
$3,100,000 Sold Price as of 01/14/2019 Refinance Your Mortgage

Map preview of 744 S Mariposa Ave, Los Angeles, CA 90005

Property Overview: 744 S Mariposa Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 7,000 living square feet and 8,084 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

744 S Mariposa Ave 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 $768. 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 744 S Mariposa Ave

Last sold for $3,100,000 on January 14th, 2019
  • January, 2019

  • Jan 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,100,000

    Price

  • September, 2018

  • Sep 20, 2018

    Date

    Expired

    CRMLS: 18327032

    $3,200,000

    Price

  • Apr 17, 2018

    Date

    Withdrawn

    CRMLS: 18327032

    $3,200,000

    Price

  • Mar 29, 2018

    Date

    Active

    CRMLS: 18327032

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

    744 South Mariposa is a RTI TOC TIER 3 development opportunity in the booming Mid-Wilshire/Koreatown submarket. The LAR5-2 zoned 8,085 sq ft vacant lot allows for a density of 200 sq ft per dwelling unit, no height restrictions, 6:1 far, and 40 by-right buildable units. Located near numerous mass public transit options, the property falls within Tier 3 of the TOC initiative, allowing a developer density bonuses increasing the buildable units from 40 to 68 (with only 10% dedicated to Extremely Low-Income units). Further, the FAR increases from 6:1 to 9:1 and there are fewer parking requirements, as well as reductions in the setback requirements. The lot boasts a Walkscore rating of 95 with countless trendy eateries, nightlife destinations, entertainment options and Metro/public transit stops nearby. This is a great opportunity for a developer looking to build a brand-new state of the art trophy asset to capitalize on the scorching hot/high-demand local rental market.

  • July, 2017

  • Jul 19, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,750,000

    Price

Show More

Tax History for 744 S Mariposa Ave

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $3,162,000 -- --

About 744 S Mariposa Ave

Detailed summary of property

744 S Mariposa Ave is categorized with a use code of Parking Lot in Los Angeles, CA 90005 and last sold on January 14, 2019 for $3,100,000. This property has -- bedrooms, -- bathrooms, roughly 7,000 living square feet, and sits on an approximately 8,084 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 176.79% higher than the current median priced home. 744 S Mariposa Ave was last sold on January 14, 2019 for $3,100,000. Local nearby listings include 525 S Ardmore Ave #320, 525 S Ardmore Ave #121 and 525 S Ardmore Ave #234. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 744 S Mariposa Ave Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 744 S Mariposa Ave

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
7,000
Lot Size
8,084
Stories
--
Type
Parking Lot
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5094-006-004

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$850,000
Median List Price/Sq.Ft.
$655
Median Sold Price
$695,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
42
Median Sale to List Price %
92.79%
Avg Days on Market
53
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (0%), Other (12.5%)

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Nearby Homes to 744 S Mariposa Ave

Data from public records.

-- Beds | -- Baths | 8,700 Sq. Ft.
-- Beds | -- Baths | 24,256 Sq. Ft.
-- Beds | -- Baths | 23,960 Sq. Ft.
-- Beds | -- Baths | 23,352 Sq. Ft.
12 Beds | -- Baths | 24,100 Sq. Ft.
16 Beds | -- Baths | 24,236 Sq. Ft.
12 Beds | 12 Baths | 8,000 Sq. Ft.
8 Beds | 12 Baths | 7,146 Sq. Ft.
-- Beds | -- Baths | 3,720 Sq. Ft.
-- Beds | -- Baths | 18,660 Sq. Ft.
-- Beds | -- Baths | 24,200 Sq. Ft.
16 Beds | 16 Baths | 7,830 Sq. Ft.

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