745 S Detroit St Los Angeles, CA 90036

$1,600,000 Sold Price as of 06/09/2015

4 Beds
4 Baths
3,960 Sq.Ft.

Off Market

$1,600,000 Sold Price as of 06/09/2015 Refinance Your Mortgage

Map preview of 745 S Detroit St, Los Angeles, CA 90036

Property Overview: 745 S Detroit St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,960 living square feet and 6,696 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

745 S Detroit 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 $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 745 S Detroit St

Last sold for $1,600,000 on June 9th, 2015

August, 2015
Aug 12, 2015

Date

Price Change

CRMLS: 05012271

$1,349,000

Price
Listing provided courtesy of CRMLS

Remodeled to perfection. 14.5 X Gross actual cashflow makes this a perfect owner user. Located next to Museum Row, a few feet from Wilshire / La Brea, this adorable 4-plex is LA's answer to London's Chelsea or NYC's West Village. A jewel with ample room to start with, and room to add. Currently 3 units are rented at $1800/Month, and 4 garages at $125/Month. Owner unit + 2 garages delivered vacant. DO NOT DISTURB TENANTS.

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June, 2015
Jun 9, 2015

Date

Sold (Public Records)

Public Records

$1,600,000

Price

Tax History for 745 S Detroit St

Assessed Value (2020): $1,758,298

Year	Land Value	Improved Value	Assessed Value
2020	$1,208,831	$549,467	$1,758,298

About 745 S Detroit St

Detailed summary of property

745 S Detroit St is categorized with a use code of Quadruplex (4 Units, Any Combination) in Los Angeles, CA 90036 and last sold on June 9, 2015 for $1,600,000. This property has 4 bedrooms, 4 bathrooms, roughly 3,960 living square feet, and sits on an approximately 6,696 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 42.86% higher than the current median priced home. 745 S Detroit St was last sold on June 9, 2015 for $1,600,000. Local nearby listings include 822 S Longwood Ave, 917 S Tremaine Ave and 1248 S Orange Dr. 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 745 S Detroit St Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 745 S Detroit St

Public county record property details

Beds: 4
Baths: 4
Year built: 1925
Sq. Ft.: 3,960
Lot Size: 6,696
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5089-002-009

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,150,000

Median List Price/Sq.Ft.

$937

Median Sold Price

$1,675,000

Median Sold Price/Sq.Ft.

$754

Total Inventory

Median Sale to List Price %

95.71%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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