7500 Melrose Ave Los Angeles, CA 90046

$19,800,000 Sold Price as of 12/24/2015

-- Beds
-- Baths
15,546 Sq.Ft.

Off Market

$19,800,000 Sold Price as of 12/24/2015 Refinance Your Mortgage

Map preview of 7500 Melrose Ave, Los Angeles, CA 90046

Property Overview: 7500 Melrose Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 15,546 living square feet and 17,724 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

7500 Melrose 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 $1,235,000. The median price per/sqft for Los Angeles is $774. 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 $247,000 for the down payment and will need roughly $24,700 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 7500 Melrose Ave

Last sold for $19,800,000 on December 24th, 2015

December, 2015
Dec 24, 2015

Date

Sold (Public Records)

Public Records

$19,800,000

Price
May, 2014
May 21, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 7500 Melrose Ave

Assessed Value (2020): $21,432,155

Year	Land Value	Improved Value	Assessed Value
2020	$12,447,969	$8,984,186	$21,432,155

About 7500 Melrose Ave

Detailed summary of property

7500 Melrose Ave is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Los Angeles, CA 90046 and last sold on December 24, 2015 for $19,800,000. This property has -- bedrooms, -- bathrooms, roughly 15,546 living square feet, and sits on an approximately 17,724 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 1563.87% higher than the current median priced home. 7500 Melrose Ave was last sold on December 24, 2015 for $19,800,000. Local nearby listings include 732 N Fuller Ave, 525 N Stanley Ave and 607 N Alta Vista Blvd. The average home in Los Angeles, CA is selling in 94 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. If you are the homeowner and looking to sell the home at 7500 Melrose Ave Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7500 Melrose Ave

Public county record property details

Beds: --
Baths: --
Year built: 1997
Sq. Ft.: 15,546
Lot Size: 17,724
Stories: 1

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: Los Angeles
Lot#: 491-493
APN: 5526-017-027

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,950,000

Median List Price/Sq.Ft.

$938

Median Sold Price

$2,000,000

Median Sold Price/Sq.Ft.

$856

Total Inventory

224

Median Sale to List Price %

117.72%

Avg Days on Market

Loan Type

Conventional (2.7%), FHA (0%), VA (0%), Cash (13.51%), Other (2.7%)

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(714) 706-1823

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