823 Cleveland St Los Angeles, CA 90012

$1,900,000 Sold Price as of 11/06/2018

12 Beds
4 Baths
6,360 Sq.Ft.

Off Market

$1,900,000 Sold Price as of 11/06/2018 Refinance Your Mortgage

Map preview of 823 Cleveland St, Los Angeles, CA 90012

Property Overview: 823 Cleveland St Los Angeles, CA has 12 bedrooms, 4 bathrooms, 6,360 living square feet and 9,399 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

823 Cleveland 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 823 Cleveland St

Last sold for $1,900,000 on November 6th, 2018

August, 2021
Aug 18, 2021

Date

Expired

CRMLS: 20660336

$2,350,000

Price
May 20, 2021

Date

Active

CRMLS: 20660336

$2,350,000

Price
Apr 30, 2021

Date

Active Under Contract

CRMLS: 20660336

$2,350,000

Price
Nov 16, 2020

Date

Active

CRMLS: 20660336

$2,350,000

Price
Listing provided courtesy of CRMLS

On offer is a fully Ellisd 9,400 SF of R4-1 Tier 3 land. The high-density Zoning allows up to 41 Units & approximately 28,000 SF to be built on site with no height limit. Chinatown is changing & growing! Newer dining establishments like Howlin Rays and Majordomo are popping up everywhere, surrounded by classics like Hop Lis and Yang Chows. Recent real estate developments in the area have brought in a younger, wealthier tenant base, and the immediate access to public transportation (under half a mile to the Metro Gold Line & under one mile to Union Station) is helping to make this area the next hottest spot around! With the recently re-done & gorgeous Los Angeles State Historic Park just a stones throw away, and sandwiched between the excitement of Downtown & the up and coming Lincoln Heights/Cypress Park & the already-here Highland Park, the rents that can be had in Chinatown are the envy of the Development Community! Current entitlements exist for a 9 Unit co-living project.

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November, 2018
Nov 6, 2018

Date

Sold (Public Records)

Public Records

$1,900,000

Price
May, 2009
May 18, 2009

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 823 Cleveland St

Assessed Value (2020): $1,938,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,065,900	$872,100	$1,938,000

About 823 Cleveland St

Detailed summary of property

823 Cleveland St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90012 and last sold on November 6, 2018 for $1,900,000. This property has 12 bedrooms, 4 bathrooms, roughly 6,360 living square feet, and sits on an approximately 9,399 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 69.64% higher than the current median priced home. 823 Cleveland St was last sold on November 6, 2018 for $1,900,000. Local nearby listings include 121 S Hope St #607, 121 S Hope St #515 and 800 W 1st St #1405. 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 823 Cleveland St Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 823 Cleveland St

Public county record property details

Beds: 12
Baths: 4
Year built: --
Sq. Ft.: 6,360
Lot Size: 9,399
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 8,9
APN: 5407-009-019

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$598,000

Median List Price/Sq.Ft.

$582

Median Sold Price

$635,000

Median Sold Price/Sq.Ft.

$608

Total Inventory

Median Sale to List Price %

99.37%

Avg Days on Market

Loan Type

Conventional (40%), FHA (0%), VA (0%), Cash (40%), Other (20%)

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