8435 Melrose Ave Los Angeles, CA 90069

$--
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Off Market

Map preview of 8435 Melrose Ave, Los Angeles, CA 90069

Property Overview: 8435 Melrose Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 3,871 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8435 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 $1,236,000. The median price per/sqft for Los Angeles is $775. 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 $247,200 for the down payment and will need roughly $24,720 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 $56,500. 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 8435 Melrose Ave

View property's historical transactions
  • January, 2022

  • Jan 13, 2022

    Date

    Active

    CRMLS: 22118619

    $13,988,000

    Price

  • Listing provided courtesy of CRMLS

    This is a rare opportunity to acquire a retail building located on the exclusive north side of the 8400 block of Melrose Avenue Melrose Avenue with over 100 feet of key frontage. The property is located in between La Cienega Blvd and Croft avenue and has alley access. The property is currently occupied by a French antique store and will be delivered vacant at the close of escrow. This allows an investor or owner/user the opportunity to acquire the site. One of the highest and best uses for this retail building is a future restaurant opportunity. The building has high ceilings and there is potential for outdoor seating. The property is walking distance to Melrose Place and close to many shopping and restaurant destinations in West Hollywood.

Tax History for 8435 Melrose Ave

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $416,776 -- --

About 8435 Melrose Ave

Detailed summary of property

8435 Melrose Ave is categorized with a use code of Commercial-Vacant Land in Los Angeles, CA 90069 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 3,871 square foot lot. Homes in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Local nearby listings include 932 N Alfred St #Penthouse 2, 738 N Harper Ave and 402 N Flores St. The average home in Los Angeles, CA is selling in 99 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. If you are the homeowner and looking to sell the home at 8435 Melrose Ave Los Angeles, CA 90069 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8435 Melrose Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
3,871
Stories
--
Type
Commercial-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5528-017-038

The source for these homes facts are from public records.

90069 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,475,000
Median List Price/Sq.Ft.
$1,130
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$910
Total Inventory
292
Median Sale to List Price %
95.35%
Avg Days on Market
41
Loan Type
Conventional (10.71%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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Nearby Homes to 8435 Melrose Ave

Data from public records.

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-- Beds | -- Baths | -- Sq. Ft.
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-- Beds | -- Baths | 3,719 Sq. Ft.
-- Beds | -- Baths | 8,446 Sq. Ft.
-- Beds | -- Baths | 2,571 Sq. Ft.
-- Beds | -- Baths | 3,606 Sq. Ft.
-- Beds | -- Baths | 900 Sq. Ft.
-- Beds | -- Baths | 3,780 Sq. Ft.

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