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Updated: 02/24/12  Pending

814 Lorraine Blvd. LOS ANGELES, CA 90005
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22% Below Base Market Value
Price:
Base Market Value:
$599,000

$771,651
PROPERTY INFORMATION
PHOTOS & MAP
MORE REAL ESTATE IN LOS ANGELES

MARKET LAB
SCATTER * PLOT
COMPARABLES
INSIDER INFO
 
Updated: 02/24/12  Pending
Property Type : Single Family Home
Sub-Type : Two Level
Property ID : #2925464
MLS ID : P797294

InSight :
Ownership/ Sale Type : SIGN IN TO VIEW
Property Condition : SIGN IN TO VIEW
Financing : SIGN IN TO VIEW

Approx SQFT : 3,142 Lot Acreage : 0.170
Bedrooms : 5 Bathrooms : 3
Garage Stalls : 2 Year Built : 1919
Pool : Yes SPA : No

Refrigerator : No Stove : No
Dishwasher : No Washer/Dryer : No
Gated Community : No Fireplace : No
Parking : Not Listed Microwave : No

Key Comparable Statistics

Comparable Listings:
Price vs Base:
Discount Value:
Price/Sq Ft:
House Square Footage:
Lot Acreage:
Year Built:
814 LORRAINE BLVD

--
$599,000
22% Below
$190.64
3142
0.17
1919
COMPARABLES IN 90005

7
$771,651
--
$283.86
2722.86
0.167
1921.6
Property Needs

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    Last Updated:  02/24/12
Listed by:   Get More Information
Search HOT Discounted Real Estate in LOS ANGELES, CA
See ALL Property Listings for sale in LOS ANGELES, CA

814 Lorraine Blvd
Los Angeles,  CA  90005
Description of 814 Lorraine Blvd :

Over 30 Years Since This Beauty Has Been On The Open Market. Stunning Hardwood Floors Throughout, Tumbled Travertine Entry Steps Up To Foyer With Ornate Original Dental Molding. Formal Dining Room And Separate Breakfast Room Off Of Upgraded Kitchen With Granite Counters Tile Backsplash. Living Room With Elegant Fireplace, Leads To A Den With A Wet Bar And Stone Fireplace. Upstairs Features 4 Bedrooms And 2 Full Baths Both Recently Remodeled. The Master Is Generous In Size With His And Hers Walk In Closets And Fireplace. The 5th Bedroom, Originally Maids Quarters Is Down Stairs Off Of The Kitchen. One Full Bath On Main Level. Recessed Lighting Through-out, Leaded Glass Windows, Forced Air Heating And A/c, Basement And Sparkling Pool. Don T Miss This Opportunity.
Interior Features : Exterior Features :

  • Wood Frame Windows
  • Basement - Partial
  • Crown Moldings
  • DINING ROOM/AREA FEATURES: Breakfast Nook
  • Formal Dining Rm
  • KITCHEN FEATURES: Granite Counters
  • Remodeled
  • BATHROOM FEATURES: Remodeled
  • BEDROOM FEATURES: Main Floor Bedroom
  • Master Suite
  • OTHER ROOMS: Den/Office
  • Formal Entry Room
  • Foyer Entry
Area

Hancock Park (HPK) (L)
Sub-Division

Hancock Park (HPK) (L)
Previous Sales History : Tax History :

Property Features of 814 Lorraine Blvd :

Area: Hancock Park (HPK) (L),Subdivision: Hancock Park (HPK) (L),Approximately 0.17 Acre(s),3 Total Full Bath(s),Type: Two Level,Pool Features: In Ground,2 Open Parking Space(s),2 Car Garage(s),Cooling Features: Cooling,Approximate Lot Is 62x121, $190.64/Sq.Ft.,Lot Features: Fully Fenced,Lot Size Is Less Than 1/2 Acre,Utilities Present: SEWER: In Street Sewer, WATER: District/Public Water,Parking Space(s),Basement,Dining Room,Den,Living Room,Parking Features: Garage Is Detached,
Information and Data for the Property at 814 Lorraine Blvd, LOS ANGELES, 90005 :

The real estate located at 814 Lorraine Blvd in LOS ANGELES, CA 90005 is a 3,142 square foot Single Family Home featuring 5 Bedrooms and 3 Bathrooms on a parcel lot size of 0.170 Acre. The property was built in 1919 and is Pending at a list price of $599,000 as of 02/24/12.
About the Comparable Properties in the LOS ANGELES, 90005 Area :

PropertyHookup.com's proprietary real estate search and evaluation software has identified current real estate data on 7 similar comparable properties that are either currently for sale or recently sold in the local LOS ANGELES, CA 90005 area. These comparable properties are simliar to the subject property located at 814 Lorraine Blvd in terms of their interior living square footage, total acre/ lot size, year built, property style and proximity to the property at 814 Lorraine Blvd. These 7 similar comparable properties have an average list price of $776,129. These 7 comparable properties feature an average living square footage of 2722.86 which translates to an average price per square foot of $283.86 / Sq.Ft. In this group of 7 comparable properties, our real estate statistical data shows that majority of these properties are valued above the Base Market Value threshold of $771,651.
How to Compare the local real estate values for 814 Lorraine Blvd, LOS ANGELES, 90005 :

When evaluating the comparable value and Base Market Value of the real estate at 814 Lorraine Blvd in LOS ANGELES, CA 90005, we first compare the price of $599,000 to this peer group of 7 properties which have an average list price of $776,129.

The average price per square foot of the 7 comparable real estate listings in LOS ANGELES, CA 90005 that are similar to 814 Lorraine Blvd is $283.86 per square foot.

We also compare the price of $599,000 for the property at 814 Lorraine Blvd to the base market value for this property of $771,651.

When compared to the Base Market Value of $771,651 for this total set of comparable LOS ANGELES properties, the current list price of $599,000 for the property at 814 Lorraine Blvd represents a 24% difference in value.

As in any real estate transaction, a substantial difference in price versus base value may be a signal and may reflect the condition or individual features of the property, so be sure to conduct your property and title inspections thoroughly, completely perform all of your due-diligence and consult a qualified California real estate professional like the local LOS ANGELES real estate agent or brokerage listed below before you make ANY LOS ANGELES real estate purchase.


Search Discounted LOS ANGELES, CA Investment Real Estate Opportunities and Foreclosure Property Listings in Los Angeles, CA and 90005




When contacting the qualified real estate agent listed below or any real estate professional about the real estate listing at 814 Lorraine Blvd in LOS ANGELES, CA 90005, please use the property's MLS #: P797294 or the designated PropertyHookup.com Property ID #: 2925464 for those listings that may not be listed on the MLS.
Contact Information for 814 Lorraine Blvd

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Holly Kovich
Tel : (562)762-7492
Tel : 800-878-6219
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