4 months on rocket

448 Solano Ave, Los Angeles, CA, 90012

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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448 Solano Ave, Los Angeles$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1922
MLS #WS23222264
Lot Size0.13 Acres
StatusActive

About 448 Solano Ave

Price Reduced!!! Another 5 Units Listing - 5211 Huntington Drive, Los Angeles is For Sale By Sale Sellers. 3 Separate Buildings Total 4 Units. Front Building Is 2-Story Duplex, (448 & 450) has 2 Bed Rooms & 1.5 Bath each. Middle Building (448 1/2) Has 1 Bed Room 1 Bath. Rear Unit (450 1/2) Has 2 Bed Rooms 1 Bath. Existing Rental Income below market due to Senior Owner Never Adjusted Rent Accordingly. Front Unit #448 was Owner Occupied. Offer Subject to Inspection.

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 2

Listing Office:

  • Office Name: WANGS INVESTMENT GROUP
  • Office Phone: (626) 689-3389
  • Listing Agent: JAMES WANG

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.13 Acres

School Info

Assigned Schools Information:

  • Abraham Lincoln Senior High School, Public Magnet Grades 9-12
  • Woodrow Wilson Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Florence Nightingale Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Solano Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Broadway and Solano Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000

Tax Information:

  • Annual Amount: $1,499
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

448 Solano Ave vs Los Angeles

142 DAYS ON ROCKET

+108 Days

$850,000

-$125.9K Less

KEY TAKEAWAY

This property is $125.9K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #WS23222264

Listing Office:

  • Office Name: WANGS INVESTMENT GROUP
  • Office Phone: (626) 689-3389
  • Listing Agent: JAMES WANG

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 1:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,499$88,729
2020$1,462$87,820
2019$1,371$86,099
2018$1,346$84,412
2017$1,346$82,758

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3126944
7
/10

  • Solano Avenue Elementary School

  • 615 Solano Ave

  • 0.28 miles

  • Public District Grades KG-6

school-card-donut-3126945
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.60 miles

  • Public Magnet Grades KG-6

school-card-donut-3126946
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 24.97 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3126947
4
/10

  • Florence Nightingale Middle School

  • 3311 N Figueroa St

  • 1.27 miles

  • Public District Grades 6-8

school-card-donut-3126948
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.25 miles

  • Public District Grades 6-8

High School

school-card-donut-3126949
5
/10

  • Abraham Lincoln Senior High School

  • 3501 N Broadway

  • 1.55 miles

  • Public Magnet Grades 9-12

school-card-donut-3126950
4
/10

  • Woodrow Wilson Senior High School

  • 4500 Multnomah St

  • 2.56 miles

  • Public Magnet Grades 9-12

school-card-donut-3126951
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 2.64 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,842. The majority of Los Angeles, CA residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 448 Solano Ave

What is the listing price of this property?

The listing price of 448 Solano Ave property is $850,000.

What type of property is this?

The property 448 Solano Ave is a condo located in Los Angeles, California, 90012.

Is this property for sale now?

Active Listing: 448 Solano Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 448 Solano Ave are:
Solano Avenue Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Florence Nightingale Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Abraham Lincoln Senior High School: GreatSchools Rating 5/10
Woodrow Wilson Senior High School: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,499 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 448 Solano Ave is 1922.

Rocket Homes›California›Los Angeles County›Los Angeles›90012›448 Solano Ave

This home is located at 448 Solano Ave in Los Angeles, CA and zip code 90012 in the Central LA neighborhood. This home, which was built in 1922, sits on a 0.13 acre lot. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $850,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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