13 days on rocket

Sale Pending

516 N Arden Blvd, Los Angeles, CA, 90004

$1,500,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,780 SqFt
$843/SqFt
House
Schools Nearby

Location

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516 N Arden Blvd, Los Angeles$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Driveway Level, Driveway, Oversized
Year Built1924
HeatingCentral, Fireplace(s)
CoolingWall/Window Unit(s)
FireplaceFamily Room, Wood Burning
ViewNeighborhood
MLS #OC24076229
Lot Size0.16 Acres
StatusSale Pending
(Pending)

About 516 N Arden Blvd

Absolutely Gorgeous & what an incredible investment opportunity!! This amazing single-story ranch style home sits walking distance to Larchmont Village and has a deep large backyard. This community is highly coveted and always in super high demand. Nestled right next to Hancock Park, the property showcases spaciousness with privacy. You will absolutely love the uniqueness this lot and location have to offer. The home has an amazing long driveway and an incredible backyard for entertaining and relaxing. The home is equally amazing as it boasts many upgrades and amenities such as; bright and open floor plan, beautiful real hardwood flooring, tall baseboards & ceilings, recessed lighting, ceiling fans, custom cut-outs and door casings, many built-in nooks and storage areas, huge kitchen with lots of cabinets, stainless steel appliances, granite counter tops and full granite backsplash, large bedrooms, indoor laundry, tile flooring in bathrooms and laundry room, remodeled bathroom with ADA access, walk in closets, newer electrical wiring and panels, 1920 charm, and so much more. This home is great for end users or fantastic for investors looking to make this property out of this world with a high-end flip. Words and pictures can never convey the beauty this home and community have to offer, come and see for yourself!!

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish, Traditional
  • Year Built: 1924
  • Stories: 1
  • Living Area: 1,780 SqFt

Listing Office:

  • Office Name: HomeSmart, Evergreen Realty
  • Office Phone: (714) 270-5511
  • Listing Agent: Curtis Rodriguez

Interior Features

Interior Information:

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Heater
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Tray Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: Family Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood
  • Exterior: Lighting

Parking Information:

  • Parking: Concrete, Driveway Level, Driveway, Oversized

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Lawn, Landscaped, Level, Rectangular Lot, Sprinklers
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Fireplace(s)
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Fairfax Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Hubert Howe Bancroft Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Van Ness Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Melrose Ave. to N. Arden Blvd. Head South. Property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $843/SqFt

Tax Information:

  • Annual Amount: $4,313
  • 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

516 N Arden Blvd vs Los Angeles

13 DAYS ON ROCKET

-21 Days

$1,500,000

+$524K More

$843/SqFt

+$215 More

KEY TAKEAWAY

This property is $524K more than the Median Sold Price and $215/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24076229

Listing Office:

  • Office Name: HomeSmart, Evergreen Realty
  • Office Phone: (714) 270-5511
  • Listing Agent: Curtis Rodriguez

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: 4/30/2024, 2:25:20 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$4,313$345,435
2020$4,186$341,894
2019$4,092$335,191
2018$4,006$328,620
2017$4,006$322,177

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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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-3727052
7
/10

  • Van Ness Avenue Elementary School

  • 501 N Van Ness Ave

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-3727053
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.18 miles

  • Public Magnet Grades KG-6

school-card-donut-3727054
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 19.72 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3727055
4
/10

  • Hubert Howe Bancroft Middle School

  • 929 N Las Palmas Ave

  • 0.93 miles

  • Public Magnet Grades 6-8

school-card-donut-3727056
4
/10

  • Studio

  • 2211 W Avenue 30

  • 5.38 miles

  • Public District Grades 6-8

High School

school-card-donut-3727057
4
/10

  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 1.97 miles

  • Public Magnet Grades 9-12

school-card-donut-3727058
8
/10

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

  • 456 S Mathews St

  • 7.13 miles

  • Public Magnet Grades 9-12

school-card-donut-3727059
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.70 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 $56,250. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 516 N Arden Blvd

What is the listing price of this property?

The listing price of 516 N Arden Blvd property is $1,500,000.

What type of property is this?

The property 516 N Arden Blvd is a house located in Los Angeles, California, 90004.

Is this property for sale now?

Sale Pending: 516 N Arden Blvd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 516 N Arden Blvd are:
Van Ness Avenue Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Hubert Howe Bancroft Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Fairfax Senior High School: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,313 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 516 N Arden Blvd has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 516 N Arden Blvd is 1,780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 516 N Arden Blvd is 1924.

Rocket Homes›California›Los Angeles County›Los Angeles›90004›516 N Arden Blvd

This home is located at 516 N Arden Blvd in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 1,780 square foot home, which was built in 1924, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $1,500,000.

In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

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

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