407 N Norton Ave, Los Angeles, CA 90004

2 beds1 bath728 sqft

Sold: $570,000
Sold on 04/17/14
Zestimate®: $725,360
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Larchmont Village bungalow with separate bonus structure great for studio/office/creative space. Living room, kitchen with original cabinetry and built in banquet, two bedrooms, one bathroom and laundry room. A number of creative options to consider. Great condo alterative with the existing structure. Expand out the rear to create a 3BR/2BA. The property may even qualify for a Small Lot Subdivision, creating 2 townhouse style homes (developers to investigate). Hardwood floors, original moldings and French doors throughout. Lot is zoned R3 and is 42 by 95.

Facts

  • Lot: 3,990 sqft
  • Single Family
  • Built in 1920
  • Cooling: Other
  • Heating: Wall
  • Last sold: Apr 2014 for $570,000
  • Price/sqft: $783

Features

  • Flooring: Hardwood

      Appliances Included

      • Garbage disposal

      Construction

      • Exterior material: Other
      • Roof type: Other
      • # Stories: 1.0
      • Structure type: Bungalow
      • Unit count: 1

      Other

      • Floor size: 728 sqft
      • Heating: None
      • Last remodel year: 1923
      • Lot depth: 95
      • Lot width: 42
      • Parcel #: 5522025002
      • Zillow Home ID: 20782046

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $725,360
      +$23,826 Last 30 days
      $653K
      $783K
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $2,241/mo
      +$81 Last 30 days
      $1.5K
      $3.2K
      Zestimate range
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      $XXX,XXX
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      Popularity on Zillow

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      Neighborhood

      Market guide

      Zillow predicts Mid Wilshire home values will increase 4.6% next year, compared to a 2.6% rise for Los Angeles as a whole. Among Mid Wilshire homes, this home is valued 46.3% less than the midpoint (median) home, but is valued 15.9% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Mid Wilshire, the number of foreclosures waiting to be sold is 4.9% less than in Los Angeles, and 41% higher than the national average. This lower local number could help Mid Wilshire home values rise more quickly than other regions in Los Angeles.

      Learn more about forecast calculations or Mid Wilshire home values.
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        Nearby Schools in Los Angeles

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