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Back 1024 Lakme Avenue
Off Market

1024 Lakme Avenue

Los Angeles CA 90744

3
2
2
1520 sq. ft.
8467 sq. ft.
Single-Family
Last sold for $680,000
Chris BromanChris Broman, last sold this property on 26 October 2022 after 25 days on market.

Overview

In the heart of Wilmington, a suburb nestled near the Port of Los Angeles Waterfront, this three bedroom, two bathroom single-family home is perfect for a family just starting out. Originally built in 1979, the home has been dutifully maintained and consistently updated over the years. New flooring was recently added throughout, and walls and ceilings have just been repainted. One of the most endearing features of this fresh and bright home is the vintage brick fireplace that adds late-century charm to the living room. The spacious kitchen provides space to entertain and gather while the bedrooms are tucked away down the main hallway of the home for peace and privacy. This lovely home has a mid-century modern feel, with potential to either move in immediately or renovate the home of your dreams. The home gives residents 1520 square feet of living space on an expansive 8,467 sq ft lot. The huge backyard creates the opportunity for ample outdoor living and recreation, and could also be used to develop an additional rental unit at the rear of the home. The City of Wilmington boasts many historical points of interest as well as hip new breweries and decades-old restaurants. It is just a quick drive (or jump on public transport) to neighboring cities of Long Beach, the new SoFi Stadium in Inglewood and DTLA as well as many K-12 schools and higher education institutions. This is the perfect opportunity to live in a thriving location or develop an investment property that is sure to maintain its value in the years ahead.

Features

3 bedrooms
2 bathrooms
2 carspaces
1520 sq. ft. floor area
8467 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Los Angeles over the last 12 months, the estimated median property value of 1024 Lakme Avenue is $700k.

Median value
$700k
Estimated value range
$6.4k - $825k
Median days on market
12
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1024 Lakme Avenue

2022
Sold
$680,000
26 Oct 2022 by Chris Broman, of Compass

Happy sellers in Los Angeles

87%
87% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 3 bedroom single-family properties in Los Angeles

In the last 12 months, 36 three-bedroom single-family properties similar to 1024 Lakme Avenue, have been sold.

This represents a 30% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Los Angeles

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ERIN RIOS

ERIN RIOS is a recommended agent for Los Angeles.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (12 reviews)
  •  2 Reviews in Los Angeles
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Sophia De La Vara

Sellers who recommend Sophia De La Vara have praised them for being local expert, clear communication, responsive, supportive, patient, dedicated, and great negotiation

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Eduardo Chavez Aguilar

Sellers who recommend Eduardo Chavez Aguilar have praised them for being local expert, clear communication, supportive, reliable, dedicated, empathetic, and attentive

  •   5   (37 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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Kelly Schmit

Kelly Schmit is a recommended agent for Los Angeles.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (13 reviews)
  •  1 Review in Los Angeles
  •  1 Sale in Los Angeles
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