7116 Waring Ave is a 1,260 square foot house on a 3,175 square foot lot with 2 bedrooms and 1 bathroom. This home is currently off market - it last sold on February 07, 1973 for $54,000. Based on Redfin's Los Angeles data, we estimate the home's value is $1,615,551.
Source:Public Records
Home facts
Property Type
Single Family Residential
Year Built
1937
Lot Size
3,175 Sq. Ft.
Price insights
Redfin Estimate
$1,615,551
Price/Sq.Ft.
$1,282
Redfin Estimate for 7116 Waring Ave
Redfin has the most accurate online home estimate
$1,615,551
$1.6M since sold in February 1973
$17K since September
1 year
5 year
Historical Redfin Estimate Graph ChartGraph chart of this property's Redfin Estimate over time20192020202120222023$800K$1.0M$1.2M$1.4M$1.6M$1.8M$2.0M$2.2M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.1M to $1.6M..
Showing nearby schools. Please check the school district website to see all schools serving this home.
GreatSchools Summary Rating
4/10
Laurel Elementary School
Public, K-8 • Serves this home • 1.0mi
4/10
Hubert Howe Bancroft Middle School
Public, 6-8 • Nearby school • 0.5mi
4/10
Fairfax Senior High School
Public, 9-12 • Serves this home • 0.9mi
School data is provided by GreatSchools, a nonprofit organization. Redfin recommends buyers and renters use GreatSchools information and ratings as a first step, and conduct their own investigation to determine their desired schools or school districts, including by contacting and visiting the schools themselves. Redfin does not endorse or guarantee this information. School service boundaries are intended to be used as a reference only; they may change and are not guaranteed to be accurate. To verify school enrollment eligibility, contact the school district directly.
Around this home
Transportation near 7116 Waring Ave
96/100
Walker's paradise
Walk Score®
54/100
Good transit
Transit Score®
66/100
Bikeable
Bike Score®
Places
2 groceries, 31 restaurants, 0 parks
Transit
10/48, 14/37, 2, 212, 224, 224/690, 4
Climate risks
About climate risks
Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels.
Risk Factor
Flood Factor - Minimal
Unlikely to flood in next 30 years
Fire Factor - Moderate
0.15% chance of being in a wildfire in next 30 years
Heat Factor - Major
7 days above 90° expected this year, 22 days in 30 years
Wind Factor - Minimal
Minimal risk of severe winds over next 30 years
Provided by First Street Foundation
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Estimated sale price
$1.54M – $1.83M
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Nearby similar homes
Homes similar to 7116 Waring Ave are listed between $1M to $11M at an average of $955 per square foot.
7116 Waring Ave is a 1,260 square foot house on a 3,175 square foot lot with 2 bedrooms and 1 bathroom. This home is currently off market - it last sold on February 07, 1973 for $54,000
How much is this home worth?
Based on Redfin's Los Angeles data, we estimate the home's value is $1,615,551
When was this home built and last sold?
7116 Waring Ave was built in 1937 and last sold for $54,000.
What is the rental estimate for this home?
We estimate that 7116 Waring Ave would rent for between $4,285 and $5,291.
How competitive is the market for this home?
Based on Redfin's market data from the past 3 months, we calculate that market competition in Melrose, this home's neighborhood, is somewhat competitive. Homes sell for about 2% below list price and go pending in around 41 days. Hot homes can sell for around list price and go pending in around 26 days. Compared to nearby markets, Melrose is less competitive than Studio City and less competitive than North Hollywood.
The full address for this home is 7116 Waring Avenue, Los Angeles, California 90046.
What's the housing market like in Central LA?
The Central LA housing market is somewhat competitive. Homes in Central LA receive 3 offers on average and sell in around 43.5 days. The median sale price of a home in Central LA was $1.8M last month, down 0.57% since last year. The median sale price per square foot in Central LA is $929, down 1.4% since last year.