1207 E Florence Ave Los Angeles, CA 90001

$10,000 Sold Price as of 03/15/2000

-- Beds
-- Baths
5,200 Sq.Ft.

Off Market

$10,000 Sold Price as of 03/15/2000 Refinance Your Mortgage

Map preview of 1207 E Florence Ave, Los Angeles, CA 90001

Property Overview: 1207 E Florence Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 5,200 living square feet and 5,524 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1207 E Florence Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1207 E Florence Ave

Last sold for $10,000 on March 15th, 2000

October, 2020
Oct 3, 2020

Date

Expired

CRMLS: DW20069021

$1,350,000

Price
Apr 4, 2020

Date

Active

CRMLS: DW20069021

$1,350,000

Price
Listing provided courtesy of CRMLS

Large 5,200 sqft retail frontage in a desirable pocket of Unincorporated Los Angeles. The zoning allows for several different uses as well as uses subject to permit. This commercial property is located within the Opportunity Zone perfect for long term investors in a gentrifying area. The sale includes the rear parcel with entryway at 1206 E. 71st St.(Combined lots square footage of 11,055 sqft) The rear parcel is currently used as a parking lot for the retail location but has a LCR3YY Zoning for possible development.

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March, 2020
Mar 30, 2020

Date

Expired

CRMLS: DW20005653

$8,000

Price
Mar 10, 2020

Date

Withdrawn

CRMLS: DW20005653

$8,000

Price
Jan 9, 2020

Date

Active

CRMLS: DW20005653

$8,000

Price
Listing provided courtesy of CRMLS

Used your imagination and start your own business. Property used to be a market , refrigeration is still there, meat freezer, meat department machines are still in place. This property consist of two addresses ,it goes over from block to block. Has its own parking lot in the back. You could own two business for the price of one. Great location

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August, 2019
Aug 11, 2019

Date

Expired

CRMLS: DW18240107

$1,000,000

Price
Jul 29, 2019

Date

Active

CRMLS: DW18240107

$1,000,000

Price
Apr 24, 2019

Date

Active Under Contract

CRMLS: DW18240107

$1,000,000

Price
Feb 23, 2019

Date

Active

CRMLS: DW18240107

$1,000,000

Price
Feb 19, 2019

Date

Price Change

CRMLS: DW18240107

$1,000,000

Price
Feb 9, 2019

Date

Hold

CRMLS: DW18240107

$850,000

Price
Feb 6, 2019

Date

Price Change

CRMLS: DW18240107

$850,000

Price
Dec 29, 2018

Date

Price Change

CRMLS: DW18240107

$1,000,000

Price
Nov 8, 2018

Date

Price Change

CRMLS: DW18240107

$1,250,000

Price
Oct 3, 2018

Date

Active

CRMLS: DW18240107

$1,500,000

Price
Listing provided courtesy of CRMLS

2 For the price of one! Large Storefront Building & Parking Lot (APN #: 6010-016-003 also included)!! On quickly gentrifying Florence Ave with 2nd lot included in sale totaling 11,155 sqft Lot SZ. Front Building measures 5,200 of building sqft that was previously used as grocery store with butcher shop. Their is plenty of warehouse/storage space. The 2nd lot that is directly behind building & goes all the way to 71st st (1206 E 71st st LA) is currently being used as parking, measures 5,630 Sqft of Lot space & is currently zoned R2 so there is huge potential for future building or expansion.

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March, 2000
Mar 15, 2000

Date

Sold (Public Records)

Public Records

$10,000

Price
November, 1993
Nov 16, 1993

Date

Sold (Public Records)

Public Records

$1,000

Price

Tax History for 1207 E Florence Ave

Assessed Value (2020): $379,437

Year	Land Value	Improved Value	Assessed Value
2020	$140,531	$238,906	$379,437

About 1207 E Florence Ave

Detailed summary of property

1207 E Florence Ave is categorized with a use code of Manufacturing (Light) in Los Angeles, CA 90001 and last sold on March 15, 2000 for $10,000. This property has -- bedrooms, -- bathrooms, roughly 5,200 living square feet, and sits on an approximately 5,524 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 99.11% lower than the current median priced home. 1207 E Florence Ave was last sold on March 15, 2000 for $10,000. Local nearby listings include 1827 E 66th St, 1701 E 61st St and 701 E 84th St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 1207 E Florence Ave Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1207 E Florence Ave

Public county record property details

Beds: --
Baths: --
Year built: 1928
Sq. Ft.: 5,200
Lot Size: 5,524
Stories: 1

Type: Manufacturing (Light)
Pool: No
Spa: No
County: Los Angeles
Lot#: 779
APN: 6010-016-025

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$589,000

Median List Price/Sq.Ft.

$551

Median Sold Price

$640,000

Median Sold Price/Sq.Ft.

$549

Total Inventory

Median Sale to List Price %

106.68%

Avg Days on Market

Loan Type

Conventional (25%), FHA (50%), VA (0%), Cash (16.67%), Other (8.33%)

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