150 W Florence Ave Los Angeles, CA 90003

$490,000 Sold Price as of 08/30/2019

1 Beds
1 Baths
2,132 Sq.Ft.

Off Market

$490,000 Sold Price as of 08/30/2019 Refinance Your Mortgage

Map preview of 150 W Florence Ave, Los Angeles, CA 90003

Property Overview: 150 W Florence Ave Los Angeles, CA has 1 bedrooms, 1 bathrooms, 2,132 living square feet and 5,588 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

150 W 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 $1,200,000. The median price per/sqft for Los Angeles is $768. 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 $240,000 for the down payment and will need roughly $24,000 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 150 W Florence Ave

Last sold for $490,000 on August 30th, 2019

July, 2022
Jul 13, 2022

Date

Expired

CRMLS: 22118175

$799,000

Price
Jan 12, 2022

Date

Active

CRMLS: 22118175

$850,000

Price
Listing provided courtesy of CRMLS

Introducing 150 W Florence Avenue. This 5,588 sf parcel offers investors a great development opportunity on a busy thoroughfare. The lot is zoned LAC2 and has been designated Tier 2 by TOC which allows additional incentives (Buyer to verify). Its close proximity to the 110 Freeway provides convenient access to Downtown Los Angeles.

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August, 2019
Aug 30, 2019

Date

Sold (Public Records)

Public Records

$490,000

Price
October, 2018
Oct 31, 2018

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 150 W Florence Ave

Assessed Value (2020): $490,000

Year	Land Value	Improved Value	Assessed Value
2020	$225,000	$265,000	$490,000

About 150 W Florence Ave

Detailed summary of property

150 W Florence Ave is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90003 and last sold on August 30, 2019 for $490,000. This property has 1 bedrooms, 1 bathrooms, roughly 2,132 living square feet, and sits on an approximately 5,588 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 56.25% lower than the current median priced home. 150 W Florence Ave was last sold on August 30, 2019 for $490,000. Local nearby listings include 5889 Towne Ave #5889, 321 W 58th St and 5846 Denver Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 150 W Florence Ave Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 150 W Florence Ave

Public county record property details

Beds: 1
Baths: 1
Year built: 1922
Sq. Ft.: 2,132
Lot Size: 5,588
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3
APN: 6031-001-003

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$599,000

Median List Price/Sq.Ft.

$574

Median Sold Price

$515,000

Median Sold Price/Sq.Ft.

$535

Total Inventory

Median Sale to List Price %

103%

Avg Days on Market

Loan Type

Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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(714) 706-1823

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