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1501 Firestone Blvd, Los Angeles, CA 90001
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1501 Firestone Blvd Los Angeles, CA 90001

$2,490,000
  • 96 Beds
  • 256 Baths
  • 9,306 Sq.Ft.
For Sale
$2,490,000 Get Pre-Qualified
Map preview of 1501 Firestone Blvd, Los Angeles, CA 90001

Property Overview: 1501 Firestone Blvd Los Angeles, CA has 96 bedrooms, 256 bathrooms, 9,306 living square feet and 18,983 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Commercial Lot, North East Corner at the busy Intersection of crossing two big streets, Firestone Blvd. and Compton Ave. There are alleys surrounded along backside to help benefit for this property as convenience. It should be great news to the Investors or Developers ! This Lot is consist of 4 parcels (6028-034-013, 6028-034-014, 6028-034-015, 6028-034-016). Please take a look the property outside only and do not talk to any tenant in this property and not interrupt their business and private living lives regarding the property sale. All 16 units have their own separate Electric and Gas Meters. Lower rent and 1(one) unit Vacancy ($ 1,000/Month). Rent to be increased as potential. Regarding the Financial analysis on the property, Buyer should calculate by his/her own view point, it may be come out different results against Seller's one. Listing agent is a one of the seller.

Listed by Benjamin Huh | BRE #01041754 | America Realty Los Angeles
Last checked: 5 minutes ago | Last updated: August 2nd, 2024 | Source CRMLS | DOM: 56
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Home details

Lot Sq. Ft
18,983
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24417835
City
Los Angeles
County
Los Angeles
Time on Site
61 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 8
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 6
  • # of Baths: 16
  • Furnishing: Unfurnished
  • Actual Rent: $968
  • Total Rent: $14,500
  • Pro Forma/Market Rent: $16,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.4%
  • Gross Rent Multiplier: 7
  • Gross Scheduled Income: --
  • Net Operating Income: $114,503
  • Gross Operating Income: $174,000
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1501 Firestone Blvd

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Property Details for 1501 Firestone Blvd

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Other
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Owner
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 16
  • Parcel Number: 6028034016
  • Architectural Style: Contemporary
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North East Corner of Firestone Blvd. and Compton Ave
View more facts & features

Local Los Angeles Agent

Sale History for 1501 Firestone Blvd

View property's historical transactions

  • July, 2024

  • Jul 20, 2024

    Date

    Active

    CRMLS: 24417835

    $2,490,000

    Price

  • May, 2023

  • May 18, 2023

    Date

    Canceled

    CRMLS: 22194115

    $2,999,000

    Price

  • Aug 28, 2022

    Date

    Active

    CRMLS: 22194115

    $2,999,000

    Price

  • Listing provided courtesy of CRMLS

    Commercial Lot, North East Corner at the busy Intersection of crossing two big streets, Firestone Blvd. and Compton Ave. There are alleys surrounded along backside to help benefit for this property as convenience. It should be great news to the Investors or Developers ! This Lot is consist of 4 parcels (6028-034-013, 6028-034-014, 6028-034-015, 6028-034-016). Please take a look the property outside only and do not talk to any tenant in this property and not interrupt their business and private living lives regarding the property sale. All 16 units have their own separate Electric and Gas Meters. Lower rent and No Vacancy. Rent to be increased as potential. Regarding the Financial analysis on the property, Buyer should calculate by his/her own view point, it may be come out different results against Seller's one. Listing agent is a one of the seller.

  • May, 2021

  • May 23, 2021

    Date

    Expired

    CRMLS: 21696208

    $2,390,000

    Price

  • Feb 22, 2021

    Date

    Active

    CRMLS: 21696208

    $2,390,000

    Price

  • Listing provided courtesy of CRMLS

    Commercial Lot, North East Corner at the busy Intersection of crossing two big streets, Firestone Blvd. and Compton Ave. There are alleys surrounded along backside to help benefit for this property as convenience. It should be great news to the Investors or Developers ! This Lot is consist of 4 parcels (6028-034-013, 6028-034-014, 6028-034-015, 6028-034-016). Please take a look the property outside only and do not talk to any tenant in this property and not interrupt their business and private living lives regarding the property sale. All 16 units have their own separate Electric and Gas Meters. Lower rent and No Vacancy. Rent to be increased as potential. Regarding the Financial analysis on the property, Buyer should calculate by his/her own view point, it may be come out different results against Seller's one. Listing agent is a one of the seller.

  • February, 2021

  • Feb 20, 2021

    Date

    Expired

    CRMLS: 21694298

    $2,390,000

    Price

  • Feb 19, 2021

    Date

    Active

    CRMLS: 21694298

    $2,390,000

    Price

  • Listing provided courtesy of CRMLS

    Commercial Lot, North East Corner at the busy Intersection of crossing two big streets, Firestone Blvd. and Compton Ave. There are alleys surrounded along backside to help benefit for this property as convenience. It should be great news to the Investors or Developers ! This Lot is consist of 4 parcels (6028-034-013, 6028-034-014, 6028-034-015, 6028-034-016). Please take a look the property outside only and do not talk to any tenant in this property and not interrupt their business and private living lives regarding the property sale. All 16 units have their own separate Electric and Gas Meters. Lower rent and No Vacancy. Rent to be increased as potential. Regarding the Financial analysis on the property, Buyer should calculate by his/her own view point, it may be come out different results against Seller's one.

Show More

Tax History for 1501 Firestone Blvd

Assessed Value (2020): $105,290
Year Land Value Improved Value Assessed Value
2020 $33,900 $71,390 $105,290

Home Value Compared to the Market

This property vs the competition

1501 Firestone Blvd is listed 107.5% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $267.57 per/sqft which puts the price per square foot 65.16% lower than the median price per square foot for the city of Los Angeles.

About 1501 Firestone Blvd

Detailed summary of property

1501 Firestone Blvd is a multi family located in Los Angeles, CA 90001 and is currently for sale. This multi family property offers 96 bedrooms, 256 bathrooms, roughly 9,306 living square feet, and sits on an approximately 18,983 square foot lot. 1501 Firestone Blvd was first listed on ArdentRealEstateGroup.com on July 20, 2024. The homeowner is currently asking $2,490,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 107.5% higher than the median priced home. Local competing homes currently for sale include 324 W 51st St, 1152 W 88th St and 1213 W 93rd St. While the average home in Los Angeles, CA is selling in 106 days, 1501 Firestone Blvd has a days on market of 56 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. For more information on this home for sale at 1501 Firestone Blvd 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 1501 Firestone Blvd

Public county record property details
Beds
--
Baths
--
Year built
1924
Sq. Ft.
2,524
Lot Size
4,190
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
21,22
APN
6028-034-016

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.
$568
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$549
Total Inventory
31
Median Sale to List Price %
106.68%
Avg Days on Market
19
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (16.67%), Other (8.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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