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1513 W Florence Ave, Los Angeles, CA 90047
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1513 W Florence Ave Los Angeles, CA 90047

$575,000
  • 3 Beds
  • 1 Baths
  • 600 Sq.Ft.
For Sale
$575,000 Get Pre-Qualified
Map preview of 1513 W Florence Ave, Los Angeles, CA 90047

Property Overview: 1513 W Florence Ave Los Angeles, CA has 3 bedrooms, 1 bathrooms, 600 living square feet and 6,426 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: Great development opportunity. LAC2, TOC Tier 1, ED1 Applicable. Adjacent parcel also for sale at 1509 W Florence Blvd. Bringing total lot area to 11,246. Property consists of a single family home. Buyer and buyers agent to verify all information with the city and county for accuracy.

Listed by Shamim Khorsand Mashhadi | BRE #02042990 | RE/MAX ESTATE PROPERTIES
Last checked: 13 minutes ago | Last updated: June 24th, 2024 | Source CRMLS | DOM: 10
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Home details

Lot Sq. Ft
6,426
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24404565
City
Los Angeles
County
Los Angeles
Time on Site
8 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $900
  • Pro Forma/Market Rent: $900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: --
  • Net Operating Income: $17,213
  • Gross Operating Income: $32,400
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1513 W Florence Ave

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Property Details for 1513 W Florence Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 6015034018
  • Property Condition: Additions/Alterations
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: 110 S. to Florence Exit, head West , property is on the right hand side.
View more facts & features

Local Los Angeles Agent

Sale History for 1513 W Florence Ave

View property's historical transactions

  • June, 2024

  • Jun 16, 2024

    Date

    Active

    CRMLS: 24404565

    $575,000

    Price

  • June, 2024

  • Jun 6, 2024

    Date

    Canceled

    CRMLS: 24397785

    $575,000

    Price

  • May 31, 2024

    Date

    Active

    CRMLS: 24397785

    $575,000

    Price

  • Listing provided courtesy of CRMLS

    C-2 zoning. Contiguous property at 1509 W Figueroa Ave., is also for sale at $925,000. (1509 and 1513 have combined 11,246 Sq. Ft.) Approximately 20K vehicles per day. 1513 consists of 3 rooms rented as furnished, month-to-month, Airbnb units. (Rents are projected)

  • May, 2021

  • May 1, 2021

    Date

    Expired

    CRMLS: IN20258266

    $625,000

    Price

  • Mar 24, 2021

    Date

    Active

    CRMLS: IN20258266

    $625,000

    Price

  • Mar 11, 2021

    Date

    Pending

    CRMLS: IN20258266

    $625,000

    Price

  • Feb 23, 2021

    Date

    Active

    CRMLS: IN20258266

    $625,000

    Price

  • Jan 12, 2021

    Date

    Pending

    CRMLS: IN20258266

    $625,000

    Price

  • Dec 23, 2020

    Date

    Active

    CRMLS: IN20258266

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity Knocks! for first time home buyers or investors. 1-bedroom, 1-bath home sitting on a 6,424 SF Lot in a Zoning LAC2. Close to shopping and sports entertainment.

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Tax History for 1513 W Florence Ave

Assessed Value (2020): $83,867
Year Land Value Improved Value Assessed Value
2020 $67,820 $16,047 $83,867

Home Value Compared to the Market

This property vs the competition

1513 W Florence Ave is listed 53.96% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $958.33 per/sqft which puts the price per square foot 23.18% higher than the median price per square foot for the city of Los Angeles.

About 1513 W Florence Ave

Detailed summary of property

1513 W Florence Ave is a multi family located in Los Angeles, CA 90047 and is currently for sale. This multi family property offers 3 bedrooms, 1 bathrooms, roughly 600 living square feet, and sits on an approximately 6,426 square foot lot. 1513 W Florence Ave was first listed on ArdentRealEstateGroup.com on June 17, 2024. The homeowner is currently asking $575,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 53.96% lower than the median priced home. Local competing homes currently for sale include 1507 W 51St St, 1507 W 51St St and 362 W 59th Pl. While the average home in Los Angeles, CA is selling in 98 days, 1513 W Florence Ave has a days on market of 10 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 1513 W Florence Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1513 W Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
600
Lot Size
6,424
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
284,285
APN
6015-034-018

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$775,000
Median List Price/Sq.Ft.
$583
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$511
Total Inventory
91
Median Sale to List Price %
102.31%
Avg Days on Market
39
Loan Type
Conventional (40%), FHA (25%), VA (0%), Cash (10%), Other (10%)

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Recently Sold Homes Near 1513 W Florence Ave

1509 W Florence Ave, Los Angeles, CA 90047
$1,065,000 Last Sold Price
12 Beds
0 Baths
2888 Sq.Ft.
1509 W Florence Ave
Los Angeles, CA 90047
1510 W Florence Ave, Los Angeles, CA 90047
$360,000 Last Sold Price
4 Beds
4 Baths
1586 Sq.Ft.
1510 W Florence Ave
Los Angeles, CA 90047
1512 W Florence Ave, Los Angeles, CA 90047
$625,000 Last Sold Price
3 Beds
3 Baths
2432 Sq.Ft.
1512 W Florence Ave
Los Angeles, CA 90047
1600 W 71St St, Los Angeles, CA 90047
$600,000 Last Sold Price
7 Beds
4 Baths
-- Sq.Ft.
1600 W 71St St
Los Angeles, CA 90047

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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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