1516 W 58Th St, Los Angeles, CA 90062
Image 2 for 1516 W 58Th St, Los Angeles, CA 90062
Image 3 for 1516 W 58Th St, Los Angeles, CA 90062
View Photos

1516 W 58Th St Los Angeles, CA 90062

$425,000 Sold Price as of 04/08/2024
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$425,000 Sold Price as of 04/08/2024 Refinance Your Mortgage

Map preview of 1516 W 58Th St, Los Angeles, CA 90062

Property Overview: 1516 W 58Th St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 4,281 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Zoned for commercial, industrial, and residential! We are pleased to present a 100% vacant land development opportunity located at 1516 W 58th St. Los Angeles, CA 90062! Totaling +/-4,281sfof LACM zoned land with and Tier 1 TOC, there's potential for a developer to execute on either a market rate residential development, affordable housing development, or even a contractor needing a yard space for storage. As a 100% affordable ED1 development, there's potential for a 20-25 unit development with no parking requirements with an affordable stick on grade type construction. With its close proximity to the 110 Freeway and Downtown Los Angeles, the property is well positioned for a developer seeking a well-located property with high rental demands, or for a commercial/industrial user needing affordable land to operate their business on. Nearby developments include the installation of the Slauson bike path, which provides significant upgrades for transportation throughout the surrounding community. Buyer shall complete their own due diligence to determine the development potential. For more information please contact the listing broker.

Listed by Casey Lins | BRE #01902650 | Kidder Mathews of California, Inc.
Last checked: 4 minutes ago | Last updated: April 9th, 2024 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
4,281
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
24360695
City
Los Angeles
County
Los Angeles
Time on Site
57 days

Property Details for 1516 W 58Th St

Lot Details / Garage and Parking
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5003034004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps: 1516 W 58th St. Los Angeles, CA 90062
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 1516 W 58Th St

Last sold for $425,000 on April 8th, 2024
  • April, 2024

  • Apr 8, 2024

    Date

    Sold

    CRMLS: 24360695

    $425,000

    Price

  • Feb 21, 2024

    Date

    Active

    CRMLS: 24360695

    $475,000

    Price

  • June, 2023

  • Jun 7, 2023

    Date

    Expired

    CRMLS: 23250863

    $360,000

    Price

  • Mar 6, 2023

    Date

    Active

    CRMLS: 23250863

    $360,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2023

  • Mar 2, 2023

    Date

    Sold

    CRMLS: 23234947

    $220,000

    Price

  • Dec 7, 2022

    Date

    Active

    CRMLS: 23234947

    $325,000

    Price

  • Listing provided courtesy of CRMLS

    Open to all offers including seller financing.

  • March, 2023

  • Mar 2, 2023

    Date

    Sold

    CRMLS: 22218059

    $220,000

    Price

  • Nov 14, 2022

    Date

    Active

    CRMLS: 22218059

    $480,000

    Price

  • Listing provided courtesy of CRMLS

    Kingside Investment Group is proud to present 1516 W. 58th Street a 4,281 square feet (0.09 acre) parcel of vacant land in the Vermont Harbor neighborhood of South Los Angeles. The property is zoned LACM-1-CPIO with a tier 1 transit bonus. The property will benefit from residential & commercial development, truck storage or land banking. No matter the future plans, the properties' irreplaceable location 10-minutes from Downtown Los Angeles will make it a great buy-and-hold for years to come. SELLER IS OPEN TO ALL OFFERS!

  • December, 2007

  • Dec 5, 2007

    Date

    Sold (Public Records)

    Public Records

    $100,000

    Price

Show More

Tax History for 1516 W 58Th St

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $97,619 -- --

Home Value Compared to the Market

This property vs the competition

1516 W 58Th St sold on April 8, 2024 for 54.76% lower than the current median sold price for the city of Los Angeles which is $1,050,000.

About 1516 W 58Th St

Detailed summary of property

1516 W 58Th St is a land that recently sold in Los Angeles, CA 90062. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 4,281 square foot lot. 1516 W 58Th St was first listed on ArdentRealEstateGroup.com on February 21, 2024. The homeowner sold the property for $425,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 54.76% lower than the current median priced home. Local homes that are currently for sale include 8246 Mannix Drive, 431 W Cedar St and 1537 killarney. While the average home in Los Angeles, CA is selling in 97 days, 1516 W 58Th St has a days on market of 30 days. There are currently 3357 homes for sale in the Los Angeles real estate market and 2273 of them are single family homes while 993 of them are condos and 86 are townhomes. For more information on this home for sale at 1516 W 58Th St Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1516 W 58Th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
4,280
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
163
APN
5003-034-004

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$855,000
Median List Price/Sq.Ft.
$575
Median Sold Price
$810,000
Median Sold Price/Sq.Ft.
$589
Total Inventory
33
Median Sale to List Price %
98.18%
Avg Days on Market
59
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (0%), Other (33.33%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

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.