1518 W Florence Ave, Los Angeles, CA 90047
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1518 W Florence Ave Los Angeles, CA 90047

$417,500 Sold Price as of 11/23/2022
  • 2 Beds
  • 1 Baths
  • 2,565 Sq.Ft.
Sold
$417,500 Sold Price as of 11/23/2022 Refinance Your Mortgage

Map preview of 1518 W Florence Ave, Los Angeles, CA 90047

Property Overview: 1518 W Florence Ave Los Angeles, CA has 2 bedrooms, 1 bathrooms, 2,565 living square feet and 2,951 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Rents are as follows; Unit 1 Joes Plumbing $1000 Per Mo...Unit 2 Church $650 Per Mo. 1516 and 1518 W Florence must be sold together for $895,000. They will not be sold indivisually

Listed by Ehren Jacobs | BRE #00898028 | Bang Realty -California Inc
Last checked: 6 minutes ago | Last updated: November 23rd, 2022 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
2,951
HOA Dues
$0/mo
Year built
1942
Garage
1 Car
Property Type:
Mixed Use
Status
Sold
MLS#
SB22188553
City
Los Angeles
County
Los Angeles
Time on Site
618 days

Property Details for 1518 W Florence Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Electric
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 0
  • Downstairs Bathrooms: 0
  • Office
Bathroom Information
  • # of Baths (Full): 1
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
  • No
  • Parking Features: Street
  • Has Attached Garage
Lot Information
  • Lot Features: Level, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6018006004
  • Year Built Source: Estimated
  • Property is Attached
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: 110 Fry North - Go West on Florence to 1518 W Florence LA CA
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Gutters, Sidewalks, Urban
View more facts & features

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Sale History for 1518 W Florence Ave

Last sold for $417,500 on November 23rd, 2022
  • November, 2022

  • Nov 23, 2022

    Date

    Sold

    CRMLS: SB22188553

    $417,500

    Price

  • Aug 26, 2022

    Date

    Active

    CRMLS: SB22188553

    $447,500

    Price

  • December, 2016

  • Dec 1, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1518 W Florence Ave

Assessed Value (2020): $302,082
Year Land Value Improved Value Assessed Value
2020 $148,498 $153,584 $302,082

Home Value Compared to the Market

This property vs the competition

1518 W Florence Ave sold on November 23, 2022 for 62.39% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $174.46 per/sqft which puts the price per square foot 76.89% lower than the current median sale per square foot for the city of Los Angeles.

About 1518 W Florence Ave

Detailed summary of property

1518 W Florence Ave is a mixed use that recently sold in Los Angeles, CA 90047. This mixed use property offered 2 bedrooms, 1 bathrooms, roughly 2,565 living square feet, and sits on an approximately 2,951 square foot lot. 1518 W Florence Ave was first listed on ArdentRealEstateGroup.com on September 2, 2022. The homeowner sold the property for $417,500. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 62.39% lower than the current median priced home. Local homes that are currently for sale include 2029 Via Mariposa East #D, 286 Avenida Carmel #C and 2065 Via Mariposa #D. While the average home in Los Angeles, CA is selling in 93 days, 1518 W Florence Ave has a days on market of 26 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1518 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 1518 W Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
1942
Sq. Ft.
2,565
Lot Size
2,951
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
6018-006-004

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
$765,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
85
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), Other (0%)

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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.