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1525 Pizarro St, Los Angeles, CA 90026
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1525 Pizarro St Los Angeles, CA 90026

$400,000 Sold Price as of 09/30/2019
  • -- Beds
  • -- Baths
  • 11,369 Sq.Ft.
Sold
$400,000 Sold Price as of 09/30/2019 Refinance Your Mortgage
Map preview of 1525 Pizarro St, Los Angeles, CA 90026

Property Overview: 1525 Pizarro St Los Angeles, CA has -- bedrooms, -- bathrooms, 11,369 living square feet and 18,437 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment opportunity to purchase multiple parcels in the City of Los Angeles, Echo Park Market. CAP Rate 7% Zoned LAC2-1 Uses include a variety of commercial and multifamily residential. Previous uses at this site include Spa, medical office, store and church. Property consists of 3 parcels with additional addresses of 1517 and 1519 Pizarro Street. Building currently only utilizing the 1525 Pizarro Street Renovations done in 2011 Located within the Los Angeles Enterprise Zone. Large parking lot offering 28 parking spaces Great City Views from roof top with Jacuzzi Roof top also offers opportunity for juice Bar/Bar Lounge with food service Kitchen/deck furniture are available; bar/ lounge is not currently in operation Buildings are primarily owner-occupied, dba Pho Siam Thai Spa (Health/Day Spa) A portion of the premises is set up a nail salon Don't miss out on this opportunity!Can be delivered vacant to an owner-user or developer.

Listed by Judy Rogers | BRE #01858187 | Pinnacle Estate Properties
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 44

Home details

Lot Sq. Ft
18,437
HOA Dues
$0/mo
Year built
1965
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SR19095640
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 3
  • # of Leased Units: 2
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1525 Pizarro St

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Individual Room
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Near Public Transit
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5159021027
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 101 Glendale
View more facts & features

Local Los Angeles Agent

Sale History for 1525 Pizarro St

Last sold for $4,000,000 on October 4th, 2019

  • October, 2019

  • Oct 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $4,000,000

    Price

  • October, 2019

  • Oct 1, 2019

    Date

    Sold

    CRMLS: SR19095640

    $400,000

    Price

  • Apr 26, 2019

    Date

    Active

    CRMLS: SR19095640

    $4,300,000

    Price

  • March, 2019

  • Mar 31, 2019

    Date

    Expired

    CRMLS: SR18065880

    $4,750,000

    Price

  • Oct 25, 2018

    Date

    Price Change

    CRMLS: SR18065880

    $4,750,000

    Price

  • Mar 22, 2018

    Date

    Active

    CRMLS: SR18065880

    $5,100,000

    Price

  • Listing provided courtesy of CRMLS

    Investmanet opportunity to purchase multiple parcels in the City of Los Angeles, Echo Park Market. Zoned LAC2-1 (Commercial B Class) Property consists of 3 parcels with additional addresses of 1517 and 1519 Pizarro Street. Building currently only utilizing the 1525 Pizarro Street Renovations done in 2011 Located within the Los Angeles Enterprise Zone Large parking lot offering 28 parking spaces Great City Views from roof top with Jacuzzi Roof top also offers opportunity for juice Bar/Bar Lounge with food service Kitchen/deck furniture are available; bar/ lounge is not currently in operation Buildings are primarily owner-occupied, dba Pho Siam Thai SpaA portion of the premises is set up to be leased as a nail salon Don't miss out on this opportunity! Purchase as an investment with leases in place or building can be delivered vacant to an owner-user or developer. Use for a variety of commercial and/or multifamily residential. Located within the Los Angeles Enterprise Zone. Potental for State Incentives Previous uses at this site include medical office, store and church. Includes 3 APN 5159-021-027, 5159-021-028 & 5159-021-029 Proforma CAP 6% Rate

  • November, 2018

  • Nov 1, 2018

    Date

    Expired

    CRMLS: SR17253687

    $5,100,000

    Price

  • Nov 8, 2017

    Date

    Active

    CRMLS: SR17253687

    $5,100,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to purchase multiple parcels in the City of Los Angeles, Echo Park Market. Zoned LAC2-1 (Commercial B Class) Property consists of 3 parcels with additional addresses of 1517 and 1519 Pizarro Street. Building currently only utilizing the 1525 Pizarro Street Renovations done in 2011 Located within the Los Angeles Enterprise Zone Large parking lot offering 28 parking spaces Great City Views from roof top with Jacuzzi Roof top also offers opportunity for juice Bar/Bar Lounge with food service Kitchen/deck furniture are available; bar/ lounge is not currently in operation Buildings are primarily owner-occupied, dba Pho Siam Thai SpaA portion of the premises is set up to be leased as a nail salon Don't miss out on this opportunity! Purchase as an investment with leases in place or building can be delivered vacant to an owner-user or developer. Use for a variety of commercial and/or multifamily residential. Located within the Los Angeles Enterprise Zone. Potental for State Incentives Previous uses at this site include medical office, store and church. Includes 3 APN 5159-021-027, 5159-021-028 & 5159-021-029

  • March, 2018

  • Mar 22, 2018

    Date

    Canceled

    CRMLS: SR18002266

    $5,100,000

    Price

  • Jan 4, 2018

    Date

    Active

    CRMLS: SR18002266

    $5,100,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to purchase multiple parcels in the City of Los Angeles, Echo Park Market. Zoned LAC2-1 (Commercial B Class) Uses include a variety of commercial and multifamily residential. Previous uses at this site include medical office, store and church. Property consists of 3 parcels with additional addresses of 1517 and 1519 Pizarro Street. Building currently only utilizing the 1525 Pizarro Street Renovations done in 2011, Located within the Los Angeles Enterprise Zone. Potental for State Incentives, Large parking lot offering 28 parking spaces , Great City Views from roof top with Jacuzzi, Roof top also offers opportunity for juice Bar/Bar Lounge with food service Kitchen/deck furniture are available; bar/ lounge is not currently in operation , Buildings are primarily owner-occupied, dba Pho Siam Thai Spa (Health/Day Spa), A portion of the premises is set up to be leased as a nail salon Don't miss out on this opportunity! Purchased as an investment with leases in place OR building can be delivered vacant to an owner-user or developer. Also, available for lease

  • January, 2018

  • Jan 1, 2018

    Date

    Expired

    CRMLS: SR17200369

    $5,600,000

    Price

  • Oct 31, 2017

    Date

    Withdrawn

    CRMLS: SR17200369

    $5,600,000

    Price

  • Aug 29, 2017

    Date

    Active

    CRMLS: SR17200369

    $5,600,000

    Price

  • Listing provided courtesy of CRMLS

    Property consists of multiple parcels and is zoned C2-1 (Commercial) allowing for a variety of commercial and multifamily residential developments. Subject site is within the Los Angeles Enterprise Zone and potentially offers tax credits. Property is primarily owner-occupied, dba Pho Siam Thai Spa (Health/Day Spa). A portion of the premises is to be leased as a nail salon. Additionally, there is a juice Bar with food service permitted on the roof top deck/lounge. Kitchen/deck furniture are available; bar/ lounge is not currently operation. Property can be purchased as an investment with leases in place OR building can be delivered vacant to an owner-user or developer. Previous uses at this site include medical office, store and church.

  • July, 2004

  • Jul 8, 2004

    Date

    Sold (Public Records)

    Public Records

    $690,000

    Price

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Tax History for 1525 Pizarro St

Assessed Value (2020): $1,900,000
Year Land Value Improved Value Assessed Value
2020 $1,100,000 $800,000 $1,900,000

Home Value Compared to the Market

This property vs the competition

1525 Pizarro St sold on September 30, 2019 for 237.52% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $378.22 per/sqft which puts the price per square foot 52.18% lower than the current median sale per square foot for the city of Los Angeles.

About 1525 Pizarro St

Detailed summary of property

1525 Pizarro St is a mixed use that recently sold in Los Angeles, CA 90026. This mixed use property offered -- bedrooms, -- bathrooms, roughly 11,369 living square feet, and sits on an approximately 18,437 square foot lot. 1525 Pizarro St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $400,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 237.52% higher than the current median priced home. While the average home in Los Angeles, CA is selling in 100 days, 1525 Pizarro St has a days on market of 44 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1525 Pizarro St Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1525 Pizarro St

Public county record property details
Beds
--
Baths
--
Year built
1965
Sq. Ft.
7,028
Lot Size
7,214
Stories
1
Type
Gym, Health Spa
Pool
No
Spa
No
County
Los Angeles
Lot#
3,24-25
APN
5159-021-027

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$832
Median Sold Price
$1,796,500
Median Sold Price/Sq.Ft.
$802
Total Inventory
69
Median Sale to List Price %
112.99%
Avg Days on Market
18
Loan Type
Conventional (17.65%), FHA (0%), VA (0%), Cash (11.76%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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