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1529 W Florence Ave, Los Angeles, CA 90047
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1529 W Florence Ave Los Angeles, CA 90047

$540,000 Sold Price as of 09/16/2020
  • -- Beds
  • -- Baths
  • 2,390 Sq.Ft.
Sold
$540,000 Sold Price as of 09/16/2020 Refinance Your Mortgage
Map preview of 1529 W Florence Ave, Los Angeles, CA 90047

Property Overview: 1529 W Florence Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 2,390 living square feet and 6,425 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic opportunity to own a commercial property located in Los Angeles "Retail Cannabis Green Zone". Two parcel included in the sale. 1529 W Florence Ave parcel #6015034022 and 1531 W Florence Ave parcel #6015034023. Front building can be used as office/business/ restaurant. Back property is a large Warehouse with high ceiling. Large double lot with plenty of on site parking. Zoning LAC2. Great location (HiGH TRAFFIC), central to new football stadium and USC. Buyer to verify the square footage.

Listed by Chris Trainotti | BRE #01268624 | On The Move Realty
Last checked: 44 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 46

Home details

Lot Sq. Ft
6,425
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Retail
Status
Sold
MLS#
PW20060621
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 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: --

Property Details for 1529 W Florence Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6015034022
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Florence and Normandie
View more facts & features

Local Los Angeles Agent

Sale History for 1529 W Florence Ave

Last sold for $540,000 on September 16th, 2020

  • September, 2020

  • Sep 17, 2020

    Date

    Sold

    CRMLS: PW20060621

    $540,000

    Price

  • Sep 15, 2020

    Date

    Pending

    CRMLS: PW20060621

    $572,500

    Price

  • Mar 20, 2020

    Date

    Active

    CRMLS: PW20060621

    $572,500

    Price

  • September, 2020

  • Sep 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • March, 2020

  • Mar 1, 2020

    Date

    Expired

    CRMLS: PW19254997

    $599,000

    Price

  • Nov 5, 2019

    Date

    Price Change

    CRMLS: PW19254997

    $599,000

    Price

  • Oct 31, 2019

    Date

    Active

    CRMLS: PW19254997

    $675,000

    Price

  • Listing provided courtesy of CRMLS

    Great commercial property located in the "Retail Cannabis Green Zone" of LA. Two parcels included in the sale. 1529 W Florence Ave parcel #6015034022 and 1531 W Florence Ave parcel #6015034023. Front building can be used as office/business/restaurant. Back property is a large Warehouse with high ceiling. Good size lot with plenty of parking. Zoning LAC2. Fantastic location, with high traffic and close to brand new stadium and USC. Buyer to verify the square footage.

  • February, 2018

  • Feb 1, 2018

    Date

    Sold

    CRMLS: RS17183209

    $539,700

    Price

  • Jan 16, 2018

    Date

    Active Under Contract

    CRMLS: RS17183209

    $597,000

    Price

  • Jan 12, 2018

    Date

    Pending

    CRMLS: RS17183209

    $597,000

    Price

  • Nov 16, 2017

    Date

    Price Change

    CRMLS: RS17183209

    $597,000

    Price

  • Aug 26, 2017

    Date

    Active

    CRMLS: RS17183209

    $629,000

    Price

  • Aug 26, 2017

    Date

    Price Change

    CRMLS: RS17183209

    $629,000

    Price

  • Aug 13, 2017

    Date

    Hold

    CRMLS: RS17183209

    $589,000

    Price

  • Aug 9, 2017

    Date

    Active

    CRMLS: RS17183209

    $589,000

    Price

  • Listing provided courtesy of CRMLS

    PRICE REDUCTION. Commercial property on Florence Ave. high traffic. Two parcels included in the sale: 1529 W Florence parcel #6015034022 and 1531 W Florence parcel #6015034023 Business and restaurant equipment not included on the sale. Buyer verify the sq ft footage. Zoning LAC2. Great location.

  • January, 2018

  • Jan 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $549,000

    Price

Show More

Tax History for 1529 W Florence Ave

Assessed Value (2020): $260,100
Year Land Value Improved Value Assessed Value
2020 $156,060 $104,040 $260,100

Home Value Compared to the Market

This property vs the competition

1529 W Florence Ave sold on September 16, 2020 for 51.89% 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 $239.54 per/sqft which puts the price per square foot 68.27% lower than the current median sale per square foot for the city of Los Angeles.

About 1529 W Florence Ave

Detailed summary of property

1529 W Florence Ave is a retail that recently sold in Los Angeles, CA 90047. This retail property offered -- bedrooms, -- bathrooms, roughly 2,390 living square feet, and sits on an approximately 6,425 square foot lot. 1529 W Florence Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $540,000. 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 51.89% lower than the current median priced home. Local homes that are currently for sale include 1655-1661 W Base Line St, 370 N D Street and 362 N D St. While the average home in Los Angeles, CA is selling in 92 days, 1529 W Florence Ave has a days on market of 46 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1529 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 1529 W Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
1,210
Lot Size
3,212
Stories
1
Type
Office Bldg (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
287
APN
6015-034-022

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.
$562
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
83
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%)

Thinking of Selling?

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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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