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1600 4Th Ave, Los Angeles, CA 90019
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1600 4Th Ave Los Angeles, CA 90019

$1,800,000 Sold Price as of 04/27/2022
  • -- Beds
  • -- Baths
  • 2,450 Sq.Ft.
Sold
$1,800,000 Sold Price as of 04/27/2022 Refinance Your Mortgage
Map preview of 1600 4Th Ave, Los Angeles, CA 90019

Property Overview: 1600 4Th Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 2,450 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: AMAZING OPPORTUNITY for DEVELOPMENT - LA CANNABIS ZONED OUT RETAIL SPACE, MIXED-USE, GAS STATION, APARTMENTS, Etc. - Phase I and Phase II Complete. Rare opportunity to own a C2 Commercial Corner Lot on a major Mid City L.A. Corridor. The lot measures 7,000 sqft and is completely flat. The corner lot can be entered from both Venice and 4th Av with a plethora of marketing opportunities. Current usage includes a Smog Test Center and a Transmission Center combined include 4-work bays. The high cinder block structure was built in the late 90's and is about 2,450 sqft. Currently, there is a SMOG test center and a transmission shop leasing the property. The additional lot portion is used for parking about 20 vehicles. Tenants are month-to-month. Please DO NOT approach tenants or walk the property unaccompanied by LA1. Drive by only. Sold As-Is Buyer is responsible for their due diligence. Being sold for land value.

Listed by April Bella | BRE #02016884 | Keller Williams Larchmont
Last checked: 7 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 575

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1990
Garage
--
Property Type:
Other
Status
Sold
MLS#
20627104
City
Los Angeles
County
Los Angeles
Time on Site
346 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 1600 4Th Ave

Interior Features
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 20
Lot Information
  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5072028024
Location / Neighborhood
Location Information
  • Directions: On the corner of 4th Ave (1600) and Venice Blvd (3318)
View more facts & features

Local Los Angeles Agent

Sale History for 1600 4Th Ave

Last sold for $1,800,000 on April 27th, 2022

  • April, 2022

  • Apr 27, 2022

    Date

    Sold

    CRMLS: 20627104

    $1,800,000

    Price

  • Sep 20, 2020

    Date

    Active

    CRMLS: 20627104

    $1,900,000

    Price

  • September, 2020

  • Sep 21, 2020

    Date

    Canceled

    CRMLS: 20627112

    $1,900,000

    Price

  • Sep 18, 2020

    Date

    Hold

    CRMLS: 20627112

    $1,900,000

    Price

  • Sep 2, 2020

    Date

    Active

    CRMLS: 20627112

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    AMAZING OPPORTUNITY for DEVELOPMENT - LA CANNABIS ZONED OUT RETAIL SPACE, MIXED-USE, GAS STATION, APARTMENTS, Etc. - Phase I and Phase II Complete. Rare opportunity to own a C2 Commercial Corner Lot on a major Mid City L.A. Corridor. The lot measures 7,000 sqft and is completely flat. The corner lot can be entered from both Venice and 4th Av with a plethora of marketing opportunities. Current usage includes a Smog Test Center and a Transmission Center combined include 4-work bays. The high cinder block structure was built in the late 90's and is about 2,450 sqft. Currently, there is a SMOG test center and a transmission shop leasing the property. The additional lot portion is used for parking about 20 vehicles. Tenants are month-to-month. Please DO NOT approach tenants or enter the property unaccompanied by LA1. Drive by only. Sold As-Is Buyer is responsible for their due diligence. Being sold for land value.

  • September, 2020

  • Sep 18, 2020

    Date

    Active

    CRMLS: 20634918

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    AMAZING OPPORTUNITY for DEVELOPMENT - LA CANNABIS ZONED OUT RETAIL SPACE, MIXED-USE, GAS STATION, APARTMENTS, Etc. - Phase I and Phase II Complete. Rare opportunity to own a C2 Commercial Corner Lot on a major Mid City L.A. Corridor. The lot measures 7,000 sqft and is completely flat. The corner lot can be entered from both Venice and 4th Av with a plethora of marketing opportunities. Current usage includes a Smog Test Center and a Transmission Center combined include 4-work bays. The high cinder block structure was built in the late 90's and is about 2,450 sqft. Currently, there is a SMOG test center and a transmission shop leasing the property. The additional lot portion is used for parking about 20 vehicles. Tenants are month-to-month. Please DO NOT approach tenants or enter the property unaccompanied by LA1. Drive by only. Sold As-Is. Broker nor Seller responsible - Buyer is responsible for their own due diligence. Being sold for land value.

  • August, 2020

  • Aug 11, 2020

    Date

    Expired

    CRMLS: 20556134

    $1,900,000

    Price

  • Feb 20, 2020

    Date

    Price Change

    CRMLS: 20556134

    $1,900,000

    Price

  • Feb 20, 2020

    Date

    Active

    CRMLS: 20556134

    $1,900

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPMENT OPPORTUNITY - ZONES OUT FOR LA CANNABIS RETAIL SPACE, APARTMENTS, MIXED-USE. ETC - PHASE 1 & 2 COMPLETED . Terrific opportunity to own a C2 COMMERCIAL CORNER LOT on a major corridor through Mid-City Los Angeles. The lot is completely flat & measures 7000 SqFt. Located on the corner of Venice Blvd and 4th Ave providing multiple access and egress points, plus an abundance of visibility for marketing opportunities to future businesses. LA Traffic Data reported 14,000 - 22,000 passes per day. The current use of the property includes a SMOG test center and a transmission shop totaling 4 work bays on the East side of the lot. The structure is a tall cinder block building with with roughly 2,450 sq ft, build back in the early 90's. The remainder of the lot is used as parking space. Both workshops are currently occupied by tenants on a month to month basis. PLEASE DO NO APPROACH TENANTS. Being sold for land value, As-Is. Buyers are responsible for doing their own due diligence.

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Tax History for 1600 4Th Ave

Assessed Value (2020): $41,414
Year Land Value Improved Value Assessed Value
2020 $33,151 $8,263 $41,414

Home Value Compared to the Market

This property vs the competition

1600 4Th Ave sold on April 27, 2022 for 51.26% higher 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 $734.69 per/sqft which puts the price per square foot 2.69% lower than the current median sale per square foot for the city of Los Angeles.

About 1600 4Th Ave

Detailed summary of property

1600 4Th Ave is a other that recently sold in Los Angeles, CA 90019. This property offered -- bedrooms, -- bathrooms, roughly 2,450 living square feet, and sits on an approximately 7,000 square foot lot. 1600 4Th Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,800,000. 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 51.26% higher than the current median priced home. Local homes that are currently for sale include 5106 Crenshaw Blvd, 2502 W 3rd St #101 and 2600 W 54th St. While the average home in Los Angeles, CA is selling in 94 days, 1600 4Th Ave has a days on market of 575 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1600 4Th Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1600 4Th Ave

Public county record property details
Beds
--
Baths
--
Year built
1990
Sq. Ft.
2,450
Lot Size
7,000
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5072-028-024

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 1600 4Th Ave

1405 2nd Ave, Los Angeles, CA 90019
$1,500,000 Last Sold Price
-- Beds
-- Baths
-- Sq.Ft.
1405 2nd Ave
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2030 4Th Ave, Los Angeles, CA 90018
$1,350,000 Last Sold Price
-- Beds
-- Baths
4665 Sq.Ft.
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4109 W Pico Blvd, Los Angeles, CA 90019
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-- Beds
-- Baths
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2150 Venice, Los Angeles, CA 90006
$2,300,000 Last Sold Price
-- Beds
-- Baths
-- Sq.Ft.
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Related Resources to 1600 4Th Ave

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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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