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1655 W Florence Ave, Los Angeles, CA 90047
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1655 W Florence Ave Los Angeles, CA 90047

$675,000
  • -- Beds
  • -- Baths
  • 1,574 Sq.Ft.
For Sale
$675,000 Get Pre-Qualified
Map preview of 1655 W Florence Ave, Los Angeles, CA 90047

Property Overview: 1655 W Florence Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,574 living square feet and 2,676 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Commercial Mixed Use property that can be used for development into apartments under city's TOC Tier 3 development standards. The property is zoned LAC2- City of Los Angeles which allows for both commercial and R4 multi-family development. Build up to 22-23 units on the property. Property is sold for its land value only. Priced at only $126.10 s.f. Excellent site for multi-family residential development on major street in the City of Los Angeles and access to bus lines for transportation.

Listed by Wayne Brown | BRE #00914550 | F C E Realty
Last checked: 10 minutes ago | Last updated: March 16th, 2024 | Source CRMLS | DOM: 32
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Home details

Lot Sq. Ft
2,676
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
PW24053090
City
Los Angeles
County
Los Angeles
Time on Site
43 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Leased Units: 3
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: --

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Property Details for 1655 W Florence Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Rectangular Lot, Paved, Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6015035011
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Take 110 Fwy North or South and exit at Florence and head west on Florence until you reach property
View more facts & features

Local Los Angeles Agent

Sale History for 1655 W Florence Ave

View property's historical transactions

  • March, 2024

  • Mar 15, 2024

    Date

    Active

    CRMLS: PW24053090

    $675,000

    Price

Tax History for 1655 W Florence Ave

Assessed Value (2020): $151,875
Year Land Value Improved Value Assessed Value
2020 $113,912 $37,963 $151,875

Home Value Compared to the Market

This property vs the competition

1655 W Florence Ave is listed 45.96% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $428.84 per/sqft which puts the price per square foot 44.45% lower than the median price per square foot for the city of Los Angeles.

About 1655 W Florence Ave

Detailed summary of property

1655 W Florence Ave is a mixed use located in Los Angeles, CA 90047 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 1,574 living square feet, and sits on an approximately 2,676 square foot lot. 1655 W Florence Ave was first listed on ArdentRealEstateGroup.com on March 16, 2024. The homeowner is currently asking $675,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 45.96% lower than the median priced home. Local competing homes currently for sale include 11111 Wilmington Ave, 5805 Venice Blvd and 3201 E Pico Blvd. While the average home in Los Angeles, CA is selling in 97 days, 1655 W Florence Ave has a days on market of 32 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1655 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 1655 W Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
1930
Sq. Ft.
1,574
Lot Size
2,675
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
6015-035-011

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
$758,000
Median List Price/Sq.Ft.
$540
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$541
Total Inventory
84
Median Sale to List Price %
104.86%
Avg Days on Market
45
Loan Type
Conventional (52.38%), FHA (4.76%), VA (0%), Cash (14.29%), Other (19.05%)

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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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