1801 S Flower St Los Angeles, CA 90015

$2,000,020 Sold Price as of 10/31/2013

-- Beds
-- Baths
18,072 Sq.Ft.

Off Market

$2,000,020 Sold Price as of 10/31/2013 Refinance Your Mortgage

Map preview of 1801 S Flower St, Los Angeles, CA 90015

Property Overview: 1801 S Flower St Los Angeles, CA has -- bedrooms, -- bathrooms, 18,072 living square feet and 7,151 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1801 S Flower St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1801 S Flower St

Last sold for $2,000,020 on October 31st, 2013

October, 2018
Oct 13, 2018

Date

Expired

CRMLS: 18322364

$7,500,000

Price
Jun 7, 2018

Date

Withdrawn

CRMLS: 18322364

$7,500,000

Price
Mar 13, 2018

Date

Active

CRMLS: 18322364

$7,500,000

Price
Listing provided courtesy of CRMLS

We are pleased to offer for sale this thirty (30) unit multifamily investment opportunity located in the City of Los Angeles. This seismically reinforced three-story brick building was built on a raised foundation in 1913, with a square footage of 24,096 on a 7,151-square foot lot. The subject property represents a very desirable asset in the Downtown Los Angeles sub-market. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of twenty-one (21) studio units, nine (9) one-bedroom + one-bathroom units, and a 6,000 SF Basement (possible to lease for additional income).The subject property has twelve (12) vacant units, and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, secured gated entry, an on-site laundry room for additional income, and individually metered for gas and electricity.

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December, 2017
Dec 18, 2017

Date

Expired

CRMLS: SR16764319

$6,500,000

Price
Apr 4, 2017

Date

Withdrawn

CRMLS: SR16764319

$6,500,000

Price
Mar 10, 2017

Date

Price Change

CRMLS: SR16764319

$6,500,000

Price
Feb 28, 2017

Date

Active

CRMLS: SR16764319

$8,500,000

Price
Feb 28, 2017

Date

Price Change

CRMLS: SR16764319

$8,500,000

Price
Feb 28, 2017

Date

Withdrawn

CRMLS: SR16764319

$6,750,000

Price
Feb 6, 2017

Date

Active

CRMLS: SR16764319

$6,750,000

Price
Feb 6, 2017

Date

Price Change

CRMLS: SR16764319

$6,750,000

Price
Dec 21, 2016

Date

Withdrawn

CRMLS: SR16764319

$8,500,000

Price
Dec 16, 2016

Date

Active

CRMLS: SR16764319

$8,500,000

Price
Listing provided courtesy of CRMLS

Rare Opportunity to Acquire a Multi-Family Building in Downtown Los Angeles. Stable Income from Existing( 36 PER ASSESOR)which 30 of units are occupied Units with Potential Value added Component. Good Unit Mix: (18) 1-Bedrooms & (13)Studios with 6,000 SF Basement (possible to lease for additional income). Corner Location with Great Freeway Visibility. Part of Figueroa Corridor BID. Adjacent to Santa Monica (10) Freeway and the Bob Hope Patriotic Hall. Great Access to (110) & (10) Freeways and the Metro Rail Blue-Line. The basement of the property have few closed unit which will need to be clean up and become Rentable to add more income to the property. The earth quick support has been done on property. S of Flower St and 18th Two of the unit had been remodeled and been re rented in higher rent, now one of the studio and one bedroom are vacant and the owner is ready to rent them back to new request.

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October, 2013
Oct 31, 2013

Date

Sold (Public Records)

Public Records

$2,000,020

Price
August, 2003
Aug 15, 2003

Date

Sold (Public Records)

Public Records

$950,000

Price

Tax History for 1801 S Flower St

Assessed Value (2020): $2,248,039

Year	Land Value	Improved Value	Assessed Value
2020	$560,446	$1,687,593	$2,248,039

About 1801 S Flower St

Detailed summary of property

1801 S Flower St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90015 and last sold on October 31, 2013 for $2,000,020. This property has -- bedrooms, -- bathrooms, roughly 18,072 living square feet, and sits on an approximately 7,151 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 78.57% higher than the current median priced home. 1801 S Flower St was last sold on October 31, 2013 for $2,000,020. Local nearby listings include 1155 S Grand Ave #609, 1155 S Grand Ave #812 and 1100 S Hope St #1612. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 1801 S Flower St Los Angeles, CA 90015 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1801 S Flower St

Public county record property details

Beds: --
Baths: --
Year built: 1913
Sq. Ft.: 18,072
Lot Size: 7,151
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 16
APN: 5126-009-006

The source for these homes facts are from public records.

90015 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$749,000

Median List Price/Sq.Ft.

$704

Median Sold Price

$460,000

Median Sold Price/Sq.Ft.

$519

Total Inventory

Median Sale to List Price %

102.22%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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(714) 706-1823

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