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1820 Prosser Ave, Los Angeles, CA 90025
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1820 Prosser Ave Los Angeles, CA 90025

$2,500,000 Sold Price as of 10/15/2020
  • 0 Beds
  • 0 Baths
  • -- Sq.Ft.
Sold
$2,500,000 Sold Price as of 10/15/2020 Refinance Your Mortgage
Map preview of 1820 Prosser Ave, Los Angeles, CA 90025

Property Overview: 1820 Prosser Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 7,051 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 1820 Prosser Avenue is a rare multifamily / condominium development opportunity in the ever popular Los Angeles submarket near Century City. 1820 Prosser Ave is currently comprised of a 2,275 sq. ft. vacant home on a 7,051 square foot R3 zoned lot allowing for the development of 8 residential units by right (Buyer to verify). The parcel dimensions are 47 feet of Prosser Ave frontage with a depth of 150 feet (47x150). 1820 Prosser Ave is also within 2 miles of Westwood Village and the UCLA campus..1820 Prosser Ave is an extremely rare single family home on a residential zoned lot. Adding to the uniqueness of the site is that a developer DOES NOT need to Ellis the property, as there are no existing rent controlled units. Per the city of LA, an owner is entitled to build up to 8 units by right on this parcel and also may be eligible for a density bonus (Buyer to verify).

Listed by Jonathan Taksa | BRE #01366169 | Remax Commercial and Investment Realty
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 18

Home details

Lot Sq. Ft
7,051
HOA Dues
$0/mo
Year built
1936
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20619506
City
Los Angeles
County
Los Angeles
Time on Site
1267 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 0
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1820 Prosser Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 8
  • Parcel Number: 4317004006
Location / Neighborhood
Location Information
  • Directions: Just South of Santa Monica Blvd. Prime Century Adj. Property.
View more facts & features

Local Los Angeles Agent

Sale History for 1820 Prosser Ave

Last sold for $2,500,000 on October 15th, 2020

  • October, 2020

  • Oct 15, 2020

    Date

    Sold

    CRMLS: 20619526

    $2,500,000

    Price

  • Oct 3, 2020

    Date

    Pending

    CRMLS: 20619526

    $2,195,000

    Price

  • Aug 17, 2020

    Date

    Active

    CRMLS: 20619526

    $2,195,000

    Price

  • Listing provided courtesy of CRMLS

    SOLD FOR LAND VALUE...PRIME APARTMENT / CONDOMINIUM DEVELOPMENT OPPORTUNITY. VACANT HOME ON R3 ZONED LOT.

  • October, 2020

  • Oct 15, 2020

    Date

    Sold

    CRMLS: 20619520

    $2,500,000

    Price

  • Sep 19, 2020

    Date

    Pending

    CRMLS: 20619520

    $2,195,000

    Price

  • Aug 17, 2020

    Date

    Active

    CRMLS: 20619520

    $2,195,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2020

  • Oct 15, 2020

    Date

    Sold

    CRMLS: 20619506

    $2,500,000

    Price

  • Sep 5, 2020

    Date

    Pending

    CRMLS: 20619506

    $2,195,000

    Price

  • Aug 17, 2020

    Date

    Active

    CRMLS: 20619506

    $2,195,000

    Price

  • October, 2020

  • Oct 15, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,500,000

    Price

Show More

Tax History for 1820 Prosser Ave

Assessed Value (2020): $137,594
Year Land Value Improved Value Assessed Value
2020 $112,511 $25,083 $137,594

Home Value Compared to the Market

This property vs the competition

1820 Prosser Ave sold on October 15, 2020 for 72.29% higher than the current median sold price for the city of Los Angeles which is $1,274,000.

About 1820 Prosser Ave

Detailed summary of property

1820 Prosser Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 7,051 square foot lot. 1820 Prosser Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,500,000. 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 72.29% higher than the current median priced home. Local homes that are currently for sale include 1508 S Durango Ave, 9117 National Blvd and 1526 S Wooster St. While the average home in Los Angeles, CA is selling in 100 days, 1820 Prosser Ave has a days on market of 18 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 1820 Prosser Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1820 Prosser Ave

Public county record property details
Beds
4
Baths
2
Year built
1936
Sq. Ft.
2,275
Lot Size
7,051
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
4317-004-006

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,248,000
Median List Price/Sq.Ft.
$737
Median Sold Price
$995,000
Median Sold Price/Sq.Ft.
$743
Total Inventory
108
Median Sale to List Price %
99.6%
Avg Days on Market
31
Loan Type
Conventional (10.34%), FHA (0%), VA (0%), Cash (13.79%), Other (13.79%)

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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