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1944 Riverside Dr, Los Angeles, CA 90039
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1944 Riverside Dr Los Angeles, CA 90039

$4,000,000 Sold Price as of 09/01/2021
  • -- Beds
  • -- Baths
  • 9,100 Sq.Ft.
Sold
$4,000,000 Sold Price as of 09/01/2021 Refinance Your Mortgage
Map preview of 1944 Riverside Dr, Los Angeles, CA 90039

Property Overview: 1944 Riverside Dr Los Angeles, CA has -- bedrooms, -- bathrooms, 9,100 living square feet and 11,205 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing Elysian Valley Opportunity! Classic Hollywood theater built in 1927 during the historic silent movie era. Now a playhouse/auditorium with room for expansion. Conveniently nestled in between Glendale, downtown Los Angeles, Dodger Stadium, Silverlake, East Hollywood, Glassell Park, Atwater Village, and Elysian Heights. Centrally located at the intersection of three major freeways (2, 5, 110) and arteries of commerce. Large second floor office suites with three separate entrances, allowing for convenient partition. Three retail/multi-use bays opening up to major Los Angeles thoroughfare, Riverside Drive. Additional retail/multi-use space on the left side of the property formerly used as a cafe and office. Large multi-use industrial space convenient for a workshop or expansion of auditorium/retail space on ground floor. Ripe for owner occupation with supplementary rental income or as a diverse investment property. Truly a unique gem of vintage LA in a developing neighborhood directly on the way to Chavez Ravine. Ownership interest in next door parking lot and former hardware store to the right to be sold in conjunction. Property sold "As Is" in probate. Buyer to verify sqf. Listing agent is related to seller. Refer to MLS listing #CV20209104 for 1960 Riverside Drive for additional information. Walkthrough Video: https://youtu.be/L80QGdrWqtI Appraisals: https://drive.google.com/drive/folders/1r3J4bHh9fuQ5YbHsANR-l3VFu9_Rg3IR?usp=sharing

Listed by KENNETH FULLER | BRE #01908501 | KEN FULLER, BROKER
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 268

Home details

Lot Sq. Ft
11,205
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
CV20174763
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
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: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1944 Riverside Dr

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Interior Features
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Roof: Mixed
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Lot 10000-19999 Sqft, Rectangular Lot
  • Lot Size Source: Appraiser
  • Common Interest: None
Property Information
  • Parcel Number: 5443036003
  • Year Built Source: Appraiser
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Northbound on I-5, exit Stadium Way; Southbound on I-5 exit Fletcher Drive; Southbound on CA-2, exit I-5 South to Riverside Drive
View more facts & features

Local Los Angeles Agent

Sale History for 1944 Riverside Dr

Last sold for $4,000,000 on September 1st, 2021

  • September, 2021

  • Sep 2, 2021

    Date

    Sold

    CRMLS: CV20174763

    $4,000,000

    Price

  • Jul 3, 2021

    Date

    Pending

    CRMLS: CV20174763

    $3,999,995

    Price

  • Jan 26, 2021

    Date

    Price Change

    CRMLS: CV20174763

    $3,999,995

    Price

  • Oct 6, 2020

    Date

    Active

    CRMLS: CV20174763

    $4,500,000

    Price

  • August, 2019

  • Aug 26, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1944 Riverside Dr

Assessed Value (2020): $165,337
Year Land Value Improved Value Assessed Value
2020 $47,046 $118,291 $165,337

Home Value Compared to the Market

This property vs the competition

1944 Riverside Dr sold on September 1, 2021 for 236.13% 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 $439.56 per/sqft which puts the price per square foot 41.78% lower than the current median sale per square foot for the city of Los Angeles.

About 1944 Riverside Dr

Detailed summary of property

1944 Riverside Dr is a mixed use that recently sold in Los Angeles, CA 90039. This mixed use property offered -- bedrooms, -- bathrooms, roughly 9,100 living square feet, and sits on an approximately 11,205 square foot lot. 1944 Riverside Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $4,000,000. 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 236.13% higher than the current median priced home. Local homes that are currently for sale include 1044 S Robertson Blvd, 1338 W Manchester Ave and 10705 S Figueroa St. While the average home in Los Angeles, CA is selling in 94 days, 1944 Riverside Dr has a days on market of 268 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 1944 Riverside Dr Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1944 Riverside Dr

Public county record property details
Beds
--
Baths
--
Year built
1927
Sq. Ft.
9,100
Lot Size
11,205
Stories
1
Type
Wholesale Outlet, Discount Store
Pool
No
Spa
No
County
Los Angeles
Lot#
35-36,C
APN
5443-036-003

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$931
Median Sold Price
$1,505,000
Median Sold Price/Sq.Ft.
$1,136
Total Inventory
47
Median Sale to List Price %
113.58%
Avg Days on Market
20
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

Thinking of Selling?

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

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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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