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1960 Riverside Dr, Los Angeles, CA 90039
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1960 Riverside Dr Los Angeles, CA 90039

$1,000,000 Sold Price as of 09/01/2021
  • -- Beds
  • -- Baths
  • 3,998 Sq.Ft.
Sold
$1,000,000 Sold Price as of 09/01/2021 Refinance Your Mortgage
Map preview of 1960 Riverside Dr, Los Angeles, CA 90039

Property Overview: 1960 Riverside Dr Los Angeles, CA has -- bedrooms, -- bathrooms, 3,998 living square feet and 11,808 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent Elysian Valley Opportunity with huge possibilities! This former hardware store is conveniently located on the major Los Angeles thoroughfare, Riverside Drive, nestled near the intersection of the 2, 5, and 110 freeways one block up from Dodger Stadium Way. Huge potential for store front visibility and exposure passing commuter traffic. The property features a spacious store front area that can fit various commercial uses. Final sale is subject to co-owner and probate approval. Due to the utility of the parking lot situated between the two buildings, this property is ideally sold in conjunction with the next door theatre property located at 1942-1954 Riverside Drive and is marketed accordingly. Open to discussing lease, partition, and assignment options to new owner/tenant. Listing agent is related to seller. See MLS#20174763 for reference. Walkthrough video: https://youtu.be/3SeTDVklyqE 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
11,808
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
CV20209104
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
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 1960 Riverside Dr

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5443036002
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Intersection of 5, 2 and 110 freeways, one block North of Dodger Stadium Way.
View more facts & features

Local Los Angeles Agent

Sale History for 1960 Riverside Dr

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

  • September, 2021

  • Sep 2, 2021

    Date

    Sold

    CRMLS: CV20209104

    $1,000,000

    Price

  • Jul 3, 2021

    Date

    Pending

    CRMLS: CV20209104

    $1,999,995

    Price

  • Jan 26, 2021

    Date

    Price Change

    CRMLS: CV20209104

    $1,999,995

    Price

  • Oct 6, 2020

    Date

    Active

    CRMLS: CV20209104

    $2,200,000

    Price

  • June, 2019

  • Jun 12, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 1997

  • Feb 20, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1960 Riverside Dr

Assessed Value (2020): $260,593
Year Land Value Improved Value Assessed Value
2020 $156,357 $104,236 $260,593

Home Value Compared to the Market

This property vs the competition

1960 Riverside Dr sold on September 1, 2021 for 68.07% 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 $500.25 per/sqft which puts the price per square foot 33.74% lower than the current median sale per square foot for the city of Los Angeles.

About 1960 Riverside Dr

Detailed summary of property

1960 Riverside Dr is a mixed use that recently sold in Los Angeles, CA 90039. This mixed use property offered -- bedrooms, -- bathrooms, roughly 3,998 living square feet, and sits on an approximately 11,808 square foot lot. 1960 Riverside Dr was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,000,000. 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 68.07% higher than the current median priced home. Local homes that are currently for sale include 601 S Record Ave, 4122 Whittier Blvd and 5314 S Broadway. While the average home in Los Angeles, CA is selling in 94 days, 1960 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 1960 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 1960 Riverside Dr

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
3,998
Lot Size
11,807
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
34,35
APN
5443-036-002

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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