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2150 Venice Blvd, Los Angeles, CA 90006
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2150 Venice Blvd Los Angeles, CA 90006

$2,300,000 Sold Price as of 02/01/2021
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$2,300,000 Sold Price as of 02/01/2021 Refinance Your Mortgage
Map preview of 2150 Venice Blvd, Los Angeles, CA 90006

Property Overview: 2150 Venice Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 13,681 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fabulous Harvard Heights Commercial property consisting of 3 contiguous lots totaling approximately 13,681 sq ft on the prominent commercial corner of Venice Bl and Harvard Bl.This is a golden opportunity for an experienced developer possibly to do a commercial/mixed-use/residential development in the booming Harvard Heights area, just outside of the pricey West Adams district.Only the second time offered since 1985.The address is 2150 Venice Bl. The three parcels, APN #'s 5074 -021 -023, 024 and 002 total the approx. of 13,681 with a zoning, according to Zimas, of C1-1VL-HPOZ-CPIO with a TOC Tier 2 designation. There is currently a small building (approx. 1,500+ sq ft) with an upstairs office on a small portion of the lot. The rest of the lot is used for film industry rentals.The current owner has not investigated what may be developed on this property. Buyer to determine.There is a clean Phase II report on file.Please do not walk onto the property call agent for showing.

Listed by Lane Aronson | BRE #00681193 | Berkshire Hathaway HomeServices California Properties
Co-listed by Peter V Buonocore | BRE #01279107 | Keller Williams Larchmont
Last checked: 9 minutes ago | Last updated: July 18th, 2023 | Source CRMLS | DOM: 264

Home details

Lot Sq. Ft
13,681
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Other
Status
Sold
MLS#
20546546
City
Los Angeles
County
Los Angeles
Time on Site
346 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: --

Property Details for 2150 Venice Blvd

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5074021023
Location / Neighborhood
Location Information
  • Directions: Corner of Venice Bl and Harvard Bl
View more facts & features

Local Los Angeles Agent

Sale History for 2150 Venice Blvd

Last sold for $2,300,000 on February 1st, 2021

  • July, 2023

  • Jul 18, 2023

    Date

    Canceled

    CRMLS: BB23131981

    $3,500,000

    Price

  • Jul 18, 2023

    Date

    Active

    CRMLS: BB23131981

    $3,500,000

    Price

  • Listing provided courtesy of CRMLS

    The subject property comprises three adjacent parcels, totaling approximately 13,680 square feet of land, and falls under the commercial zoning designation of C1. A potential developer can take advantage of TOC Tier 3 incentives and construct up to 60 units, with an allowed Floor Area Ratio (FAR) of 3.75:1. This results in a substantial building size of nearly 51,300 square feet. The appealing price per unit stands at $58,833 and $68.22 per buildable square foot, making it an attractive opportunity for developers to capitalize on this sizable signalized corner lot. Situated at 2150 Venice Boulevard, the property's location is highly sought-after in the thriving Adams District, currently experiencing gentrification. The area is witnessing major developments, and the subject property is surrounded by renowned national tenants, including U-Haul, Food 4 Less, Dollar Tree, Metro, McDonald’s, El Pollo Loco, Goodwill, Carl’s Jr, and Smart & Final, among others.

  • February, 2021

  • Feb 1, 2021

    Date

    Sold

    CRMLS: 20546546

    $2,300,000

    Price

  • Jan 21, 2020

    Date

    Active

    CRMLS: 20546546

    $2,350,000

    Price

  • January, 2021

  • Jan 14, 2021

    Date

    Sold (Public Records)

    Public Records

    $2,300,000

    Price

  • April, 2017

  • Apr 24, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,725,000

    Price

Show More

Tax History for 2150 Venice Blvd

Assessed Value (2020): $769,375
Year Land Value Improved Value Assessed Value
2020 $636,724 $132,651 $769,375

Home Value Compared to the Market

This property vs the competition

2150 Venice Blvd sold on February 1, 2021 for 97.48% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 2150 Venice Blvd

Detailed summary of property

2150 Venice Blvd is a other that recently sold in Los Angeles, CA 90006. This property offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 13,681 square foot lot. 2150 Venice Blvd was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,300,000. 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 97.48% higher than the current median priced home. Local homes that are currently for sale include 5975 S Broadway, 1040 S Robertson Blvd and 1605 E 1st St. While the average home in Los Angeles, CA is selling in 94 days, 2150 Venice Blvd has a days on market of 264 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 2150 Venice Blvd Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2150 Venice Blvd

Public county record property details
Beds
--
Baths
--
Year built
1954
Sq. Ft.
1,520
Lot Size
5,830
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
54
APN
5074-021-023

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$602
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
38
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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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