2172 W Florence Ave Los Angeles, CA 90047

$1,450,000 Sold Price as of 06/04/2019

-- Beds
-- Baths
1,312 Sq.Ft.

Off Market

$1,450,000 Sold Price as of 06/04/2019 Refinance Your Mortgage

Map preview of 2172 W Florence Ave, Los Angeles, CA 90047

Property Overview: 2172 W Florence Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,312 living square feet and 8,558 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2172 W Florence Ave 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 $1,200,000. 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 $240,000 for the down payment and will need roughly $24,000 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 2172 W Florence Ave

Last sold for $1,450,000 on June 4th, 2019

January, 2023
Jan 1, 2023

Date

Expired

CRMLS: 22152655

$2,250,000

Price
May 3, 2022

Date

Active

CRMLS: 22152655

$2,795,000

Price
Listing provided courtesy of CRMLS

Rare Triple-Lot Corner Multi-Family or Affordable Housing Redevelopment Opportunity Near Sofi Stadium! We are very pleased to offer the exciting opportunity for a saavy developer to acquire a triple-lot corner development site, minutes from SoFi Stadium, Hollywood Park Entertainment Campus & The Intuit Dome! This corner lot development site, totaling 13,678 square feet of land is zoned C2 and offers preliminary plans for a 56 unit 100% affordable senior housing development. Located at the Southeast corner of Florence and Van Ness, this exciting multi-family development opportunity comes with a clean environmental (Phase 1 & 2 completed) and soils reports and is ready to be taken to the next level. Renderings include two different designs which highlight the possibilities of the highest and best use of this site, but a new developer can pick up the ball and take this site to the next level. Demand for housing, both market rate and affordable, in the Greater Los Angeles area has never been stronger, making this development site prime for new multi-family construction. Located very close to the new Inglewood Transit Connector (ITC), a monorail-like system which would link the Crenshaw Line's Downtown Inglewood Station to SoFi Stadium and Intuit Dome, the future home of the Los Angeles Clippers. Truly an excellent opportunity to purchase a nearly 14,000 SF C2 corner development site with the potential for 56 affordable units or potentially 15-16 small lot market rate townhomes for sale or rent in an area hot for new development!

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June, 2019
Jun 4, 2019

Date

Sold (Public Records)

Public Records

$1,450,000

Price
February, 2018
Feb 1, 2018

Date

Price Change

CRMLS: RS16068380

$895,000

Price
Jul 17, 2017

Date

Canceled

CRMLS: RS16068380

$895,000

Price
Jun 3, 2017

Date

Price Change

CRMLS: RS16068380

$895,000

Price
Jun 3, 2017

Date

Active

CRMLS: RS16068380

$849,000

Price
Feb 17, 2017

Date

Pending

CRMLS: RS16068380

$849,000

Price
Dec 25, 2016

Date

Price Change

CRMLS: RS16068380

$849,000

Price
Apr 3, 2016

Date

Price Change

CRMLS: RS16068380

$750,000

Price
Listing provided courtesy of CRMLS

LOCATION on very traffic West Florence Ave. Big corner lot Florence/Van Ness. per assessor approx. 10,200 sqft. Used as a Car Dealer and Smog Check Shop. Note:This property to be sold with next door 2160 & 2164 W Florence Ave. (MLS RS16068115) listing price $475,000 per assessor approx. 5,100 sqft lot. BOTH properties totaling 15,300 SQFT total price together $1,370,000.00 Buyer and Buyer's agent to verify sqft. BACK ON THE MARKET. PREFERABLE CASH OFFERS. PROPERTY CURRENT VACANT.

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August, 2017
Aug 2, 2017

Date

Sold

CRMLS: RS17168382

$1,150,000

Price
Jul 31, 2017

Date

Pending

CRMLS: RS17168382

$895,000

Price
Jul 23, 2017

Date

Active Under Contract

CRMLS: RS17168382

$895,000

Price
Jul 23, 2017

Date

Active

CRMLS: RS17168382

$895,000

Price
Listing provided courtesy of CRMLS

Potential corner on Florence/Van Ness, very high traffic. per property profile approx. 10,200 sq ft. Note: this property to be sold with next door 2160-2164 W Florence ave. listing price $475,000 per property profile approx. 5,100 sq ft. lot. Both properties totaling approx. 15,200 sq ft. Total price together $1,370.000. Buyer and buyer's agent must to verify sq ft. Seller preferable cash offers. Property current vacant.

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August, 2017
Aug 1, 2017

Date

Sold (Public Records)

Public Records

$1,150,000

Price

Tax History for 2172 W Florence Ave

Assessed Value (2020): $918,000

Year	Land Value	Improved Value	Assessed Value
2020	$867,000	$51,000	$918,000

About 2172 W Florence Ave

Detailed summary of property

2172 W Florence Ave is categorized with a use code of Auto Repair (& Related), Garage in Los Angeles, CA 90047 and last sold on June 4, 2019 for $1,450,000. This property has -- bedrooms, -- bathrooms, roughly 1,312 living square feet, and sits on an approximately 8,558 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 29.46% higher than the current median priced home. 2172 W Florence Ave was last sold on June 4, 2019 for $1,450,000. Local nearby listings include 1840 W 66th St, 6123 Haas Ave and 1937 W 80th St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 2172 W Florence Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2172 W Florence Ave

Public county record property details

Beds: --
Baths: --
Year built: 1994
Sq. Ft.: 1,312
Lot Size: 8,558
Stories: 1

Type: Auto Repair (& Related), Garage
Pool: No
Spa: No
County: Los Angeles
Lot#: 11,12
APN: 6017-004-035

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$750,000

Median List Price/Sq.Ft.

$568

Median Sold Price

$795,000

Median Sold Price/Sq.Ft.

$561

Total Inventory

Median Sale to List Price %

99.39%

Avg Days on Market

Loan Type

Conventional (37.5%), FHA (45.83%), VA (0%), Cash (8.33%), Other (4.17%)

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(714) 706-1823

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