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2216 S Central Ave, Los Angeles, CA 90011
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2216 S Central Ave Los Angeles, CA 90011

$875,000 Sold Price as of 06/30/2023
  • -- Beds
  • -- Baths
  • 5,780 Sq.Ft.
Sold
$875,000 Sold Price as of 06/30/2023 Refinance Your Mortgage
Map preview of 2216 S Central Ave, Los Angeles, CA 90011

Property Overview: 2216 S Central Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 5,780 living square feet and 5,781 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2216.2218 S Central Ave. An owner-user,development, or investment opportunity in S Central Ave. With easy access to the I-10 and I-110 and Downtown Los Angeles this area is ideal with convenient access to employment opportunities, retail shopping destinations,The building currently consists of two-story buildings. And as an address for two, the first floor 2216 #1 store is an ice cream shop and first #2 2218 is currently used as a warehouse. The second floor office is currently being used by the owner as storage.In fact, two can be used as an office.There are 2 toilets. There is a driveway at the back of the building,so each has a door leading to the store, so it is convenient to unload items easily. This investment building can create a lot of income when the owner uses it or leases it. The subject property built in 1917 is currently zoned LAC2-1-CPIO in a Tier 2.3. TOC on 5781 SF lot in a highly trafficked location . The area around this building is adjacent to downtown LA., and there are many subway bus routes convenient for living and living for many office workers, so it is a very good business area. Los Angeles this submarket is ideal for an owner-user to operate a business. The seller really wants to sell this building.And we will sell it as is without any repairs. Pay attention to buildings with good investment potential.

Listed by Edward Oh | BRE #01310980 | Berkshire Hathaway HomeService
Last checked: 3 minutes ago | Last updated: June 30th, 2023 | Source CRMLS | DOM: 24

Home details

Lot Sq. Ft
5,781
HOA Dues
$0/mo
Year built
1917
Garage
--
Property Type:
Business
Status
Sold
MLS#
RS23020279
City
Los Angeles
County
Los Angeles
Time on Site
458 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 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: --

Property Details for 2216 S Central Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5119005004
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, See Remarks, Sewer Available, Water Available, Water Connected
Location / Neighborhood
Location Information
  • Directions: S Centreal Ave and 22 nd Street Coner
View more facts & features

Local Los Angeles Agent

Sale History for 2216 S Central Ave

Last sold for $875,000 on June 30th, 2023

  • June, 2023

  • Jun 30, 2023

    Date

    Sold

    CRMLS: RS23020279

    $875,000

    Price

  • Feb 5, 2023

    Date

    Active

    CRMLS: RS23020279

    $1,100,000

    Price

  • May, 2002

  • May 3, 2002

    Date

    Sold (Public Records)

    Public Records

    $259,000

    Price

  • July, 1996

  • Jul 12, 1996

    Date

    Sold (Public Records)

    Public Records

    $124,500

    Price

Show More

Tax History for 2216 S Central Ave

Assessed Value (2020): $349,842
Year Land Value Improved Value Assessed Value
2020 $156,685 $193,157 $349,842

Home Value Compared to the Market

This property vs the competition

2216 S Central Ave sold on June 30, 2023 for 7.56% lower 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 $190.31 per/sqft which puts the price per square foot 74.79% lower than the current median sale per square foot for the city of Los Angeles.

About 2216 S Central Ave

Detailed summary of property

2216 S Central Ave is a business that recently sold in Los Angeles, CA 90011. This business offered -- bedrooms, -- bathrooms, roughly 5,780 living square feet, and sits on an approximately 5,781 square foot lot. 2216 S Central Ave was first listed on ArdentRealEstateGroup.com on February 5, 2023. The homeowner sold the property for $875,000. 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 7.56% lower than the current median priced home. Local homes that are currently for sale include 8310 S Broadway, 8312 S Broadway and 1331 W Florence Ave. While the average home in Los Angeles, CA is selling in 94 days, 2216 S Central Ave has a days on market of 24 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 2216 S Central Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2216 S Central Ave

Public county record property details
Beds
--
Baths
--
Year built
1917
Sq. Ft.
5,760
Lot Size
5,780
Stories
1
Type
Manufacturing (Light)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5119-005-004

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
38
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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