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228 E 1St St, Los Angeles, CA 90012
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228 E 1St St Los Angeles, CA 90012

$2,350,000 Sold Price as of 03/29/2024
  • -- Beds
  • 10 Baths
  • 6,822 Sq.Ft.
Sold
$2,350,000 Sold Price as of 03/29/2024 Refinance Your Mortgage
Map preview of 228 E 1St St, Los Angeles, CA 90012

Property Overview: 228 E 1St St Los Angeles, CA has -- bedrooms, 10 bathrooms, 6,822 living square feet and 3,345 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in the Heart of Little Tokyo, 228, 230, 232 E. 1st Street is ideal as an investment purchase and/or for an owner-user buyer. The recently renovated building is currently occupied by an office/gallery (office/gallery can be delivered vacant) and restaurant. This Pride of Ownership building has access both from 1st street and Astronaut Ellison S. Onizuka street. All roads lead to 228, 230, 232 E. 1st street as apparent by its close proximity to multiple metro stations and highways: located in a high traffic, highly visited area steps away from Weller Court Shopping Plaza, newly constructed luxury condo. development, and Hilton DoubleTree Hotel the site is excellent both for retail and/or office.

Listed by Nesim Hason | BRE #02015431 | Blue Flamingo Realty
Last checked: 8 minutes ago | Last updated: March 30th, 2024 | Source CRMLS | DOM: 173

Home details

Lot Sq. Ft
3,345
HOA Dues
$0/mo
Year built
1910
Garage
--
Property Type:
Retail
Status
Sold
MLS#
SR23082690
City
Los Angeles
County
Los Angeles
Time on Site
389 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: --
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: --
  • # of Baths: 5
  • Actual Rent: $16,237
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $16,237
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 228 E 1St St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 2
  • Parcel Number: 5161016008
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Take exit 2B from US-101 S Continue on N Los Angeles St. Drive to 1st St
View more facts & features

Local Los Angeles Agent

Sale History for 228 E 1St St

Last sold for $2,350,000 on March 29th, 2024

  • March, 2024

  • Mar 29, 2024

    Date

    Sold

    CRMLS: SR23082690

    $2,350,000

    Price

  • May 12, 2023

    Date

    Active

    CRMLS: SR23082690

    $2,950,000

    Price

  • May, 2023

  • May 3, 2023

    Date

    Expired

    CRMLS: SR22233433

    $2,950,000

    Price

  • Nov 1, 2022

    Date

    Active

    CRMLS: SR22233433

    $2,950,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2016

  • Mar 17, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,750,000

    Price

Show More

Tax History for 228 E 1St St

Assessed Value (2020): $1,894,256
Year Land Value Improved Value Assessed Value
2020 $1,082,432 $811,824 $1,894,256

Home Value Compared to the Market

This property vs the competition

228 E 1St St sold on March 29, 2024 for 120.8% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $365.73 per/sqft which puts the price per square foot 51.49% lower than the current median sale per square foot for the city of Los Angeles.

About 228 E 1St St

Detailed summary of property

228 E 1St St is a retail that recently sold in Los Angeles, CA 90012. This retail property offered -- bedrooms, 10 bathrooms, roughly 6,822 living square feet, and sits on an approximately 3,345 square foot lot. 228 E 1St St was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,350,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 120.8% higher than the current median priced home. Local homes that are currently for sale include 199 N 2nd Ave, 1540 South Coast Highway #102 and 1035 6th. While the average home in Los Angeles, CA is selling in 99 days, 228 E 1St St has a days on market of 173 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 228 E 1St St Los Angeles, CA 90012 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 228 E 1St St

Public county record property details
Beds
--
Baths
--
Year built
1910
Sq. Ft.
3,411
Lot Size
3,345
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
A
APN
5161-016-008

The source for these homes facts are from public records.

90012 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$607
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$468
Total Inventory
59
Median Sale to List Price %
88%
Avg Days on Market
125
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(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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