2321 E 3Rd St Los Angeles, CA 90033

$1,240,000 Sold Price as of 03/30/2018

10 Beds
5 Baths
3,000 Sq.Ft.

Off Market

$1,240,000 Sold Price as of 03/30/2018 Refinance Your Mortgage

Map preview of 2321 E 3Rd St, Los Angeles, CA 90033

Property Overview: 2321 E 3Rd St Los Angeles, CA has 10 bedrooms, 5 bathrooms, 3,000 living square feet and 14,632 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2321 E 3Rd St 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 $1,249,000. The median price per/sqft for Los Angeles is $774. 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 $249,800 for the down payment and will need roughly $24,980 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 $59,500. 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 2321 E 3Rd St

Last sold for $1,240,000 on March 30th, 2018

May, 2024
May 14, 2024

Date

Hold

CRMLS: 24385488

$5,450,000

Price
Mar 14, 2024

Date

Active

CRMLS: 24385488

$5,450,000

Price
Listing provided courtesy of CRMLS

21,400 SF. of Commercial Land, located 500 FT from Gold Line Metro Station. It consists of 2 different parcel numbers 5183-010-006 and 5183-010-005 . Can build 130 units of low income or any other commercial projects. There are 8 units with one unit vacant. Gross income of 75,000 per annum.

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March, 2022
Mar 2, 2022

Date

Expired

CRMLS: 22119847

$2,500,000

Price
Jan 16, 2022

Date

Active

CRMLS: 22119847

$2,500,000

Price
Listing provided courtesy of CRMLS

CBRE, Inc., as an exclusive agent, is pleased to present for sale 2321 E 3rd St. This 14,632 square foot development opportunity is located on the corner of 3rd St. and Soto St. in the heart of Boyle Heights. This development lot is zoned RD1.5-1-CUGU in a Transit Oriented Community(Tier 4) and [LUM3 - SH3 - 4][XC1 - 4][CPIO] in the Boyle Heights Community Plan. The city is currently releasing the draft EIR to which the public hearing will be held for final adoption. This property presents a developer/investor the opportunity to build 37 units by right and up to 67 units with an affordability component. There are currently no plans or entitlements in place. Boyle Heights, a comparatively dense, urban neighborhood, is one of the City's most transit-accessible communities. The update to the Community Plan aims to encourage specific growth around transit hubs and commercial corridors while conserving residential areas' existing varied densities and historic character. *Buyer to Verify Zoning and Density. ANY RELIANCE ON IT IS SOLELY AT YOUR RISK*

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January, 2022
Jan 15, 2022

Date

Active

CRMLS: 22119611

$2,500,000

Price
Listing provided courtesy of CRMLS

CBRE, Inc., as an exclusive agent, is pleased to present for sale 2321 E 3rd St. This 14,632 square foot development opportunity is located on the corner of 3rd St. and Soto St. in the heart of Boyle Heights. This development lot is zoned RD1.5-1-CUGU in a Transit Oriented Community(Tier 4) and [LUM3 - SH3 - 4][XC1 - 4][CPIO] in the Boyle Heights Community Plan. The city is currently releasing the draft EIR to which the public hearing will be held for final adoption. This property presents a developer/investor the opportunity to build 37 units by right and up to 67 units with an affordability component. There are currently no plans or entitlements in place. Boyle Heights, a comparatively dense, urban neighborhood, is one of the City's most transit-accessible communities. The update to the Community Plan aims to encourage specific growth around transit hubs and commercial corridors while conserving residential areas' existing varied densities and historic character.

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March, 2018
Mar 30, 2018

Date

Sold (Public Records)

Public Records

$1,240,000

Price
November, 2017
Nov 22, 2017

Date

Expired

CRMLS: 17211158

$1,240,000

Price
Oct 12, 2017

Date

Price Change

CRMLS: 17211158

$1,240,000

Price
Aug 14, 2017

Date

Price Change

CRMLS: 17211158

$1,260,000

Price
Jul 10, 2017

Date

Price Change

CRMLS: 17211158

$1,280,000

Price
May 18, 2017

Date

Active

CRMLS: 17211158

$1,350,000

Price
May 1, 2017

Date

Pending

CRMLS: 17211158

$1,350,000

Price
Mar 14, 2017

Date

Active

CRMLS: 17211158

$1,350,000

Price
Listing provided courtesy of CRMLS

$110,000 Price reduction:This is a development opportunity in Boyle Heights, Los Angeles. The lot consists of 14,632 sq. ft. of RD 1.5-1-CUGU land. It is situated on a corner lot with alley access and has the lot dimensions of 98 X 149. Currently the property has 5 units that are occupied and will bring in income for a buyer as they go through their entitlements. Boyle Heights is a rapidly improving neighborhood, with many artists and younger renters moving in. The site is .01 miles away from the Metro Soto station, which is a two minute walk. The location is also very close to many restaurants, schools and places of business boasting a great Walkscore of 90. Owner has expired plans for 14 units which can be changed to 12 units and shovel ready in about 4 months.

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Tax History for 2321 E 3Rd St

Assessed Value (2020): $1,290,096

Year	Land Value	Improved Value	Assessed Value
2020	$977,976	$312,120	$1,290,096

About 2321 E 3Rd St

Detailed summary of property

2321 E 3Rd St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90033 and last sold on March 30, 2018 for $1,240,000. This property has 10 bedrooms, 5 bathrooms, roughly 3,000 living square feet, and sits on an approximately 14,632 square foot lot. Homes 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 4.2% higher than the current median priced home. 2321 E 3Rd St was last sold on March 30, 2018 for $1,240,000. Local nearby listings include 500 Molino St #307, 530 Molino St #117 and 1850 Industrial St #701. The average home in Los Angeles, CA is selling in 94 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. If you are the homeowner and looking to sell the home at 2321 E 3Rd St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2321 E 3Rd St

Public county record property details

Beds: 10
Baths: 5
Year built: 1924
Sq. Ft.: 3,000
Lot Size: 14,632
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 5,6
APN: 5183-010-006

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$778,000

Median List Price/Sq.Ft.

$520

Median Sold Price

Median Sold Price/Sq.Ft.

Total Inventory

Median Sale to List Price %

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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