2360 W Washington Blvd Los Angeles, CA 90018

$2,740,000 Sold Price as of 03/01/2019

3 Beds
1 Baths
11,260 Sq.Ft.

Off Market

$2,740,000 Sold Price as of 03/01/2019 Refinance Your Mortgage

Map preview of 2360 W Washington Blvd, Los Angeles, CA 90018

Property Overview: 2360 W Washington Blvd Los Angeles, CA has 3 bedrooms, 1 bathrooms, 11,260 living square feet and 7,507 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

2360 W Washington Blvd 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 $768. 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 2360 W Washington Blvd

Last sold for $2,740,000 on March 3rd, 2019

March, 2024
Mar 9, 2024

Date

Expired

CRMLS: 23308509

$4,550,000

Price
Sep 5, 2023

Date

Active

CRMLS: 23308509

$4,850,000

Price
Listing provided courtesy of CRMLS

We proudly present 2360 W Washington Blvd, a recently renovated 20-unit mixed-use property strategically positioned in the heart of Los Angeles. The seller has made a substantial investment of over $700k in capital expenditures and 17 out of 17 apartment units are completely turnkey. These units boast modern upgrades such as new flooring, updated appliances, contemporary lighting, and sleek kitchen and bathroom designs. Additionally, all renovated units feature in-unit laundry, with the exception of the bachelor unit. The property also offers 2,932 square feet of ground-floor retail space, and it's located in a rapidly gentrifying neighborhood, adjacent to numerous new development projects, promises immediate upside potential in rents. The location of the property also provides easy access to major freeways like the 10 and 101 and proximity to key employment centers. Furthermore, it is a short drive from popular dining, shopping, and entertainment venues in West Adams, Koreatown, and Downtown LA.

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December, 2022
Dec 1, 2022

Date

Expired

CRMLS: 22175837

$4,700,000

Price
Jul 6, 2022

Date

Active

CRMLS: 22175837

$4,700,000

Price
Listing provided courtesy of CRMLS

We are pleased to present 2360 W. Washington Blvd in the Arlington Heights neighborhood in Mid-City Los Angeles. This unique offering is a Mixed-Use building offering 17 apartment units and 3 storefront retail spaces on the ground level. 16 of the 17 apartment units have been renovated offering a mostly turn-key investment with a strong in place cash flow with a going in cap rate of 5.43%. The apartment portion of the building offers a great unit mix consisting of (13) Studio/1 Bath units, (3) 1 Bed/1Bath, and (1) Bachelor unit. The three storefront retail units are on month-to-month leases and offers a new investor the opportunity to increase the return by bringing these rents to a market rate. Tenants have the opportunity to apply for permit parking with the City of Los Angeles allowing them to park in the surrounding neighborhood at a very reasonable rate.

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June, 2020
Jun 8, 2020

Date

Active

CRMLS: 20588036

$1,600

Price
Listing provided courtesy of CRMLS

We are pleased to present this ground floor +-1,600sf commercial space located at 2360 W Washington Blvd. Located along the dynamic and trending Washington Blvd corridor, the space is fit for a creative office, architect, furniture, storage, and many other uses. Priced at just $1/sf/month, this is one of the most affordable spaces throughout the Mid-City, West Adams, and Koreatown neighborhoods. Contact listing agent for additional information today.

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May, 2019
May 29, 2019

Date

Sold

CRMLS: 18399672

$2,740,000

Price
Dec 29, 2018

Date

Pending

CRMLS: 18399672

$2,995,000

Price
Oct 23, 2018

Date

Active

CRMLS: 18399672

$2,995,000

Price
Listing provided courtesy of CRMLS

2 Separate Buildings. Front building is a Mixed-Use brick building that consists of three (3) storefront commercial spaces and eleven (11) Single/1 Bath units. One of the 11 units is a non-conforming unit. Back building is wood frame stucco that consists of three (3) Single/1 Bath units, one (1) Single/1 bath + Den, and one (1) 1 Bed/1 Bath unit. The property has new exterior paint, updated common area hallways, and two vacant units. Drive By only. Please do not disturb tenants.

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March, 2019
Mar 1, 2019

Date

Sold (Public Records)

Public Records

$2,740,000

Price
January, 2019
Jan 1, 2019

Date

Expired

CRMLS: 18398672

$2,995,000

Price
Oct 23, 2018

Date

Withdrawn

CRMLS: 18398672

$2,995,000

Price
Oct 19, 2018

Date

Active

CRMLS: 18398672

$2,995,000

Price
Listing provided courtesy of CRMLS

2 Separate Buildings. Front building is a Mixed-Use brick building that consists of three (3) storefront commercial spaces and eleven (11) Single/1 Bath units. One of the 11 units is a non-conforming unit. Back building is wood frame stucco that consists of three (3) Single/1 Bath units, one (1) Single/1 bath + Den, and one (1) 1 Bed/1 Bath unit. The property has new exterior paint, updated common area hallways, and two vacant units. Drive By only. Please do not disturb tenants.

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August, 2014
Aug 28, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 2360 W Washington Blvd

Assessed Value (2020): $2,798,400

Year	Land Value	Improved Value	Assessed Value
2020	$2,142,000	$656,400	$2,798,400

About 2360 W Washington Blvd

Detailed summary of property

2360 W Washington Blvd is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90018 and last sold on March 1, 2019 for $2,740,000. This property has 3 bedrooms, 1 bathrooms, roughly 11,260 living square feet, and sits on an approximately 7,507 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 144.64% higher than the current median priced home. 2360 W Washington Blvd was last sold on March 1, 2019 for $2,740,000. Local nearby listings include 1124 S Manhattan Pl, 1543 6th Ave and 1111 S Manhattan Pl. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 2360 W Washington Blvd Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2360 W Washington Blvd

Public county record property details

Beds: 3
Baths: 1
Year built: 1929
Sq. Ft.: 11,260
Lot Size: 7,507
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 3
APN: 5073-028-005

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$999,800

Median List Price/Sq.Ft.

$640

Median Sold Price

$1,040,000

Median Sold Price/Sq.Ft.

$672

Total Inventory

Median Sale to List Price %

104.1%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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(714) 706-1823

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