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2500 Riverside Dr, Los Angeles, CA 90039
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2500 Riverside Dr Los Angeles, CA 90039

$2,480,000 Sold Price as of 01/31/2023
  • -- Beds
  • -- Baths
  • 5,318 Sq.Ft.
Sold
$2,480,000 Sold Price as of 01/31/2023 Refinance Your Mortgage
Map preview of 2500 Riverside Dr, Los Angeles, CA 90039

Property Overview: 2500 Riverside Dr Los Angeles, CA has -- bedrooms, -- bathrooms, 5,318 living square feet and 7,911 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The CREM Group is pleased to bring to market, 2500 Riverside Drive. Located on the corner of Riverside Drive and Fletcher Drive, the property boasts a 5,300+ sq. ft. single tenant commercial building, which is currently home to Ivanhoe Restaurant & Bar, a Silver Lake neighborhood staple. This unique location, with excellent street visibility and additional covered patio seating, is situated on the fringe of Silver Lake, Frog Town, Atwater Village, and Los Feliz, attracting patrons from all of these highly desirable neighborhoods and more. The tenant currently has a license for additional 40+ parking spaces with LADWP and the property has received a clean Phase 1 environmental clearance. This is a trust sale, court confirmation is not required. Two parcels, APN 5438-023-001 & 5438-023-002. The business and building can be sold together. Please call listing broker for details.

Listed by Mark Cianciulli | BRE #01990266 | The CREM Group
Last checked: 7 minutes ago | Last updated: March 15th, 2023 | Source CRMLS | DOM: 203

Home details

Lot Sq. Ft
7,911
HOA Dues
$0/mo
Year built
1932
Garage
--
Property Type:
Other
Status
Sold
MLS#
22160663
City
Los Angeles
County
Los Angeles
Time on Site
428 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.79%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
  • Other Income 1: $1,166
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2500 Riverside Dr

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 40
Lot Information
  • Lot Size Source: Survey
Property Information
  • Parcel Number: 5438023001
Location / Neighborhood
Location Information
  • Directions: See Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 2500 Riverside Dr

Last sold for $2,480,000 on January 31st, 2023

  • January, 2023

  • Jan 31, 2023

    Date

    Sold

    CRMLS: 22160663

    $2,480,000

    Price

  • May 24, 2022

    Date

    Active

    CRMLS: 22160663

    $3,200,000

    Price

  • April, 2018

  • Apr 17, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2005

  • Jan 13, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2500 Riverside Dr

Assessed Value (2020): $1,363,964
Year Land Value Improved Value Assessed Value
2020 $947,804 $416,160 $1,363,964

Home Value Compared to the Market

This property vs the competition

2500 Riverside Dr sold on January 31, 2023 for 126.47% higher 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 $506.77 per/sqft which puts the price per square foot 32.88% lower than the current median sale per square foot for the city of Los Angeles.

About 2500 Riverside Dr

Detailed summary of property

2500 Riverside Dr is a other that recently sold in Los Angeles, CA 90039. This property offered -- bedrooms, -- bathrooms, roughly 5,318 living square feet, and sits on an approximately 7,911 square foot lot. 2500 Riverside Dr was first listed on ArdentRealEstateGroup.com on March 15, 2023. The homeowner sold the property for $2,480,000. 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 126.47% higher than the current median priced home. Local homes that are currently for sale include 1485 Lincoln Ave, 5115 W Adams Blvd and 5975 S Broadway. While the average home in Los Angeles, CA is selling in 94 days, 2500 Riverside Dr has a days on market of 203 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. For more information on this home for sale at 2500 Riverside Dr Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2500 Riverside Dr

Public county record property details
Beds
--
Baths
--
Year built
1932
Sq. Ft.
5,318
Lot Size
6,061
Stories
1
Type
Restaurant
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5438-023-001

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$931
Median Sold Price
$1,505,000
Median Sold Price/Sq.Ft.
$1,136
Total Inventory
47
Median Sale to List Price %
113.58%
Avg Days on Market
20
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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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