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2522 S Central Ave, Los Angeles, CA 90011
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2522 S Central Ave Los Angeles, CA 90011

$750,000 Sold Price as of 07/05/2019
  • -- Beds
  • -- Baths
  • 3,081 Sq.Ft.
Sold
$750,000 Sold Price as of 07/05/2019 Refinance Your Mortgage
Map preview of 2522 S Central Ave, Los Angeles, CA 90011

Property Overview: 2522 S Central Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,081 living square feet and 5,643 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Visibility and Traffic!!!! Excellent Location experiencing continuous Development and City Improvements. Retail Unit (Owner Occupied). The Mixed-Use Property consists of 1,705 sq.ft of Retail Space in the Front and a (Duplex) 1,376 sq.ft. - (Currently Occupied) Two Residential Units (2 Bed/1 Bath each) Units in the back with their own gated private parking. Residential Units Currently Occupied by Long Term Tenants providing a consistent income stream. Two check-cashing Store Locations in Los Angeles and San Pedro with 25+ year old established businesses that have been serving the local communities/areas with competitive rates to a large database of customers within the working class neighborhoods and their employment employment centers with an estimate for 2016-2017, the two stores combined average roughly $3M+ per month gross sales with an average sales increase of 10% +/- per quarter.

Listed by Jose Perez | BRE #01914917 | Lotus Group Real Estate
Co-listed by Gay-Lynn Barnes | BRE #01433767 | EXP Realty of California Inc.
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
5,643
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW19139091
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 2
  • # of Leased Units: 2
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 2522 S Central Ave

Interior Features
Laundry Information
  • Gas Dryer Hookup, Washer Hookup
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5119009008
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 10 fwy West.. Exit Central Ave. make a left on Central Ave. Cross street is Adams Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 2522 S Central Ave

Last sold for $750,000 on July 5th, 2019

  • July, 2019

  • Jul 6, 2019

    Date

    Sold

    CRMLS: DW19139091

    $750,000

    Price

  • Jun 13, 2019

    Date

    Pending

    CRMLS: DW19139091

    $749,999

    Price

  • Jun 13, 2019

    Date

    Active

    CRMLS: DW19139091

    $749,999

    Price

  • July, 2019

  • Jul 5, 2019

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • July, 2019

  • Jul 1, 2019

    Date

    Expired

    CRMLS: DW18199605

    $899,000

    Price

  • Mar 21, 2019

    Date

    Withdrawn

    CRMLS: DW18199605

    $899,000

    Price

  • Mar 18, 2019

    Date

    Hold

    CRMLS: DW18199605

    $899,000

    Price

  • Aug 16, 2018

    Date

    Active

    CRMLS: DW18199605

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed-Use Property Now Available for Sale including business!!!! Great Visibility and Traffic!!!! Excellent Location experiencing continuous Development and City Improvements. Opportunity to take over current Check Cashing Business, no additional fees. Business is priced at $200,000. The Mixed-Use Property consists of 1,705 sq.ft of Retail Space in the Front and a (Duplex) 1,376 sq.ft. - Two Residential Units (2 Bed/1 Bath each) Units in the back with their own gated private parking. Residential Units Currently Occupied by Long Term Tenants providing a consistent income stream. Additional check-cashing Store Location available with 25+ year old established businesses that have been serving the local communities/areas with competitive rates to a large database of customers within the working class neighborhoods and their employment employment centers with an estimate for 2016-2017, the two stores combined average roughly over $3M+ per month gross sales with an average sales increase of 10% +/- per quarter.

  • June, 2018

  • Jun 15, 2018

    Date

    Expired

    CRMLS: DW17156954

    $1,075,000

    Price

  • Jun 14, 2018

    Date

    Price Change

    CRMLS: DW17156954

    $1,075,000

    Price

  • Jun 14, 2018

    Date

    Active

    CRMLS: DW17156954

    $799,999

    Price

  • Feb 24, 2018

    Date

    Pending

    CRMLS: DW17156954

    $799,999

    Price

  • Aug 7, 2017

    Date

    Price Change

    CRMLS: DW17156954

    $799,999

    Price

  • Jul 11, 2017

    Date

    Active

    CRMLS: DW17156954

    $849,900

    Price

  • Listing provided courtesy of CRMLS

    Mixed-Use Property Now Available for Sale!!!! Great Upside potential as Rents have not been raised. In addition to the Real Estate, there are Two (2) Check Cashing Businesses for Sale as well!!! (Call for more information & Pricing.) Property and Businesses May be Sold Separately but preferably together!!! Great Visibility and Traffic!!!! Excellent Location experiencing continuous Development and City Improvements. Retail Unit (Owner Occupied). The Mixed-Use Property consists of 1,705 sq.ft of Retail Space in the Front and a (Duplex) 1,376 sq.ft. - (Currently Occupied) Two Residential Units (2 Bed/1 Bath each) Units in the back with their own gated private parking. Residential Units Currently Occupied by Long Term Tenants providing a consistent income stream. Two check-cashing Store Locations in Los Angeles and San Pedro with 25+ year old established businesses that have been serving the local communities/areas with competitive rates to a large database of customers within the working class neighborhoods and their employment employment centers with an estimate for 2016-2017, the two stores combined average roughly $3M+ per month gross sales with an average sales increase of 10% +/- per quarter.

  • March, 1996

  • Mar 5, 1996

    Date

    Sold (Public Records)

    Public Records

    $54,090

    Price

Show More

Tax History for 2522 S Central Ave

Assessed Value (2020): $750,000
Year Land Value Improved Value Assessed Value
2020 $500,000 $250,000 $750,000

Home Value Compared to the Market

This property vs the competition

2522 S Central Ave sold on July 5, 2019 for 36.97% 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 $243.43 per/sqft which puts the price per square foot 67.76% lower than the current median sale per square foot for the city of Los Angeles.

About 2522 S Central Ave

Detailed summary of property

2522 S Central Ave is a mixed use that recently sold in Los Angeles, CA 90011. This mixed use property offered -- bedrooms, -- bathrooms, roughly 3,081 living square feet, and sits on an approximately 5,643 square foot lot. 2522 S Central Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $750,000. 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 36.97% lower than the current median priced home. Local homes that are currently for sale include 8310 S Broadway, 3403 E 4th St and 8312 S Broadway. While the average home in Los Angeles, CA is selling in 94 days, 2522 S Central Ave has a days on market of 1 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 2522 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 2522 S Central Ave

Public county record property details
Beds
4
Baths
2
Year built
1921
Sq. Ft.
3,081
Lot Size
5,643
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
84
APN
5119-009-008

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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(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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