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2811 Leeward Ave, Los Angeles, CA 90005
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2811 Leeward Ave Los Angeles, CA 90005

$2,350,000 Sold Price as of 03/07/2024
  • -- Beds
  • -- Baths
  • 9,300 Sq.Ft.
Sold
$2,350,000 Sold Price as of 03/07/2024 Refinance Your Mortgage
Map preview of 2811 Leeward Ave, Los Angeles, CA 90005

Property Overview: 2811 Leeward Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 9,300 living square feet and 9,284 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Proud to exclusively present for sale a development opportunity in the Hearth of Koreatown. This an exceptionally rare commercial real estate gem in one of the most iconic markets the Los Angeles Area. This prime location is being offered for the first time in many years and it is an excellent opportunity for redevelopment of Multi-family or Mixed-use. Currently the area has many new developments being built and one right next door. Currently the building is occupied by a single longtime tenant and utilized the space for a body repair shop. The current land use for the parcel is industrial/ warehouse and the Zoning is LAC2. Buyer to verify any and all information with the City of Los Angeles.

Listed by Gustavo Ohannessian | BRE #01257125 | Lenny Coltun Realty
Last checked: 13 minutes ago | Last updated: March 7th, 2024 | Source CRMLS | DOM: 67

Home details

Lot Sq. Ft
9,284
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Warehouse
Status
Sold
MLS#
SR23204522
City
Los Angeles
County
Los Angeles
Time on Site
197 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 1
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.1%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2811 Leeward Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Membrane, Shingle
  • No Fence
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street, Rectangular Lot, Near Public Transit, No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5077015016
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: Wilshire Blvd and Hoover Street
View more facts & features

Local Los Angeles Agent

Sale History for 2811 Leeward Ave

Last sold for $2,350,000 on March 7th, 2024

  • March, 2024

  • Mar 7, 2024

    Date

    Sold

    CRMLS: SR23204522

    $2,350,000

    Price

  • Nov 2, 2023

    Date

    Active

    CRMLS: SR23204522

    $2,750,000

    Price

  • February, 2020

  • Feb 7, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2811 Leeward Ave

Assessed Value (2020): $157,973
Year Land Value Improved Value Assessed Value
2020 $81,312 $76,661 $157,973

Home Value Compared to the Market

This property vs the competition

2811 Leeward Ave sold on March 7, 2024 for 131.09% 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 $295.7 per/sqft which puts the price per square foot 60.83% lower than the current median sale per square foot for the city of Los Angeles.

About 2811 Leeward Ave

Detailed summary of property

2811 Leeward Ave is a warehouse that recently sold in Los Angeles, CA 90005. This warehouse offered -- bedrooms, -- bathrooms, roughly 9,300 living square feet, and sits on an approximately 9,284 square foot lot. 2811 Leeward Ave was first listed on ArdentRealEstateGroup.com on November 3, 2023. The homeowner sold the property for $2,350,000. 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 131.09% higher than the current median priced home. Local homes that are currently for sale include 5115 W Adams Blvd, 5975 S Broadway and 4140 Eagle Rock Blvd. While the average home in Los Angeles, CA is selling in 94 days, 2811 Leeward Ave has a days on market of 67 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 2811 Leeward Ave Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2811 Leeward Ave

Public county record property details
Beds
--
Baths
--
Year built
1923
Sq. Ft.
9,300
Lot Size
9,281
Stories
1
Type
Warehouse (Industrial)
Pool
No
Spa
No
County
Los Angeles
Lot#
71
APN
5077-015-016

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$835,000
Median List Price/Sq.Ft.
$665
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
35
Median Sale to List Price %
100.14%
Avg Days on Market
62
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (16.67%), 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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