Search
2918 W Florence Ave, Los Angeles, CA 90043
Image 2 for 2918 W Florence Ave, Los Angeles, CA 90043
Image 3 for 2918 W Florence Ave, Los Angeles, CA 90043
View Photos

2918 W Florence Ave Los Angeles, CA 90043

$650,000 Sold Price as of 03/19/2024
  • -- Beds
  • -- Baths
  • 1,930 Sq.Ft.
Sold
$650,000 Sold Price as of 03/19/2024 Refinance Your Mortgage
Map preview of 2918 W Florence Ave, Los Angeles, CA 90043

Property Overview: 2918 W Florence Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,930 living square feet and 5,709 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Motivated Seller! Make best offer! Can be delivered partially vacant at the close of escrow negotiable with offer. 2918 - 2920 w Florence Ave. Excellent commercial building currently being used as retail space, gym, with storage space in the rear. The property could used many ways with plenty Add Value potential. Zoning is C2 , 5709 square foot lot, TOC: Tier 2 so there is Development potential as well! Property currently being used as: 2 retail spaces in front building, Mini market and Salon / Boutique with 2 bathrooms and 2 showers; Middle building is open space gym. Rear building has 3 Storage spaces with a bathroom. Secured property with gated driveway and roll down gates on Florence Avenue retail spaces. High traffic street with good visibility during rush hour. New Loan with down payment, with seller's current mortgage lender or buyer's choice lender. SBA loan for qualified business owner users (up to 100% for existing business expansion subject to lender approval). Large parking area, driveway and open space around buildings. Close to SOFI stadium (Rams Chargers), Intuit Dome (Clippers), LA Coliseum and BMO Stadium (LAFC), Kia Forum, You Tube Theatre and more. Crenshaw corridor and Inglewood adjacent. Park Hills heights. Healthy access to public transit Crenshaw Line and LAX line plus buses. Walkable, surrounded by various small businesses. Residential areas for potential customers and/or tenants, if redeveloped. Broker and broker's agents do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/ dimensions, permitted or un-permitted spaces, zoning or development potential, or other information concerning the condition or features of the property. The buyer is advised to independently verify the accuracy of all information. Check with governmental agencies. Zimas shows two separate address lots 2918 and 2920, but same APN. Sold as-is. Pro Forma financials can be provided by request. Seller wants all offers and to sell fast!

Listed by Ahmaad Coney | BRE #01392115 | The Coney Group
Last checked: 34 seconds ago | Last updated: March 20th, 2024 | Source CRMLS | DOM: 99

Home details

Lot Sq. Ft
5,709
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Other
Status
Sold
MLS#
23335583
City
Los Angeles
County
Los Angeles
Time on Site
152 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
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 2918 W Florence Ave

Interior Features
Interior Features
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
Property Information
  • Total # of Units: 3
  • Parcel Number: 4009004006
Location / Neighborhood
Location Information
  • Directions: East of Crenshaw Blvd. on Florence Ave. and West of Van Ness Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 2918 W Florence Ave

Last sold for $650,000 on March 19th, 2024

  • March, 2024

  • Mar 19, 2024

    Date

    Sold

    CRMLS: 23335583

    $650,000

    Price

  • Nov 21, 2023

    Date

    Active

    CRMLS: 23335583

    $650,000

    Price

  • April, 2023

  • Apr 1, 2023

    Date

    Leased

    CRMLS: SR22258904

    $1,650

    Price

  • Dec 23, 2022

    Date

    Active

    CRMLS: SR22258904

    --

    Price

  • Listing provided courtesy of CRMLS

    Functional office or retail use space layout in the Los Angeles area. Perfectly situated in high-traffic, residential and retail areas. Located 2.5 miles near Crenshaw/LAX Metro Line and SoFi Stadium. Lots of new surrounding developments. Great access to the 405, 105 and 110 freeways. Great walk up business location with plenty of street parking.

  • May, 2019

  • May 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $100,000

    Price

  • June, 2018

  • Jun 1, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2918 W Florence Ave

Assessed Value (2020): $459,000
Year Land Value Improved Value Assessed Value
2020 $408,000 $51,000 $459,000

Home Value Compared to the Market

This property vs the competition

2918 W Florence Ave sold on March 19, 2024 for 45.38% 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 $336.79 per/sqft which puts the price per square foot 55.39% lower than the current median sale per square foot for the city of Los Angeles.

About 2918 W Florence Ave

Detailed summary of property

2918 W Florence Ave is a other that recently sold in Los Angeles, CA 90043. This property offered -- bedrooms, -- bathrooms, roughly 1,930 living square feet, and sits on an approximately 5,709 square foot lot. 2918 W Florence Ave was first listed on ArdentRealEstateGroup.com on December 5, 2023. The homeowner sold the property for $650,000. 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 45.38% lower than the current median priced home. Local homes that are currently for sale include 320 S Soto St, 6890 Long Beach Blvd and 4245 E Cesar E Chavez Ave. While the average home in Los Angeles, CA is selling in 94 days, 2918 W Florence Ave has a days on market of 99 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 2918 W Florence Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2918 W Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
1,080
Lot Size
5,706
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
4,5
APN
4009-004-006

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$965,000
Median List Price/Sq.Ft.
$590
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
78
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2918 W Florence Ave

Nearby Homes for Sale

1655 W Florence Ave, Los Angeles, CA 90047
$675,000
-- Beds
-- Baths
1574 Sq.Ft.
1655 W Florence Ave
Los Angeles, CA 90047
9811 S Vermont Ave, Los Angeles, CA 90044
$680,000
-- Beds
-- Baths
896 Sq.Ft.
9811 S Vermont Ave
Los Angeles, CA 90044
8312 S Broadway, Los Angeles, CA 90003
$763,000
-- Beds
-- Baths
2400 Sq.Ft.
8312 S Broadway
Los Angeles, CA 90003
1942 W Jefferson Blvd, Los Angeles, CA 90018
$695,000
-- Beds
-- Baths
0 Sq.Ft.
1942 W Jefferson Blvd
Los Angeles, CA 90018
9618 S Main St, Los Angeles, CA 90003
$700,000
-- Beds
-- Baths
2160 Sq.Ft.
9618 S Main St
Los Angeles, CA 90003
4922 S Central Ave, Los Angeles, CA 90011
$650,000
-- Beds
-- Baths
1049 Sq.Ft.
4922 S Central Ave
Los Angeles, CA 90011
2582 W Pico Blvd, Los Angeles, CA 90006
$700,000
-- Beds
-- Baths
1573 Sq.Ft.
2582 W Pico Blvd
Los Angeles, CA 90006
5805 Venice Blvd, Los Angeles, CA 90019
$695,000
-- Beds
-- Baths
1300 Sq.Ft.
5805 Venice Blvd
Los Angeles, CA 90019
11111 Wilmington Ave, Los Angeles, CA 90059
$725,000
-- Beds
-- Baths
1787 Sq.Ft.
11111 Wilmington Ave
Los Angeles, CA 90059
3201 E Pico Blvd, Los Angeles, CA 90023
$655,000
-- Beds
-- Baths
1870 Sq.Ft.
3201 E Pico Blvd
Los Angeles, CA 90023
1607 E 4th St, Los Angeles, CA 90033
$600,000
-- Beds
-- Baths
2398 Sq.Ft.
1607 E 4th St
Los Angeles, CA 90033
300 S Pecan St, Los Angeles, CA 90033
$599,999
-- Beds
-- Baths
1306 Sq.Ft.
300 S Pecan St
Los Angeles, CA 90033

Recently Sold Homes Near 2918 W Florence Ave

2813 W Florence Ave, Los Angeles, CA 90043
$750,000 Last Sold Price
-- Beds
-- Baths
1940 Sq.Ft.
2813 W Florence Ave
Los Angeles, CA 90043
2618 W Florence Ave, Los Angeles, CA 90043
$550,000 Last Sold Price
-- Beds
-- Baths
2350 Sq.Ft.
2618 W Florence Ave
Los Angeles, CA 90043
2501 W Florence Ave, Los Angeles, CA 90043
$1,120,000 Last Sold Price
-- Beds
-- Baths
4808 Sq.Ft.
2501 W Florence Ave
Los Angeles, CA 90043
2151 Florence Ave, Los Angeles, CA 90047
$2,400,000 Last Sold Price
-- Beds
-- Baths
7946 Sq.Ft.
2151 Florence Ave
Los Angeles, CA 90047

Related Resources to 2918 W Florence Ave

New Listings in 90043
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote