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2923 S Western Ave, Los Angeles, CA 90018
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2923 S Western Ave Los Angeles, CA 90018

$1,100,000 Sold Price as of 05/15/2023
  • 4 Beds
  • 3 Baths
  • 2,489 Sq.Ft.
Sold
$1,100,000 Sold Price as of 05/15/2023 Refinance Your Mortgage
Map preview of 2923 S Western Ave, Los Angeles, CA 90018

Property Overview: 2923 S Western Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 2,489 living square feet and 7,542 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BACK ON THE MARKET, SUBJECT TO CANCELLATION OF CURRENT ESCROW. BUYER IS NOT PERFORMING. THE BUYER DECIDED TO MOVE FORWARD WITH THE TRANSACTION. NO ESCROW CANCELATION. $54K PRICE REDUCTION. FOR INVESTORS OR OWNER OCCUPIED. Come to see this charming duplex. Corner lot. Property located in the Jefferson Park-Historic Preservation Overlay Zone HPOZ. This 2 level duplex with historic architectural detail has 1 bedroom 1 1/2 bathrooms and a small un-permitted storage room on the first level and 3 bedrooms and 2 bathrooms on the 2nd level. The 2nd upper bathroom was added in 2020. One of the 4 bedrooms is used as a living room. The property is gated. It has a nice size front lawn and concrete paved rear with a capacity for 9-10 cars parking. Updated wood fence and cement flooring in the parking area. Upgrades include new sewer, new electrical system, new plumbing, new flooring, energy cost saving ductless mini-split system wall mounted A/C & heater units in every room, new landscaping. PROPERTY HAS AN OUTDOOR EV (ELECTRICAL VEHICLE) CHARGER. Easy access to DTLA, Metro & train, LAX, Silicon Beach, Santa Monica, Marina Del Rey, Venice, Culver City, Sony Studios, Google, Facebook, USC, Stadium, Staples center, Korea Town. Awesome opportunity for an owner-user to live in one home and rent the second unit or for a savvy investor who can rent both units at market prices or for a large family. Zoning: C2-1VL-O-HPOZ-CPIO as per zimas.lacity.org. All buyers to conduct their own investigations to confirm and verify the information provided in this MLS listing. Make sure to explore the 3D Matterport video from the "360" Virtual tour link.

Listed by Rosyclar Riera | BRE #01458701 | Keller Williams South Bay
Co-listed by Patricia Davis | BRE #02041270 | Keller Williams South Bay
Last checked: 12 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 70

Home details

Lot Sq. Ft
7,542
HOA Dues
$0/mo
Year built
1914
Garage
10 Car
Property Type:
Duplex
Status
Sold
MLS#
SB22259058
City
Los Angeles
County
Los Angeles
Time on Site
513 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 6
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 4
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,800
  • Gas/Fuel: $300
  • New Taxes: $12,500
  • Trash: $200
  • Cable TV: $150
  • Gardener: $3,130
  • Insurance: $800
  • Other Expenses: $3,600
  • Other Expense Description: Askagent

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 2923 S Western Ave

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • Dryer Included, In Kitchen, Washer Included
Room Information
  • Flooring: Tile
  • Basement, Kitchen, Laundry, Master Bathroom, Master Bedroom, Separate Family Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater, Water Line to Refrigerator
Interior Features
  • Quartz Counters
  • Levels: Two
  • Window Features: Custom Covering, Drapes
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 10
  • # of Parking Spaces: 20
  • Has Parking
  • Parking Features: Paved, Gated, Private
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5053004036
  • Year Built Source: Assessor
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Between 29th Pl & Western Ave.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 2923 S Western Ave

Last sold for $1,100,000 on May 15th, 2023

  • May, 2023

  • May 15, 2023

    Date

    Sold

    CRMLS: SB22259058

    $1,100,000

    Price

  • Dec 23, 2022

    Date

    Active

    CRMLS: SB22259058

    $1,249,000

    Price

  • December, 2020

  • Dec 18, 2020

    Date

    Sold

    CRMLS: SB20094287

    $910,000

    Price

  • Dec 10, 2020

    Date

    Pending

    CRMLS: SB20094287

    $895,000

    Price

  • Dec 4, 2020

    Date

    Active Under Contract

    CRMLS: SB20094287

    $895,000

    Price

  • Dec 4, 2020

    Date

    Active

    CRMLS: SB20094287

    $895,000

    Price

  • Dec 4, 2020

    Date

    Expired

    CRMLS: SB20094287

    $895,000

    Price

  • Dec 3, 2020

    Date

    Active

    CRMLS: SB20094287

    $895,000

    Price

  • Oct 28, 2020

    Date

    Active Under Contract

    CRMLS: SB20094287

    $895,000

    Price

  • Jun 27, 2020

    Date

    Price Change

    CRMLS: SB20094287

    $895,000

    Price

  • May 21, 2020

    Date

    Active

    CRMLS: SB20094287

    $960,000

    Price

  • Listing provided courtesy of CRMLS

    BACK INTO THE MARKET. "SUBJECT TO CURRENT ESCROW CANCELLATION". CURRENT BUYERS ARE NOT PERFORMING. THEIR LOSS, YOUR GAIN! MOTIVATED SELLERS. Charming duplex. Corner lot. Income property located in the Jefferson Park-Historic Preservation Overlay Zone HPOZ. This 2 level duplex with historic architectural detail has 1 bedroom 1 1/2 bathrooms in the first level and 4 bedrooms and 1 bathroom in the 2nd level. One of the 4 bedrooms is used as a living room. The property is gated. It has a nice size front lawn and concrete paved rear with a capacity for 9-10 cars parking. Updated wood fence and cement flooring in the parking area. Easy access to DTLA, Metro & train, LAX, Silicon Beach, Santa Monica, Marina Del Rey, Venice, Culver City, Sony Studios, Google, Facebook, USC, Stadium, Staples center, Korea Town. Awesome opportunity for an owner-user to live in one home and rent the second unit or for a savvy investor who can rent both units at market prices. Zoning: C2-1VL-O-HPOZ-CPIO as per zimas.lacity.org. All buyers to conduct their own investigations to confirm and verify the information provided in this MLS listing.

  • December, 2020

  • Dec 16, 2020

    Date

    Sold (Public Records)

    Public Records

    $910,000

    Price

  • April, 2001

  • Apr 16, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2923 S Western Ave

Assessed Value (2020): $788,000
Year Land Value Improved Value Assessed Value
2020 $575,900 $212,100 $788,000

Home Value Compared to the Market

This property vs the competition

2923 S Western Ave sold on May 15, 2023 for 0.42% 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 $480.11 per/sqft which puts the price per square foot 36.41% lower than the current median sale per square foot for the city of Los Angeles.

About 2923 S Western Ave

Detailed summary of property

2923 S Western Ave is a duplex that recently sold in Los Angeles, CA 90018. This duplex offered 4 bedrooms, 3 bathrooms, roughly 2,489 living square feet, and sits on an approximately 7,542 square foot lot. 2923 S Western Ave was first listed on ArdentRealEstateGroup.com on December 23, 2022. The homeowner sold the property for $1,100,000. 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 0.42% higher than the current median priced home. Local homes that are currently for sale include 1689 W 24th St, 2012 S La Salle Ave and 1301 W 36th St. While the average home in Los Angeles, CA is selling in 92 days, 2923 S Western Ave has a days on market of 70 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2923 S Western Ave 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 2923 S Western Ave

Public county record property details
Beds
4
Baths
3
Year built
1914
Sq. Ft.
2,489
Lot Size
7,541
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
122,123
APN
5053-004-036

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
$949,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
52
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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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