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2951 Francis Ave, Los Angeles, CA 90005
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2951 Francis Ave Los Angeles, CA 90005

$2,650,000
  • 15 Beds
  • 11 Baths
  • 5,502 Sq.Ft.
For Sale
$2,650,000 Get Pre-Qualified
Map preview of 2951 Francis Ave, Los Angeles, CA 90005

Property Overview: 2951 Francis Ave Los Angeles, CA has 15 bedrooms, 11 bathrooms, 5,502 living square feet and 6,753 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: REAL BROKER LLC is Proud to present A CASH COW OPPORTUNITY SALE OF 4 TURN-KEY PROPERTY WITH RTI READY TO GO ADU PLANS FOR 2 BED 2 BATH PLUS 1 BED 1 BATH REAR DETACHED BUILDING ADUs. SELLER HAS 2 ESTIMATE COST OF CONSTRUCTION AT $160 PER SQ FEET. FRONT FOUR-UNITS ARE FULLY RENOVATED/TURN KEY APARTMENT COMMUNITY LOCATED 2951 Francis Avenue. SPRAWLING RESTRANTS NEARBY AND SUPERMARKET, FLOWER SHOP, BUS STOPS, FEW BLOCKS FROM STARBUCKS AND METRO STATION. The subject property is located just south of 8th Street within the desirable Koreatown sub-market. Situated on a 6,751 square foot parcel, the property is comprised entirely of three-bedroom units. New ownership has the ability to add two accessory dwelling units (ADU's) TOTALLING 1,650 SF., for a two-bedroom and one-bedroom unit. ADU Permits are "RTI" Status. Current Ownership has extensively renovated all units with stainless-steel kitchen appliances, new flooring, in unit washer/dryers, AC systems in each bedroom & more. ALL ROOMS ARE LARGE SIZES. The continued gentrification of the surrounding area along with the rare opportunity to acquire a fully rehabbed, luxury apartment community with a healthy income stream makes 2951 Francis Avenue an excellent acquisition opportunity FOR THOSE WHO ARE LOOKING TO DO 1031 EXCHANGE OR A NEW PURCHASE TO MAKE YOUR $$$ GO FARTHER, CREATING GENERATIONAL WEALTH.

Listed by Max Lee | BRE #01905008 | Real Broker
Last checked: 4 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 29
Get a $9,938 Cash Reward New

Buy this home with Ardent Real Estate Group and get $9,938 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
6,753
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24376665
City
Los Angeles
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,800
  • Total Rent: $3,800
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,450
  • Total Rent: $3,450
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.8%
  • Gross Rent Multiplier: 12.24
  • Gross Scheduled Income: --
  • Net Operating Income: $169,500
  • Gross Operating Income: $169,500
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 2951 Francis Ave

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Property Details for 2951 Francis Ave

Interior Features
Cooling Information
  • Has Cooling
  • Dual
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5077023005
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of 8th Street and East of Vermont Aven,
View more facts & features

Local Los Angeles Agent

Sale History for 2951 Francis Ave

Last leased for $3,500 on August 1st, 2023

  • April, 2024

  • Apr 4, 2024

    Date

    Active

    CRMLS: 24376665

    $2,650,000

    Price

  • March, 2024

  • Mar 31, 2024

    Date

    Expired

    CRMLS: 24353195

    $3,500

    Price

  • Jan 30, 2024

    Date

    Active

    CRMLS: 24353195

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    NEWLY 2022 RENOVATED. LIMITED TIME PROMOTION, CREDIT OF $300/MO. FOR 12 MONTH FOR ALL QUALIFIED APPLICANTS, LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. less $300, total monthly rental will be $3,500/mo)

  • March, 2024

  • Mar 12, 2024

    Date

    Active

    CRMLS: 24368081

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    SPECIAL PROMOTION!!! 6 WEEKS FREE WITH 15 MONTH LEASE. (WORKS OUT TO $3,420/MO.) NEWLY REMODELED, LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. less 6 WEEKS FREE ON 15 MONTH LEASE. it works out to $3,420/month)

  • March, 2024

  • Mar 6, 2024

    Date

    Canceled

    CRMLS: 23342299

    $3,600

    Price

  • Dec 29, 2023

    Date

    Active

    CRMLS: 23342299

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    NEWLY 2022 RENOVATED. LIMITED TIME PROMOTION, CREDIT OF $200/MO. FOR 12 MONTH FOR ALL QUALIFIED APPLICANTS, LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. less $200, total monthly rental will be $3,600/mo)

  • February, 2024

  • Feb 12, 2024

    Date

    Expired

    CRMLS: 23295455

    $2,550,000

    Price

  • Jul 28, 2023

    Date

    Active

    CRMLS: 23295455

    $2,750,000

    Price

  • Listing provided courtesy of CRMLS

    I am pleased to offer for sale a four-unit fully renovated apartment community located at 2951 Francis Avenue. The subject property is located just south of 8th Street within the desirable Koreatown sub-market. Situated on a 6,751 square foot parcel, the property is comprised entirely of three-bedroom units. New ownership has the ability to add two accessory dwelling units (ADU's), for a two-bedroom and one-bedroom unit. ADU Permits are "RTI" Status. Current Ownership has extensively renovated all units with stainless-steel kitchen appliances, new flooring, in unit washer/dryers, AC systems in each bedroom & more. The continued gentrification of the surrounding area along with the rare opportunity to acquire a fully rehabbed, luxury apartment community with a healthy income stream makes 2951 Francis Avenue an excellent acquisition opportunity.

  • January, 2024

  • Jan 8, 2024

    Date

    Canceled

    CRMLS: 23335033

    $3,800

    Price

  • Nov 27, 2023

    Date

    Active

    CRMLS: 23335033

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    Experience urban luxury in this recently remodeled 3-bed, 2-bath, 1,400 sq ft Koreatown residence. FOR A LIMITED TIME, RECEIVE A $200/MONTH CREDIT FOR 12 MONTHS WITH A CREDIT SCORE OVER 750. Conveniently located near Downtown LA, USC, and major freeways (10, 101, 110), ensuring a seamless commute. Enjoy opulence with high-end appliances, including a washer, dryer, microwave, refrigerator, and dishwasher. Don't miss this extraordinary opportunity! Make this newly remodeled haven your home in one of the most vibrant areas of Los Angeles. Elevate your lifestyle today!

  • November, 2023

  • Nov 27, 2023

    Date

    Canceled

    CRMLS: 23302903

    $3,800

    Price

  • Aug 21, 2023

    Date

    Active

    CRMLS: 23302903

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    NEWLY REMODELED, (LIMITED TIME ONLY, CREDIT OF $200/MO. FOR 12 MONTH FOR ALL APPLICANTS WITH CREDIT SCORE OVER 750.) LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! Move in available from 09/04/23

  • August, 2023

  • Aug 1, 2023

    Date

    Leased

    CRMLS: 23273761

    $3,500

    Price

  • May 24, 2023

    Date

    Active

    CRMLS: 23273761

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    LIMITED TIME OFFER!!! SPECIAL !!! 1 MONTH FREE WITH 13 MONTH LEASE. (WORKS OUT TO $3,500/MONTH) 2023 NEWLY REMODELED, LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. after 13 month it works out to $3,500/month)

  • August, 2023

  • Aug 1, 2023

    Date

    Leased

    CRMLS: 23279455

    $3,500

    Price

  • Jun 11, 2023

    Date

    Active

    CRMLS: 23279455

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    LIMITED TIME OFFER!!! SPECIAL !!! 1 MONTH FREE WITH 13 MONTH LEASE. (WORKS OUT TO $3,500/MONTH) 2023 NEWLY REMODELED, LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. after 13 month it works out to $3,500/month)

  • June, 2023

  • Jun 15, 2023

    Date

    Leased

    CRMLS: 23262539

    $3,800

    Price

  • Apr 20, 2023

    Date

    Active

    CRMLS: 23262539

    $3,500

    Price

  • Listing provided courtesy of CRMLS

    LIMITED TIME OFFER!!! SPECIAL!!! 1 MONTH FREE WITH 13 MONTH LEASE. (WORKS OUT TO $3,500.00/MONTH) NEWLY REMODELED, LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. FREE WIFI. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. after 13 month it works out to $3,500/month)

  • June, 2023

  • Jun 1, 2023

    Date

    Expired

    CRMLS: 23251287

    $3,500

    Price

  • Mar 15, 2023

    Date

    Active

    CRMLS: 23251287

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    LIMITED TIME OFFER!!! SPECIAL!!! 1 MONTH FREE WITH 13 MONTH LEASE. (WORKS OUT TO $3,500.00/MONTH) 2022 NEWLY REMODELED, LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. after 13 month it works out to $3,500/month)

  • May, 2023

  • May 1, 2023

    Date

    Expired

    CRMLS: 23245622

    $3,500

    Price

  • Feb 27, 2023

    Date

    Active

    CRMLS: 23245622

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    LIMITED TIME OFFER!!! SPECIAL !!! 1 MONTH FREE WITH 13 MONTH LEASE. (WORKS OUT TO $3,500/MONTH) 2022 NEWLY REMODELED, LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. after 13 month it works out to $3,500/month)

  • March, 2023

  • Mar 16, 2023

    Date

    Expired

    CRMLS: BB22225501

    $3,483

    Price

  • Oct 19, 2022

    Date

    Active

    CRMLS: BB22225501

    $3,657

    Price

  • Listing provided courtesy of CRMLS

    Now offering ONE MONTH FREE!! Current listed price is accounting for the move-in special; actual rent will be $3,800. Be the first to live in and love the new renovations of this beautiful apartment! Amazing natural lighting to compliment the bright flooring and stainless-steel kitchen appliances. Not to mention the brand new in-unit washer/dryer, along with personal AC systems for each bedroom!! Parking is tandem (two spots), but there’s plenty of convenience with restaurants, bars, and retail stores just walking distance away! Vermont Ave is an incredible area of Koreatown, and you're located right off of it! Check out great food spots like Soowon Galbi, Crab House, Park's BBQ and so much more! You're also a couple blocks from the Wilshire/Vermont Metro Station! Don't miss your chance on this home!

  • October, 2022

  • Oct 17, 2022

    Date

    Canceled

    CRMLS: 22186467

    $3,800

    Price

  • Aug 4, 2022

    Date

    Active

    CRMLS: 22186467

    $3,800

    Price

  • Listing provided courtesy of CRMLS

    2022 NEWLY REMODELED, (LIMITED TIME ONLY, CREDIT OF $200/MO. FOR 12 MONTH FOR ALL APPLICANTS WITH CREDIT SCORE OVER 750.) LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. less $200, total monthly rental will be $3,600/mo)

  • October, 2022

  • Oct 17, 2022

    Date

    Canceled

    CRMLS: 22174005

    $3,800

    Price

  • Jun 30, 2022

    Date

    Active

    CRMLS: 22174005

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    2022 NEWLY REMODELED, (LIMITED TIME ONLY, CREDIT OF $200/MO. FOR 12 MONTH FOR ALL APPLICANTS WITH CREDIT SCORE OVER 750.) LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. less $200, total monthly rental will be $3,600/mo)

  • August, 2022

  • Aug 30, 2022

    Date

    Leased

    CRMLS: 22177083

    $3,800

    Price

  • Jul 9, 2022

    Date

    Active

    CRMLS: 22177083

    $3,600

    Price

  • Listing provided courtesy of CRMLS

    2022 NEWLY REMODELED, (LIMITED TIME ONLY, CREDIT OF $200/MO. FOR 12 MONTH FOR ALL APPLICANTS WITH CREDIT SCORE OVER 750.) LARGE 3 BEDROOM & 2 BATHROOM, OVER 1,400 sf OF LIVING SPACE. You will be the first tenant to live in! We are located in heart of Korea Town in Los Angeles. one of LA's trendiest neighborhoods, while moments from the cultural vibrancy of Downtown Los Angeles. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Koreatown and Mid Wilshire are renowned for their nightlife and dining options! Very close to Downtown & USC, Freeway10, 101, and 110 nearby. This apartment home is complete with high-end appliances, Washer, Dryer, Microwave, Refrigerator, and Dishwasher!!! MOVE IN READY!!!! MOVE-IN NOW!!!! DON'T MISS OUT!!! (ONLY TO QUALIFIED APPLICANTS. Monthly rent is $3,800/mo. less $200, total monthly rental will be $3,600/mo)

  • December, 2018

  • Dec 4, 2018

    Date

    Canceled

    CRMLS: 18412550

    $2,100

    Price

  • Dec 3, 2018

    Date

    Active

    CRMLS: 18412550

    $2,100

    Price

  • Listing provided courtesy of CRMLS

    LARGE 2 BEDROOM & 1 BATHROOM, ORIGINAL CONDITION, MODERATE UPGRADES, & NEW PAINT. MOVE IN DATE TO BE 1/10/2019. CURRENTLY, TENANT OCCUPIED. BEST PRICE FOR 2 BEDROOMS IN TOWN!! ASSIGNED PARKING FOR 2 CARS. CLOSE TO SHOPS, MARKETS, & RESTAURANTS *** LIMITED TIME ONLY, NO APPLICATION FEE!! ***

  • June, 2015

  • Jun 1, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,010,000

    Price

  • January, 2013

  • Jan 29, 2013

    Date

    Sold (Public Records)

    Public Records

    $790,000

    Price

Show More

Tax History for 2951 Francis Ave

Assessed Value (2020): $986,781
Year Land Value Improved Value Assessed Value
2020 $767,457 $219,324 $986,781

Home Value Compared to the Market

This property vs the competition

2951 Francis Ave is listed 116.33% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $481.64 per/sqft which puts the price per square foot 37.77% lower than the median price per square foot for the city of Los Angeles.

About 2951 Francis Ave

Detailed summary of property

2951 Francis Ave is a multi family located in Los Angeles, CA 90005 and is currently for sale. This multi family property offers 15 bedrooms, 11 bathrooms, roughly 5,502 living square feet, and sits on an approximately 6,753 square foot lot. 2951 Francis Ave was first listed on ArdentRealEstateGroup.com on April 5, 2024. The homeowner is currently asking $2,650,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 116.33% higher than the median priced home. Local competing homes currently for sale include 1037 S Bonnie Brae St, 198 S Commonwealth Ave and 1139 S Kingsley Dr. While the average home in Los Angeles, CA is selling in 96 days, 2951 Francis Ave has a days on market of 29 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2951 Francis 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 2951 Francis Ave

Public county record property details
Beds
8
Baths
4
Year built
1921
Sq. Ft.
5,502
Lot Size
6,750
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5077-023-005

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.
$629
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
29
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%)

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(714) 706-1823
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$2,950,000
14 Beds
14 Baths
6166 Sq.Ft.
1243 S Catalina St
Los Angeles, CA 90006
1142 S Mariposa Ave, Los Angeles, CA 90006
$2,600,000
10 Beds
9 Baths
4168 Sq.Ft.
1142 S Mariposa Ave
Los Angeles, CA 90006

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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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