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3028 W 7Th St, Los Angeles, CA 90005
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3028 W 7Th St Los Angeles, CA 90005

$2,400,000 Sold Price as of 12/26/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$2,400,000 Sold Price as of 12/26/2023 Refinance Your Mortgage
Map preview of 3028 W 7Th St, Los Angeles, CA 90005

Property Overview: 3028 W 7Th St Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 9,296 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present 3028 W. 7th St. in the Koreatown submarket of Los Angeles. This rectangular lot is 9,295 SF and ideal for housing, mixed-use and commercial uses with direct access to 7th Street between Hoover and Vermont, and less than three miles from Downtown Los Angeles. The subject is zoned LAC2 and designated TOC Tier 3 for a 70% density bonus on the base density. Given the lot area and zoning a new project on the site may yield up to 41 multifamily units (buyer to verify). In addition, the property is located in a DDA/QCT and is ED 1 eligible.

Listed by Adam Peterson | BRE #01815802 | CB Richard Ellis, Inc.
Last checked: 10 minutes ago | Last updated: January 1st, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
9,296
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
23323587
City
Los Angeles
County
Los Angeles
Time on Site
213 days

Property Details for 3028 W 7Th St

Lot Details / Garage and Parking
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5077017003
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: East of Vermont, South of Wilshire
View more facts & features

Local Los Angeles Agent

Sale History for 3028 W 7Th St

Last sold for $2,400,000 on December 26th, 2023

  • December, 2023

  • Dec 26, 2023

    Date

    Sold

    CRMLS: 23323587

    $2,400,000

    Price

  • Oct 19, 2023

    Date

    Active

    CRMLS: 23323587

    $2,500,000

    Price

  • April, 1988

  • Apr 15, 1988

    Date

    Sold (Public Records)

    Public Records

    $232,502

    Price

Show More

Tax History for 3028 W 7Th St

Assessed Value (2020): $505,993
Year Land Value Improved Value Assessed Value
2020 $490,051 $15,942 $505,993

Home Value Compared to the Market

This property vs the competition

3028 W 7Th St sold on December 26, 2023 for 110.08% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3028 W 7Th St

Detailed summary of property

3028 W 7Th St is a land that recently sold in Los Angeles, CA 90005. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 9,296 square foot lot. 3028 W 7Th St was first listed on ArdentRealEstateGroup.com on October 20, 2023. The homeowner sold the property for $2,400,000. 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 110.08% higher than the current median priced home. Local homes that are currently for sale include 738 Kohler St, 833 N Las Palmas Ave and 1852 S La Brea Ave. While the average home in Los Angeles, CA is selling in 92 days, 3028 W 7Th St has a days on market of 8 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 3028 W 7Th St 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 3028 W 7Th St

Public county record property details
Beds
--
Baths
--
Year built
1968
Sq. Ft.
9,300
Lot Size
9,295
Stories
--
Type
Parking Lot
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
5077-017-003

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
$799,000
Median List Price/Sq.Ft.
$629
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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