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3031 W Olympic Blvd, Los Angeles, CA 90006
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3031 W Olympic Blvd Los Angeles, CA 90006

$2,100,000 Sold Price as of 11/25/2019
  • 0 Beds
  • 0 Baths
  • 4,324 Sq.Ft.
Sold
$2,100,000 Sold Price as of 11/25/2019 Refinance Your Mortgage
Map preview of 3031 W Olympic Blvd, Los Angeles, CA 90006

Property Overview: 3031 W Olympic Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 4,324 living square feet and 4,323 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent Opportunity Zone in Highly Coveted Location of Koreatown. Olympic and Normandie. New Developments are sprawling with thousands of new apartment and condo units in the area right now. DELIVERED RTI in one of the most Densely populated areas of Los Angeles. Plans to build 14 units, (1) Studio, (4) 1+1 and (9) 2+2. Take advantage of TOC Tier 3, Density bonus 70%. C2-1 Zoning. Profitable income producing Development Opportunity. 7 Automobile Parking spaces and 16 Bike spaces. Metro stations and public transportation are walking distance. Wilshire/Normandie Transit/Subway Station (Purple Line). Walk score 93. Hurry, this project will NOT last long!!!

Listed by John C. Pak | BRE #01898649 | JP Investment Real Estate Grou
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 45

Home details

Lot Sq. Ft
4,323
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19515884
City
Los Angeles
County
Los Angeles
Time on Site
1207 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 0
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 0
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Improvements Total: $112,561
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3031 W Olympic Blvd

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • No Laundry
  • None
Kitchen Information
  • No Appliances
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Other
Property Information
  • Parcel Number: 5080032009
Location / Neighborhood
Location Information
  • Directions: Olympic and Normandie
View more facts & features

Local Los Angeles Agent

Sale History for 3031 W Olympic Blvd

Last sold for $2,100,000 on November 25th, 2019

  • November, 2019

  • Nov 25, 2019

    Date

    Sold

    CRMLS: 19515884

    $2,100,000

    Price

  • Nov 22, 2019

    Date

    Pending

    CRMLS: 19515884

    $2,200,000

    Price

  • Nov 14, 2019

    Date

    Active Under Contract

    CRMLS: 19515884

    $2,200,000

    Price

  • Sep 30, 2019

    Date

    Active

    CRMLS: 19515884

    $2,200,000

    Price

  • November, 2019

  • Nov 25, 2019

    Date

    Sold (Public Records)

    Public Records

    $2,100,000

    Price

  • September, 2018

  • Sep 14, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,600,000

    Price

Show More

Tax History for 3031 W Olympic Blvd

Assessed Value (2020): $2,100,000
Year Land Value Improved Value Assessed Value
2020 $1,800,000 $300,000 $2,100,000

Home Value Compared to the Market

This property vs the competition

3031 W Olympic Blvd sold on November 25, 2019 for 84.87% 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 $508.79 per/sqft which puts the price per square foot 32.61% lower than the current median sale per square foot for the city of Los Angeles.

About 3031 W Olympic Blvd

Detailed summary of property

3031 W Olympic Blvd is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered -- bedrooms, -- bathrooms, roughly 4,324 living square feet, and sits on an approximately 4,323 square foot lot. 3031 W Olympic Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,100,000. 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 84.87% higher than the current median priced home. Local homes that are currently for sale include 2885 Francis Ave, 826 S Gramercy Pl and 1041 Elden Ave. While the average home in Los Angeles, CA is selling in 96 days, 3031 W Olympic Blvd has a days on market of 45 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 3031 W Olympic Blvd Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3031 W Olympic Blvd

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
4,324
Lot Size
4,323
Stories
1
Type
Food Processing (Candy; Bakery; Potato Chips)
Pool
No
Spa
No
County
Los Angeles
Lot#
12,13
APN
5080-032-009

The source for these homes facts are from public records.

90006 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.
$606
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
32
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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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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