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3101 S Western Ave, Los Angeles, CA 90018
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3101 S Western Ave Los Angeles, CA 90018

$2,260,000 Sold Price as of 02/11/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$2,260,000 Sold Price as of 02/11/2022 Refinance Your Mortgage
Map preview of 3101 S Western Ave, Los Angeles, CA 90018

Property Overview: 3101 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 11,317 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present 3101 S Western Ave, an 11,317sf Tier 1 TOC LAC2-2D zoned development site. Located near the intersection of Jefferson Blvd & Western Ave, the site is primed for a developer to build a high yield new construction development that is located within minutes of USC, West Adams, and DTLA. The neighborhood is experiencing a resurgence of development, creative offices, and numerous businesses are placing a foothold in this proven marketplace. As a new development site, the land is zoned C2 and is situated in a 2D height district with a Tier 1 TOC designation. According to LA City and TOC guidelines, a developer may have the opportunity to build 28 units by right, or 44 units by utilizing the Tier 1 TOC density bonuses. With its corner location and alley access, the property provides flexibility for parking layouts and ingress/egress for a new building. The property currently has a 2,805sf commercial building that will be delivered 100% vacant at the close of escrow. Contact listing brokers for additional information.

Listed by Casey Lins | BRE #01902650 | RE/MAX ESTATE PROPERTIES
Co-listed by CARLOS SANDOVAL | BRE #01775040 | SAND MANAGEMENT GROUP
Last checked: 15 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 22

Home details

Lot Sq. Ft
11,317
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
21103239
City
Los Angeles
County
Los Angeles
Time on Site
916 days

Property Details for 3101 S Western Ave

Lot Details / Garage and Parking
Property Information
  • Has View
  • View: City Lights
  • Parcel Number: 5053007001
Location / Neighborhood
Location Information
  • Directions: Google maps: 3101 S Western Ave. Los Angeles, CA 90018
View more facts & features

Local Los Angeles Agent

Sale History for 3101 S Western Ave

Last sold for $2,260,000 on February 11th, 2022

  • February, 2022

  • Feb 11, 2022

    Date

    Sold

    CRMLS: 21103239

    $2,260,000

    Price

  • Nov 8, 2021

    Date

    Active

    CRMLS: 21103239

    $2,195,000

    Price

  • June, 2019

  • Jun 17, 2019

    Date

    Sold

    CRMLS: SR19115488

    $760,000

    Price

  • May 22, 2019

    Date

    Pending

    CRMLS: SR19115488

    $650,000

    Price

  • May 19, 2019

    Date

    Active

    CRMLS: SR19115488

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Single story commercial property on corner of 31st/Western situated on a 11,000 square ft. lot with 2805 square ft. of building space. Very versatile property. The property is close to Exposition Park & LA Stadium at Hollywood Park. Strategically located near 110 & 10 freeway. Major cross streets Jefferson Blvd. and Western Ave. The building is in a high foot traffic location and within 5 miles to restaurants, hospitals, fire and police stations, businesses and shopping. Previously used as a church, previous to church used as medical office. Multiple restrooms are located within the unit. The property is gated and has both front and rear entry access. The building has a large rear parking lot with ample street parking available.

  • June, 2019

  • Jun 4, 2019

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • April, 1998

  • Apr 3, 1998

    Date

    Sold (Public Records)

    Public Records

    $185,000

    Price

Show More

Tax History for 3101 S Western Ave

Assessed Value (2020): $2,040,000
Year Land Value Improved Value Assessed Value
2020 $1,989,000 $51,000 $2,040,000

Home Value Compared to the Market

This property vs the competition

3101 S Western Ave sold on February 11, 2022 for 84.45% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 3101 S Western Ave

Detailed summary of property

3101 S Western Ave is a land that recently sold in Los Angeles, CA 90018. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 11,317 square foot lot. 3101 S Western Ave was first listed on ArdentRealEstateGroup.com on November 8, 2021. The homeowner sold the property for $2,260,000. 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 84.45% higher than the current median priced home. Local homes that are currently for sale include 8100 S Figueroa St, 738 Kohler St and 1222 N Beachwood Dr. While the average home in Los Angeles, CA is selling in 93 days, 3101 S Western Ave has a days on market of 22 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 3101 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 3101 S Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1970
Sq. Ft.
2,805
Lot Size
11,316
Stories
1
Type
Restaurant
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
5053-007-001

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
$950,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
51
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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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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