3123 S Grand Ave, Los Angeles, CA 90007
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3123 S Grand Ave Los Angeles, CA 90007

$1,850,000
  • 10 Beds
  • 4 Baths
  • 3,690 Sq.Ft.
For Sale
$1,850,000 Get Pre-Qualified

Map preview of 3123 S Grand Ave, Los Angeles, CA 90007

Property Overview: 3123 S Grand Ave Los Angeles, CA has 10 bedrooms, 4 bathrooms, 3,690 living square feet and 7,016 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: This property is a fully vacant 10 room single family home that has several uses to produce income. With USC a couple of blocks away and LA Trade Tech within 3/4 of a mile, this property can be used as student housing, Air Bnb, or rented as co-living space. There is a detached garage measuring approximately 360 sq.ft. that can potentially be converted to an ADU. This property has endless possibilities to generate income.

Listed by Henry Garcia | BRE #01303784 | Equity Union
Last checked: 8 minutes ago | Last updated: June 13th, 2024 | Source CRMLS | DOM: 13
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Home details

Lot Sq. Ft
7,016
HOA Dues
$0/mo
Year built
1901
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
24400509
City
Los Angeles
County
Los Angeles
Time on Site
12 days

Open Houses for 3123 S Grand Ave

No upcoming open houses

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Property Details for 3123 S Grand Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Entry, Living Room
Kitchen Information
  • Has Appliances
Bathroom Information
  • # of Baths (Full): 3
  • # of Baths (1/2): 2
  • # of Baths (1/4): 0
  • # of Baths (3/4): 1
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Garage
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5122019008
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Near the corner of Grand Ave & 33rd St
View more facts & features

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Sale History for 3123 S Grand Ave

Last sold for $1,700,000 on August 7th, 2020
  • June, 2024

  • Jun 10, 2024

    Date

    Active

    CRMLS: 24402271

    $12,000

    Price

  • Listing provided courtesy of CRMLS

    This home has 10 rooms and 6 baths totaling 3,690 sq.ft with a detached garage. Located just a few blocks from USC, and easy access to the 110 freeway. The home has a great set up for co-living space, student housing, or low income housing.

  • June, 2024

  • Jun 5, 2024

    Date

    Active

    CRMLS: 24400509

    $1,850,000

    Price

  • September, 2023

  • Sep 28, 2023

    Date

    Expired

    CRMLS: SR23033194

    $1,725,000

    Price

  • Feb 27, 2023

    Date

    Active

    CRMLS: SR23033194

    $1,725,000

    Price

  • Listing provided courtesy of CRMLS

    8 bedroom house on an M1 lot just 1/4 mile from USC. Perfect opportunity for student housing, co-living or non-profit. Easy access to 110 FWY. 4 min drive to the USC Village, Exposition Park and Coliseum.

  • January, 2023

  • Jan 1, 2023

    Date

    Expired

    CRMLS: 22200227

    $2,000,000

    Price

  • Sep 15, 2022

    Date

    Active

    CRMLS: 22200227

    $2,000,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity for an investor to purchase this vacant 8 room property located 1/4 mile from USC. You can master lease it to a low income housing provider, rent it as a co-living space or use as student housing.

  • August, 2020

  • Aug 7, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,700,000

    Price

  • December, 2018

  • Dec 17, 2018

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • June, 2018

  • Jun 2, 2018

    Date

    Expired

    CRMLS: OC17241656

    $999,000

    Price

  • May 25, 2018

    Date

    Active

    CRMLS: OC17241656

    $999,000

    Price

  • Apr 27, 2018

    Date

    Hold

    CRMLS: OC17241656

    $999,000

    Price

  • Apr 22, 2018

    Date

    Price Change

    CRMLS: OC17241656

    $999,000

    Price

  • Dec 29, 2017

    Date

    Price Change

    CRMLS: OC17241656

    $1,049,000

    Price

  • Oct 31, 2017

    Date

    Active

    CRMLS: OC17241656

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT INVESTMENT OPPORTUNITY! This property has so many options. Offering 8 bedrooms with 5 baths and 3 kitchens. Three levels and a basement. Located in walking distance to USC School and located in an industrial area.

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Tax History for 3123 S Grand Ave

Assessed Value (2020): $816,000
Year Land Value Improved Value Assessed Value
2020 $428,400 $387,600 $816,000

Home Value Compared to the Market

This property vs the competition

3123 S Grand Ave is listed 48% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $780 and this home is listed at $501.36 per/sqft which puts the price per square foot 35.72% lower than the median price per square foot for the city of Los Angeles.

About 3123 S Grand Ave

Detailed summary of property

3123 S Grand Ave is a single family home located in Los Angeles, CA 90007 and is currently for sale. This house offers 10 bedrooms, 4 bathrooms, roughly 3,690 living square feet, and sits on an approximately 7,016 square foot lot. 3123 S Grand Ave was first listed on ArdentRealEstateGroup.com on June 5, 2024. The homeowner is currently asking $1,850,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 48% higher than the median priced home. Local competing homes currently for sale include 900 W Olympic Blvd #29H, 877 Francisco St #1906 and 877 Francisco St #4106. While the average home in Los Angeles, CA is selling in 98 days, 3123 S Grand Ave has a days on market of 13 days. There are currently 3912 homes for sale in the Los Angeles real estate market and 2639 of them are single family homes while 1161 of them are condos and 105 are townhomes. For more information on this home for sale at 3123 S Grand Ave Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3123 S Grand Ave

Public county record property details
Beds
--
Baths
--
Year built
1901
Sq. Ft.
3,690
Lot Size
7,013
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5122-019-008

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,349,000
Median List Price/Sq.Ft.
$616
Median Sold Price
$1,000,000
Median Sold Price/Sq.Ft.
$410
Total Inventory
13
Median Sale to List Price %
100%
Avg Days on Market
81
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), 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.