3201 W Florence Ave, Los Angeles, CA 90043
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3201 W Florence Ave Los Angeles, CA 90043

$1,000,000
  • 0 Beds
  • 0 Baths
  • 3,467 Sq.Ft.
For Sale
$1,000,000 Get Pre-Qualified

Map preview of 3201 W Florence Ave, Los Angeles, CA 90043

Property Overview: 3201 W Florence Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,467 living square feet and 2,270 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 is a mixed use property that includes both commercial and residential units. It used to be a 4 unit building that was converted into a 5 unit by making one of the downstairs unit into 2 units. The property sits on a corner lot and is very centrally located. It is an income producing property with great upside potential.

Listed by Brandon Hauer | BRE #01741530 | Brandon Hauer Real Estate Group
Last checked: 6 minutes ago | Last updated: March 23rd, 2024 | Source CRMLS | DOM: 31
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Home details

Lot Sq. Ft
2,270
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24361217
City
Los Angeles
County
Los Angeles
Time on Site
69 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • 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
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3201 W Florence Ave

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
Property Information
  • Total # of Units: 5
  • Parcel Number: 4006031012
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: W Florence Ave and 10th Ave
View more facts & features

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Sale History for 3201 W Florence Ave

Last sold for $531,000 on February 9th, 2021
  • February, 2024

  • Feb 22, 2024

    Date

    Active

    CRMLS: 24361217

    $1,000,000

    Price

  • July, 2022

  • Jul 13, 2022

    Date

    Active

    CRMLS: 22183489

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    KingSide Investment Group of Keller Williams DTLA is proud to announce 3201 W. Florence Avenue a residential mixed-use building situated on approximately 2,270 square feet of land (0.05 acres) in the heart of the Hyde Park neighborhood of Los Angeles. Unit composition includes three (3) commercial, one (1) two-bedroom/one-bath, and one (1) non-conforming one-bedroom/one-bath units.

  • February, 2021

  • Feb 9, 2021

    Date

    Sold (Public Records)

    Public Records

    $531,000

    Price

  • February, 2021

  • Feb 9, 2021

    Date

    Sold

    CRMLS: 20627030

    $531,000

    Price

  • Sep 17, 2020

    Date

    Active

    CRMLS: 20627030

    $549,000

    Price

  • Listing provided courtesy of CRMLS

    Probate Sale - NO Court Confirmation Required!Mixed-Use building located on a corner lot with three street level retail storefronts and one residential 2 bdr. - 2 bth. unit on the second level. Building is approx. 3,467SF. and the lot is approx. 2,270. Desirable property with upside potential located 1½ blocks from Crenshaw and public transportation. Currently one storefront is vacant, and one soon to be vacant-- great opportunity for an owner user. Both retail storefront and the residential unit are on month-to-month leases. Property is located on a major thoroughfare with high traffic count, and only 1½ blocks from Crenshaw Blvd. Only minutes to the new developments in Inglewood and the new Crenshaw/Lax Metro lines. Note: Assessors' records do not show any bedrooms or bathrooms. This is a Probate Sale sold, "AS IS - WHERE IS", and does NOT require court confirmation!

  • May, 2020

  • May 1, 2020

    Date

    Active

    CRMLS: 20575374

    $680,000

    Price

  • Listing provided courtesy of CRMLS

    Probate Sale - NO Court Confirmation Required!Mixed-Use building located on a corner lot with three street level retail storefronts and one residential 2 bdr. - 2 bth. unit on the second level. Building is approx. 3,467SF. and the lot is approx. 2,270. Desirable property with upside potential located 1½ blocks from Crenshaw and public transportation. Currently one storefront is vacant, and one soon to be vacant-- great opportunity for an owner user. Both retail storefront and the residential unit are on month-to-month leases. Property is located on a major thoroughfare with high traffic count, and only 1½ blocks from Crenshaw Blvd. Only minutes to the new developments in Inglewood and the new Crenshaw/Lax Metro lines. Note: Assessors' records do not show any bedrooms or bathrooms. This is a Probate Sale sold, "AS IS - WHERE IS", and does NOT require court confirmation!

  • August, 2017

  • Aug 22, 2017

    Date

    Sold

    CRMLS: PW17100817

    $450,000

    Price

  • Jul 25, 2017

    Date

    Pending

    CRMLS: PW17100817

    $515,000

    Price

  • May 30, 2017

    Date

    Price Change

    CRMLS: PW17100817

    $515,000

    Price

  • May 8, 2017

    Date

    Active

    CRMLS: PW17100817

    $535,000

    Price

  • Listing provided courtesy of CRMLS

    THIS IS A MIXED USE PROPERTY CONSISTING OF 4 UNITS. TOP UNIT IS A TWO BEDROOM/ TWO BATHROOM; UNIT TWO, THREE AND FOUR ARE GROUND LEVEL COMMERCIAL UNITS, WITH 2 AND 3 CURRENTLY BEING USE AS A BEAUTY SHOP AND BARBER SHOP. EASY ACCESS TO 110, 105 AND 405 FREEWAYS. CLOSE PROMIXITY TO THE CURRENT AND FUTURES HOMES OF THE LA CHARGERS! ALSO, COMING SOON IS THE NEW MTA CRENSHAW LIGHT RAIL LINE. EXCELLENT INVESTMENT OPPORTUNITY.

  • August, 2017

  • Aug 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

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Tax History for 3201 W Florence Ave

Assessed Value (2020): $468,180
Year Land Value Improved Value Assessed Value
2020 $364,140 $104,040 $468,180

Home Value Compared to the Market

This property vs the competition

3201 W Florence Ave is listed 18.37% lower 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 $288.43 per/sqft which puts the price per square foot 62.73% lower than the median price per square foot for the city of Los Angeles.

About 3201 W Florence Ave

Detailed summary of property

3201 W Florence Ave is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers -- bedrooms, -- bathrooms, roughly 3,467 living square feet, and sits on an approximately 2,270 square foot lot. 3201 W Florence Ave was first listed on ArdentRealEstateGroup.com on February 22, 2024. The homeowner is currently asking $1,000,000. 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 18.37% lower than the median priced home. Local competing homes currently for sale include 1728 W 64th St, 5700 S Gramercy Pl and 6131 S Hobart Blvd. While the average home in Los Angeles, CA is selling in 96 days, 3201 W Florence Ave has a days on market of 31 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 3201 W Florence Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3201 W Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
1939
Sq. Ft.
3,467
Lot Size
2,270
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
--
APN
4006-031-012

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$945,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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.