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338 N Western Ave, Los Angeles, CA 90004
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338 N Western Ave Los Angeles, CA 90004

$3,375,000 Sold Price as of 01/06/2021
  • -- Beds
  • -- Baths
  • 6,548 Sq.Ft.
Sold
$3,375,000 Sold Price as of 01/06/2021 Refinance Your Mortgage
Map preview of 338 N Western Ave, Los Angeles, CA 90004

Property Overview: 338 N Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 6,548 living square feet and 11,635 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Delivered vacant at close of escrow. This versatile property encompasses +/-11,635 sqft. of land & one building with +/-6,548 sqft. of interior space. The current building features multiple office spaces, social rooms, meeting rooms, high ceilings, & 1-bedroom apartment with its own elevator. 6 bathrooms throughout facility, industrial-grade kitchen with dining hall, the property is fully handicap accessible including all bathrooms, doorways etc. Full camera/alarm system throughout, 5 HVAC systems for each zone of the building, two 220V panels, & 14 gated parking spaces. Additional parking up to 40 spaces. Ideal medical offices, retail store fronts, specialty use. The site is zoned LAC2-1 allowing for a variety of mixed-use or affordable development projects, & benefits. Perfect development site or owner/user in a prime high traffic location. Great Hollywood submarket that has seen tremendous growth & development of mixed-use & entertainment with increasing rents & property values.

Listed by Danny Mahelka | BRE #01170359 | Coldwell Banker Realty
Last checked: 10 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 94

Home details

Lot Sq. Ft
11,635
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
20575300
City
Los Angeles
County
Los Angeles
Time on Site
337 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 338 N Western Ave

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Inside, Individual Room
Interior Features
  • Security Features: Fire and Smoke Detection System, Gated Community, Guarded, Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 14
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5521027010
Location / Neighborhood
Location Information
  • Directions: North of Beverly Blvd. & East of N. Western Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 338 N Western Ave

Last sold for $3,375,000 on January 6th, 2021

  • January, 2021

  • Jan 8, 2021

    Date

    Canceled

    CRMLS: 20589378

    $3,600,000

    Price

  • Jul 8, 2020

    Date

    Price Change

    CRMLS: 20589378

    $3,600,000

    Price

  • Jun 10, 2020

    Date

    Active

    CRMLS: 20589378

    $3,850,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2021

  • Jan 6, 2021

    Date

    Sold (Public Records)

    Public Records

    $3,375,000

    Price

  • January, 2021

  • Jan 6, 2021

    Date

    Sold

    CRMLS: 20575300

    $3,375,000

    Price

  • May 1, 2020

    Date

    Active

    CRMLS: 20575300

    $3,850,000

    Price

  • May, 2002

  • May 15, 2002

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

Show More

Tax History for 338 N Western Ave

Assessed Value (2020): $1,097,617
Year Land Value Improved Value Assessed Value
2020 $810,477 $287,140 $1,097,617

Home Value Compared to the Market

This property vs the competition

338 N Western Ave sold on January 6, 2021 for 202.52% 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 $549.79 per/sqft which puts the price per square foot 27.18% lower than the current median sale per square foot for the city of Los Angeles.

About 338 N Western Ave

Detailed summary of property

338 N Western Ave is a mixed use that recently sold in Los Angeles, CA 90004. This mixed use property offered -- bedrooms, -- bathrooms, roughly 6,548 living square feet, and sits on an approximately 11,635 square foot lot. 338 N Western Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $3,375,000. 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 202.52% higher than the current median priced home. Local homes that are currently for sale include 5908 Crenshaw Blvd, 4140 Eagle Rock Blvd and 5975 S Broadway. While the average home in Los Angeles, CA is selling in 94 days, 338 N Western Ave has a days on market of 94 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 338 N Western Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 338 N Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1921
Sq. Ft.
6,548
Lot Size
11,634
Stories
1
Type
Homes (Retired; Handicap, Rest; Convalescent; Nursing)
Pool
No
Spa
No
County
Los Angeles
Lot#
103
APN
5521-027-010

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,388,000
Median List Price/Sq.Ft.
$810
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
64
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), 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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