3500 S Western Ave Los Angeles, CA 90018

$790,000 Sold Price as of 10/05/2017

-- Beds
-- Baths
2,812 Sq.Ft.

Off Market

$790,000 Sold Price as of 10/05/2017 Refinance Your Mortgage

Map preview of 3500 S Western Ave, Los Angeles, CA 90018

Property Overview: 3500 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 2,812 living square feet and 5,519 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

3500 S Western Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 3500 S Western Ave

Last sold for $790,000 on October 5th, 2017

January, 2019
Jan 16, 2019

Date

Expired

CRMLS: SB18251411

$2,500

Price
Oct 16, 2018

Date

Active

CRMLS: SB18251411

$2,500

Price
Listing provided courtesy of CRMLS

The Real Estate Group is proud to present 3500 S. Western for its next commercial lease tenant. This high visibility, corner lot location, benefits from fantastic pedestrian and vehicle traffic along the Western Ave corridor. The owner has recently completed exterior and interior building renovations to the benefit of the next business occupant. The owner prefers an established tenant that is able to take advantage of the investments and new businesses in the Jefferson Park and Expo Park communities. The retail space for lease is approximately 650 sqft (see attached floor plan under supplemental docs) and has both 110/220V. The new tenant will have the opportunity to rent the storage unit adjacent to the retail unit, if needed. The owner is flexible on lease terms and tenant improvements. 3500 S. Western is located only 1.3 miles from USC and 0.4 miles from the Expo Line Western Station. Besides the close proximity to the University, 3500 is located within the booming neighborhood redevelopment area of Jefferson Park. Multiple new projects are underway, including a new condominium development being built approximately one block south, a new hotel on Western Ave just south of the 10 FWY, and there is a new Starbucks that just opened on the corner of Western and Jefferson, only 1/2 block away. The landlord may consider an established cannabis business.

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October, 2017
Oct 5, 2017

Date

Sold (Public Records)

Public Records

$790,000

Price
June, 2014
Jun 17, 2014

Date

Sold (Public Records)

Public Records

$585,000

Price

Tax History for 3500 S Western Ave

Assessed Value (2020): $821,916

Year	Land Value	Improved Value	Assessed Value
2020	$572,220	$249,696	$821,916

About 3500 S Western Ave

Detailed summary of property

3500 S Western Ave is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90018 and last sold on October 5, 2017 for $790,000. This property has -- bedrooms, -- bathrooms, roughly 2,812 living square feet, and sits on an approximately 5,519 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 29.46% lower than the current median priced home. 3500 S Western Ave was last sold on October 5, 2017 for $790,000. Local nearby listings include 3006 S Dalton Ave, 1460 W 35th St and 2190 W 28th St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 3500 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 3500 S Western Ave

Public county record property details

Beds: --
Baths: --
Year built: 1924
Sq. Ft.: 2,812
Lot Size: 5,519
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18
APN: 5041-007-006

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

$999,800

Median List Price/Sq.Ft.

$638

Median Sold Price

$1,040,000

Median Sold Price/Sq.Ft.

$672

Total Inventory

Median Sale to List Price %

104.1%

Avg Days on Market

Loan Type

Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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(714) 706-1823

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