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361 N La Brea Ave, Los Angeles, CA 90036
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361 N La Brea Ave Los Angeles, CA 90036

$4,925,000 Sold Price as of 06/14/2022
  • -- Beds
  • -- Baths
  • 2,975 Sq.Ft.
Sold
$4,925,000 Sold Price as of 06/14/2022 Refinance Your Mortgage
Map preview of 361 N La Brea Ave, Los Angeles, CA 90036

Property Overview: 361 N La Brea Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 2,975 living square feet and 10,392 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investor/Developer... Amazing Opportunity! Corner Lot in great location! Approximately 10,392 sq ft lot with 2,975 sq ft of existing business/building space. Frontage on North La Brea, just minutes away from CBS Studios, The Farmers Market, and The Grove. Current tenant is Hertz Rental Company with 3 years left on a triple net lease - no seller responsibility. Wonderful development opportunity, zoned LAC2. Alley in back. One of the hottest mixed use development areas in the city on a corner lot! Drive by only, please do not disturb tenants or go onto property.

Listed by Melissa Zee | BRE #01451028 | Keller Williams Beverly Hills
Last checked: 13 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 81

Home details

Lot Sq. Ft
10,392
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Other
Status
Sold
MLS#
22115259
City
Los Angeles
County
Los Angeles
Time on Site
346 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.08%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $13,366
  • Net Operating Income: $160,392
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 361 N La Brea Ave

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
  • Central
Exterior Features
Exterior Information
  • Roof: Flat
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 20
Lot Information
  • Lot Features: Corner Lot, Near Public Transit
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5525033001
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On N La Brea between Beverly Blvd & Melrose Ave on the West side of the street.
View more facts & features

Local Los Angeles Agent

Sale History for 361 N La Brea Ave

Last sold for $4,925,000 on June 14th, 2022

  • June, 2022

  • Jun 14, 2022

    Date

    Sold

    CRMLS: 22115259

    $4,925,000

    Price

  • Jan 17, 2022

    Date

    Active

    CRMLS: 22115259

    $5,200,000

    Price

  • June, 2015

  • Jun 23, 2015

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 361 N La Brea Ave

Assessed Value (2020): $1,979,139
Year Land Value Improved Value Assessed Value
2020 $1,814,225 $164,914 $1,979,139

Home Value Compared to the Market

This property vs the competition

361 N La Brea Ave sold on June 14, 2022 for 336.97% 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 $1747.9 per/sqft which puts the price per square foot 131.51% higher than the current median sale per square foot for the city of Los Angeles.

About 361 N La Brea Ave

Detailed summary of property

361 N La Brea Ave is a other that recently sold in Los Angeles, CA 90036. This property offered -- bedrooms, -- bathrooms, roughly 2,975 living square feet, and sits on an approximately 10,392 square foot lot. 361 N La Brea Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $4,925,000. 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 336.97% higher than the current median priced home. Local homes that are currently for sale include 2233 Riverdale Ave, 405 S Boyle Ave and 2500-2514 E Cesar E Chavez Ave. While the average home in Los Angeles, CA is selling in 94 days, 361 N La Brea Ave has a days on market of 81 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 361 N La Brea Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 361 N La Brea Ave

Public county record property details
Beds
--
Baths
--
Year built
1955
Sq. Ft.
2,975
Lot Size
10,392
Stories
1
Type
Office Bldg (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
5525-033-001

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,998,000
Median List Price/Sq.Ft.
$883
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
45
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

Thinking of Selling?

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Call, Text or Message
(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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