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4345 Woodlawn Ave, Los Angeles, CA 90011
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4345 Woodlawn Ave Los Angeles, CA 90011

$1,300,000 Sold Price as of 10/24/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,300,000 Sold Price as of 10/24/2023 Refinance Your Mortgage
Map preview of 4345 Woodlawn Ave, Los Angeles, CA 90011

Property Overview: 4345 Woodlawn Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 7,021 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 33-unit project priced to sell - only $59k/unit!!! Opportunity to acquire a truly shovel-ready affordable housing development site...Permitted with only two parking spaces allowing for a tremendous construction-cost savings and speedy construction timeline...Ready-to-issue permits (RTI) - Vacant Land Can start construction immediately - No tenants to relocate / already demolished...Engineered for efficiency and designed to be built economically .

Listed by Ardy Ishal | BRE #01769601 | BRC Advisors- BH
Last checked: 11 minutes ago | Last updated: October 25th, 2023 | Source CRMLS | DOM: 124

Home details

Lot Sq. Ft
7,021
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
23283193
City
Los Angeles
County
Los Angeles
Time on Site
335 days

Property Details for 4345 Woodlawn Ave

Lot Details / Garage and Parking
Property Information
  • Has View
  • Parcel Number: 5113036019
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: N of Vernon Ave. and E of Main St.
View more facts & features

Local Los Angeles Agent

Sale History for 4345 Woodlawn Ave

Last sold for $1,300,000 on October 24th, 2023

  • October, 2023

  • Oct 24, 2023

    Date

    Sold

    CRMLS: 23283193

    $1,300,000

    Price

  • Jun 21, 2023

    Date

    Active

    CRMLS: 23283193

    $1,950,000

    Price

  • May, 2023

  • May 8, 2023

    Date

    Canceled

    CRMLS: 23241707

    $2,475,000

    Price

  • Feb 14, 2023

    Date

    Active

    CRMLS: 23241707

    $2,475,000

    Price

  • Listing provided courtesy of CRMLS

    RTI Affordable Housing Development to build 33 units...Unique opportunity to acquire shovel-ready vacant land...Ready-to-issue permits (RTI) - Can start construction immediately - No tenants to relocate / no demolition expenses...permitted with only TWO parking spaces allowing for a tremendous construction-cost savings and speedy construction timeline...engineered for efficiency and designed to be built economically.

  • February, 2023

  • Feb 14, 2023

    Date

    Canceled

    CRMLS: 22180535

    $2,475,000

    Price

  • Jul 19, 2022

    Date

    Active

    CRMLS: 22180535

    $3,595,000

    Price

  • Listing provided courtesy of CRMLS

    RTI Affordable Housing Development to build 33 units...Unique opportunity to acquire shovel-ready vacant land...Ready-to-issue permits (RTI) - Can start construction immediately - No tenants to relocate / no demolition expenses...permitted with only TWO parking spaces allowing for a tremendous construction-cost savings and speedy construction timeline...engineered for efficiency and designed to be built economically...Projected Profit: $7,900,000 (see financial overview in OM)...can be sold together with 5318 S Hoover St (RTI to build 57 units) or can be sold separately

  • June, 2019

  • Jun 6, 2019

    Date

    Sold

    CRMLS: 19443720

    $700,000

    Price

  • Mar 28, 2019

    Date

    Pending

    CRMLS: 19443720

    $749,000

    Price

  • Mar 26, 2019

    Date

    Active Under Contract

    CRMLS: 19443720

    $749,000

    Price

  • Mar 22, 2019

    Date

    Active

    CRMLS: 19443720

    $749,000

    Price

  • Mar 20, 2019

    Date

    Active Under Contract

    CRMLS: 19443720

    $749,000

    Price

  • Mar 13, 2019

    Date

    Active

    CRMLS: 19443720

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    Great Income Investment & Development Potential Property For The Price Of A Small Condo. In West L.A.. Nice Bungalow Style 5 unit complex in convenient Downtown L.A. area. Easy management and upside on existing rents. Under rent control. By Vernon Ave. & Main Street. Property has new roof, new separate electric meters. I unit totally updated. New water heaters for all units. *BONUS: Great for development. Property is Zoned C2 = R4 as per City. Tier 3 Zone. Density Bonus. As per City you can build up to 31 low income units or 18 regular units. You can also go up to 5 stories or 67' High. Building will come with tenants in place. Please do not disturb tenants as they are unaware of the sale. Buyer to do their own investigations to confirm accuracy of information provided.

  • May, 2019

  • May 29, 2019

    Date

    Sold (Public Records)

    Public Records

    $700,000

    Price

  • August, 2017

  • Aug 11, 2017

    Date

    Sold (Public Records)

    Public Records

    $610,000

    Price

Show More

Tax History for 4345 Woodlawn Ave

Assessed Value (2020): $714,000
Year Land Value Improved Value Assessed Value
2020 $459,000 $255,000 $714,000

Home Value Compared to the Market

This property vs the competition

4345 Woodlawn Ave sold on October 24, 2023 for 63.87% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 4345 Woodlawn Ave

Detailed summary of property

4345 Woodlawn Ave is a land that recently sold in Los Angeles, CA 90011. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 7,021 square foot lot. 4345 Woodlawn Ave was first listed on ArdentRealEstateGroup.com on June 21, 2023. The homeowner sold the property for $1,300,000. 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 63.87% higher than the current median priced home. Local homes that are currently for sale include 213 S Soto St, 1932 Park Ave and 1932 Park Ave. While the average home in Los Angeles, CA is selling in 93 days, 4345 Woodlawn Ave has a days on market of 124 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 4345 Woodlawn Ave Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4345 Woodlawn Ave

Public county record property details
Beds
5
Baths
5
Year built
1924
Sq. Ft.
2,880
Lot Size
7,020
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
19
APN
5113-036-019

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,000
Median List Price/Sq.Ft.
$462
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
43
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 4345 Woodlawn Ave

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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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