4808 S Central Ave, Los Angeles, CA 90011
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4808 S Central Ave Los Angeles, CA 90011

$877,500 Sold Price as of 10/23/2023
  • -- Beds
  • -- Baths
  • 5,580 Sq.Ft.
Sold
$877,500 Sold Price as of 10/23/2023 Refinance Your Mortgage

Map preview of 4808 S Central Ave, Los Angeles, CA 90011

Property Overview: 4808 S Central Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 5,580 living square feet and 6,074 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The 5,580 square feet Retail/Warehouse space and its LAC2 zoning offer a range of commercial opportunities, making it an ideal space for various retail ventures. Whether you're an investor looking to capitalize on a lucrative retail warehouse space or a developer with a vision for affordable housing, 4810 S Central Ave presents a rare and versatile investment opportunity. Don't miss the chance to make your mark in this thriving area. Act fast, as options like this are in high demand! The property's strategic location on a bustling street ensures maximum exposure and foot traffic, fostering business growth and success.

Listed by Moussa Mehdizadeh | BRE #01315713 | Andrew C. Lee
Last checked: 24 seconds ago | Last updated: October 24th, 2023 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
6,074
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Other
Status
Sold
MLS#
23305075
City
Los Angeles
County
Los Angeles
Time on Site
250 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
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 4808 S Central Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5107019003
Location / Neighborhood
Location Information
  • Directions: Central Ave and 48the Street
View more facts & features

Local Los Angeles Agent

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Sale History for 4808 S Central Ave

Last sold for $877,500 on October 23rd, 2023
  • October, 2023

  • Oct 23, 2023

    Date

    Sold

    CRMLS: 23305075

    $877,500

    Price

  • Aug 25, 2023

    Date

    Active

    CRMLS: 23305075

    $995,000

    Price

  • July, 2023

  • Jul 18, 2023

    Date

    Sold

    CRMLS: RS23028686

    $675,000

    Price

  • Feb 19, 2023

    Date

    Active

    CRMLS: RS23028686

    $950,000

    Price

  • Listing provided courtesy of CRMLS

    4808S-4810S Central Ave. It is divided into two addresses. The owner of this area is a good place for redevelopment to investment . With easy access to the I-10 .105 and I-110 and Downtown Los Angeles this area is ideal with convenient access to employment opportunities, education, retail shopping ,and public transportation. Current tenants are short-term rental. Therefore, if you take over this building, it is the best place to expect more monthly rental income by opening at least 2 or 3 retail business locations you want. The subject property built in 1949 is currently zoned LAC2 in a Tier 2 TOC on a 5580 SF lot in a highly trafficked location. The 4808 S Central Ave area market remains one of the most desirable submarkets for living and working. Use retail stores, personal services, photography, travel, etc. The building owner wants to sell quickly in the current condition for personal reasons.

  • June, 2005

  • Jun 9, 2005

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

  • March, 2005

  • Mar 28, 2005

    Date

    Sold (Public Records)

    Public Records

    $150,000

    Price

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Tax History for 4808 S Central Ave

Assessed Value (2020): $738,294
Year Land Value Improved Value Assessed Value
2020 $126,198 $612,096 $738,294

Home Value Compared to the Market

This property vs the competition

4808 S Central Ave sold on October 23, 2023 for 16.39% lower 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 $178.32 per/sqft which puts the price per square foot 76.38% lower than the current median sale per square foot for the city of Los Angeles.

About 4808 S Central Ave

Detailed summary of property

4808 S Central Ave is a other that recently sold in Los Angeles, CA 90011. This property offered -- bedrooms, -- bathrooms, roughly 5,580 living square feet, and sits on an approximately 6,074 square foot lot. 4808 S Central Ave was first listed on ArdentRealEstateGroup.com on August 28, 2023. The homeowner sold the property for $877,500. 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 16.39% lower than the current median priced home. Local homes that are currently for sale include 1331 W Florence Ave, 1977 W 48th St and 10201 S Vermont Ave. While the average home in Los Angeles, CA is selling in 96 days, 4808 S Central Ave has a days on market of 32 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 4808 S Central 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 4808 S Central Ave

Public county record property details
Beds
--
Baths
--
Year built
1949
Sq. Ft.
5,580
Lot Size
6,074
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5107-019-003

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
$620,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
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%)

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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.