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5001 S Western Ave, Los Angeles, CA 90062
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5001 S Western Ave Los Angeles, CA 90062

$4,800,000
  • -- Beds
  • -- Baths
  • 3,200 Sq.Ft.
For Sale
$4,800,000 Get Pre-Qualified
Map preview of 5001 S Western Ave, Los Angeles, CA 90062

Property Overview: 5001 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,200 living square feet and 13,821 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: FREE STANDING RETAIL BUILDING @ 3200 Sf. with ample parking. Please drive by.The lot size - 13821 Sf. A single tenancy, currently a Supermarket. The property is sold with vacant procession at close of COE. This City is one of the fastest growing district. If you drive around the location, modern multifamily condos are coming up all over the place. USC is just mins away from this place. The location is ideally close to Downtown with easy commute. Buyer is advised to do his own due diligence verifying the size and condition of property. Seller and Seller’s agent is not aware of the accuracy of the size and other condition as shown in the public Record.

Listed by Islina Abdullah | BRE #01502648 | Berkshire Hathaway HSCP
Last checked: 2 minutes ago | Last updated: October 10th, 2023 | Source CRMLS | DOM: 631
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Home details

Lot Sq. Ft
13,821
HOA Dues
$0/mo
Year built
1984
Garage
--
Property Type:
Retail
Status
Active
MLS#
SB22154816
City
Los Angeles
County
Los Angeles
Time on Site
647 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: --

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Property Details for 5001 S Western Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5016037001
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Sewer Connected
Location / Neighborhood
Location Information
  • Directions: On S Western Ave , go North. The property is between Slauson Ave and Vernon Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 5001 S Western Ave

Last sold on May 26th, 2004

  • July, 2022

  • Jul 14, 2022

    Date

    Active

    CRMLS: SB22154816

    $4,800,000

    Price

  • August, 2020

  • Aug 24, 2020

    Date

    Active

    CRMLS: 20621636

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    CHOICE MARKET....a Corner Neighborhood Community Market located at the corner South West corner of Western at 50th Street is FOR SALE!!! Family owned market for over 20 years. 13,821 SF Lot with ample parking. The Building is 3200 SF structure built in 1984. Being sold AS-IS, Whereas. Land, building and Business being sold together. Store inventory and store's unattached fixtures to negotiated and be sold separately outside of escrow. COVID19 precautions apply while viewing or visiting the property. General Grocery Store Inventory including canned goods, soda, snacks, frozen foods dairy products, meat/deli counter, sundries, hygiene products, paper goods, pet supplies, cleaning supplies and more. Lotto ticket sales. Financials available for review upon submission LOI and/or Offer. Most inventory included with sale.

  • May, 2004

  • May 26, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 1999

  • Aug 30, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5001 S Western Ave

Assessed Value (2020): $624,010
Year Land Value Improved Value Assessed Value
2020 $442,010 $182,000 $624,010

Home Value Compared to the Market

This property vs the competition

5001 S Western Ave is listed 291.84% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $1500 per/sqft which puts the price per square foot 93.8% higher than the median price per square foot for the city of Los Angeles.

About 5001 S Western Ave

Detailed summary of property

5001 S Western Ave is a retail located in Los Angeles, CA 90062 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 3,200 living square feet, and sits on an approximately 13,821 square foot lot. 5001 S Western Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner is currently asking $4,800,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 291.84% higher than the median priced home. Local competing homes currently for sale include 1030 Kendall Dr and 2210 E Highland Ave. While the average home in Los Angeles, CA is selling in 96 days, 5001 S Western Ave has a days on market of 631 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 5001 S Western Ave Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5001 S Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1984
Sq. Ft.
3,200
Lot Size
13,821
Stories
1
Type
Grocery, Supermarket
Pool
No
Spa
No
County
Los Angeles
Lot#
1,2
APN
5016-037-001

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,999
Median List Price/Sq.Ft.
$576
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

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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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