5119 Avalon Blvd Los Angeles, CA 90011

$3,250,000 Sold Price as of 08/01/2018

-- Beds
-- Baths
17,359 Sq.Ft.

Off Market

$3,250,000 Sold Price as of 08/01/2018 Refinance Your Mortgage

Map preview of 5119 Avalon Blvd, Los Angeles, CA 90011

Property Overview: 5119 Avalon Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 17,359 living square feet and 13,748 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5119 Avalon Blvd 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 $771. 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 5119 Avalon Blvd

Last sold for $3,250,000 on August 1st, 2018

January, 2020
Jan 1, 2020

Date

Expired

CRMLS: SR19203483

--

Price
Sep 2, 2019

Date

Price Change

CRMLS: SR19203483

--

Price
Aug 25, 2019

Date

Active

CRMLS: SR19203483

$5,000

Price
Listing provided courtesy of CRMLS

16' of frontage along bustling Avalon Boulevard steps from newly renovated South Park. Total of 800 sf with bathroom in the back. Large glass store front. In need of renovation, but LAC2 zone space may be used as Restaurant, Retail Storefront, Market, etc. There is a 1959 Certificate of Occupancy for Conversion to Restaurant for 5121 S Avalon Blvd address, tenant to do their own investigations and all tenant improvements. This would be a great restaurant space or bring your new ideas to rapidly improving South Park neighborhood! Approximately 15’ 7” W X 24’ D plus a 4’ X 4’ bathroom in the back Absolutely no dispensaries allowed per Owners.

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October, 2019
Oct 10, 2019

Date

Expired

CRMLS: 19441264

$5,300,000

Price
Sep 10, 2019

Date

Withdrawn

CRMLS: 19441264

$5,300,000

Price
Mar 6, 2019

Date

Active

CRMLS: 19441264

$5,300,000

Price
Listing provided courtesy of CRMLS

We are pleased to present a mixed use income opportunity located in the South Park neighborhood of Los Angeles. This opportunity is great for investors looking for a high vacancy opportunity as it will be delivered 80% VACANT at the close of escrow. The building is located just 2 miles from Exposition Park and less than 3 miles from USC. The building consists of 39 residential units (13 SRO units with shared baths, 13 studios with no kitchens, 12 regular studios, and one 1 BD/1BA) and three retail units (all on month to month leases). 31 of the 39 residential units will be delivered VACANT. Please see rent roll for the complete breakdown of the units. This is an excellent opportunity for savvy investors looking to capture immediate upside in rents for strong cash flow. Contact listing agent for more details!

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August, 2018
Aug 1, 2018

Date

Sold (Public Records)

Public Records

$3,250,000

Price
January, 2016
Jan 11, 2016

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 5119 Avalon Blvd

Assessed Value (2020): $3,315,000

Year	Land Value	Improved Value	Assessed Value
2020	$1,173,000	$2,142,000	$3,315,000

About 5119 Avalon Blvd

Detailed summary of property

5119 Avalon Blvd is categorized with a use code of Commercial/Office/Residential (Mixed Use) in Los Angeles, CA 90011 and last sold on August 1, 2018 for $3,250,000. This property has -- bedrooms, -- bathrooms, roughly 17,359 living square feet, and sits on an approximately 13,748 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 190.18% higher than the current median priced home. 5119 Avalon Blvd was last sold on August 1, 2018 for $3,250,000. Local nearby listings include 4010 Wall St, 4207 Naomi Ave and 119 E 64th St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 5119 Avalon Blvd 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 5119 Avalon Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1924
Sq. Ft.: 17,359
Lot Size: 13,748
Stories: 1

Type: Commercial/Office/Residential (Mixed Use)
Pool: No
Spa: No
County: Los Angeles
Lot#: 4
APN: 5109-023-004

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

$625,000

Median List Price/Sq.Ft.

$531

Median Sold Price

$590,000

Median Sold Price/Sq.Ft.

$438

Total Inventory

Median Sale to List Price %

102.61%

Avg Days on Market

Loan Type

Conventional (0%), FHA (83.33%), VA (0%), Cash (0%), Other (0%)

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