522 W Florence Ave, Los Angeles, CA 90044
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522 W Florence Ave Los Angeles, CA 90044

$1,000,000 Sold Price as of 01/18/2024
  • -- Beds
  • -- Baths
  • 4,900 Sq.Ft.
Sold
$1,000,000 Sold Price as of 01/18/2024 Refinance Your Mortgage

Map preview of 522 W Florence Ave, Los Angeles, CA 90044

Property Overview: 522 W Florence Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 4,900 living square feet and 6,274 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Amazing Investment Opportunity awaits! This property offers 2 store fronts with a well maintained 1 bedroom apartment located above the store fronts as well as a 3 bed 2 bath single family residence w/ laundry room. Retail spaces and units are both under lease!

Listed by Donte Jarrett | BRE #01345065 | Vista Pacific Realty
Last checked: 8 minutes ago | Last updated: January 19th, 2024 | Source CRMLS | DOM: 389

Home details

Lot Sq. Ft
6,274
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PW22243462
City
Los Angeles
County
Los Angeles
Time on Site
547 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 2
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 522 W Florence Ave

Interior Features
Laundry Information
  • Inside
Exterior Features
Exterior Information
  • Roof: Asphalt
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6020028008
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: North on S Hoover, right on W Florence
View more facts & features

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Sale History for 522 W Florence Ave

Last sold for $1,000,000 on January 18th, 2024
  • January, 2024

  • Jan 18, 2024

    Date

    Sold

    CRMLS: PW22243462

    $1,000,000

    Price

  • Nov 17, 2022

    Date

    Active

    CRMLS: PW22243462

    $1,750,000

    Price

Tax History for 522 W Florence Ave

Assessed Value (2020): $47,026
Year Land Value Improved Value Assessed Value
2020 $22,613 $24,413 $47,026

Home Value Compared to the Market

This property vs the competition

522 W Florence Ave sold on January 18, 2024 for 7.56% 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 $224.49 per/sqft which puts the price per square foot 70.27% lower than the current median sale per square foot for the city of Los Angeles.

About 522 W Florence Ave

Detailed summary of property

522 W Florence Ave is a mixed use that recently sold in Los Angeles, CA 90044. This mixed use property offered -- bedrooms, -- bathrooms, roughly 4,900 living square feet, and sits on an approximately 6,274 square foot lot. 522 W Florence Ave was first listed on ArdentRealEstateGroup.com on November 17, 2022. The homeowner sold the property for $1,000,000. 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 7.56% lower than the current median priced home. Local homes that are currently for sale include 2050 W Florence Ave, 10201 S Vermont Ave and 5870 Hooper Ave. While the average home in Los Angeles, CA is selling in 92 days, 522 W Florence Ave has a days on market of 389 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 522 W Florence Ave Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 522 W Florence Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
6,273
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
21
APN
6020-028-008

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$669,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
79
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), 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.