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531 N Larchmont Blvd, Los Angeles, CA 90004
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531 N Larchmont Blvd Los Angeles, CA 90004

$2,700,000 Sold Price as of 09/14/2021
  • -- Beds
  • -- Baths
  • 1,860 Sq.Ft.
Sold
$2,700,000 Sold Price as of 09/14/2021 Refinance Your Mortgage
Map preview of 531 N Larchmont Blvd, Los Angeles, CA 90004

Property Overview: 531 N Larchmont Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 1,860 living square feet and 7,565 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Sold Before Processing, Entered for Comps Purposes Only

Listed by John Duerler | BRE #01848596 | Hancock Homes Realty
Co-listed by Jill Duerler | BRE #01843015 | Hancock Homes Realty
Last checked: 2 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 2

Home details

Lot Sq. Ft
7,565
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Other
Status
Sold
MLS#
22115682
City
Los Angeles
County
Los Angeles
Time on Site
346 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: --

Property Details for 531 N Larchmont Blvd

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5523016026
Location / Neighborhood
Location Information
  • Directions: On larchmont - Between Rosewood and Clinton
View more facts & features

Local Los Angeles Agent

Sale History for 531 N Larchmont Blvd

Last sold for $2,700,000 on September 14th, 2021

  • September, 2021

  • Sep 14, 2021

    Date

    Sold

    CRMLS: 22115682

    $2,700,000

    Price

  • Jul 5, 2021

    Date

    Active

    CRMLS: 22115682

    $3,199,000

    Price

  • September, 2019

  • Sep 9, 2019

    Date

    Active

    CRMLS: 19508080

    $6,900

    Price

  • Listing provided courtesy of CRMLS

    Rare Single-Tenant Commercial Building on Larchmont! Located in the sought-after North Larchmont Village (NOLA), this free-standing commercial bungalow with ample off-street parking is perfect for a variety of uses such as retail, creative office, medical, therapy, and health/wellness. The owner has recently completed upgrades of many building systems including roof and electrical, and the versatile space now awaits cosmetic Tenant Improvements to get it ready for its next use. The building is currently configured with 12 rooms, including two front entrances each with reception area, and a kitchenette / break room. The space also contains ample storage areas and closets, as well as one full bath, two half baths, and two shower stalls. Front and rear surface parking areas with 9 off-street parking stalls, including two handicapped spaces. Prime location on Larchmont Boulevard close to DTLA, Hollywood, shopping, dining, hospitality and studios. Offered at $6,900 per month Triple Net.

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Tax History for 531 N Larchmont Blvd

Assessed Value (2020): $1,125,980
Year Land Value Improved Value Assessed Value
2020 $900,785 $225,195 $1,125,980

Home Value Compared to the Market

This property vs the competition

531 N Larchmont Blvd sold on September 14, 2021 for 168.82% higher 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 $1719.89 per/sqft which puts the price per square foot 127.8% higher than the current median sale per square foot for the city of Los Angeles.

About 531 N Larchmont Blvd

Detailed summary of property

531 N Larchmont Blvd is a other that recently sold in Los Angeles, CA 90004. This property offered -- bedrooms, -- bathrooms, roughly 1,860 living square feet, and sits on an approximately 7,565 square foot lot. 531 N Larchmont Blvd was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,700,000. 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 168.82% higher than the current median priced home. Local homes that are currently for sale include 5975 S Broadway, 1605 E 1st St and 4140 Eagle Rock Blvd. While the average home in Los Angeles, CA is selling in 94 days, 531 N Larchmont Blvd has a days on market of 2 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 531 N Larchmont Blvd Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 531 N Larchmont Blvd

Public county record property details
Beds
--
Baths
--
Year built
1913
Sq. Ft.
1,860
Lot Size
7,564
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
131,132
APN
5523-016-026

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,500,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), 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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