5400 S Western Ave Los Angeles, CA 90062

$1,101,000 Sold Price as of 02/23/2016

-- Beds
-- Baths
10,012 Sq.Ft.

Off Market

$1,101,000 Sold Price as of 02/23/2016 Refinance Your Mortgage

Map preview of 5400 S Western Ave, Los Angeles, CA 90062

Property Overview: 5400 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 10,012 living square feet and 12,025 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5400 S Western Ave 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 5400 S Western Ave

Last sold for $1,101,000 on February 23rd, 2016

March, 2022
Mar 2, 2022

Date

Expired

CRMLS: 21103603

$1,900,000

Price
Mar 1, 2021

Date

Active

CRMLS: 21103603

$1,900,000

Price
Listing provided courtesy of CRMLS

5400-5408 S Western Ave Is A Retail Value Add Or Redevelopment Opportunity In A South Los Angeles On The Corner Of S Western Ave And W 54th St Across From Western Ave Elementary.Two tenants are currently on month-to-month leases allowing an investor to occupy a portion or all of the building or a developer to collect income while undergoing the entitlement process. One unit is currently vacant. +/- 12,025 SF development lot zoned C2-1VL-CPIO in a Tier 2 TOC Opportunity to build up to 49 units utilizing the TOC benefitsDevelopment site offered at a PPSF of $158 The Hyde Park neighborhood features a half-dozen new construction development * projects underway as of 2020

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March, 2021
Mar 23, 2021

Date

Active

CRMLS: 21103595

$1,900,000

Price
Listing provided courtesy of CRMLS

5400-5408 S Western Ave Is A Retail Value Add Or Redevelopment Opportunity In A South Los Angeles On The Corner Of S Western Ave And W 54th St Across From Western Ave Elementary.Two tenants are currently on month-to-month leases allowing an investor to occupy a portion or all of the building or a developer to collect income while undergoing the entitlement process. One unit is currently vacant. +/- 12,025 SF development lot zoned C2-1VL-CPIO in a Tier 2 TOC Opportunity to build up to 49 units utilizing the TOC benefitsDevelopment site offered at a PPSF of $158 The Hyde Park neighborhood features a half-dozen new construction development * projects underway as of 2020

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March, 2021
Mar 23, 2021

Date

Active

CRMLS: 21709490

$2,950,000

Price
Listing provided courtesy of CRMLS

5400-5408 S Western Ave is an Retail Value Add or Redevelopment Opportunity in aSouth Los Angeles on the Corner of S Western Ave and W 54th St Across from Western Ave Elementary. All three tenants are currently on month-to-month leases allowing an investor to occupy a portion or all of the building or a developer to collect income while undergoing the entitlement process. +/- 12,025 SF development lot zoned C2-1VL-CPIO in a Tier 2 TOC. Opportunity to build up to 49 units utilizing the TOC benefits. Development site offered at a PPSF of $220. The Hyde Park neighborhood features a half-dozen new construction development projects underway as of 2020.

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March, 2021
Mar 1, 2021

Date

Active

CRMLS: 22150701

$1,950,000

Price
Listing provided courtesy of CRMLS

5400-5408 S Western Ave is a retail value add or redevelopment opportunity in south Los Angeles on the corner of S Western Ave and W 54th St across from Western Ave Elementary. Two tenants are currently on month-to-month leases allowing an investor to occupy a portion or all the building or a developer to collect income while undergoing the entitlement process. One unit is currently vacant. +/- 12,025 SF development lot zoned C2-1VL-CPIO in a Tier 2 TOC. Opportunity to build up to 49 units utilizing the TOC benefits. Development site offered at a PPSF of $162. The Hyde Park neighborhood features a half-dozen new construction development projects underway as of 2020. 5400-5408 S Western Ave is a highly Visible Hyde Park location with a walk score of 73. It is a short walk to Slauson Super Mall and Chesterfield Square Park

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February, 2016
Feb 23, 2016

Date

Sold (Public Records)

Public Records

$1,101,000

Price
November, 1999
Nov 3, 1999

Date

Sold (Public Records)

Public Records

$150,000

Price

Tax History for 5400 S Western Ave

Assessed Value (2020): $1,190,674

Year	Land Value	Improved Value	Assessed Value
2020	$865,945	$324,729	$1,190,674

About 5400 S Western Ave

Detailed summary of property

5400 S Western Ave is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Los Angeles, CA 90062 and last sold on February 23, 2016 for $1,101,000. This property has -- bedrooms, -- bathrooms, roughly 10,012 living square feet, and sits on an approximately 12,025 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 1.7% lower than the current median priced home. 5400 S Western Ave was last sold on February 23, 2016 for $1,101,000. Local nearby listings include 1523 W 59th St, 5512 S Van Ness Ave and 1414 W 54th 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 5400 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 5400 S Western Ave

Public county record property details

Beds: --
Baths: --
Year built: 1927
Sq. Ft.: 10,012
Lot Size: 12,025
Stories: 1

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: Los Angeles
Lot#: 27,28
APN: 5003-020-023

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

$850,000

Median List Price/Sq.Ft.

$561

Median Sold Price

$645,000

Median Sold Price/Sq.Ft.

$477

Total Inventory

Median Sale to List Price %

104.88%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

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Call, Text or Message

(714) 706-1823

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