5414 S Western Ave, Los Angeles, CA 90062
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5414 S Western Ave Los Angeles, CA 90062

$1,250,000 Sold Price as of 05/07/2021
  • -- Beds
  • -- Baths
  • 4,802 Sq.Ft.
Sold
$1,250,000 Sold Price as of 05/07/2021 Refinance Your Mortgage

Map preview of 5414 S Western Ave, Los Angeles, CA 90062

Property Overview: 5414 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 4,802 living square feet and 11,526 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: For sale includes 2 APNs.(5003-020-010 & 5003-020-011), a Development opportunity in South LA. The 11,526 ± square foot lots consists of 3 stores, total build 4,802 SF. This is a great opportunity for developers. Located in a thriving area in the Opportunity Zone. The property is currently is used by seller as a rental property. APN#5003-020-010 approximately 5,616SF 2952 SF build APN#5003-020-011 approximately 5,910 SF 1850 SF build ZONE C2-

Listed by Min Kim | BRE #01715522 | Newcastle Realty, Inc.
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 418

Home details

Lot Sq. Ft
11,526
HOA Dues
$0/mo
Year built
1949
Garage
--
Property Type:
Retail
Status
Sold
MLS#
PW20019906
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 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 5414 S Western Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5003020010
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Nearest Major cross Street is 54TH STREET AND WESTERN AVE.
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Sale History for 5414 S Western Ave

Last sold for $1,250,000 on May 7th, 2021
  • May, 2021

  • May 7, 2021

    Date

    Sold

    CRMLS: PW20019906

    $1,250,000

    Price

  • May 1, 2021

    Date

    Pending

    CRMLS: PW20019906

    $1,450,000

    Price

  • Mar 30, 2021

    Date

    Active

    CRMLS: PW20019906

    $1,450,000

    Price

  • Mar 26, 2021

    Date

    Active Under Contract

    CRMLS: PW20019906

    $1,450,000

    Price

  • Oct 23, 2020

    Date

    Price Change

    CRMLS: PW20019906

    $1,450,000

    Price

  • Aug 21, 2020

    Date

    Price Change

    CRMLS: PW20019906

    $1,350,001

    Price

  • Mar 19, 2020

    Date

    Price Change

    CRMLS: PW20019906

    $1,400,001

    Price

  • Jan 31, 2020

    Date

    Active

    CRMLS: PW20019906

    $1,450,000

    Price

  • June, 2018

  • Jun 25, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2017

  • Oct 17, 2017

    Date

    Sold (Public Records)

    Public Records

    $280,500

    Price

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Tax History for 5414 S Western Ave

Assessed Value (2020): $860,410
Year Land Value Improved Value Assessed Value
2020 $520,200 $340,210 $860,410

Home Value Compared to the Market

This property vs the competition

5414 S Western Ave sold on May 7, 2021 for 21.85% 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 $301.96 per/sqft which puts the price per square foot 60.01% lower than the current median sale per square foot for the city of Los Angeles.

About 5414 S Western Ave

Detailed summary of property

5414 S Western Ave is a retail that recently sold in Los Angeles, CA 90062. This retail property offered -- bedrooms, -- bathrooms, roughly 4,802 living square feet, and sits on an approximately 11,526 square foot lot. 5414 S Western Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,250,000. 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 21.85% higher than the current median priced home. Local homes that are currently for sale include 1232 W Base Line St and 25362 3rd St. While the average home in Los Angeles, CA is selling in 94 days, 5414 S Western Ave has a days on market of 418 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 5414 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 5414 S Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1949
Sq. Ft.
2,952
Lot Size
5,622
Stories
1
Type
Store/Office (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
10,11
APN
5003-020-010

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
$859,000
Median List Price/Sq.Ft.
$582
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.