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5516 S Central Ave, Los Angeles, CA 90011
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5516 S Central Ave Los Angeles, CA 90011

$1,050,000 Sold Price as of 02/01/2023
  • -- Beds
  • -- Baths
  • 5,286 Sq.Ft.
Sold
$1,050,000 Sold Price as of 02/01/2023 Refinance Your Mortgage
Map preview of 5516 S Central Ave, Los Angeles, CA 90011

Property Overview: 5516 S Central Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 5,286 living square feet and 6,877 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own a large two-story commercial building. This property features an open floor plan and 2 restrooms on the ground floor. The second level has several rooms/offices and 2 restrooms. Corner lot with excellent frontage and visibility along S Central Avenue and close to downtown Los Angeles. Ample space for 10-12 cars. Great for development opportunities, currently used as a Place of Worship.

Listed by Jasmine Esparza | BRE #01916043 | eXp Realty
Last checked: 3 minutes ago | Last updated: February 1st, 2023 | Source CRMLS | DOM: 163

Home details

Lot Sq. Ft
6,877
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Retail
Status
Sold
MLS#
RS22074841
City
Los Angeles
County
Los Angeles
Time on Site
808 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 0
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 5516 S Central Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
Lot Information
  • Lot Features: Corner Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5104017033
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: S CENTRAL AVENUE BETWEEN E 54TH STREET AND E 56TH STREET
View more facts & features

Local Los Angeles Agent

Sale History for 5516 S Central Ave

Last sold for $1,050,000 on February 1st, 2023

  • February, 2023

  • Feb 1, 2023

    Date

    Sold

    CRMLS: RS22074841

    $1,050,000

    Price

  • Apr 18, 2022

    Date

    Active

    CRMLS: RS22074841

    $1,200,000

    Price

  • May, 2017

  • May 16, 2017

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • November, 2005

  • Nov 14, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5516 S Central Ave

Assessed Value (2020): $689,783
Year Land Value Improved Value Assessed Value
2020 $424,482 $265,301 $689,783

Home Value Compared to the Market

This property vs the competition

5516 S Central Ave sold on February 1, 2023 for 6.19% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $227.01 per/sqft which puts the price per square foot 69.89% lower than the current median sale per square foot for the city of Los Angeles.

About 5516 S Central Ave

Detailed summary of property

5516 S Central Ave is a retail that recently sold in Los Angeles, CA 90011. This retail property offered -- bedrooms, -- bathrooms, roughly 5,286 living square feet, and sits on an approximately 6,877 square foot lot. 5516 S Central Ave was first listed on ArdentRealEstateGroup.com on April 14, 2022. The homeowner sold the property for $1,050,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 6.19% higher than the current median priced home. Local homes that are currently for sale include 554 W Base Line St, 145 E Highland Ave and 25362 3rd St. While the average home in Los Angeles, CA is selling in 99 days, 5516 S Central Ave has a days on market of 163 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 5516 S Central Ave 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 5516 S Central Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
5,286
Lot Size
--
Stories
--
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
5-7
APN
5104-017-033

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
$640,000
Median List Price/Sq.Ft.
$486
Median Sold Price
$555,000
Median Sold Price/Sq.Ft.
$484
Total Inventory
47
Median Sale to List Price %
100%
Avg Days on Market
12
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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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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