5620 S Main St, Los Angeles, CA 90037
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5620 S Main St Los Angeles, CA 90037

$500,000 Sold Price as of 08/26/2022
  • -- Beds
  • -- Baths
  • 1,859 Sq.Ft.
Sold
$500,000 Sold Price as of 08/26/2022 Refinance Your Mortgage

Map preview of 5620 S Main St, Los Angeles, CA 90037

Property Overview: 5620 S Main St Los Angeles, CA has -- bedrooms, -- bathrooms, 1,859 living square feet and 5,542 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A restaurant family owned by 1 person for the past 40+ years. Currently being used as a restaurant. Zoned Commercial/Office/Residential (mixed use). Other similar properties have been remodeled for multi-family housing, buyer to check with city for feasability. 2nd unit in back burned down years ago. No 2nd unit in back as it burned down.

Listed by Paul Kelly | BRE #01448981 | eXp Realty of California Inc.
Last checked: 5 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,542
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
DW22123984
City
Los Angeles
County
Los Angeles
Time on Site
828 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 5620 S Main St

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5101018011
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Slauson and Main
View more facts & features

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Sale History for 5620 S Main St

Last sold for $500,000 on August 26th, 2022
  • August, 2022

  • Aug 26, 2022

    Date

    Sold

    CRMLS: DW22123984

    $500,000

    Price

  • Jun 13, 2022

    Date

    Active

    CRMLS: DW22123984

    $550,000

    Price

  • May, 2021

  • May 3, 2021

    Date

    Active

    CRMLS: DW21088133

    $800,000

    Price

  • Apr 27, 2021

    Date

    Coming Soon

    CRMLS: DW21088133

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to establish your own business in this centrally located corner lot property in the heart of Los Angeles. Currently being used as a Restaurant with plenty of parking on rear. ((Sale of Real Estate Only)) (Business not included).

  • May, 2005

  • May 27, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1993

  • Mar 30, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5620 S Main St

Assessed Value (2020): $254,407
Year Land Value Improved Value Assessed Value
2020 $125,538 $128,869 $254,407

Home Value Compared to the Market

This property vs the competition

5620 S Main St sold on August 26, 2022 for 50.89% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $295.86 per/sqft which puts the price per square foot 59.14% lower than the current median sale per square foot for the city of Los Angeles.

About 5620 S Main St

Detailed summary of property

5620 S Main St is a mixed use that recently sold in Los Angeles, CA 90037. This mixed use property offered -- bedrooms, -- bathrooms, roughly 1,859 living square feet, and sits on an approximately 5,542 square foot lot. 5620 S Main St was first listed on ArdentRealEstateGroup.com on June 14, 2022. The homeowner sold the property for $500,000. Home 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 50.89% lower than the current median priced home. Local homes that are currently for sale include 1408 9th St, 4046 N H St and 243 E Baseline St. While the average home in Los Angeles, CA is selling in 106 days, 5620 S Main St has a days on market of 15 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 5620 S Main St Los Angeles, CA 90037 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5620 S Main St

Public county record property details
Beds
2
Baths
1
Year built
1916
Sq. Ft.
1,859
Lot Size
5,541
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
28
APN
5101-018-011

The source for these homes facts are from public records.

90037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$688,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$626,228
Median Sold Price/Sq.Ft.
$437
Total Inventory
36
Median Sale to List Price %
125.5%
Avg Days on Market
17
Loan Type
Conventional (50%), FHA (0%), 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.