5710 S Western Ave, Los Angeles, CA 90062
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5710 S Western Ave Los Angeles, CA 90062

$750,000 Sold Price as of 03/12/2020
  • -- Beds
  • -- Baths
  • 3,400 Sq.Ft.
Sold
$750,000 Sold Price as of 03/12/2020 Refinance Your Mortgage

Map preview of 5710 S Western Ave, Los Angeles, CA 90062

Property Overview: 5710 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,400 living square feet and 5,014 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: OPPORTUNITY ZONE TAX BENEFITS in Los Angeles, the Slauson/Western Revitalization Corridor... Live work rare property, retail, studio, gallery, work room(s) and a three bedroom apartment or offices. Excellent frontage, great signage and building identity potential. The ground floor has a main open area, with several work rooms behind the main room to work and create or rent for income. This property is ideally suited for artists, potter's,sculptor's or painting studio, retail store, convenient location within the sphere of influence of Western and Slausen community redevelopment district. Ground floor is suitable for clothing designers and manufacturers. To be verified with the City of LA Planning Department for permitted uses. Second story, private living quarters or offices for gaming developers, tech startups, live work, owner's living quarters or to rent for income. Gated back lot can be set up for outdoor gallery, display of sculptures, statues, gallery, artists studio events. Assessor rolls show 1,720 sq. ft. on ground floor. Including the apartment, the size of the property is approximately 3,200'. Buyer to verify all conditions, size, dimensions, electrical and mechanical systems, including permitted or unpermitted additions to the original building.

Listed by Vic Deirmendjian | BRE #00599219 | Strategic Realty, Inc.
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
5,014
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Retail
Status
Sold
MLS#
SR20051725
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
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 5710 S Western Ave

Interior Features
Laundry Information
  • Common Area, See Remarks
Interior Features
  • Security Features: Window Bars
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop
  • Has Fence
  • Average Condition, Wrought Iron
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Garden, Level with Street, Level, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 5003029011
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South on Western Ave., to 57th Street.
View more facts & features

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Sale History for 5710 S Western Ave

Last sold for $750,000 on March 12th, 2020
  • March, 2020

  • Mar 13, 2020

    Date

    Sold

    CRMLS: SR20051725

    $750,000

    Price

  • Mar 9, 2020

    Date

    Pending

    CRMLS: SR20051725

    $789,000

    Price

  • Mar 9, 2020

    Date

    Active Under Contract

    CRMLS: SR20051725

    $789,000

    Price

  • Mar 9, 2020

    Date

    Active

    CRMLS: SR20051725

    $789,000

    Price

  • March, 2020

  • Mar 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • June, 2019

  • Jun 8, 2019

    Date

    Expired

    CRMLS: SR18136434

    $789,000

    Price

  • Apr 8, 2019

    Date

    Price Change

    CRMLS: SR18136434

    $789,000

    Price

  • Jun 8, 2018

    Date

    Active

    CRMLS: SR18136434

    $835,000

    Price

  • Listing provided courtesy of CRMLS

  • April, 2018

  • Apr 18, 2018

    Date

    Sold (Public Records)

    Public Records

    $194,930

    Price

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Tax History for 5710 S Western Ave

Assessed Value (2020): $452,574
Year Land Value Improved Value Assessed Value
2020 $327,726 $124,848 $452,574

Home Value Compared to the Market

This property vs the competition

5710 S Western Ave sold on March 12, 2020 for 33.7% lower 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 $232.06 per/sqft which puts the price per square foot 69.26% lower than the current median sale per square foot for the city of Los Angeles.

About 5710 S Western Ave

Detailed summary of property

5710 S Western Ave is a retail that recently sold in Los Angeles, CA 90062. This retail property offered -- bedrooms, -- bathrooms, roughly 3,400 living square feet, and sits on an approximately 5,014 square foot lot. 5710 S Western Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $750,000. 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 33.7% lower than the current median priced home. Local homes that are currently for sale include 208 E Holt Ave, 421 N Central Ave and 423 N Central Ave. While the average home in Los Angeles, CA is selling in 94 days, 5710 S Western Ave has a days on market of 1 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 5710 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 5710 S Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1925
Sq. Ft.
1,720
Lot Size
5,014
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5003-029-011

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.