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5728 Waring Ave, Los Angeles, CA 90038
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5728 Waring Ave Los Angeles, CA 90038

$1,575,000 Sold Price as of 04/27/2022
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,575,000 Sold Price as of 04/27/2022 Refinance Your Mortgage
Map preview of 5728 Waring Ave, Los Angeles, CA 90038

Property Overview: 5728 Waring Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 6,503 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICE REDUCED! We are pleased to present for a sale a prime LAR3 development opportunity in Hollywood! Located just steps away Paramount Studios, this FLAT 6,503 sqft lot offers a developer the opportunity to build 8 units by right or up to 15 units using TOC Incentives. Lot dimensions are 50 sqft by 130 sqft, zoned R3-1XL, TOC Tier 2, and comes with an alley! Subject property is currently a single family residence that will be delivered VACANT, meaning no dealing with rent stabilization (RSO), tenant relocation, or new onerous SB 8 regulations! (currently owner occupied) The site is located within an Opportunity Zone, which may provide additional tax incentives (buyer to verify). Do not miss this opportunity to purchase a RARE development site near all the shopping, restaurants (3 blocks from Melrose Ave!), transportation, and amenities that Hollywood has to offer its tenants!! Excellent location close to Paramount Studios, West Hollywood, Larchmont Village & Hancock Park. Lots of new development in this pocket! Buyer to verify all zoning regulations with LADBS. Home to be sold As-Is. Do not disturb current occupants. Contact listing agent for more details!

Listed by Daniel Shamooelian | BRE #01984269 | Keller Williams Beverly Hills
Last checked: 8 minutes ago | Last updated: September 28th, 2023 | Source CRMLS | DOM: 49

Home details

Lot Sq. Ft
6,503
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
21108051
City
Los Angeles
County
Los Angeles
Time on Site
883 days

Property Details for 5728 Waring Ave

Lot Details / Garage and Parking
Property Information
  • No View
  • View: None
  • Parcel Number: 5534033007
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: East of Vine St, West of Gower St, North of Melrose Ave, South of Santa Monica Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 5728 Waring Ave

Last sold for $1,575,000 on April 27th, 2022

  • April, 2022

  • Apr 27, 2022

    Date

    Sold

    CRMLS: 21108051

    $1,575,000

    Price

  • Nov 29, 2021

    Date

    Active

    CRMLS: 21108051

    $1,700,000

    Price

  • April, 2022

  • Apr 27, 2022

    Date

    Sold

    CRMLS: 21108047

    $1,575,000

    Price

  • Nov 29, 2021

    Date

    Active

    CRMLS: 21108047

    $1,700,000

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 5728 Waring Ave

Assessed Value (2020): $68,091
Year Land Value Improved Value Assessed Value
2020 $51,309 $16,782 $68,091

Home Value Compared to the Market

This property vs the competition

5728 Waring Ave sold on April 27, 2022 for 57.14% higher than the current median sold price for the city of Los Angeles which is $1,050,000.

About 5728 Waring Ave

Detailed summary of property

5728 Waring Ave is a land that recently sold in Los Angeles, CA 90038. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 6,503 square foot lot. 5728 Waring Ave was first listed on ArdentRealEstateGroup.com on November 29, 2021. The homeowner sold the property for $1,575,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 57.14% higher than the current median priced home. Local homes that are currently for sale include 3100 Oakshire Dr, 1883 S Cochran Ave and 1450 S Orange Grove Ave. While the average home in Los Angeles, CA is selling in 96 days, 5728 Waring Ave has a days on market of 49 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5728 Waring Ave Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5728 Waring Ave

Public county record property details
Beds
3
Baths
1
Year built
1906
Sq. Ft.
1,396
Lot Size
6,503
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5534-033-007

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,299,000
Median List Price/Sq.Ft.
$709
Median Sold Price
$715,000
Median Sold Price/Sq.Ft.
$659
Total Inventory
40
Median Sale to List Price %
79.44%
Avg Days on Market
17
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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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