580 E Avenue 28, Los Angeles, CA 90031
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580 E Avenue 28 Los Angeles, CA 90031

$198,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$198,000 Get Pre-Qualified

Map preview of 580 E Avenue 28, Los Angeles, CA 90031

Property Overview: 580 E Avenue 28 Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 5,514 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Incredible opportunity to build your dream home in North East Los Angeles (Lincoln Heights). The lot offers unobstructed views of DTLA and it's prime for a new development in a very rare street with only a few parcels undeveloped. The property sale includes architectural & structural plans along with other reports necessary for planning and LADBS approvals. Plans have been reviewed by LADBS and corrections have been issued and made by the architect and engineering team. In order to finalize the plans to an RTI (ready-to-issue) permit status, a few steps remain to be completed The architectural and structural plans were designed with functionality in mind and connection to the topography of the lot. The plans call for a three-story single-family residence with 3 bedrooms & 2.5 bathrooms with ample room to entertain with an indoor fireplace and outdoor terrace facing unobstructed south views of DTLA. Located in the heart of Los Angeles in the up-and-coming historic area of Lincoln Heights, the neighborhood is prime for a new single-family home development. Low supply and continuous upward changes to the area has created an increased demand for quality new homes in this submarket.

Listed by Christopher Martinez Diaz | BRE #01917060 | Vinco Vinco Realty & Investments Inc
Last checked: 9 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
5,514
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
SR24146404
City
Los Angeles
County
Los Angeles
Time on Site
64 days

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Property Details for 580 E Avenue 28

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Mountain(s)
  • Parcel Number: 5206018013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Drive up to Clifton and lot is next to the end of the road
Neighborhood Information
  • Community Features: Hiking, Urban, Valley
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Sale History for 580 E Avenue 28

Last sold for $82,200 on January 1st, 2021
  • July, 2024

  • Jul 16, 2024

    Date

    Active

    CRMLS: SR24146404

    $198,000

    Price

  • October, 2023

  • Oct 4, 2023

    Date

    Canceled

    CRMLS: SR23079303

    $200,000

    Price

  • May 8, 2023

    Date

    Active

    CRMLS: SR23079303

    $250,000

    Price

  • Listing provided courtesy of CRMLS

  • January, 2021

  • Jan 6, 2021

    Date

    Sold

    CRMLS: AR20122030

    $82,200

    Price

  • Nov 16, 2020

    Date

    Pending

    CRMLS: AR20122030

    $99,000

    Price

  • Aug 24, 2020

    Date

    Active Under Contract

    CRMLS: AR20122030

    $99,000

    Price

  • Jun 23, 2020

    Date

    Active

    CRMLS: AR20122030

    $99,000

    Price

  • Listing provided courtesy of CRMLS

    This parcel is assigned with address of "567 Clifton St. Los Angeles 90031-2006" Seller Financing is available.

  • December, 2020

  • Dec 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $82,500

    Price

  • July, 2003

  • Jul 17, 2003

    Date

    Sold (Public Records)

    Public Records

    $26,000

    Price

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Tax History for 580 E Avenue 28

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $33,143 -- --

Home Value Compared to the Market

This property vs the competition

580 E Avenue 28 is listed 83.5% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000.

About 580 E Avenue 28

Detailed summary of property

580 E Avenue 28 is a land located in Los Angeles, CA 90031 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 5,514 square foot lot. 580 E Avenue 28 was first listed on ArdentRealEstateGroup.com on July 17, 2024. The homeowner is currently asking $198,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 83.5% lower than the median priced home. Local competing homes currently for sale include 3238 Marengo St, 1247 N Hicks Ave and 3825 Cazador St. While the average home in Los Angeles, CA is selling in 106 days, 580 E Avenue 28 has a days on market of 27 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 580 E Avenue 28 Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 580 E Avenue 28

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
5,513
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5206-018-013

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$825,000
Median Sold Price/Sq.Ft.
$628
Total Inventory
38
Median Sale to List Price %
99.64%
Avg Days on Market
42
Loan Type
Conventional (28.57%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.