5951 W 3Rd St Los Angeles, CA 90036

$--

-- Beds
-- Baths
1,196 Sq.Ft.

Off Market

Map preview of 5951 W 3Rd St, Los Angeles, CA 90036

Property Overview: 5951 W 3Rd St Los Angeles, CA has -- bedrooms, -- bathrooms, 1,196 living square feet and 6,435 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5951 W 3Rd St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5951 W 3Rd St

View property's historical transactions

September, 2021
Sep 16, 2021

Date

Expired

CRMLS: 21763214

$6,500,000

Price
Jul 20, 2021

Date

Active

CRMLS: 21763214

$6,500,000

Price
Listing provided courtesy of CRMLS

Presented for sale is 5951, 5957 5959 W. 3rd Street, on 11,045 SF of C1-1VL Tier 1 zoned land, a corner double-lot that backs up to an alley. The Transaction includes two APNs! Located at the intersection of 3rd St. and Fuller Ave., this site is ideally situated in a high traffic, high income neighborhood within walking distance to The Grove, Pan Pacific Park, La Brea Ave. shopping and is central to the best hospitality and nightlife in Los Angeles! Currently operating as an auto-body shop (we are told it used to be a gas station), dog grooming and fitness studio, this property is ready for a re-positioning or re-development. Build a by-right project or maximize density to build 24 units over ground floor retail. Long-term owners of the site are open to look at all offers as they are ready to exchange into their next investment! Sale includes two APNs: 5512-016-006 & 5512-016-007. Dimensions of 105x110 with lot lines at an angle and rounded corner. At closing, auto-body shop will be delivered vacant, one tenant will be on month-to-month and one tenant will have approx. a year left on their lease.

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July, 2021
Jul 20, 2021

Date

Active

CRMLS: 21763176

$6,500,000

Price
Listing provided courtesy of CRMLS

Presented for sale is 5951, 5957 5959 W. 3rd Street, on 11,045 SF of C1-1VL Tier 1 zoned land, a corner double-lot that backs up to an alley. The Transaction includes two APNs! Located at the intersection of 3rd St. and Fuller Ave., this site is ideally situated in a high traffic, high income neighborhood within walking distance to The Grove, Pan Pacific Park, La Brea Ave. shopping and is central to the best hospitality and nightlife in Los Angeles! Currently operating as an auto-body shop (we are told it used to be a gas station), dog grooming and fitness studio, this property is ready for a re-positioning or re-development. Build a by-right project or maximize density to build 24 units over ground floor retail. Long-term owners of the site are open to look at all offers as they are ready to exchange into their next investment! Sale includes two APNs: 5512-016-006 & 5512-016-007. Dimensions of 105x110 with lot lines at an angle and rounded corner. At closing, auto-body shop will be delivered vacant, one tenant will be on month-to-month and one tenant will have approx. a year left on their lease.

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January, 2021
Jan 2, 2021

Date

Expired

CRMLS: 20640490

$8,400,000

Price
Oct 1, 2020

Date

Active

CRMLS: 20640490

$8,400,000

Price
Listing provided courtesy of CRMLS

Presented for sale is 5951 - 5959 W. 3rd Street, on 11,045 SF of C1-1VL Tier 1 zoned land, a corner double-lot that backs up to an alley. Located at the intersection of 3rd St. and Fuller Ave., this site is ideally situated in a high traffic, high income neighborhood w/in walking distance to The Grove, Pan Pacific Park, La Brea Ave. shopping & is central to the best hospitality and nightlife in Los Angeles! Currently operating as an auto-body shop (we are told it used to be a gas station), dog grooming and fitness studio, this property is ready for a re-positioning or re-development. Build a by-right project or maximize density to build 24 units over ground floor retail. Long-term owners open to look at all offers as they are ready to exchange into their next investment! Sale includes 2 APNs: 5512-016-006 & 5512-016-007. Lot is aprx 105x110 with lot lines @ angle & rounded corner. At closing, auto-body delivered vacant, one tenant will be on m-t-m & one tenant w/1 year on lease.

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Tax History for 5951 W 3Rd St

Assessed Value (2020): $709,171

Year	Land Value	Improved Value	Assessed Value
2020	$692,692	$16,479	$709,171

About 5951 W 3Rd St

Detailed summary of property

5951 W 3Rd St is categorized with a use code of Service Shop (Tv, Radio, Electric, Plumbing) in Los Angeles, CA 90036 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly 1,196 living square feet, and sits on an approximately 6,435 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 180 S Citrus Ave, 900 S Ridgeley Dr and 502 N Gardner St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 5951 W 3Rd St Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5951 W 3Rd St

Public county record property details

Beds: --
Baths: --
Year built: 1958
Sq. Ft.: 1,196
Lot Size: 6,435
Stories: 1

Type: Service Shop (Tv, Radio, Electric, Plumbing)
Pool: No
Spa: No
County: Los Angeles
Lot#: 177
APN: 5512-016-006

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,150,000

Median List Price/Sq.Ft.

$937

Median Sold Price

$1,675,000

Median Sold Price/Sq.Ft.

$754

Total Inventory

Median Sale to List Price %

95.71%

Avg Days on Market

Loan Type

Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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(714) 706-1823

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