614 E 7th St, Los Angeles, CA 90021
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614 E 7th St Los Angeles, CA 90021

$650,000 Sold Price as of 11/18/2020
  • -- Beds
  • -- Baths
  • 1,404 Sq.Ft.
Sold
$650,000 Sold Price as of 11/18/2020 Refinance Your Mortgage

Map preview of 614 E 7th St, Los Angeles, CA 90021

Property Overview: 614 E 7th St Los Angeles, CA has -- bedrooms, -- bathrooms, 1,404 living square feet and 2,924 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Reduction!! Reduction!! Seller very motivated. Building is approximately 2,600 SQ FT Property profile shows 1,404 and lot size 2,924. Property shared gated parking in the back of the building. Ideal for Retail, Warehouse, showroom, etc. Excellent Downtown location in Flower District close to Fashion District. You must see it!!!

Listed by Teresa Lemus Campos | BRE #01787335 | C-21 Powerhouse Realty
Last checked: 6 minutes ago | Last updated: March 15th, 2023 | Source CRMLS | DOM: 218

Home details

Lot Sq. Ft
2,924
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Retail
Status
Sold
MLS#
DW20054857
City
Los Angeles
County
Los Angeles
Time on Site
1263 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 614 E 7th 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: 5146033038
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between San Pedro and S Crockett St.
View more facts & features

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Sale History for 614 E 7th St

Last sold for $650,000 on November 18th, 2020
  • November, 2020

  • Nov 20, 2020

    Date

    Sold

    CRMLS: DW20054857

    $650,000

    Price

  • Oct 16, 2020

    Date

    Active Under Contract

    CRMLS: DW20054857

    $699,999

    Price

  • Aug 27, 2020

    Date

    Price Change

    CRMLS: DW20054857

    $699,999

    Price

  • Mar 12, 2020

    Date

    Active

    CRMLS: DW20054857

    $775,000

    Price

  • November, 2020

  • Nov 18, 2020

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • October, 2019

  • Oct 21, 2019

    Date

    Active

    CRMLS: 19524492

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Building size is approximately 2,600 sqft. Property profile shows 1,404 sqft. Lot size 2,924 sqft. Buyer and buyer agent to do own due diligence. Currently is leased out to a short term month to month for parking and storage. A very rare free stand building. Shared gated parking in the back of the building. Ideal for retail, restaurant, showroom and etc. Prime Downtown location. Rapidly develop neighborhood. Close to Skid Row. An excellent Downtown location.

  • February, 2000

  • Feb 18, 2000

    Date

    Sold (Public Records)

    Public Records

    $156,000

    Price

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Tax History for 614 E 7th St

Assessed Value (2020): $219,924
Year Land Value Improved Value Assessed Value
2020 $140,531 $79,393 $219,924

Home Value Compared to the Market

This property vs the competition

614 E 7th St sold on November 18, 2020 for 38.05% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $498.57 per/sqft which puts the price per square foot 33.88% lower than the current median sale per square foot for the city of Los Angeles.

About 614 E 7th St

Detailed summary of property

614 E 7th St is a retail that recently sold in Los Angeles, CA 90021. This retail property offered -- bedrooms, -- bathrooms, roughly 1,404 living square feet, and sits on an approximately 2,924 square foot lot. 614 E 7th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $650,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 38.05% lower than the current median priced home. Local homes that are currently for sale include 224 E 40th St, 1514 Nadeau St and 145 E Bonita Ave. While the average home in Los Angeles, CA is selling in 99 days, 614 E 7th St has a days on market of 218 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 614 E 7th St Los Angeles, CA 90021 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 614 E 7th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
1,404
Lot Size
2,924
Stories
1
Type
Restaurant
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5146-033-038

The source for these homes facts are from public records.

90021 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,999
Median List Price/Sq.Ft.
$841
Median Sold Price
$775,000
Median Sold Price/Sq.Ft.
$794
Total Inventory
11
Median Sale to List Price %
97.48%
Avg Days on Market
49
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 614 E 7th St

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.