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624 W Imperial Hwy, Los Angeles, CA 90044
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624 W Imperial Hwy Los Angeles, CA 90044

$855,000 Sold Price as of 04/04/2024
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$855,000 Sold Price as of 04/04/2024 Refinance Your Mortgage
Map preview of 624 W Imperial Hwy, Los Angeles, CA 90044

Property Overview: 624 W Imperial Hwy Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 8,851 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to purchase an 8,850sf Lot with alley access. Property is in the City of Los Angeles and is zoned R3. 12 unit development opportunity by-right. Alley loaded and access from Imperial as well. House and flatwork and all trees have been demolished. Not part of HCIDLA RSO. TOC Tier 3 for density bonus which allows 70% density bonus. SB 8 determination letter is complete. There are plans available for a separate price for a 20 units building with 4 ADU's for a total of 24 units that has been preliminarily approved by planning and LADBS. Architecture and structural plans are substantially complete. Geotechnical Reports, Topo and boundary survey, architecture and structural are all available for a negotiated price.

Listed by Joseph Fleischaker | BRE #01801069 | Joseph Fleischaker, Broker
Last checked: 13 minutes ago | Last updated: April 6th, 2024 | Source CRMLS | DOM: 112

Home details

Lot Sq. Ft
8,851
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Sold
MLS#
OC23215146
City
Los Angeles
County
Los Angeles
Time on Site
171 days

Property Details for 624 W Imperial Hwy

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Value In Land
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: See Remarks
  • Parcel Number: 6088003004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Imperial between Hoover and Denver
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 624 W Imperial Hwy

Last sold for $855,000 on April 4th, 2024

  • April, 2024

  • Apr 4, 2024

    Date

    Sold

    CRMLS: OC23215146

    $855,000

    Price

  • Nov 21, 2023

    Date

    Active

    CRMLS: OC23215146

    $999,990

    Price

  • August, 2023

  • Aug 24, 2023

    Date

    Canceled

    CRMLS: OC23025020

    $1,200,000

    Price

  • Feb 13, 2023

    Date

    Active

    CRMLS: OC23025020

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to purchase an 8,851sf vacant lot with alley access with RTI Plans. Alley loaded and access from Imperial as well. Property is zoned LAR3 with Toc Tier 3 allocation. Property is in the City of Los Angeles. Demolition of house, flatwork and all trees have been complete. Not part of LAHD RSO. Plans are in plan check for a 20 unit building in a 5 story configuration with 1 ADU and (3) common areas ready for conversion to (3) additional ADU's. Structured on-grade parking (type 1 construction) and (4) stories living (Type V construction). Total development of 24 units with 20 parking spaces. Plans and reports are available to serious buyers. TOC and CPIO planning is approved. Plans are with LADBS for plan check. (3) units to be affordable per TOC Tier 3 density requitements. SB 8 determination complete.

  • May, 2021

  • May 16, 2021

    Date

    Canceled

    CRMLS: OC21076835

    $1,200,000

    Price

  • Apr 13, 2021

    Date

    Active

    CRMLS: OC21076835

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to purchase an 8,850sf Lot with alley access. Property is in the City of Los Angeles and is zoned R3. 12 unit development opportunity by-right. Alley loaded and access from Imperial as well. House and flatwork and all trees have been demolished. Not part of HCIDLA RSO. TOC Tier 3 for density bonus. Currently there are plans for a 13 units building with reduced parking and reduced setbacks (utilizing Tier 3 TOC allowances). Geotechnical Report available. Plans and reports are for-sale separate of the land. Preliminary architectural plans have been approved by City Planning.

  • July, 2020

  • Jul 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $511,000

    Price

  • June, 2020

  • Jun 27, 2020

    Date

    Canceled

    CRMLS: OC20086817

    $650,000

    Price

  • Jun 16, 2020

    Date

    Hold

    CRMLS: OC20086817

    $650,000

    Price

  • May 7, 2020

    Date

    Active

    CRMLS: OC20086817

    $650,000

    Price

  • May 7, 2020

    Date

    Coming Soon

    CRMLS: OC20086817

    $650,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent opportunity to purchase an 8,800sf Lot that is zoned R3. 11 unit development opportunity by-right. Alley loaded and access from Imperial as well. Currently a single family home on the property. Not part of HCIDLA RSO. TOC Tier 3 for density bonus.

  • September, 2019

  • Sep 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $521,000

    Price

Show More

Tax History for 624 W Imperial Hwy

Assessed Value (2020): $557,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $157,000 $557,000

Home Value Compared to the Market

This property vs the competition

624 W Imperial Hwy sold on April 4, 2024 for 22.27% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 624 W Imperial Hwy

Detailed summary of property

624 W Imperial Hwy is a land that recently sold in Los Angeles, CA 90044. This land offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 8,851 square foot lot. 624 W Imperial Hwy was first listed on ArdentRealEstateGroup.com on November 22, 2023. The homeowner sold the property for $855,000. 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 22.27% lower than the current median priced home. Local homes that are currently for sale include 2412 N Eastern Ave, 2418 N Eastern Ave and 1931 Ivar Ave. While the average home in Los Angeles, CA is selling in 93 days, 624 W Imperial Hwy has a days on market of 112 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 624 W Imperial Hwy Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 624 W Imperial Hwy

Public county record property details
Beds
5
Baths
2
Year built
1939
Sq. Ft.
1,736
Lot Size
8,850
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
6088-003-004

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$660,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
80
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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