658 Lillian Way, Los Angeles, CA 90004
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658 Lillian Way Los Angeles, CA 90004

$1,550,000 Sold Price as of 11/02/2023
  • 3 Beds
  • 1 Baths
  • 2,088 Sq.Ft.
Sold
$1,550,000 Sold Price as of 11/02/2023 Refinance Your Mortgage

Map preview of 658 Lillian Way, Los Angeles, CA 90004

Property Overview: 658 Lillian Way Los Angeles, CA has 3 bedrooms, 1 bathrooms, 2,088 living square feet and 7,159 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 658 Lillian Way is a mixed-use single family home and detached office/flex building situated on a 7,160 SF (0.16 Acres) C2-1 Tier 1 TOC zoned parcel in the Greater Wilshire/Hancock Park neighborhood. The 3 Bed 2 Bathroom home, which totals 1,560 SF, is the perfect fixer-upper! The home sits on a 0.16 Acre C2-1 Tier 1 TOC zoned parcel, which adds many options to the property. The next owner would have the ability to rehab the current improvements, build additional ADU units on the lot, or build 17-unit multi-family development by-right (1.5:1 FAR) or up to a 27-unit multi-family development with the Tier 1 TOC Bonus (2.75:1 FAR) - Buyer to Verify. Alternatively, an owner user would be able to take advantage of the mixed use aspect, by living in the front portion of the property and running a business out of the back office/flex space. The commercial portion of the property, totaling an approximate 528 SF, could be used for a variety of different businesses looking to take advantage of the fantastic location. The asset is located 2 parcels south of the Lillian Way/Melrose Ave Intersection, a cross street that sees over 37,000 VPD.

Listed by Ryan Rothstein-Serling | BRE #01920619 | Ryan Rodman Rothstein-Serling
Last checked: 12 minutes ago | Last updated: November 13th, 2023 | Source CRMLS | DOM: 105

Home details

Lot Sq. Ft
7,159
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Other
Status
Sold
MLS#
23255871
City
Los Angeles
County
Los Angeles
Time on Site
548 days

Property Details for 658 Lillian Way

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Sun
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 1
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Carport, Driveway
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5523007021
  • Architectural Style: Bungalow
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: 1.7 Miles West of the Hollywood 101 Freeway. One Parcel South of Melrose Ave.
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Sale History for 658 Lillian Way

Last sold for $1,550,000 on November 2nd, 2023
  • November, 2023

  • Nov 2, 2023

    Date

    Sold

    CRMLS: 23255871

    $1,550,000

    Price

  • Mar 6, 2023

    Date

    Active

    CRMLS: 23255871

    $1,800,000

    Price

Tax History for 658 Lillian Way

Assessed Value (2020): $383,602
Year Land Value Improved Value Assessed Value
2020 $255,742 $127,860 $383,602

Home Value Compared to the Market

This property vs the competition

658 Lillian Way sold on November 2, 2023 for 42.86% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $766.28 per/sqft which puts the price per square foot 5.84% higher than the current median sale per square foot for the city of Los Angeles.

About 658 Lillian Way

Detailed summary of property

658 Lillian Way is a other that recently sold in Los Angeles, CA 90004. This property offered 3 bedrooms, 1 bathrooms, roughly 2,088 living square feet, and sits on an approximately 7,159 square foot lot. 658 Lillian Way was first listed on ArdentRealEstateGroup.com on March 30, 2023. The homeowner sold the property for $1,550,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 42.86% higher than the current median priced home. Local homes that are currently for sale include 3716 Fletcher Dr, 4600 S Central Ave and 7014 S Vermont Ave. While the average home in Los Angeles, CA is selling in 106 days, 658 Lillian Way has a days on market of 105 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 658 Lillian Way Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 658 Lillian Way

Public county record property details
Beds
--
Baths
--
Year built
1923
Sq. Ft.
1,560
Lot Size
7,159
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
22,23
APN
5523-007-021

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,488,000
Median List Price/Sq.Ft.
$792
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
85
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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Related Resources to 658 Lillian Way

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.