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7210 S Western Ave, Los Angeles, CA 90047
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7210 S Western Ave Los Angeles, CA 90047

$750,000 Sold Price as of 03/24/2023
  • -- Beds
  • -- Baths
  • 3,920 Sq.Ft.
Sold
$750,000 Sold Price as of 03/24/2023 Refinance Your Mortgage
Map preview of 7210 S Western Ave, Los Angeles, CA 90047

Property Overview: 7210 S Western Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,920 living square feet and 13,225 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Daughrity Real Estate and Management Solutions is pleased to present an excellent opportunity to own the investment property with a tenant in place. This C2 Zoned site is prime for redevelopment. The maximum Height for the potential development is 67 ft. (+22 ft. from TOC incentives), equivalent to 5 stories (+2 stories from TOC incentives) which yields a maximum of 29 units that can be built on this site. Currently, the laundromat is 3,920 square feet sitting on 13,225 square feet. The site is located in a dynamic, Historic South-Central Los Angeles. This store is located in a densely populated area with many renters, ideal for a laundry operation. This building has excellent visibility near the prominent corner of very busy Florence & Western Avenue. There are major shopping centers within blocks of this building, and it is nestled blocks from SoFi Stadium in Inglewood, CA.

Listed by James Daughrity | BRE #01958394 | Daughrity Real Estate
Last checked: 16 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
13,225
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Other
Status
Sold
MLS#
23233045
City
Los Angeles
County
Los Angeles
Time on Site
340 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 7210 S Western Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Other
Property Information
  • Parcel Number: 6018001002
Location / Neighborhood
Location Information
  • Directions: Central Los Angeles Retail Offering | Located on Western Avenue and just south of Florence Avenue, the subject property is centrally located to all major employment hubs and is very central to all of LA County.
View more facts & features

Local Los Angeles Agent

Sale History for 7210 S Western Ave

Last sold for $750,000 on March 24th, 2023

  • March, 2023

  • Mar 24, 2023

    Date

    Sold

    CRMLS: 23233045

    $750,000

    Price

  • Jan 16, 2023

    Date

    Active

    CRMLS: 23233045

    $1,050,000

    Price

  • June, 2021

  • Jun 1, 2021

    Date

    Active

    CRMLS: 21744420

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Daughrity Real Estate and Management Solutions is pleased to present an excellent opportunity to own the investment property with a tenant in place, or this C2 Zoned site is prime for redevelopment. The maximum Height for the potential development is 67 ft. (+22 ft. from TOC incentives), equivalent to 5 stories (+2 stories from TOC incentives) which yields a maximum of 72 units that can be built on this site. Currently, the laundromat is 3,920 square feet sitting on 13,225 square feet. The site is located in a dynamic Historic South-Central Los Angeles. This laundry has been going strong for over 40 years! All systems are in place and ready for an owner-operator. There is a perfect mix of more oversized washers and plenty of dryers. This store is located in a densely populated area with many renters, ideal for a laundry operation. This building has excellent visibility sitting near the prominent corner of very busy Florence & Western Avenue. There are major shopping centers within blocks of this building, and it is nestled blocks away from SoFi Stadium in Inglewood,...

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Tax History for 7210 S Western Ave

Assessed Value (2020): $130,723
Year Land Value Improved Value Assessed Value
2020 $43,461 $87,262 $130,723

Home Value Compared to the Market

This property vs the competition

7210 S Western Ave sold on March 24, 2023 for 11.76% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $267.86 per/sqft which puts the price per square foot 64.52% lower than the current median sale per square foot for the city of Los Angeles.

About 7210 S Western Ave

Detailed summary of property

7210 S Western Ave is a other that recently sold in Los Angeles, CA 90047. This property offered -- bedrooms, -- bathrooms, roughly 3,920 living square feet, and sits on an approximately 13,225 square foot lot. 7210 S Western Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $750,000. 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 11.76% lower than the current median priced home. Local homes that are currently for sale include 5870 Hooper Ave, 4606 Compton Ave and 2582 W Pico Blvd. While the average home in Los Angeles, CA is selling in 93 days, 7210 S Western Ave has a days on market of 63 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 7210 S Western Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7210 S Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1926
Sq. Ft.
3,920
Lot Size
5,510
Stories
1
Type
Service Shop (Tv, Radio, Electric, Plumbing)
Pool
No
Spa
No
County
Los Angeles
Lot#
3,4
APN
6018-001-002

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$765,000
Median List Price/Sq.Ft.
$546
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
85
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

Homes for Sale Near 7210 S Western Ave

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Recently Sold Homes Near 7210 S Western Ave

7025 S Western Ave, Los Angeles, CA 90047
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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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