7320 N Figueroa St, Los Angeles, CA 90041
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7320 N Figueroa St Los Angeles, CA 90041

$2,999,999
  • -- Beds
  • -- Baths
  • 1,008 Sq.Ft.
For Sale
$2,999,999 Get Pre-Qualified

Map preview of 7320 N Figueroa St, Los Angeles, CA 90041

Property Overview: 7320 N Figueroa St Los Angeles, CA has -- bedrooms, -- bathrooms, 1,008 living square feet and 7,517 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: "Luxury Auto Spa" / "Car Wash" Investment opportunity for owner-user or experienced investor to purchase Real Estate with successful business. Multiple streams of income from hand washes, details, wraps, rims, c-store, and more! 13.25 CAP! Owner will provide up to six months of training. Buyer will inherit $1M worth of Equipment, Permits pending for new detached 6-car garage. PLEASE DO NOT DISTURB THE MANAGERS AND EMPLOYEES.

Listed by MATTHEW BOLLMAN | BRE #01841818 | FOUR CLOVER HOMES, INC.
Last checked: 13 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 197
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,517
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Retail
Status
Active
MLS#
IV23186930
City
Los Angeles
County
Los Angeles
Time on Site
205 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: --

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Property Details for 7320 N Figueroa 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: 5481013029
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 134 & Figueroa
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Sale History for 7320 N Figueroa St

Last sold for $2,100,000 on September 6th, 2018
  • October, 2023

  • Oct 9, 2023

    Date

    Active

    CRMLS: IV23186930

    $2,999,999

    Price

  • May, 2023

  • May 22, 2023

    Date

    Canceled

    CRMLS: TR23065575

    $3,250,000

    Price

  • Apr 19, 2023

    Date

    Active

    CRMLS: TR23065575

    $3,250,000

    Price

  • Listing provided courtesy of CRMLS

    3-Lux Auto Spa caters and specializes in high end vehicles while also servicing all others. The property comes with the car wash but also a well-established auto accessory business. You can go from a high end window tinting to a high end, premier sound system. This property is a pie shape lot with double driveway and on its own block. It offers plenty of possibilities for any and all developers in proximity to the 210 and 134 reeways, Pasadena, Sout Pasadena and Hghland Park areas.

  • September, 2018

  • Sep 6, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,100,000

    Price

  • August, 2015

  • Aug 31, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,225,000

    Price

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Tax History for 7320 N Figueroa St

Assessed Value (2020): $2,142,000
Year Land Value Improved Value Assessed Value
2020 $1,428,000 $714,000 $2,142,000

Home Value Compared to the Market

This property vs the competition

7320 N Figueroa St is listed 144.9% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $2976.19 per/sqft which puts the price per square foot 284.52% higher than the median price per square foot for the city of Los Angeles.

About 7320 N Figueroa St

Detailed summary of property

7320 N Figueroa St is a retail located in Los Angeles, CA 90041 and is currently for sale. This retail property offers -- bedrooms, -- bathrooms, roughly 1,008 living square feet, and sits on an approximately 7,517 square foot lot. 7320 N Figueroa St was first listed on ArdentRealEstateGroup.com on October 9, 2023. The homeowner is currently asking $2,999,999. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 144.9% higher than the median priced home. Local competing homes currently for sale include 1035 6th, 1540 South Coast Highway #102 and 9741 Magnolia Ave. While the average home in Los Angeles, CA is selling in 96 days, 7320 N Figueroa St has a days on market of 197 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 7320 N Figueroa St Los Angeles, CA 90041 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 7320 N Figueroa St

Public county record property details
Beds
--
Baths
--
Year built
1950
Sq. Ft.
1,008
Lot Size
7,536
Stories
1
Type
Car Wash
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5481-013-029

The source for these homes facts are from public records.

90041 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,388,000
Median List Price/Sq.Ft.
$797
Median Sold Price
$1,211,000
Median Sold Price/Sq.Ft.
$967
Total Inventory
37
Median Sale to List Price %
101.34%
Avg Days on Market
37
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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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.