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741 Columbia Ave, Los Angeles, CA 90017
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741 Columbia Ave Los Angeles, CA 90017

$635,000 Sold Price as of 03/31/2023
  • 4 Beds
  • 2 Baths
  • 2,294 Sq.Ft.
Sold
$635,000 Sold Price as of 03/31/2023 Refinance Your Mortgage
Map preview of 741 Columbia Ave, Los Angeles, CA 90017

Property Overview: 741 Columbia Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,294 living square feet and 4,574 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity for a savvy investor/developer to renovate or develop this 4 bedroom, 2 bathroom home, with endless possibilities. Located on a 4573 square foot plot of land, this property offers more than meets the eye. It's been stripped out internally, so this is a blank canvas that is ready for you to create the home of your dreams. At 2224 square feet, the internal footprint of this property provides you with ample opportunity to customize. Whether you want to create a homely and comfortable family home, or a stunning investment property, this property could be the right fit for you. With a great potential to increase the value of the property, there's no doubt that the future of this home is in your hands. This home also has the potential to be developed into a multi-unit property. Call today for more information

Listed by Glen Coutinho | BRE #02070972 | Harcourts Beverly Hills
Last checked: 22 seconds ago | Last updated: April 7th, 2023 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
4,574
HOA Dues
$0/mo
Year built
1901
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23250495
City
Los Angeles
County
Los Angeles
Time on Site
402 days

Property Details for 741 Columbia Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Family Room, Entry, Master Bathroom
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • 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: Driveway
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5142021001
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: travelling along Wilshire Bvd, turn onto S Union Ave, then left on W 7th St then right onto Columbia Ave
View more facts & features

Local Los Angeles Agent

Sale History for 741 Columbia Ave

Last sold for $635,000 on March 31st, 2023

  • March, 2023

  • Mar 31, 2023

    Date

    Sold

    CRMLS: 23250495

    $635,000

    Price

  • Mar 3, 2023

    Date

    Active

    CRMLS: 23250495

    $699,990

    Price

  • March, 2023

  • Mar 1, 2023

    Date

    Expired

    CRMLS: SR23012419

    $788,000

    Price

  • Jan 23, 2023

    Date

    Active

    CRMLS: SR23012419

    $705,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION LOCATION LOCATION Investor, Contractor, Builder's Dream. Needs Lots of TLC. FIXER of Your your Dream.

  • December, 2022

  • Dec 17, 2022

    Date

    Canceled

    CRMLS: FR22247300

    $788,888

    Price

  • Nov 28, 2022

    Date

    Active

    CRMLS: FR22247300

    $788,888

    Price

  • Listing provided courtesy of CRMLS

    Potential annual rental income for 9 bedrooms of $121,200 to over $175,200 for rooms and car parking, neighboring house renting rooms at $1125/month per room. Interior has been completely demoed/gutted for a full new renovation. Zoned R-3 Not a historical resource. LADBS has substandard until property is renovated and habitable. LADBS approved architect plan for 2 master/2 bath, 6 beds/2 bath, 1 kitchen, 1 office, newly built 2 car garage, 2294 sf, total 8 beds/4 baths. We have LADBS approved permits for all the necessary repairs including electrical and plumbing. LADBS approved permits: 22041-10000-58345 X22LA16734 Electrical Issued 11/8/2022 New electrical work. 22042-10000-23893 X22LA16735 Plumbing Issued 11/8/2022 Plumbing. Easy short walking distance to USC, USC Bovard College, Loyola Law School 0.2 miles, grocery, restaurants, fast food, Dodger Stadium, Crypto Center and many businesses, restaurants, stores and shops. Very conveniently located near numerous businesses and stores.

  • July, 2022

  • Jul 17, 2022

    Date

    Canceled

    CRMLS: BB22132179

    $799,000

    Price

  • Jun 19, 2022

    Date

    Active

    CRMLS: BB22132179

    $895,000

    Price

  • Listing provided courtesy of CRMLS

    Excellent location, 2 blocks from Wilshire Blvd, downtown Los Angeles, near tons of businesses and major freeways. House has been gutted, with everything removed except the original charming features, including windows and banister. You can rehab it into a character SFR or build new units. Land is zoned R3. Two-car garage is recently rebuilt. Buyer will need to clear city substandard notice. Cash and quick close ONLY.

  • June, 2022

  • Jun 16, 2022

    Date

    Canceled

    CRMLS: 22115545

    $899,800

    Price

  • Jan 4, 2022

    Date

    Active

    CRMLS: 22115545

    $899,800

    Price

  • Listing provided courtesy of CRMLS

    Fixer Upper

  • August, 2021

  • Aug 10, 2021

    Date

    Active

    CRMLS: SW21176288

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Introducing this excellent investment opportunity to redevelop this single family home with the already approved plans for a 7 bedroom, 3.5 bathroom single family home or build a multi unit! Home has been completely gutted and is ready to develop. There is a newly built 2 car garage on the property to use for parking, storage or even convert into another living space for additional income (upon city approval). With just a quick 5 minute walk to downtown Los Angeles shopping, restaurants, hotels and entertainment, this could also be an ideal investment as a short term rental such as airbnb. This property is zoned Tier1 R3 Transit Oriented Communities (TOC) with TOC guidelines providing for reduced parking and setback requirements. (Buyer and buyer's agent to do their due diligence and verify all zoning and TOC rules and regulations with the Los Angeles department of Building and Safety).

  • August, 2021

  • Aug 2, 2021

    Date

    Active

    CRMLS: SW21169662

    $1,150,000

    Price

  • Listing provided courtesy of CRMLS

    Introducing this excellent investment opportunity to redevelop this single family home with the already approved plans for a 7 bedroom, 3.5 bathroom single family home or build a multi unit! Home has been completely gutted and is ready to develop. There is a newly built 2 car garage on the property to use for parking, storage or even convert into another living space for additional income (upon city approval). With just a quick 5 minute walk to downtown Los Angeles shopping, restaurants, hotels and entertainment, this could also be an ideal investment as a short term rental such as airbnb. This property is zoned Tier1 R3 Transit Oriented Communities (TOC) with TOC guidelines providing for reduced parking and setback requirements. (Buyer and buyer's agent to do their due diligence and verify all zoning and TOC rules and regulations with the Los Angeles department of Building and Safety).

  • October, 2020

  • Oct 5, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • January, 2017

  • Jan 31, 2017

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

Show More

Tax History for 741 Columbia Ave

Assessed Value (2020): $603,921
Year Land Value Improved Value Assessed Value
2020 $449,951 $153,970 $603,921

Home Value Compared to the Market

This property vs the competition

741 Columbia Ave sold on March 31, 2023 for 33.33% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $305.14 per/sqft which puts the price per square foot 58.65% lower than the current median sale per square foot for the city of Los Angeles.

About 741 Columbia Ave

Detailed summary of property

741 Columbia Ave is a single family home that recently sold in Los Angeles, CA 90017. This house offered 4 bedrooms, 2 bathrooms, roughly 2,294 living square feet, and sits on an approximately 4,574 square foot lot. 741 Columbia Ave was first listed on ArdentRealEstateGroup.com on March 14, 2023. The homeowner sold the property for $635,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.33% lower than the current median priced home. Local homes that are currently for sale include 1100 Wilshire Blvd #2610, 1100 Wilshire Blvd #2703 and 1100 Wilshire Blvd #2707. While the average home in Los Angeles, CA is selling in 97 days, 741 Columbia Ave has a days on market of 21 days. There are currently 3357 homes for sale in the Los Angeles real estate market and 2273 of them are single family homes while 993 of them are condos and 86 are townhomes. For more information on this home for sale at 741 Columbia Ave Los Angeles, CA 90017 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 741 Columbia Ave

Public county record property details
Beds
4
Baths
2
Year built
1901
Sq. Ft.
2,294
Lot Size
4,538
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5142-021-001

The source for these homes facts are from public records.

90017 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$634
Total Inventory
90
Median Sale to List Price %
95.24%
Avg Days on Market
41
Loan Type
Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Recently Sold Homes Near 741 Columbia Ave

749 Columbia Ave, Los Angeles, CA 90017
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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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