824 E Jefferson Blvd, Los Angeles, CA 90011
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824 E Jefferson Blvd Los Angeles, CA 90011

$1,450,000 Sold Price as of 10/14/2020
  • 0 Beds
  • 0 Baths
  • 17,205 Sq.Ft.
Sold
$1,450,000 Sold Price as of 10/14/2020 Refinance Your Mortgage

Map preview of 824 E Jefferson Blvd, Los Angeles, CA 90011

Property Overview: 824 E Jefferson Blvd Los Angeles, CA has -- bedrooms, -- bathrooms, 17,205 living square feet and 17,205 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: IMPROVED PRICE !! $$$93 /SF Vacant Land Total Size of 17,205 SF (3 Parcels / 824 830 834 E Jefferson Blvd) LACM 1 Zoning - Great opportunity to develop in South Downtown LA. Former 3 residential properties completely demolished and now vacant land. Located on busy street with great visibility, 4 minutes to USC and 10 minutes to DTLA, Lots of restaurants and transportation near by cross the streets East Jefferson Bl and San Pedro St. ***County records show as M1 zoning but Zimas Reports show all 3 parcels as CM-1 (Commercial Manufacturing) zoning. It is possible to build wholesale, storage, clinics, light manufacturing, and limited C2 and R3 uses as long as city approves it. That means that you can also build multi-family units. With the lot size being 17,205 SF, you can build up to 21-22 units (based on 800 SF minimum per dwelling unit requirement). These properties are located in TOC Tier 1 area so there is a 50% density bonus which allows approx. 10-11 additional units.

Listed by J. Geo Kim | BRE #01855390 | One Properties
Last checked: 12 minutes ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 87

Home details

Lot Sq. Ft
17,205
HOA Dues
$0/mo
Year built
2020
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
20581736
City
Los Angeles
County
Los Angeles
Time on Site
1222 days

Property Details for 824 E Jefferson Blvd

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Bathroom Information
  • # of Baths (Full): 0
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Estimated
Property Information
  • Parcel Number: 5121003007
  • Architectural Style: See Remarks
Location / Neighborhood
Location Information
  • Directions: W of Central E of San Pedro on Jefferson / East of 110 Freeway
View more facts & features

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Sale History for 824 E Jefferson Blvd

Last sold for $1,450,000 on October 14th, 2020
  • February, 2021

  • Feb 25, 2021

    Date

    Sold

    CRMLS: 20581736

    $1,450,000

    Price

  • Aug 17, 2020

    Date

    Active Under Contract

    CRMLS: 20581736

    $1,600,000

    Price

  • Jun 8, 2020

    Date

    Price Change

    CRMLS: 20581736

    $1,600,000

    Price

  • May 21, 2020

    Date

    Active

    CRMLS: 20581736

    $1,890,000

    Price

  • October, 2020

  • Oct 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,450,000

    Price

  • May, 2020

  • May 21, 2020

    Date

    Canceled

    CRMLS: 20580742

    $1,890,000

    Price

  • May 19, 2020

    Date

    Active

    CRMLS: 20580742

    $1,890,000

    Price

  • Listing provided courtesy of CRMLS

    PRICED TO SELL !! Vacant Land Total Size of 17,205 SF (3 Parcels combined / Addresses 824 830 834 E Jefferson) - LACM 1 Zoning - ONLY $110/SF.Great opportunity to develop in South Downtown LA. Former 3 properties demolished and now complete vacant land. Located on busy street with great visibility, 4 minutes to USC and 10 minutes to DTLA, Lots of restaurants and transportation near by cross the streets East Jefferson Bl and San Pedro.

  • May, 2019

  • May 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $950,000

    Price

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Tax History for 824 E Jefferson Blvd

Assessed Value (2020): $548,760
Year Land Value Improved Value Assessed Value
2020 $316,200 $232,560 $548,760

Home Value Compared to the Market

This property vs the competition

824 E Jefferson Blvd sold on October 14, 2020 for 34.45% higher 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 $93 per/sqft which puts the price per square foot 87.68% lower than the current median sale per square foot for the city of Los Angeles.

About 824 E Jefferson Blvd

Detailed summary of property

824 E Jefferson Blvd is a single family home that recently sold in Los Angeles, CA 90011. This house offered -- bedrooms, -- bathrooms, roughly 17,205 living square feet, and sits on an approximately 17,205 square foot lot. 824 E Jefferson Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,450,000. 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 34.45% higher than the current median priced home. Local homes that are currently for sale include 900 W Olympic Blvd #39C, 900 W Olympic Blvd #27G and 900 W Olympic Blvd #29H. While the average home in Los Angeles, CA is selling in 92 days, 824 E Jefferson Blvd has a days on market of 87 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 824 E Jefferson Blvd Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 824 E Jefferson Blvd

Public county record property details
Beds
3
Baths
1
Year built
1904
Sq. Ft.
1,538
Lot Size
5,294
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
111
APN
5121-003-007

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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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.