8701 S Broadway, Los Angeles, CA 90003
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8701 S Broadway Los Angeles, CA 90003

$2,030,000 Sold Price as of 11/06/2020
  • -- Beds
  • -- Baths
  • 13,965 Sq.Ft.
Sold
$2,030,000 Sold Price as of 11/06/2020 Refinance Your Mortgage

Map preview of 8701 S Broadway, Los Angeles, CA 90003

Property Overview: 8701 S Broadway Los Angeles, CA has -- bedrooms, -- bathrooms, 13,965 living square feet and 15,844 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to invest in a retail property near downtown area. Easy access from the 110 freeway. Great location for thrifty store and/or limited manufacturing business. This building situated on the corner of Broadway and W. 87th street. Customers can use free limited hour parking, provided by City. This unit also has fenced space for secure merchandise loading and basement which is not added to building area. Basement space can be used for additional storage. Less then 8 mails away form Downtown Los Angels and 19 miles away from Port of Long Beach.

Listed by Jonathan Park | BRE #01957191 | Paradise Realty
Co-listed by Kenny Park | BRE #01784456 | Paradise Realty
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 139

Home details

Lot Sq. Ft
15,844
HOA Dues
$0/mo
Year built
1993
Garage
--
Property Type:
Warehouse
Status
Sold
MLS#
RS20076869
City
Los Angeles
County
Los Angeles
Time on Site
1216 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
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 8701 S Broadway

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 6040019001
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W 87th street & Broadway
View more facts & features

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Sale History for 8701 S Broadway

Last sold for $2,030,000 on November 6th, 2020
  • November, 2020

  • Nov 6, 2020

    Date

    Sold

    CRMLS: RS20076869

    $2,030,000

    Price

  • Sep 14, 2020

    Date

    Pending

    CRMLS: RS20076869

    $2,100,000

    Price

  • Apr 28, 2020

    Date

    Price Change

    CRMLS: RS20076869

    $2,100,000

    Price

  • Apr 21, 2020

    Date

    Active

    CRMLS: RS20076869

    $2,200,000

    Price

  • November, 2020

  • Nov 5, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,030,000

    Price

  • June, 2005

  • Jun 21, 2005

    Date

    Sold (Public Records)

    Public Records

    $925,000

    Price

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Tax History for 8701 S Broadway

Assessed Value (2020): $2,866,224
Year Land Value Improved Value Assessed Value
2020 $1,424,068 $1,442,156 $2,866,224

Home Value Compared to the Market

This property vs the competition

8701 S Broadway sold on November 6, 2020 for 76.47% 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 $150.38 per/sqft which puts the price per square foot 80.08% lower than the current median sale per square foot for the city of Los Angeles.

About 8701 S Broadway

Detailed summary of property

8701 S Broadway is a warehouse that recently sold in Los Angeles, CA 90003. This warehouse offered -- bedrooms, -- bathrooms, roughly 13,965 living square feet, and sits on an approximately 15,844 square foot lot. 8701 S Broadway was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,030,000. 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 76.47% higher than the current median priced home. Local homes that are currently for sale include 3433 E Pico Blvd, 1726 Crenshaw Blvd and 1722 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 93 days, 8701 S Broadway has a days on market of 139 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 8701 S Broadway Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8701 S Broadway

Public county record property details
Beds
--
Baths
--
Year built
1993
Sq. Ft.
13,965
Lot Size
15,843
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
1,27
APN
6040-019-001

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$590,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
36
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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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.