921 Broxton Ave, Los Angeles, CA 90024
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921 Broxton Ave Los Angeles, CA 90024

$3,550,000 Sold Price as of 03/18/2024
  • -- Beds
  • -- Baths
  • 3,861 Sq.Ft.
Sold
$3,550,000 Sold Price as of 03/18/2024 Refinance Your Mortgage

Map preview of 921 Broxton Ave, Los Angeles, CA 90024

Property Overview: 921 Broxton Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 3,861 living square feet and 3,864 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to an exceptional opportunity to acquire a prominent commercial property, for sale for the first time in decades, located in the heart of bustling Westwood Village. This impressive building offers an ideal investment for businesses seeking a strategic location amidst the city's thriving economic center. **Property Features:** - **Location:** Strategically situated in the vibrant heart of the city, directly next to UCLA, offering high visibility and accessibility. - **Space:** 3861 square feet of versatile space spread across 2 floors, might be eligible for 3, adaptable to various business needs. - **Modern Architecture:** A contemporary design that boasts a 8 set of glass sliding doors and an inviting facade, providing an impressive corporate image. - **Accessibility:** Convenient access to major transportation hubs, public transit, and key arterial roads, ensuring ease of commuting for employees and customers alike. - **Surrounding Area:** On same block as Starbucks, BJ’s pizza, and iconic movie theatres. Within close proximity to renowned business establishments, dining options, entertainment venues, and other amenities, fostering a vibrant work-life balance for employees. **Ideal for:** - Corporate headquarters - Financial institutions - Technology firms - Professional services - Educational institutions - And various other commercial ventures **Investment Potential:** This prime commercial building presents an unparalleled investment opportunity, offering a solid foundation for long-term growth and prosperity. With its strategic location and modern infrastructure, it promises a lucrative return on investment and a prestigious platform for business success. Currently has one tenant that is month to month, but is willing to sign a multi-year lease. The unit is 20% of total building space. Previous tenant for majority of building was there for 20 years @$21000 per month. **Schedule a Viewing:** Don't miss out on this extraordinary chance to own a premier commercial property in the heart of Westwood Village. Contact us today to schedule a private viewing and explore the endless possibilities this remarkable building has to offer for your business aspirations. Broker and Broker's Agents do not represent or guarantee square footage, parking/ bathroom count, lot size, lot dimensions, permitted or un-permitted space, renovations, or other information concerning the conditions and features of the property.

Listed by Michael McCreary | BRE #01481957 | KW Temecula
Last checked: 12 minutes ago | Last updated: March 20th, 2024 | Source CRMLS | DOM: 74

Home details

Lot Sq. Ft
3,864
HOA Dues
$0/mo
Year built
1942
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
SW23223984
City
Los Angeles
County
Los Angeles
Time on Site
138 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 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 921 Broxton Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre, Level with Street, Near Public Transit, Walkstreet
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Parcel Number: 4363017012
  • Year Built Source: Public Records
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: 405 to Wilshire to Military to Broxton
View more facts & features

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Sale History for 921 Broxton Ave

Last sold for $3,550,000 on March 18th, 2024
  • March, 2024

  • Mar 18, 2024

    Date

    Sold

    CRMLS: SW23223984

    $3,550,000

    Price

  • Dec 15, 2023

    Date

    Active

    CRMLS: SW23223984

    $4,999,999

    Price

  • November, 2018

  • Nov 6, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 2016

  • Sep 26, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 921 Broxton Ave

Assessed Value (2020): $1,143,401
Year Land Value Improved Value Assessed Value
2020 $799,900 $343,501 $1,143,401

Home Value Compared to the Market

This property vs the competition

921 Broxton Ave sold on March 18, 2024 for 215.13% 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 $971.25 per/sqft which puts the price per square foot 28.64% higher than the current median sale per square foot for the city of Los Angeles.

About 921 Broxton Ave

Detailed summary of property

921 Broxton Ave is a mixed use that recently sold in Los Angeles, CA 90024. This mixed use property offered -- bedrooms, -- bathrooms, roughly 3,861 living square feet, and sits on an approximately 3,864 square foot lot. 921 Broxton Ave was first listed on ArdentRealEstateGroup.com on December 15, 2023. The homeowner sold the property for $3,550,000. 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 215.13% higher than the current median priced home. Local homes that are currently for sale include 1338 W Manchester Ave, 731 W 80th and 649 W 92nd St. While the average home in Los Angeles, CA is selling in 96 days, 921 Broxton Ave has a days on market of 74 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 921 Broxton Ave Los Angeles, CA 90024 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 921 Broxton Ave

Public county record property details
Beds
--
Baths
--
Year built
1942
Sq. Ft.
3,861
Lot Size
3,876
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
9,10
APN
4363-017-012

The source for these homes facts are from public records.

90024 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,495,000
Median List Price/Sq.Ft.
$843
Median Sold Price
$1,900,000
Median Sold Price/Sq.Ft.
$897
Total Inventory
159
Median Sale to List Price %
102.7%
Avg Days on Market
49
Loan Type
Conventional (8.33%), FHA (0%), VA (0%), Cash (12.5%), Other (0%)

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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.