$1,902,873*
●
Commercial -
Off Market
5718 WESTERN AVE
LOS ANGELES, CA 90062
Studio
0 Bath
$1,620,000 - $1,980,000
Reference Base Price*
5.72%
Since Mar 1, 2023
CA-Los Angeles
Primary Model
About This Property
2 contiguous lots (5718 & 5722 S Western Ave) on the cormer of
Western and 58th Street APNS: 5003-029-013 & 5003-029-014 totaling
approximately 10,016 SF of LAC2 zoned parcels. According to
the seller's architect, and on Zimas, the land is in the TOC Tier 3
allowing a 70% boost in density = 12.52 x 1.7 = 22 units, if
affordable are included in the Eligible Housing Development
program, with parking at .5/unit, more units may be possible.
Potential buyers are to do their own verification of data and
statistics before tendering an offer. Land is consider vacant
land even though there is a tiny shed on the property and the owner
is using it for his own storage which will be removed when the
property is sold. Photos are when the land was vacant without the
storage items. Land is presently gated.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
2003
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Feb 13, 2023 | No longer available | - | |
No longer available | |||
Oct 6, 2022 | In contract | - | |
In contract | |||
Nov 5, 2021 | Listed | $1,800,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/05/2021
|
|
Loft
|
-
|
-
|
$1,800,000
Loft
-
|
-
-
|
-
|
Robert Leighton
Rodeo Realty Inc.
|
12/28/2020
|
|
Loft
|
-
|
-
|
$1,595,000
Loft
-
|
-
-
|
-
|
Robert Leighton
Rodeo Realty Inc.
|
12/27/2019
|
|
Loft
|
-
|
-
|
$1,595,000
Loft
-
|
-
-
|
-
|
-
|
Building Info
5718 South Western Avenue
5718 South Western Avenue, Los Angeles, CA 90062
- 1 Unit for Sale