See Home Value
$1,902,873*
Commercial - Off Market

5718 WESTERN AVE

LOS ANGELES, CA 90062
bedrooms
Studio
bathrooms
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$1,800,000 Nov 30, 2022
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20211105
11/05/2021
Loft
-
-
$1,800,000
bedrooms
Loft
bathrooms
-
-
-
-
Robert Leighton
Rodeo Realty Inc.
20201228
12/28/2020
Loft
-
-
$1,595,000
bedrooms
Loft
bathrooms
-
-
-
-
Robert Leighton
Rodeo Realty Inc.
20191227
12/27/2019
Loft
-
-
$1,595,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

5718 South Western Avenue 5718 South Western Avenue, Los Angeles, CA 90062
  • 1 Unit for Sale
More about this Building
5718 South Western Avenue
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About South LA


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