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Sold for $1,060,000 · Sep 2023

SOLD

Listed at $1,200,000

Sold

1405 W 228th Street, Los Angeles, CA 90501

Los Angeles, CA

MLS# SB23052646

Property
34 days on market

Listing Agent

Nick Peters

Listing Agent

Engel & Volkers LA-South Bay

DRE #: 00880972

Brokerage: Engel & Volkers LA-South Bay

Property Details

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Bedrooms

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Square Feet

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Year Built

0.35 acres

Lot Size

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Price/Sq Ft

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Garage Spaces

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HOA

Property

Property Type

Description

15,215 SF of level land zoned LACM. Perfect for multi-residential or commercial development. There is a home plus a few other older structures on the property. CORNER lot is ideal for development. Note new construction around the immediate area. As of 4/26/23 the property next door at 1409 is also for sale. RARE opportunity to buy 2 side-by-side lots, both having rentable structures on them. Combined there is about 30,000 SF of land for current or future development. In the meantime, the onsite units can be rented out.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history for 1405 W 228th Street

1 recorded sale

$1,060,000
Sold September 2023 · listed $1,200,000, on market March 2023, 34 days on market · MLS #SB23052646 · Source: CRMLS
Listing Agent: Nick Peters · Listing Office: Engel & Volkers LA-South Bay · Contact: 310-308-2609 · Bought with: Nick Peters · Engel & Volkers LA-South Bay

How this sale compares

1405 W 228th Street sold for $1,060,000 in September 2023, 12% under its $1,200,000 list price, after 34 days on the market. Across 151 closed sales in 90501 over the last 12 months, the median sold price is $975,000 and the median is $628 per square foot.

$628
90501 median per sq ft (12 mo)
$975,000
90501 median sold price (12 mo)
151
Closed sales in 90501 (12 mo)
34
Days on market
−12%
Sold vs. list price
QuarterClosed sales in 90501Median sold price
Q1 202610$1,080,500
Q2 202656$958,050
Q3 202669$975,000
Q4 202616$1,009,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90501

Recent sales near 1405 W 228th Street

Closed sales reported in 90501, nearest first, last 12 months. All recent sales in Los Angeles →

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CRMLS

MLS# SB23052646

Listed: 3/30/2023

© 2026 California Regional Multiple Listing Service, Inc. Based on information from the California Regional Multiple Listing Service, Inc. as of 9/11/2023. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Engel & Volkers LA-South Bay

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Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.