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Sold for $1,250,000 · Jul 2023

SOLD

Listed at $1,395,000

Sold

2330 E 3rd Street, Los Angeles, CA 90033

Los Angeles, CA

MLS# 23266277

Property
50 days on market

Listing Agent

Ardy Ishal

Listing Agent

BRC Advisors- BH

DRE #: 01769601

Brokerage: BRC Advisors- BH

Property Details

N/A

Bedrooms

0

Bathrooms

N/A

Square Feet

N/A

Year Built

0.2 acres

Lot Size

N/A

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

BRC Advisors-BH is pleased to offer for sale a vacant and "cleared" corner lot in Boyle Heights, that is development-ready for up to 50 affordable apartment units utilizing AB1763, the State Density Bonus law. The site is 8,897 SF zoned [LA]RD1.5-1, there are no required tenant relocations, and the structures have already been demolished. Recent state and local assembly bills affecting the City of Los Angeles provide density increases, parking reductions, and other incentives favorable to land sites such as this when providing an affordable component. The lot is both easily accessible and highly visible on a corner lot along Soto Street with easy access to the 5,10, and 101 freeways. Additionally, the newly completed Metro Gold Line station at East 1st Street is only two blocks to the north.

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

Sale history for 2330 E 3rd Street

1 recorded sale

$1,250,000
Sold July 2023 · listed $1,395,000, on market May 2023, 50 days on market · MLS #23266277 · Source: CRMLS
Listing Agent: Ardy Ishal · Listing Office: BRC Advisors- BH · Bought with: Subscriber Non · Non-Participant Office

How this sale compares

2330 E 3rd Street sold for $1,250,000 in July 2023, 10% under its $1,395,000 list price, after 50 days on the market. Across 67 closed sales in 90033 over the last 12 months, the median sold price is $725,000 and the median is $375 per square foot.

$375
90033 median per sq ft (12 mo)
$725,000
90033 median sold price (12 mo)
67
Closed sales in 90033 (12 mo)
50
Days on market
−10%
Sold vs. list price
QuarterClosed sales in 90033Median sold price
Q1 20264$1,037,500
Q2 202626$762,500
Q3 202628$646,000
Q4 20269$738,000

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 90033

Recent sales near 2330 E 3rd Street

Closed sales reported in 90033, nearest first, last 12 months. All recent sales in Los Angeles →

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