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920 S La Brea Ave, Los Angeles, CA, 90036

$2,495,000

0.14 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #23312597
Lot Size0.14 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 920 S La Brea Ave

Introducing an exceptional investment opportunity at 920 S La Brea, where a sprawling vacant lot awaits your vision. The true allure of this property lies in its zoning potential. The Tier 3 TOC - C2/R4 Zoning allows for the construction of up to 26 units. This creates a unique investment prospect for developers seeking to capitalize on the high demand for residential spaces in this vibrant neighborhood. Enjoy proximity to an array of amenities, including trendy shops, fine dining establishments, and cultural attractions. Its strategic position offers residents easy access to major transportation arteries, making daily commutes a breeze. Don't miss this rare chance to shape the future of this prime piece of Los Angeles real estate. Whether you envision a modern condominium complex, stylish apartments, or another innovative concept, this property is not just an investment; it's a canvas for your vision. Contact us today to schedule a viewing and explore the endless opportunities that await you.

Property Details

Property Features

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Richard Schulman

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • Los Angeles Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • John Burroughs Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Wilshire Crest Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: N of Olympic Blvd, S of Wilshire Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000

Tax Information:

  • Annual Amount: $4,325
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

920 S La Brea Ave vs Los Angeles

220 DAYS ON ROCKET

+186 Days

$2,495,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23312597

Listing Office:

  • Office Name: KW Advisors
  • Office Phone: (310) 482-2200
  • Listing Agent: Richard Schulman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 4:20:41 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,325$326,947
2020$4,206$323,596
2019$4,068$317,252
2018$3,987$311,033
2017$3,987$304,935

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6034110
4
/10
  • Wilshire Crest Elementary School

  • 5241 W Olympic Blvd

  • 0.11 miles

  • Public District Grades KG-5

school-card-donut-6034111
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 1.79 miles

  • Public Magnet Grades KG-6

school-card-donut-6034112
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 19.28 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6034113
8
/10
  • John Burroughs Middle School

  • 600 S Mccadden Pl

  • 0.64 miles

  • Public Magnet Grades 6-8

school-card-donut-6034114
4
/10
  • Studio

  • 2211 W Avenue 30

  • 7.00 miles

  • Public District Grades 6-8

High School

school-card-donut-6034115
2
/10
  • Los Angeles Senior High School

  • 4650 W Olympic Blvd

  • 0.74 miles

  • Public Magnet Grades 9-12

school-card-donut-6034116
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.77 miles

  • Public Magnet Grades 9-12

school-card-donut-6034117
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.83 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,466. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 920 S La Brea Ave

What is the listing price of this property?

The listing price of 920 S La Brea Ave property is $2,495,000.

What type of property is this?

The property 920 S La Brea Ave is land located in Los Angeles, California, 90036.

Is this property for sale now?

Accepting Backup Offers: 920 S La Brea Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 920 S La Brea Ave are:
Wilshire Crest Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
John Burroughs Middle School: GreatSchools Rating 8/10
Studio: GreatSchools Rating 4/10
Los Angeles Senior High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,325 (source: MLS/based on county public records data).

How much acreage is this property?

The property 920 S La Brea Ave is 0.14 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90036920 S La Brea Ave

This home is located at 920 S La Brea Ave in Los Angeles, CA and zip code 90036 in the Central LA neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since September 26, 2023 and is currently priced at $2,495,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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