ParkingAssigned, Controlled Entrance, Direct Access, Driveway, Garage
Garage12 spaces
Year BuiltNew Const., 2022
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Neighborhood
MLS #MB24164906
Lot Size0.37 Acres
StatusActive
About 2725 S La Brea Ave
THIS IS THE ONE: NEWLY BUILT (2022) -NO RENT CONTROL, fully stabilized 10-UNITS located at 2725-2801 S La Brea Ave! Situated on a combined 15,999 square foot parcel with sufficient parking and common shared exterior space, this property offers the best amenities for all co-living arrangements. The combined 15,860 living SQ FT makes this a sound investment to purchase a new construction property under $450 per square foot and/or $699K per unit. This unique property is located just minutes away from the rapidly changing Jefferson Boulevard strip within the desirable West Adams neighborhood, this sought-after location offers convenient access to fresh new eateries, employment centers and retail. Amazon Studios, Apple, Warner Media and Sony all occupy space in neighboring Culver City This influx has caused many tech and media companies to relocate into West Adams which in turn is experiencing tremendous growth fueled by significant development activity and a growing roster of retail & office tenants. This location is less than 2 miles away from Cumulus, which has over 100,000 square feet of retail anchored by Whole Foods. The surrounding area continues to experience gentrification, making West Adams a compelling value-proposition for tenants who are getting priced out of neighboring submarkets. West Adams is poised for employment and rent growth, making 2725 S. La Brea Ave an attractive opportunity for a long-term sustainable investment-make this your 1031 exchange-call today! Please do not disturb the residents!
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 2022
Stories: 3
Listing Office:
Office Name: CENTURY 21 REALTY MASTERS
Office Phone: (323) 253-5456
Listing Agent: XIO SANDOVAL
Interior Features
Interior Information:
Flooring Type: Laminate
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights, Neighborhood
Parking Information:
Garage Space: 12 spaces
Parking: Assigned, Controlled Entrance, Direct Access, Driveway, Garage
Lot Features
Lot Information:
Lot Size: 0.37 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Susan Miller Dorsey 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
Johnnie Cochran, Jr., Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Cienega 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: Between W. Adams and Jefferson
Price Information
Listing Price Info
Price Summary:
List Price: $6,990,000
Tax Information:
Annual Amount: $18,377
Tax Year: 2021
What can I afford?
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $5.9M 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: #MB24164906
Listing Office:
Office Name: CENTURY 21 REALTY MASTERS
Office Phone: (323) 253-5456
Listing Agent: XIO SANDOVAL
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: 10/22/2024, 9:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 31, 2020
Jul 31, 2020Home Sold
$495,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$18,377
$1,540,000
2020
$722
$38,803
2019
$670
$38,044
2018
$661
$37,299
2017
$661
$36,568
History based on county public records data.
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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
3
/10
Cienega Elementary School
2611 S Orange Dr
Distance between this listing and this school0.15 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.77 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school19.89 miles
Public Magnet Grades 1-5
Middle School
3
/10
Johnnie Cochran, Jr., Middle School
4066 West Johnnie Cochran Vist
Distance between this listing and this school1.70 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.40 miles
Public District Grades 6-8
High School
2
/10
Susan Miller Dorsey Senior High School
3537 Farmdale Ave
Distance between this listing and this school0.61 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school8.06 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school14.05 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Cienega Elementary School
2611 S Orange Dr
Distance between this listing and this school0.15 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school3.77 miles
Public Magnet Grades KG-6
9
/10
Academy For Enriched Sciences
6170 Lockhurst Dr
Distance between this listing and this school19.89 miles
Public Magnet Grades 1-5
Assigned Schools
3
/10
Johnnie Cochran, Jr., Middle School
4066 West Johnnie Cochran Vist
Distance between this listing and this school1.70 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.40 miles
Public District Grades 6-8
Nearby Schools
4
/10
New Los Angeles Charter
1919 S Burnside Ave
Distance between this listing and this school0.80 miles
Public Charter Grades 6-8
Assigned Schools
2
/10
Susan Miller Dorsey Senior High School
3537 Farmdale Ave
Distance between this listing and this school0.61 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school8.06 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school14.05 miles
The neighbors living near this home have an average income of $52,549. Typical income of Los Angeles, CA residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2725 S La Brea Ave
What is the listing price of this property?
The listing price of 2725 S La Brea Ave property is $6,990,000.
What type of property is this?
The property 2725 S La Brea Ave is a townhouse located in Los Angeles, California, 90016.
Is this property for sale now?
Active Listing: 2725 S La Brea Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 2725 S La Brea Ave are: Cienega Elementary School: GreatSchools Rating 3/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Academy For Enriched Sciences: GreatSchools Rating 9/10Johnnie Cochran, Jr., Middle School: GreatSchools Rating 3/10Studio: GreatSchools Rating 4/10Susan Miller Dorsey Senior High School: GreatSchools Rating 2/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $18,377 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 31, 2020 for $495,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 2725 S La Brea Ave is 2022.
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This home is located at 2725 S La Brea Ave in Los Angeles, CA and zip code 90016 in the South LA neighborhood. This home, which was built in 2022, sits on a 0.37 acre lot. It has been listed on Rocket Homes since August 09, 2024 and is currently priced at $6,990,000.
While more than 532 listings in Los Angeles, CA in September 2024 were sold above asking price, there were more than 180 listings sold at asking price, and more than 619 were sold below. The number of listings in Los Angeles, CA increased by 10.6% between August 2024 and September 2024. In September 2024, listings were on the market for 36 days. During the same period, the median list price in this real estate market was $1,012,476.
From Rocket Homes Real Estate and based on county public records data.