- Location
3010 East 1st Street, Los Angeles, CA 90063 - Sold Value $1,200,000 $275
- Asset Type Mixed Use
- Area
4,356 SF - Parties 1 Broker,1 Agency
3010 East 1st Street, Los Angeles, CA 90063
$1,200,000
Mixed Use
4,356 SF
Keller Williams
Agency
Comparables: 3010 East 1st Street
Showing 4 of 12
$1,150,000
- StatusSOLD, $426 PPSF
- Date04/05/22
- Address11468 Burbank Boulevard, North Hollywood, California 91601, United States
- AssetMIXED USE
2+
$1,300,000
- StatusSOLD, $378 PPSF
- Date08/31/21
- Address7444 Lankershim Boulevard, North Hollywood, CA 91605
- AssetMIXED USE
1+
$1,256,200
- StatusSOLD, $287 PPSF
- Date08/30/21
- Address5528 Monte Vista St, Northeast Los Angeles, Los Angeles, CA, USA
- AssetMIXED USE
1+
$1,350,000
- StatusSOLD, $659 PPSF
- Date05/27/21
- Address3020 Sunset Blvd, Silver Lake, Los Angeles, CA, USA
- AssetMIXED USE
2+
Suggest Edits
This Deal on Social
SALE
IMAGE: Dana Coronado
DATE: 01/06/2022
ADDRESS: 3010 E. 1st St.
MARKET: Boyle Heights
ASSET TYPE: Mixed-use
BUYER: Majed Owainat
SELLER: Socorro Varela & Patricia Varela
BROKER: Dana Coronado (@DanaCoronadoIncomePropertiesLA) – KW Commercial
SALE PRICE: $1,200,000
SF: 4,356 ~ PPSF: $275
NOTE FROM BROKER: This Mixed Use property had been in the same family for over 40 years, & the Seller was finally ready to cash out. After one unit became vacant, it was the perfect time to sell. This was an off market deal with escrow closing at 96% of the asking price & in less than 30 days to a cash Buyer who paid 13.16 GRM & $275/SF with over 60% upside left in the rents. Dana has been selling mixed use, commercial & multifamily property in Boyle Heights & Northeast LA for over 15 years & especially loves selling value add deals, often before they hit the market. To be added to her list of principals or discuss opportunities in the market, email her at DMendez@kw.com with your name & contact info.
Text Content:
SALE
IMAGE: Dana Coronado
DATE: 01/06/2022
ADDRESS: 3010 E. 1st St.
MARKET: Boyle Heights
ASSET TYPE: Mixed-use
BUYER: Majed Owainat
SELLER: Socorro Varela & Patricia Varela
BROKER: Dana Coronado (@DanaCoronadoIncomePropertiesLA) – KW Commercial
SALE PRICE: $1,200,000
SF: 4,356 ~ PPSF: $275
NOTE FROM BROKER: This Mixed Use property had been in the same family for over 40 years, & the Seller was finally ready to cash out. After one unit became vacant, it was the perfect time to sell. This was an off market deal with escrow closing at 96% of the asking price & in less than 30 days to a cash Buyer who paid 13.16 GRM & $275/SF with over 60% upside left in the rents. Dana has been selling mixed use, commercial & multifamily property in Boyle Heights & Northeast LA for over 15 years & especially loves selling value add deals, often before they hit the market. To be added to her list of principals or discuss opportunities in the market, email her at DMendez@kw.com with your name & contact info.