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3010 East 1st Street

The Mixed Use property located in Los Angeles that spans 4,356 square feet sold for $1,200,000 or $275 PPSF. The deal closed 4 months and 13 days ago. The broker of the deal was Dana Coronado

  • Location image 3010 East 1st Street, Los Angeles, CA 90063
  • Sold Value
    image $1,200,000
    image $275
  • Asset Type image Mixed Use
  • Area image 4,356 SF
  • Parties image1 Broker,1 Agency
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Dana Coronado

Keller Williams
  • Deals 8
  • Volume $13,570,000
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Comparables: 3010 East 1st Street

Showing 4 of 12

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Price Icon $1,150,000

  • StatusSOLD, $426 PPSF
  • Date04/05/22
  • Address11468 Burbank Boulevard, North Hollywood, California 91601, United States
  • AssetMIXED USE
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Price Icon $1,300,000

  • StatusSOLD, $378 PPSF
  • Date08/31/21
  • Address7444 Lankershim Boulevard, North Hollywood, CA 91605
  • AssetMIXED USE
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Price Icon $1,256,200

  • StatusSOLD, $287 PPSF
  • Date08/30/21
  • Address5528 Monte Vista St, Northeast Los Angeles, Los Angeles, CA, USA
  • AssetMIXED USE
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Price Icon $1,350,000

  • StatusSOLD, $659 PPSF
  • Date05/27/21
  • Address3020 Sunset Blvd, Silver Lake, Los Angeles, CA, USA
  • AssetMIXED USE
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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.

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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.

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Top producing multifamily & commercial agent in Northeast and East Los Angeles for over 14 years (Silver Lake, Echo Park,...

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