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601 West Avenue 28, Los Angeles, CA 90065

$1.15M0bd · 1ba · 856 sqft
Lot 4,435 sqft•Commercial/Residential•
Active
•84d on market•MLS# TR-26160462

Property Description

Rare corner-lot opportunity in the evolving Cypress Park neighborhood of Northeast Los Angeles. Offered primarily for land value, this approximately 4,433-square-foot parcel is zoned LARD2 and presents potential for a builder, developer, investor, or owner-user seeking a residential redevelopment opportunity. The property currently contains existing improvements and has been used as an automotive repair location; however, the business is not included in the sale, and the existing use is not represented as legally permitted or available for continuation. Property is being sold as-is, with no value assigned to the existing improvements. Buyer and buyer’s agent are strongly encouraged to independently investigate and verify zoning, permitted uses, development potential, lot and building square footage, permits, Certificate of Occupancy, environmental conditions, utilities, and all other property information with the City of Los Angeles and appropriate professionals. Please do not disturb the occupant. Drive by only unless an appointment has been confirmed. The property is zoned Store/Office (mixed use), per the City or County property is to be zoned LARD2

Features & Amenities

FeeBuilt 1938

Property Details

Land Type
Fee
Year Built
1938
Property Type
Residential
Property Subtype
Commercial/Residential
Parking Spaces
2
Garage Spaces
2
Cooling
None
View
None
City
Los Angeles
Zip Code
90065
County
Los Angeles
Listed byeXp Realty of Southern Ca, Inc, Marina Ramirez-Lomeli

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,815.03
Principal & Interest
Loan Amount
$920,000
Total Interest
$1,173,409
Total Payment Over 30 Years
$2,093,409
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 1 active · 0 closed

601 West Avenue 28, Los Angeles, CA 90065

Los Angeles · Commercial/Residential

$1.15M
Affordable Tier
Beds
0
Baths
1
Sqft
856
Lot
4,435 sqft
Year
1938
$/Sqft
$1343
Pool: No✓
View: None✓
Garage: 2-car✓

Comparable sales support the current list price.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.15M· $1,343/sqft
Total list price
Closed compsinsufficient comp data
Active comps
vs active median $950K
+$200K (+21.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,300
+$43 (+3.3%)

Active Properties (1)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
768 Avenue 50Los Angeles1947017314,024$1,300$950,00040281
Total: 1 · Average0.01.07314,024$1,300$950,000402
Median731$950,000
AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.