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2921 Francis Ave
Los Angeles, CA 90005 (Mid City)
Off Market · Public Record
Contact For Estimate

2921 Francis Ave Los Angeles, CA 90005

(Mid City)
  • 14,514 sqft
  • 6,750 sqft lot size
  • Multi-Family
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  • See the local terrain and how close this home is to parks and main streets.

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  • High crime relative to the rest of Los Angeles county.

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  • 54 Elementary Schools

    28 Middle Schools

    34 High Schools

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Property Details for 2921 Francis Ave


This property is no longer available to rent or buy. This description is from March 11, 2015
Nearly a 6% cap on in place income! Delivered 100% leased excellent income stream! Here's a rare opportunity to purchase a turnkey 30 units in the heart of Koreatown! The Deveraux, Koreatowns' premier newly remodeled apartment community is comprised 30 units, 24 of which have been completely remodeled. The Deveraux has been completely reimagined into a beautiful place to call home for tenants and a wonderful investment opportunity for a new owner looking for excellent, stable income. Kitchens and bathrooms have been redone with stainless steel appliances. Each unit was redone in its own... way to reflect the spirit of individuality, some with Carrera marble counters and floors, some with Quartz counters and subway tile backsplashes. The demand for remodeled units like this in this prime Koreatown location has been unprecedented, and as units turn over the years, rents will continue to rise. Walking distance to the metro stop at Wilshire & Vermont, Southwestern Law School and so much more!
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2921 Francis Ave Public Records


Official property, sales, and tax information from county (public) records as of 07/2016:
    • Apartment house (5+ units)
    • Built In 1923
    • County: Los Angeles
    • 14,514 sqft
    • 30 Units
    • Tax Rate Code Area: 6-657
    • Lot Size: 6,750 sqft
    • Subdivision: MILLER & HOLSINGER TRACT
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Additional Costs For 2921 Francis Ave


Property Taxes and Assessment of 2921 Francis Ave


Land
Improvement
Total
$3,325,959
+
$1,425,411
=
$4,751,370
Year Tax Assessment Market
2016 $58,340 $4,751,370  N/A
Source: Public Records

Price History & Trends


Price History for 2921 Francis Ave


Date Event Price Source Agents
05/19/2015 Sold view detail $4,700,000 Public records Public records  
  • Recording Date
    05/19/2015
  • Contract Date
    05/13/2015
  • Sale Price
    $4,700,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • City Transfer Tax
    $21,150
  • County Transfer Tax
    $5,170
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Grant Deed
09/25/2013 Sold view detail $2,465,000 Public records Public records Tia Hughes
  • Recording Date
    09/25/2013
  • Contract Date
    09/18/2013
  • Sale Price
    $2,465,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • City Transfer Tax
    $11,093
  • County Transfer Tax
    $2,712
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    REO Resale
  • Buyer's Agent
03/30/2012 Sold view detail $1,617,241 Public records Public records  
  • Recording Date
    03/30/2012
  • Contract Date
    03/28/2012
  • Sale Price
    $1,617,241
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    REO and Trustee Deed
  • Document Type
    REO Repossession

Real Estate Trends in this area

Median sale price for all homes in this area $877,500 0% below listing price

Sold Homes near 2921 Francis Ave


Address Distance Property Type Sold price Sold date Bed Bath Sqft
320 S Hobart Blvd, Los Angeles CA 1.17 Multi-Family $2,400,000 06/30/17 10 10 7,440
1552 6th Ave, Los Angeles CA 2.13 Multi-Family $1,320,000 07/03/17 8 8 4,812
3810 Wilshire Blvd #1709, Los Angeles CA 1.17 Multi-Family $428,000 07/05/17 1 1 710
131 N New Hampshire Ave, Los Angeles CA 1.17 Multi-Family $1,311,000 06/28/17 4 4 4,136
216 Columbia Pl, Los Angeles CA 1.58 Multi-Family $349,000 06/27/17 2 2 1,364
2837 S Bronson Ave, Los Angeles CA 3.15 Multi-Family $1,295,000 07/11/17 8 8 6,842
822 Sanborn Ave, Los Angeles CA 2.07 Multi-Family $440,000 06/30/17 4 4 3,780
3980 Ingraham St, Los Angeles CA 1.40 Multi-Family $1,900,000 06/29/17 2 10 4,998
1127 S Hudson Ave, Los Angeles CA 2.68 Multi-Family $750,000 06/29/17 3 3 2,190
1030 S Union Ave, Los Angeles CA 1.07 Multi-Family $805,000 07/10/17 4 5 4,460