Opening page…
Closed
- Listed price
- $3,790,000
- Listed Jan 21, 2016
- Sold price
- $3,750,000
- Sold May 31, 2016
20,250 sqft lot|1914 Built|55 MLS days on market
2783 FRANCIS Ave, Los Angeles, CA 90005
Property Description
KOREATOWN DEVELOPMENT OPPORTUNITY: RARE ASSEMBLAGE OF 3 CONTIGUOUS LOTS totaling 20,250 sqft of lot area, Zoned R4-2 NO HEIGHT LIMIT, parking to be built above grade, great frontage. Property to be delivered 100% VACANT at COE. Buyer will pay NO RELOCATION COSTS. following APN's are included in this offering: 1015, and 2025. Potential to develop 50 units by right. Buyer to investigate suitability independently. 1 existing and 4 additional brand new developments up and coming in immediate vicinity. 1.9mi to LA LIVE and STAPLES. 2.2mi to USC/SPORTS ARENA.
Listing agent: Tannaz Kamran-RahbarDRE #00951232tannazrahbar@kw.com, Listing office: Keller Williams Rlty Brentwood
MLS data updated 11/3/2026, 11:57:00 AM PT
Source: CRMLSMLS #: 16977537
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,750,000
May 31, 2016
Available records22016
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90005 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90005 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.