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Closed
- Listed price
- $999,999
- Listed Apr 21, 2021
- Sold price
- $1,120,000
- Sold Jun 21, 2021
8,087 sqft lot|1951 Built|15 MLS days on market
7051 3rd Ave, Los Angeles, CA 90043
Property Description
Are you looking for a potential Redevelopment Opportunity? Look NO further. Located MINUTES away from Inglewood's New So-Fi Stadium, we are pleased to Offer for Sale, a 100% VACANT, LAC2-1VL-CPIO (Mixed-Use Limited Commercial) zoned:2501 W. Florence Ave, 1.5 story Commercial Building (2,272 sqft) has a commercial kitchen with upstairs Artist Loft (616 sqft) =3,232 sqft and 7051-7055 3rd Ave, 2-story Triplex (1,920 sqft), (3+1) bed/bath unit on second floor & two (1+1) bed/bath units on first floor-all units are sub-metered for gas & electricity. Triplex was renovated in 2016: dual pane windows, granite counters, cabinets, updated plumbing, new roof, appliances, hardwood floors, doors, etc. TOTAL 4,808 sqft w/gated 6+parking on 8,087 sqft corner lot located on Florence/3rd Ave w/neighboring Multifamily properties on Florence and on 3rd Ave, a residential street full of Pride of Ownership landscaped beautiful Spanish SFR homes. NOT INTERESTED in Developing? THEN this property is also ideal for:Community Organization ,as a Rehab Center, Retail, Creative Office space, or a GREAT Owner-User Opportunity (house your business, live in one of the units AND have multiple tenants)!This property was previously used as a 14-bed transitional shelter & supportive services for female Veterans. Prior usage as a Speakeasy establishment. Buyer to perform own due diligence
Listing agent: Taunee EnglishDRE #01475921taunee@lionsregroup.com, Listing office: eXp Realty of California Inc
MLS data updated 11/2/2026, 5:03:24 PM PT
Source: CRMLSMLS #: 21724492
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,120,000
Jun 21, 2021
Available records22021
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 90043 · 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 90043 · same property typeThis MLS property type has no exact comparison group.
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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
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MLS records may be incomplete. Earlier asking prices are not sale prices.