Los Angeles County  »  2968 W 7th St

2968 West 7th Street, Los Angeles, CA 90005 Property Information

2968 West 7th Street, Los Angeles, CA 90005 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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2968 West 7th Street, Los Angeles, CA 90005
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Address

Primary address 2968 West 7th Street, Los Angeles
Alternate address(es) 2938 W 7th St
2940 W 7th St
2942 W 7th St
Zip code 90005
County Los Angeles
Municipality Los Angeles
Neighborhood Westlake

Sales & Tax Overview for 2968 West 7th Street, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 07/23/2019
Sale price $7,791,500
Arm's length
Current property tax $419,874

Lot & Building Information for 2968 West 7th Street, Los Angeles

Building class Store & Residential Combination - One Story (1210)
Acreage 1.228
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Qualified opportunity zone
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 2968 West 7th Street, Los Angeles

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  • • Improvements for 2968 West 7th Street, Los Angeles , including their type, square footage, grade and when they were built.
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About 2968 West 7th Street, Los Angeles

What is the market value of 2968 West 7th Street, Los Angeles, CA 90005?

The current market value is $35,130,470.

Ownership Information

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Past Sales & Property History for 2968 West 7th Street, Los Angeles

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Purchase date Purchase price Buyer name Seller name
07/23/2019 $7,791,500
12/11/2015 $12,000,000
10/28/2015 $12,000,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 2968 West 7th Street, Los Angeles

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Date Type Amount Party 1 Party 2 Maturity Document Doc image
12/28/2023 Subordination
12/28/2023 Covenant and Agreement
12/19/2022 Release
12/16/2022 Modify Assignment of Rents
Modify Construction Trust Deed
Modify Financing Statement
12/07/2022 Mechanics Lien
11/17/2022 Bond
11/02/2022 Release
10/14/2022 Mechanics Lien
12/19/2019 Assignment of Rents
Construction Trust Deed
Financing Statement
07/23/2019 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
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R: Recorded date
D: Document date

Property Taxes for 2968 West 7th Street, Los Angeles

Access detailed property tax data for 2968 West 7th Street, Los Angeles, CA 90005. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $417,139
Current property tax $419,874
Market value $35,130,470

Special Assessments And Penalties for 2968 West 7th Street, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
00194 Health License Fees
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement

Assessment History for 2968 West 7th Street, Los Angeles

Here's the assessment & property tax history for 2968 West 7th Street, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $35,130,470 1.1874 $417,139 +0.95%
2024-2025 $34,441,638 1.1997 $413,196 +2.03%
2023-2024 $33,766,312 1.1994 $404,993 +4.97%
2022-2023 $33,104,228 1.1655 $385,830 +38.79%
2021-2022 $23,655,126 1.1752 $277,995 +72.59%

Permits for 2968 West 7th Street, Los Angeles

The complete history of permits filed for 2968 West 7th Street, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
06/09/2025
02/27/2025
01/24/2025
11/13/2024
09/26/2024
09/25/2024
09/25/2024
09/11/2024
07/11/2022
06/21/2022
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 39,142
Median age 35.2
Average household income $83,299
Family households 43.2%
Occupied housing units 18,289
Owner occupied units 8.9%
Average number of people per household 2.11
Median year structure built 1963
Median value for units with a mortgage $976,200
Median value for units without a mortgage $968,800

Risk

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Earthquake-induced liquefaction area

Transportation

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Neighbors for 2968 West 7th Street, Los Angeles

Here are the neighbors for 2968 West 7th Street, Los Angeles.

Address Square feet Purchase date Purchase price
2959 Leeward Ave, Los Angeles 39,678 08/11/2005
3014 W 7th St, Los Angeles 7,650 06/06/2025
3036 W 7th St, Los Angeles 2,526 05/17/2021 $2,675,000
731 Magnolia Ave, Los Angeles 12/26/2017 $7,900,000
2911 Leeward Ave, Los Angeles 18,720 08/11/2005
700 S Westmoreland Ave, Los Angeles 23,316
701 S Westmoreland Ave, Los Angeles 27,504 02/01/2011
3028 W 7th St, Los Angeles 12/27/2023 $2,400,000
3071 Leeward Ave, Los Angeles 21,712 12/08/2015
2975 Leeward Ave, Los Angeles 28,112 05/28/2019 $6,550,000
3050 W 7th St, Los Angeles 5,888 02/20/2019
3052 W 7th St, Los Angeles 2,720 12/10/2012
2905 Leeward Ave, Los Angeles 18,720 06/06/2014
2917 Leeward Ave, Los Angeles 2,916 10/26/2016 $1,680,000
2886 W 7th St, Los Angeles 6,354 09/15/2020
722 S Westmoreland Ave, Los Angeles 7,116
3062 W 7th St, Los Angeles 23,228 12/21/2022
2930 W 7th St, Los Angeles 11,900 08/23/2016 $6,100,000
2885 Leeward Ave, Los Angeles 12/26/2017 $7,900,000
2889 Leeward Ave, Los Angeles 56,646 12/26/2017 $7,900,000

Nearby ZIP Codes for 2968 West 7th Street, Los Angeles

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