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985 3rd Avenue, Los Angeles, CA 90019 Property Information

985 3rd Avenue, Los Angeles, CA 90019 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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985 3rd Avenue, Los Angeles, CA 90019
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Address

Primary address 985 3rd Avenue, Los Angeles
Alternate address(es) 985 S 3rd Ave
Zip code 90019
County Los Angeles
Municipality Los Angeles
Neighborhood Koreatown

Sales & Tax Overview for 985 3rd Avenue, Los Angeles

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

Sale date 12/04/2023
Sale price $3,844,000
Arm's length
Current property tax $25,329

Lot & Building Information for 985 3rd Avenue, Los Angeles

Building class Single Family Residence - Vacant (010V)
Acreage 0.185
Year last altered
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district Commercial (C2)
Weed hazard No
School district Los Angeles Unified School District

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 985 3rd Avenue, Los Angeles

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  • • Improvements for 985 3rd Avenue, Los Angeles , including their type, square footage, grade and when they were built.
  • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 985 3rd Avenue, Los Angeles

What is the market value of 985 3rd Avenue, Los Angeles, CA 90019?

The current market value is $2,126,577.

Ownership Information

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Past Sales & Property History for 985 3rd Avenue, Los Angeles

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Purchase date Purchase price Buyer name Seller name
12/04/2023 $3,844,000
05/26/2016 $880,000
       
       
       
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Title Documents for 985 3rd Avenue, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
12/09/2025 Reconveyance
11/14/2025 Assignment of Rents
Financing Statement
Trust Deed
06/01/2026
05/15/2025 Reconveyance
04/23/2025 Assignment of Rents
Financing Statement
Trust Deed
04/09/2025 Release
04/03/2025 Mechanics Lien
12/24/2024 Assignment of Rents
Financing Statement
Trust Deed
01/01/2026
12/04/2023 Grant Deed
(Sale for consideration - full DTT - 2 parcels in multiple sale)
02/05/2020 Covenant and Agreement
05/26/2016 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
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R: Recorded date
D: Document date

Property Taxes for 985 3rd Avenue, Los Angeles

Access detailed property tax data for 985 3rd Avenue, Los Angeles, CA 90019. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $25,251
Current property tax $25,329
Market value $2,126,577

Special Assessments And Penalties for 985 3rd Avenue, 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
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
06111 West Vector Mosquito

Assessment History for 985 3rd Avenue, Los Angeles

Here's the assessment & property tax history for 985 3rd Avenue, 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 $2,126,577 1.1874 $25,251 +0.95%
2024-2025 $2,084,880 1.1997 $25,012 +104.19%
2023-2024 $1,021,308 1.1994 $12,250 +4.97%
2022-2023 $1,001,283 1.1655 $11,670 +1.16%
2021-2022 $981,651 1.1752 $11,536 -1.07%

Permits for 985 3rd Avenue, Los Angeles

The complete history of permits filed for 985 3rd Avenue, 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
10/01/2025
05/05/2025
04/25/2025
03/05/2025
12/10/2024
06/18/2024
05/28/2024
04/14/2024
04/01/2024
03/01/2023
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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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Risk

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FEMA flood zone(s) 0.2 (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

Access the detailed traffic volume map for 985 3rd Avenue, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance to school (mi)
St. Gregory Nazianzen NR Private K-8 106 0.21
Wilton Place Elementary School 4 Public K-5 316 0.37
Sound Of Music Preschool NR Private PK-K 12 0.42
Sound Of Music Preschool NR Private PK-K 12 0.42
Wilshire Park Elementary School 7 Public K-5 350 0.55

Nearest middle schools

Name Rating Type Grade range No of students Distance to school (mi)
St. Gregory Nazianzen NR Private K-8 106 0.21
Magnolia Science Academy 6 School 7 Charter 6-8 91 0.37
Pio Pico Middle School 4 Public 6-8 212 0.43
Global Education Academy Middle School NR Charter 6-8 62 0.56
Gabriele Academy International NR Private 1-12 14 0.84

Nearest high schools

Name Rating Type Grade range No of students Distance to school (mi)
Gabriele Academy International NR Private 1-12 14 0.84
Q'aress Young Scholars Academy NR Private 9-12 6 0.84
Los Angeles Senior High School 4 Public 9-12 1,043 0.89
Bishop Conaty - Our Lady Of Loretto NR Private 9-12 339 0.94
Los Angeles Technology Center NR Public 0 1.00

Data provided by GreatSchools.org © 2025. All rights reserved.

Neighbors for 985 3rd Avenue, Los Angeles

Here are the neighbors for 985 3rd Avenue, Los Angeles.

Address Square feet Purchase date Purchase price
918 3rd Ave, Los Angeles 1,758
934 3rd Ave, Los Angeles 1,859 03/03/2005
914 3rd Ave, Los Angeles 1,960 12/26/2025
961 3rd Ave, Los Angeles 2,384
957 3rd Ave, Los Angeles 3,608 06/14/2010
933 3rd Ave, Los Angeles 2,277 03/11/2025
910 3rd Ave, Los Angeles 3,508 11/12/2020
975 3rd Ave, Los Angeles 1,906 03/03/2021
965 3rd Ave, Los Angeles 2,202
929 3rd Ave, Los Angeles 2,378 09/02/2020
945 3rd Ave, Los Angeles 1,619 02/05/2020
937 3rd Ave, Los Angeles 2,131 09/26/2008 $780,000
939 S 3rd Ave, Los Angeles 1,633 03/05/2026
944 3rd Ave, Los Angeles 4,376 08/01/2022
923 3rd Ave, Los Angeles 1,686 07/14/2023
930 3rd Ave, Los Angeles 2,264 04/07/2023
922 3rd Ave, Los Angeles 1,781 06/01/2020
979 3rd Ave, Los Angeles 1,473 03/21/2016
991 3rd Ave, Los Angeles 12/04/2023 $3,844,000
971 3rd Ave, Los Angeles 2,214 11/13/2025 $1,540,000

Nearby ZIP Codes for 985 3rd Avenue, Los Angeles

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