508 South Western Avenue, Los Angeles, CA 90020 Property Information
508 South Western Avenue, Los Angeles, CA 90020 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 508 South Western Avenue, Los Angeles |
| Alternate address(es) | 508 1/2 S Western Ave 510 S Western Ave 510 1/2 S Western Ave |
| Zip code | 90020 |
| County | Los Angeles |
| Municipality | Los Angeles |
| Neighborhood | Koreatown |
Sales & Tax Overview for 508 South Western 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 | 10/08/2024 |
| Sale price | $2,000,000 |
| Arm's length | Register |
| Current property tax | $24,600 |
Lot & Building Information for 508 South Western Avenue, Los Angeles
| Building class | Commercial Vacant Land (100V) |
| Acreage | 0.193
|
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab. For more property insights, including its Energy Star score, its Existing Buildings Energy and Water Efficiency Program (EBEWE) status, and additional energy and water usage data, create an account.
Other Property Data for 508 South Western Avenue, Los Angeles
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 508 South Western 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 508 South Western Avenue, Los Angeles
The current market value is $2,040,000.
Ownership Information
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Past Sales & Property History for 508 South Western Avenue, Los Angeles
Create a free account to view the complete sales history for 508 South Western Avenue, Los Angeles, including title documents, transfer conditions, mortgages and liens.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 10/08/2024 | $2,000,000 | Register | Register |
Title Documents for 508 South Western Avenue, Los Angeles
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R: Recorded date
D: Document date
Property Taxes for 508 South Western Avenue, Los Angeles
Access detailed property tax data for 508 South Western Avenue, Los Angeles, CA 90020. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Base tax | $24,223 |
| Current property tax | $24,600 |
| Market value | $2,040,000 |
Special Assessments And Penalties for 508 South Western 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 | Register |
| 03071 | Los Angeles County Flood Control | Register |
| 18850 | Los Angeles Landscape & Lighting Dist #96-1 | Register |
| 18869 | Los Angeles-Stormwater Pollution Abatement | Register |
| 00177 | Safe, Clean Water Program Funding Measure W | Register |
Assessment History for 508 South Western Avenue, Los Angeles
Here's the assessment & property tax history for 508 South Western 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 | $2,040,000 | 1.1874 | $24,223 | +404.67% |
| 2024-2025 | $400,079 | 1.1997 | $4,800 | +2.03% |
| 2023-2024 | $392,236 | 1.1994 | $4,704 | +4.97% |
| 2022-2023 | $384,546 | 1.1655 | $4,482 | +1.15% |
| 2021-2022 | $377,007 | 1.1752 | $4,431 | -1.05% |
Permits for 508 South Western Avenue, Los Angeles
The complete history of permits filed for 508 South Western 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.
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Los Angeles residential market stats
Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles County.
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Demographics by Zip Code
| Total population | 38,994 |
| Median age | 36.2 |
| Average household income | $90,287 |
| Family households | 48.1% |
| Occupied housing units | 17,942 |
| Owner occupied units | 9.0% |
| People per household (average) | 2.16 |
| Median year structure built | 1973 |
| Median value for units with a mortgage | $905,000 |
| Median value for units without a mortgage | $747,500 |
Risk
Create a free account to unlock extended information for 508 South Western Avenue, Los Angeles, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Faults and tsunami inundation zone map | Register |
| Landslides and liquefaction map | Register |
| Earthquake-induced liquefaction area | Register |
Transportation
Access the detailed traffic volume map for 508 South Western 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 |
Neighbors for 508 South Western Avenue, Los Angeles
Here are the neighbors for 508 South Western Avenue, Los Angeles.