NOT LISTED FOR SALE

0 Romaine St Unit 21405324DA Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $135,199 - $718,000

0.13 Acre
$3,233,846 Price per Acre
5,445 Sq Ft Lot

Last Sold September 30, 2016

Last sale price $115,000

Est. 266% increase in value since last sale

Current estimated payment $2,325/month

2,242 Days on Market

Highlights

  • Property is near a park
  • Corner Lot
  • 2-minute walk to Lemon Grove Recreation Center
  • STEM Academy at Bernstein High Rated A-

About This Lot

As of September 2016

Back on the Market! 5,249 Square Feet Vacant Land off Romaine St in Los Angeles, Ca. Odd Shaped Lot Between Santa Monica Blvd, Melrose Blvd & 101 Fwy. OWNER FLEXIBLE, MOTIVATED AND WILL CARRY! Being Sold AS IS. Flat land to build on in a beautiful residential area of Los Angeles. Zoned LAPF - Los Angeles Public Facilities (i.e. Schools, Libraries, Police Stations. etc) Variance or Zone Change required if Residential Use desired. Planning department may charge +/- $20,000 for Variance/Zone Change and could take 6 months to a year or more for the approval which is not guaranteed. Near the Lemon Grove Recreation Center. An active and safe park is walking distance away. Owner Financing Available, Terms Negotiable, Priced to Sell, Great Investment Opportunity! LA Thomas Bros Guide 593-H6. Los Angeles APN # 5536-026-007. The land is to the right of the house at 5211 Romaine St. Los Angeles, Ca 90029.

Last Agent to Sell the Property

Adam Ahmed

License #01413750 Listed on: 08/11/2010

Last Buyer's Agent

Adam Ahmed

License #01413750 Listed on: 08/11/2010

Property Details

Property Type

  • Land

Lot Details

  • 5,445 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Irregular Lot

Additional Features

  • Property is near a park
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5536026007

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: NAELA
  • Lp Sp Ratio: 1.0000
  • Internal Listing I D: 20190608121004427661000000
  • Listing I D: 21405324
  • Listing Member Address: P.O. Box 8181, La Verne, CA 91750
  • Listing Member Fax: (760) 565-5515
  • Listing Office Address: P.O. Box 8181, La Verne, CA 91750
  • Listing Office Fax: (760) 565-5515
  • List Office Board Code: California Desert Association of Realtors
  • Selling Member Address: P.O. Box 8181, La Verne, CA 91750
  • Selling Member Fax: (760) 565-5515
  • Selling Office Address: P.O. Box 8181, La Verne, CA 91750
  • Selling Office Fax: (760) 565-5515
  • Land Type: Fee
  • Subdivision: Not Applicable
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: In Street Paid
  • Water: In Street

Lot Info

  • Assessor Parcel Number: 5536026007
  • Lot Acres: 0.1300
  • Lot Location: Corner Lot, Park Nearby
  • Lot Size: 5445.00
  • Land Info Topography: Flat Developable Land
  • Land Misc Usable Land Percent: 100.00
  • List Price per Acre: 884615.38
  • Lot Features: Corners Marked, Street Paved, Sidewalks, Irregular Lot, Curbs

Rental Info

  • Land Lease Type: Fee Simple

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2019
Sold by
Ahmed Iqbal and Ahmed Mehnaz
Bought by
Hernandez Martin and Hernandez Ligia C
Current Estimated Value
$420,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$52,455
Interest Rate
3.4%
Mortgage Type
Seller Take Back
Estimated Equity
$367,945

Purchase Details

Closed on
Jul 21, 2011
Sold by
Ahmed Iqbal and Ahmed Mehnaz
Bought by
Ahmed Iqbal and Ahmed Mehnaz
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hernandez Martin $110,000 Chicago Title Company
Ahmed Iqbal -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Martin $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $115,000 -8.0% --
08/11/2010 08/11/10 Pending -- -- --
08/11/2010 08/11/10 For Sale $125,000 -- --
Source: California Desert Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,444 $120,298 $120,298 --
2024 $1,444 $117,940 $117,940 --
2023 $1,419 $115,628 $115,628 $0
2022 $1,354 $113,361 $113,361 $0
2021 $1,336 $111,139 $111,139 $0
2019 $821 $67,373 $67,373 $0
2018 $808 $66,052 $66,052 $0
2016 $775 $63,488 $63,488 $0
2015 $762 $62,535 $62,535 $0
2014 $769 $61,311 $61,311 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 21405324

California Desert Association of REALTORS®

APN: 5536-026-007