NOT LISTED FOR SALE

0 Romaine St Unit 219004029DA Los Angeles, CA 90029

East Hollywood Neighborhood

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

0.12 Acre
$3,503,333 Price per Acre
5,245 Sq Ft Lot

Last Sold October 22, 2019

Last sale price $110,000

Est. 282% increase in value since last sale

Current estimated payment $2,325/month

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 October 2019

Back on the Market! 5,245 Square Feet Vacant Land off Romaine St in Los Angeles, Ca. Odd Shaped Lot Between Santa Monica Blvd, Melrose Blvd & 101 Fwy. Owner Will Carry Seller Financing, Terms Negotiable! 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. Possible Storage / Contractor Yard. Near the Lemon Grove Recreation Center. An active and safe park is walking distance away. 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: 09/12/2019

Last Buyer's Agent

Adam Ahmed

License #01413750 Listed on: 09/12/2019

Property Details

Property Type

  • Land

Lot Details

  • 5,245 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Corners Of The Lot Have Been Marked
  • Irregular Lot

Location

  • Property is near a park

Utilities

  • Sewer in Street
  • Phone Available

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 5536-026-007

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: D
  • Builders Tract Code: NAELA
  • Lp Sp Ratio: 0.9300
  • Internal Listing I D: 20190913061021465807000000
  • Listing I D: 219004029
  • 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

Exterior Features

  • Street Lights: Yes

Utilities

  • Telephone Service: In Street
  • Sewer: In Street Paid
  • Water: In Street

Condo/Co-op/Association

  • Public Street: Yes

Lot Info

  • Present Use: Vacant
  • Tract Name: Cahuenga Place
  • Assessor Parcel Number: 5536026007
  • Lot Acres: 0.1200
  • Lot Location: Corner Lot, Park Nearby
  • Lot Size: 5245.00
  • Assessor Parcel Number: 5536-026-007
  • Land Info Topography: Flat Developable Land
  • Land Misc Usable Land Percent: 100.00
  • List Price per Acre: 983333.33
  • Lot Features: Corners Marked, Street Public, Street Paved, Single Lot, Sidewalks, Raw Land, Irregular Lot, Curbs
  • Potential Use: Residential

Rental Info

  • Land Lease Type: Fee Simple

Tax Info

  • Tax Legal Lot Number: 46
  • Tax Legal Tract Number: 1916.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 2, 2019
Sold by
Ahmed Iqbal and Ahmed Mehnaz
Bought by
Hernandez Martin and Hernandez Ligia C
Seller's Agent
Adam Ahmed
Buyer's Agent
Adam Ahmed
List Price
$118,000
Sold Price
$110,000
Premium/Discount to List
-$8,000
-6.78%
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.
Estimated Appreciation
$310,400
Avg. Annual Appreciation
24.45%
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
10/22/2019 10/22/19 Sold $110,000 -6.8% --
09/30/2019 09/30/19 For Sale $118,000 0.0% --
09/12/2019 09/12/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $118,000 -- --
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

  • Adam Ahmed

    Seller's Agent in 2019

    Adam Ahmed

    (760) 699-7979

    35 Total Sales

    Adam Ahmed
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Map

Source: California Desert Association of REALTORS®

MLS Number: 219004029

California Desert Association of REALTORS®

APN: 5536-026-007

California Los Angeles County Los Angeles 90029 East Hollywood

0 Romaine St Unit 219004029DA, Los Angeles, CA

Not Listed for Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Desert Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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