NOT LISTED FOR SALE
0.13 Acres
-- Price per Acre
5,654 Sq Ft Lot

Sale Details

Date Sold: July 1, 2021

Last sale price $168,457

5 Days on Market

About This Lot

As of July 2021

AMAZING VIEWS!!!! Lot is left of 2539 SUNDOWN DR Zoning LAR1. Take this great opportunity to build your dream home in the heart of Glassell Park area with gorgeous city views! No reports or surveys available. Please check with city of Los Angeles Building & Safety for specific questions & details. All utilities should be nearby. Lots like this don't last long in this market! Buyer to verify all info & rely on their own investigations. Sold AS IS & WHERE IS. Drive by & MAKE OFFER. See Supp. for available loan programs. US Bank has a couple of great programs available for your potential buyers: The lot loans are really straight forward. The loan is a 30 year loan, fixed for the first 3 years at 5.0% then changing to an adjustable rate loan after that. There are no points, no pre-payment penalty. We can lend: 65% to $750,000 AND ABOVE 70% to $500,000 75% to $400,000 80% to $300,000 The construction loan programs are fantastic.! We can lend: 80% LTV to $1,500,000 75% LTV to $2,000,000 65% LTV to $3,000,000 We have a fixed term for an initial period of 7, or 10 years, then becomes adjustable after that. The 7 year is at 3.5% and 10 year is at 3.625%.We also have a 30 year fixed rate construction loan at 3.875%! During the construction period, the borrowers payments are interest only on the amount they've drawn, much like a credit line. Loans are approved for the full amount needed and we use a fund control company to disburse funds/reimburse the builder for work that has been performed. For example, the borrower's take out a $1,00,000 loan, the payments are zero (unless we pay off the lot loan with the construction loan), then the builder does the foundation work and requests a draw for $30,000. The fund control company inspect to make sure the work has been done, then we release $30,000 to the builder. Now the payments on the loan are based on $30,000. Once the construction is complete, the loan becomes principal and interest.

Last Agent to Sell the Property

Brian Yui

houserebate.com License #01165628 Listed on: 04/26/2021

Last Buyer's Agent

MARK LOBACH MARK LOBACH

Century 21 Seville Contempo License #01175358

Property Details

Property Type

  • Land

Lot Details

  • 5,654 Sq Ft Lot
  • Steep Slope
  • No Sprinklers
  • Density is up to 1 Unit/Acre

Property Views

  • Views of Hills

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5462001004

Property Details

Property Type

Land

Lot Details

5,654 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Current Use: Unimproved
  • Possible Use: Residential
  • Possible Use Comments: Build your dream home in coveted Glassel Park!
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Body Name: Los Angeles Water & Power
  • Zoning: R-1
  • Property Type: Land
  • Parcel Number: 5462001004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 29.79

Exterior Features

  • View: Hills
  • Fence: No

Utilities

  • Sprinklers: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sprinklers None, Steep Slope
  • Lot Size Sq Ft: 5654.00
  • Lot Size Acres: 0.1298

Multi Family

  • Lot Size Area: 5654.0000 Square Feet
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2021 07/01/21 Sold $168,457 -0.9% --
05/01/2021 05/01/21 Pending -- -- --
04/26/2021 04/26/21 For Sale $169,990 +41.7% --
10/24/2017 10/24/17 Sold $120,000 -29.4% -- View Prior Sale
06/28/2017 06/28/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $170,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2104503

California Regional Multiple Listing Service (CRMLS)
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