E
Seller's Agent in 2022
Ernesto Cover
RE/MAX
1020 W 39th Place Los Angeles, CA 90037
Exposition Park NeighborhoodEstimated Value: $1,005,000 - $1,439,000
4
Beds
1
Bath
1,687
Sq Ft
$735/Sq Ft
Est. Value
Highlights
- Property is near a park
- No HOA
- Laundry Room
- Bonus Room
- Park
- Back and Front Yard
About This Home
As of May 2022Prime student housing development opportunity. Property is walking distance to the LAFC stadium, Metro Light Rail Line Expo station, serving both Downtown LA & Santa Monica and Exposition Park. The property is located approximately three blocks from the main University Park campus of the University of Southern California, a nationally recognized Pac-12 research university with 45,687 students and 19,596 faculty and staff members, the majority of whom desire to live in close proximity to campus. The property itself currently consists of a 1,687 square foot single family house on a 6,673 square foot. A developer would have the option to raze the site and construct more new units or renovate the existing house and build additional units in the rear. The property benefits from alley access as well, allowing a potential developer greater flexibility with the layout of the new construction project. (buyer to verify with the city). The area surrounding the campus has seen and will continue to see sustained appreciation due to the recently opened LA Metro Exposition Light Rail line, the LAFC stadium opened in April and the$ 1 Billion George Lucas Narrative Art museum that recently broke ground. Additionally, USC recently completed their $700-Million Mixed-Use Project at the University Village offering major national retailers, open spaces, 2,000 student housing beds and innovative academic collaboration spaces.
Last Agent to Sell the Property
Ernesto Cover
ReMax 2000 Realty License #01347921 Listed on: 02/05/2021
Last Buyer's Agent
Ernesto Cover
ReMax 2000 Realty License #01347921 Listed on: 02/05/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,504
Year Built
- Built in 1908
Lot Details
- 6,673 Sq Ft Lot
- Back and Front Yard
- Property is zoned LARD1.5
Parking
- 3 Car Garage
Interior Spaces
- 1,687 Sq Ft Home
- 2-Story Property
- Bonus Room
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer Hookup
Location
- Property is near a park
Listing and Financial Details
- Legal Lot and Block 6 / D
- Tax Tract Number 34
- Assessor Parcel Number 5037022005
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 2, 2010
Sold by
Alvarez Ana Argelia
Bought by
Alvarez Ana Argelia
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alvarez Ana Argelia | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Alvarez Ana Argelia | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2022 05/04/22 | Sold | $1,200,000 | -14.3% | $711 / Sq Ft |
| 03/12/2021 03/12/21 | Pending | -- | -- | -- |
| 02/05/2021 02/05/21 | For Sale | $1,400,000 | -- | $830 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,504 | $1,273,448 | $1,018,759 | $254,689 |
| 2024 | $15,504 | $1,248,480 | $998,784 | $249,696 |
| 2023 | $15,205 | $1,224,000 | $979,200 | $244,800 |
| 2022 | $2,201 | $144,968 | $116,695 | $28,273 |
| 2021 | $2,161 | $142,126 | $114,407 | $27,719 |
| 2019 | $2,101 | $137,912 | $111,014 | $26,898 |
| 2018 | $1,987 | $135,209 | $108,838 | $26,371 |
| 2016 | $1,888 | $129,960 | $104,612 | $25,348 |
| 2015 | $1,863 | $128,009 | $103,041 | $24,968 |
| 2014 | $1,879 | $125,502 | $101,023 | $24,479 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jonathan Mendoza
Seller Co-Listing Agent in 2022
Jonathan Mendoza
Monarch Real Estate Services
(626) 818-3767
1 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR21025045
APN: 5037-022-005
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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