S
Seller's Agent in 2021
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1200
1 in this area
93 Total Sales
1022 Leorita St Baldwin Park, CA 91706
Estimated Value: $5,865,053
1.54
Acres
$3,808,476
Price per Acre
67,082
Sq Ft Lot
About This Lot
As of June 2021Rare opportunity to acquire over 1.5 acres of freeway-adjacent property in the Greater Los Angeles area poised for redevelopment. The property is located on two contiguous parcels at 1022 and 1026 Leorita Street in Baldwin Park, California next to Kaiser Permanente’s Baldwin Park Medical Center and the 10 Freeway, on which traffic volume exceeds 200,000 cars per day. This asset is well-known to area motorists for its iconic freeway-visible signage: a horse and boot representative of the tenant, Broken Horn Saddlery, the “West Coast’s Largest Western Superstore.”
The legacy tenant currently occupies both buildings on the property, which are 1986 constructions totaling 23,040 square feet.
Last Agent to Sell the Property
Steven M. Bogoyevac, Broker License #01332755 Listed on: 11/02/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $61,890
Lot Details
- 1.54 Acre Lot
- 8559-008-005
- Property is zoned BPCM*
Location
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 41
- Tax Tract Number 13211
- Assessor Parcel Number 8559008011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2020
Closed on
May 25, 2021
Sold by
The Nuzzo Family Limited Partnership
Bought by
Kaiser Foundation Hospitals
Seller's Agent
Steve Bogoyevac
Steven M. Bogoyevac, Broker
Buyer's Agent
David O'Keefe
Marcus & Millichap
List Price
$7,800,000
Sold Price
$7,800,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,934,947
Avg. Annual Appreciation
-6.69%
Purchase Details
Closed on
Dec 18, 1996
Sold by
Family Trust Nuzzo Charles And Mattie Trs Nuz and Nuzzo Joseph
Bought by
The Nuzzo Family Ltd Partnership
Purchase Details
Closed on
Sep 22, 1995
Sold by
Nuzzo Charlie and Nuzzo Mattie
Bought by
Nuzzo Joseph and Nuzzo Rosalie
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kaiser Foundation Hospitals | $4,680,000 | None Available | |
| The Nuzzo Family Ltd Partnership | -- | -- | |
| Nuzzo Joseph | -- | -- | |
| Nuzzo Charles | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2021 06/01/21 | Sold | $7,800,000 | 0.0% | -- |
| 04/12/2021 04/12/21 | Pending | -- | -- | -- |
| 11/02/2020 11/02/20 | For Sale | $7,800,000 | -- | -- |
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 | $61,890 | $5,065,781 | $4,914,241 | $151,540 |
| 2024 | $61,890 | $4,966,453 | $4,817,884 | $148,569 |
| 2023 | $61,302 | $4,869,072 | $4,723,416 | $145,656 |
| 2022 | $62,618 | $4,773,600 | $4,630,800 | $142,800 |
| 2021 | $25,047 | $1,698,763 | $392,709 | $1,306,054 |
| 2020 | $24,989 | $1,681,346 | $388,683 | $1,292,663 |
| 2019 | $23,574 | $1,648,379 | $381,062 | $1,267,317 |
| 2018 | $21,815 | $1,616,059 | $373,591 | $1,242,468 |
| 2016 | $20,500 | $1,553,307 | $359,085 | $1,194,222 |
| 2015 | $21,051 | $1,529,976 | $353,692 | $1,176,284 |
| 2014 | $20,768 | $1,500,007 | $346,764 | $1,153,243 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Bogoyevac
-
David O'Keefe
D
Seller Co-Listing Agent in 2021
David O'Keefe
Marcus & Millichap
(562) 257-1200
1 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW20230806
APN: 8559-008-011
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.
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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