NOT LISTED FOR SALE

Estimated Value: $1,903,000 - $2,158,000

0.21 Acre
$9,646,090 Price per Acre
9,100 Sq Ft Lot

Last Sold December 13, 2021

Last sale price $1,800,000 $863 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,115/month

55 Days on Market

About This Lot

As of December 2021

We are pleased to present 10657 Moorpark Street, a 15 unit development site located in prime North Hollywood/Toluca Lake, CA. The vacant lot totals 9,100 SF with 65 frontage and is 140 deep. Once complete, the property will offer 10,730 of rentable SF. The proposed 4-story apartment complex has thirteen (13) one-bedroom units and two (2) two-bedroom units. The plans call for 15 on-grade parking spaces and a modern communal rooftop deck. This is a perfect opportunity for a developer that wants to start building immediately. The current ownership has done all the leg work and will be delivering the project with a building permit ready to issue upon payment of permit fees (RTI). 10657 Moorpark Street is ideally located near many restaurants, retail, grocery, and entertainment options. The property boasts a Walk Score of 77 indicating that it is very walkable as most errands can be accomplished on foot. Multiple transit options are also available including the 101 and 134 freeways, both on and off-ramps are within a 1-minute drive. The Universal Studios/Studio City Metro Red line station is located 1 mile away which provides direct service to Union Station in Los Angeles.

Last Agent to Sell the Property

Sam Liberow

Marcus & Millichap License #01933858 Listed on: 10/19/2021

Last Buyer's Agent

Sam Liberow

Marcus & Millichap License #01933858 Listed on: 10/19/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,735

Lot Details

  • 9,100 Sq Ft Lot
  • Property is zoned R3-RIO

Listing and Financial Details

  • Assessor Parcel Number 2423-004-012

Property Details

Property Type

Land

Est. Annual Taxes

$22,735

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2100
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 2423-004-012
  • Lot Size Area: 9100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Dec 13, 2021
Sold by
Toluca Lot 152 Llc
Bought by
Newcastle Realty Llc
Seller's Agent
Sam Liberow
Marcus & Millichap
Buyer's Agent
Sam Liberow
Marcus & Millichap
List Price
$1,895,000
Sold Price
$1,800,000
Premium/Discount to List
-$95,000
-5.01%
Current Estimated Value
$2,025,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,679
Avg. Annual Appreciation
3.34%

Purchase Details

Listed on
Feb 4, 2019
Closed on
Mar 25, 2019
Sold by
Veraldi James and The Sam Artinoff Living Trust
Bought by
Toluca Lot 152 Llc
Seller's Agent
Luanne Prima
Nest Seekers
Buyer's Agent
Jennifer Niman
Berkshire Hathaway HomeServices California Properties
List Price
$1,650,000
Sold Price
$1,550,000
Premium/Discount to List
-$100,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jul 22, 2011
Sold by
Veraldi Sadie
Bought by
Artinoff Sam

Purchase Details

Closed on
Apr 11, 2006
Sold by
Artinoff Agnes
Bought by
Veraldi Sadie M
Source: Public Records

Range of Values:

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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
Newcastle Realty Llc $1,800,000 Lawyers Title
Toluca Lot 152 Llc $1,550,000 Lawyers Title Insurance Comp
Artinoff Sam -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Artinoff Agnes $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2021 12/13/21 Sold $1,800,000 -5.0% $863 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $1,895,000 +22.3% $908 / Sq Ft
03/28/2019 03/28/19 Sold $1,550,000 -6.1% $2,135 / Sq Ft
02/04/2019 02/04/19 For Sale $1,650,000 -- $2,273 / Sq Ft
Source: The MLS

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
2024 $22,735 $1,872,720 $1,872,720 --
2023 $22,290 $1,836,000 $1,836,000 $0
2022 $21,403 $1,800,000 $1,800,000 $0
2021 $19,180 $1,597,378 $1,391,265 $206,113
2020 $19,378 $1,581,000 $1,377,000 $204,000
2019 $3,859 $294,200 $232,321 $61,879
2018 $3,745 $288,432 $227,766 $60,666
2016 $3,565 $277,233 $218,922 $58,311
2015 $3,516 $273,070 $215,634 $57,436
2014 $3,541 $267,722 $211,411 $56,311
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-796808

The MLS

APN: 2423-004-012