$520,000
SOLD MAR 24, 2025
-- Bed
-- Bath
1,232 Sq Ft
6,007 Sq Ft Lot

Recently Sold

$422 Per Sq Ft

33% Below List Price

342 Days on Market

About This Home

As of March 2025

Prime development site in Los Angeles County with a double lot sized at approximately 6005 sq. ft. in total per assessors parcel numbers. General mixed use property, there is an out-building that may be developed or removed. Close to 105 and 110 freeway access. This is a great opportunity to own property that has been owned by the same Family for decades. Buyer and Buyers Agent to verify through their own independent investigations the build ability of this parcel, the number of units which may be built and all aspects of development and use of the property with appropriate professionals. SUBMIT ALL OFFERS!! MAJOR PRICE REDUCTION . . . SUBMIT!!!

Last Agent to Sell the Property

Marlena Macias

Keller Williams Realty Downey Brokerage Phone: 714-866-0663 License #01220241 Listed on: 03/19/2024

Keller Williams Realty Downey

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $178

Year Built

  • Built in 1924

Lot Details

  • No Common Walls
  • Density is 2-5 Units/Acre
  • 6071006006

Home Design

  • Mixed Use

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 8 / 47
  • Tax Tract Number 6478
  • Assessor Parcel Number 6071006005
  • $83 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$178

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Structure Type: Mixed Use
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR4
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential
  • Parcel Number: 6071006005
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1232.00 Square Feet
  • Stories: 1
  • Entry Location: RESO
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 422.08

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 6071006006
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Rectangular Lot
  • Lot Size Sq Ft: 6005.00
  • Lot Size Acres: 0.1379

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6005.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 47
  • Tax Census Tract: 2409.02
  • Tax Lot: 8
  • Tax Tract Number: 6478
  • TaxOtherAnnualAssessmentAmount: 83.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Mar 10, 2025
Sold by
Norris Ricky Lee and Norris Henry Vernon
Bought by
Rrh Construction Consulting Company Llc
Seller's Agent
Marlena Macias
Keller Williams Realty Downey
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$780,000
Sold Price
$520,000
Premium/Discount to List
-$260,000
-33.33%
Total Days on Market
342
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4389.15%
Original Mortgage
$1,000,000
Outstanding Balance
$999,122
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$156,878
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $520,000 Pacific Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Sold $520,000 0.0% $422 / Sq Ft
02/12/2025 02/12/25 Price Changed $520,000 -13.3% $422 / Sq Ft
07/29/2024 07/29/24 Price Changed $600,000 -7.7% $487 / Sq Ft
05/08/2024 05/08/24 Price Changed $650,000 -7.1% $528 / Sq Ft
04/14/2024 04/14/24 Price Changed $700,000 -10.3% $568 / Sq Ft
03/19/2024 03/19/24 For Sale $780,000 -- $633 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $178 $7,899 $7,899 --
2023 $176 $7,745 $7,745 $0
2022 $168 $7,594 $7,594 $0
2021 $167 $7,446 $7,446 $0
2019 $162 $7,226 $7,226 $0
2018 $163 $7,085 $7,085 $0
2016 $155 $6,811 $6,811 $0
2015 $154 $6,709 $6,709 $0
2014 $155 $6,578 $6,578 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24055542

California Regional Multiple Listing Service (CRMLS)

APN: 6071-006-006