NOT LISTED FOR SALE

1118 Outlook Ln West Covina, CA 91791

South Hills Neighborhood

Estimated Value: $1,771,000 - $2,045,786

2 Acres
$964,723 Price per Acre
87,307 Sq Ft Lot

Last Sold November 07, 2023

Last sale price $1,850,000

Est. 5% increase in value since last sale

Current estimated payment $11,980/month

154 Days on Market

Highlights

  • Panoramic View
  • 2 Acre Lot
  • No HOA
  • West Covina High School Rated A-

About This Lot

As of November 2023

Landmark location on South Hills! Spectacular panoramic VIEW. This property is surrounded by newly built multi-million dollar luxury homes. This is a piece of land with unobstructed views of the LA Skyline and city lights. Two layers of flat land provide the perfect foundation area to your dream house. The city may allow subdivision to build two houses; buyer and buyer's agent must confirm with the city for accuracy and best possible use of the land.

Last Agent to Sell the Property

Anita Lee

Wetrust Realty License #01896966 Listed on: 02/03/2023

Last Buyer's Agent

Xiaolu Hong

Pinnacle Real Estate Group License #02045529

Pinnacle Real Estate Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,585

Lot Details

  • 2 Acre Lot
  • Density is 2-5 Units/Acre
  • Property is zoned WCR140000&H*

Property Views

  • Panoramic
  • City Lights
  • Golf Course
  • Views of a landmark
  • Hills

Listing and Financial Details

  • Tax Lot 116
  • Tax Tract Number 930
  • Assessor Parcel Number 8493053001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$21,585

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: WCR140000&H*
  • Property Type: Land
  • Parcel Number: 8493053001
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 21.19

Exterior Features

  • View: City Lights, Golf Course, Hills, Landmark, Panoramic

Utilities

  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 87306.00
  • Lot Size Acres: 2.0043

Multi Family

  • Lot Size Area: 87306.0000 Square Feet

Tax Info

  • Tax Census Tract: 4080.05
  • Tax Lot: 116
  • Tax Tract Number: 930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Oct 9, 2023
Sold by
Wang Hui and Wang Degang
Bought by
Cai Charlie
Seller's Agent
Anita Lee
Wetrust Realty
Buyer's Agent
Xiaolu Hong
Pinnacle Real Estate Group
List Price
$1,880,000
Sold Price
$1,850,000
Premium/Discount to List
-$30,000
-1.6%
Views
61
Current Estimated Value
$1,933,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,595
Avg. Annual Appreciation
2.17%

Purchase Details

Listed on
Mar 12, 2020
Closed on
Feb 24, 2020
Sold by
Her Ming Yi
Bought by
Wang Hui and Guo Degang
Seller's Agent
Ray Tu
JC Pacific Corp
Buyer's Agent
Anita Lee
Wetrust Realty
List Price
$1,580,000
Sold Price
$1,580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
Feb 15, 2012
Closed on
May 16, 2012
Sold by
Verduzco Joel A and Verduzco Joann A
Bought by
Her Ming Yi
Seller's Agent
JoAnn Verduzco
RE/MAX CHAMPIONS WC
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$999,000
Sold Price
$950,000
Premium/Discount to List
-$49,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Jan 21, 2011
Sold by
Hayward Melanie Lidle and Hayward Brandyn
Bought by
Verduzco Joel A and Verduzco Joann A

Purchase Details

Closed on
Feb 3, 2003
Sold by
Reynolds Thomas L and Reynolds James G
Bought by
Lidle Cory

Purchase Details

Closed on
Mar 21, 2000
Sold by
Reynolds Wendy C and Reynolds Richard K
Bought by
Reynolds Richard K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cai Charlie $1,850,000 Fidelity National Title
Wang Hui $1,580,000 Lawyers Title
Her Ming Yi $950,000 North American Title Company
Verduzco Joel A $540,000 Netco Title Company
Lidle Cory $505,000 Fnt
Reynolds Richard K -- --
Reynolds Richard K -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2023 11/07/23 Sold $1,850,000 -1.6% --
07/08/2023 07/08/23 For Sale $1,880,000 +1.6% --
07/06/2023 07/06/23 Off Market $1,850,000 -- --
02/03/2023 02/03/23 For Sale $1,880,000 +19.0% --
04/01/2020 04/01/20 Sold $1,580,000 0.0% -- View Prior Sale
03/12/2020 03/12/20 For Sale $1,580,000 +66.3% --
05/22/2012 05/22/12 Sold $950,000 -4.9% -- View Prior Sale
05/01/2012 05/01/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $999,000 -- --
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
2025 $21,585 $1,887,000 $1,887,000 --
2024 $21,585 $1,850,000 $1,850,000 --
2023 $18,750 $1,660,860 $1,660,860 --
2022 $18,952 $1,628,295 $1,628,295 --
2021 $18,426 $1,596,368 $1,596,368 $0
2020 $12,923 $1,091,075 $1,091,075 $0
2019 $12,520 $1,069,682 $1,069,682 $0
2018 $12,046 $1,048,708 $1,048,708 $0
2016 $11,092 $1,007,987 $1,007,987 $0
2015 $10,831 $992,847 $992,847 $0
2014 $10,781 $973,399 $973,399 $0
Source: Public Records

Agents Affiliated with this Home

  • Anita Lee

    Seller's Agent in 2023

    Anita Lee

    Wetrust Realty

    (626) 235-2695

    3 in this area

    124 Total Sales

    Anita Lee
    Section Image

  • X

    Buyer's Agent in 2023

    Xiaolu Hong

    Pinnacle Real Estate Group

    (626) 977-9700

    2 in this area

    72 Total Sales

    Xiaolu Hong
    Section Image

  • R

    Seller's Agent in 2020

    Ray Tu

    JC Pacific Corp

    (626) 964-5500

    14 Total Sales

    Ray Tu
    Section Image
  • JoAnn Verduzco

    Seller's Agent in 2012

    JoAnn Verduzco

    RE/MAX

    (626) 665-0422

    1 in this area

    35 Total Sales

    JoAnn Verduzco
    Section Image

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    6,081 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23019245

California Regional Multiple Listing Service (CRMLS)

APN: 8493-053-001

California Los Angeles County West Covina 91791 South Hills

1118 Outlook Ln, West Covina, CA

Not Listed for Sale

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