NOT LISTED FOR SALE

1141 N Detroit St West Hollywood, CA 90046

Estimated Value: $1,849,000 - $2,176,000

0.14 Acre
$14,258,793 Price per Acre
6,404 Sq Ft Lot

Last Sold April 20, 2016

Last sale price $1,400,000 $674 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $13,380/month

24 Days on Market

About This Lot

As of April 2016

1141 North Detroit Street is a rare development opportunity in West Hollywood, California. This development opportunity is on a 6,403-square foot lot that is WDR3C zoned. An existing duplex consisting of two one-bedroom/one-bathroom units and a two-bedroom/one-bathroom home are currently tenant occupied. Each of the current tenants are paying well below market rents. In order to develop the property, the existing structures will need to be demolished. Buyer to conduct its own due diligence as to the potential development of the property.

Last Agent to Sell the Property

Jeff Louks

Marcus & Millichap License #00908473 Listed on: 01/05/2016

Last Buyer's Agent

Tal Kenig

Simco Enterprises Inc License #01987416

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,488

Lot Details

  • 6,404 Sq Ft Lot
  • Property is zoned WDR3C*

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5531-009-008

Property Details

Property Type

Land

Est. Annual Taxes

$21,488

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5531-009-008
  • Geocode Override: No
  • Lot Size Area: 6404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2025
Sold by
Second Chance Organization Llc
Bought by
1141 Detroit St Second Chance Llc
Current Estimated Value
$2,126,947

Purchase Details

Closed on
Jan 31, 2024
Sold by
Prestige Default Services Llc
Bought by
Center Street Lndg Viii Spe Ll

Purchase Details

Closed on
Feb 5, 2016
Sold by
Salvosa Generoso V and Salvosa Clarita D
Bought by
1141 Detroit St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 23, 1996
Sold by
Salvosa Generoso V and Salvosa Clarita D
Bought by
Salvosa Generoo V and Salvosa Clarita D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
1141 Detroit St Second Chance Llc -- --
Center Street Lndg Viii Spe Ll $5,510,056 Wfg National-Default Services
1141 Detroit St Llc $1,400,000 North American Title Co Inc
Salvosa Generoo V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1141 Detroit St Llc $5,851,865
Previous Owner 1141 Detroit St Llc $1,100,000
Previous Owner 1141 Detroit St Llc $4,244,382
Previous Owner 1141 Detroit Llc $1,500,000
Previous Owner 1141 Detroit St Llc $3,980,000
Previous Owner 1141 Detroit St Llc $1,025,000
Previous Owner 1141 Detroit St Llc $980,000
Previous Owner Salvosa Generoso $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2016 04/20/16 Sold $1,400,000 -12.5% $674 / Sq Ft
01/29/2016 01/29/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $1,600,000 -- $770 / 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
2025 $21,488 $1,759,500 $1,412,700 $346,800
2024 $21,488 $1,624,813 $974,889 $649,924
2023 $21,023 $1,592,955 $955,774 $637,181
2022 $19,887 $1,561,722 $937,034 $624,688
2021 $19,668 $1,531,101 $918,661 $612,440
2020 $19,822 $1,515,403 $909,242 $606,161
2019 $19,007 $1,485,690 $891,414 $594,276
2018 $18,787 $1,456,560 $873,936 $582,624
2016 $2,214 $76,789 $51,547 $25,242
2015 $2,195 $75,636 $50,773 $24,863
2014 $2,207 $74,155 $49,779 $24,376
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-968981

The MLS

APN: 5531-009-008