NOT LISTED FOR SALE

126 N Park View St Los Angeles, CA 90026

Westlake Neighborhood

Estimated Value: $779,044 - $987,000

0.18 Acre
$4,905,678 Price per Acre
7,998 Sq Ft Lot

Last Sold April 26, 2014

Last sale price $255,000

Est. 246% increase in value since last sale

Current estimated payment $5,484/month

52 Days on Market

About This Lot

As of April 2014

We're pleased to offer for sale this vacant lot located in the Westlake submarket of Los Angeles. It offers an investor the opportunity to develop a multi-family project in the northern most portion of the Rampart Village neighborhood. This parcel is immediately south of the highly desirable Silver Lake submarket, up-and-coming Echo Park submarket, and the 101 Freeway (Hollywood Freeway).The proximity to these desirable areas, known for both strong rental markets and appreciating property values, might allow an investor to take advantage of the growth of these neighborhoods as residents are priced out and in search of newer units at more affordable prices. In addition, future residents would be only minutes from both Hollywood and Downtown Los Angeles, which are two of the major core employment centers of So Cal and this would be a major selling point during the lease-up phase. The site is currently vacant land and it consists of 7,998 SF. Seller may exchange, Buyer to cooperate.

Last Agent to Sell the Property

David Levine Bramante

LOOM REALTY License #01511588 Listed on: 02/23/2014

LOOM REALTY

Last Buyer's Agent

David Bramante

Keller Williams Beverly Hills License #01511588

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,407

Lot Details

  • 7,998 Sq Ft Lot
  • Property is zoned LAR3

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5157-011-006

Property Details

Property Type

Land

Est. Annual Taxes

$9,407

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Dimensions: A0.1836
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5157-011-006
  • Geocode Override: No
  • Lot Size Area: 7998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2015
Sold by
Langdon Street Apartments Llc
Bought by
Active Properties I Llc
Current Estimated Value
$883,022

Purchase Details

Listed on
Feb 23, 2014
Closed on
Mar 24, 2014
Sold by
Snow David B
Bought by
Langdon Street Apartments Llc
Seller's Agent
David Levine Bramante
LOOM REALTY
Buyer's Agent
David Levine Bramante
LOOM REALTY
List Price
$225,000
Sold Price
$255,000
Premium/Discount to List
$30,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%

Purchase Details

Closed on
Sep 24, 2001
Sold by
Bryan Schools Inc
Bought by
Snow David B and The David B Snow Trust
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
Active Properties I Llc -- None Available
Langdon Street Apartments Llc $255,000 North American Title
Snow David B $13,500 Commonwealth Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2014 04/26/14 Sold $255,000 +13.3% --
04/16/2014 04/16/14 Pending -- -- --
02/23/2014 02/23/14 For Sale $225,000 -- --
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 $9,407 $790,599 $790,599 --
2024 $9,407 $775,098 $775,098 --
2023 $9,226 $759,900 $759,900 $0
2022 $3,546 $294,561 $294,561 $0
2021 $3,504 $288,786 $288,786 $0
2019 $3,400 $280,221 $280,221 $0
2018 $3,360 $274,727 $274,727 $0
2016 $3,222 $264,060 $264,060 $0
2015 $3,174 $260,094 $260,094 $0
2014 -- $36,147 $36,147 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    David Levine Bramante

    LOOM REALTY

    Section Image

  • D

    Buyer's Agent in 2014

    David Bramante

    Keller Williams Beverly Hills

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Map

Source: The MLS

MLS Number: 14-739315

The MLS

APN: 5157-011-006

California Los Angeles County Los Angeles 90026 Westlake

126 N Park View St, Los Angeles, CA

This home is located at 126 N Park View St, Los Angeles, CA 90026 since 23 February 2014 and is currently estimated at $883,022. 126 N Park View St is a home located in Los Angeles County with nearby schools including Rosemont Avenue Elementary School, Virgil Middle School, and Belmont High School.

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