NOT LISTED FOR SALE

1301 Colton St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $2,023,000 - $2,536,046

0.26 Acre
$8,789,820 Price per Acre
11,174 Sq Ft Lot

Last Sold May 17, 2018

Last sale price $2,203,000 $4,687 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $14,317/month

239 Days on Market

Highlights

  • City Lights View
  • 11,174 Sq Ft lot
  • 3-minute walk to Vista Hermosa Natural Park

About This Lot

As of May 2018

1299 & 1301 Colton St is a SilverlakeDowntown LA adjacent 29-unit apartment building development site, sold Ready-to-Issue! All units will be market-rate. RTI for a 4-story building over semi-subterranean parking with common decks at the podium. The proposed building will have sweeping views of Downtown LA's skyline and consists of 13 Studio apartments, 12 one-bed/one-bath apartments and 4 two-bed/one-bath apartments. Asking only $81 per buildable square foot and $79K/buildable door. Also for sale is 1346 W Court St, a 43-unit site located one block away. The two sites can be sold individualy or together. Seller is motivated and ready to make a deal.

Last Agent to Sell the Property

Oron Maher

California Real Property, Inc License #01299093 Listed on: 05/10/2017

California Real Property, Inc

Last Buyer's Agent

Kenneth Si

Sky Terrace Incorporation License #01935923

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,648

Lot Details

  • 0.26 Acre Lot
  • Property is zoned LACW

Property Views

  • City Lights Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5160-019-006

Property Details

Property Type

Land

Est. Annual Taxes

$27,648

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Dimensions: A.256
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5160-019-006
  • Geocode Override: No
  • Lot Size Area: 11174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Cai Haitao
Bought by
Zhu Tian
Current Estimated Value
$2,254,762

Purchase Details

Closed on
Nov 22, 2021
Sold by
Autumn Mountain Realty Llc
Bought by
1301 Colton Llc

Purchase Details

Closed on
Jun 15, 2020
Sold by
Zhu Tian
Bought by
Autumn Mountain Realty Llc

Purchase Details

Closed on
Jan 23, 2020
Sold by
Land Mark Development Llc
Bought by
Zhu Tian

Purchase Details

Listed on
May 10, 2017
Closed on
May 17, 2018
Sold by
Cao Chun Lan
Bought by
Land Mark Development Llc
Seller's Agent
Oron Maher
California Real Property, Inc
Buyer's Agent
Kenneth Si
Sky Terrace Incorporation
List Price
$2,399,000
Sold Price
$2,203,000
Premium/Discount to List
-$196,000
-8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.35%

Purchase Details

Listed on
May 10, 2017
Closed on
Apr 10, 2018
Sold by
Colton 1300 Partners Llc
Bought by
Cao Chun Lan and Su Ming Cong
Seller's Agent
Oron Maher
California Real Property, Inc
Buyer's Agent
Kenneth Si
Sky Terrace Incorporation
List Price
$2,399,000
Sold Price
$2,203,000
Premium/Discount to List
-$196,000
-8.17%

Purchase Details

Closed on
May 20, 2016
Sold by
Moret Louis
Bought by
Daniel Bernstein & Associates Inc

Purchase Details

Closed on
Mar 10, 2016
Sold by
Moret Gilbert A
Bought by
Colton 1300 Partners Llc

Purchase Details

Closed on
Sep 21, 2009
Sold by
Moret Louis F and Moret Katherine Wilson
Bought by
Moret Louis F

Purchase Details

Closed on
Feb 6, 2004
Sold by
Moret Louis F
Bought by
Moret Louis F

Purchase Details

Closed on
Jul 26, 2002
Sold by
Moret Gilbert A
Bought by
Moret Gilbert A
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
Zhu Tian -- Clearmark Title
1301 Colton Llc $2,200,000 Clearmark Title Co
Autumn Mountain Realty Llc -- None Available
Zhu Tian $2,080,000 Fidelity National Title Co
Land Mark Development Llc -- None Available
Cao Chun Lan $2,203,000 First American Title Company
Daniel Bernstein & Associates Inc -- First American Title Company
Colton 1300 Partners Llc $550,000 First American Title Company
Moret Louis F -- None Available
Moret Louis F -- --
Moret Gilbert A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1301 Colton Llc $1,100,000
Previous Owner Colton 1300 Partnerts Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2018 05/17/18 Sold $2,203,000 0.0% $4,687 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
10/11/2017 10/11/17 Off Market $2,203,000 -- --
09/26/2017 09/26/17 Price Changed $2,300,000 -4.1% $4,894 / Sq Ft
08/13/2017 08/13/17 For Sale $2,399,000 +8.9% $5,104 / Sq Ft
08/10/2017 08/10/17 Off Market $2,203,000 -- --
05/10/2017 05/10/17 For Sale $2,399,000 -- $5,104 / 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 $27,648 $2,334,657 $2,334,657 --
2024 $27,648 $2,288,880 $2,288,880 --
2023 $27,107 $2,244,000 $2,244,000 $0
2022 $25,834 $2,200,000 $2,200,000 $0
2021 $24,887 $2,101,548 $2,101,548 $0
2020 $27,157 $2,247,060 $2,247,060 $0
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2018

    Oron Maher

    California Real Property, Inc

    Section Image

  • K

    Buyer's Agent in 2018

    Kenneth Si

    Sky Terrace Incorporation

See All Agents

Map

Source: The MLS

MLS Number: 17-229690

The MLS

APN: 5160-019-037

California Los Angeles County Los Angeles 90026 Echo Park

1301 Colton St, Los Angeles, CA

This home is located at 1301 Colton St, Los Angeles, CA 90026 since 10 May 2017 and is currently estimated at $2,254,762, approximately $4,797 per square foot. 1301 Colton St is a home located in Los Angeles County with nearby schools including Betty Plasencia Elementary School, Sal Castro Middle School, and Academic Leadership Community Miguel Contreras Learning Complex.

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