NOT LISTED FOR SALE

Estimated Value: $1,598,000 - $2,306,013

0.16 Acre
$11,804,427 Price per Acre
6,800 Sq Ft Lot

Last Sold April 24, 2021

Last sale price $1,395,000 $704 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $12,524/month

32 Days on Market

About This Lot

As of April 2021

We are pleased to offer for sale this 6,800 Sqft lot Co-living/ Student Housing Development opportunity located at 1332 W. 35th Place, walking distance to the internationally renowned University of Southern California (USC). The neighboring 3 lots are also available for sale. Each individual lot allows a developer the opportunity to build 4 units by right, TOC/Tier 1, and allowing the use of the citywide bonus density incentive to build 7 units each. 1314, 1326 & 1332 will be delivered 100% vacant. 1318 W. 35th Place, is a triplex, occupied with USC Students. The combined lots consists of 27,200 SQFT. The sites offers residents a highly desirable location only a 5-minute walk West of campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment options. Students also benefit from being approximately three miles from L.A. Live, Staples Center and numerous other Downtown Los Angeles attractions and amenities.

Last Agent to Sell the Property

Davis Saadian

Keller Williams Hollywood Hills License #01921748 Listed on: 01/19/2021

Keller Williams Hollywood Hills

Last Buyer's Agent

Davis Saadian

Keller Williams Hollywood Hills License #01921748 Listed on: 01/19/2021

Keller Williams Hollywood Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,454

Lot Details

  • 6,800 Sq Ft Lot
  • Lot Dimensions are 50x136
  • Property is zoned LARD1.5

Property Views

  • City Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5040-005-018

Property Details

Property Type

Land

Est. Annual Taxes

$30,454

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1561
  • Lot Dimensions: 50x136
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5040-005-018
  • Lot Size Area: 6800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Apr 1, 2021
Sold by
Jefferson Edwin R and Jefferson Ruby F
Bought by
Usc Villas No 1 Llc
Seller's Agent
Davis Saadian
Keller Williams Hollywood Hills
Buyer's Agent
Davis Saadian
Keller Williams Hollywood Hills
List Price
$1,400,000
Sold Price
$1,395,000
Premium/Discount to List
-$5,000
-0.36%
Current Estimated Value
$1,823,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,858
Avg. Annual Appreciation
7.19%
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
Usc Villas No 1 Llc $1,395,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jefferson Edwin R $502,000
Previous Owner Jefferson Edwin R $75,000
Previous Owner Jefferson Edwin R $310,400
Previous Owner Jefferson Edwin R $301,200
Previous Owner Jefferson Edwin R $224,000
Previous Owner Jefferson Edwin R $149,886
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2021 04/24/21 Sold $1,395,000 -0.4% $704 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $1,400,000 -- $706 / 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 $30,454 $2,558,304 $1,059,266 $1,499,038
2024 $30,454 $2,508,143 $1,038,497 $1,469,646
2023 $17,776 $1,451,357 $1,018,135 $433,222
2022 $16,951 $1,422,900 $998,172 $424,728
2021 $3,071 $238,690 $143,218 $95,472
2020 $3,097 $236,244 $141,750 $94,494
2019 $2,984 $231,613 $138,971 $92,642
2018 $2,888 $227,073 $136,247 $90,826
2016 $2,744 $218,257 $130,957 $87,300
2015 $2,705 $214,979 $128,990 $85,989
2014 $2,723 $210,769 $126,464 $84,305
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-682166

The MLS

APN: 5040-005-018