NOT LISTED FOR SALE

13406 Newcomb Dr Sherman Oaks, CA 91423

Estimated Value: $149,000

0.14 Acre
$1,068,867 Price per Acre
6,071 Sq Ft Lot

Last Sold February 13, 2023

Last sale price $85,000

Est. 75% increase in value since last sale

Current estimated payment $913/month

96 Days on Market

Highlights

  • Panoramic View
  • Property is near a park
  • Hiking Trails
  • Ulysses S. Grant Senior High School Rated A-
  • No HOA
  • Up Slope from Street

About This Lot

As of February 2023

Now is your opportunity to develop your dream luxury estate in the hills of Sherman Oaks! This vacant parcel is situated in one of Los Angeles’s most sought-after suburbs! This lot offers breathtaking-panoramic views of the San Fernando Valley. Located away from all the city traffic and noise this property is on the quiet treelined “paper street” of Newcomb Drive surrounded by multi-million-dollar estates. The paved road ends only about 300 feet away from the property and can be paved the remainder of the way. There is new construction at the end of Newcomb Drive and structures are in the development phase. The two adjacent parcels just sold in May 2022, and this is one of the last few buildable lots remaining in the area. The lot is expansive with over 6,000 square feet of space and the zoning is R-1. There is a topographical map, and a slope density analysis report already completed for the property. The boundary markers were also set by a professional Land Surveyor. The property is centrally located only 4 miles from Beverly Hills, 9 miles to the Burbank Airport, 12 miles from Santa Monica, and 15 miles to Downtown Los Angeles. This property is also near prestigious schools such as Harvard-Westlake, Notre Dame, The Buckley School, Ivy Bound Academy, and many other nearby high ranking charter schools. The property is south of Ventura Blvd. which features fine dining and world-class entertainment. Nearby attractions include Sherman Oaks Galleria, Westfield Fashion Sqaure, Universal Studios, Franklin Canyon Park, the Longridge Park, and so much more! Don’t miss this once in a lifetime opportunity to create your very own custom luxury estate!

Last Agent to Sell the Property

Diego Locke

The Jireh Group License #02073335 Listed on: 10/13/2022

Last Buyer's Agent

Victoria Aguilar

Nelson Shelton & Associates License #01923203

Nelson Shelton & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,066

Lot Details

  • 6,071 Sq Ft Lot
  • Rectangular Lot
  • Density is up to 1 Unit/Acre
  • Value in Land
  • Property is zoned LAR1

Parking

  • Up Slope from Street

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Mountain
  • Hills
  • Valley
  • Neighborhood

Location

  • Property is near a park

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 1
  • Assessor Parcel Number 2386028016
  • $21 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community
  • Valley

Recreation

  • Hiking Trails

Property Details

Property Type

Land

Est. Annual Taxes

$1,066

Lot Details

0

Listing Details

  • Ad Number: 424-239-9930
  • Other Phone Number: 424-239-9930
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Unpaved
  • View: Yes
  • Zoning: LAR1
  • Property Type: Land
  • Parcel Number: 2386028016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 14.00

Exterior Features

  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods, Valley

Utilities

  • Utilities: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Mountainous, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot, Park Nearby, Up Slope from Street, Value In Land
  • Lot Size Sq Ft: 6071.00
  • Lot Size Acres: 0.1394
  • Latitude Manual: 34.13768100

Multi Family

  • Lot Size Area: 6071.0000 Square Feet

Tax Info

  • Tax Census Tract: 1439.02
  • Tax Lot: 78
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 21.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Feb 13, 2023
Sold by
Frakes James
Bought by
Arezina Nina and Schaefer Eric
Seller's Agent
Diego Locke
The Jireh Group
Buyer's Agent
Victoria Aguilar
Nelson Shelton & Associates
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Views
271
Current Estimated Value
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,000
Avg. Annual Appreciation
47.97%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Thompson Patricia
Bought by
Frakes James
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
Arezina Nina $85,000 Fidelity National Title
Frakes James $7,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $85,000 -14.9% --
10/13/2022 10/13/22 For Sale $99,900 -- --
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
2024 $1,066 $86,700 $86,700 --
2023 $1,631 $133,860 $133,860 $0
2022 $1,551 $131,236 $131,236 $0
2021 $1,533 $128,663 $128,663 $0
2019 $1,486 $124,848 $124,848 $0
2018 $1,485 $122,400 $122,400 $0
2016 $27 $800 $800 $0
2015 $26 $788 $788 $0
2014 $29 $773 $773 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF22219669

California Regional Multiple Listing Service (CRMLS)

APN: 2386-028-016