NOT LISTED FOR SALE

1342 Allesandro St Los Angeles, CA 90026

Echo Park Neighborhood

Estimated Value: $1,025,000 - $1,696,000

0.15 Acre
$8,250,162 Price per Acre
6,740 Sq Ft Lot

Last Sold September 02, 2020

Last sale price $750,000 $466 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,720/month

16 Days on Market

About This Lot

As of September 2020

Seize this rare developer's dream opportunity in prime Silver Lake-Echo Park! Conveniently located close to Sunset Blvd and Downtown LA. Zoned for three units by right (with potential eligibility for more) spanning several buildable pads. All utilities existing on site and no planning approvals needed. Imagine the possibilities! Property is partially demolished already with a 15-foot wide improved alley for easy downhill access. Plus, the gentle slope is ready to capture exceptional skyline views. Zero protected trees and in-demand location near coffee bars, eateries, shops, and entertainment are the cherry on top. Even better, covered parking is not required in the RD2-1VL zone. Ideal site for a developer who wants to bring their vision to life in a highly sought-after community. Now is the time. Put your stamp on central LA!

Last Agent to Sell the Property

David Brizendine

The Address, Inc. License #01879711 Listed on: 07/13/2020

Co-Listed By

Benjamin Lester

Kape Property Management, Inc. License #02033314

Last Buyer's Agent

Luis Chavez

License #01871425

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,832

Lot Details

  • 6,740 Sq Ft Lot
  • Property is zoned LARD2

Property Views

  • City Lights Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5424-029-010

Property Details

Property Type

Land

Est. Annual Taxes

$9,832

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1547
  • Survey: Survey Done
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, City Lights
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5424-029-010
  • Lot Description: 2-4 Lots
  • Lot Size Area: 6740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 26, 2020
Sold by
1342 Allesandro St Partners Llc
Bought by
Usa Zhongzhi Realty Investments Inc
Seller's Agent
David Brizendine
The Address, Inc.
Buyer's Agent
Luis Chavez
List Price
$830,000
Sold Price
$750,000
Premium/Discount to List
-$80,000
-9.64%
Current Estimated Value
$1,276,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,300
Avg. Annual Appreciation
10.70%
Original Mortgage
$50,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 31, 2019
Sold by
Rothenhausler Guadalupe
Bought by
1342 Allesandro St Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 1998
Sold by
Rothenhausler Maria D
Bought by
Rothenhausler Guadalupe
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Usa Zhongzhi Realty Investments Inc $750,000 Progressive Title
1342 Allesandro St Partners Llc $650,000 Lawyers Title Company
Rothenhausler Guadalupe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1342 Allesandro St Partners Llc $50,000
Previous Owner 1342 Allesandro St Partners Llc $544,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $750,000 -9.6% $466 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $830,000 -- $516 / 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 $9,832 $811,824 $811,824 --
2024 $9,832 $795,906 $795,906 --
2023 $12,943 $780,300 $780,300 $0
2022 $9,968 $765,000 $765,000 $0
2021 $9,830 $750,000 $750,000 $0
2020 $10,319 $838,000 $700,000 $138,000
2019 $1,150 $82,587 $54,187 $28,400
2018 $1,068 $80,969 $53,125 $27,844
2016 $999 $77,827 $51,063 $26,764
2015 $986 $76,658 $50,296 $26,362
2014 $997 $75,157 $49,311 $25,846
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Brizendine

    The Address, Inc.

    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Benjamin Lester

    Kape Property Management, Inc.

    (310) 482-2500

    14 Total Sales

    Benjamin Lester
    Section Image

  • L

    Buyer's Agent in 2020

    Luis Chavez

See All Agents

Map

Source: The MLS

MLS Number: 20-603512

The MLS

APN: 5424-029-010

California Los Angeles County Los Angeles 90026 Echo Park

1342 Allesandro St, Los Angeles, CA

This home is located at 1342 Allesandro St, Los Angeles, CA 90026 since 13 July 2020 and is currently estimated at $1,276,300, approximately $793 per square foot. 1342 Allesandro St is a home located in Los Angeles County with nearby schools including Mayberry Street Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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