Seller's Agent in 2021
Juliette Torres
TrustTower RealEstate Solution
(323) 384-5136
1 in this area
11 Total Sales
1357 Roland Curtis Place Los Angeles, CA 90062
Exposition Park NeighborhoodEstimated Value: $906,000 - $1,642,000
0.12
Acre
$9,242,775
Price per Acre
5,227
Sq Ft Lot
About This Lot
As of October 2021Great Development Opportunity!
*Tier 3 for RD2 allows up to 4 units for this lot size
*The possible plans consist of a 2 story 4-plex comprised of 4 two-bedroom, 2 bathroom units.
*The total proposed habitable area is 4,000 square feet.
The property features a 5227 sq. ft. lot zoned RD2 in a TOC Tier 3 area allowing for additional units & increased density for a TOC redevelopment project.
Take advantage of Transit Oriented Communities Incentive and bonus program
The house on the property has already been removed to make way for redevelopment in this designated opportunity zone.
The possible plans consist of a 2 story 4-plex comprised of 4 two-bedroom, 2 bathroom units, each unit 1,000 square feet.
Confirm with Building Department
Last Agent to Sell the Property
TrustTower RealEstate Solution License #01731225 Listed on: 09/03/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,014
Lot Details
- 5,227 Sq Ft Lot
- Level Lot
- Property is zoned LARD2
Location
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 111
- Assessor Parcel Number 5036003038
- $2,728 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2021
Closed on
Sep 29, 2021
Sold by
Duerson Herschell and Duerson Marjorie Hubbard
Bought by
Ocean Development Inc
Seller's Agent
Juliette Torres
TrustTower RealEstate Solution
Buyer's Agent
Jeremy Thana
AIE Realty Inc
List Price
$799,000
Sold Price
$600,000
Premium/Discount to List
-$199,000
-24.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,133
Avg. Annual Appreciation
17.53%
Original Mortgage
$750,000
Interest Rate
2.8%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 5, 2018
Sold by
Hubbard Marjorie
Bought by
Hubbard Marjorie and The Marjorie Hubbard Revocable
Purchase Details
Closed on
Jan 20, 2006
Sold by
Hubbard Marjorie and Estate Of Celia Wigins
Bought by
Hubbard Marjorie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2006
Sold by
Hubbard Christine
Bought by
Hubbard Marjorie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 17, 2006
Sold by
Hubbard Daryl
Bought by
Hubbard Marjorie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ocean Development Inc | $600,000 | Lennar Title Company | |
| Hubbard Marjorie | -- | None Available | |
| Hubbard Marjorie | -- | Equity Title Company | |
| Hubbard Marjorie | -- | Equity Title Company | |
| Hubbard Marjorie | -- | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 3La Oz Fund I Llc | $890,000 | |
| Closed | Ocean Development Inc | $750,000 | |
| Previous Owner | Hubbard Marjorie | $358,360 | |
| Previous Owner | Hubbard Marjorie | $268,000 | |
| Previous Owner | Hubbard Marjorie | $56,000 | |
| Previous Owner | Hubbard Marjorie | $14,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/28/2021 10/28/21 | Sold | $600,000 | -24.9% | -- |
| 10/13/2021 10/13/21 | Price Changed | $799,000 | 0.0% | -- |
| 09/11/2021 09/11/21 | For Sale | $799,000 | 0.0% | -- |
| 09/06/2021 09/06/21 | Pending | -- | -- | -- |
| 09/03/2021 09/03/21 | For Sale | $799,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,014 | $1,386,457 | $650,250 | $736,207 |
| 2024 | $8,014 | $637,500 | $637,500 | -- |
| 2023 | $7,866 | $625,000 | $625,000 | $0 |
| 2022 | $7,361 | $600,000 | $600,000 | $0 |
| 2021 | $7,303 | $396,072 | $251,627 | $144,445 |
| 2020 | $7,348 | $392,011 | $249,047 | $142,964 |
| 2019 | $7,159 | $384,325 | $244,164 | $140,161 |
| 2018 | $7,063 | $376,790 | $239,377 | $137,413 |
| 2016 | $4,453 | $362,161 | $230,083 | $132,078 |
| 2015 | $4,388 | $356,722 | $226,627 | $130,095 |
| 2014 | $4,410 | $349,735 | $222,188 | $127,547 |
Source: Public Records
Agents Affiliated with this Home
-
Juliette Torres
-
Jeremy Thana
J
Buyer's Agent in 2021
Jeremy Thana
AIE Realty Inc
(562) 552-7608
3 in this area
41 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB21195187
APN: 5036-003-038
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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