$400,000
SOLD AUG 5, 2024

1400 E 73rd St Los Angeles, CA 90001

2 Beds
1 Bath
954 Sq Ft
3,919 Sq Ft Lot

Recently Sold

$419 Per Sq Ft

4% Below List Price

18 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 2 Car Attached Garage
  • Main Floor Bedroom
  • Neighborhood Views
  • Eat-In Kitchen

About This Home

As of January 2025

Embrace the potential of this unique property located at 1400 E 73rd St, Los Angeles, CA 90001. Situated on a lot zoned LCR3, this single-family home offers 857 square feet of space and presents an exceptional opportunity for redevelopment and expansion. Currently, the home has undergone fire damage, affecting the roof, kitchen cabinets, and other vital parts of the home. Additionally, there is a separate rear living unit that may not have been permitted originally, potentially converted from a garage. Despite its current condition, this property holds promise for those looking to capitalize on its zoning and transform it into a lucrative investment. The existing structure features 2 bedrooms and 1 bathroom, providing a solid opportunity for renovation or redevelopment. The layout, although in need of restoration, showcases possibilities for creative redesign and modernization. Outside, the property includes a small private yard, offering space for future development enhancements. The neighborhood is vibrant and conveniently located near local amenities, schools, and parks, ensuring a desirable lifestyle for future residents or tenants. Strategically positioned in Los Angeles, with easy access to major highways and public transportation, this property is ideally suited for developers, investors, or homeowners looking to build and maximize its potential. The LCR3 zoning opens doors to various development options, making it a valuable asset in the competitive real estate market of Los Angeles. Seize this opportunity to redefine this property according to your vision. Whether you envision creating multifamily housing, expanding the existing structure, or exploring other development avenues, this property offers the canvas for innovative and profitable ventures. Schedule a showing today and get this one before it sells.

Last Agent to Sell the Property

henry vega

Enrique Henry Vega Jr. Broker Brokerage Phone: 323-833-6466 License #01765081 Listed on: 06/21/2024

Last Buyer's Agent

henry vega

Enrique Henry Vega Jr. Broker Brokerage Phone: 323-833-6466 License #01765081 Listed on: 06/21/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1947

Lot Details

  • 3,919 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Front Yard
  • Property is zoned LCR3*

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway Level

Home Design

  • Traditional Architecture
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Unfinished Walls
  • Wood Product Walls
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 954 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room
  • Carpet
  • Neighborhood Views
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • <<tubWithShowerToken>>

Utilities

  • No Heating
  • No Utilities
  • Standard Electricity
  • Sewer Not Available

Additional Features

  • Accessible Parking
  • Slab Porch or Patio
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 5046
  • Assessor Parcel Number 6021002012
  • $724 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,022

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LCR3*
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6021002012
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 954.00 Square Feet
  • Interior Amenities: Unfinished Walls, Unfurnished, Wood Product Walls
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Parking
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 419.29
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Separate Family Room
  • Bathroom Features: Bathtub, Shower In Tub
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Concrete, Slab
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Paved, Driveway Level
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: None
  • Heating: No
  • Laundry: No
  • Electric: Standard
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level
  • Lot Size Sq Ft: 3919.00
  • Lot Size Acres: 0.0900
  • Latitude Manual: 33.97373900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3919.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5350.02
  • Tax Lot: 44
  • Tax Tract Number: 5046
  • TaxOtherAnnualAssessmentAmount: 724.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Dec 12, 2024
Sold by
Cardinal Development Llc
Bought by
Agreda Jose Luis
Seller's Agent
Luis Martinez
Century 21 Allstars
Buyer's Agent
Maria Ramirez
American Team Properties
List Price
$659,900
Sold Price
$689,500
Premium/Discount to List
$29,600
4.49%
Views
376
Current Estimated Value
$653,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,896
Avg. Annual Appreciation
-10.97%
Original Mortgage
$677,010
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 1, 2024
Sold by
Angeleno Homes Llc
Bought by
Cardinal Development Llc
Seller's Agent
henry vega
Enrique Henry Vega Jr. Broker
Buyer's Agent
henry vega
Enrique Henry Vega Jr. Broker
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Views
205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
210.92%

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 29, 2024
Sold by
Secretary Of The Department Of Housing A
Bought by
Angeleno Homes Llc
Seller's Agent
henry vega
Enrique Henry Vega Jr. Broker
Buyer's Agent
henry vega
Enrique Henry Vega Jr. Broker
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%
Views
205

Purchase Details

Closed on
Apr 13, 2023
Sold by
Nationwide Reconveyance Llc
Bought by
Secretary/Housing & Urban Dev

Purchase Details

Closed on
Aug 29, 2009
Sold by
Robinson Thelma
Bought by
Robinson Thelma and The Thelma Robinson Revocable Living Tru

Purchase Details

Closed on
May 26, 2004
Sold by
Robinson Thelma
Bought by
Robinson Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
3.66%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1998
Sold by
Roberts Linda
Bought by
Robinson Thelma

Purchase Details

Closed on
Dec 23, 1997
Sold by
Robinson Thelma
Bought by
Robinson Thelma and Roberts Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
11%

Purchase Details

Closed on
Nov 14, 1997
Sold by
Roberts Linda
Bought by
Robinson Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
11%

Purchase Details

Closed on
Feb 10, 1995
Sold by
Roberts Linda
Bought by
Robinson Thelma and Roberts Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
9.27%

Purchase Details

Closed on
Jan 9, 1995
Sold by
Robinson Thelma
Bought by
Robinson Thelma and Robert Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
9.27%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $689,500 Wfg National Title
Gift Deed -- None Listed On Document
Grant Deed $400,000 Wfg National Title
Trustee Deed $546,416 Accommodation/Courtesy Recordi
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Commerce Title Company
Gift Deed -- --
Gift Deed -- Landsafe Title
Gift Deed -- --
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $677,010 FHA
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $469,342 FHA
Previous Owner $315,000 FHA
Previous Owner $116,000 Unknown
Previous Owner $112,000 No Value Available
Previous Owner $80,000 No Value Available
Closed $315,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2025 01/28/25 Sold $689,500 +4.5% $805 / Sq Ft
12/07/2024 12/07/24 Pending -- -- --
12/06/2024 12/06/24 For Sale $659,900 +65.0% $770 / Sq Ft
08/05/2024 08/05/24 Sold $400,000 -3.6% $419 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $415,000 -- $435 / Sq Ft
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 $7,022 $530,400 $377,400 $153,000
2023 $988 $29,166 $11,991 $17,175
2022 $962 $28,595 $11,756 $16,839
2021 $947 $28,035 $11,526 $16,509
2019 $926 $27,205 $11,185 $16,020
2018 $859 $26,672 $10,966 $15,706
2016 $815 $25,639 $10,541 $15,098
2015 $804 $25,255 $10,383 $14,872
2014 $807 $24,761 $10,180 $14,581
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB24125883

California Regional Multiple Listing Service (CRMLS)

APN: 6021-002-012