NOT LISTED FOR SALE

Estimated Value: $1,131,637

0.16 Acre
$7,244,795 Price per Acre
6,806 Sq Ft Lot

Last Sold December 27, 2021

Last sale price $775,000

Est. 46% increase in value since last sale

Current estimated payment $7,314/month

59 Days on Market

About This Lot

As of December 2021

We are pleased to offer for sale this 6,800 Sqft lot DEVELOPMENT OPPORTUNITY TO PURCHASE TWO PROPERTIES TOGETHER. Housing Development opportunity located at 1409 W. 36th Street, walking distance to the internationally renowned University of Southern California (USC). The neighboring property is also available for sale which is a 4,166 sq ft church that can be developed into housing. Each individual lot allows a developer the opportunity to build 4 units by right each other. Seller prefers that both properties are sold together.

Last Agent to Sell the Property

WIlliam Dickerson

RE/MAX College Park Realty License #01987531 Listed on: 09/16/2021

RE/MAX College Park Realty

Last Buyer's Agent

WIlliam Dickerson

RE/MAX College Park Realty License #01987531 Listed on: 09/16/2021

RE/MAX College Park Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,349

Lot Details

  • 6,806 Sq Ft Lot
  • Property is zoned LAC2

Utilities

  • Water Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2 / 4
  • Assessor Parcel Number 5041011002
  • $194 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$14,349

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAC2
  • Property Type: Land
  • Parcel Number: 5041011002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 113.87

Utilities

  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 6806.00
  • Lot Size Acres: 0.1562

Multi Family

  • Lot Size Area: 6806.0000 Square Feet

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 2225.00
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 194.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 16, 2021
Sold by
Fliristthe King Baptist Church Inc
Bought by
Kingdom Builders Properties Llc
Seller's Agent
WIlliam Dickerson
RE/MAX College Park Realty
Buyer's Agent
WIlliam Dickerson
RE/MAX College Park Realty
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%
Current Estimated Value
$1,131,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,637
Avg. Annual Appreciation
10.05%
Original Mortgage
$731,555
Outstanding Balance
$675,596
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$428,842
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
Kingdom Builders Properties Llc $975,500 Wfg National Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingdom Builders Properties Llc $731,555
Closed Kingdom Builders Properties Llc $731,555
Previous Owner Christ The King Baptist Church Inc $165,000
Previous Owner Christ The King Baptist Church $53,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $775,000 +3.3% --
11/16/2021 11/16/21 For Sale $750,000 -3.2% --
11/15/2021 11/15/21 Off Market $775,000 -- --
11/15/2021 11/15/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $750,000 -3.2% --
09/29/2021 09/29/21 Off Market $775,000 -- --
09/28/2021 09/28/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $750,000 -- --
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
2025 $14,349 $1,193,400 $1,193,400 --
2024 $14,349 $1,170,000 $1,170,000 --
2023 $12,250 $995,010 $989,910 $5,100
2022 $11,687 $975,500 $970,500 $5,000
2021 $195 $39,756 $26,246 $13,510
2019 $195 $38,578 $25,468 $13,110
2018 $205 $37,822 $24,969 $12,853
2016 $205 $36,354 $24,000 $12,354
2015 $205 $35,809 $23,640 $12,169
2014 $225 $35,108 $23,177 $11,931
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21205314

California Regional Multiple Listing Service (CRMLS)

APN: 5041-011-002