NOT LISTED FOR SALE

1412 S New Hampshire Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $838,000 - $2,510,730

0.09 Acre
$17,680,729 Price per Acre
4,125 Sq Ft Lot

Last Sold May 31, 2022

Last sale price $555,000

Est. 202% increase in value since last sale

Current estimated payment $9,706/month

28 Days on Market

About This Lot

As of May 2022

LOCATION! LOCATION! LOCATION! Don't miss this Prime Developer's opportunity to purchase and develop in the emerging area of Los Angeles near Korea Town. Conveniently situated near major streets, eateries, schools, and public transportation. A new housing project was built across the street. Zoned LARD1.5 perfect opportunity to build a duplex on this ideal development site.
A vibrant district with a blend of several brand new developments, shops, and dining, located right in the evolving area of Los Angeles.
Minutes away from DTLA, Crypto Arena.com, USC, LA Live, Convention Center, public transportation, and major freeways.

No plans are available or pending.

Buyers and Buyers' agents are responsible for verifying the accuracy of all information and do their own due diligence and independently verify all information.Buyer to verify all information and rely on their own investigation as to location, zoning, uses, utilities, sewer, city building requirements etc.

Last Agent to Sell the Property

Patricia Castilllo

eXp Realty of California Inc. License #02112322 Listed on: 03/31/2022

eXp Realty of California Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,990

Lot Details

  • 4,125 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARD1.5

Additional Features

  • City Lights Views
  • Water Not Available

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 5075001013
  • $64 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$6,990

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LARD1.5
  • Property Type: Land
  • Parcel Number: 5075001013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 134.55

Exterior Features

  • View: City Lights

Utilities

  • Water Source: None, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4125.00
  • Lot Size Acres: 0.0947

Multi Family

  • Lot Size Area: 4125.0000 Square Feet

Tax Info

  • Tax Census Tract: 2212.20
  • Tax Lot: 12
  • TaxOtherAnnualAssessmentAmount: 64.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Kavanagh Carolyn
Bought by
Harmony Homes New Hampshire Llc
Current Estimated Value
$1,674,365

Purchase Details

Closed on
Oct 26, 2023
Sold by
5 Star Discount Homes Llc
Bought by
Kavanagh Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,762,500
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2018
Sold by
Gray Jan Charles
Bought by
The Developer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Harmony Homes New Hampshire Llc -- --
Kavanagh Carolyn $2,350,000 California Best Title
The Developer Llc $350,000 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kavanagh Carolyn $1,762,500
Previous Owner Developer Llc $300,000
Previous Owner The Developer Llc $240,000
Previous Owner The Developer Llc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $555,000 0.0% --
03/31/2022 03/31/22 For Sale $555,000 -- --
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 $6,990 $2,397,000 $1,677,900 $719,100
2024 $6,990 $577,422 $577,422 --
2023 $6,856 $566,100 $566,100 $0
2022 $4,355 $367,911 $367,911 $0
2021 $4,303 $360,698 $360,698 $0
2020 $4,347 $357,000 $357,000 $0
2019 $4,173 $350,000 $350,000 $0
2018 $244 $15,056 $15,056 $0
2016 $237 $14,472 $14,472 $0
2015 $233 $14,255 $14,255 $0
2014 $1,079 $13,976 $13,976 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22064404

California Regional Multiple Listing Service (CRMLS)

APN: 5075-001-013