$1,260,000
SOLD OCT 12, 2023

1557 S Ogden Dr Los Angeles, CA 90019

Mid-City Neighborhood
0.16 Acre
$7,969,639 Price per Acre
6,889 Sq Ft Lot

Recently Sold

$834 Per Sq Ft

3% Below List Price

21 Days on Market

About This Lot

As of October 2023

Rare opportunity to build 3 luxurious town-home style units and an additional ADU townhome after Certificate of Occupancy - SB8 EXEMPT and delivered RTI (ready to issue). Just minutes from the Grove, Beverly Hills and the Westside, the plans include 4BD, 3.5BA units (2), a 2BD, 2.5BA unit and after Certificate of Occupancy you can build an additional 2BD, 2.5BA ADU unit. Elegant and thoughtfully laid out floor plans showcase layouts perfect for entertaining, taking in wonderful views and each unit includes a private yard. The large front units have private 2 car garages with direct entry. With everything the area has to offer just moments away, this location is perfect for young professionals, couples, or families looking to enjoy the city's vibrant lifestyle. We are anticipating a monthly income of $20,645 when completed, making this a great cash flowing asset. Close proximity to freeways to downtown and the westside. Start building this incredible project tomorrow.

Last Agent to Sell the Property

Grant Linscott

Keller Williams Realty Los Feliz License #01715002 Listed on: 08/28/2023

Keller Williams Realty Los Feliz

Last Buyer's Agent

Massoud Rabbanian

Uzan Realty License #01940655

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,500

Lot Details

  • 6,889 Sq Ft Lot
  • Lot Dimensions are 55x125
  • Property is zoned LAR2

Property Views

  • Views of Hills

Listing and Financial Details

  • Assessor Parcel Number 5068-026-009

Property Details

Property Type

Land

Est. Annual Taxes

$15,500

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1581
  • Lot Dimensions: 55x125
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Hills
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5068-026-009
  • Lot Size Area: 6889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 4, 2023
Sold by
Lamer Tracey
Bought by
Forever Properties Llc
Seller's Agent
Grant Linscott
Keller Williams Realty Los Feliz
Buyer's Agent
Massoud Rabbanian
Uzan Realty
List Price
$1,299,000
Sold Price
$1,260,000
Premium/Discount to List
-$39,000
-3%
Total Days on Market
21
Views
615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%

Purchase Details

Listed on
Sep 3, 2020
Closed on
Nov 19, 2021
Sold by
Fields Margaret and Estate Of Madeline De Lille
Bought by
Larner Tracey
Seller's Agent
Alasia Christopher
Accent Realty
Buyer's Agent
Saul Larner Ph.D., LL.M., MBA
RE/MAX Alliance Group
List Price
$950,000
Sold Price
$1,245,000
Premium/Discount to List
$295,000
31.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.65%
Original Mortgage
$872,000
Interest Rate
3.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2016
Sold by
Delille Madeline
Bought by
Delille Madeline and Madeline De Lille Trust
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 Type Sale Price Title Company
Grant Deed $1,260,000 Upward Title Company
Grant Deed $1,245,000 Pacific Coast Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $785,000 New Conventional
Previous Owner $872,000 Commercial
Closed $0 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $1,260,000 -3.0% $834 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $1,299,000 +4.3% $860 / Sq Ft
12/08/2021 12/08/21 Sold $1,245,000 +31.1% $825 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $950,000 -- $629 / 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
2024 $15,500 $1,260,000 $1,008,000 $252,000
2023 $15,618 $1,269,900 $1,015,920 $253,980
2022 $14,897 $1,245,000 $996,000 $249,000
2021 $7,513 $607,677 $577,285 $30,392
2020 $7,588 $601,447 $571,366 $30,081
2019 $7,294 $589,655 $560,163 $29,492
2018 $817 $55,700 $28,413 $27,287
2016 $767 $53,538 $27,310 $26,228
2015 $757 $52,735 $26,900 $25,835
2014 $771 $51,703 $26,374 $25,329
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Grant Linscott

    Keller Williams Realty Los Feliz

  • M

    Buyer's Agent in 2023

    Massoud Rabbanian

    Uzan Realty

  • A

    Seller's Agent in 2021

    Alasia Christopher

    Accent Realty

  • S

    Buyer's Agent in 2021

    Saul Larner Ph.D., LL.M., MBA

    RE/MAX

See All Agents

Map

Source: The MLS

MLS Number: 23-304881

The MLS

APN: 5068-026-009

California Los Angeles County Los Angeles 90019 Mid-City

1557 S Ogden Dr, Los Angeles, CA

This home is located at 1557 S Ogden Dr, Los Angeles, CA 90019 and is currently priced at $1,260,000, approximately $834 per square foot. 1557 S Ogden Dr is a home located in Los Angeles County with nearby schools including Crescent Heights Boulevard Elementary School, Daniel Webster Middle School, and Fairfax High School.

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