NOT LISTED FOR SALE

Estimated Value: $873,330 - $999,000

0.16 Acre
$5,997,658 Price per Acre
6,824 Sq Ft Lot

Last Sold May 02, 2022

Last sale price $800,000 $584 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,847/month

10 Days on Market

About This Lot

As of May 2022

Development Opportunity!!! Property is being sold for land value and development opportunity. Plans have been submitted to build a multi family building; buyer may take over project or start their own project. Must be sold with property next door 200 E 120th St Los Angeles, CA 90061 (APN: 6086-002-011) combined price of $1,900,000 both lots together equal a total of 18,488 sq/ft. Buyer must independently verify the build ability of this parcel, the number of units which could be built and all aspects of development and use of the Property with appropriate professionals prior to removing their investigation contingency. Submit All Offers!

Last Agent to Sell the Property

William Ramirez

Realty One Group United License #02027289 Listed on: 01/06/2022

Realty One Group United

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,542

Lot Details

  • 6,824 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned LAR3

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 6086002012
  • $529 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$10,542

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAR3
  • Property Type: Land
  • Parcel Number: 6086002012
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 117.23

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6824.00
  • Lot Size Acres: 0.1567

Multi Family

  • Lot Size Area: 6824.0000 Square Feet

Tax Info

  • Tax Census Tract: 2414.00
  • Tax Lot: 8
  • TaxOtherAnnualAssessmentAmount: 529.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2016
Closed on
Mar 3, 2017
Sold by
Cadenas Juan
Bought by
El Sol Investments Inc
Seller's Agent
ELVIRA RANGEL
FIRST FAMILY HOMES
Buyer's Agent
MANUEL REYES
First Family Homes
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Current Estimated Value
$939,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$554,833
Avg. Annual Appreciation
10.91%

Purchase Details

Listed on
Jan 27, 2014
Closed on
May 8, 2014
Sold by
Cadenas Margarita Garcia
Bought by
Cadenas Juan
Seller's Agent
Ron Edison
Tower Realty & Investments
Buyer's Agent
ELVIRA RANGEL
FIRST FAMILY HOMES
List Price
$294,900
Sold Price
$265,000
Premium/Discount to List
-$29,900
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$198,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 27, 2014
Closed on
Apr 16, 2014
Sold by
Fannie Mae
Bought by
Cadenas Juan
Seller's Agent
Ron Edison
Tower Realty & Investments
Buyer's Agent
ELVIRA RANGEL
FIRST FAMILY HOMES
List Price
$294,900
Sold Price
$265,000
Premium/Discount to List
-$29,900
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2013
Sold by
Galvan Ramon
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 13, 2005
Sold by
Ramos Victoria A and Montes Mario G Laureano
Bought by
Galvan Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 3, 2004
Sold by
Ramos Victoria A and Montes Mario G Laureno
Bought by
Ramos Victoria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 19, 2001
Sold by
Montes Mario G Laureano and Beltran Miguel V
Bought by
Ramos Victoria A

Purchase Details

Closed on
Jul 14, 1999
Sold by
Operation Shoe Strings Inc
Bought by
Montes Mario G Laureno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,602
Interest Rate
7.76%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1998
Sold by
Hud
Bought by
Operation Shoe Strings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,850
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 21, 1997
Sold by
Moya Antonio and Rueda Genoveva
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Aug 11, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Apr 11, 1997
Sold by
Moya Antonio and Rueda Genoveva
Bought by
New Haven Corp

Purchase Details

Closed on
Jul 7, 1995
Sold by
Salazar Domingo
Bought by
Moya Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,029
Interest Rate
7.62%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 1995
Sold by
Veroba Harry and Veroba Thelma
Bought by
Salazar Domingo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
8.46%
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
El Sol Investments Inc $385,000 Wfg Title Company
Cadenas Juan -- Lsi Title Company
Cadenas Juan $265,000 Lsi Title Company
Federal National Mortgage Association $370,659 Accommodation
Galvan Ramon $420,000 New Century Title Company
Ramos Victoria A -- Southland Title
Ramos Victoria A -- --
Montes Mario G Laureno $171,000 Provident Title
Operation Shoe Strings Inc $77,000 Provident Title
Countrywide Home Loans Inc $132,555 --
Hud -- Landsafe Title
New Haven Corp -- --
Moya Antonio $125,000 Southland Title
Salazar Domingo $60,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cadenas Juan $198,750
Previous Owner Galvan Ramon $308,000
Previous Owner Ramos Victoria A $195,000
Previous Owner Montes Mario G Laureno $169,602
Previous Owner Operation Shoe Strings Inc $132,850
Previous Owner Moya Antonio $124,029
Previous Owner Salazar Domingo $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/02/2022 05/02/22 Sold $800,000 0.0% $584 / Sq Ft
05/02/2022 05/02/22 Sold $800,000 -11.1% $584 / Sq Ft View Prior Sale
01/06/2022 01/06/22 For Sale $900,000 0.0% $657 / Sq Ft
10/05/2021 10/05/21 Price Changed $900,000 -52.6% $657 / Sq Ft
08/31/2021 08/31/21 For Sale $1,900,000 +393.5% $1,387 / Sq Ft
03/09/2017 03/09/17 Sold $385,000 -3.5% $281 / Sq Ft View Prior Sale
03/01/2017 03/01/17 For Sale $399,000 0.0% $291 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
12/14/2016 12/14/16 For Sale $399,000 +50.6% $291 / Sq Ft
05/16/2014 05/16/14 Sold $265,000 -10.1% $193 / Sq Ft View Prior Sale
04/09/2014 04/09/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $294,900 -- $215 / 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
2025 $10,542 $848,965 $636,724 $212,241
2024 $10,542 $832,320 $624,240 $208,080
2023 $10,341 $816,000 $612,000 $204,000
2022 $5,453 $421,052 $273,411 $147,641
2021 $5,383 $412,797 $268,050 $144,747
2019 $5,227 $400,554 $260,100 $140,454
2018 $5,150 $392,700 $255,000 $137,700
2016 $3,689 $274,415 $176,040 $98,375
2015 $3,636 $270,294 $173,396 $96,898
2014 $4,130 $304,000 $220,000 $84,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22003091

California Regional Multiple Listing Service (CRMLS)

APN: 6086-002-012