NOT LISTED FOR SALE

1602 Steele Ave East Los Angeles, CA 90063

0.38 Acre
-- Price per Acre
16,379 Sq Ft Lot

Last Sold September 20, 2024

Last sale price $155,000

43 Days on Market

Highlights

  • Panoramic View
  • 0.38 Acre Lot
  • Corner Lot
  • City Terrace Elementary School Rated 9+
  • Property is near public transit
  • No HOA

About This Lot

As of September 2024

SHOVEL READY BUILD OPPORTUNITY In City Terrace! RESIDENTIAL DEVELOPMENT, INVESTMENT, OR BUILD YOUR OWN HOME on a Land Parcel Lot with Panoramic Views in the Heart of City Terrace! Prime Location Just Across from California State University Los Angeles, 10 Freeway, 710 Freeway, and Downtown Los Angeles. Large 16,000 sq ft+ Lot is Adjacent to "1600 Steele Ave, Los Angeles" and is an Elevated Location Between Ramona Blvd and Steele Ave on Each Side with Possible Property Access from Both Streets. Utilities in City Streets Would Make This Development Easy. Surrounding This Property Are Existing Homes. Adjacent Lot is Vacant. Architectural Plans Complete, Soil Tests Complete, City Plans Complete, Design Plans Complete. Potential to Build a Large Single Family Residence and ADU. Truly A Turn-Key Opportunity to Take Advantage of This RARE and Promising Land Parcel in the Heart of Los Angeles! Own Your Own Slice of Los Angeles! You Must See This Parcel ASAP Before Someone Else Acquires It For Themselves!

Last Agent to Sell the Property

Justin Yee

Keller Williams Legacy Brokerage Phone: 949-533-1572 License #01904338 Listed on: 07/25/2024

Keller Williams Legacy

Last Buyer's Agent

JUDITH PAEZ MATA

RE/MAX OLYMPIC License #01729412

RE/MAX OLYMPIC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $744

Lot Details

  • 0.38 Acre Lot
  • No Landscaping
  • Corner Lot
  • Irregular Lot
  • Value in Land
  • Property is zoned LCR1

Property Views

  • Panoramic
  • City Lights
  • Bluff
  • Views of a landmark
  • Mountain
  • Hills
  • Neighborhood

Location

  • Property is near public transit
  • Suburban Location

Listing and Financial Details

  • Tax Lot 252
  • Tax Tract Number 7813
  • Assessor Parcel Number 5225002024

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting
  • Rain Gutters

Property Details

Property Type

Land

Est. Annual Taxes

$744

Lot Details

0

Listing Details

  • Current Use: Investment, Residential, Unimproved
  • Current Use Comments: Unimproved Vacant Land, Investment, Pre-Build Shovel Ready Residential Development
  • Possible Use: Buyer to verify, Investment, Multi-Family, Residential
  • Possible Use Comments: Residential, Residential Multi-Unit, Single Family Residence, Duplex, Accessory Dwelling Unit
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Survey: Survey Done
  • View: Yes
  • Zoning: LCR1
  • Zoning Description: Residential
  • Property Type: Land
  • Parcel Number: 5225002024
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 9.46

Exterior Features

  • View: City Lights, Hills, Landmark, Mountain(s), Neighborhood, Panoramic

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Current Geological: Yes
  • Land Lease: No
  • Land Value: 314028
  • Lot Features: Bluff, Corner Lot, Lot 10000-19999 Sqft, Irregular Lot, Near Public Transit, No Landscaping, Value In Land
  • Lot Size Sq Ft: 16378.00
  • Lot Size Acres: 0.3760
  • Latitude Manual: 34.06047500

Multi Family

  • Lot Size Area: 16378.0000 Square Feet

Tax Info

  • Tax Lot: 252
  • Tax Tract Number: 7813
  • Tax Annual Amount: 744.00
  • Tax Year: 2022

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $155,000 +3.3% --
07/25/2024 07/25/24 For Sale $150,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24153369

California Regional Multiple Listing Service (CRMLS)