NOT LISTED FOR SALE

1604 W 11th St Los Angeles, CA 90015

Pico-Union Neighborhood

Estimated Value: $1,025,527

0.14 Acre
$7,293,933 Price per Acre
6,126 Sq Ft Lot

Last Sold November 09, 2021

Last sale price $900,000

Est. 14% increase in value since last sale

Current estimated payment $6,559/month

80 Days on Market

About This Lot

As of November 2021

Land ready to be developed with TOC Tier 3 verification!  Located in the path of progress, the true value of this location will be realized by a savvy investor in the near future.  The lot frontage is 50' and the lot depth is 123', according to public records.  LA Live, Staples Center, LA Convention Center, and all the subsequent growth surrounding this area primes this opportunity to be a long-term home run.  With a walk score of 93 and a transit score of 86, the best of what Downtown LA has to offer is all located nearby and easy to get to.  Plus, there is no need for demo costs or tenant relocation fees with this opportunity, making it easier for you to transform this land into whatever you want.

Last Agent to Sell the Property

Matt Mahowald

Buckingham Investments, Inc License #02001732 Listed on: 07/20/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,327

Lot Details

  • 6,126 Sq Ft Lot
  • Chain Link Fence
  • Level Lot
  • Value in Land
  • Property is zoned LAC1

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 1
  • Assessor Parcel Number 5137019016

Property Details

Property Type

Land

Est. Annual Taxes

$11,327

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAC1
  • Property Type: Land
  • Parcel Number: 5137019016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 146.91

Exterior Features

  • Fencing: Chain Link

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Value In Land
  • Lot Size Sq Ft: 6126.00
  • Lot Size Acres: 0.1406

Multi Family

  • Lot Size Area: 6126.0000 Square Feet

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2098.20
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Jan 6, 2022
Sold by
Shelbourne Towers Llc
Bought by
Eleventh St Towers Llc
Seller's Agent
Matt Mahowald
Buckingham Investments, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,150,000
Sold Price
$900,000
Premium/Discount to List
-$250,000
-21.74%
Total Days on Market
80
Current Estimated Value
$1,025,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,527
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 26, 2021
Sold by
Mcmillion Chester Lee and Mcmillion Janine Sandy
Bought by
Shelbourne Towers Llc
Seller's Agent
Matt Mahowald
Buckingham Investments, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,150,000
Sold Price
$900,000
Premium/Discount to List
-$250,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
2.88%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jan 25, 2018
Sold by
Perez Ricky B
Bought by
Rancho Dobe Dollar Hill Family Trust
Seller's Agent
Monette Torrilla Whitman
Monette Torrilla Whitman
Buyer's Agent
Monette Torrilla Whitman
Monette Torrilla Whitman
List Price
$1,000,000
Sold Price
$700,000
Premium/Discount to List
-$300,000
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%

Purchase Details

Closed on
Sep 18, 2015
Sold by
Perez Ricky B
Bought by
The Ricky B Perez & Carolina E Perez Fam

Purchase Details

Closed on
Mar 15, 2012
Sold by
Bbcn Bank
Bought by
Perez Ricky B and Perez Carolina E

Purchase Details

Closed on
Sep 28, 2011
Sold by
G & Ing Inc
Bought by
Nara Bank

Purchase Details

Closed on
Mar 21, 2003
Sold by
Youn Pia
Bought by
G & Ing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2002
Sold by
Song Kyum Ja
Bought by
Youn Pia
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
Eleventh St Towers Llc -- None Listed On Document
Shelbourne Towers Llc $900,000 Western Resources Title
Mcmillion Chester Lee -- Western Resources Title
Rancho Dobe Dollar Hill Family Trust $700,000 None Available
The Ricky B Perez & Carolina E Perez Fam -- None Available
Perez Ricky B $150,000 Chicago Title Company
Nara Bank $139,269 Chicago Title Co
G & Ing Inc $190,000 Fatcola
Youn Pia $130,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shelbourne Towers Llc $600,000
Previous Owner G & Ing Inc $1,400,000
Previous Owner G & Ing Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $900,000 -9.9% --
10/08/2021 10/08/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $999,000 -13.1% --
07/20/2021 07/20/21 For Sale $1,150,000 +64.3% --
02/09/2018 02/09/18 Sold $700,000 -9.7% --
10/11/2017 10/11/17 Price Changed $775,000 -12.8% --
08/11/2017 08/11/17 Price Changed $888,888 +0.1% --
08/11/2017 08/11/17 Price Changed $888,000 -11.2% --
04/11/2017 04/11/17 For Sale $1,000,000 -- --
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 $11,327 $955,087 $955,087 --
2024 $11,327 $936,360 $936,360 --
2023 $11,107 $918,000 $918,000 $0
2022 $10,587 $900,000 $900,000 $0
2021 $8,742 $735,824 $735,824 $0
2019 $8,478 $714,000 $714,000 $0
2018 $6,201 $507,795 $507,795 $0
2016 $5,893 $488,078 $488,078 $0
2015 $5,805 $480,747 $480,747 $0
2014 $5,831 $471,330 $471,330 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Mahowald

    Seller's Agent in 2021

    Matt Mahowald

    Buckingham Investments, Inc

    (310) 982-7055

    1 in this area

    28 Total Sales

    Section Image

  • N

    Buyer's Agent in 2021

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    5,780 Total Sales

    Section Image

  • M

    Seller's Agent in 2018

    Monette Torrilla Whitman

    Monette Torrilla Whitman

    (323) 663-3922

    7 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21158962

California Regional Multiple Listing Service (CRMLS)

APN: 5137-019-016

California Los Angeles County Los Angeles 90015 Pico-Union

1604 W 11th St, Los Angeles, CA

This home is located at 1604 W 11th St, Los Angeles, CA 90015 since 20 July 2021 and is currently estimated at $1,025,527. 1604 W 11th St is a home located in Los Angeles County with nearby schools including Tenth Street Elementary School, John H. Liechty Middle School, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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