NOT LISTED FOR SALE

1675 E 95th Place Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $224,939 - $295,000

0.05 Acre
$4,841,644 Price per Acre
2,250 Sq Ft Lot

Last Sold May 01, 2024

Last sale price $225,000

Est. 11% increase in value since last sale

Current estimated payment $1,327/month

4 Days on Market

About This Lot

As of May 2024

Residential Development Opportunity in Los Angeles - exceptional opportunity for developers and investors alike in the heart of Los Angeles. This vacant land parcel spans 2250 square feet of flat terrain, presenting a blank canvas for your next residential project. Situated in the City of Angels, this property is in the coveted location within the Opportunity Zone, offering potential tax incentives for savvy investors and is within close proximity to major transit stops and high-quality transit corridors, providing convenient access to urban amenities and transportation networks. Per assessor records, it is zoned LAR2, presenting a myriad of possibilities for residential development capitalizing on the demand for housing in this vibrant urban landscape. Offering street frontage, this lot offers ease of access for construction vehicles and potential residents alike.

Last Agent to Sell the Property

IRENE LOPEZ

HomeLife Platinum Realty Brokerage Phone: 626-705-5547 License #01126918 Listed on: 04/05/2024

Last Buyer's Agent

Carmen Caudillo

Circle Real Estate License #01888333

Circle Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 2,250 Sq Ft Lot
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 6048023004
  • $60 per year additional tax assessments

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Road Frontage Type: City Street
  • View: No
  • Zoning: LAR2
  • Property Type: Land
  • Parcel Number: 6048023004
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 100.00

Exterior Features

  • Fencing: Wrought Iron

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2250.00
  • Lot Size Acres: 0.0517

Multi Family

  • Lot Size Area: 2250.0000 Square Feet

Tax Info

  • Tax Census Tract: 2423.00
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 60.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Apr 25, 2024
Sold by
Decasas Heraclio
Bought by
Zelaya Roberto Carlos Posad and Zelaya Henry Posada
Seller's Agent
IRENE LOPEZ
HomeLife Platinum Realty
Buyer's Agent
Carmen Caudillo
Circle Real Estate
List Price
$189,000
Sold Price
$225,000
Premium/Discount to List
$36,000
19.05%
Views
95
Current Estimated Value
$250,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,313
Avg. Annual Appreciation
6.47%
Original Mortgage
$112,500
Interest Rate
6.87%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Zelaya Roberto Carlos Posad $225,000 Wfg National Title
Decasas Heraclio -- Wfg National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zelaya Roberto Carlos Posad $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2024 05/01/24 Sold $225,000 +19.0% --
04/09/2024 04/09/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $189,000 -- --
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 $211 $229,500 $229,500 --
2024 $211 $12,551 $12,551 --
2023 $208 $12,305 $12,305 $0
2022 $197 $12,064 $12,064 $0
2021 $195 $11,828 $11,828 $0
2020 $195 $11,707 $11,707 $0
2019 $189 $11,478 $11,478 $0
2018 $184 $11,253 $11,253 $0
2016 $175 $10,817 $10,817 $0
2015 $173 $10,655 $10,655 $0
2014 $173 $10,447 $10,447 $0
Source: Public Records

Agents Affiliated with this Home

  • IRENE LOPEZ

    Seller's Agent in 2024

    IRENE LOPEZ

    HomeLife Platinum Realty

    (626) 705-5547

    1 in this area

    30 Total Sales

    IRENE LOPEZ
    Section Image
  • Carmen Caudillo

    Buyer's Agent in 2024

    Carmen Caudillo

    Circle Real Estate

    (562) 326-2816

    1 in this area

    42 Total Sales

    Carmen Caudillo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24067018

California Regional Multiple Listing Service (CRMLS)

APN: 6048-023-004

California Los Angeles County Los Angeles 90002 Watts

1675 E 95th Place, Los Angeles, CA

Not Listed for Sale

Lots

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