NOT LISTED FOR SALE

1720 E 61st St Los Angeles, CA 90001

Estimated Value: $445,000 - $525,160

0.09 Acre
$5,225,244 Price per Acre
4,021 Sq Ft Lot

Last Sold May 19, 2022

Last sale price $410,000 $949 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,094/month

66 Days on Market

Highlights

  • Fenced Yard
  • Cul-De-Sac
  • Back and Front Yard
  • Linda Esperanza Marquez High School Rated A-
  • Level Lot

About This Lot

As of May 2022

***Location, Location, Location, Plans for BRAND NEW 3-STORY DUPLEX CURRENTLY APPROVED BY PLANNING DEPT*** this property is located in a prime area of LA near the metro gold line, transportation, parks, schools, freeways, shopping centers. This property is located in a private street near the end of a cul-de-sac, there has been a lot of new buildings developed in the last few years, which makes the area much more desirable surrounded by newer construction. ***Property is currently an SFR, however there are plans APPROVED BY PLANNING DEPT for a BRAND-NEW THREE-STORY DUPLEX*** This is a very attractive and lucrative project, calling all investors/developers/builders, please see renderings and supplements of future project. This is the approximate size per unit. Total 4620 Square feet. Note: Each unit square foot is as listed below: 1st floor: Unit A 201 sq. ft. - Unit B 205 sq. ft. 2nd floor: Unit A 1,155 sq. ft. - Unit B 1,155 sq. ft. 3rd floor: Unit A 1,155 sq. ft. - Unit B 1,155 sq. ft. Total square footage including parking: Unit A 2,511 sq. ft., and Unit B 2,515 sq. I will upload Approved site plans, elevations and renderings under supplements. PLANS ARE CURRENTLY BEING REVIEWED BY BUILDING AND SAFETY DEPT. we can provide copies upon request to all serious buyers. Please call me if you have any additional questions. Each Unit will consist of Unit#1- 4 bedroom & 3 bath=2511sqft Unit#2- 4 bedroom & 3 bath=2514sqft.

Last Agent to Sell the Property

Mischa Nicolas

IET Real Estate License #01458128 Listed on: 03/10/2022

Co-Listed By

Ricardo Arias

IET Real Estate License #01275626

Last Buyer's Agent

Plutarco Matus

Century 21 Jervis & Associates License #00962375

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,834

Lot Details

  • 4,021 Sq Ft Lot
  • Lot Dimensions are 30x135
  • Cul-De-Sac
  • Fenced Yard
  • Level Lot
  • Back and Front Yard
  • Value in Land
  • Property is zoned LCR4*

Location

  • City Lot

Utilities

  • Property is located within a water district
  • Private Water Source
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 6009-010-007

Property Details

Property Type

Land

Est. Annual Taxes

$5,834

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lot Acreage: 0.0923
  • Lot Dimensions: 30x135
  • Probate: No
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Public, Sidewalk, Asphalt
  • View: No

Utilities

  • Cable: No
  • Electric: On Site
  • Gas: On Site
  • Sewer: In Connected and Paid, In Street
  • Telephone: No
  • Water: Private, Water District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 6009-010-007
  • Current Geological: No
  • Lot Description: Fenced, Fenced Yard, Front Yard, Back Yard, Sidewalks, Value In Land
  • Lot Location: City, Cul-De-Sac
  • Lot Size Area: 4021
  • Site Decription: City
  • Topography: Flat
  • Units Per Acre: 0-1 Unit/Acre
  • Usable Land Percent: 100.00
  • Water Well: No

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Fenix Entrepreneur Inc
Bought by
Fierro Martin and Fierro Alejandra
Total Days on Market
66
Current Estimated Value
$482,290

Purchase Details

Listed on
Sep 9, 2019
Closed on
Sep 13, 2019
Sold by
Velazquez Mariana and Gonzales Jennie
Bought by
Pvrb Florida Holdings Llc
Seller's Agent
Ricardo Arias
IET Real Estate
Buyer's Agent
Ricardo Arias
IET Real Estate
List Price
$160,000
Sold Price
$165,000
Premium/Discount to List
$5,000
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.11%

Purchase Details

Closed on
Mar 4, 2019
Sold by
Velazquez Mariano and Estate Of Joan S Raw
Bought by
Velazquez Mariana and Gonzales Jennie

Purchase Details

Closed on
Mar 4, 2018
Sold by
Velazquez Mariana and Gonzalez Jennie
Bought by
Velazquez Mariana and Gonzales Jennie
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
Fierro Martin -- --
Pvrb Florida Holdings Llc $165,000 Wfg National Title Company
Velazquez Mariana -- Wfg Title
Velazquez Mariana -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $410,000 +2.8% $949 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
05/06/2022 05/06/22 Price Changed $399,000 -6.1% $924 / Sq Ft
03/23/2022 03/23/22 Price Changed $425,000 -15.0% $984 / Sq Ft
03/10/2022 03/10/22 For Sale $499,999 +203.0% $1,157 / Sq Ft
09/30/2019 09/30/19 Sold $165,000 +3.1% $382 / Sq Ft
09/10/2019 09/10/19 For Sale $160,000 -3.0% $370 / Sq Ft
09/10/2019 09/10/19 Off Market $165,000 -- --
09/09/2019 09/09/19 For Sale $160,000 -3.0% $370 / Sq Ft
09/09/2019 09/09/19 Off Market $165,000 -- --
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
2025 $5,834 $439,048 $364,140 $74,908
2024 $5,834 $430,440 $357,000 $73,440
2023 $5,695 $422,000 $350,000 $72,000
2022 $4,462 $329,780 $278,252 $51,528
2021 $4,415 $323,315 $272,797 $50,518
2019 $1,724 $92,563 $63,639 $28,924
2018 $645 $10,498 $8,590 $1,908
2016 $598 $10,092 $8,257 $1,835
2015 $591 $9,941 $8,133 $1,808
2014 $594 $9,747 $7,974 $1,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-131795

The MLS

APN: 6009-010-007