$388,000
$24K PRICE DROP

Estimated payment $2,670/month

Total Views 9,813
0.13 Acre
$2,921,687 Price per Acre
5,783 Sq Ft Lot

Highlights

  • Ocean View
  • No HOA
  • Foothills

About This Lot

Your Dream Awaits in Mt Olympus! Don’t miss this chance to create your own oasis in the Hollywood Hills.

Welcome to an incredible opportunity within the gates of Mt Olympus! This vacant lot, nestled near Laurel Canyon, offers a unique chance to build your dream home with stunning views of Los Angeles Skyline and the Ocean. Imagine waking up to panoramic vistas and the tranquility of the canyons, all while being just minutes from the vibrant life of Sunset Blvd and West Hollywood.
This 5,781 sqft lot, zoned LAR1, is perfect for a residential single-family property. Located in the coveted Wonderland School district, this isn't just a piece of land—it's an investment in an exceptional lifestyle. Plus, with water and electricity infrastructure conveniently nearby, the construction process will be a breeze.
Call today for showings and start the journey to realizing your dream home.

Listing Agent

Ivan Londono

Smart Equity Realty Inc Brokerage Phone: 818-231-6976 License #02158486 Listed on: 07/15/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,257

Lot Details

  • 5,783 Sq Ft Lot
  • Lot Sloped Down
  • Property is zoned LAR1

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Canyon
  • Mountain
  • Hills
  • Neighborhood

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 28
  • Tax Tract Number 4202
  • Assessor Parcel Number 5551032016
  • $42 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$6,257

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LAR1
  • Property Type: Land
  • Parcel Number: 5551032016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 67.09

Exterior Features

  • View: Canyon, City Lights, Coastline, Hills, Mountain(s), Neighborhood, Ocean, Panoramic

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 5783.00
  • Lot Size Acres: 0.1328

Multi Family

  • Lot Size Area: 5783.0000 Square Feet

Tax Info

  • Tax Census Tract: 1941.02
  • Tax Lot: 28
  • Tax Tract Number: 4202
  • TaxOtherAnnualAssessmentAmount: 42.00

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

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
2024 $6,257 $217,547 $217,547 --
2023 $2,600 $213,282 $213,282 $0
2022 $2,480 $209,100 $209,100 $0
2021 $2,449 $205,000 $205,000 $0
2020 $1,885 $153,875 $153,875 $0
2019 $1,810 $150,858 $150,858 $0
2018 $1,807 $147,900 $147,900 $0
2016 $1,470 $120,100 $120,100 $0
2015 $1,448 $118,296 $118,296 $0
2014 $3,822 $115,979 $115,979 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Price Changed $388,000 -5.9% --
07/15/2024 07/15/24 For Sale $412,255 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- Accommodation
Grant Deed -- --
Trustee Deed $43,337 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $35,000 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24144892

California Regional Multiple Listing Service (CRMLS)

APN: 5551-032-016