NOT LISTED FOR SALE

Estimated Value: $145,775 - $1,231,000

0.13 Acre
$3,963,523 Price per Acre
5,921 Sq Ft Lot

Last Sold March 25, 2015

Last sale price $78,000

Est. 561% increase in value since last sale

Current estimated payment $2,816/month

24 Days on Market

About This Lot

As of March 2015

Attention Investors and Developers! For sale is this vacant piece of land with the potential to build a modern dream home with expansive, unobstructed city-to-ocean views high above the Sunset Strip. Easily accessible from Sunset Blvd. or from Laurel Canyon Blvd., this property is centrally located among multimillion dollar homes, towering over West Hollywood landmarks like the Chateau Marmont, as well as the glittering and bustling nightlife of the urban metropolis below. Capture the truly amazing views with a home here, providing a panoramic vista of the Los Angeles basin, from Downtown L.A. all the way to the Pacific Ocean and everything in between. Buyer to verify all information and do their own due diligence regarding feasibility of building on this property and rely on their own findings.

Last Agent to Sell the Property

James Pelayo

Keller Williams Hollywood Hills License #01440670 Listed on: 01/05/2015

Keller Williams Hollywood Hills

Last Buyer's Agent

James Pelayo

Keller Williams Hollywood Hills License #01440670 Listed on: 01/05/2015

Keller Williams Hollywood Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,119

Lot Details

  • 5,921 Sq Ft Lot
  • Lot Sloped Down

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5556-022-007

Property Details

Property Type

Land

Est. Annual Taxes

$1,119

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, City Lights, Hills, Mountains, Ocean, Panoramic
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5556-022-007
  • Geocode Override: No
  • Lot Size Area: 5921
  • Site Decription: Hillside
  • Topography: Downhill

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Jan 30, 2015
Sold by
Trevor Elizabeth
Bought by
Black Panda Llc
Seller's Agent
James Pelayo
Keller Williams Hollywood Hills
Buyer's Agent
James Pelayo
Keller Williams Hollywood Hills
List Price
$123,000
Sold Price
$78,000
Premium/Discount to List
-$45,000
-36.59%
Current Estimated Value
$515,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,258
Avg. Annual Appreciation
19.52%

Purchase Details

Closed on
Mar 13, 2009
Sold by
University Of Southern California
Bought by
Trevor Elizabeth

Purchase Details

Closed on
Nov 8, 2001
Sold by
Schelcher George J and Tannehill Karen
Bought by
University Of Southern California
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
Black Panda Llc $78,000 Fidelity National Title
Trevor Elizabeth $8,660 None Available
University Of Southern California -- Stewart Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2015 03/25/15 Sold $78,000 -36.6% --
01/29/2015 01/29/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $123,000 -- --
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 $1,119 $93,738 $93,738 --
2024 $1,119 $91,900 $91,900 --
2023 $1,101 $90,099 $90,099 $0
2022 $1,050 $88,333 $88,333 $0
2021 $1,036 $86,601 $86,601 $0
2019 $1,004 $84,034 $84,034 $0
2018 $1,004 $82,387 $82,387 $0
2016 $963 $79,189 $79,189 $0
2015 $133 $9,639 $9,639 $0
2014 -- $9,451 $9,451 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-819121

The MLS

APN: 5556-022-007