NOT LISTED FOR SALE

Estimated Value: $675,000 - $795,222

0.16 Acres
$4,515,417 Price per Acre
6,940 Sq Ft Lot

Sale Details

Date Sold: November 12, 2025

Last sale price $680,000 $351 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,760 / mo

38 Days on Market

Highlights

  • City Lights View
  • Property is near public transit
  • Rectangular Lot

About This Lot

As of November 2025

PRICE IMPROVEMENT! Discover the incredible potential of this R-2, just under 7,000 sq. ft CORNER LOT located in the vibrant heart of South Los Angeles. This lot provides an exceptional opportunity for developers seeking to capitalize on the high demand for housing in Los Angeles. The absence of rent control regulations makes it an attractive investment for constructing multifamily units, promising significant rental income potential. *The area is experiencing a surge of growth and development, making it a prime location for new projects and innovative housing solutions. This property is located within a short distance and close proximity to USC, BMO Stadium and Crypto Arena, SoFi Stadium and shopping centers, LA Live, Santa Monica-Expo Line, the upcoming George Lucas Museum, making it the center of all things cultural, food, arts, and entertainment.*Don't miss out on this exceptional opportunity to invest in a property that combines strategic location, excellent connectivity, and unmatched development potential. Whether you're a seasoned investor or a visionary developer, this lot is your canvas to create a thriving residential community in the heart of Los Angeles. ***Existing structure is a SFR delivered vacant

Last Agent to Sell the Property

Lisa Puerto

Devenio Estates License #01736957 Listed on: 08/19/2025

Last Buyer's Agent

Evaristo Ortiz

Coldwell Banker Leaders License #01104167

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 6,940 Sq Ft Lot
  • Lot Dimensions are 55x126
  • Rectangular Lot
  • Level Lot
  • Value in Land
  • Property is zoned LAR2

Property Views

  • City Lights Views

Location

  • Property is near public transit
  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5015-002-001

Property Details

Property Type

Land

Lot Details

6,940 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1593
  • Lot Dimensions: 55x126
  • Probate: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt, Sidewalk
  • View: City Lights
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5015-002-001
  • Lot Description: 2-4 Lots, Lot-Level/Flat, Lot Shape-Rectangular, Value In Land
  • Lot Location: Near Public Transit, City
  • Lot Size Area: 6940
  • Topography: Flat

Rental Info

  • Court Approve: No

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2025
Closed on
Oct 2, 2025
Sold by
Bought by
Seller's Agent
Lisa Puerto
Devenio Estates
Buyer's Agent
Evaristo Ortiz
Coldwell Banker Leaders
List Price
$770,000
Sold Price
$680,000
Premium/Discount to List
-$90,000
-11.69%
Views
210
Current Estimated Value
$719,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,306
Avg. Annual Appreciation
7.78%
Original Mortgage
$544,000
Interest Rate
6.34%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Vermont Square, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$680,000 Lawyers Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,576,000
Closed $544,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 Sold $680,000 -1.4% $351 / Sq Ft
09/26/2025 09/26/25 Pending -- -- --
09/13/2025 09/13/25 Price Changed $689,900 -10.4% $356 / Sq Ft
08/19/2025 08/19/25 For Sale $770,000 0.0% $397 / Sq Ft
08/10/2025 08/10/25 Pending -- -- --
07/09/2025 07/09/25 Price Changed $770,000 -3.8% $397 / Sq Ft
05/15/2025 05/15/25 Price Changed $800,000 -10.0% $413 / Sq Ft
03/07/2025 03/07/25 Price Changed $889,000 -3.5% $459 / Sq Ft
01/05/2025 01/05/25 For Sale $921,000 0.0% $475 / Sq Ft
01/03/2025 01/03/25 Price Changed $921,000 -- $475 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,582 $775,200 $540,600 $234,600
2024 $989 $50,398 $27,362 $23,036
2023 $981 $49,411 $26,826 $22,585
2022 $951 $48,443 $26,300 $22,143
2021 $927 $47,494 $25,785 $21,709
2019 $908 $46,087 $25,021 $21,066
2018 $813 $45,184 $24,531 $20,653
2016 $761 $43,431 $23,579 $19,852
2015 $753 $42,779 $23,225 $19,554
2014 $769 $41,942 $22,771 $19,171
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-465949

The MLS

APN: 5015-002-001

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