$670,000
SOLD SEP 21, 2024
2 Beds
2 Baths
1,064 Sq Ft
8,722 Sq Ft Lot

Recently Sold

$630 Per Sq Ft

12% Above List Price

1 Day on Market

Highlights

  • Panoramic View
  • Main Floor Bedroom
  • Living Room
  • Abraham Lincoln High School Rated A
  • No HOA
  • Auto Driveway Gate

About This Home

As of September 2024

ATTENTION BUILDERS & DEVELOPERS! Incredible opportunity to buy and develop in prime location with AMAZING VIEWS!!! Property is a teardown and or heavy fixer with a huge upside opportunity. Major remodels and new construction in the area. Bring your contractor and make your dream investment or your forever home. Property is sold “as-is” condition. No contingencies. No repairs, no termite or retrofitting. Probate property sold with court confirmation overbid.

This is the court ADDRESS, DATE and OVERBID FORMULA.

Superior Court of California, County of Los Angeles
111 N Hill Street
Los Angeles, Ca 90012

Date:8/5/2024
Dept.: 67
Time: 8:30 A.M.

First overbid at court needs to be at $704,000. Winning bid has to put down 10%. Cashiers Check at court to open escrow.

NO ARBITRATION OR LIQUIDATED DAMAGES CLAUSE INITIALS. The probate court will determine damages if winning bid backsout.

Last Agent to Sell the Property

Rafael Calderon

ROCKCAL REAL ESTATE Brokerage Phone: 323-842-0403 License #01406237 Listed on: 06/18/2024

Last Buyer's Agent

Rafael Calderon

ROCKCAL REAL ESTATE Brokerage Phone: 323-842-0403 License #01406237 Listed on: 06/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,514

Year Built

  • Built in 1951

Lot Details

  • 8,722 Sq Ft Lot
  • Tear Down
  • Property is zoned LAR1

Parking

  • 1 Car Garage
  • Parking Available
  • Auto Driveway Gate

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Panoramic Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Urban Location
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 370
  • Tax Tract Number 3867
  • Assessor Parcel Number 5455006027
  • $247 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,514

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5455006027
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1064.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 629.70
  • Room Type: Living Room, Main Floor Bedroom, Main Floor Primary Bedroom

Exterior Features

  • View: Panoramic
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Tear Down
  • Lot Size Sq Ft: 8722.00
  • Lot Size Acres: 0.2002

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8722.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1852.03
  • Tax Lot: 370
  • Tax Tract Number: 3867
  • TaxOtherAnnualAssessmentAmount: 247.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Sep 6, 2024
Sold by
Kim Hwa Hyon
Bought by
Kim Moses Chee
Seller's Agent
Rafael Calderon
ROCKCAL REAL ESTATE
Buyer's Agent
Rafael Calderon
ROCKCAL REAL ESTATE
List Price
$600,000
Sold Price
$670,000
Premium/Discount to List
$70,000
11.67%
Views
125
Current Estimated Value
$704,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,830
Avg. Annual Appreciation
1.61%

Purchase Details

Listed on
Jun 18, 2024
Closed on
Aug 6, 2024
Sold by
Lane Ranee Marguerite and Marais Timothy
Bought by
Kim Moses Chee
Seller's Agent
Rafael Calderon
ROCKCAL REAL ESTATE
Buyer's Agent
Rafael Calderon
ROCKCAL REAL ESTATE
List Price
$600,000
Sold Price
$670,000
Premium/Discount to List
$70,000
11.67%
Views
125
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Lawyers Title
Grant Deed $670,000 Lawyers Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2024 09/21/24 Sold $670,000 +11.7% $630 / Sq Ft
06/18/2024 06/18/24 For Sale $600,000 -- $564 / Sq Ft
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 $5,514 $670,000 $600,000 $70,000
2024 $5,514 $439,066 $299,682 $139,384
2023 $5,410 $430,457 $293,806 $136,651
2022 $1,479 $113,199 $97,603 $15,596
2021 $1,455 $110,981 $95,690 $15,291
2019 $1,413 $107,691 $92,852 $14,839
2018 $1,348 $105,581 $91,032 $14,549
2016 $1,276 $101,484 $87,499 $13,985
2015 $1,258 $99,960 $86,185 $13,775
2014 $1,271 $98,003 $84,497 $13,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB24124176

California Regional Multiple Listing Service (CRMLS)

APN: 5455-006-027