Seller's Agent in 2023
Alan Lu
ALTC Realty
(626) 378-8007
3 in this area
21 Total Sales
1848 Micheltorena St Los Angeles, CA 90026
Estimated Value: $709,479 - $844,000
0.17
Acre
$4,555,192
Price per Acre
7,493
Sq Ft Lot
Highlights
- City Lights View
- John Marshall Senior High Rated A
- No HOA
About This Lot
As of August 2023One of the few vacant buildable lots in the Moreno Highlands area of Silverlake north of Sunset is now available to purchase for the visionary developer, builder, or entrepreneur looking to build their dream home. Situated up Micheltorena, a tree lined street already blessed with iconic architecture such as the Lautner Silvertop house and the Canfield-Moreno Estate, this lot offers full 180 degree panoramic views of the Silverlake reservoir on one side and the DTLA skyline on the other. The down slope lot offers potential for an infinity style pool as well as a large finished basement below the main structure if desired. With homes on both sides, utilities are readily available to connect, and no protected trees are located near or within the area a home would potentially be built on the sizable lot. Seller has submitted preliminary drawings, and can provide due diligence items such as surveys, slope band analysis, soils reports, and plans to qualified buyers. Do not miss this opportunity to build an iconic project in one of the most desirable areas of Los Angeles!
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,425
Lot Details
- 7,493 Sq Ft Lot
- Lot Sloped Down
- Density is up to 1 Unit/Acre
- Property is zoned LAR1
Property Views
- City Lights
- Reservoir
Location
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 5431025016
- $23 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2022
Closed on
Jul 31, 2023
Sold by
Byun Family Trust
Bought by
Maung Sl Ca Re Holdings Llc
Seller's Agent
Alan Lu
ALTC Realty
Buyer's Agent
Abby Trimborn
Ameriway Realty
List Price
$928,000
Sold Price
$700,000
Premium/Discount to List
-$228,000
-24.57%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,493
Avg. Annual Appreciation
3.38%
Purchase Details
Closed on
Oct 13, 2022
Sold by
Byun Judie
Bought by
Byun Family Trust
Purchase Details
Listed on
Aug 10, 2020
Closed on
Sep 9, 2020
Sold by
Winright Investments Llc
Bought by
Byun Judie
Seller's Agent
Timothy Xu
Compass
Buyer's Agent
Alan Lu
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.95%
Purchase Details
Listed on
May 8, 2012
Closed on
Jun 20, 2012
Sold by
Brooks Tomoko
Bought by
Winright Investments Llc
Seller's Agent
Richard Yohon
Sotheby's International Realty
Buyer's Agent
Gina Labellarti
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maung Sl Ca Re Holdings Llc | $2,863,636 | Chicago Title Company | |
| Byun Family Trust | -- | -- | |
| Byun Judie | $680,000 | Orange Coast Title Company | |
| Byun Judie | -- | Orange Coast Title Company | |
| Winright Investments Llc | $280,000 | Equity Title |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2023 08/08/23 | Sold | $700,000 | -12.5% | -- |
| 07/29/2023 07/29/23 | Pending | -- | -- | -- |
| 02/15/2023 02/15/23 | Price Changed | $800,000 | -3.0% | -- |
| 12/05/2022 12/05/22 | Price Changed | $825,000 | -2.9% | -- |
| 11/02/2022 11/02/22 | Price Changed | $850,000 | -3.4% | -- |
| 10/14/2022 10/14/22 | Price Changed | $880,000 | -5.2% | -- |
| 09/02/2022 09/02/22 | For Sale | $928,000 | +36.5% | -- |
| 09/11/2020 09/11/20 | Sold | $680,000 | -2.7% | -- |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- |
| 08/21/2020 08/21/20 | For Sale | $699,000 | 0.0% | -- |
| 08/13/2020 08/13/20 | Pending | -- | -- | -- |
| 08/10/2020 08/10/20 | For Sale | $699,000 | +149.6% | -- |
| 06/26/2012 06/26/12 | Sold | $280,000 | -6.4% | -- |
| 05/29/2012 05/29/12 | Pending | -- | -- | -- |
| 05/08/2012 05/08/12 | For Sale | $299,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,425 | $700,000 | $700,000 | -- |
| 2023 | $8,513 | $707,472 | $707,472 | $0 |
| 2022 | $8,107 | $693,600 | $693,600 | $0 |
| 2021 | $8,014 | $680,000 | $680,000 | $0 |
| 2020 | $3,880 | $321,577 | $321,577 | $0 |
| 2019 | $3,723 | $315,272 | $315,272 | $0 |
| 2018 | $3,720 | $309,091 | $309,091 | $0 |
| 2016 | $3,560 | $297,090 | $297,090 | $0 |
| 2015 | $3,506 | $292,628 | $292,628 | $0 |
| 2014 | $3,518 | $286,896 | $286,896 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alan Lu
-
Abby Trimborn
Buyer's Agent in 2023
Abby Trimborn
Ameriway Realty
(215) 499-0887
1 in this area
94 Total Sales
-
Timothy Xu
Seller's Agent in 2020
Timothy Xu
Compass
(310) 227-1001
5 in this area
84 Total Sales
-
Richard Yohon
Seller's Agent in 2012
Richard Yohon
Sotheby's International Realty
(323) 671-2356
3 in this area
62 Total Sales
-
G
Buyer's Agent in 2012
Gina Labellarti
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22193683
APN: 5431-025-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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