$680,000
SOLD SEP 11, 2020

1848 Micheltorena St Los Angeles, CA 90026

0.17 Acre
$3,953,488 Price per Acre
7,493 Sq Ft Lot

Recently Sold

3% Below List Price

16 Days on Market

About This Lot

As of August 2023

Possible the last vacant land lot left on one of the best street: Micheltorena street, North of Sunset in Silver Lake. This is just a raw land lot, with DTLA view, buyer do all investigations on build your dream home in prestigious Moreno Highlands, a dynamic, prosperous area in prime Silver Lake: close to Sunset Junction, restaurants and night life yet far away for peace and quiet. Tree lined, down slop lot surrounding by Multimillion dollar homes and great neighborhood.

Last Agent to Sell the Property

Timothy Xu

Compass License #01703821 Listed on: 08/10/2020

Compass

Last Buyer's Agent

Alan Lu

License #01514595

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,425

Lot Details

  • 7,493 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • City Lights Views

Listing and Financial Details

  • Assessor Parcel Number 5431-025-016

Property Details

Property Type

Land

Est. Annual Taxes

$8,425

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1720
  • Number Of Photos: 6
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, City Lights
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5431-025-016
  • Lot Size Area: 7493

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
$783,493

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%
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Grant Deed $2,863,636 Chicago Title Company
Deed -- --
Grant Deed $680,000 Orange Coast Title Company
Interfamily Deed Transfer -- Orange Coast Title Company
Grant Deed $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: 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
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

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Map

Source: The MLS

MLS Number: 20-616318

The MLS

APN: 5431-025-016