NOT LISTED FOR SALE
0.3 Acre
-- Price per Acre
12,985 Sq Ft Lot

Last Sold July 06, 2020

Last sale price $1,000,000

80 Days on Market

Highlights

  • 0.3 Acre Lot
  • No HOA
  • Rectangular Lot
  • Property is near public transit

About This Lot

As of July 2020

Great Development Opportunity. 12,986 sq ft Per Seller the city will allow up to 38 units. Current owner submitted plans for approval for a 13 unit complex and will work with buyer to transfer plans and get to RTI. Interested parties can check with the city and build to suit.

It's on TOC tier 3. This is a great up and coming area 1.4 miles from USC, 1.7 miles from LA Memorial Coliseum and 3.8 miles from the Staples Center and DTLA. Don't miss this opportunity.

Last Agent to Sell the Property

Gracie Robles

24 Hour Real Estate License #01354536 Listed on: 01/18/2020

Co-Listed By

Pablo Robles

Century 21 Masters License #02045765

Last Buyer's Agent

Gracie Robles

24 Hour Real Estate License #01354536 Listed on: 01/18/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,537

Lot Details

  • 0.3 Acre Lot
  • Rectangular Lot
  • Level Lot
  • Value in Land
  • Property is zoned LAC2

Location

  • Property is near public transit

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 1
  • Assessor Parcel Number 5041005039

Property Details

Property Type

Land

Est. Annual Taxes

$13,537

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAC2
  • Property Type: Land
  • Parcel Number: 5041005039
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 77.01

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, Near Public Transit, Value In Land, Walkstreet
  • Lot Size Sq Ft: 12986.00
  • Lot Size Acres: 0.2981

Multi Family

  • Lot Size Area: 12986.0000 Square Feet

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2220.02
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2014
Sold by
Iglesia Evangelica Seguidores De Cristo
Bought by
House Of Lumber & Hardware Llc

Purchase Details

Closed on
Jul 18, 2007
Sold by
Ballard Adlay L and Lee Aaron
Bought by
Home Front Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2000
Sold by
Lee Bishop Aaron
Bought by
Lee Bishop Aaron and Bishop Aaron Lee Family Trust
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
House Of Lumber & Hardware Llc $535,005 None Available
Home Front Inc $850,000 Orange Coast Title Company
Lee Bishop Aaron -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Home Front Inc $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2020 07/06/20 Sold $1,000,000 -33.3% --
06/30/2020 06/30/20 Price Changed $1,500,000 -16.6% --
04/07/2020 04/07/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $1,799,000 -- --
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 $13,537 $1,082,430 $1,071,606 $10,824
2024 $13,537 $1,061,207 $1,050,595 $10,612
2023 $13,288 $1,040,400 $1,029,996 $10,404
2022 $12,696 $1,020,000 $1,009,800 $10,200
2021 $12,542 $1,000,000 $990,000 $10,000
2020 $7,984 $599,675 $504,401 $95,274
2019 $7,692 $587,917 $494,511 $93,406
2018 $7,493 $576,390 $484,815 $91,575
2016 $7,174 $554,010 $465,990 $88,020
2015 $7,075 $545,689 $458,991 $86,698
2014 $7,349 $553,300 $450,837 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20013474

California Regional Multiple Listing Service (CRMLS)

APN: 5041-005-039