Seller's Agent in 2019
Matt Waxman
Ossia Real Estate
(310) 896-8921
22 Total Sales
1900 Modjeska St Los Angeles, CA 90039
Echo Park NeighborhoodEstimated Value: $388,000 - $446,247
0.73
Acre
$567,825
Price per Acre
31,999
Sq Ft Lot
Highlights
- City Lights View
- 0.73 Acre Lot
- No HOA
- John Marshall Senior High Rated A
- Corner Lot
- Mountainous Community
About This Lot
As of August 2019ATTENTION BUILDERS Or DEVELOPERS !!!!!
Rare opportunity to develop six view homes in the highly sought after area of Silver Lake/Echo Park. These hillside lots have up slope topography and offer panoramic views of San Gabriel Mountains, City and neighboring Hills. The central location provides quick and easy access to 5 and 2 freeways, coffee shops on Echo Park Ave plus all the action on Sunset Blvd. The LA River, Silver Lake Reservoir, Downtown LA, Dodger Stadium and Elysian Park with its miles of hiking trails -Fantastic night city light panoramic views -A 10 minute commute to downtown Los Angeles -Quiet and peaceful rural residential area -Silver Lake / Echo Park area of LA "above it all"
Purchase price includes all six APN's 5443-030-027, 5443-030-028, 5443-030-029, 5443-030-030, 5443-030-031, 5443-030-032
Last Agent to Sell the Property
Ossia Real Estate License #01290178 Listed on: 08/08/2018
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,235
Lot Details
- 0.73 Acre Lot
- Corner Lot
- 5443-030-028,5443-030-029,5443-303-030,5443-030-031,5444-030-032
- Property is zoned R1
Property Views
- City Lights
- Mountain
Community Details
- No Home Owners Association
- Mountainous Community
Listing and Financial Details
- Assessor Parcel Number 5443030027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2018
Closed on
Aug 23, 2019
Sold by
Kwong Bin Lee
Bought by
Kwong Ka Kui
Seller's Agent
Matt Waxman
Ossia Real Estate
Buyer's Agent
Nancy Kwong
K.K. Kwong & Associates Inc.
List Price
$599,500
Sold Price
$325,000
Premium/Discount to List
-$274,500
-45.79%
Total Days on Market
373
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
$92,124
Avg. Annual Appreciation
4.62%
Purchase Details
Listed on
Aug 8, 2018
Closed on
Aug 14, 2019
Sold by
Helvey Harlan
Bought by
Kwong Ka Kui
Seller's Agent
Matt Waxman
Ossia Real Estate
Buyer's Agent
Nancy Kwong
K.K. Kwong & Associates Inc.
List Price
$599,500
Sold Price
$325,000
Premium/Discount to List
-$274,500
-45.79%
Purchase Details
Listed on
Aug 8, 2018
Closed on
Aug 5, 2019
Sold by
Kwong Bin Lee
Bought by
Kwong Ka Kui
Seller's Agent
Matt Waxman
Ossia Real Estate
Buyer's Agent
Nancy Kwong
K.K. Kwong & Associates Inc.
List Price
$599,500
Sold Price
$325,000
Premium/Discount to List
-$274,500
-45.79%
Purchase Details
Closed on
Jul 26, 2018
Sold by
Paul Walsh Development Llc
Bought by
Helvey Harlan
Purchase Details
Closed on
Jul 12, 2016
Sold by
Helvey Harlan
Bought by
Paul Walsh Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.54%
Mortgage Type
Seller Take Back
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 |
|---|---|---|---|
| Kwong Ka Kui | -- | Lawyers Title Corporation | |
| Kwong Ka Kui | $325,000 | Lawyers Title Corporation | |
| Kwong Ka Kui | -- | Lawyers Title | |
| Helvey Harlan | $633,372 | Accommodation | |
| Paul Walsh Development Llc | $650,000 | Old Republic |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Paul Walsh Development Llc | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2019 08/23/19 | Sold | $325,000 | -34.9% | -- |
| 08/16/2019 08/16/19 | Pending | -- | -- | -- |
| 06/27/2019 06/27/19 | Price Changed | $499,500 | -16.7% | -- |
| 05/29/2019 05/29/19 | Price Changed | $599,500 | 0.0% | -- |
| 05/29/2019 05/29/19 | For Sale | $599,500 | +84.5% | -- |
| 04/21/2019 04/21/19 | Off Market | $325,000 | -- | -- |
| 01/10/2019 01/10/19 | Price Changed | $699,900 | +16.7% | -- |
| 01/08/2019 01/08/19 | Price Changed | $599,900 | -14.3% | -- |
| 08/08/2018 08/08/18 | For Sale | $699,900 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $1,235 | $102,800 | $102,800 | -- |
| 2024 | $1,235 | $100,785 | $100,785 | -- |
| 2023 | $1,211 | $98,809 | $98,809 | $0 |
| 2022 | $1,150 | $96,872 | $96,872 | $0 |
| 2021 | $1,138 | $94,973 | $94,973 | $0 |
| 2020 | $1,148 | $94,000 | $94,000 | $0 |
| 2019 | $2,368 | $200,000 | $200,000 | $0 |
| 2018 | $1,607 | $132,600 | $132,600 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Waxman
-
Nancy Kwong
N
Buyer's Agent in 2019
Nancy Kwong
K.K. Kwong & Associates Inc.
(626) 242-4690
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB18191286
APN: 5443-030-027
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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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