NOT LISTED FOR SALE

213 S Soto St Los Angeles, CA 90033

Estimated Value: $937,000 - $1,302,000

0.19 Acre
$6,096,518 Price per Acre
8,195 Sq Ft Lot

Last Sold June 14, 2024

Last sale price $1,260,000 $487 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,002/month

31 Days on Market

Highlights

  • Views of Trees
  • Felicitas and Gonzalo Mendez High Rated A-
  • 4-minute walk to Soto

About This Lot

As of June 2024

Massive Development Opportunity. At this time one could build up to 20 market-rate units on this property, and by mid to late 2025 under the new "Boyle Heights Community Plan" and by utilizing the "Community Benefit Program" one could construct up to 36 units, encompassing 32 market-rate units and 4 low-income units. According to ZIMAS the property is not subject to HPOZ.

Last Agent to Sell the Property

Richard Wilkinson

Compass License #01812487 Listed on: 04/16/2024

Compass

Last Buyer's Agent

Rob Luecke

ShopProp Inc License #01881220

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,715

Lot Details

  • 8,195 Sq Ft Lot
  • Lot Dimensions are 55x149
  • Property is zoned LARD1.5

Additional Features

  • Views of Trees
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 5183-010-004

Property Details

Property Type

Land

Est. Annual Taxes

$10,715

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1881
  • Lot Dimensions: 55x149
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Tree Top
  • View: Yes

Utilities

  • Cable: No
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5183-010-004
  • Lot Size Area: 8195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jun 7, 2024
Sold by
Spiegelman Eric and Raphael Rina
Bought by
Blake Robert Leland and Strickland Megan
Seller's Agent
Richard Wilkinson
Compass
Buyer's Agent
Rob Luecke
ShopProp Inc
List Price
$1,299,000
Sold Price
$1,260,000
Premium/Discount to List
-$39,000
-3%
Views
14
Current Estimated Value
$1,146,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,245
Avg. Annual Appreciation
-2.27%
Original Mortgage
$945,000
Outstanding Balance
$935,003
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$289,103

Purchase Details

Listed on
Sep 13, 2016
Closed on
Sep 27, 2016
Sold by
Smith Larry T
Bought by
Spiegelman Eric and Raphael Rina
Seller's Agent
James Martin
Coldwell Banker Realty
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$562,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2010
Sold by
Perez Beatrice and Perez Beatrice Otila
Bought by
Smith Larry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 1994
Sold by
Marrujo Santos
Bought by
Perez Beatrize O
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
Blake Robert Leland $1,260,000 Chicago Title Company
Spiegelman Eric $750,000 Equity Title Los Angeles
Smith Larry T $370,000 California Title Company
Perez Beatrize O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blake Robert Leland $945,000
Previous Owner Spiegelman Eric $562,500
Previous Owner Smith Larry T $341,900
Previous Owner Smith Larry T $355,005
Previous Owner Smith Larry T $363,298
Previous Owner Perez Beatrice $25,000
Previous Owner Perez Beatrice $50,000
Previous Owner Perez Beatrice Otila $200,000
Previous Owner Perez Beatrice Otila $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $1,260,000 0.0% $487 / Sq Ft
06/14/2024 06/14/24 Sold $1,260,000 -3.0% $487 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
04/24/2024 04/24/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $1,299,000 0.0% $502 / Sq Ft
04/09/2024 04/09/24 For Sale $1,299,000 +73.2% $502 / Sq Ft
10/27/2016 10/27/16 Sold $750,000 0.0% $290 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $750,000 -- $290 / Sq Ft
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
2025 $10,715 $1,285,200 $1,168,410 $116,790
2024 $10,715 $853,367 $512,020 $341,347
2023 $10,512 $836,635 $501,981 $334,654
2022 $10,030 $820,232 $492,139 $328,093
2021 $9,901 $804,150 $482,490 $321,660
2019 $9,609 $780,300 $468,180 $312,120
2018 $9,536 $765,000 $459,000 $306,000
2016 $5,423 $433,156 $166,830 $266,326
2015 $5,346 $426,651 $164,325 $262,326
2014 $5,369 $418,295 $161,107 $257,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-380943

The MLS

APN: 5183-010-004