NOT LISTED FOR SALE

2260 W 15th St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,170,000 - $4,466,000

0.15 Acre
$18,079,477 Price per Acre
6,747 Sq Ft Lot

Last Sold November 05, 2020

Last sale price $1,030,000 $577 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $16,040/month

16 Days on Market

About This Lot

As of November 2020

No RSO! No need to Ellis! A Development Opportunity that is ready to start entitlements. This 6,747 SF R3-1 Tier 2 lot, which backs up to an alley, is located just west of Downtown Los Angeles, on the eastern edge of Koreatown and is adjacent to West Adams. The property has easy access to the Staples Center, USC, the 10 and 110 Freeways and more! WalkScore calls this area Very Walkable and Bikeable, and states that it has Good Transit! Build a spacious 4Plex for speed and ease or a 14 Unit Apartment Building and make it the envy of the area! Delivered vacant.

Last Agent to Sell the Property

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 08/26/2020

Keller Williams Beverly Hills

Co-Listed By

Almog Strikowski

Keller Williams Beverly Hills License #01986816

Last Buyer's Agent

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 08/26/2020

Keller Williams Beverly Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,425

Lot Details

  • 6,747 Sq Ft Lot
  • Lot Dimensions are 45x150
  • Property is zoned R3-1 Tier 2

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5056-006-014

Property Details

Property Type

Land

Est. Annual Taxes

$13,425

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1549
  • Lot Dimensions: 45x150
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5056-006-014
  • Lot Size Area: 6747
  • Potential Usage: 4Plex, 14+/- by TOC or 8 Units by right.
  • Present Use: SFR - delivered vacant at Close of Escrow.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2021
Sold by
Martinez Margarita Hernandez
Bought by
The Budget Acquisition Inc
Current Estimated Value
$2,800,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 6, 2021
Sold by
Budget Acquisition Inc
Bought by
Martinez Margarita Hernandez

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 13, 2020
Sold by
Cha Don D and Cha Jongnim K
Bought by
The Budget Acquisition Inc
Seller's Agent
Dario Svidler
Keller Williams Beverly Hills
Buyer's Agent
Dario Svidler
Keller Williams Beverly Hills
List Price
$1,150,000
Sold Price
$1,030,000
Premium/Discount to List
-$120,000
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.90%
Original Mortgage
$700,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 3, 2011
Sold by
Cha Don D and Cha Jongnim K
Bought by
Cha Don D and Cha Jongnim K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,665
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2007
Sold by
Fueston Vernon and Estate Of Harriet B Hansen
Bought by
Cha Don D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
The Budget Acquisition Inc -- First American Title
Martinez Margarita Hernandez -- Accommodation
The Budget Acquisition Inc $1,030,000 Chicago Title Company
Cha Don D -- None Available
Cha Don D $490,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budget Acquisition Inc $2,887,600
Closed The Budget Acquisition Inc $800,000
Previous Owner The Budget Acquisition Inc $700,000
Previous Owner Cha Don D $360,665
Previous Owner Cha Don D $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $1,030,000 -10.4% $577 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $1,150,000 -- $644 / 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 $13,425 $1,114,902 $891,922 $222,980
2024 $13,425 $1,093,042 $874,434 $218,608
2023 $13,168 $1,071,611 $857,289 $214,322
2022 $12,559 $1,050,600 $840,480 $210,120
2021 $12,402 $1,030,000 $824,000 $206,000
2020 $7,358 $588,502 $468,403 $120,099
2019 $7,070 $576,964 $459,219 $117,745
2018 $7,004 $565,652 $450,215 $115,437
2016 $6,692 $543,689 $432,734 $110,955
2015 $6,596 $535,523 $426,234 $109,289
2014 $5,503 $433,000 $344,700 $88,300
Source: Public Records

Agents Affiliated with this Home

  • Dario Svidler

    Seller's Agent in 2020

    Dario Svidler

    Keller Williams Beverly Hills

    (424) 600-7633

    2 in this area

    55 Total Sales

    Dario Svidler
    Section Image
  • Almog Strikowski

    Seller Co-Listing Agent in 2020

    Almog Strikowski

    Keller Williams Beverly Hills

    (310) 272-8002

    2 in this area

    11 Total Sales

    Almog Strikowski
    Section Image
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Map

Source: The MLS

MLS Number: 20-623906

The MLS

APN: 5056-006-014

California Los Angeles County Los Angeles 90006 Pico-Union

2260 W 15th St, Los Angeles, CA

This home is located at 2260 W 15th St, Los Angeles, CA 90006 since 26 August 2020 and is currently estimated at $2,800,511, approximately $1,568 per square foot. 2260 W 15th St is a home located in Los Angeles County with nearby schools including Magnolia Avenue Elementary School, Berendo Middle, and West Adams Preparatory High School.

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