$1,177,000
SOLD JUL 30, 2019
3 Beds
3 Baths
6,500 Sq Ft
6,079 Sq Ft Lot

Recently Sold

$181 Per Sq Ft

2% Below List Price

29 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Laundry Room
  • Back Yard
  • No HOA
  • Central Air

About This Home

As of January 2022

Attention Developers and Investors!!! RTI (Ready to Issue) plans in hand now in rapidly hot and growing OPPORTUNITY ZONE area. This Development Project is a 4 Unit three-story apartment building project in a great gentrifying Mid-City LA area. This neighbourhood and street has several similar projects currently in construction and has several new apartment buildings for sale and comps that have sold. This area is continuing to get better and grow. Plans consist of 4 X 3 beds + 3.5 bath units, with 2 detached duplexes each unit is varying from 1,400 - 1800 sq ft with over 6500 total livable square footage. The estimated completed value is $2.7-$2.8 million when finished and it will be a NO RENT CONTROL building. 1828 Alsace has just closed for $1,260,000 further east. The survey and soil report have been completed so you can start demolition right away. The projected rents vary from $3700-$4100 depending on each unit size. Comps are selling for $420-$470 per foot so this is a great buy! We have several construction bids around $800,000 for the whole project. There are many options like to rent, AIRBNB, or sell the project and all at great numbers! Lots of different options and you can take advantage of the tax benefits of the opportunity zone!

Last Agent to Sell the Property

Mahvash Lalezari

Pinnacle Estate Properties, Inc. License #01053411 Listed on: 06/24/2019

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,873

Year Built

  • Built in 2019

Lot Details

  • 6,079 Sq Ft Lot
  • Back Yard
  • Property is zoned LARD1.5

Home Design

  • 6,500 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Water Not Available
  • Septic Type Unknown

Additional Features

  • Laundry Room
  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 108
  • Tax Tract Number 4796
  • Assessor Parcel Number 5063007079

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,873

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LARD1.5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5063007079
  • Year Built: 2019
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 6500.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 181.08
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: None
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Hamilton Union

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6079.00
  • Lot Size Acres: 0.1396

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6079.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 108
  • Tax Tract Number: 4796

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Dec 21, 2021
Sold by
2301 Hauser Oz Llc
Bought by
Forest Lim Properties Llc
Seller's Agent
Kevin Booker
Carolwood Estates
Buyer's Agent
Anahit Saroyan
List Price
$3,300,000
Sold Price
$3,325,000
Premium/Discount to List
$25,000
0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.70%
Original Mortgage
$2,230,000
Outstanding Balance
$2,059,683
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$1,068,512

Purchase Details

Listed on
Jun 24, 2019
Closed on
Jul 10, 2019
Sold by
Almayo126 Llc
Bought by
2301 Hauser Oz Llc
Seller's Agent
Mahvash Lalezari
Pinnacle Estate Properties, Inc.
List Price
$1,197,000
Sold Price
$1,177,000
Premium/Discount to List
-$20,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.05%

Purchase Details

Closed on
Aug 19, 2018
Sold by
Amaya Rosalio and Morales Gloria Sofia
Bought by
Almayo126 Llc and Almayo Center Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,476,000
Interest Rate
4.6%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 12, 2007
Sold by
Amaya Rosalio
Bought by
Amaya Rosalio and Morales Gloria Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2002
Sold by
Gutierrez Elisa Marina
Bought by
Gutierrez David

Purchase Details

Closed on
Oct 2, 1997
Sold by
Amaya Rosalio
Bought by
Amaya Rosalio and Morales Gloria Sofia

Purchase Details

Closed on
Jun 21, 1994
Sold by
Mortgage Mart Inc
Bought by
Amaya Rosalio and Morales Gloria Sofia
Source: Public Records

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Range of Values:

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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 $3,325,000 Equity Title
Grant Deed $3,325,000 Equity Title
Grant Deed $3,325,000 Equity Title
Grant Deed $1,177,000 North American Title Company
Grant Deed $1,177,000 North American Title Company
Grant Deed $1,177,000 North American Title Company
Grant Deed $845,000 North American Title Company
Grant Deed $845,000 North American Title Company
Grant Deed $845,000 North American Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Gift Deed -- --
Gift Deed -- --
Gift Deed -- --
Grant Deed $137,500 First American Title Company
Grant Deed $137,500 First American Title Company
Grant Deed $137,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,230,000 New Conventional
Previous Owner $1,476,000 Construction
Previous Owner $421,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $3,150,000 -3.1% $471 / Sq Ft
03/05/2025 03/05/25 For Sale $3,250,000 0.0% $486 / Sq Ft
02/24/2022 02/24/22 Rented $4,000 0.0% --
01/25/2022 01/25/22 Under Contract -- -- --
01/14/2022 01/14/22 For Rent $4,000 0.0% --
01/07/2022 01/07/22 Sold $3,325,000 +0.8% $497 / Sq Ft
01/05/2022 01/05/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $3,300,000 +180.4% $493 / Sq Ft
07/30/2019 07/30/19 Sold $1,177,000 -1.7% $181 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $1,197,000 +41.7% $184 / Sq Ft
10/30/2018 10/30/18 Sold $845,000 +5.6% $518 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
07/23/2018 07/23/18 Price Changed $799,900 +6.7% $491 / Sq Ft
07/23/2018 07/23/18 For Sale $750,000 0.0% $460 / Sq Ft
07/05/2018 07/05/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $750,000 0.0% $460 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $750,000 -- $460 / Sq Ft
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 $41,873 $3,528,515 $1,058,554 $2,469,961
2024 $41,873 $3,459,330 $1,037,799 $2,421,531
2023 $41,053 $3,391,500 $1,017,450 $2,374,050
2022 $14,512 $1,212,975 $970,381 $242,594
2021 $14,334 $1,189,192 $951,354 $237,838
2019 $10,279 $845,000 $676,000 $169,000
2018 $3,325 $259,247 $151,351 $107,896
2016 $3,169 $249,182 $145,475 $103,707
2015 $3,125 $245,440 $143,290 $102,150
2014 $3,146 $240,634 $140,484 $100,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19148883

California Regional Multiple Listing Service (CRMLS)

APN: 5063-007-079