NOT LISTED FOR SALE

Estimated Value: $3,038,000 - $3,603,048

0.32 Acres
$10,397,567 Price per Acre
13,752 Sq Ft Lot

Last Sold September 10, 2024

Last sale price $3,000,000 $7,500 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $20,302/month

88 Days on Market

About This Lot

As of September 2024

Now available RTI! Incredible opportunity to acquire an estate sized lot on one of Los Feliz's premiere streets. This prime 13,700+ Sq Ft lot awaits it's new owner to express their vision to become part of architectural history and a heritage of extraordinary homes, that have made the Los Feliz Hills legendary. Views of downtown and the Observatory.

Last Agent to Sell the Property

Terek Kelly

The Agency License #01997450 Listed on: 04/08/2024

The Agency

Last Buyer's Agent

Levon Yengibaryan

License #01887345

Property Details

Property Type

  • Land

Lot Details

  • 0.32 Acre Lot
  • Property is zoned LARE11

Property Views

  • City Views

Listing and Financial Details

  • Assessor Parcel Number 5588-003-009

Property Details

Property Type

Land

Lot Details

0.32 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.3157
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5588-003-009
  • Lot Size Area: 13751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Aug 6, 2024
Sold by
La21a Llc
Bought by
Villard Llc
Seller's Agent
Terek Kelly
The Agency
Buyer's Agent
Levon Yengibaryan
List Price
$3,250,000
Sold Price
$3,000,000
Premium/Discount to List
-$250,000
-7.69%
Views
56
Current Estimated Value
$3,282,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,512
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Mar 31, 2022
Sold by
Chen & Koven Llc
Bought by
La21a Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,250,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2013
Sold by
Baute Mark and Birchfield Gigi
Bought by
Chen & Koven Llc

Purchase Details

Closed on
Jul 27, 2006
Sold by
Baute Mark and Birchfield Gigi
Bought by
Baute Mark and Birchfield Gigi

Purchase Details

Closed on
Jul 8, 2005
Sold by
Baute & Tidus Llp
Bought by
Baute Mark

Purchase Details

Closed on
Jul 28, 2000
Sold by
Sherman Md Neil J and Neil J Sherman Md Inc Profit S
Bought by
Lamb & Baute Llp

Purchase Details

Closed on
Sep 14, 1998
Sold by
Davis Gilda M
Bought by
Neil J Sherman M D Inc Profit Sharing Pl
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Villard Llc $3,000,000 Fidelity National Title
La21a Llc $2,955,000 Equity Title
Chen & Koven Llc $2,100,021 Lawyers Title Company
Baute Mark -- None Available
Baute Mark -- --
Lamb & Baute Llp $425,000 --
Neil J Sherman M D Inc Profit Sharing Pl -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner La21a Llc $5,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2024 09/10/24 Sold $3,000,000 -7.7% $7,500 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $3,250,000 +8.3% $8,125 / Sq Ft
06/18/2024 06/18/24 Off Market $3,000,000 -- --
04/08/2024 04/08/24 For Sale $3,250,000 +8.5% $8,125 / Sq Ft
10/04/2022 10/04/22 Sold $2,995,000 -14.4% $7,488 / Sq Ft View Prior Sale
02/19/2022 02/19/22 Pending -- -- --
08/27/2021 08/27/21 For Sale $3,500,000 -- $8,750 / Sq Ft
Source: The MLS

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 $36,421 $3,000,000 $3,000,000 --
2024 $36,421 $3,014,100 $3,014,100 --
2023 $35,703 $2,955,000 $2,955,000 $0
2022 $21,125 $1,790,490 $1,732,736 $57,754
2021 $20,886 $1,755,383 $1,698,761 $56,622
2019 $20,257 $1,703,320 $1,648,376 $54,944
2018 $27,331 $2,262,473 $2,257,089 $5,384
2016 $26,083 $2,174,621 $2,169,445 $5,176
2015 $25,697 $2,141,957 $2,136,858 $5,099
2014 $25,763 $2,100,000 $2,095,000 $5,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-377693

The MLS

APN: 5588-003-009

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