Seller's Agent in 2020
Ron Pascual
Berkshire Hathaway HomeService
(714) 423-9500
19 Total Sales
260 S Reno St Los Angeles, CA 90057
Westlake NeighborhoodEstimated Value: $1,186,058
0.13
Acre
$8,824,836
Price per Acre
5,854
Sq Ft Lot
Highlights
- City Lights View
- Private Yard
- No HOA
- Corner Lot
About This Lot
As of July 2020Back on market. Excellent opportunity for developer to acquire prime property on a zoned R4 corner lot within highly desirable area of Los Angeles close all trending hotspots of DTLA, Mid-Wilshire, K-Town, Westlake, Echo Park, Silverlake and Hollywood. Currently lot includes grand turn of century home with over 2220 sqft. subdivided into 2 separate units with kitchen and baths for each and by utilizing TOC Transit Oriented Communities incentives developers may take advantage of increased opportunities to build multiple units for future investment. Buyers to do own due diligence regarding possibilities for development. Property sold in present "As-is" condition with no repairs or warranties.
Last Agent to Sell the Property
Berkshire Hathaway HomeService License #01148347 Listed on: 01/28/2020
Property Details
Property Type
- Land
Est. Annual Taxes
- $11,944
Lot Details
- 5,854 Sq Ft Lot
- Corner Lot
- Rectangular Lot
- Level Lot
- Private Yard
- Front Yard
- Value in Land
- Property is zoned LAR4
Additional Features
- City Lights Views
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 29
- Assessor Parcel Number 5155005012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 3, 2020
Sold by
Jose Rufina
Bought by
In Sung Service Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.1%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 25, 1998
Sold by
Chase Bank Of Texas Na
Bought by
Jose Bienvenido and Jose Rufina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.88%
Mortgage Type
Commercial
Purchase Details
Closed on
May 21, 1998
Sold by
Floyd Samuel L
Bought by
Chase Bank Of Texas National Assn and Texas Commerce Bank Na
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 |
|---|---|---|---|
| In Sung Service Llc | $900,000 | Lawyers Title | |
| Jose Bienvenido | $152,000 | Stewart Title | |
| Chase Bank Of Texas National Assn | $195,000 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | In Sung Service Llc | $495,000 | |
| Previous Owner | Jose Bienvenido | $136,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2020 07/14/20 | Sold | $900,000 | 0.0% | $404 / Sq Ft |
| 05/20/2020 05/20/20 | Pending | -- | -- | -- |
| 04/19/2020 04/19/20 | Price Changed | $900,000 | -10.0% | $404 / Sq Ft |
| 04/02/2020 04/02/20 | For Sale | $1,000,000 | 0.0% | $449 / Sq Ft |
| 02/24/2020 02/24/20 | Pending | -- | -- | -- |
| 01/28/2020 01/28/20 | For Sale | $1,000,000 | -- | $449 / Sq Ft |
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 | $11,944 | $974,187 | $389,674 | $584,513 |
| 2024 | $11,944 | $955,086 | $382,034 | $573,052 |
| 2023 | $11,720 | $936,360 | $374,544 | $561,816 |
| 2022 | $11,187 | $918,000 | $367,200 | $550,800 |
| 2021 | $11,045 | $900,000 | $360,000 | $540,000 |
| 2020 | $3,080 | $217,866 | $159,104 | $58,762 |
| 2019 | $2,973 | $213,595 | $155,985 | $57,610 |
| 2018 | $2,931 | $209,408 | $152,927 | $56,481 |
| 2016 | $2,792 | $201,279 | $146,990 | $54,289 |
| 2015 | $2,757 | $198,257 | $144,783 | $53,474 |
| 2014 | $2,776 | $194,374 | $141,947 | $52,427 |
Source: Public Records
Agents Affiliated with this Home
-
-
H
Buyer's Agent in 2020
Herald Kim
Coldwell Banker Best Realty
(714) 863-2083
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20019121
APN: 5155-005-012
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