2623 Merced St Los Angeles, CA 90065
Cypress Park Neighborhood
2
Beds
1
Bath
768
Sq Ft
4,003
Sq Ft Lot
Highlights
- City Lights View
- No HOA
- Front Yard
- Abraham Lincoln High School Rated A
- Living Room
- 1-minute walk to Cypress Park
About This Home
As of May 2017Lots of potential!!! Cypress Park Investment. 2 bedroom 1 bath
Investor Deal! Fix and Flip! Probate sale, sold as is.
This property will not qualify for financing
Last Agent to Sell the Property
Your Home Team Real Estate License #01128308 Listed on: 12/02/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,384
Year Built
- Built in 1922
Lot Details
- 4,003 Sq Ft Lot
- Front Yard
- Property is zoned LAR1
Parking
- 10 Parking Spaces
Property Views
- City Lights
- Hills
- Neighborhood
Home Design
- Major Repairs Completed
- Fixer Upper
Interior Spaces
- 768 Sq Ft Home
- Living Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 69
- Tax Tract Number 90065
- Assessor Parcel Number 5453007019
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 7, 2020
Sold by
Otwell Christopher Aaron and Kackovic Michele Anne
Bought by
Otwell Christopher Aaron and Kackovic Michele Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$431,822
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$389,930
Purchase Details
Listed on
Mar 2, 2017
Closed on
Apr 17, 2017
Sold by
Centurion Capital Llc
Bought by
Otwell Christopher Aaron and Kackovic Michele Anne
Seller's Agent
Luis Avalos Corleto
West Shores Realty, Inc.
Buyer's Agent
Joshua Ritnimit
Redfin Corporation
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$498,750
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Listed on
Dec 2, 2016
Closed on
Dec 15, 2016
Sold by
Lopez Jesse
Bought by
Centurion Capital Llc
Seller's Agent
Alvin Mullins
Your Home Team Real Estate
Buyer's Agent
Alvin Mullins
Your Home Team Real Estate
List Price
$384,900
Sold Price
$370,000
Premium/Discount to List
-$14,900
-3.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.75%
Original Mortgage
$370,000
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 1996
Sold by
Lopez Jesse V
Bought by
Lopez Jesse
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500
Interest Rate
7%
Similar Homes in Los Angeles, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Grant Deed | $525,000 | Chicago Title Company | |
| Grant Deed | $370,000 | Fidelity National Title | |
| Interfamily Deed Transfer | $75,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $487,500 | New Conventional | |
| Closed | $498,750 | New Conventional | |
| Previous Owner | $370,000 | Purchase Money Mortgage | |
| Previous Owner | $11,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $899,999 | +71.4% | $979 / Sq Ft |
| 05/12/2017 05/12/17 | Sold | $525,000 | +1.0% | $668 / Sq Ft |
| 04/14/2017 04/14/17 | Pending | -- | -- | -- |
| 04/08/2017 04/08/17 | Price Changed | $519,900 | -3.7% | $661 / Sq Ft |
| 03/02/2017 03/02/17 | For Sale | $539,900 | +45.9% | $687 / Sq Ft |
| 01/06/2017 01/06/17 | Sold | $370,000 | -3.9% | $482 / Sq Ft |
| 12/12/2016 12/12/16 | Pending | -- | -- | -- |
| 12/02/2016 12/02/16 | For Sale | $384,900 | -- | $501 / 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 |
|---|---|---|---|---|
| 2024 | $7,384 | $597,355 | $477,886 | $119,469 |
| 2023 | $7,240 | $585,643 | $468,516 | $117,127 |
| 2022 | $6,899 | $574,161 | $459,330 | $114,831 |
| 2021 | $6,815 | $562,904 | $450,324 | $112,580 |
| 2019 | $6,609 | $546,210 | $436,968 | $109,242 |
| 2018 | $6,559 | $535,500 | $428,400 | $107,100 |
| 2016 | $1,308 | $105,230 | $84,190 | $21,040 |
| 2015 | $1,289 | $103,650 | $82,926 | $20,724 |
| 2014 | $1,300 | $101,621 | $81,302 | $20,319 |
Source: Public Records
Agents Affiliated with this Home
-
Renwick Scott II
R
Seller's Agent in 2025
Renwick Scott II
Compass
(310) 230-5478
-
Luis Avalos Corleto
L
Seller's Agent in 2017
Luis Avalos Corleto
West Shores Realty, Inc.
(424) 371-1700
24 Total Sales
-
Alvin Mullins
Seller's Agent in 2017
Alvin Mullins
Your Home Team Real Estate
(714) 309-6287
264 Total Sales
-
Mark Jensen
Seller Co-Listing Agent in 2017
Mark Jensen
eXp Realty of Greater L.A
(562) 208-7500
18 Total Sales
-
J
Buyer's Agent in 2017
Joshua Ritnimit
Redfin Corporation
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS16757129
APN: 5453-007-019
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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