2697 Merced St Los Angeles, CA 90065
Cypress Park Neighborhood
2
Beds
1
Bath
1,416
Sq Ft
4,125
Sq Ft Lot
Highlights
- Property is near public transit
- Corner Lot
- 1-Story Property
- Abraham Lincoln High School Rated A
- No HOA
- 3-minute walk to Cypress Park
About This Home
As of November 2024**Prime Location, Endless Potential!**
Located at 2697 Merced St, this corner lot gem is a must-see! This 1,416 sq ft house sits on a 4,123 sq ft lot and features 2 bedrooms and 1 bathroom. The finished attic serves as a spacious game room, offering plenty of possibilities. Whether you choose to repair or rebuild, the high value of this property is undeniable. Run your comps and seize this opportunity!
Last Agent to Sell the Property
Wallstreet Realty Brokerage Phone: 562-324-4345 License #01704430 Listed on: 07/22/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,141
Year Built
- Built in 1910
Lot Details
- 4,125 Sq Ft Lot
- Corner Lot
- Level Lot
- Property is zoned LAR1
Interior Spaces
- 1,416 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Additional Features
- Rain Gutters
- Property is near public transit
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 51
- Tax Tract Number 51
- Assessor Parcel Number 5453007001
- $305 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2024
Closed on
Oct 2, 2024
Sold by
Sbr Empire Llc
Bought by
Horta Luis and Horta Maria
Seller's Agent
John Pagani
Wallstreet Realty
Buyer's Agent
Arthur Hernandez
Wallstreet Realty
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%
Views
40
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.53%
Purchase Details
Closed on
Aug 12, 2024
Sold by
Ofelia Frausto Living Trust and Frausto Prisilla Salina
Bought by
Sbr Empire Llc
Purchase Details
Closed on
Sep 21, 2022
Sold by
Frausto Ofelia
Bought by
Ofelia Frausto Living Trust
Purchase Details
Closed on
Jan 18, 2012
Sold by
Frausto Juan
Bought by
Frausto Juan and Frausto Ofelia
Purchase Details
Closed on
Oct 17, 2006
Sold by
Frausto Javier
Bought by
Frausto Juan
Purchase Details
Closed on
Dec 3, 2000
Sold by
Frausto Juan
Bought by
Frausto Juan and Frausto Javier
Purchase Details
Closed on
Mar 12, 1997
Sold by
Frausto Ophelia
Bought by
Frausto Juan and Frausto Ophelia
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 |
|---|---|---|---|
| Grant Deed | $657,000 | Lawyers Title Company | |
| Grant Deed | $615,000 | None Listed On Document | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | North American Title 91402 | |
| Gift Deed | -- | -- | |
| Gift Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $170,000 | Unknown | |
| Previous Owner | $37,355 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $998,000 | -8.4% | $505 / Sq Ft |
| 06/26/2025 06/26/25 | For Sale | $1,090,000 | +77.2% | $552 / Sq Ft |
| 11/01/2024 11/01/24 | Sold | $615,000 | -9.6% | $434 / Sq Ft |
| 09/17/2024 09/17/24 | Price Changed | $680,000 | +4.6% | $480 / Sq Ft |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | Price Changed | $650,000 | 0.0% | $459 / Sq Ft |
| 09/05/2024 09/05/24 | For Sale | $650,000 | -4.4% | $459 / Sq Ft |
| 08/22/2024 08/22/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | Price Changed | $680,000 | -2.2% | $480 / Sq Ft |
| 08/13/2024 08/13/24 | For Sale | $695,000 | 0.0% | $491 / Sq Ft |
| 08/09/2024 08/09/24 | Price Changed | $695,000 | -4.1% | $491 / Sq Ft |
| 07/28/2024 07/28/24 | Pending | -- | -- | -- |
| 07/22/2024 07/22/24 | For Sale | $725,000 | -- | $512 / 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 | $6,141 | $486,242 | $355,310 | $130,932 |
| 2023 | $6,023 | $476,709 | $348,344 | $128,365 |
| 2022 | $5,395 | $437,591 | $334,384 | $103,207 |
| 2021 | $5,324 | $429,012 | $327,828 | $101,184 |
| 2019 | $5,164 | $416,289 | $318,105 | $98,184 |
| 2018 | $5,087 | $408,127 | $311,868 | $96,259 |
| 2016 | $4,853 | $392,280 | $299,758 | $92,522 |
| 2015 | $4,783 | $386,389 | $295,256 | $91,133 |
| 2014 | $4,804 | $378,821 | $289,473 | $89,348 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Jose Nunez
Realty Executives
-
J
Seller's Agent in 2024
John Pagani
Wallstreet Realty
-
A
Buyer's Agent in 2024
Arthur Hernandez
Wallstreet Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24150034
APN: 5453-007-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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