
3051 N Coolidge Ave Los Angeles, CA 90039
Elysian Valley NeighborhoodEstimated payment $22,232/month
Highlights
- View of Hills
- No HOA
- 4-minute walk to Elysian Valley Gateway Park
- John Marshall Senior High Rated A
- Carpet
About This Home
Positioned as one of the rarest available development sites in Los Angeles, this riverfront opportunity, located on the East Side's ever-popular Frogtown neighborhood, is ready for its next chapter. Currently, an uninhabitable single-family home and a paved parking lot stand, but visionaries will see an array of future possibilities. Comprised of two parcels totaling over 9,000 Sqft, the expansive lot offers nearly 115 feet of riverfront & bike path frontage - one of the largest in the neighborhood. With one parcel zoned "Residential" and the other zoned "Commercial Manufacturing", this opportunity allows a new owner/developer to take advantage of this truly scarce multiple-use zoning within the city. Most exclusively, the zoning allows for multiple permitted "Live/Work" structures, one of the rarest permitted structures in all of Los Angeles. Other "By Right" zoning approvals include amusement enterprises, art or antique shops, auditorium/concert venues, bakery goods shops, studios, restaurants and more (Buyer to verify with city). The Los Angeles River Revitalization Master Plan (LARRMP) calls for future revitalization connecting more people to future trails and parks along the river, further improving walkability and sense of community. This opportunity also sits in between neighboring Frogtown staples Spoke & Lingua Franca, and close proximity to Lewis MacAdams River Front Park (formerly Marsh Park), and Frogtown Brewery. An opportunity of a lifetime to create your riverfront vision.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,332
Year Built
- Built in 1928
Lot Details
- 9,177 Sq Ft Lot
- Property is zoned LACM
Parking
- Private Parking
Interior Spaces
- 2-Story Property
- Entryway
- Carpet
- Views of Hills
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5442-023-003
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,332 | $1,703,000 | $1,623,000 | $80,000 |
2024 | $7,332 | $587,683 | $421,836 | $165,847 |
2023 | $7,189 | $576,161 | $413,565 | $162,596 |
2022 | $6,852 | $564,864 | $405,456 | $159,408 |
2021 | $6,767 | $553,789 | $397,506 | $156,283 |
2019 | $6,564 | $537,366 | $385,717 | $151,649 |
2018 | $6,486 | $526,830 | $378,154 | $148,676 |
2016 | $6,165 | $506,374 | $363,471 | $142,903 |
2015 | $6,074 | $498,769 | $358,012 | $140,757 |
2014 | $1,448 | $107,400 | $106,166 | $1,234 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/28/2025 07/28/25 | For Sale | $3,949,000 | +89.9% | -- |
07/05/2024 07/05/24 | Sold | $2,080,000 | -1.0% | $2,217 / Sq Ft |
07/03/2024 07/03/24 | Pending | -- | -- | -- |
07/03/2024 07/03/24 | For Sale | $2,100,000 | -- | $2,239 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $2,080,000 | Chicago Title Company | |
Grant Deed | $750,007 | Chicago Title Company | |
Interfamily Deed Transfer | -- | Multiple | |
Interfamily Deed Transfer | -- | Chicago Title Co | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $86,500 | Purchase Money Mortgage |
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Source: The MLS
MLS Number: 25570297

APN: 5442-023-003
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