$3,949,000

Estimated payment $22,232/month

Total Views 713
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Benjamin Kahle

Compass License #01951554 Listed on: 07/28/2025

Compass

Co-Listing Agent

James Harm

Compass License #01909659

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,332

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tear-Down
  • Levels: Two
  • Street Number Display: Yes
  • Lot Acreage: 0.1058
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Den: 0

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Private

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5442-023-003
  • Lot Size Area: 9177

Map

Range of Values:

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Average Value
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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

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
Source: Public Records

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
Source: The MLS

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 -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $86,500 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25570297

The MLS

APN: 5442-023-003