NOT LISTED FOR SALE

Estimated Value: $866,000 - $2,377,000

3 Beds
1 Bath
1,243 Sq Ft
$1,102/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $1,109,500 $893 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,438/month

35 Days on Market

Highlights

  • Ground Level Unit
  • No HOA
  • Front Porch
  • Lawn
  • Den
  • Open Patio

About This Home

As of March 2022

60 unit development site, TOC TIER 4, NO parking requirements, C2 zoning, must be sold together with 3320 W. 59th St. Each lot is 6,765 square foot lot. Purchasing both will give you 13,530 square feet and both are TIER 4's. Very LOW COST PER UNIT based on the potential development. Currently there is a 3 bedroom and 2 bath house with front and back yard, detached garage on this lot. Property is a fixer. Great location, across from the Metro, by the Crenshaw and Slauson corridor. Located by the Crenshaw/LAX transit Project, Less than 4 miles from the LA Rams SOFI STADIUM and Hollywood Park. Property will be delivered vacant. Very strong rental market, lots of new developments nearby. Q condition is satisfied by the purchase of both parcels. The Q condition states that frontage is to be 100 feet frontage and lot size to be at least 10K square feet. Both conditions are met with the purchase of both parcels. Buyer to do their own inspections and due diligence.

Last Agent to Sell the Property

George Gorgy

Premier Investors R.E., Inc. License #01145543 Listed on: 11/09/2021

Last Buyer's Agent

George Gorgy

Premier Investors R.E., Inc. License #01145543 Listed on: 11/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,038

Year Built

  • Built in 1922

Lot Details

  • 6,765 Sq Ft Lot
  • Lot Dimensions are 50x135
  • Chain Link Fence
  • Landscaped
  • Lawn
  • Back and Front Yard
  • Property is zoned LAC2

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Bungalow
  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,243 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Carpet
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Low Flow Toliet
  • Low Flow Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Front Porch

Location

  • Ground Level Unit

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4005-006-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,038

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 1243
  • Lot Acreage: 0.1553
  • Lot Dimensions: 50x135
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Den: 1
  • Fireplace: Yes
  • Price Per S Q F T: 924.38

Exterior Features

  • Other Structures: None
  • Fence: Chain Link
  • Patio: Porch - Front
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Driveway, Garage
  • Total Parking: 1

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4005-006-023
  • Lot Description: Back Yard, Curbs, Fenced, Front Yard, Lawn, Landscaped
  • Lot Size Area: 6765

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Feb 11, 2022
Sold by
Brk Inc
Bought by
3320 W 59Th Street Llc
Seller's Agent
George Gorgy
Premier Investors R.E., Inc.
Buyer's Agent
George Gorgy
Premier Investors R.E., Inc.
List Price
$1,149,000
Sold Price
$1,109,500
Premium/Discount to List
-$39,500
-3.44%
Current Estimated Value
$1,369,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,118
Avg. Annual Appreciation
5.97%

Purchase Details

Listed on
Aug 27, 2020
Closed on
May 26, 2021
Sold by
Axis Investment Corporation
Bought by
Brk Inc
Seller's Agent
FRANK WILSON III
KELLER WILLIAMS REALTY
Buyer's Agent
FRANK WILSON III
KELLER WILLIAMS REALTY
List Price
$500,000
Sold Price
$584,825
Premium/Discount to List
$84,825
16.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.33%
Original Mortgage
$565,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2020
Closed on
Apr 15, 2021
Sold by
Verrett Terra Mika Lashaye and Estate Of Katie Verrett
Bought by
Axis Investment Corporation
Seller's Agent
FRANK WILSON III
KELLER WILLIAMS REALTY
Buyer's Agent
FRANK WILSON III
KELLER WILLIAMS REALTY
List Price
$500,000
Sold Price
$584,825
Premium/Discount to List
$84,825
16.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2006
Sold by
Verrett Charles E
Bought by
Crawford Katie B
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
3320 W 59Th Street Llc $1,109,500 Provident Title
Brk Inc $700,000 Lawyers Title
Axis Investment Corporation $585,000 Lawyers Title
Crawford Katie B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brk Inc $565,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2022 03/02/22 Sold $1,109,500 -3.4% $893 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $1,149,000 +96.5% $924 / Sq Ft
04/28/2021 04/28/21 Sold $584,825 +17.0% $470 / Sq Ft View Prior Sale
02/14/2021 02/14/21 For Sale $500,000 -14.5% $402 / Sq Ft
02/10/2021 02/10/21 Off Market $584,825 -- --
02/10/2021 02/10/21 Pending -- -- --
02/05/2021 02/05/21 Price Changed $500,000 0.0% $402 / Sq Ft
02/05/2021 02/05/21 For Sale $500,000 -9.1% $402 / Sq Ft
09/21/2020 09/21/20 For Sale $550,000 -6.0% $442 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/08/2020 09/08/20 Off Market $584,825 -- --
08/27/2020 08/27/20 For Sale $550,000 -- $442 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $14,038 $1,177,409 $1,177,409 --
2024 $14,038 $1,154,323 $1,154,323 --
2023 $13,864 $1,131,690 $792,234 $339,456
2022 $8,612 $714,000 $571,200 $142,800
2021 $815 $52,657 $28,998 $23,659
2020 $817 $52,118 $28,701 $23,417
2019 $794 $51,097 $28,139 $22,958
2018 $728 $50,096 $27,588 $22,508
2016 $685 $48,153 $26,518 $21,635
2015 $676 $47,431 $26,120 $21,311
2014 $690 $46,503 $25,609 $20,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-103525

The MLS

APN: 4005-006-023