$990,000
$209K PRICE DROP

Estimated payment $5,799/month

Total Views 3,061
-- Bed
-- Bath
2,437 Sq Ft
$406 Price per Sq Ft

About This Home

Excellent Development Opportunity in the Heart of Glassell Park - RD2 Zoning This exceptional property presents a rare chance to develop in one of LA's most desirable neighborhoods. With its R2 zoning, the lot offers substantial potential for multi-unit development or the creation of a custom residence. Ideally situated in the vibrant community of Glassell Park, it's just moments from trendy eateries, boutique shops, and beautiful parks. The location provides easy access to downtown LA, Silver Lake, and Glendale, making it a perfect opportunity for those seeking a prime investment or a personalized home in a thriving urban area. Don't miss your chance to capitalize on this outstanding development opportunity.

Listing Agent

Louis Chavez

Exp Commercial of California, Inc. License #01949822 Listed on: 10/25/2024

Exp Commercial of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,985

Year Built

  • Built in 1965

Lot Details

  • 8,168 Sq Ft Lot

Interior Spaces

  • 2,437 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 5458-027-035

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,985

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2437
  • Lot Acreage: 0.1881
  • Year Built: 1965
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Price Per S Q F T: 406.24

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 36.18
  • Assessed Improvement Value: 132451
  • Assessed Land Percent: 63.82
  • Assessed Land Value: 233614
  • Total Assessed Value: 366065
  • Assessor Parcel Number: 5458-027-035
  • Lot Size Area: 8168

Multi Family

  • Unit Type: 2106
  • Number Of Units: 0
  • Total Annual Expense: 0
  • Type Of Units: 0
  • Vacancy Rate: 0

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 $4,985 $380,853 $243,051 $137,802
2024 $4,985 $373,386 $238,286 $135,100
2023 $4,897 $366,065 $233,614 $132,451
2022 $4,682 $358,888 $229,034 $129,854
2021 $4,612 $351,852 $224,544 $127,308
2019 $4,482 $341,418 $217,885 $123,533
2018 $4,318 $334,724 $213,613 $121,111
2016 $4,103 $321,728 $205,319 $116,409
2015 $4,046 $316,896 $202,235 $114,661
2014 $4,064 $310,689 $198,274 $112,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $990,000 -0.9% $406 / Sq Ft
07/30/2025 07/30/25 Price Changed $999,000 -16.7% $410 / Sq Ft
10/25/2024 10/25/24 For Sale $1,199,000 0.0% $492 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/23/2024 09/23/24 For Sale $1,199,000 -- $492 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Quit Claim Deed $136,500 --
Trustee Deed $91,800 United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Previous Owner $292,500 Commercial
Previous Owner $109,000 Commercial
Source: Public Records

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Source: The MLS

MLS Number: 24-442809

The MLS

APN: 5458-027-035