NOT LISTED FOR SALE

3566 Eagle Rock Blvd Los Angeles, CA 90065

Glassell Park Neighborhood

Estimated Value: $881,000 - $1,087,000

1 Bed
1 Bath
616 Sq Ft
$1,587/Sq Ft Est. Value

Last Sold December 02, 2019

Last sale price $705,000 $1,144 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,127/month

10 Days on Market

Highlights

  • No HOA
  • Eagle Rock High School Rated A
  • Cooling Available

About This Home

As of December 2019

CALLING ALL BUILDERS, CONTRACTORS, AND DEVELOPERS!! Great investment opportunity for a person who is ready to build. As a LARD1.5 zoned property with a lot size of 7103sq feet, this is a prime location to build apartments or multi dwellings. The property is located in an up and coming Eagle Rock area close to coffee shops, boutique shopping, and trendy restaurants. Property is also near Occidental College and could be convenient housing for faculty, staff, or students. Property was previously used as mixed used with a single family dwelling in front and construction company in back with a split gate. Property had expired preliminary drawings to build an apartment building, but owner never got around to it. Seller can provide expired drawings if need be to provide an idea for construction.

Property is sold in "AS-IS" condition. Buyer advised to do all due diligence and inform themselves as to condition, square footage, usage, zoning and building restrictions. Property is zoned for RD1.5 - Restricted Density Multiple Dwelling Zone for Two-Family, Apartment Houses, and/or Multiple Dwellings. Buyer to verify permits, zoning, and ordinances for construction.

Last Agent to Sell the Property

Arthur Khachatourians

Arthur Khachatourians, Broker License #01958364 Listed on: 09/01/2019

Last Buyer's Agent

Sandra Alvarez

American Team Properties License #01308068

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,300

Year Built

  • Built in 1921

Lot Details

  • 7,103 Sq Ft Lot
  • No Landscaping
  • Property is zoned LARD1.5

Home Design

  • 616 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 221
  • Tax Tract Number 221
  • Assessor Parcel Number 5457027021

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,300

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Number: 8185908294
  • Property Attached: No
  • View: No
  • Zoning: LARD1.5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5457027021
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 616.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1144.48
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 7103.00
  • Lot Size Acres: 0.1631

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7103.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1863.02
  • Tax Lot: 221
  • Tax Tract Number: 221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2024
Sold by
Paradigm Collaboration Llc
Bought by
2681 Roseview Llc
Current Estimated Value
$977,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Outstanding Balance
$2,882,531
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$1,904,932

Purchase Details

Closed on
May 21, 2021
Sold by
Urban Cities Development
Bought by
Paradigm Collaboration Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,747,800
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 1, 2019
Closed on
Oct 16, 2019
Sold by
Farland Lisa P
Bought by
Urban Cities Development and Paradigm Collaboration Llc
Seller's Agent
Arthur Khachatourians
Arthur Khachatourians, Broker
Buyer's Agent
Sandra Alvarez
American Team Properties
List Price
$599,000
Sold Price
$705,000
Premium/Discount to List
$106,000
17.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
Original Mortgage
$1,389,750
Interest Rate
3.75%
Mortgage Type
Small Business Administration

Purchase Details

Listed on
Sep 1, 2019
Closed on
Oct 10, 2019
Sold by
Piumetti Frank
Bought by
Farland Lisa P
Seller's Agent
Arthur Khachatourians
Arthur Khachatourians, Broker
Buyer's Agent
Sandra Alvarez
American Team Properties
List Price
$599,000
Sold Price
$705,000
Premium/Discount to List
$106,000
17.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,389,750
Interest Rate
3.75%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
May 16, 2003
Sold by
Piumetti Rosa
Bought by
Piumetti Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 1999
Sold by
Piumetti Joe and Piumetti Rosalia
Bought by
Farland Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,400
Interest Rate
7.82%

Purchase Details

Closed on
Mar 24, 1999
Sold by
Eagle Rock Investments
Bought by
Piumetti Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
9.5%
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
2681 Roseview Llc -- Monarch Title
Paradigm Collaboration Llc -- Monarch Title Company
Urban Cities Development $705,000 Westminster Title Company
Farland Lisa P -- Westminster Title Co
Farland Lisa P -- Westminster Title Co Inc
Piumetti Frank -- Fidelity National Title
Farland Lisa P -- Fidelity National Title
Farland Kelly M $125,000 American Title Co
Piumetti Joe -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2681 Roseview Llc $2,900,000
Previous Owner Paradigm Collaboration Llc $2,644,625
Previous Owner Paradigm Collaboration Llc $2,200,000
Previous Owner Paradigm Collaboration Llc $1,747,800
Previous Owner Urban Cities Development $1,389,750
Previous Owner Farland Lisa P $148,000
Previous Owner Farland Kelly M $112,400
Previous Owner Piumetti Joe $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2019 12/02/19 Sold $705,000 +17.7% $1,144 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $599,000 -- $972 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,300 $776,015 $620,813 $155,202
2024 $9,300 $760,800 $608,641 $152,159
2023 $9,119 $745,883 $596,707 $149,176
2022 $8,691 $731,258 $585,007 $146,251
2021 $8,535 $712,303 $569,843 $142,460
2020 $8,622 $705,000 $564,000 $141,000
2019 $2,183 $172,209 $165,329 $6,880
2018 $2,148 $168,834 $162,088 $6,746
2016 $2,050 $162,280 $155,795 $6,485
2015 $2,021 $159,843 $153,455 $6,388
2014 $2,037 $156,713 $150,450 $6,263
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Arthur Khachatourians

    Arthur Khachatourians, Broker

    (818) 590-8294

    2 Total Sales

    Section Image

  • S

    Buyer's Agent in 2019

    Sandra Alvarez

    American Team Properties

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19192011

California Regional Multiple Listing Service (CRMLS)

APN: 5457-027-021

California Los Angeles County Los Angeles 90065 Glassell Park

3566 Eagle Rock Blvd, Los Angeles, CA

This home is located at 3566 Eagle Rock Blvd, Los Angeles, CA 90065 since 01 September 2019 and is currently estimated at $977,599, approximately $1,587 per square foot. This property was built in 1921. 3566 Eagle Rock Blvd is a home located in Los Angeles County with nearby schools including Fletcher Drive Elementary School, Irving STEAM Magnet School, and Eagle Rock High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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