$320,000
SOLD JUN 12, 2024
0.12 Acre
$2,629,417 Price per Acre
5,303 Sq Ft Lot

Recently Sold

15% Below List Price

102 Days on Market

Highlights

  • City Lights View
  • Property is near a park
  • No HOA
  • Abraham Lincoln High School Rated A

About This Lot

As of June 2024

VIEW, VIEW, VIEW Perfect for prospective homebuyers scouting residential land to build their dream home. Plans have been drawn as shown for a Modern retreat with the possibility of building up to 2296 sqft. Sale includes plans and copyright of market renderings. This project is entitled and can be delivered permit ready (buyer to pay the permit fee). A great opportunity for owner/developer can begin construction immediately on this project. Minutes away from Downtown Los Angeles, USC Medical Center, Cal State LA. Buyer to do their own investigation and is responsible for all development requirements by
the city. Soils & Geotechnical report, survey are completed. ALL UTILITIES ON SITE INCLUDING WATER. THE PROPERTY IS READY FOR RTI.
.

Last Agent to Sell the Property

Jenny Xu

RE/MAX MASTERS REALTY Brokerage Phone: 626-674-7368 License #01258213 Listed on: 02/23/2024

Last Buyer's Agent

Ashley Duarte

Century 21 Arroyo Seco License #01933763

Century 21 Arroyo Seco

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,217

Lot Details

  • 5,303 Sq Ft Lot
  • Property is zoned LAR1

Utilities

  • Conventional Septic
  • Sewer Not Available
  • Cable TV Available

Additional Features

  • City Lights Views
  • Property is near a park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 474
  • Tax Tract Number 1
  • Assessor Parcel Number 5304014013
  • $37 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$4,217

Lot Details

0

Listing Details

  • Possible Use: Residential
  • View: Yes
  • Zoning: LAR1
  • Property Type: Land
  • Parcel Number: 5304014013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 60.34

Exterior Features

  • View: City Lights

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Not Available, Water Available
  • Sewer: Conventional Septic
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 5303.00
  • Lot Size Acres: 0.1217
  • Latitude Manual: 34.08963800

Multi Family

  • Lot Size Area: 5303.0000 Square Feet

Tax Info

  • Tax Census Tract: 1993.00
  • Tax Lot: 474
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 37.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jun 5, 2024
Sold by
Urbanforms Inc
Bought by
Duarte Ashley and Vasquez Maria A
Seller's Agent
Jenny Xu
RE/MAX MASTERS REALTY
Buyer's Agent
Ashley Duarte
Century 21 Arroyo Seco
List Price
$375,000
Sold Price
$320,000
Premium/Discount to List
-$55,000
-14.67%
Total Days on Market
102
Views
46
Current Estimated Value
$341,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,809
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Nov 27, 2019
Sold by
Hollywood Wilton Development Llc
Bought by
Urbanforms Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.75%

Purchase Details

Closed on
Jun 3, 2019
Sold by
Canaan Holdings Llc
Bought by
Hollywood Wilton Development Llc

Purchase Details

Closed on
Jul 10, 2018
Sold by
5B Enterprises Llc
Bought by
Solidus Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,750
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 1, 2018
Sold by
Solidus Capital Management Llc
Bought by
Canaan Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$713,750
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
May 9, 2014
Sold by
Glm Investments Llc
Bought by
Solidus Capital Management Llc

Purchase Details

Closed on
Jun 11, 2013
Sold by
Haro Victor H and Haro Victor M
Bought by
Glm Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2013
Sold by
Aragon Lucio and Rechtman Joseph
Bought by
Haro Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2007
Sold by
Nelli Augustine V and Nelli Joan E
Bought by
Aragon Lucio G and Rechtman Joseph

Purchase Details

Closed on
Jun 4, 1997
Sold by
Nelli Michael A
Bought by
Nelli A V and Nelli Joan E

Purchase Details

Closed on
May 21, 1997
Sold by
Nelli A V and Nelli Joan E
Bought by
Nelli A V and Nelli Joan E
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $320,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Grant Deed -- Chicago Title Company
Warranty Deed -- Wfg National Title Company
Grant Deed -- None Available
Quit Claim Deed -- Westminster Title Company
Grant Deed $325,000 Westminster Title Company
Grant Deed -- None Available
Grant Deed $85,000 Fidelity Van Nuys
Grant Deed $50,000 Provident Title Company
Interfamily Deed Transfer -- Provident Title Company
Grant Deed $110,000 Commonwealth Land Title Co
Gift Deed -- --
Gift Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 No Value Available
Previous Owner $713,750 Construction
Previous Owner $713,750 Construction
Previous Owner $140,000 Purchase Money Mortgage
Previous Owner $50,000 Purchase Money Mortgage
Previous Owner $40,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2024 06/12/24 Sold $320,000 -14.7% --
06/04/2024 06/04/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $375,000 -- --
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
2024 $4,217 $348,464 $348,464 --
2023 $4,134 $341,632 $341,632 $0
2022 $3,936 $334,934 $334,934 $0
2021 $4,653 $328,367 $328,367 $0
2019 $3,847 $325,000 $325,000 $0
2018 $1,180 $96,961 $96,961 $0
2016 $1,127 $93,197 $93,197 $0
2015 $1,110 $91,798 $91,798 $0
2014 $1,053 $85,000 $85,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24036235

California Regional Multiple Listing Service (CRMLS)

APN: 5304-014-013