NOT LISTED FOR SALE

3757 S Sepulveda Blvd Los Angeles, CA 90034

Palms Neighborhood

Estimated Value: $1,219,000 - $1,394,961

0.11 Acre
$12,211,273 Price per Acre
5,150 Sq Ft Lot

Last Sold June 08, 2018

Last sale price $1,050,000 $1,411 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,503/month

29 Days on Market

About This Lot

As of June 2018

R3-1 (see ZIMAS). Get your shovels ready! Development opportunity located 3757 S Sepulveda, Los Angeles, 90034. The site is approx. 5,150 SF of land located in West Los Angeles, Mar Vista - Palms - next to Culver City. Last buildable lot on South Sepulveda in West Los Angeles! Fantastic location next to the intersection of Venice and Sepulveda Boulevards. Convenient by bus, bike or foot to all of West Los Angeles, Santa Monica, Venice, UCLA, the 405, Santa Monica College, Expo Line, and more. Property to be delivered vacant at close of escrow. Cash sale. Do not disturb tenants or their large dogs. Buyer(s) to fully inspect all physical aspects of the property to their complete satisfaction prior to close of escrow. The property is sold as-is.

Last Agent to Sell the Property

Linda Johnson

The Service Company Realty License #00890693 Listed on: 04/02/2018

Last Buyer's Agent

Linda Johnson

The Service Company Realty License #00890693 Listed on: 04/02/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,207

Lot Details

  • 5,150 Sq Ft Lot
  • Property is zoned LAR3

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4252-001-011

Property Details

Property Type

Land

Est. Annual Taxes

$14,207

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Advertising Remarks: R3-1 (see ZIMAS). Get your shovels ready! Development opportunity located 3757 S Sepulveda, Los Angeles, 90034. The site is approx. 5,150 SF of land located in West Los Angeles, Mar Vista - Palms - next to Culver City. Last buildable lot on South Sepulveda in West Los Angeles! Fantastic location next to the intersection of Venice and Sepulveda Boulevards. Convenient by bus, bike or foot to all of West Los Angeles, Santa Monica, Venice, UCLA, the 405, Santa Monica College, Expo Line, and more. Property to be delivered vacant at close of escrow. Cash sale. Do not disturb tenants or their large dogs. Buyer(s) to fully inspect all physical aspects of the property to their complete satisfaction prior to close of escrow. The property is sold as-is.
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 4252-001-011
  • Geocode Override: No
  • Lot Size Area: 5150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 14, 2018
Sold by
Wolfberg Daniel B
Bought by
Westward Ventures Llc
Seller's Agent
Linda Johnson
The Service Company Realty
Buyer's Agent
Linda Johnson
The Service Company Realty
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Current Estimated Value
$1,343,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,240
Avg. Annual Appreciation
3.46%
Original Mortgage
$500,000
Outstanding Balance
$433,325
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$908,861

Purchase Details

Closed on
Sep 10, 2015
Sold by
Wolfberg Daniel B
Bought by
Wolfberg Daniel B and Daniel B Wolfberg Separate Property Trus

Purchase Details

Closed on
Oct 21, 2010
Sold by
Pro Value Properties Inc
Bought by
Wolfberg Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,367
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 13, 2010
Sold by
Lopez Ricardo and Lopez Yolanda
Bought by
Pro Value Properties Inc

Purchase Details

Closed on
Aug 1, 2003
Sold by
Lopez Ricardo and Lopez Yolanda
Bought by
Lopez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2002
Sold by
Green Richard I and Green Sharon B
Bought by
Lopez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.43%

Purchase Details

Closed on
Sep 7, 1994
Sold by
Green Richard I and Green Sharon B
Bought by
Green Richard I and Green Sharon B
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Westward Ventures Llc $1,050,000 Fidelity National Title
Wolfberg Daniel B -- None Available
Wolfberg Daniel B $380,000 Fidelity Title Company
Pro Value Properties Inc $270,576 None Available
Lopez Ricardo -- Southland Title
Lopez Ricardo $230,000 First American Title Co
Green Richard I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Westward Ventures Llc $500,000
Previous Owner Wolfberg Daniel R $35,000
Previous Owner Wolfberg Daniel R $210,000
Previous Owner Wolfberg Daniel B $370,367
Previous Owner Lopez Ricardo $120,200
Previous Owner Lopez Ricardo $260,000
Previous Owner Lopez Ricardo $230,000
Closed Lopez Ricardo $32,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2018 06/08/18 Sold $1,050,000 -12.5% $1,411 / Sq Ft
05/03/2018 05/03/18 For Sale $1,200,000 0.0% $1,613 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $1,200,000 -- $1,613 / 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 $14,207 $955,773 $955,773 --
2024 $14,207 $1,171,290 $937,033 $234,257
2023 $13,932 $1,148,324 $918,660 $229,664
2022 $13,280 $1,125,809 $900,648 $225,161
2021 $13,121 $1,103,736 $882,989 $220,747
2020 $13,259 $1,092,420 $873,936 $218,484
2019 $12,725 $1,071,000 $856,800 $214,200
2018 $5,151 $427,869 $343,422 $84,447
2016 $4,924 $411,257 $330,088 $81,169
2015 $4,851 $405,080 $325,130 $79,950
2014 $4,874 $397,146 $318,762 $78,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-330092

The MLS

APN: 4252-001-011