NOT LISTED FOR SALE

3801 S Grand Ave Los Angeles, CA 90037

Historic South Central Neighborhood

Estimated Value: $3,217,027

0.43 Acre
$7,407,384 Price per Acre
18,918 Sq Ft Lot

Last Sold February 04, 2022

Last sale price $2,840,000

Est. 13% increase in value since last sale

Current estimated payment $20,055/month

42 Days on Market

About This Lot

As of February 2022

A perfect Investment/Development opportunity for an Investor, Contractor or a buyer with vision! This property is a vacant lot as the was torn down after fire damage occurred to this property. being sold "as-is" and is in need of tear down and rebuild your own.

Last Agent to Sell the Property

Robert Kim

Premier Realty Group License #01733823 Listed on: 09/09/2021

Last Buyer's Agent

Outside Agent

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,585

Lot Details

  • 0.43 Acre Lot
  • Property is zoned LACM

Utilities

  • Sewer in Street
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5122-026-011

Property Details

Property Type

Land

Est. Annual Taxes

$36,585

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.4343
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • View: No

Utilities

  • Cable: Yes
  • Sewer: In Street
  • Telephone Service: On Property
  • Telephone: Yes
  • Water: Public

Lot Info

  • Assessor Parcel Number: 5122-026-011
  • Lot Size Area: 18919
  • Potential Usage: Commercial Manufacturing. Wholesale, Storage, Clinics., Limited C2 Uses, R3 Uses.

Rental Info

  • Land Lease Expiration Year: 2022
  • Land Lease Type: Fee
  • Land Lease Expiration Date: 2022-09-09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2018
Sold by
Hong Kyung Mi
Bought by
T Brothers Group Inc
Current Estimated Value
$3,217,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,321,532
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$1,895,495

Purchase Details

Closed on
Apr 12, 2013
Sold by
Kim Keon S
Bought by
Hong Kyung Mi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,710,000
Interest Rate
3.51%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2010
Sold by
Kim Hae Ryong
Bought by
Kim Keon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2010
Sold by
Adnar & Ttocs Llc
Bought by
Kim Keon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2007
Sold by
Williams Eugene Marvin
Bought by
Adnar & Ttocs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2005
Sold by
Kelly John
Bought by
Kelly Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2005
Sold by
Williams Eugene M and Kelly Gail
Bought by
Williams Eugene Marvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 1998
Sold by
Williams Eugene M
Bought by
Williams Eugene M and Williams Living Trust
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
T Brothers Group Inc -- Chicago Title Company
Hong Kyung Mi $1,850,000 Chicago Title Company
Kim Keon S -- Chicago Title Company
Kim Keon S $1,300,013 Chicago Title Company
Adnar & Ttocs Llc -- Chicago Title Co
Kelly Gail -- Stewart Title
Williams Eugene Marvin -- --
Williams Eugene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open T Brothers Group Inc $1,500,000
Closed Hong Kyung Mi $1,710,000
Previous Owner Kim Keon S $550,000
Previous Owner Adnar & Ttocs Llc $1,800,000
Previous Owner Williams Eugene Marvin $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $2,840,000 0.0% --
10/21/2021 10/21/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $2,840,000 -- --
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 $36,585 $3,013,830 $3,013,830 --
2024 $36,585 $2,954,736 $2,954,736 --
2023 $36,752 $2,896,800 $2,896,800 $0
2022 $27,011 $2,146,740 $1,566,542 $580,198
2021 $26,634 $2,104,648 $1,535,826 $568,822
2019 $25,868 $2,042,224 $1,490,273 $551,951
2018 $25,411 $2,002,181 $1,461,052 $541,129
2016 $24,218 $1,924,435 $1,404,318 $520,117
2015 $23,876 $1,895,529 $1,383,224 $512,305
2014 -- $1,858,399 $1,356,129 $502,270
Source: Public Records

Agents Affiliated with this Home

  • Robert Kim

    Seller's Agent in 2022

    Robert Kim

    Premier Realty Group

    (213) 507-7667

    1 in this area

    5 Total Sales

    Robert Kim
    Section Image

  • O

    Buyer's Agent in 2022

    Outside Agent

See All Agents

Map

Source: The MLS

MLS Number: 21-782220

The MLS

APN: 5122-026-011

California Los Angeles County Los Angeles 90007 Historic South Central

3801 S Grand Ave, Los Angeles, CA

This home is located at 3801 S Grand Ave, Los Angeles, CA 90037 since 09 September 2021 and is currently estimated at $3,217,027. 3801 S Grand Ave is a home located in Los Angeles County with nearby schools including Trinity Street Elementary School, Maple Primary Center, and William Jefferson Clinton Middle School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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