NOT LISTED FOR SALE

Estimated Value: $1,071,000 - $1,546,000

0.14 Acres
$8,607,197 Price per Acre
6,215 Sq Ft Lot

Sale Details

Date Sold: August 26, 2024

Last sale price $1,150,000 $1,289 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,765 / mo

24 Days on Market

About This Lot

As of August 2024

We are pleased to present for sale a wonderful Opportunity Zone RTI development opportunity located adjacent to Silver Lake! Currently a vacant lot, a savvy developer can get started on building right away. No demo costs, specific plan zone review or relocation headaches to deal with!! Plans call for 6 units total (4 "double duplex"/townhouse style units + 2 ADU's). Unit mix consists of four 2 bd/2.5 baths + two 1 bd/1 bath units. The subject property lies in close proximity to Echo Park, Los Feliz, LA City College, East Hollywood Metro (Vermont/Santa Monica)! Walking distance to shops and cafes, including Courage Bagels, Sqirl & so much more!! Do not miss this opportunity to build in a high rental demand area close to restaurants, bars, shopping, and transportation. Motivated seller, BRING ALL OFFERS! Buyer to verify all zoning information & approved plans with LADBS and all relevant city departments. Contact listing agent for more details or for a copy of the plans.

Last Agent to Sell the Property

Daniel Shamooelian

Keller Williams Beverly Hills License #01984269 Listed on: 07/09/2024

Keller Williams Beverly Hills

Last Buyer's Agent

Carolyn Chong

T.N.G. Real Estate Consultants License #01879850

T.N.G. Real Estate Consultants

Property Details

Property Type

  • Land

Lot Details

  • 6,215 Sq Ft Lot
  • Lot Dimensions are 40x155
  • Property is zoned LARD1.5

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5539-017-020

Property Details

Property Type

Land

Lot Details

6,215 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1427
  • Lot Dimensions: 40x155
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5539-017-020
  • Lot Size Area: 6215

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 16, 2024
Sold by
Bought by
Seller's Agent
Daniel Shamooelian
Keller Williams Beverly Hills
Buyer's Agent
Carolyn Chong
T.N.G. Real Estate Consultants
List Price
$1,260,000
Sold Price
$1,150,000
Premium/Discount to List
-$110,000
-8.73%
Views
6
Current Estimated Value
$1,228,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,247
Avg. Annual Appreciation
3.68%

Purchase Details

Listed on
Aug 30, 2022
Closed on
Sep 28, 2022
Sold by
Bought by
Seller's Agent
Daniel Shamooelian
Keller Williams Beverly Hills
Buyer's Agent
Daniel Shamooelian
Keller Williams Beverly Hills
List Price
$900,000
Sold Price
$900,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%

Purchase Details

Closed on
May 8, 2017
Sold by
Bought by

Purchase Details

Closed on
Dec 11, 2015
Sold by
Bought by

Purchase Details

Closed on
May 20, 2011
Sold by
Bought by

Purchase Details

Closed on
May 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,150,000 Old Republic Title
$900,000 Lawyers Title
-- Accommodation
$555,000 Lawyers Title
-- None Available
-- First American Title Co
$415,000 First American Title Co
$365,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $264,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2024 08/26/24 Sold $1,150,000 -8.7% $1,289 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $1,260,000 +40.0% $1,413 / Sq Ft
09/30/2022 09/30/22 Sold $900,000 0.0% $1,009 / Sq Ft View Prior Sale
08/30/2022 08/30/22 Pending -- -- --
08/30/2022 08/30/22 For Sale $900,000 -- $1,009 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,729 $1,150,000 $1,150,000 --
2024 $11,208 $918,000 $918,000 --
2023 $10,989 $900,000 $900,000 $0
2022 $8,093 $678,059 $678,059 $0
2021 $8,002 $664,764 $664,764 $0
2019 $7,763 $645,048 $645,048 $0
2018 $7,021 $577,422 $577,422 $0
2016 $6,777 $555,000 $444,000 $111,000
2015 $5,842 $476,466 $381,928 $94,538
2014 $5,867 $467,134 $374,447 $92,687
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-411491

The MLS

APN: 5539-017-020

Your Personal Tour Guide

Ask me questions while you tour the home.