NOT LISTED FOR SALE

Estimated Value: $899,000 - $1,244,736

0.16 Acre
$6,402,791 Price per Acre
6,930 Sq Ft Lot

Last Sold September 09, 2021

Last sale price $775,000 $239 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,240/month

10 Days on Market

About This Lot

As of September 2021

Opportunity for investor/developer to construct MULTI-FAMILY RESIDENCE,large lot.

Last Agent to Sell the Property

Ron Edison

Tower Realty & Investments License #00640718 Listed on: 08/03/2021

Last Buyer's Agent

Ron Edison

Tower Realty & Investments License #00640718 Listed on: 08/03/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,261

Lot Details

  • 6,930 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned LACM

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 28 / 10
  • Assessor Parcel Number 5113030008

Property Details

Property Type

Land

Est. Annual Taxes

$10,261

Lot Details

0

Listing Details

  • Other Phone Description: 310-884-9084
  • View: No
  • Zoning: LACM
  • Property Type: Land
  • Parcel Number: 5113030008
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 111.83

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6930.00
  • Lot Size Acres: 0.1591

Multi Family

  • Lot Size Area: 6930.0000 Square Feet

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 2284.20
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 15, 2021
Sold by
Poursalimi Mehrdad Michael
Bought by
Forte Hills Llc
Seller's Agent
Ron Edison
Tower Realty & Investments
Buyer's Agent
Ron Edison
Tower Realty & Investments
List Price
$674,900
Sold Price
$775,000
Premium/Discount to List
$100,100
14.83%
Current Estimated Value
$1,018,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,684
Avg. Annual Appreciation
6.88%

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 3, 2021
Sold by
Torkian Raheleh
Bought by
Poursalimi Mehrdad Michael
Seller's Agent
Ron Edison
Tower Realty & Investments
Buyer's Agent
Ron Edison
Tower Realty & Investments
List Price
$674,900
Sold Price
$775,000
Premium/Discount to List
$100,100
14.83%

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 2, 2021
Sold by
Federal National Mortgage Association
Bought by
Poursalimi Mehrdad Michael
Seller's Agent
Ron Edison
Tower Realty & Investments
Buyer's Agent
Ron Edison
Tower Realty & Investments
List Price
$674,900
Sold Price
$775,000
Premium/Discount to List
$100,100
14.83%

Purchase Details

Closed on
Jul 1, 2019
Sold by
Corona Benjamin J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 20, 2005
Sold by
Jimenez Jose F
Bought by
Corona Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Harbor Holdings Llc
Bought by
Corona Benjamin J and Jimenez Jose F

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
5.18%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 25, 2003
Sold by
Bizzelle James C and Marie C Decuir Trust
Bought by
Harbor Holdings Llc

Purchase Details

Closed on
Sep 10, 2002
Sold by
Decuir Marie C
Bought by
Bizzelle James C and Marie C Decuir 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
Forte Hills Llc -- Accommodation/Courtesy Recordi
Poursalimi Mehrdad Michael -- Servicelink
Poursalimi Mehrdad Michael $775,000 Servicelink
Federal National Mortgage Association $462,090 Wfg National Title
Corona Benjamin J -- Ticor Title Co
Corona Benjamin J $210,000 Fswt
Harbor Holdings Llc $180,000 Fswt
Bizzelle James C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corona Benjamin J $265,000
Previous Owner Corona Benjamin J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Sold $775,000 +14.8% $239 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $674,900 -- $209 / 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 $10,261 $822,435 $636,724 $185,711
2024 $10,261 $806,310 $624,240 $182,070
2023 $10,069 $790,500 $612,000 $178,500
2022 $9,613 $775,000 $600,000 $175,000
2021 $8,570 $681,993 $429,403 $252,590
2020 $8,651 $675,000 $425,000 $250,000
2019 $4,910 $371,233 $239,161 $132,072
2018 $4,763 $363,955 $234,472 $129,483
2016 $4,527 $349,824 $225,368 $124,456
2015 $4,465 $344,570 $221,983 $122,587
2014 $4,491 $337,821 $217,635 $120,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21170332

California Regional Multiple Listing Service (CRMLS)

APN: 5113-030-008