K
Seller's Agent in 2024
Karla Escalante
Harcourts Prime Properties
4120 S Normandie Ave Los Angeles, CA 90037
Vermont Square NeighborhoodEstimated Value: $706,000 - $767,000
0.14
Acre
$5,172,865
Price per Acre
6,143
Sq Ft Lot
About This Lot
As of August 2024Prime Corner Development Opportunity in Vibrant South Los Angeles! Explore the potential of this expansive 6,143 sq ft lot, zoned LARD 1.5. Unleash your imagination the possibilities are endless for this ideally located property. Although the existing structure requires demolition, this opens the door for fresh, innovative development tailored to modern demands. Previously occupied until 2017, the lot sits at the bustling corner of Normandie Ave & W 41st Pl. Nestled in a culturally rich area, this property is just minutes from the University of Southern California, offering easy access to educational facilities, campus events, and vibrant student life. It’s not just close to academia; it’s also a hub of connectivity to major Los Angeles attractions and business centers, making it a perfect spot for students, professionals, and families looking to build their dream in the heart of South Los Angeles. Surrounded by new development throughout the area. Call Today!
Last Agent to Sell the Property
Karla Escalante
Harcourts Prime Properties License #02231455 Listed on: 05/06/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,368
Lot Details
- 6,143 Sq Ft Lot
- Corner Lot
- Property is zoned LARD1.5
Listing and Financial Details
- Legal Lot and Block 29 / M
- Tax Tract Number 2
- Assessor Parcel Number 5020003014
- $489 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Exterior Lighting
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 30, 2024
Sold by
Nowak Holds Ii Llc
Bought by
Newshire Investments Inc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,885,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2024
Sold by
Lawrence Koppelman And Co and Mcdonough Family 1996 Trust
Bought by
Nowak Holds Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,885,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 1, 2023
Sold by
Total Lender Solutions Inc
Bought by
1996 Mcdonough Family Trust and Anticouni Family Trustt
Purchase Details
Closed on
Aug 15, 2019
Sold by
Vinnai Antaliah and Thomas Anthony
Bought by
Vinnai Antaliah and Thomas Anthony
Purchase Details
Closed on
Jul 19, 2007
Sold by
Thomas Carrie M S
Bought by
Thomas Carrie M S and The Carrie M S Thomas Family Living Tr
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
10.5%
Mortgage Type
Unknown
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Newshire Investments Inc | $735,000 | Chicago Title | |
| Nowak Holds Ii Llc | $450,000 | Ticor Title | |
| 1996 Mcdonough Family Trust | $821,803 | None Listed On Document | |
| Vinnai Antaliah | -- | None Available | |
| Thomas Carrie M S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Newshire Investments Inc | $1,885,000 | |
| Previous Owner | Nowak Holds Ii Llc | $300,000 | |
| Previous Owner | Thomas Carrie M | $438,750 | |
| Previous Owner | Thomas Carrie M | $100,000 | |
| Previous Owner | Thomas Carrie M | $285,000 | |
| Previous Owner | Thomas Carrie M | $228,000 | |
| Previous Owner | Thomas Carrie M | $30,000 | |
| Previous Owner | Thomas Carrie M | $147,000 | |
| Previous Owner | Thomas Henry | $57,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/27/2024 08/27/24 | Sold | $735,000 | -7.9% | $227 / Sq Ft |
| 05/20/2024 05/20/24 | Pending | -- | -- | -- |
| 05/06/2024 05/06/24 | For Sale | $797,700 | -- | $246 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,368 | $735,000 | $660,000 | $75,000 |
| 2024 | $9,368 | $740,000 | $740,000 | -- |
| 2023 | $2,751 | $195,185 | $103,449 | $91,736 |
| 2022 | $2,640 | $191,359 | $101,421 | $89,938 |
| 2021 | $2,586 | $187,608 | $99,433 | $88,175 |
| 2020 | $2,604 | $186,125 | $98,414 | $87,711 |
| 2019 | $2,516 | $182,485 | $96,485 | $86,000 |
| 2018 | $2,431 | $178,917 | $94,594 | $84,323 |
| 2016 | $2,293 | $171,549 | $90,922 | $80,627 |
| 2015 | $2,263 | $168,973 | $89,557 | $79,416 |
| 2014 | $2,308 | $165,664 | $87,803 | $77,861 |
Source: Public Records
Agents Affiliated with this Home
-
-
John Risso
J
Buyer's Agent in 2024
John Risso
The Agent and Company
(562) 417-0456
1 in this area
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24091506
APN: 5020-003-014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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