
Seller's Agent in 2024
Oron Maher
Maher Commercial Realty
(630) 649-9961
3 in this area
38 Total Sales
Estimated Value: $1,457,000 - $1,779,000
We are pleased to present this rare opportunity to purchase an ready to issue, permit-ready 16-unit 100% market-rate development site in a hip East Hollywood location. The proposed property benefits from an excellent mix of eight 3-bedroom units, four 2-bedroom units, and four 1-bedroom units with a generous FAR of 33,635 square feet. There are 27 anticipated parking spaces for this proposed four-story project. Only one other RTI site has sold in this submarket since January, 2022, and only one of a handful of 100% market-rate RTI projects to come "for sale" in Los Angeles in the past year. Great location adjacent to trendy Silverlake, Hollywood, and Rampart Village with easy access to the 101 Freeway and Western Avenue and two blocks north of the Vermont/Beverly Metro Station. Surrounded by shopping and dining including Sqirl, Jollibee, Melody and Taqueria El Charrito. Renderings are for marketing purposes only and do not reflect the exact final finished product.
Last Agent to Sell the Property
Maher Commercial Realty License #01299093 Listed on: 11/09/2023
Co-Listed By
Jeremy Shore
Maher Commercial Realty License #02020539
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Terra Capital Development Group Llc | $1,460,000 | Fidelity National Title | |
Agam Matan | -- | Fidelity National Title | |
Agam Shraga | -- | None Available | |
Agam Matan | $1,120,000 | None Available | |
Hatharasinghe Harry R V | -- | Fidelity National Title Co |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Terra Capital Development Group Llc | $1,095,000 | |
Previous Owner | Agam Matan | $850,000 | |
Previous Owner | Agam Matan | $1,000,000 | |
Previous Owner | Agam Matan | $801,000 | |
Previous Owner | Hatharasinghe Harry R V | $220,000 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
02/22/2024 02/22/24 | Sold | $1,460,000 | -2.3% | $287 / Sq Ft |
11/09/2023 11/09/23 | For Sale | $1,495,000 | -- | $294 / Sq Ft |
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 | $16,948 | $1,489,200 | $1,224,000 | $265,200 |
2024 | $16,948 | $1,346,037 | $877,329 | $468,708 |
2023 | $16,631 | $1,319,645 | $860,127 | $459,518 |
2022 | $19,849 | $1,634,477 | $1,133,623 | $500,854 |
2021 | $15,664 | $1,268,403 | $826,728 | $441,675 |
2019 | $15,205 | $1,230,783 | $802,207 | $428,576 |
2018 | $15,004 | $1,206,651 | $786,478 | $420,173 |
2016 | $14,319 | $1,159,797 | $755,939 | $403,858 |
2015 | $14,113 | $1,142,377 | $744,585 | $397,792 |
2014 | $15,299 | $1,120,000 | $730,000 | $390,000 |
Seller's Agent in 2024
Oron Maher
Maher Commercial Realty
(630) 649-9961
3 in this area
38 Total Sales
J
Seller Co-Listing Agent in 2024
Jeremy Shore
Maher Commercial Realty
Buyer's Agent in 2024
Geo Kim
GAIA
(213) 369-1519
2 in this area
22 Total Sales
Buyer Co-Listing Agent in 2024
Jessica Shin
GAIA
(310) 866-9978
2 in this area
44 Total Sales
Source: The MLS
MLS Number: 23-330457
APN: 5520-017-018