Seller's Agent in 2024
Alejandro Quinonez
TDC/Pacific Properties
(323) 691-7867
1 in this area
4 Total Sales
4303 S Main St Los Angeles, CA 90037
Historic South Central Neighborhood
0.17
Acre
$7,501,443
Price per Acre
7,549
Sq Ft Lot
Highlights
- City Lights View
- Corner Lot
- No HOA
About This Lot
As of September 2024OPPORTUNITY ZONE! ED1 PROJECT DEVELOPMENT to Build 45+ units, Affordable Housing OR OWNER USER RESTAURANT WITH MOST OF THE RESTAURANT EQUIPMENT THERE BIG DINING AND EXTERIOR SITTING AREA AND LOTS OF PARKING. This Prime property Boast a generous 7549 Square foot Corner lot with convenient alley access. Currently , it features a closed restaurant making it a versatile canvas for your nest investment or development venture . Zoning LAC2, TOC TIER 3 . Multiple Apartment projects being built on Main St. Metro LA Near Downtown LA AND USC. Property being sold as is for land value only. Please call listing agent for more info.
Last Agent to Sell the Property
TDC/Pacific Properties Brokerage Email: Alexvq85@gmail.com License #02019414 Listed on: 03/08/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,764
Lot Details
- 7,549 Sq Ft Lot
- Corner Lot
- Density is up to 1 Unit/Acre
- Property is zoned LAC2
Additional Features
- City Lights Views
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5111012029
- $553 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2024
Closed on
Jul 23, 2024
Sold by
Dezfuli Khodabakhsh
Bought by
La Santa Rosa Restaurant Inc
Seller's Agent
Alejandro Quinonez
TDC/Pacific Properties
Buyer's Agent
Jasmine Griffin
Circle Real Estate
List Price
$1,355,000
Sold Price
$1,300,000
Premium/Discount to List
-$55,000
-4.06%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,137
Avg. Annual Appreciation
2.85%
Original Mortgage
$1,165,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 15, 2016
Sold by
Ortega Aracelli
Bought by
Dezfuli Khodabakhsh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.47%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 1, 2007
Sold by
Melendez Jorge C
Bought by
Ortega Aracelli
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
6.2%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 7, 2001
Sold by
Chavez Luis and Chavez Piedad
Bought by
Melendez Jorge C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.14%
Mortgage Type
Seller Take Back
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,300,000 | Orange Coast Title | |
| Grant Deed | $840,000 | Old Republic Title Co | |
| Grant Deed | $380,000 | Southland Title Corporation | |
| Grant Deed | $220,000 | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,165,000 | New Conventional | |
| Previous Owner | $420,000 | Commercial | |
| Previous Owner | $385,000 | Seller Take Back | |
| Previous Owner | $390,000 | Commercial | |
| Previous Owner | $17,000 | Seller Take Back | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $170,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2024 09/17/24 | Sold | $1,300,000 | -4.1% | -- |
| 06/21/2024 06/21/24 | Pending | -- | -- | -- |
| 06/21/2024 06/21/24 | For Sale | $1,355,000 | +4.2% | -- |
| 06/18/2024 06/18/24 | Off Market | $1,300,000 | -- | -- |
| 03/08/2024 03/08/24 | For Sale | $1,355,000 | -- | -- |
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 | $6,764 | $1,300,000 | $910,000 | $390,000 |
| 2024 | $6,764 | $517,708 | $364,104 | $153,604 |
| 2023 | $6,641 | $507,558 | $356,965 | $150,593 |
| 2022 | $6,347 | $497,607 | $349,966 | $147,641 |
| 2021 | $6,269 | $487,851 | $343,104 | $144,747 |
| 2019 | $6,092 | $473,382 | $332,928 | $140,454 |
| 2018 | $5,969 | $464,100 | $326,400 | $137,700 |
| 2016 | $5,417 | $421,633 | $388,349 | $33,284 |
| 2015 | $5,342 | $415,301 | $382,516 | $32,785 |
| 2014 | $5,364 | $407,167 | $375,024 | $32,143 |
Source: Public Records
Agents Affiliated with this Home
-
Alejandro Quinonez
-
Jasmine Griffin
Buyer's Agent in 2024
Jasmine Griffin
Circle Real Estate
(562) 922-3826
1 in this area
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24048130
APN: 5111-012-029
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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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