NOT LISTED FOR SALE

432 N Normandie Ave Los Angeles, CA 90004

East Hollywood Neighborhood

Estimated Value: $1,426,000 - $1,746,000

0.13 Acre
$12,411,413 Price per Acre
5,827 Sq Ft Lot

Last Sold October 13, 2021

Last sale price $1,600,000 $726 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,390/month

456 Days on Market

About This Lot

As of October 2021

Start Construction Today, Shovel Ready NOW! 14-unit May be Condo Mapped During construction. (RTI) Ready to Issue Permits, with On Grade Parking (no subterranean parking) Located in a Qualified Opportunity Zone. 14-unit development opportunity located in the 90004 Zip Code of Koreatown (89 Walk Score). Type III B residential and Type I A parking with Roof Deck. All units include a Washer/Dryer and Balcony.

Last Agent to Sell the Property

Jon Emrani

Marcus & Millichap License #01427038 Listed on: 07/14/2020

Last Buyer's Agent

Jon Emrani

Marcus & Millichap License #01427038 Listed on: 07/14/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,370

Lot Details

  • 5,827 Sq Ft Lot
  • Property is zoned LAR3

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5520-014-013

Property Details

Property Type

Land

Est. Annual Taxes

$20,370

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1338
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5520-014-013
  • Lot Size Area: 5827

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Sep 21, 2018
Sold by
Valladarez Rosa C and Rosa C Valladarez Trust
Bought by
Roussin Capital Group Llc
Seller's Agent
Jason Tuvia
Marcus & Millichap
Buyer's Agent
Jason Tuvia
Marcus & Millichap
List Price
$900,000
Sold Price
$890,000
Premium/Discount to List
-$10,000
-1.11%
Current Estimated Value
$1,660,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,647
Avg. Annual Appreciation
9.36%
Original Mortgage
$712,000
Outstanding Balance
$619,693
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,040,954

Purchase Details

Closed on
Dec 7, 2005
Sold by
Valladarez Rosa
Bought by
Valladarez Rosa C and Rosa C Valladarez Trust

Purchase Details

Closed on
Oct 20, 2003
Sold by
Valladarez Jose Moises
Bought by
Valladarez Rosa

Purchase Details

Closed on
Feb 27, 2003
Sold by
Menjivar Armida
Bought by
Valladarez Jose

Purchase Details

Closed on
Dec 20, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Valladarez Jose and Valladarez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
5.95%

Purchase Details

Closed on
Jul 27, 1994
Sold by
Standard Trust Deed Service Company
Bought by
Federal Home Loan Mortgage Corporation
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
Roussin Capital Group Llc $890,000 Ticor Title Company
Valladarez Rosa C -- --
Valladarez Rosa -- --
Valladarez Jose -- --
Valladarez Jose $126,000 First American Title
Federal Home Loan Mortgage Corporation $141,222 Benevest Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roussin Capital Group Llc $712,000
Previous Owner Valladarez Jose $100,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2021 10/13/21 Sold $1,600,000 0.0% $726 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/01/2021 10/01/21 Off Market $1,600,000 -- --
08/31/2021 08/31/21 For Sale $1,695,000 0.0% $769 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
11/02/2020 11/02/20 Price Changed $1,695,000 +4.3% $769 / Sq Ft
07/14/2020 07/14/20 For Sale $1,625,000 +82.6% $737 / Sq Ft
11/05/2018 11/05/18 Sold $890,000 -1.1% $404 / Sq Ft View Prior Sale
08/28/2018 08/28/18 For Sale $900,000 -- $408 / Sq Ft
Source: The MLS

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 $20,370 $1,697,932 $679,173 $1,018,759
2024 $20,370 $1,664,640 $665,856 $998,784
2023 $19,978 $1,632,000 $652,800 $979,200
2022 $19,050 $1,600,000 $640,000 $960,000
2021 $11,161 $917,204 $711,091 $206,113
2019 $10,831 $890,000 $690,000 $200,000
2018 $3,271 $251,208 $165,508 $85,700
2016 $3,112 $241,455 $159,082 $82,373
2015 $3,069 $237,829 $156,693 $81,136
2014 $3,093 $233,171 $153,624 $79,547
Source: Public Records

Agents Affiliated with this Home

  • Jon Emrani

    Seller's Agent in 2021

    Jon Emrani

    Marcus & Millichap

    (310) 422-8052

    1 in this area

    17 Total Sales

    Jon Emrani
    Section Image
  • Jason Tuvia

    Seller's Agent in 2018

    Jason Tuvia

    Marcus & Millichap

    (818) 212-2700

    4 in this area

    107 Total Sales

    Jason Tuvia
    Section Image
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Map

Source: The MLS

MLS Number: 20-603868

The MLS

APN: 5520-014-013

California Los Angeles County Los Angeles 90004 East Hollywood

432 N Normandie Ave, Los Angeles, CA

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