P
Seller's Agent in 2018
Peter Strauss
Iconic Investments
4331 Burns Ave Los Angeles, CA 90029
East Hollywood Neighborhood
0.22
Acres
--
Price per Acre
9,596
Sq Ft Lot
About This Lot
As of June 2018Small Lot Subdivision Opportunity in Hollywood. The Vales is a small lot subdivision opportunity in LA's thriving Hollywood submarket. Located at 4331 Burns Ave., between Vermont Blvd. and Virgil Ave., the parcel of land is roughly 9,569 square feet and zoned LARD 1.5. While the current improvements on the property are five apartment units, a developer will have the opportunity to replace those units with six three-story single-family residences.Small lot subdivisions are the future for Los Angeles home buyers. Most buyers want to live in the City but are forced to move outside the area because of high home prices. Small lot subdivision offers a solution to this problem. Buyers can purchase a brand new modern home in the city at a cost below that of surrounding homes. Small lots are not condos. They have no shared walls and no homeowners association (HOA). The renderings provide are conceptual, plans have not been submitted to the City of Los Angeles
Last Agent to Sell the Property
Peter Strauss
Iconic Investments License #01335696 Listed on: 02/14/2018
Last Buyer's Agent
Peter Strauss
Iconic Investments License #01335696 Listed on: 02/14/2018
Property Details
Property Type
- Land
Lot Details
- 9,596 Sq Ft Lot
- Property is zoned LARD1.5
Utilities
- Phone Available
- Cable TV Available
Additional Features
- Property Views
Listing and Financial Details
- Assessor Parcel Number 5539-008-023
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Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/26/2018 06/26/18 | Sold | $1,125,000 | -16.7% | -- |
| 02/14/2018 02/14/18 | For Sale | $1,350,000 | -- | -- |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,994 | $1,280,052 | $853,369 | $426,683 |
| 2024 | $15,814 | $1,254,954 | $836,637 | $418,317 |
| 2023 | $15,515 | $1,230,348 | $820,233 | $410,115 |
| 2022 | $14,808 | $1,206,224 | $804,150 | $402,074 |
| 2021 | $14,615 | $1,182,574 | $788,383 | $394,191 |
| 2020 | $14,758 | $1,170,450 | $780,300 | $390,150 |
| 2019 | $14,187 | $1,147,500 | $765,000 | $382,500 |
| 2018 | $1,634 | $97,334 | $56,854 | $40,480 |
| 2016 | $1,518 | $93,557 | $54,648 | $38,909 |
| 2015 | $1,501 | $92,153 | $53,828 | $38,325 |
| 2014 | $1,541 | $90,349 | $52,774 | $37,575 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: The MLS
MLS Number: 18-314342
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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