L
Seller's Agent in 2024
LINDY FONG
TRANSPAC INVESTMENT CO.
(909) 839-3868
6 Total Sales
490 Solano Ave Los Angeles, CA 90012
Estimated Value: $1,125,000 - $1,297,000
3
Beds
1.5
Baths
1,876
Sq Ft
$666/Sq Ft
Est. Value
Highlights
- View of Hills
- No HOA
- Bathtub
- Solano Avenue Elementary Rated A-
- Front Porch
- 4-minute walk to Buena Vista Hill Elysian Park
About This Home
As of August 2024Great investment opportunity within the Elysian Park’s historic Solano Canyon, conveniently located just south of Dodger Stadium, east of China town and north of Downtown. You are greeted with a view of Buena Vista Hill from the front porch entrance which leads into the main floor to a welcoming foyer. This 3-bedrooms 1 1⁄2 bath is situated about a block from L.A. Historic Park, Solano Community Garden, Solano Avenue Elementary School, the L.A. River, and the 110 freeway on ramp. The home features a formal living and dining room, family room for entertainment, a kitchen, laundry area and a 1⁄2 bath at the end of the main floor hallway. The stairway to the 2nd level leads to 3 bedrooms and a full bath. (tax record shows 1 full bath) No off-street parking however, this is a great opportunity to turn this excellent R2 zoned 5,837 sq ft lot into a great investment property. Property is sold as-is condition. Seller will not provide any repairs. Property will not qualify for standard conventional loan. This is a probate sale, no court confirmation required. The seller will entertain all offers. All information is deemed accurate and to the best of the seller’s knowledge. The buyer and buyer’s agent do your diligently to verify all information.
Last Agent to Sell the Property
TRANSPAC INVESTMENT CO. Brokerage Phone: 909-839-3868 License #01207239 Listed on: 06/27/2024
Last Buyer's Agent
TRANSPAC INVESTMENT CO. Brokerage Phone: 909-839-3868 License #01207239 Listed on: 06/27/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1922
Lot Details
- 5,837 Sq Ft Lot
- Paved or Partially Paved Lot
- Property is zoned LAR2
Property Views
- Hills
- Neighborhood
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,876 Sq Ft Home
- 2-Story Property
- Entrance Foyer
- Separate Family Room
- Living Room
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Bathtub
Outdoor Features
- Patio
- Front Porch
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 4
- Assessor Parcel Number 5414023011
- $375 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 27, 2024
Closed on
Aug 20, 2024
Sold by
Wong Pui Yin and Wong Chan Hon
Bought by
Mid Investment Corp
Seller's Agent
LINDY FONG
TRANSPAC INVESTMENT CO.
Buyer's Agent
LINDY FONG
TRANSPAC INVESTMENT CO.
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Views
47
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
$549,896
Avg. Annual Appreciation
53.15%
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mid Investment Corp | $700,000 | Wfg National Title |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/26/2024 08/26/24 | Sold | $700,000 | -12.5% | $373 / Sq Ft |
| 06/27/2024 06/27/24 | For Sale | $800,000 | -- | $426 / 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 | $1,231 | $700,000 | $362,000 | $338,000 |
| 2024 | $1,231 | $78,294 | $48,039 | $30,255 |
| 2023 | $1,212 | $76,760 | $47,098 | $29,662 |
| 2022 | $1,164 | $75,256 | $46,175 | $29,081 |
| 2021 | $1,140 | $73,781 | $45,270 | $28,511 |
| 2019 | $1,110 | $71,594 | $43,928 | $27,666 |
| 2018 | $1,044 | $70,191 | $43,067 | $27,124 |
| 2016 | $977 | $67,468 | $41,396 | $26,072 |
| 2015 | $965 | $66,456 | $40,775 | $25,681 |
| 2014 | $976 | $65,155 | $39,977 | $25,178 |
Source: Public Records
Agents Affiliated with this Home
-
LINDY FONG
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS24129353
APN: 5414-023-011
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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