NOT LISTED FOR SALE

531 N Poinsettia Place Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,901,000 - $2,304,473

0.17 Acre
$12,135,314 Price per Acre
7,360 Sq Ft Lot

Last Sold March 13, 2024

Last sale price $1,800,000 $802 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $13,290/month

93 Days on Market

Highlights

  • Views
  • Fenced
  • Level Lot

About This Lot

As of March 2024

Attention developers, investors, end users, here is an opportunity to own a prime vacant lot that is READY TO BUILD, complete with approved plans and permits! This is your chance to create a stunning approximately 4,500 sf, 2-story single family home with an attached 2 car garage and a luxurious pool/spa. Start construction without delays! Great location near The Grove, restaurants, and more. Within close proximity to amenities and house of worships. A perfect opportunity to make it a dream home.

Last Agent to Sell the Property

Dafna Milstein

Keller Williams Beverly Hills License #01261623 Listed on: 11/25/2023

Keller Williams Beverly Hills

Co-Listed By

Gregg Silver

Keller Williams Beverly Hills License #01391871

Last Buyer's Agent

Edan Amar

Christie's International Real Estate SoCal License #01856096

Christie's International Real Estate SoCal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,816

Lot Details

  • 7,360 Sq Ft Lot
  • Lot Dimensions are 50 x 147
  • Fenced
  • Level Lot
  • Property is zoned LAR1

Utilities

  • Sewer in Street

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5526-022-010

Property Details

Property Type

Land

Est. Annual Taxes

$21,816

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1690
  • Lot Dimensions: 50 x 147
  • Probate: No
  • Survey: Survey Done
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Public Street: Yes
  • Street Description: Asphalt
  • Street Lights: Yes
  • View: Yes

Utilities

  • Cable: No
  • Gas: On Site
  • Sewer: In Street
  • Telephone: No
  • Water: Public

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5526-022-010
  • Lot Description: Fenced
  • Lot Location: Flats
  • Lot Size Area: 7360
  • Potential Usage: SFR with ADU
  • Present Use: Vacant Lot
  • Site Decription: Flats
  • Staked: Yes
  • Topography: Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2023
Closed on
Feb 28, 2024
Sold by
4765 Whittier Re Holdings Llc
Bought by
Eisenberg Roei
Seller's Agent
Dafna Milstein
Keller Williams Beverly Hills
Buyer's Agent
Edan Amar
Christie's International Real Estate SoCal
List Price
$1,975,000
Sold Price
$1,800,000
Premium/Discount to List
-$175,000
-8.86%
Views
11
Current Estimated Value
$2,095,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,377
Avg. Annual Appreciation
3.21%

Purchase Details

Listed on
Jul 15, 2022
Closed on
Nov 8, 2022
Sold by
Barry Agalar Family Trust
Bought by
4765 Whittier Re Holdings Llc
Seller's Agent
Sheri Bienstock
The Bienstock Group
Buyer's Agent
Sheri Bienstock
The Bienstock Group
List Price
$2,100,000
Sold Price
$1,750,000
Premium/Discount to List
-$350,000
-16.67%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%

Purchase Details

Closed on
Apr 19, 2022
Sold by
Hibiscus Trust
Bought by
Barry Agalar Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,875,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2021
Sold by
Chait Mary Ann and Chait Isadore M
Bought by
Braunstein George and Hibiscus Trust

Purchase Details

Closed on
Oct 15, 2020
Sold by
Chait Isadore M and Chait Mary Ann
Bought by
Chait Isadore M and Chait Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2014
Sold by
Chait Jacob
Bought by
Mary Isadore M and Mary Ann Chait Revocab

Purchase Details

Closed on
Jun 3, 2013
Sold by
Chait Isadore M
Bought by
Chait Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013
Sold by
Chait Isadore M
Bought by
Chait Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2010
Sold by
Chait Isadore M and Chait Mary Ann
Bought by
Chait Isadore M and Chait Mary Ann

Purchase Details

Closed on
Apr 4, 2010
Sold by
Chait Isadore M
Bought by
Chait Isadore M and Chait Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2010
Sold by
Chait Jacob
Bought by
Chait Jacob A and Chait Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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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
Eisenberg Roei $1,800,000 Wfg Title Company
4765 Whittier Re Holdings Llc $1,750,000 Provident Title
Barry Agalar Family Trust $2,500,000 Provident Title
Braunstein George -- None Available
Chait Isadore M -- Usa National Title Co
Mary Isadore M -- None Available
Chait Jacob -- Title 365
Chait Jacob -- Title 365
Chait Isadore M -- None Available
Chait Isadore M -- None Available
Chait Isadore M -- None Available
Chait Jacob A -- Provident Title
Chait Jacob -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barry Agalar Family Trust $1,875,000
Previous Owner Chait Isadore M $500,000
Previous Owner Chait Jacob $533,850
Previous Owner Chait Jacob $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $1,800,000 -8.9% $802 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
11/25/2023 11/25/23 For Sale $1,975,000 +12.9% $880 / Sq Ft
11/18/2022 11/18/22 Sold $1,750,000 0.0% $780 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/21/2022 10/21/22 Price Changed $1,750,000 -7.7% $780 / Sq Ft
09/19/2022 09/19/22 Price Changed $1,895,000 -2.6% $844 / Sq Ft
08/03/2022 08/03/22 Price Changed $1,945,000 -2.5% $867 / Sq Ft
07/26/2022 07/26/22 Price Changed $1,995,000 -5.0% $889 / Sq Ft
07/15/2022 07/15/22 For Sale $2,100,000 -- $936 / 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 $21,816 $1,836,000 $1,836,000 --
2024 $21,816 $1,785,000 $1,020,000 $765,000
2023 $21,394 $1,750,000 $1,000,000 $750,000
2022 $23,224 $1,958,000 $1,758,000 $200,000
2021 $1,360 $83,064 $56,818 $26,246
2019 $1,327 $80,602 $55,134 $25,468
2018 $1,230 $79,022 $54,053 $24,969
2016 $1,157 $75,955 $51,955 $24,000
2015 $1,143 $74,815 $51,175 $23,640
2014 $1,164 $73,350 $50,173 $23,177
Source: Public Records

Agents Affiliated with this Home

  • Dafna Milstein

    Seller's Agent in 2024

    Dafna Milstein

    Keller Williams Beverly Hills

    (310) 867-5598

    1 in this area

    77 Total Sales

    Section Image

  • G

    Seller Co-Listing Agent in 2024

    Gregg Silver

    Keller Williams Beverly Hills

    (310) 432-6400

    1 in this area

    25 Total Sales

    Section Image
  • Edan Amar

    Buyer's Agent in 2024

    Edan Amar

    Christie's International Real Estate SoCal

    (310) 920-7800

    9 in this area

    49 Total Sales

    Section Image
  • Sheri Bienstock

    Seller's Agent in 2022

    Sheri Bienstock

    The Bienstock Group

    (323) 310-2525

    40 in this area

    215 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 23-335037

The MLS

APN: 5526-022-010

California Los Angeles County Los Angeles 90036 Melrose

531 N Poinsettia Place, Los Angeles, CA

This home is located at 531 N Poinsettia Place, Los Angeles, CA 90036 since 25 November 2023 and is currently estimated at $2,050,868, approximately $913 per square foot. 531 N Poinsettia Place is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Yeshiva Rav Isacsohn / Torath Em.

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 MLS © 2025 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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