$1,100,000
PENDING

Estimated payment $6,293/month

Total Views 389
0.16 Acre
$6,845,053 Price per Acre
7,002 Sq Ft Lot

About This Lot

Property must be purchased together with the adjacent lot 5437 Lemon Grove Ave. The Highlight Group of Equity Union as the exclusive listing agent are pleased to present the opportunity to acquire 5431-5437 Lemon Grove Ave., a 13,999 square foot development site of two contiguous lots located in prime Hollywood. The site is zoned R2-1XL | TOC Tier 2 but a developer may be able to significantly increase the density through the Executive Directive 1 program (Buyer to independently verify). The lots are currently improved with a combined 5 vacant Los Angeles Rent Stabilization Ordinance units (5431 is a duplex, 5437 is a triplex).

Listing Agent

Josh Kaplan

Equity Union License #01934177 Listed on: 08/26/2024

Equity Union

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,242

Lot Details

  • 7,002 Sq Ft Lot
  • Property is zoned LAR2

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5535-008-018

Property Details

Property Type

Land

Est. Annual Taxes

$3,242

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1607
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5535-008-018
  • Lot Size Area: 7002

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

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 $3,242 $240,512 $170,733 $69,779
2024 $3,242 $235,797 $167,386 $68,411
2023 $3,190 $231,174 $164,104 $67,070
2022 $3,057 $226,642 $160,887 $65,755
2021 $3,007 $222,199 $157,733 $64,466
2020 $3,032 $219,921 $156,116 $63,805
2019 $2,925 $215,609 $153,055 $62,554
2018 $2,810 $211,382 $150,054 $61,328
2016 $2,670 $203,176 $144,228 $58,948
2015 $2,634 $200,125 $142,062 $58,063
2014 $2,658 $196,206 $139,280 $56,926
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $1,100,000 0.0% --
07/27/2024 07/27/24 Off Market $1,100,000 -- --
07/27/2024 07/27/24 For Sale $1,100,000 0.0% --
06/27/2024 06/27/24 Off Market $1,100,000 -- --
06/12/2024 06/12/24 For Sale $1,100,000 -- --
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $780,000 Fidelity National Title
Interfamily Deed Transfer -- Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,206,095 Construction
Previous Owner $250,000 Unknown
Previous Owner $161,250 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 24-403163

The MLS

APN: 5535-008-018