NOT LISTED FOR SALE

5560 Geer Ave Los Angeles, CA 90016

West Adams Neighborhood

Estimated Value: $1,602,000 - $2,538,873

2 Beds
1 Bath
816 Sq Ft
$2,541/Sq Ft Est. Value

About This Home

This home is located at 5560 Geer Ave, Los Angeles, CA 90016 and is currently estimated at $2,073,218, approximately $2,540 per square foot. 5560 Geer Ave is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Geerventure Llc
Bought by
Amir And Sherli Llc
Current Estimated Value
$2,073,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,594,000
Outstanding Balance
$1,568,371
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$402,103

Purchase Details

Closed on
Oct 30, 2022
Sold by
Obsidian Development Llc
Bought by
Geerventure Llc

Purchase Details

Closed on
Dec 3, 2021
Sold by
Obsidian Development Llc
Bought by
Obsidian Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,173,000
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 24, 2020
Sold by
Stockpile Property Ventures Llc
Bought by
Obsidian Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Amir And Sherli Llc $2,278,000 Provident Title
Geerventure Llc -- --
Obsidian Development Llc -- Provident Title Company
Obsidian Development Llc $630,000 Lawyers Title Company
Stockpile Property Ventures Llc $572,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amir And Sherli Llc $1,594,000
Previous Owner Obsidian Development Llc $1,173,000
Previous Owner Obsidian Development Llc $488,000
Previous Owner Gilmore Willie Lee $65,000
Source: Public Records

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
2024 $27,455 $2,278,000 $1,250,000 $1,028,000
2023 $31,914 $2,650,000 $650,000 $2,000,000
2022 $7,620 $642,600 $642,600 $0
2021 $7,620 $630,000 $560,000 $70,000
2020 $599 $39,023 $26,381 $12,642
2019 $582 $38,259 $25,864 $12,395
2018 $517 $37,509 $25,357 $12,152
2016 $489 $36,054 $24,373 $11,681
2015 $482 $35,513 $24,007 $11,506
2014 $494 $34,818 $23,537 $11,281
Source: Public Records

Map

California Los Angeles County Los Angeles 90016 West Adams

5560 Geer Ave, Los Angeles, CA

This home is located at 5560 Geer Ave, Los Angeles, CA 90016 and is currently estimated at $2,073,218, approximately $2,540 per square foot. 5560 Geer Ave is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

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.

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