NOT LISTED FOR SALE

5750 Lexington Ave Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $1,043,000 - $6,391,188

0.17 Acre
$23,206,253 Price per Acre
7,500 Sq Ft Lot

Last Sold January 05, 2018

Last sale price $1,200,000 $391 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $26,182/month

51 Days on Market

Highlights

  • Views
  • STEM Academy at Bernstein High Rated A-
  • 1-minute walk to Seily Rodriguez Park

About This Lot

As of January 2018

Back to market, Buyer do not perform. Developer Dream, Sale as land value. LAR-3, Small lot development. Br right can be built up to 9 units, with Density bonus can build more, please verify with the city. Broker, seller have not verified. Drive by only. Property will be delivered with the tenants at closing of escrow. Buyer to cooperate with 1031 tax deferred exchange at no cost to buyer. Please contact broker for more details.

Last Agent to Sell the Property

Sam Nakorn

Keller Williams Glendale License #00987926 Listed on: 08/19/2017

Keller Williams Glendale

Last Buyer's Agent

Sam Nakorn

Keller Williams Glendale License #00987926 Listed on: 08/19/2017

Keller Williams Glendale

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $61,953

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned LAR3

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5536-006-024

Property Details

Property Type

Land

Est. Annual Taxes

$61,953

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Probate: No
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Rent Control
  • Horses: No
  • Assessor Parcel Number: 5536-006-024
  • Geocode Override: No
  • Lot Size Area: 7500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2020
Sold by
Edenrock Lexington Llc
Bought by
5750 Lexington Property Llc
Current Estimated Value
$3,945,063

Purchase Details

Listed on
Aug 19, 2017
Closed on
Dec 11, 2017
Sold by
Kraikittikun Kriengsak and Kraikittikun Phoonsi T
Bought by
Edenrock Lexington Llc
Seller's Agent
Sam Nakorn
Keller Williams Glendale
Buyer's Agent
Sam Nakorn
Keller Williams Glendale
List Price
$1,100,000
Sold Price
$1,200,000
Premium/Discount to List
$100,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.50%

Purchase Details

Closed on
Dec 17, 2013
Sold by
Kraikittikun Kriengsak and Kraikittikun Phoonsi
Bought by
Kraikittikun Kriengsak and Kraikittikun Phoonsi T

Purchase Details

Closed on
Jun 8, 2009
Sold by
Us Bank National Association
Bought by
Kraikittikun Kriengsak and Kraikittikun Phoonsi

Purchase Details

Closed on
Jan 11, 2008
Sold by
Valenzuela Raul N and Valenzuela Corazon N
Bought by
Us Bank Na and Home Equity Asset Trust 2006-7 Home Equi

Purchase Details

Closed on
May 19, 2003
Sold by
Valenzuela Corazon N and Salazar Corazon N
Bought by
Valenzuela Raul N and Valenzuela Corazon N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Inza Cruz Delfin L and Inza Cruz Liberty E
Bought by
Salazar Corazon N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,811
Interest Rate
6.86%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
5750 Lexington Property Llc $2,934,000 Fidelity National Title Co
Edenrock Lexington Llc $1,200,000 First American Title Company
Kraikittikun Kriengsak -- None Available
Kraikittikun Kriengsak $490,000 Lsi Title Company Ca
Us Bank Na $852,335 None Available
Valenzuela Raul N -- Security Union Title
Salazar Corazon N $287,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5750 Lexington Property Llc $3,325,000
Previous Owner Edenrock Lexington Llc $2,850,000
Previous Owner Valenzuela Raul N $811,750
Previous Owner Valenzuela Raul N $665,000
Previous Owner Valenzuela Raul N $500,000
Previous Owner Valenzuela Raul N $357,000
Previous Owner Salazar Corazon N $282,811
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $1,200,000 0.0% $391 / Sq Ft
01/05/2018 01/05/18 Sold $1,200,000 +9.1% $391 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
10/09/2017 10/09/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $1,100,000 0.0% $358 / Sq Ft
10/09/2017 10/09/17 For Sale $1,100,000 -8.3% $358 / Sq Ft
09/29/2017 09/29/17 Off Market $1,200,000 -- --
09/29/2017 09/29/17 Off Market $1,200,000 -- --
08/19/2017 08/19/17 For Sale $1,100,000 0.0% $358 / Sq Ft
08/01/2017 08/01/17 For Sale $1,100,000 -- $358 / 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 $61,953 $5,190,644 $1,219,414 $3,971,230
2024 $61,953 $5,088,867 $1,195,504 $3,893,363
2023 $60,745 $4,989,086 $1,172,063 $3,817,023
2022 $57,904 $3,725,500 $1,149,082 $2,576,418
2021 $43,337 $3,652,451 $1,126,551 $2,525,900
2020 $15,393 $1,248,480 $1,248,480 $0
2019 $14,783 $1,224,000 $1,224,000 $0
2018 $7,066 $555,878 $328,990 $226,888
2016 $6,740 $534,295 $316,216 $218,079
2015 $6,645 $526,271 $311,467 $214,804
2014 $6,693 $515,963 $305,366 $210,597
Source: Public Records

Agents Affiliated with this Home

  • Sam Nakorn

    Seller's Agent in 2018

    Sam Nakorn

    Keller Williams Glendale

    (818) 445-7300

    12 Total Sales

    Sam Nakorn
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Map

Source: The MLS

MLS Number: 17-262668

The MLS

APN: 5536-006-024

California Los Angeles County Los Angeles 90038 Hollywood

5750 Lexington Ave, Los Angeles, CA

This home is located at 5750 Lexington Ave, Los Angeles, CA 90038 since 19 August 2017 and is currently estimated at $3,945,063, approximately $1,284 per square foot. 5750 Lexington Ave is a home located in Los Angeles County with nearby schools including Joseph Le Conte Middle School, STEM Academy at Bernstein High, and Helen Bernstein High School.

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