$799,000
SOLD OCT 30, 2024
3 Beds
-- Bath
1,436 Sq Ft
8,911 Sq Ft Lot

Recently Sold

$556 Per Sq Ft

47 Days on Market

About This Home

As of October 2024

Don’t miss out on this one-of-a-kind opportunity in the historic Park Mesa Heights neighborhood of Los Angeles! This R3-zoned, oversized multifamily lot is a true diamond in the rough. With zoning allowing for the construction of a three-story, 10-unit building, the potential is immense. Alternatively, you can restore the charm of the existing Spanish-style property and still have room to build an ADU or even an additional single-family residence.
The location is unbeatable, with close access to SoFi Stadium, the new Clippers arena, shops, restaurants, Hollywood Park Casino, and freeways. This property is a rare blend of history and modern convenience. Schedule a showing today!

Last Agent to Sell the Property

Jamie Goodman

RE/MAX CHAMPIONS Brokerage Phone: 323-535-7084 License #02182592 Listed on: 09/12/2024

RE/MAX CHAMPIONS

Co-Listed By

KAREEM GATES

RE/MAX CHAMPIONS Brokerage Phone: 323-535-7084 License #01395282

RE/MAX CHAMPIONS

Last Buyer's Agent

KAREEM GATES

RE/MAX CHAMPIONS Brokerage Phone: 323-535-7084 License #01395282

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $983

Year Built

  • Built in 1932

Lot Details

  • 8,911 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 3 Bedrooms
  • 1,436 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Listing and Financial Details

  • Tax Lot 4006
  • Tax Tract Number 4006
  • Assessor Parcel Number 4006008020
  • Seller Considering Concessions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$983

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 3235357084
  • Price Per Unit: 799000
  • Property Attached: No
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 4006008020
  • Year Built: 1932
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: 1st
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 556.41

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8911.00
  • Lot Size Acres: 0.2046

Rental Info

  • Tenant Pays: None

Multi Family

  • Lot Size Area: 8911.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 4006
  • Tax Tract Number: 4006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Dec 9, 2024
Sold by
Drh Re Group Llc
Bought by
South Coast Builders Llc
Seller's Agent
Jamie Goodman
RE/MAX CHAMPIONS
Buyer's Agent
KAREEM GATES
RE/MAX CHAMPIONS
List Price
$799,000
Sold Price
$799,000
Views
16
Current Estimated Value
$851,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,483
Avg. Annual Appreciation
7.05%
Original Mortgage
$675,500
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 1998
Sold by
Mendes Charles E
Bought by
Mendes Charles Edward and Mendes Dorothy Mae
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $965,000 Orange Coast Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $675,500 New Conventional
Previous Owner $675,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $799,000 -0.7% $556 / Sq Ft
10/29/2024 10/29/24 Sold $805,000 +0.8% $561 / Sq Ft
10/16/2024 10/16/24 For Sale $799,000 0.0% $556 / Sq Ft
10/07/2024 10/07/24 For Sale $799,000 0.0% $557 / Sq Ft
09/22/2024 09/22/24 Off Market $799,000 -- --
09/22/2024 09/22/24 Off Market $805,000 -- --
09/12/2024 09/12/24 For Sale $799,000 0.0% $556 / Sq Ft
09/12/2024 09/12/24 For Sale $799,000 -- $557 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $983 $56,412 $30,971 $25,441
2023 $974 $55,307 $30,364 $24,943
2022 $944 $54,223 $29,769 $24,454
2021 $922 $53,161 $29,186 $23,975
2019 $901 $51,586 $28,321 $23,265
2018 $761 $50,575 $27,766 $22,809
2016 $714 $48,613 $26,689 $21,924
2015 $706 $47,884 $26,289 $21,595
2014 $720 $46,947 $25,775 $21,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24190480

California Regional Multiple Listing Service (CRMLS)

APN: 4006-008-020