NOT LISTED FOR SALE

Estimated Value: $591,000 - $829,000

0.09 Acre
$7,620,537 Price per Acre
3,814 Sq Ft Lot

Last Sold October 04, 2019

Last sale price $450,000 $574 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,072/month

117 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Rectangular Lot
  • North Hollywood Senior High School Rated A

About This Lot

As of October 2019

Golden opportunity, North Hollywood lot... commercial lot in North Hollywood, this lot is zoned C-2 which allow you to build the entire lot, no set backs require if commercial....now, you can also build units, that's right it could be develop as R-4. According to LADBS, If use for residential purposes, as R-4, you don't need a front yard set back, you can build up to 3 stories and over 5500 sq. ft. The lot is shy the 4000 sq. ft. but the potential is huge!!! Now you can also build a mix of commercial first story with residential upper levels.
Location is an A+, between the famous NoHo District and the NEW upcoming NoHo West. This is the opportunity you have been waiting!!!
FYI 4 unit property across the street just sold for 2.1M

Last Agent to Sell the Property

Edgar Castro

Park Regency Realty License #01411804 Listed on: 05/31/2019

Park Regency Realty

Last Buyer's Agent

Jim Sandoval

Park Regency Realty License #01726729

Park Regency Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,354

Lot Details

  • 3,814 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Tear Down
  • Property is zoned LAC2

Location

  • Property is near public transit

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Tract Number 1232
  • Assessor Parcel Number 2320013021

Property Details

Property Type

Land

Est. Annual Taxes

$8,354

Lot Details

0

Listing Details

  • View: No
  • Zoning: LAC2
  • Property Type: Land
  • Parcel Number: 2320013021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 117.99

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot, Level, Near Public Transit, Tear Down
  • Lot Size Sq Ft: 3814.00
  • Lot Size Acres: 0.0876

Multi Family

  • Lot Size Area: 3814.0000 Square Feet

Tax Info

  • Tax Tract Number: 1232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2023
Sold by
Hollywood Irvine Llc
Bought by
Jazmin2 Llc
Current Estimated Value
$611,231

Purchase Details

Closed on
Jun 23, 2021
Sold by
Chigua Edgar
Bought by
Hollywood Irvine Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2019
Sold by
Chigua Edgar
Bought by
Chigua Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
May 31, 2019
Closed on
Sep 17, 2019
Sold by
Castro Gretell and Castro Edgar
Bought by
Chigua Edgar
Seller's Agent
Edgar Castro
Park Regency Realty
Buyer's Agent
Jim Sandoval
Park Regency Realty
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$337,500
Interest Rate
3.4%

Purchase Details

Closed on
Apr 1, 2019
Sold by
Castro Edgar and Castro Gretell
Bought by
Castro Gretell and Castro Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2018
Sold by
Petrie Brian Kent
Bought by
Castro Edgar and Castro Gretell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2017
Sold by
Petrie Brian Kent
Bought by
Petrie Brian K and Brian Petrie Trust

Purchase Details

Closed on
Mar 20, 2006
Sold by
Petrie Bruce K
Bought by
Petrie Bruce Kerwin and The Bruce Kerwin Petrie Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jazmin2 Llc -- None Listed On Document
Hollywood Irvine Llc -- Stewart Title
Chigua Edgar -- Usa National Title Co Inc
Chigua Edgar $450,000 Lawyers Title
Castro Gretell -- Lawyers Title Company
Castro Edgar $300,000 Lawyers Title
Petrie Brian K -- None Available
Petrie Bruce Kerwin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hollywood Irvine Llc $640,000
Previous Owner Chigua Edgar $50,000
Previous Owner Chigua Edgar $620,000
Previous Owner Chigua Edgar $337,500
Previous Owner Castro Gretell $350,000
Previous Owner Castro Edgar $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2019 10/04/19 Sold $450,000 -21.7% $574 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $575,000 -- $733 / 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
2025 $8,354 $725,220 $725,220 --
2024 $8,354 $678,340 $416,160 $262,180
2023 $8,193 $665,040 $408,000 $257,040
2022 $7,810 $652,000 $400,000 $252,000
2021 $6,319 $520,562 $404,144 $116,418
2020 $5,571 $450,000 $400,000 $50,000
2019 $6,453 $535,000 $435,000 $100,000
2018 $1,387 $106,726 $87,495 $19,231
2016 $1,317 $102,584 $84,099 $18,485
2015 $1,299 $101,044 $82,836 $18,208
2014 $1,312 $99,066 $81,214 $17,852
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19127937

California Regional Multiple Listing Service (CRMLS)

APN: 2320-013-021