701 W 112th St Los Angeles, CA 90044
Vermont Vista NeighborhoodEstimated payment $4,666/month
Highlights
- City View
- 0.24 Acre Lot
- Corner Lot
About This Lot
The possibilities of this Westmont property are seemingly endless, ideal for owner/occupants, income property potential, and development opportunities, with an almost-quarter-acre lot. Northwest of the intersection of the 110 and 105 Freeways, this well-positioned site is close to both private and public transportation corridors. Centrally located, a fifteen-minute drive in any direction will get you a lot of places: Dockweiler Beach, SoFi Stadium, Intuit Dome, USC, The Memorial Coliseum, downtown LA, or downtown Long Beach, and any number of entertainment venues, retail centers, and employment hubs throughout the city. The Harbor Transitway is less than ¾ of a mile away, providing easy access to all destinations north and south, from El Monte to San Pedro, with Union Station in between. The Metro C Line is a half-mile away, with east/west train service from Norwalk to the new LAX/Metro Transit Center, and easy access to the airport. A perfect place for an aspirational owner/occupant to start, this charming, well-maintained 1930s bungalow has many original details intact: custom built-ins, vintage tile, wood-burning fireplace, and mature landscaping cultivated by the current owner. From there, Senate Bill 9 (SB 9) allows for many options to increase density on this single-family residential lot, including up to four units now (and undoubtedly more units later), with various combinations of single-family homes, duplexes, accessory dwelling units, and junior ADUs, in addition to legal lot split. This potential allows for both slow growth on the site over time, or immediate speculative development, making this property a highly attractive asset to both the small-scale homeowner and the large-scale investor.
Listing Agent
Compass RE Texas, LLC Brokerage Phone: (310) 592-5417 License #0596781 Listed on: 06/10/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,536
Lot Details
- 10,629 Sq Ft Lot
- Lot Dimensions are 57 x 187
- Corner Lot
- Tear Down
Parking
- 1 Car Garage
Utilities
- Natural Gas Connected
- Phone Available
- Cable TV Available
Additional Features
- City Views
- City Lot
Community Details
- Westmont Subdivision
Listing and Financial Details
- Assessor Parcel Number 6075-007-020
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,536 | $348,169 | $278,537 | $69,632 |
| 2023 | $4,456 | $341,343 | $273,076 | $68,267 |
| 2022 | $4,262 | $334,651 | $267,722 | $66,929 |
| 2021 | $4,205 | $328,090 | $262,473 | $65,617 |
| 2019 | $4,086 | $318,361 | $254,689 | $63,672 |
| 2018 | $4,004 | $312,120 | $249,696 | $62,424 |
| 2016 | $3,829 | $300,000 | $240,000 | $60,000 |
| 2015 | $3,636 | $283,816 | $232,586 | $51,230 |
| 2014 | $3,660 | $278,257 | $228,030 | $50,227 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2025 06/19/25 | Price Changed | $775,000 | -8.8% | $636 / Sq Ft |
| 06/10/2025 06/10/25 | For Sale | $850,000 | +183.3% | $698 / Sq Ft |
| 12/21/2015 12/21/15 | Sold | $300,000 | +5.3% | $246 / Sq Ft |
| 11/13/2015 11/13/15 | Pending | -- | -- | -- |
| 11/02/2015 11/02/15 | For Sale | $285,000 | +42.5% | $234 / Sq Ft |
| 02/15/2013 02/15/13 | Sold | $200,000 | -5.7% | $164 / Sq Ft |
| 12/21/2012 12/21/12 | Pending | -- | -- | -- |
| 12/21/2012 12/21/12 | For Sale | $212,000 | -- | $174 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $300,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $200,000 | Servicelink | |
| Trustee Deed | $137,800 | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $441,600 | New Conventional | |
| Closed | $400,000 | New Conventional | |
| Closed | $360,000 | New Conventional | |
| Closed | $270,000 | New Conventional | |
| Previous Owner | $196,377 | FHA | |
| Previous Owner | $204,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $167,000 | New Conventional | |
| Previous Owner | $140,000 | Unknown | |
| Previous Owner | $10,000 | Credit Line Revolving | |
| Previous Owner | $115,600 | No Value Available |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4669340
APN: 6075-007-020
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