NOT LISTED FOR SALE

Estimated Value: $1,387,143 - $1,611,000

0.11 Acre
$13,405,838 Price per Acre
4,831 Sq Ft Lot

Last Sold October 23, 2014

Last sale price $800,000 $754 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,063/month

27 Days on Market

About This Lot

As of October 2014

Multiple possibilities to either developed this property into a triplex or duplex or just refurbished the original home. Excellent location for this lot zoned (LARD1.5) for multiple units. 3 bedrooms 1 bath. 2 car garage with possible alley access behind the property. Buy this property and the one next door and you have an opportunity to own and development 6 units on 2 side by side lots in the heart of Westchester. Just down the street from Loyola Marymount University and across the street from Westchester Recreation Center. Only minutes to Marina De Rey and the beach This fixer upper can be someone's project or tear down and development. Property next door is also available at 7126 W 85th Street. Property is sold in "as is" condition.

Last Agent to Sell the Property

Donald Quinn

Seven Gables Real Estate License #00759961 Listed on: 07/18/2014

Seven Gables Real Estate

Last Buyer's Agent

Avan Gangapuram

Laksh Investments & Consulting, Inc. License #01901735

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,454

Lot Details

  • 4,831 Sq Ft Lot
  • Property is zoned LARD1.5

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4113013021

Property Details

Property Type

Land

Est. Annual Taxes

$11,454

Lot Details

0

Listing Details

  • Road Surface Type: Paved
  • View: No
  • Zoning: LARD1.5
  • Property Type: Land
  • Parcel Number: 4113013021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 165.60

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 4831.00
  • Lot Size Acres: 0.1110

Multi Family

  • Lot Size Area: 4831.0000 Square Feet

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2018
Sold by
Sreepathi Sukshma
Bought by
Sreepathi Ashok R and Sreepathi Sukshma R
Current Estimated Value
$1,488,048

Purchase Details

Listed on
Jul 18, 2014
Closed on
Oct 21, 2014
Sold by
Sripathi Praveena
Bought by
Sripathi Madhukumar Reddy
Seller's Agent
Donald Quinn
Seven Gables Real Estate
Buyer's Agent
Avan Gangapuram
Laksh Investments & Consulting, Inc.
List Price
$839,900
Sold Price
$800,000
Premium/Discount to List
-$39,900
-4.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%

Purchase Details

Listed on
Jul 18, 2014
Closed on
Oct 9, 2014
Sold by
Sreepathi Ashok
Bought by
Sreepathi Sukshma
Seller's Agent
Donald Quinn
Seven Gables Real Estate
Buyer's Agent
Avan Gangapuram
Laksh Investments & Consulting, Inc.
List Price
$839,900
Sold Price
$800,000
Premium/Discount to List
-$39,900
-4.75%

Purchase Details

Listed on
Jul 18, 2014
Closed on
Aug 27, 2014
Sold by
Cooper David Lee and Cooper Laura Lynn
Bought by
Sreepathi Sukshma and Ali Sajid
Seller's Agent
Donald Quinn
Seven Gables Real Estate
Buyer's Agent
Avan Gangapuram
Laksh Investments & Consulting, Inc.
List Price
$839,900
Sold Price
$800,000
Premium/Discount to List
-$39,900
-4.75%

Purchase Details

Closed on
Dec 8, 2007
Sold by
Brandt Laura Lynn and Brandt Trust
Bought by
Cooper David Lee and Cooper Laura Lynn

Purchase Details

Closed on
Nov 12, 2002
Sold by
Brandt Laura Lynn and Brandt Trust
Bought by
Brandt Laura Lynn and Brandt Trust

Purchase Details

Closed on
Dec 8, 1993
Sold by
Brandt Marina A
Bought by
Brandt Marina A
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
Sreepathi Ashok R -- None Available
Sripathi Madhukumar Reddy -- Orange Coast Title
Sreepathi Sukshma -- Orange Coast Title Company
Sreepathi Sukshma $1,600,000 Orange Coast Title Company
Cooper David Lee -- None Available
Brandt Laura Lynn -- --
Brandt Marina A -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2014 10/23/14 Sold $800,000 -4.8% $754 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
07/18/2014 07/18/14 For Sale $839,900 -- $792 / 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 $11,454 $960,270 $841,290 $118,980
2024 $11,454 $941,443 $824,795 $116,648
2023 $11,233 $922,984 $808,623 $114,361
2022 $10,760 $904,887 $792,768 $112,119
2021 $10,587 $887,145 $777,224 $109,921
2020 $10,698 $878,049 $769,255 $108,794
2019 $10,269 $860,833 $754,172 $106,661
2018 $10,156 $843,955 $843,955 $0
2016 $9,841 $812,199 $811,184 $1,015
2015 $9,697 $800,000 $799,000 $1,000
2014 $1,119 $77,551 $47,577 $29,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14153968

California Regional Multiple Listing Service (CRMLS)

APN: 4113-013-021