NOT LISTED FOR SALE

Estimated Value: $1,330,000 - $1,503,800

0.17 Acre
$8,431,765 Price per Acre
7,500 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $1,300,000

Est. 12% increase in value since last sale

Current estimated payment $9,092/month

15 Days on Market

About This Lot

As of May 2023

Developer's Dream on the Market!!!! Lot 7,500 SF and zoned in R4-1, TOC TIER 3, and Qualified Opportunity Zone with Potential Tax Benefits[Buyer and Buyer's agent are advised to consult with accountant and do own due diligence].Discover endless opportunities at 744 S Carondelet St, a prime vacant lot located in the heart of Los Angeles. With its desirable location between W 7th St and W 8th St on S Carondelet St, this lot presents a rare investment opportunity in one of the city's most vibrant neighborhoods. This lot offers the flexibility to build your dream development in a high-density area with access to major transportation hubs, shopping, dining, and entertainment options. Easy access to the I-10, I-110, and US-101 Freeways. Don't miss out on this exceptional investment opportunity, make 744 S Carondelet St yours today.

Last Agent to Sell the Property

Daniel Chung

GAIA License #02187694 Listed on: 02/01/2023

Co-Listed By

Jessica Shin

GAIA License #02073348

Last Buyer's Agent

Bruce Lavi

Keller Williams Realty-Studio City License #01482721

Keller Williams Realty-Studio City

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,269

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned LAR4

Additional Features

  • City Lights Views
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 5141-015-019

Property Details

Property Type

Land

Est. Annual Taxes

$16,269

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1722
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, City Lights
  • View: Yes

Utilities

  • Cable: No
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5141-015-019
  • Lot Location: Alley Access
  • Lot Size Area: 7500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2023
Sold by
Evelyn 26 Llc
Bought by
Shaool Ben
Current Estimated Value
$1,451,950

Purchase Details

Closed on
Feb 22, 2023
Sold by
Elad Investment Llc
Bought by
Evelyn 26 Llc

Purchase Details

Closed on
Jun 22, 2022
Sold by
Treasurer And Tax Collector Of Los Angel
Bought by
Elad Investment Llc

Purchase Details

Closed on
Nov 2, 2006
Sold by
Czaja Investment Partners
Bought by
Carondelet Investment Co Llc
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
Shaool Ben -- Old Republic Title Company
Evelyn 26 Llc $1,300,000 Orange Coast Title Company
Elad Investment Llc $850,068 None Listed On Document
Carondelet Investment Co Llc $2,055,726 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $1,300,000 -5.5% --
02/16/2023 02/16/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $1,375,000 -- --
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 $16,269 $1,326,000 $1,326,000 --
2024 $16,269 $1,300,000 $1,300,000 --
2023 $16,268 $1,300,000 $1,300,000 $0
2022 $15,392 $1,262,509 $1,262,509 $0
2021 $15,220 $1,237,754 $1,237,754 $0
2019 $14,777 $1,201,043 $1,201,043 $0
2018 $14,610 $1,177,494 $1,177,494 $0
2016 $13,957 $1,131,771 $1,131,771 $0
2015 $13,755 $1,114,771 $1,114,771 $0
2014 $13,792 $1,092,935 $1,092,935 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-237697

The MLS

APN: 5141-015-019