Seller's Agent in 2024
Frank Evanisko
Evanisko Realty & Investment
(818) 985-9700
1 in this area
13 Total Sales
7801 Otis Ave Cudahy, CA 90201
2.2
Acres
--
Price per Acre
95,832
Sq Ft Lot
Highlights
- City Lights View
- 2.2 Acre Lot
- No HOA
- Bell High School Rated A-
- Property is near a park
- 3-minute walk to Lugo Park
About This Lot
As of September 2024The Urban Acres Development Site. Un-Entitled. Un-Remediated. We are seeking an as-is purchaser with both capital and patience to take advantage of this timely opportunity.
On behalf of the Seller, Evanisko Realty has filed a master entitlement application with site plan (thank you to Ziese Architecture for the site plan assist) in the City of Cudahy for Initial Development Review to gain formalized departmental feedback on the execution of a 50 unit attached for-sale townhome development concept. This is a concept executable under today’s zoning.
The City’s response letter was received on 3/6/24 with commentary affirmative in nature.
The project concept contemplates attached 3-story units, the use of tandem garages for many of the units, and the utilization of 50% State bonus density. The project concept includes five low-income units (at VL rate) which satiates both state bonus density and City of Cudahy inclusionary requirements.
The site will require environmental remediation involving the removal and disposal of soils above residential screening levels for various metals. An actual budget to remediate will be codified when a formal Remediation Action Plan (RAP) is approved by the applicable governing agency (likely DTSC in this case). A detailed synopsis of the scope, anticipated process, and estimated cost to reach environmental closure is included in the project brochure (link above).
The site is being heavily discounted for consideration of only quick sale proposals.
Last Agent to Sell the Property
Evanisko Realty & Investment Brokerage Phone: 213-200-6957 License #01790747 Listed on: 06/15/2024
Last Buyer's Agent
Evanisko Realty & Investment Brokerage Phone: 213-200-6957 License #01790747 Listed on: 06/15/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $12,960
Year Built
- 1969
Lot Details
- 2.2 Acre Lot
- Rectangular Lot
- 6225026013, 6225026014, 6225026002, 6225026003
- Property is zoned LDR
Additional Features
- City Lights Views
- Property is near a park
Listing and Financial Details
- Legal Lot and Block 1 / F
- Tax Tract Number 1662
- Assessor Parcel Number 6225026001
- $2,428 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2024
Closed on
Sep 17, 2024
Sold by
Klare 16 Llc
Bought by
Affordable Housing Land Consultants Llc
Seller's Agent
Frank Evanisko
Evanisko Realty & Investment
Buyer's Agent
Frank Evanisko
Evanisko Realty & Investment
List Price
$1,650,000
Sold Price
$1,450,000
Premium/Discount to List
-$200,000
-12.12%
Total Days on Market
86
Views
37
Purchase Details
Closed on
May 20, 2019
Sold by
Covert Roy P and Covert Vickie L
Bought by
Klare 16 Llc
Purchase Details
Closed on
Apr 2, 2008
Sold by
Covert Roy P and Covert Vickie L
Bought by
Covert Roy P
Purchase Details
Closed on
Oct 17, 2004
Sold by
Covert Walter L and Covert Roy P
Bought by
Covert Roy P
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Affordable Housing Land Consultants Llc | $1,450,000 | Fidelity National Title | |
| Klare 16 Llc | $4,050,000 | Fidelity National Title | |
| Covert Roy P | -- | None Available | |
| Covert Roy P | -- | None Available | |
| Covert Roy P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Klare 16 Llc | $0 | |
| Previous Owner | Klare 16 Llc | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2024 09/24/24 | Sold | $1,450,000 | -12.1% | -- |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- |
| 06/15/2024 06/15/24 | For Sale | $1,650,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,960 | $885,958 | $859,154 | $26,804 |
| 2023 | $12,747 | $868,587 | $842,308 | $26,279 |
| 2022 | $12,188 | $851,557 | $825,793 | $25,764 |
| 2021 | $12,041 | $834,860 | $809,601 | $25,259 |
| 2019 | $4,046 | $216,662 | $184,805 | $31,857 |
| 2018 | $3,560 | $212,415 | $181,182 | $31,233 |
| 2016 | $3,379 | $204,169 | $174,148 | $30,021 |
| 2015 | $3,333 | $201,104 | $171,533 | $29,571 |
| 2014 | $3,284 | $197,165 | $168,173 | $28,992 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Evanisko
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24122635
APN: 6225-026-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 4231 Walnut St
- 4402 Hartle Ave
- 7807 Salt Lake Ave
- 4426 Clara St
- 4436 Clara St
- 4313 Florence Ave
- 4305 Florence Ave
- 4007 Cudahy St
- 4443 Santa Ana St Unit 2
- 4505 Santa Ana St Unit D
- 4610 Weik Ave
- 3700 Santa Ana St
- 3617 Anita Dr
- 6816 Bear Ave
- 4523 Cecilia St Unit 2
- 3816 Liberty Blvd
- 3424 Grand Ave
- 4822 Live Oak St
- 3410 California St
- 3612 Liberty Blvd