Lynsey Russell
Keller Williams Pacific Estate
(424) 349-4623
124 Total Sales
2 in Cudahy
$901,000 Price Range
7801 Otis Ave Cudahy, CA 90201
Cudahy Area
2.2
Acres
--
Price per Acre
95,832
Sq Ft Lot
Highlights
- City Lights View
- Property is near park
- Park
- 2.2 Acre Lot
- No HOA
- 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
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Property Details
Property Type
- Land
Lot Details
- 2.2 Acre Lot
- Rectangular Lot
- 6225026013, 6225026014, 6225026002, 6225026003
- Property is zoned LDR
Additional Features
- City Lights Views
- Property is near 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
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%
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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cudahy, CA
-
Lynsey Russell
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
260 Total Sales
1 in Cudahy
$485,000 Price
-
Pablo Cornejo
Pablo Cornejo
KW The Lakes
(562) 418-5197
35 Total Sales
1 in Cudahy
$1,200,000 Price
-
David Landeros
David Landeros
West Associates
(424) 414-6547
14 Total Sales
1 in Cudahy
$605,000 Price
-
Alberto A Romero Meza
Alberto A Romero Meza
Good Opportunity Company Inc.
(213) 214-2940
8 Total Sales
1 in Cudahy
$789,000 Price
-
Daniel Avendano
Daniel Avendano
Century 21 Allstars
(424) 360-2126
43 Total Sales
2 in Cudahy
$619,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | ||
| Previous Owner | Klare 16 Llc | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $10,227 | $714,000 | $714,000 | |
| 2025 | $10,227 | $700,000 | $700,000 | |
| 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
Seller's Agent in 2024
Frank Evanisko
Evanisko Realty & Investment
(818) 985-9700
10 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24122635
APN: 6225-026-001
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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
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