$2,295,000
$100K PRICE DROP

Estimated payment $14,349/month

Total Views 1,689
0.17 Acre
$13,758,993 Price per Acre
7,267 Sq Ft Lot

About This Lot

Fully approved and PERMITS PAID to build 4 Architectural small lot single family homes just north of Melrose in prime Hancock Park. Superbly designed by Letter Four Architects, the plans feature four 3 BD, 3.5 BA homes with 1,920-2,110 sq ft projected at approx $7,400,000+ worth of sales. Each new home will feature private roof decks with spectacular city views, open floor plans, voluminous spaces and 2 car garages. The existing Spanish home features barreled ceilings with large patio and grassy yard, perfect to live in or rent prior to building - delivered vacant and "as is." Start building this dream project TOMORROW.

Listing Agent

Grant Linscott

Keller Williams Realty Los Feliz License #01715002 Listed on: 05/01/2025

Keller Williams Realty Los Feliz

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,413

Lot Details

  • 7,267 Sq Ft Lot
  • Property is zoned LARD1.5

Property Views

  • City Lights
  • Hills

Utilities

  • Sewer in Street
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5524-005-006

Property Details

Property Type

Land

Est. Annual Taxes

$21,413

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1668
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, City Lights, Hills
  • View: Yes

Utilities

  • Cable: Yes
  • Electric: In Street
  • Gas: In Street
  • Sewer: In Street
  • Telephone Service: In Street
  • Telephone: Yes
  • Water: In Street

Lot Info

  • Assessor Parcel Number: 5524-005-006
  • Lot Size Area: 7267

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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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

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 $21,413 $1,786,011 $1,190,674 $595,337
2024 $21,413 $1,750,992 $1,167,328 $583,664
2023 $21,000 $1,716,660 $1,144,440 $572,220
2022 $20,025 $1,683,000 $1,122,000 $561,000
2021 $15,217 $1,268,401 $815,402 $452,999
2020 $15,372 $1,255,397 $807,042 $448,355
2019 $14,761 $1,230,782 $791,218 $439,564
2018 $14,622 $1,206,650 $775,704 $430,946
2016 $13,986 $1,159,797 $745,584 $414,213
2015 $13,780 $1,142,377 $734,385 $407,992
2014 $12,557 $1,009,000 $918,000 $91,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $2,295,000 0.0% $1,275 / Sq Ft
06/05/2025 06/05/25 Price Changed $2,295,000 -4.2% --
05/01/2025 05/01/25 For Sale $2,395,000 0.0% --
05/01/2025 05/01/25 For Sale $2,395,000 -- $1,331 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,650,000 Chicago Title Company
Interfamily Deed Transfer -- Ticor Title Company
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- Ticor Title
Interfamily Deed Transfer -- None Available
Grant Deed $906,000 Equity Title
Interfamily Deed Transfer -- Equity Title Los Angeles
Interfamily Deed Transfer -- None Available
Grant Deed $989,000 California Title Company
Grant Deed -- None Available
Grant Deed $700,000 California Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Previous Owner $983,000 New Conventional
Previous Owner $862,500 Adjustable Rate Mortgage/ARM
Previous Owner $920,000 New Conventional
Previous Owner $750,000 Purchase Money Mortgage
Previous Owner $120,000 Stand Alone Second
Previous Owner $650,000 Purchase Money Mortgage
Source: Public Records

Source: The MLS

MLS Number: 25530375

The MLS

APN: 5524-005-006