NOT LISTED FOR SALE

862 S Main St Los Angeles, CA 90014

Downtown LA Neighborhood

Estimated Value: $7,540,261

-- Bed
-- Bath
4,400 Sq Ft
$1,714/Sq Ft Est. Value

About This Home

This home is located at 862 S Main St, Los Angeles, CA 90014 and is currently estimated at $7,540,261, approximately $1,713 per square foot. 862 S Main St is a home located in Los Angeles County with nearby schools including Para Los Niños Charter Middle School, John Adams Middle School, and Santee Education Complex.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2024
Sold by
Mersho Investments Llc
Bought by
Mershop Main Street Llc
Current Estimated Value
$7,540,261

Purchase Details

Closed on
Mar 8, 2018
Sold by
The Classic Llc
Bought by
Mersho Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2014
Sold by
101 Benson Llc
Bought by
The Classic Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,375,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2008
Sold by
Juliani Bruce and Haghnazarzadeh Behrooz
Bought by
101 Benson Llc

Purchase Details

Closed on
Dec 13, 1995
Sold by
Bright Investments
Bought by
Kaplan Dean and Kaplan Carol A

Purchase Details

Closed on
Dec 6, 1995
Sold by
Bright Investments
Bought by
Dayani Mohtaram
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Mershop Main Street Llc -- None Listed On Document
Mersho Investments Llc $5,000,000 Fidelity National Title Comp
The Classic Llc -- Provident Title Company
101 Benson Llc -- None Available
Kaplan Dean $325,000 --
Dayani Mohtaram -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mersho Investments Llc $3,500,000
Previous Owner The Classic Llc $2,375,000
Source: Public Records

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 $69,478 $5,689,143 $1,137,827 $4,551,316
2024 $69,478 $5,577,592 $1,115,517 $4,462,075
2023 $68,054 $5,468,229 $1,093,645 $4,374,584
2022 $64,876 $5,361,009 $1,072,201 $4,288,808
2021 $64,073 $5,255,892 $1,051,178 $4,204,714
2019 $62,153 $5,100,000 $1,020,000 $4,080,000
2018 $63,377 $5,117,506 $3,232,110 $1,885,396
2016 $59,958 $4,918,789 $3,106,604 $1,812,185
2015 $59,048 $4,844,905 $3,059,940 $1,784,965
2014 -- $304,902 $291,359 $13,543
Source: Public Records

Map

California Los Angeles County Los Angeles 90014 Downtown LA

862 S Main St, Los Angeles, CA

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