NOT LISTED FOR SALE

Estimated Value: $1,081,000 - $1,299,894

0.12 Acre
$10,101,867 Price per Acre
5,333 Sq Ft Lot

Last Sold July 18, 2018

Last sale price $355,000 $230 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $7,535/month

9 Days on Market

About This Lot

As of July 2018

Great investment opportunity to build on this Residential lot that's zoned LAR2. Property spans from E 80th Street to rear access through alley off of Wadsworth Ave. Property is being sold in as is, where is condition. It is the right and responsibility of the Buyer to inspect the condition and investigate the Property as to its intended uses with city of Los Angeles and any other appropriate governing body.

Last Agent to Sell the Property

Brian Selem

Revel Real Estate License #01056044 Listed on: 05/29/2018

Revel Real Estate

Last Buyer's Agent

Brian Selem

Revel Real Estate License #01056044 Listed on: 05/29/2018

Revel Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,721

Lot Details

  • 5,333 Sq Ft Lot
  • Property is zoned LAR2

Listing and Financial Details

  • Assessor Parcel Number 6029-004-020

Property Details

Property Type

Land

Est. Annual Taxes

$12,721

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 6029-004-020
  • Geocode Override: No
  • Lot Size Area: 5333

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2021
Sold by
Park Kyung Wan and Park Seung Son
Bought by
Cut Line International Inc
Current Estimated Value
$1,172,523

Purchase Details

Closed on
Jan 13, 2021
Sold by
Cut Line International Inc
Bought by
Park Kyung Wan and Park Seung Son

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$602,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2020
Sold by
Lim Chris Sungduk and Nam Helen Hyun
Bought by
Cut Line International Inc

Purchase Details

Closed on
Jul 10, 2020
Sold by
Kim Tae Whan and Kim Eun Ae
Bought by
Lim Chris Sungduk and Nam Helen Hyun

Purchase Details

Closed on
Sep 27, 2019
Sold by
Ocean Development Inc
Bought by
Whan Kim Tae and Kim Eun Ae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 29, 2018
Closed on
Jul 2, 2018
Sold by
Jpmorgan Chase Bank Na
Bought by
Ocean Development Inc
Seller's Agent
Brian Selem
Revel Real Estate
Buyer's Agent
Brian Selem
Revel Real Estate
List Price
$257,250
Sold Price
$355,000
Premium/Discount to List
$97,750
38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.94%
Original Mortgage
$600,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 22, 2010
Sold by
Calderon Elias and Cabrera Jorge
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jul 15, 2008
Sold by
Decabrera Ana Rosa Gonzalez
Bought by
Cabrera Jorge

Purchase Details

Closed on
Apr 29, 2008
Sold by
Guevara Juan
Bought by
Calderon Elias and Cabrera Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,905
Interest Rate
6.31%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2005
Sold by
Inner City Renewal Llc
Bought by
Guevara Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,750
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2005
Sold by
Demus William R and Demus Veronica B
Bought by
Inner City Renewal Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,300
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Cut Line International Inc -- Accommodation
Park Kyung Wan -- Provident Title Company
Cut Line International Inc $314,000 California Best Title
Lim Chris Sungduk -- Accommodation
Whan Kim Tae $850,000 Lawyers Title
Ocean Development Inc $355,000 First American Title
Chase Home Finance Llc $282,782 Accommodation
Cabrera Jorge -- Southland Title
Calderon Elias $265,000 Southland Title
Guevara Juan $395,000 Fidelity National Title Co
Inner City Renewal Llc $325,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Park Kyung Wan $602,000
Previous Owner Whan Kim Tae $600,000
Previous Owner Ocean Development Inc $645,000
Previous Owner Ocean Development Inc $600,000
Previous Owner Calderon Elias $260,905
Previous Owner Guevara Juan $441,000
Previous Owner Guevara Juan $335,750
Previous Owner Inner City Renewal Llc $342,300
Previous Owner Demus William R $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2018 07/18/18 Sold $355,000 +38.0% $230 / Sq Ft
06/07/2018 06/07/18 For Sale $257,250 -27.5% $167 / Sq Ft
06/05/2018 06/05/18 Off Market $355,000 -- --
05/29/2018 05/29/18 For Sale $257,250 -- $167 / Sq Ft
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 $12,721 $1,039,133 $595,337 $443,796
2024 $12,721 $1,018,759 $583,664 $435,095
2023 $12,478 $998,784 $572,220 $426,564
2022 $11,903 $979,200 $561,000 $418,200
2021 $11,623 $950,000 $540,000 $410,000
2020 $10,654 $850,000 $420,000 $430,000
2019 $4,324 $355,000 $284,000 $71,000
2018 $3,306 $258,971 $197,044 $61,927
2016 $3,149 $248,917 $189,394 $59,523
2015 $3,105 $245,179 $186,550 $58,629
2014 $3,122 $240,377 $182,896 $57,481
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-348816

The MLS

APN: 6029-004-020