9324 Firth Blvd Los Angeles, CA 90002
Watts NeighborhoodEstimated payment $14,045/month
About This Home
A rare find!!Land to Develop!! these 2 side by side parcels R3-1 zoning in the opportunity zone with a 146 feet frontage and 200 feet deep (29,200sqft), the possibilities here are endless, located in the TPAs (transit priority areas) TOC tier2 great property for housing providers, low-income developers. Nonprofit institutions, government housing providers and Homeless housing providers may qualify for a fast-track project approval, per owner remarks can build between 150 -250 units depending on the housing tier of the project, buyers to do their own due diligence and confirm best and highest use with the zoning and building authorities of the City of Los Angeles, currently existing buildings consist with a total of 8 units ( fourplex at 9320 Firth Blvd and 2 SFRs and a duplex at 9324 Firth Blvd a total of 8 units in 2 parcels) you have plenty of room to do ADUs or expand units or tear down to build.
Listing Agent
First Class Real Estate Brokerage Phone: 323-533-9938 License #01029156 Listed on: 10/31/2024
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,981
Year Built
- Built in 1932
Lot Details
- 0.67 Acre Lot
- No Common Walls
- 6048-003-034
Parking
- 20 Open Parking Spaces
- 2 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,576 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 14 Bedrooms
- 17 Bathrooms
Additional Features
- Urban Location
- Sewer Paid
Listing and Financial Details
- Tax Lot 39
- Tax Tract Number 2423
- Assessor Parcel Number 6048003001
- $1,198 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 4 Buildings
- 8 Units
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $6,780
- Maintenance Expense $5,000
- Professional Management Expense $8,900
- Water Sewer Expense $9,720
- New Taxes Expense $37,928
- Operating Expense $68,670
- Gross Income $127,151
- Net Operating Income $58,481
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,981 | $491,270 | $295,947 | $195,323 |
| 2024 | $6,981 | $481,639 | $290,145 | $191,494 |
| 2023 | $6,861 | $472,196 | $284,456 | $187,740 |
| 2022 | $6,580 | $462,938 | $278,879 | $184,059 |
| 2021 | $6,487 | $453,861 | $273,411 | $180,450 |
| 2020 | $6,540 | $449,208 | $270,608 | $178,600 |
| 2019 | $6,311 | $440,401 | $265,302 | $175,099 |
| 2018 | $6,132 | $431,766 | $260,100 | $171,666 |
| 2016 | $5,842 | $415,000 | $250,000 | $165,000 |
| 2015 | $4,602 | $333,051 | $209,163 | $123,888 |
| 2014 | $4,887 | $326,528 | $205,066 | $121,462 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2025 03/19/25 | Price Changed | $2,490,000 | -3.1% | $447 / Sq Ft |
| 12/10/2024 12/10/24 | Price Changed | $2,570,000 | -12.9% | $461 / Sq Ft |
| 10/31/2024 10/31/24 | Price Changed | $2,950,000 | -21.3% | $529 / Sq Ft |
| 10/31/2024 10/31/24 | For Sale | $3,750,000 | -- | $673 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $415,000 | Usa National Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Financial | |
| Interfamily Deed Transfer | -- | United Title Company | |
| Grant Deed | $240,000 | Southland Title Corporation | |
| Trustee Deed | $70,001 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | $288,000 | No Value Available | |
| Previous Owner | $231,315 | FHA | |
| Previous Owner | $231,289 | FHA |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24224946
APN: 6048-003-001
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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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