NOT LISTED FOR SALE
0.19 Acres
-- Price per Acre
8,193 Sq Ft Lot

Sale Details

Date Sold: November 16, 2020

Last sale price $999,000 $708 Per Sq Ft

32 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • 3-minute walk to Everett Park
  • Property is near park

About This Lot

As of November 2020

Developer/Investor opportunity located off Sunset Blvd between China Town, Echo Park, and Downtown Los Angeles. The views from this lot of downtown are absolutely amazing. Permitted New construction 6 unit Loft type apartment complex. All units 3 bed 3 bath w/ rooftop deck (approx. 300 sq ft) underground parking(6 standard spots, 7 compact spots, 1 handicap spot) unit 1: 1263 sq ft,unit 2: 1115 sq ft,unit 3: 1120 sq ft,unit 4 & 5: 1123 sq ft,unit 6: 1564 sq ft. Grading, initial foundation work has been completed. Plans are available for review.

Buyers to confirm all information and review permits at LA City Building and safety's web site and execute due diligence prior to submission of offers.

Last Agent to Sell the Property

Rafael Dagnasses

eXp Realty of California Inc License #01220271 Listed on: 09/01/2020

eXp Realty of California Inc

Last Buyer's Agent

Rafael Dagnasses

eXp Realty of California Inc License #01220271 Listed on: 09/01/2020

eXp Realty of California Inc
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Property Details

Property Type

  • Land

Lot Details

  • 8,193 Sq Ft Lot
  • Property is zoned LAR3

Property Views

  • Panoramic
  • City Lights

Location

  • Property is near park

Listing and Financial Details

  • Legal Lot and Block 16 / 31
  • Assessor Parcel Number 5406016017

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

8,193 Sq Ft Lot

Listing Details

  • View: Yes
  • Zoning: LAR3
  • Property Type: Land
  • Parcel Number: 5406016017
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 121.93

Exterior Features

  • View: City Lights, Panoramic

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 8193.00
  • Lot Size Acres: 0.1881

Multi Family

  • Lot Size Area: 8193.0000 Square Feet

Tax Info

  • Tax Block: 31
  • Tax Census Tract: 1977.00
  • Tax Lot: 16

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

Closed on
Jul 25, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,290,000
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 15, 2021
Sold by
Bought by

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 6, 2020
Sold by
Bought by
Seller's Agent
Rafael Dagnasses
eXp Realty of California Inc
Buyer's Agent
Rafael Dagnasses
Quantum Realtors
List Price
$999,000
Sold Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2020
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 22, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,800
Interest Rate
6.25%

Purchase Details

Closed on
May 31, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.15%

Purchase Details

Closed on
Feb 5, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Echo Park, CA

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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
-- Provident Title
-- None Listed On Document
$999,000 Provident Title Company
$10,000 Stewart Title
$1,000,000 Old Republic Title Company
$389,000 Equity Title Company
$189,000 Equity Title
-- --
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
Closed $2,835,889
Closed $2,836,889
Closed $4,875,000
Closed $4,290,000
Previous Owner $700,000
Previous Owner $2,850,000
Previous Owner $1,100,000
Previous Owner $750,000
Previous Owner $262,300
Previous Owner $166,000
Previous Owner $64,300
Previous Owner $322,700
Previous Owner $389,800
Previous Owner $270,000
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
11/16/2020 11/16/20 Sold $999,000 0.0% $708 / Sq Ft
10/03/2020 10/03/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $999,000 0.0% $708 / Sq Ft
01/14/2015 01/14/15 Rented $3,200 0.0% --
01/14/2015 01/14/15 Under Contract -- -- --
12/31/2014 12/31/14 For Rent $3,200 -- --
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
2024 $18,020 $1,485,691 $1,485,691
2023 $17,666 $1,456,560 $1,456,560 $0
2022 $16,836 $1,428,000 $1,428,000 $0
2021 $11,932 $999,000 $999,000 $0
2020 $12,676 $1,040,400 $1,040,400 $0
2019 $12,168 $1,020,000 $1,020,000 $0
2018 $12,199 $1,000,000 $800,000 $200,000
2016 $5,916 $485,438 $355,908 $129,530
2015 $5,830 $478,147 $350,562 $127,585
2014 $5,854 $468,781 $343,695 $125,086
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20180442

California Regional Multiple Listing Service (CRMLS)

APN: 5406-016-017

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