Seller's Agent in 2016
Bob Khalsa
United America Realty Services Inc
(213) 926-5847
12 Total Sales
985 Everett St Los Angeles, CA 90026
Echo Park NeighborhoodEstimated Value: $1,171,000
0.2
Acres
$5,867,798
Price per Acre
8,693
Sq Ft Lot
Highlights
- City Lights View
- Greenbelt
- Front Yard
- No HOA
- Rectangular Lot
- 1-minute walk to Everett Park
About This Lot
As of August 2016Developers!! Redevelopment Opportunity in Desirable Silver Lake - Angelino Heights area! This property sits in a necklace pattern for residential units with Everett Park in the middle. Presently, the property has a single family home and a tenant who is on a month to month tenancy. City zoning & use restrictions allow construction up to seven units. Large Residential development taking place on the same street. Property being sold for land value only & for development. Big lot with great views of downtown LA and Hollywood sign. Nice neighborhood with Everett Park located in the middle of this cul-de-sac street. Zoning is (Q)R3-1VL. Buyer to verify all information & property use with the City.
Last Agent to Sell the Property
United America Realty Services Inc License #01340077 Listed on: 03/18/2016
Property Details
Property Type
- Land
Lot Details
- 8,693 Sq Ft Lot
- Rectangular Lot
- Paved or Partially Paved Lot
- Front Yard
- Density is 36-40 Units/Acre
- Value in Land
- Property is zoned (Q)R3-1VL
Property Views
- City Lights
- Hills
- Valley
- Park or Greenbelt
Additional Features
- Urban Location
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 5406016027
Community Details
Overview
- No Home Owners Association
- Greenbelt
Recreation
- Exterior Lighting
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
Aug 8, 2018
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,225,000
Outstanding Balance
$2,800,782
Interest Rate
4.5%
Mortgage Type
Construction
Purchase Details
Closed on
May 13, 2016
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
$760,000
Interest Rate
3.56%
Mortgage Type
Commercial
Purchase Details
Closed on
May 27, 2015
Sold by
Bought by
Purchase Details
Closed on
Mar 30, 2011
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
$312,000
Interest Rate
4.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 27, 2006
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
$67,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $1,900,000 | Provident Title Company | ||
| $1,015,000 | Fatcola | ||
| -- | None Available | ||
| $390,000 | First American Title Company | ||
| $670,000 | Chicago Title Co |
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 |
|---|---|---|---|
| Open | $3,225,000 | ||
| Previous Owner | $760,000 | ||
| Previous Owner | $312,000 | ||
| Previous Owner | $67,000 | ||
| Previous Owner | $536,000 |
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 |
|---|---|---|---|---|
| 08/04/2016 08/04/16 | Sold | $1,015,000 | -3.3% | $1,101 / Sq Ft |
| 05/04/2016 05/04/16 | Pending | -- | -- | -- |
| 03/18/2016 03/18/16 | For Sale | $1,050,000 | 0.0% | $1,139 / Sq Ft |
| 01/28/2013 01/28/13 | Rented | $2,000 | 0.0% | -- |
| 01/23/2013 01/23/13 | Under Contract | -- | -- | -- |
| 11/28/2012 11/28/12 | For Rent | $2,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2019 | -- | $1,900,000 | $1,900,000 | $0 |
| 2018 | -- | $1,035,300 | $828,240 | $207,060 |
| 2016 | -- | $422,078 | $337,664 | $84,414 |
| 2015 | -- | $415,739 | $332,592 | $83,147 |
| 2014 | -- | $407,596 | $326,077 | $81,519 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Khalsa
-
Diana Arias
D
Seller Co-Listing Agent in 2016
Diana Arias
United America Realty Services Inc
(661) 260-3911
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16057403
APN: 5406-016-027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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