$1,395,000

Los Angeles, CA 90016

Mid-City Neighborhood

Estimated payment $7,660/month

0.15 Acre
$9,425,676 Price per Acre
6,449 Sq Ft Lot

Highlights

  • City Lights View
  • Rectangular Lot
  • Back and Front Yard

About This Lot

Exceptional investment opportunity in a prime Los Angeles location! This 6-unit project will be delivered with approved plans ready to build. The unit mix includes (4) 3-bed/3-bath units, (1) 2-bed/2-bath, and (1) 2-bed/1-bath each with spacious, thoughtfully designed layouts. Located on a quiet street with dedicated parking spaces, the property sits within a designated Opportunity Zone, offering significant upside potential. Comparable properties in the area have recently sold for over $4 million. Projected monthly rental income exceeds $24,000.

Listing Agent

Isaac Davidi

On Track Property License #01819489 Listed on: 07/31/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $705

Lot Details

  • 6,449 Sq Ft Lot
  • Lot Dimensions are 44x148
  • Rectangular Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned LARD1.5

Property Views

  • City Lights Views

Listing and Financial Details

  • Assessor Parcel Number 5063-019-001

Property Details

Property Type

Land

Est. Annual Taxes

$705

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Acreage: 0.1480
  • Lot Dimensions: 44x148
  • Probate: No
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No
  • Water: Public

Lot Info

  • Assessor Parcel Number: 5063-019-001
  • Lot Description: Sidewalks, Street Lighting, Front Yard, Back Yard, Lot Shape-Rectangular, Lot-Level/Flat
  • Lot Size Area: 6449
  • Topography: Flat

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

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 $705 $40,878 $27,428 $13,450
2024 $705 $40,078 $26,891 $13,187
2023 $699 $39,293 $26,364 $12,929
2022 $679 $38,524 $25,848 $12,676
2021 $663 $37,770 $25,342 $12,428
2020 $665 $37,384 $25,083 $12,301
2019 $649 $36,652 $24,592 $12,060
2018 $531 $35,934 $24,110 $11,824
2016 $500 $34,541 $23,175 $11,366
2015 $494 $34,023 $22,827 $11,196
2014 $507 $33,357 $22,380 $10,977
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $1,395,000 +39.5% --
07/25/2025 07/25/25 Sold $1,000,000 +11.7% $1,000 / Sq Ft
06/24/2025 06/24/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $895,000 -- $895 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 First American Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Closed $112,500 New Conventional
Previous Owner $1,243,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $544,185 No Value Available
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $435,478 FHA
Previous Owner $57,000 Unknown
Previous Owner $0 Unknown
Previous Owner $48,500 No Value Available
Previous Owner $17,000 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25572563

The MLS

APN: 5063-019-001

California Los Angeles County Los Angeles 90016

Mid-City

This home and is currently priced at $1,395,000. This home is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Susan Miller Dorsey Senior High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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Isaac Davidi
Listing Agent
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