NOT LISTED FOR SALE

Estimated Value: $1,253,805 - $1,518,000

0.13 Acre
$10,688,085 Price per Acre
5,900 Sq Ft Lot

Last Sold October 09, 2019

Last sale price $975,000 $425 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $8,832/month

82 Days on Market

About This Lot

As of October 2019

We are proud to present this re-positioning opportunity in Korea town. The 2,294 square foot vacant single family residence is located east of Western Avenue and south of Olympic Blvd. Given the LAR3 zoning, a new buyer has the ability to build up to 11 units with the approved entitlements in place. The metrics are as follows: $170 per square foot on land and $90,909 per build-able unit.

Last Listed By

David Kaufman

David Ballin Kaufman License #01217537 Listed on: 06/19/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,919

Year Built

  • 1887

Lot Details

  • 5,900 Sq Ft Lot
  • Property is zoned LAR3

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5080-026-019

Property Details

Property Type

Land

Est. Annual Taxes

$12,919

Year Built

1887

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1887

Exterior Features

  • View: Walk Street
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5080-026-019
  • Geocode Override: No
  • Lot Size Area: 5900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Sep 30, 2019
Sold by
1134 Harvard Llc
Bought by
Cms Harvard Llc
Seller's Agent
David Kaufman
David Ballin Kaufman
Buyer's Agent
Lu Ye
Keller Williams Beverly Hills
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%
Total Days on Market
82
Current Estimated Value
$1,389,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,451
Avg. Annual Appreciation
6.61%

Purchase Details

Listed on
Aug 1, 2015
Closed on
Oct 1, 2015
Sold by
Aguilar Frederico
Bought by
1134 Harvard Llc
Seller's Agent
Elijah Shin
Dream Realty & Investments Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$649,000
Sold Price
$675,000
Premium/Discount to List
$26,000
4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%
Original Mortgage
$472,500
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

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
Cms Harvard Llc $975,000 Chicago Title
1134 Harvard Llc $675,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1134 Harvard Llc $472,500
Previous Owner Aguilar Federico $34,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $975,000 -2.5% $425 / Sq Ft
06/19/2019 06/19/19 For Sale $1,000,000 +48.1% $436 / Sq Ft
10/08/2015 10/08/15 Sold $675,000 +4.0% $294 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $649,000 -- $283 / 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
2024 $12,919 $1,045,393 $836,315 $209,078
2023 $12,674 $1,024,896 $819,917 $204,979
2022 $12,090 $1,004,801 $803,841 $200,960
2021 $11,936 $985,100 $788,080 $197,020
2019 $8,768 $716,315 $573,052 $143,263
2018 $8,661 $702,270 $561,816 $140,454
2016 $8,272 $675,000 $540,000 $135,000
2015 $961 $68,572 $37,619 $30,953
2014 $975 $67,230 $36,883 $30,347
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 19-479592

The MLS

APN: 5080-026-019