$899,000
$100K PRICE DROP

Estimated payment $5,957/month

Total Views 9,812
2 Beds
1 Bath
1,320 Sq Ft
$681 Price per Sq Ft

Highlights

  • No HOA
  • Cooling Available
  • Back Yard
  • Neighborhood Views
  • Laundry Room
  • 1-Story Property

About This Home

Unlock the potential of this 1910-built single-family home on a spacious 5,901 SF lot in the heart of Mid-Wilshire/Koreatown. Featuring 1,320 SF of living space with 2 bedrooms, 1 bath, and a second-story attic bonus area, this blank slate is ideal for investors or developers. The sale includes RTI (Ready-to-Issue) permits and approved plans to build a new 5-unit project—fourplex plus ADU—offering exceptional redevelopment opportunity in a high-demand rental market. Don't miss this rare chance to reimagine or rebuild in one of LA’s most vibrant neighborhoods.

Listing Agent

Matias Stofenmacher

Edgestone Real Estate, Inc. Brokerage Phone: 818-464-5707 License #01705003 Listed on: 05/20/2025

Co-Listing Agent

Sebastian Stofenmacher

Edgestone Real Estate, Inc. Brokerage Phone: 818-464-5707 License #01328684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,813

Year Built

  • Built in 1910

Lot Details

  • 5,903 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR3

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / 38
  • Assessor Parcel Number 5080026011

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,813

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5080026011
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1320.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 681.06
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5903.00
  • Lot Size Acres: 0.1355

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5903.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 38
  • Tax Census Tract: 2132.02
  • Tax Lot: 12

Map

Range of Values:

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Average Value
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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 $12,813 $1,060,800 $848,640 $212,160
2024 $12,813 $1,040,000 $832,000 $208,000
2023 $3,098 $236,931 $204,965 $31,966
2022 $6,927 $232,287 $200,947 $31,340
2021 $6,882 $227,733 $197,007 $30,726
2019 $2,837 $220,979 $191,164 $29,815
2018 $2,713 $216,647 $187,416 $29,231
2016 $2,584 $208,237 $180,140 $28,097
2015 $2,547 $205,110 $177,435 $27,675
2014 $2,565 $201,093 $173,960 $27,133
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $899,000 -10.0% $681 / Sq Ft
05/20/2025 05/20/25 For Sale $999,000 -4.9% $757 / Sq Ft
09/11/2023 09/11/23 Sold $1,050,000 +6.6% $795 / Sq Ft
07/31/2023 07/31/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $985,000 -- $746 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $49,263 New Conventional
Previous Owner $58,000 Unknown
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25112815

California Regional Multiple Listing Service (CRMLS)

APN: 5080-026-011