$1,600,000 Price Analysis   ♡   Los Angeles, CA 90043 8 bed 6 bath 4,722 SqFt ($338/SqFt) 0.26 acre lot. Built 1946 Listed 2024-07-15, Taxes $17,984 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Great investment opportunity for a builder to develop
An investor to buy and hold or as an owner-occupied property. This premier development opportunity is zoned R3-1 and located within a TOC Tier 3 designation, offers substantial incentives for increased density and reduced parking requirements. With a sizable lt and significant allowable floor area, this parcel is ideal for developers aiming to create a high-density, multifamily residential project in a thriving area of Los Angeles. Key Features include a generous Buildable Area which covers 11, 343 sq.
ft. with a buildable square footage of 34, 029 sq. ft., providing ample space for a substantial development. With optimized density and parking efficiency you may Benefit from a 70% increase in allowable density and a 50% reduction in parking requirements, enhancing the project's feasibility and cost-effectiveness. Its strategic location offers easy access to major transportation routes and urban amenities, ensuring strong demand and sustained growth potential. All information deemed reliable but not guaranteed. Buyer and buyers agent to perform their own investigation regarding zoning, planning, lot size and build-ability of the site, to their satisfaction. Call listing agent for additional information on rent roll.
Presented by shamim khorsand mashhadi at
RE/MAX Estate Properties.
Property MLS #24-415269 from TheMLSCLAW
Full Bathrooms: 6
Garage Description: Garage Is Detached
Parking Total: 6
Lot Size Dimensions: 60x189
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 11343
Calculated Total Monthly Association Fees: 0
Number of Units: 6
County: Los Angeles
Directions: Slauson to West, turn Right to 67th turn Left to Brynhurst turn Left.
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Parcel Number: 4006-020-029
Postal Code Plus 4: 4351
Zoning: LAR3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $495,000 + $940,000 $1,435,000 | $17,984 |
| 2021 | $162,868 + $394,050 $556,918 | $7,765 |
| 2020 | $161,198 + $390,010 $551,208 | $7,830 |
| 2019 | $158,038 + $382,363 $540,401 | $7,562 |
| 2018 | $154,940 + $374,866 $529,806 | $7,312 |
| 2017 | $151,902 + $367,516 $519,418 | $7,126 |
| 2016 | $148,924 + $360,310 $509,234 | $6,928 |
| 2015 | $146,688 + $354,898 $501,586 | $6,838 |
| 2014 | $143,815 + $347,947 $491,762 | $6,901 |
| 2013 | $143,166 + $346,375 $489,541 | $6,885 |
| 2012 | $140,359 + $339,584 $479,943 | $6,971 |
| 2010 | $137,607 + $332,926 $470,533 | $6,763 |
| 2009 | $136,904 + $331,223 $468,127 | $6,527 |
| 2009 | $136,579 + $330,438 $467,017 | $6,527 |
| 2008 | $134,220 + $324,729 $458,949 | $6,275 |
| 2007 | $131,589 + $318,362 $449,951 | $6,068 |
$1,600,000
TheMLSCLAW
Listing removed 2024-07-09
$0
TheMLSCLAW
Listed 2024-06-15
$1,800,000
TheMLSCLAW
Sold 2021-11-08
$1,435,000
TheMLSCLAW
Sold 1986-07-25
$140,000
Public Record
Year Built: 1946
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 78
Year Built Source: Vendor Enhanced
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.