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$1,100,000   Price Analysis
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7142 Marshfield Way
Los Angeles, CA 90046
2 bed 4 bath 2,098 SqFt ($524/SqFt)
6,739SqFt lot. Built 1905
Listed 2024-06-06, Taxes $1,095
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Unveiling a rare opportunity for developers in a coveted location of Hollywood!

Presenting an expansive lot nestled in a prime setting, this property offers infinite potential for visionary investors seeking to make their mark in one of the most sought-after neighborhoods. Situated in a desirable area between Hollywood Blvd, La Brea and Sunset Blvd, this sizable lot boasts ample space and a strategic location, making it an ideal canvas for your next project. Whether you're dreaming of crafting a stunning new residential development, envisioning a sleek commercial venture or conceptualizing a mixed-use masterpiece, the possibilities are limited by your imagination (and the city of course, do your own investigation).

While the existing structure may be ready for a nw chapter, the true value lies in the land itself. With the seller's keen interest in selling not this property but also its neighboring parcel and the adjacent strip of land across the street, this presents a unique opportunity for a comprehensive development strategy, allowing for seamless integration and maximized potential. Unlock the possibilities and seize this rare chance to shape the future landscape of this vibrant community. With strategic foresight and innovat ive vision, the opportunity to create something truly remarkable awaits. Don't miss out on this exceptional offering. Contact me today to explore the endless possibilities and take the first step towards realizing your development dreams!


Presented by Amanda "Jonay" Jones at
Engel & Volkers Santa Clarita.
Listing Agent Photo

Property MLS #SR24115160 from CRMLS

Bedrooms: 2
Bedrooms On Main Level: 1

Total Bathrooms: 4
Full Bathrooms: 4
Bathrooms On Main Level: 2

Attic, Converted Bedroom

Laundry Features: Outside

Cooling Features: Evaporative Cooling

Lot Description: Level with Street
Lot Size Acres: 0.1547062
Lot Size Source: Public Records
Lot Size Square Feet: 6739

View: Neighborhood

School District: Los Angeles Unified

Gardner Street Elementary School is a public elementary school located approximately 0.3 miles away.
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Hollywood Senior High School is a public high school located approximately 0.4 miles away.
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Hubert Howe Bancroft Middle School is a public middle school located approximately 1 miles away.
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Just Like Moms Nursery School is a private elementary school located approximately 0.1 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Urban

Source Listing Status: Active
County: Los Angeles
Directions: That portion of Lot 30 of the Michigan Tract, which lies North of a straight line which is parallel with and distant 117 feet North of the South line of said Lot, in the City of Los Angeles, County of Los Angeles, State of California, as per Map reco
Source Property Type: Residential
Area: C20 - Hollywood
Source Neighborhood: C20 - Hollywood
Parcel Number: 5548008019
Postal Code Plus 4: 3211
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$6,898 + $55,414
$62,312
$1,095
2021$6,763 + $54,328
$61,091
$1,068
2020$6,694 + $53,771
$60,465
$1,073
2019$6,563 + $52,717
$59,280
$1,044
2018$6,435 + $51,684
$58,119
$991
2017$6,309 + $50,671
$56,980
$976
2016$6,186 + $49,678
$55,864
$931
2015$6,094 + $48,932
$55,026
$921
2014$5,975 + $47,974
$53,949
$955
2013$5,948 + $47,758
$53,706
$949
2012$5,832 + $46,822
$52,654
$960
2010$5,718 + $45,904
$51,622
$962
2009$5,690 + $45,670
$51,360
$926
2009$5,676 + $45,561
$51,237
$926
2008$5,579 + $44,775
$50,354
$899
2007$5,470 + $43,898
$49,368
$865

Listed 2024-06-06
$1,100,000
CRMLS

Total Square Feet Living: 2098
Year Built: 1905
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 119
Levels or Stories: One
Building Total Stories: 2
Structure Type: House

Sewer: Public Sewer
Water Source: Public
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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.