See Home Value
$999,039*
Land - Off Market

3050 W PICO

LOS ANGELES, CA 90006
bedrooms
Studio
bathrooms
0 Bath
$801,000 - $979,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Oct 27, 2017
$760,000
$622,000 by Pacific City Bank
Mortgage Due Oct 27, 2047
Sold Sep 23, 2005
Transfer

About This Property

Lots/Land6,209 Sq. Ft.0.143 Acres Zoning: LAC2/Vacant Land. Great opportunity to own and invest for development in the Korean Town. This property is presently being used as a parking lot. Buyer to verify all permits, codes, land use and any requirements. ( 1600 s/f building, 2 units retail permits are ready ,  RTI is ready for 1600 s/f, 2 units building  ( Dentist / CPA office )
Unit Size
-
Days on Market
-
Land Size
6,209.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Apr 16, 2020 In contract -
In contract
Apr 7, 2020 No longer available -
No longer available
Feb 12, 2020 Listed $890,000
Listed

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,209
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: CULVERS ROXBURY PARK
  • Land Acres: 0.143
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: CULVERS ROXBURY PARK LOT/SEC 8

Ownership

  • Current Owner : JL168 PROPERTY LLC
  • Previous Owner : KIM YUNG SOOK
  • Owner Before Previous Owner: TNG DEVELOPMENT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 221303

Zoning

  • Zoning: LAC2

Geography

  • Assessors Map Reference: 43-E3
  • Parcel: 5074-001-007
  • Lot: 8
  • Municipality: WEST /MID-CTY/KOR TWN
  • Latitude: 34.0469
  • Longitude: -118.308

    Address

  • Full Address: 3050 W Pico Blvd
  • Address - House Number: 3050
  • Street Direction: W
  • Address - Street Name: Pico
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C035
  • 4-Digit Zip Code: 3805
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,632
  • Tax Rate Code Area: 00-210

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $622,000
  • First Open Lien Mortgage Lender: PACIFIC CITY BANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2017
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $622,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 27, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $904,107
  • Assessed Land Value: $904,107

    Sales

  • Current Sale Contract Date: Jul 28, 2017
  • Current Sale Recording Date: Oct 27, 2017
  • Current Sale Transaction ID: 1397747355
  • Current Sale Price: $760,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1234166
  • Previous Sale Recording Date: Sep 23, 2005
  • Previous Sale Contract Date: Sep 22, 2005
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACIFIC CITY BANK
  • First Mortgage Transaction Date: Oct 27, 2017
  • First Mortgage Loan Amount: $622,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
588 ft²
$1,786/ft²
$1,050,000 Dec 5, 2022
-
-
Condo
2 Beds
3 Baths
1,460 ft²
$548/ft²
$799,999 Sep 12, 2022
-
$460/mo
House
2 Beds
1 Bath
924 ft²
$1,082/ft²
$1,000,000 Feb 3, 2023
-
-
Multifamily
4 Beds
-
-
$1,000,000 Oct 14, 2021
-
-
House
4 Beds
2 Baths
1,271 ft²
$818/ft²
$1,040,000 Mar 8, 2023
-
-

About South LA


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Frequently Asked Questions

When was property at 3050 West Pico Boulevard built and last sold?
The property at 3050 West Pico Boulevard was built in and last sold on Jul 28, 2017 for $760,000.
How much is this home worth?
The estimated value of the home located at 3050 West Pico Boulevard is $898,900.
What are some comparable homes to 3050 West Pico Boulevard?
There are currently no comparable homes to 3050 West Pico Boulevard.

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