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4547 Otay Dr, Los Angeles, CA 90065
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4547 Otay Dr Los Angeles, CA 90065

$469,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$469,000 Get Pre-Qualified
Map preview of 4547 Otay Dr, Los Angeles, CA 90065

Property Overview: 4547 Otay Dr Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 23,475 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: VIEWS VIEWS VIEWS! Amazing Mount Washington hillside property comprised of Four (4) side x side separate and subdivided parcels, with individual APN's. May be sold collectively or individually. Combined lot size is approximately 23,475 sq ft. Pricing is for collective purchase, only. Attached renderings are a sampling for an approximate 2500 sq ft home on each parcel... Included in the sale will be Sellers' soil report, topography survey, architectural plans and all other due diligence Seller has completed, for Buyer to review. Seller financing available.

Listed by Holly Edwards | BRE #02150530 | Douglas Elliman
Co-listed by Jason Froehlich | BRE #01009977 | Douglas Elliman
Last checked: 8 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 334
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Home details

Lot Sq. Ft
23,475
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
23265841
City
Los Angeles
County
Los Angeles
Time on Site
327 days

Open Houses for 4547 Otay Dr

No upcoming open houses

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Property Details for 4547 Otay Dr

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Owner
Property Information
  • Has View
  • View: Hills, Mountain(s), City Lights
  • Parcel Number: 5475019031
  • Offered With Property: All Seller completed reports including but not limited to, Surveys, Design, Soils, and Architectural plans.
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Just north of the intersection of Divison St. and Cleland Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 4547 Otay Dr

Last sold for $243,000 on October 31st, 2005

  • May, 2023

  • May 1, 2023

    Date

    Canceled

    CRMLS: 22194391

    $489,000

    Price

  • Sep 2, 2022

    Date

    Active

    CRMLS: 22194391

    $650,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2023

  • May 1, 2023

    Date

    Active

    CRMLS: 23265841

    $469,000

    Price

  • May, 2022

  • May 27, 2022

    Date

    Expired

    CRMLS: 21107949

    $1,000,000

    Price

  • Nov 26, 2021

    Date

    Active

    CRMLS: 21107949

    $1,000,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present 4547-4567 Otay Drive, an amazing investor opportunity to buy four vacant lots in the beautiful city of Mount Washington. The 23,475 SF lot has already been subdivided into four lots with LA City that will be sold together. This four-lot subdivision is ideal for a developer to build four houses of 2,500 SF plan design. 4547-4567 Otay Drive is ideally located in the center of the soaring Mount Washington submarket. With irreplaceable Downtown Views, dramatic hillsides, and award-winning architecture, this Northeast Los Angeles neighborhood has quickly become one of the most desirable residential locations in Los Angeles. Mount Washington is bordered on the north by Eagle Rock, east by Highland Park, south, southwest, west by Cypress Park, and northwest by Glassel Park. The neighborhood also offers one of the most desirable school districts (Mount Washington Elementary) in Southern California. Surrounded by hip/trendy bars and restaurants in adjacent neighborhoods (Echo Park, Highland Park, and Silver Lake) and easy access to numerous employment options in Downtown Los Angeles and Glendale, Mount Washington is currently experiencing rapid gentrification and an influx of young professionals.

  • November, 2021

  • Nov 19, 2021

    Date

    Canceled

    CRMLS: PF21131397

    $1,600,000

    Price

  • Jun 18, 2021

    Date

    Active

    CRMLS: PF21131397

    $1,600,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing investor opportunity to buy four vacant lots in the beautiful city of Mount Washington with stunning hillside, mountain and city views. Four side by side lots which have already been subdivided with LA City. Completed LA Planning review for a 2,500 square foot home on each lot. Seller has many completed reports including: soils report, topography survey, street design and four Architectural plans. All four lots to be sold together: APN'S 5475-019-031, 5475-019-032, 5475-019-033 & 5475-019-034. The lot size of 23,475 is the cumulation of the four lots 4547, 4551, 4565 & 4567 Otay Drive. Many new options for California's Housing Laws such as SB 9 & SB 10 to add additional ADU's. Also SB 330 which helps to expedite the permit process. Buyer to investigate and verify all option with the city.

  • October, 2005

  • Oct 31, 2005

    Date

    Sold (Public Records)

    Public Records

    $243,000

    Price

  • April, 2005

  • Apr 18, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 4547 Otay Dr

Assessed Value (2020): --
Year Land Value Improved Value Assessed Value
2020 $76,218 -- --

Home Value Compared to the Market

This property vs the competition

4547 Otay Dr is listed 62.06% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000.

About 4547 Otay Dr

Detailed summary of property

4547 Otay Dr is a land located in Los Angeles, CA 90065 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 23,475 square foot lot. 4547 Otay Dr was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner is currently asking $469,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 62.06% lower than the median priced home. Local competing homes currently for sale include 1390 Abrigo Ave, 978 N Rockdale Ave and 2286 Silver Ridge Ave. While the average home in Los Angeles, CA is selling in 96 days, 4547 Otay Dr has a days on market of 334 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 4547 Otay Dr Los Angeles, CA 90065 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4547 Otay Dr

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
6,167
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5475-019-031

The source for these homes facts are from public records.

90065 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,181,935
Median List Price/Sq.Ft.
$749
Median Sold Price
$1,049,752
Median Sold Price/Sq.Ft.
$844
Total Inventory
74
Median Sale to List Price %
105.19%
Avg Days on Market
24
Loan Type
Conventional (23.53%), FHA (0%), VA (0%), Cash (17.65%), Other (11.76%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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