We are thrilled to present a prime development opportunity at 1420 S Point View St, Los Angeles, CA. This project is ready for immediate construction, as the plans have been fully approved and are RTI (Ready to Issue). The previous structure on the lot has already been demolished, allowing for a swift construction start date. The approved plans outline the development of 28 apartment units, totaling 30,115 square feet of gross building area. The proposed design includes 3 studio/one-bath units, 6 one-bedroom/one-bath units, and 19 two-bedroom/two-bath units, with three apartments designated for extremely low-income tenants.1420 S Point View St is located in Pico-Robertson neighborhood of Los Angeles, which has an average household income of nearly $117,000 within a one-mile radius, highlighting its appeal to high-earning renters. This location is surrounded by a diverse range of restaurants, nightlife, and shopping options. It is just a short drive from attractions such as LACMA, The Grove, and The Farmers Market. The area is rated as "Very Walkable" by Walk Score, and easy access to the 10 Freeway makes commuting around Los Angeles convenient.
Property Details
Property Features
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Filip Niculete
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.21 Acres
Other
Directions Information:
Directions: Point View & Pico
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
Tax Information:
Annual Amount: $23,046
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.4M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24470149
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (818) 212-2700
Listing Agent: Filip Niculete
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 08, 2017
Dec 08, 2017Home Sold
$1,830,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$23,046
$1,923,656
2020
$22,355
$1,903,932
2019
$22,167
$1,866,600
2018
$1,132
$1,830,000
2017
$1,132
$78,351
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.5K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Crescent Heights Blvd School
1661 S Crescent Heights Blvd
Distance between this listing and this school0.39 miles
Public District Grades KG-5
5
/10
Carthay School
6351 W Olympic Blvd
Distance between this listing and this school0.55 miles
Public Magnet Grades KG-5
5
/10
Saturn Street Elementary
5360 Saturn St
Distance between this listing and this school0.85 miles
Public District Grades KG-5
Nearby Schools
6
/10
New los Angeles Charter
1919 S Burnside Ave
Distance between this listing and this school1.00 miles
Public Charter Grades 6-8
8
/10
Horace Mann School
8701 Charleville Blvd
Distance between this listing and this school1.20 miles
Public District Grades KG-8
7
/10
Beverly Vista School
200 S Elm Dr
Distance between this listing and this school1.66 miles
Public District Grades KG-8
Nearby Schools
8
/10
Los Angeles Center for Enriched Studies
5931 W 18th St
Distance between this listing and this school0.50 miles
Public District Grades 6-12
7
/10
Alexander Hamilton High School
2955 S Robertson Blvd
Distance between this listing and this school1.69 miles
Public District Grades 9-12
3
/10
Cheviot Hills Continuation
9200 Cattaraugus Ave
Distance between this listing and this school1.70 miles
The neighbors living near this home have an average income of $52,265. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1420 S Point View St
What is the listing price of this property?
The listing price of 1420 S Point View St property is $3,500,000.
What type of property is this?
The property 1420 S Point View St is land located in Los Angeles, California, 90035.
Is this property for sale now?
Active Listing: 1420 S Point View St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $23,046 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 8, 2017 for $1,830,000. (source: MLS/tax record).
How much acreage is this property?
The property 1420 S Point View St is 0.21 acres.
Interested in 1420 S Point View St? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1420 S Point View St in Los Angeles, CA and zip code 90035 in the Mid-City neighborhood. This home sits on a 0.21 acre lot. It has been listed on Rocket Homes since December 14, 2024 and is currently priced at $3,500,000.
Los Angeles, CA housing market in November 2024 saw over 512 listings sold above listed price, more than 177 sold at listed price and over 657 sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. Listings spent 38 days on the market in November 2024, and had a median list price of $1,021,532 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Major League Soccer (MLS)
Major League Soccer (MLS)
Music Concerts
Art Museums
Banana Republic
H&M
Bloomingdales
Jack In The Box
Chipotle
Starbucks
Toyota
Volkswagen
Audi
Jazz
Rhythmic Contemporary Hits
News