StatusAccepting Backup Offers (Active Under Contract)
About 6101 Toltec Way
This 13,500 SF vacant lot comes with plans and permits for a 9-unit small lot subdivision home development, 3 bed, 3.5 bath each, with total of 15,995 living square feet space. Homes are thoughtfully designed by award winning architect and include roof decks with expensive views. Similar new homes in the area sell north of $700/sqft, affording an exceptional double digit returns to prospective investors. The property is located among beautiful rolling hills and the Arroyo Seco Park between South Pasadena and Highland Park. Herman Park, dog park, Arroyo Seco Bike path and trendy Fesco Community Market are all steps away from the property. All permit fees paid and permits issued, including building, grading, retaining walls, plumbing, off-site sewer, street/sidewalk. Buyer may start building immediately after closing. Last remaining city fee to pay is the Quimby fee for LA City parks, which is approximately $90k, which can be paid anytime before certificate of occupancy for new homes. Otherwise, all city fees are paid. No LA City Linkage Fee because project is vested prior to this fee becoming active.
Property Details
Property Features
Listing Office:
Office Name: Real Estate Legends USA
Office Email: saeed@relegends.net
Listing Agent: Saeed Ghaffari
Exterior Features
Exterior Information:
View: Mountain(s)
Lot Features
Lot Information:
Lot Size: 0.31 Acres
Other
Directions Information:
Directions: 110Fwy and Hermon Park
Price Information
Listing Price Info
Price Summary:
List Price: $1,350,000
Tax Information:
Annual Amount: $20,643
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $326.5K 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: #PW24200945
Listing Office:
Office Name: Real Estate Legends USA
Office Email: saeed@relegends.net
Listing Agent: Saeed Ghaffari
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: 11/17/2024, 10:21:08 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
Oct 26, 2016
Oct 26, 2016Home Sold
$820,000
Apr 28, 2014
Apr 28, 2014Home Sold
$515,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$20,643
$1,607,482
2020
$10,563
$870,190
2019
$10,432
$853,128
2018
$10,209
$836,400
2017
$10,209
$820,000
History based on county public records data.
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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
Bushnell Way Elementary
5507 Bushnell Way
Distance between this listing and this school0.42 miles
Public District Grades PK-5
6
/10
Garvanza Elementary
317 N Avenue 62
Distance between this listing and this school0.76 miles
Public District Grades KG-5
2
/10
Monte Vista Street Elementary
5423 Monte Vista St
Distance between this listing and this school0.84 miles
Public District Grades 2-6
Nearby Schools
6
/10
Luther Burbank Middle School
6460 N Figueroa St
Distance between this listing and this school0.88 miles
Public District Grades 6-8
6
/10
Arroyo Seco Museum Science
4805 Sycamore Ter
Distance between this listing and this school1.19 miles
Public District Grades KG-8
6
/10
Glen Alta Span School
3410 Sierra St
Distance between this listing and this school1.75 miles
Public District Grades KG-8
Nearby Schools
6
/10
Los Angeles College Preparatory Academy
625 Coleman Ave
Distance between this listing and this school0.32 miles
Public Charter Grades 9-12
1
/10
Academia Avance Charter
115 N Avenue 53
Distance between this listing and this school0.79 miles
Public Charter Grades 6-12
4
/10
Benjamin Franklin High School
820 N Avenue 54
Distance between this listing and this school1.02 miles
The neighbors living near this home have an average income of $71,841. The majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 6101 Toltec Way
What is the listing price of this property?
The listing price of 6101 Toltec Way property is $1,350,000.
What type of property is this?
The property 6101 Toltec Way is land located in Los Angeles, California, 90042.
Is this property for sale now?
Accepting Backup Offers: 6101 Toltec Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $20,643 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 26, 2016 for $820,000. (source: MLS/tax record).
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This home is located at 6101 Toltec Way in Los Angeles, CA and zip code 90042 in the Northeast LA neighborhood. This home sits on a 0.31 acre lot. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $1,350,000.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 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. 
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