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1242 Sunset Plaza Dr, Los Angeles, CA, 90069

$2,495,000

0.26 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewCity Lights
MLS #24360705
Lot Size0.26 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1242 Sunset Plaza Dr

Located just a short distance away from the famed Sunset Strip, this 11,000+ sq ft lot is an amazing opportunity for someone to develop a grand estate with sweeping city views and flat, usable outdoor space. There were previously approved plans and permits for a 10,100+ sq ft home (plans have since expired). Flat lots are not available often on Sunset Plaza...this is a rare opportunity and a blank canvas for someone to create their signature property. Centralized, ideal location is just blocks from the best restaurants, shopping and entertainment the Sunset Strip has to offer. Please see private remarks for additional information.

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 437-7500
  • Listing Agent: Austin Brunkhorst

Exterior Features

Exterior Information:

  • View: City Lights

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

School Info

Assigned Schools Information:

  • Fairfax Senior High School, Public Magnet Grades 9-12
  • Hollywood Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Hubert Howe Bancroft Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • West Hollywood Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: North of Sunset on Sunset Plaza Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,495,000

Tax Information:

  • Annual Amount: $41,775
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1242 Sunset Plaza Dr vs Los Angeles

59 DAYS ON ROCKET

+25 Days

$2,495,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M 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: #24360705

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 437-7500
  • Listing Agent: Austin Brunkhorst

IDX 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: 4/29/2024, 6:25:19 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

Oct 30, 2017Home Sold
$3,300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$41,775$3,468,888
2020$40,209$3,433,320
2019$40,018$3,366,000
2018$2,459$3,300,000
2017$2,459$167,051

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,547

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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.

Elementary School

school-card-donut-2917988
9
/10
  • West Hollywood Elementary School

  • 970 Hammond St

  • 0.47 miles

  • Public District Grades KG-6

school-card-donut-2917989
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.17 miles

  • Public Magnet Grades KG-6

school-card-donut-2917990
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.37 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2917991
4
/10
  • Hubert Howe Bancroft Middle School

  • 929 N Las Palmas Ave

  • 2.55 miles

  • Public Magnet Grades 6-8

school-card-donut-2917992
4
/10
  • Studio

  • 2211 W Avenue 30

  • 8.33 miles

  • Public District Grades 6-8

High School

school-card-donut-2917993
4
/10
  • Fairfax Senior High School

  • 7850 Melrose Ave

  • 1.45 miles

  • Public Magnet Grades 9-12

school-card-donut-2917994
5
/10
  • Hollywood Senior High School

  • 1521 N Highland Ave

  • 2.40 miles

  • Public Magnet Grades 9-12

school-card-donut-2917995
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 9.62 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $165,104. Most Los Angeles, CA residents have annual incomes $200k+. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1242 Sunset Plaza Dr

What is the listing price of this property?

The listing price of 1242 Sunset Plaza Dr property is $2,495,000.

What type of property is this?

The property 1242 Sunset Plaza Dr is land located in Los Angeles, California, 90069.

Is this property for sale now?

Accepting Backup Offers: 1242 Sunset Plaza Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1242 Sunset Plaza Dr are:
West Hollywood Elementary School: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Hubert Howe Bancroft Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Fairfax Senior High School: GreatSchools Rating 4/10
Hollywood Senior High School: GreatSchools Rating 5/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $41,775 (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 30, 2017 for $3,300,000. (source: MLS/tax record).

How much acreage is this property?

The property 1242 Sunset Plaza Dr is 0.26 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900691242 Sunset Plaza Dr

This home is located at 1242 Sunset Plaza Dr in Los Angeles, CA and zip code 90069 in the Central LA neighborhood. This home sits on a 0.26 acre lot. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $2,495,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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