Philadelphia property report

2400 block of Weccacoe Ave

An industrial block: 2 industrial and commercial buildings, with 4 open code violations.

The typical home here is up 215% since 2016, now about $10M. Property taxes are climbing about 6% a year and the increases are speeding up.

Every parcel on the block, colored by who owns it. Tap a parcel for the owner and its city record.
The readRecord analysis · from the figures below

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By the Numbers

Median value
$10M
$4.6M–$43M
ZIP median $259K
Commercial
$28M
2 buildings · $111/sqft
Vs. Philadelphia
44.0×
the city median
city $230K
Major assessment exemptions
1 of 4
$595K/yr estimated reduction
Owner-occupied
0%
0 of 4
city 48%
Rentals
0%
0 licensed
city 15% of homes
Open violations
4
L&I code
▲ block 25% · city 5%
Tax delinquency · Jun 2022
No match
no parcels listed in snapshot
▼ block 0% · city 9%
Zoning appeals
1
1 home · ZBA & boards
block 25% · city 5%

How fast it's moving

1 year
+58%
value · tax +$50K
5 years
+106%
value · tax +$53K
10 years
+215%
value · tax +$39K

Assessed-value change for the typical home. Philadelphia taxes a flat 1.3998% of value, so the bill moves with it.

How the block compares

The typical parcel here is $10M — about 44.0× the citywide median home, and above the ZIP 19148 median of $259K. The same block, read against everyone else in the ZIP 19148 and across Philadelphia.

This blockZIP 19148Philadelphia
Median parcel value (ZIP/city: homes)$10M$259K$230K
Owner-occupied0%44%48%

Safety & quality of life

Within 200 metres of the block over the last 12 months: 2 reported crimes (about 0 a month, 0% of them violent) and 4 resident 311 requests to the city. A busy commercial corridor logs far more than a quiet residential block, so read this against nearby blocks, not the citywide total.

Crimes · 12mo
2
about 0/month · 0% violent
311 requests · 12mo
4
about 0/month · 2 open

Most reported crimes

Theft from Vehicle1
Vandalism/Criminal Mischief1

Top 311 complaints

Abandoned Vehicle2
Street Defect1
Street Light Outage1

Philadelphia Police incident reports and 311 service requests within 200m, trailing 12 months. Reported location, not necessarily where an incident occurred.

Schools

The public schools this block is zoned for — its official School District of Philadelphia catchments.

Elementary & Middle · K-8
George Sharswood
2300 S 2nd St · 317 students
High · 9-12
Horace Furness
1900 S 3rd St · 836 students

Catchment assignments from the School District of Philadelphia via City of Philadelphia open data. Confirm with the District before enrollment decisions.

What it's worth, and where taxes are going

Median assessed value · 2016–2027

$0$13M$25M$10M2016: $3.2M2017: $3.2M2018: $4.5M2019: $4.9M2020: $4.9M2021: $4.9M2022: $4.9M2023: $6.0M2024: $6.0M2025: $6.4M2026: $6.4M2027: $10M2016202020232027

▲ +215% since 2016

Estimated property tax · per home, per year

$0$50,000$100,000$84,0292016: $44,8492017: $44,8492018: $62,3382019: $30,7782020: $30,7782021: $30,7782022: $30,7782023: $33,1762024: $33,1762025: $34,0052026: $34,0052027: $84,0292016202020232027

▲ +87% since 2016 · ~+6%/yr

1
1 property on this block show a material assessment exemption. At the current rate, the difference between full and taxable assessments reduces the block's annual estimate by about $595,265. OPA's numeric split does not establish whether any row is Homestead, an abatement, another program, or when treatment changes.

The block as an asset

Read like a financial asset, this block has beaten the Philadelphia market, compounding +11% a year against the city's 6.5%.

Indexed performance · this block vs. the Philadelphia market

9510050020162019202220252027This block 315 Philadelphia 201

Rebased to 100 in 2016, like a stock against its index. $100 in the typical home here would be worth $315 today versus $201 across Philadelphia — this block outpaced the market.

Annualized return
+11%/yr
price, since 2016
Total appreciation
+215%
since 2016
Real return
+8%/yr
after ~3% inflation
vs. Philadelphia
+4.5 pts
market 6.5%/yr

Return is from assessed-value history (a proxy for market price, lumpy in reassessment years). Informational only, not investment advice.

How often it changes hands

This block has recorded 4 arm's-length sales since 2019. The typical home has sold 1 time in that window, while 2 have not changed hands at all.

Every recorded sale · price & date

$0$50M$100M20192020
4arm's-length sales since 2019
1times the typical home has sold
2most sales for a single property
2homes never sold in the window

Who owns it

Ownership of 4 parcels

Investor / LLC: 1Absentee individual: 1Vacant: 2 4parcels
  • Investor / LLC 1
  • Absentee individual 1
  • Vacant 2

Value distribution today

1 parcels0 parcels1 parcels0 parcels0 parcels0 parcels2 parcels
$4.6M$13M+
OwnerOn blockOwns citywidePortfolio valueTax bills mail toSource
Park 2400 Weccacoe Avenue Owner LLC23$55MC/O Glp Us Management Ii Llc 100 Wilshire Boulevard Suite 940, Santa Monica CA, 90401phila.gov ↗ · registry ↗
Sophil Co12$8.1MPo Box 28606, Atlanta GA, 30358phila.gov ↗ · registry ↗

The mailing address is where the assessor sends the tax bill — for an LLC, often the closest public record gets to the person behind it. "Registry" searches the owner's name in state incorporation records (OpenCorporates).

Parcel by parcel

All 4 parcels on the block — value trajectory, ownership, and the paper trail assembled from the fetched public datasets. Sorted up the street; each links to its property report and official sources — or download the roster (CSV).

Every parcel's assessed value, 2016–2027 — each line is one parcel

$0$25M$50M201620182020202220242026Block median
Each houseNew build / flipBlock median
AddressOwnershipValue & trendSq ftBuiltSalesFlags
2410 WECCACOE AVE Vacant lot Bought for $17M in 2019, built new under a 2019 permit, sold for $72M in 2020. Vacant $7.4M 2
2414 WECCACOE AVE Industrial building Bought for $17M in 2019, built new under a 2021 permit (reduced taxable assessment shown). Investor / LLC $43M 283,500 2023 2 assessment exemption · basis unverified
2420 WECCACOE AVE Industrial building 9 L&I violations (2021); Inspection failed (2021); Inspection passed (2024); 4 L&I violations (2025); Inspection failed ×3 (2025). Absentee individual $13M 176,175 1950 0 4 viol
2421 WECCACOE AVE Vacant lot Vacant $4.6M 0

Neighborhood

Median income
$-667M
household
Own vs. rent
owner-occupied
Median age
-666666666
residents
Median rent
$-667M
gross monthly

Generated 2026-07-10 from public City of Philadelphia records  ·  Download this block's data (CSV)

Where this comes from

Methodology & freshness

This report was assembled Jul 10, 2026, 3:04 AM ET. Available City datasets are queried from OpenDataPhilly (phl.carto.com) and the cited City ArcGIS feeds; record queries paginate rather than silently taking a first page. “Unavailable” means the source query failed or was not supplied, not “no record.” Reports re-pull on view after seven days and on an overnight rolling schedule; citywide benchmarks recompute weekly. Source dates still govern: the parcel-level tax-delinquency snapshot is June 2022 and the separate detailed tax ledger ends in 2016, so neither establishes today’s balance. The live balance and date-effective payoff must be verified in Tax Center. AI-written passages are grounded in the assembled record and rejected if they state a number the record does not hold.