Mixed-use report

1119 E Passyunk Ave

3 stories · 3,375 sqft · CMX2.5 · built 2023

Investor / LLC · assessed $761K (2026) · 2027 OPA assessment $1.0M. On the 1100 block of E Passyunk Ave.

Property summary

“Open” reflects records available then historical records keep their source dates estimates are labeled

BlockReport AI · cited public records

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Street view of 1119 E Passyunk Ave
From the street — imagery © Google
From above — imagery © Esri, Maxar

The estimate, live balance, and back-tax record are different.

BlockReport can calculate the annual tax from the City’s taxable assessment. Payments, credits, interest, and a current amount due live separately in Philadelphia Tax Center.

Estimated annual Real Estate Tax$3,551/year

2026 taxable assessment $253,667 × 1.3998%. Estimate—not a bill or account balance.

OPA also publishes a 2027 assessment of $1,046,200; it is not the 2026 billed-year value.

Official current account balanceCheck live

A Tax Center balance is net of bills, payments, credits, interest, and adjustments. A credit—or an amount due—is not automatically “back taxes.”

OPA 871000110
Open Philadelphia Tax Center →Choose “View period balance” to see the tax year and any credit, interest, or delinquency.
Exemption classificationPartial assessment exemption — basis unverified

2026 OPA taxes $253,667 of $761,000 assessed. The assessment fields alone do not identify a program, approval date, expiration, or buyer eligibility.

See the assessment math →
Full-assessment scenario$10,652/year

Applying the same rate to the billed-year full assessment. OPA's numeric split does not say when or whether the current treatment changes.

See the assessment math →
Historical delinquency sources No current conclusion

The June 2022 delinquency snapshot was not verifiably available in this cached report. No conclusion about a match—or today’s balance—can be drawn from that absence.

For a purchase, refinance, or closing, request the City’s official Property Payoff statement in Tax Center under “More options.”

What stands out

From the public record

Fetched L&I and zoning records

Every row successfully fetched for this report is counted below. Dataset availability and matching can differ from the City's interactive file; use the official link for current detail.

Open the City record ↗
Recorded owner
Trinh Investment Group LLC
Tax mailing address
1240 S 05TH ST, PHILADELPHIA PA, 19147
L&I district
Building ID (BIN)
OPA account
871000110
Permits0Unavailable
Violation cases0Unavailable
Investigations0Unavailable
Building certifications0Unavailable
Business licenses0Unavailable
Appeals1Completed · Granted with conditions
PermitsPermit number, issued date, work and City status0

No permits matched this parcel in the fetched City dataset.

Violation cases0 individual violation records; resolved history remains visible0

No violation cases matched this parcel in the fetched City dataset.

InvestigationsEvery inspector visit, including CLOSED outcomes0

No investigations matched this parcel in the fetched City dataset.

Building certificationsInspection result and filed expiration date by L&I building ID0

No building certifications matched this parcel in the fetched City dataset.

Business licensesHistorical and active licenses are both retained0

No business licenses matched this parcel in the fetched City dataset.

AppealsApplication status and decision are separate City fields1
ZBA Permit Denial - VarianceAppeal ZP-2021-007768

Dec 6, 2021 Completed Granted with conditions

PERMIT FOR THE DEMOLITION OF ALL EXISTING STRUCTURES ON THE LOT; FOR THE ERECTION OF A THREE (3) STORY STRUCTURE WITH CELLAR, ROOF DECK ACCESSED BY A ROOF DECK ACCESS STRUCTURE, AND ONE (1) ACCESSORY SURFACE PARKING SPACE; FOR USE AS VACANT

City of Philadelphia OPA, L&I and Zoning Board records, shown as filed. A CLOSED investigation is an outcome label, not a missing visit; an appeal's application status and decision may differ.

Records to verify together

Rule-based groupings across this property's dated public records. Each flag shows the records that belong in the same verification step and where the inference stops.

Dated record flagRecent transition activity

The property has an unusually active paper trail worth monitoring for the next permit, inspection, deed, or listing.

Evidence: 4 permit events since 2023

Limit: Record activity alone does not establish that a sale or redevelopment is planned.

Dated record flagAssessment/permit mismatch

The assessment jumped 37% in 2027, but no matching permit appears in the property timeline.

Evidence: assessment moved from $761,000 to $1,046,200 · no permit shown in 2026-2028

Limit: Not proof of unpermitted work; reassessment, corrected data, or a permit under another parcel can also explain it.

Transparent record rules, not a score or forecast. Each flag is a prompt to verify the cited records, not a prediction or allegation.

What to do with this

The record, translated into moves — what a buyer, the owner, and a landlord would each want to check next under Philadelphia's actual rules.

If you’re buying

Verify the current tax bill and exemption

The 2026 taxable assessment implies about $3,551/yr, while applying the same rate to the full assessment would imply about $10,652/yr — $7,101/yr more. OPA's assessment split does not establish the exemption program, expiration, or buyer eligibility. Verify the basis and live bill with OPA and Revenue.

The last transfer used nominal consideration

The latest deed records $100 or less and shared-name parties. That is not a usable market-sale price and can reflect a family, estate, gift, correction, or entity transfer. Inspect the deed and order a title search rather than inferring the relationship or chain.

If you’re the landlord

If it is rented, verify the Rental License

The fetched license records do not show an active Rental License. Ownership type or a tax mailing address does not prove that tenants occupy the property; if it is rented, verify the current license and legal occupancy in eCLIPSE.

Derived from the fetched property records and linked City guidance as of 2026. Assessment treatment is not a substitute for an exemption approval, live balance, title report, license, occupancy certificate, or inspection. Informational only — not legal, tax, or investment advice.

Who's behind it

Trinh Investment Group LLC · corporate / LLC owner

• Owns 2 properties across Philadelphia under this name, assessed at $1.3M combined
• Tax bills mail to 1240 S 05th St, Philadelphia PA, 19147
• The last transfer was a nominal/family deed, not an open-market sale

The investment read

How this building has moved and where it's pointed: the city's assessed value (not a listing price) over 12 years, charted against its block; appreciation is that history's pace, and the 5-year figure simply extends it. Yield estimates rent-vs-price from area rents. Ask the record to dig into any number.

Assessed value
$761,000
2026 billed-year assessment · 2027: $1,046,200 · built 2023
Price / sq ft
$310
block $225 · above block
Appreciation
+37%
+37%/yr, city 6.5%
In 5 years (~2031)
~$1.1M
+37%/yr own pace held 5 yrs — extrapolation, not a forecast
Est. tax bill / yr
$3,551
0.34% effective, reduced taxable assessment
Jun 2022 tax snapshot
Gross yield
1.8%
≈$2K/mo rent
Times sold
0
latest deed has shared-name parties

Value vs. the block, over time — sales, permits & L&I events marked on the line

$0$1.0M$2.0M2021: New construction, addition, GFA change 2021: Appeal granted with conditions2022: New Construction 2022: Full Demolition2023: New Construction 2023: New Construction or Additions 2023: New Construction2024: Change of Use$1.0M201620222027
This houseBlock median & rangeZoningPermit

The paper trail

built new under a 2021 permit (reduced taxable assessment shown).

  1. 2021 New construction, addition, GFA changePermitAppeal granted with conditionsZoning
  2. 2022 New ConstructionPermitFull DemolitionPermit
  3. 2023 New ConstructionPermitNew Construction or AdditionsPermitNew ConstructionPermit
  4. 2024 Change of UsePermit

Flags: material assessment exemption — legal basis and term unverified · 1 zoning/board appeal on record · latest deed has shared-name parties — relationship unverified. Informational only — not investment advice or a consumer report (FCRA).

The assessment exemption gap

OPA's 2026 taxable assessment implies about $3,551/year. Applying the same 1.3998% rate to the full assessed value would imply ~$10,652/year$7,101/year more. That is a scenario, not a forecast: the assessment split alone does not identify the exemption program, approval date, expiration, transfer treatment, or live Tax Center balance.

2026: ~$3,551/yr2026
2026~$3,551/yrestimated from assessment

2026: ($761,000 assessed − $507,321 exempt) × 1.3998% ≈ $3,551/yr full-assessment scenario: $761,000 × 1.3998% ≈ $10,652/yr The OPA amount does not prove a ten-year abatement or any other specific program. Obtain the approval history and verify the current Tax Center account; a buyer should not assume the seller's relief transfers or restarts.

The property, on paper

The city assessor's field record — the physical spec sheet behind the assessed number.

Stories
3
Interior
3,375 sqft
livable area
Lot
1,500 sqft
Exterior condition
Newer construction
city code 1
Newer construction
Interior condition
Newer construction
city code 1
Newer construction
Quality grade
2
assessor's grade
Zoning
CMX2.5
city zoning code
Zoning appeals
1
Completed · Granted with conditions · 2021

OPA field-assessment attributes. Condition and grade are the assessor's codes, not an inspection.

Run the numbers

What owning 1119 E Passyunk Ave takes, at your price and your rate. Taxes start with an annual estimate from the City’s taxable assessment, not a current bill or balance; rent starts at the area median. Assessed value is not an asking price — set the price slider to the real one.

$1.0M
20%
6.875%
$2K/mo
Mortgage
P&I · 30-yr fixed
All-in monthly
+ taxes & insurance
Cash to close
down + ~4% costs
Cash flow
rent − all costs · /mo
Cap rate
NOI ÷ price
Cash-on-cash
year-1 return on cash in

Estimates for orientation, not advice. Assumes a 30-year fixed loan, $1,400/yr insurance, 1% of price/yr maintenance; taxes use this parcel's taxable assessment with an optional full-assessment stress test, not a live Tax Center balance.

Block context

1119 E Passyunk Ave sits on the 1100 block of E Passyunk Ave. Open the block report to compare its parcels, ownership and public-record history.

See the whole block →

Next door: 1117 E Passyunk Ave  ·  1121 E Passyunk Ave

Where this comes from

Methodology & freshness

This report was assembled Jul 9, 2026, 2:00 PM 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.

Official city record ↗  ·  L&I history ↗  ·  See the whole block  ·  Download this record (JSON)