NOT LISTED FOR SALE

Estimated Value: $1,179,000 - $1,315,000

2 Beds
1 Bath
984 Sq Ft
$1,244/Sq Ft Est. Value

Last Sold August 27, 2015

Last sale price $610,000 $620 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $7,381/month

Highlights

  • Updated Kitchen
  • Midcentury Modern Architecture
  • Main Floor Bedroom
  • Open Floorplan
  • Wood Flooring
  • Quartz Countertops

About This Home

As of March 2024

Perched on a well maintained street in the desirable Toluca Terrace, you will find this charming and thoughtfully updated home. As you enter the property, the spacious front yard and bright white exterior with black accents draw you in. Recently updated with new LVP flooring, the bright and spacious living room is the first space to greet you. Just off the living room is a quaint dining room that flows into the recently updated kitchen. Fresh white quartz countertops, subway backsplash and new tile flooring create an open and inviting kitchen space. Through the kitchen, you will find the private laundry room with newer appliances. At the front of the home sit both the primary and secondary bedrooms. Both rooms feature large windows that let through ample natural light and spacious walk in closets. Towards the rear of the home, you will also find an oversized den space with a separate office attached. As you enter the backyard oasis you are greeted by large palms growing from a generous lawn space, beautiful tall shrubs offering plenty of privacy and a 20 year old lemon tree that bears hundred of lemons per year. A large patio as well as a generous covered patio just off the garage, provide the perfect relaxation space. The extended driveway and two-car garage add to the appeal and utility. Other interior improvements include recessed lighting throughout, updated LVP flooring, updated kitchen tile, quartz countertop, subway backsplash, doubled paned windows in the front living room, primary and guest bedroom. Located near Burbank, Toluca Lake, No Ho Arts District, theaters, shops, restaurants, a library and multiple studios, this is a prime location and rare opportunity!

Last Agent to Rent the Property

Christian Wach

Talavera Real Estate Brokerage Phone: 949-370-3917 License #01922260 Listed on: 03/20/2024

Co-Listed By

Aubrey Boehm

Talavera Real Estate Brokerage Phone: 949-370-3917 License #02123747

Last Renter's Agent

Christian Wach

Talavera Real Estate Brokerage Phone: 949-370-3917 License #01922260 Listed on: 03/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,725

Year Built

  • Built in 1943

Lot Details

  • 7,505 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Brick Exterior Construction
  • Raised Foundation
  • Fire Rated Drywall
  • Asbestos Shingle Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Window Screens
  • Insulated Doors
  • Living Room with Fireplace
  • Dining Room
  • Den

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Gas Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Walter Reed Middle School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $5,500
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 3/20/24
  • Tax Lot 9
  • Tax Tract Number 12616
  • Assessor Parcel Number 2417015009

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,725

Year Built

Built in 1943

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-03-20
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Pets: 500
  • Deposit Security: 5500
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK
  • Total Move In Costs: 10050.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: No
  • Architectural Style: Mid Century Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2417015009
  • Year Built: 1943
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 984.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Crown Molding, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.47
  • Room Type: Den, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Walk-In Closet
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Shower In Tub, Exhaust Fan(s)
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Patio And Porch Features: Concrete, Covered
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Brick, Concrete, Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Refrigerator, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks

Schools

  • School District: Los Angeles Unified
  • Middle School: Walter Reed
  • Middle Or Junior School: Walter Reed

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Landscaped, Lawn, Lot 6500-9999, Sprinkler System
  • Lot Size Sq Ft: 7505.00
  • Lot Size Acres: 0.1723

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7505.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 125.31
  • Tax Lot: 9
  • Tax Tract Number: 12616

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2021
Sold by
Karcich Alan J and Karcich Diane S
Bought by
Karcich Justin J and Karcich Rachel Ariel
Current Estimated Value
$1,223,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,000
Outstanding Balance
$498,302
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$725,389

Purchase Details

Listed on
Jul 14, 2015
Closed on
Oct 22, 2015
Sold by
Karcich Justin and Karcich Alan
Bought by
Karcich Alan J and Karcich Diane S
Seller's Agent
Sharrell Treat
Rodeo Realty
List Price
$589,000
Sold Price
$610,000
Premium/Discount to List
$21,000
3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$423,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2015
Closed on
Aug 6, 2015
Sold by
Karcich Diane
Bought by
Karcich Alan
Seller's Agent
Sharrell Treat
Rodeo Realty
List Price
$589,000
Sold Price
$610,000
Premium/Discount to List
$21,000
3.57%

Purchase Details

Listed on
Jul 14, 2015
Closed on
Jul 24, 2015
Sold by
Cornejo Edward
Bought by
Karcich Justin and Karcich Alan
Seller's Agent
Sharrell Treat
Rodeo Realty
List Price
$589,000
Sold Price
$610,000
Premium/Discount to List
$21,000
3.57%

Purchase Details

Closed on
Sep 24, 2012
Sold by
Cornejo Edward and Schorr Heather A
Bought by
Cornejo Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2000
Sold by
Sullivan Mollie M and Harrison Eric
Bought by
Cornejo Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Karcich Justin J -- Elevated Title Company
Karcich Alan J -- First American Title Company
Karcich Alan -- Chicago Title Company
Karcich Justin $610,000 Chicago Title Company
Cornejo Edward -- First American Title Company
Cornejo Edward $215,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karcich Justin J $548,000
Closed Karcich Alan J $423,500
Previous Owner Cornejo Edward $195,000
Previous Owner Cornejo Edward $100,000
Previous Owner Cornejo Edward $190,000
Previous Owner Cornejo Edward $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Rented $4,400 0.0% --
03/27/2024 03/27/24 Under Contract -- -- --
03/20/2024 03/20/24 For Rent $4,400 0.0% --
08/27/2015 08/27/15 Sold $610,000 +3.6% $620 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $589,000 -- $599 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,725 $722,109 $577,690 $144,419
2024 $8,725 $707,951 $566,363 $141,588
2023 $10,449 $851,932 $614,227 $237,705
2022 $8,075 $680,462 $544,371 $136,091
2021 $7,976 $667,121 $533,698 $133,423
2020 $8,056 $660,281 $528,226 $132,055
2019 $7,735 $647,335 $517,869 $129,466
2018 $7,661 $634,643 $507,715 $126,928
2016 $7,322 $610,000 $488,000 $122,000
2015 $3,413 $274,939 $219,955 $54,984
2014 $3,432 $269,554 $215,647 $53,907
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24055342

California Regional Multiple Listing Service (CRMLS)

APN: 2417-015-009