NOT LISTED FOR SALE

12000 Otsego St Valley Village, CA 91607

Valley Village Neighborhood

Estimated Value: $1,742,000 - $2,188,942

2 Beds
1 Bath
1,588 Sq Ft
$1,229/Sq Ft Est. Value

Last Sold April 18, 2023

Last sale price $1,745,000 $1,099 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $12,437/month

9 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Corner Lot
  • North Hollywood Senior High School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of April 2023

BUILDERS, CONTRACTORS, DEVELOPERS! Presenting a rare, valued opportunity to develop, design and build the quintessential dream home in the most sought after neighborhood in prime Valley Village. A magnificent, sweeping 1/4 acre corner lot located on a picturesque, tree lined street in the award winning Colfax Charter School District, just moments from beloved Valley Village Park, Gelson's, Universal, CBS, NBC, Disney and Warner Bros. Studios, and the unique boutiques, charming cafes, art galleries and theaters of the NoHo Arts District.

Last Agent to Sell the Property

Michael Okun

Sotheby's International Realty License #01430979 Listed on: 03/07/2023

Sotheby's International Realty

Last Buyer's Agent

Joseph Treves

Compass License #01307958

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,647

Year Built

  • Built in 1939

Lot Details

  • 10,875 Sq Ft Lot
  • Corner Lot
  • Front Yard
  • Value in Land
  • Tear Down
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,588 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2355-001-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,647

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1588
  • Lot Acreage: 0.2497
  • Property Condition: Tear Down, Value Mainly In Land
  • Stories: 1
  • Year Built: 1939
  • Number Of Photos: 20
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven
  • Inclusions: Personal property left at COE.
  • Price Per S Q F T: 941.44

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Garage
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 2355-001-015
  • Lot Description: Front Yard
  • Lot Location: Corner Lot
  • Lot Size Area: 10875

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 12, 2023
Sold by
Paul Max Goolnick Revocable Trust
Bought by
Lawrence H Kraft 2012 Irrevocable Trust
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Joseph Treves
Compass
List Price
$1,495,000
Sold Price
$1,745,000
Premium/Discount to List
$250,000
16.72%
Views
55
Current Estimated Value
$1,951,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,486
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Oct 24, 2018
Sold by
Goolnick Paul Max
Bought by
Goolnick Paul Max and Paul Max Goolnick Revocable Tr
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lawrence H Kraft 2012 Irrevocable Trust $1,745,000 Fidelity National Title
Goolnick Paul Max -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goolnick Paul $134,000
Previous Owner Goolnick Paul $131,475
Previous Owner Goolnick Paul $136,400
Previous Owner Goolnick Paul M $250,000
Previous Owner Goolnick Paul $158,100
Previous Owner Goolnick Paul $25,000
Previous Owner Goolnick Paul $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2023 04/18/23 Sold $1,745,000 +16.7% $1,099 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $1,495,000 -- $941 / Sq Ft
Source: The MLS

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 $21,647 $1,815,497 $1,409,637 $405,860
2024 $21,647 $1,779,900 $1,381,998 $397,902
2023 $6,224 $501,404 $467,154 $34,250
2022 $5,936 $491,574 $457,995 $33,579
2021 $5,857 $481,936 $449,015 $32,921
2019 $5,682 $467,644 $435,698 $31,946
2018 $5,617 $458,475 $427,155 $31,320
2016 $5,358 $440,673 $410,569 $30,104
2015 $5,280 $434,054 $404,402 $29,652
2014 $5,304 $425,553 $396,481 $29,072
Source: Public Records

Agents Affiliated with this Home

  • Michael Okun

    Seller's Agent in 2023

    Michael Okun

    Sotheby's International Realty

    (818) 415-1819

    70 in this area

    184 Total Sales

    Michael Okun
    Section Image

  • J

    Buyer's Agent in 2023

    Joseph Treves

    Compass

    (310) 617-6746

    1 in this area

    17 Total Sales

    Joseph Treves
    Section Image
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Map

Source: The MLS

MLS Number: 23-245563

The MLS

APN: 2355-001-015

California Los Angeles County Valley Village 91607 Valley Village

12000 Otsego St, Valley Village, CA

This home is located at 12000 Otsego St, Valley Village, CA 91607 since 07 March 2023 and is currently estimated at $1,951,486, approximately $1,228 per square foot. This property was built in 1939. 12000 Otsego St is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Colfax Charter Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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. Properties may or may not be listed by the office/agent presenting the information.
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