NOT LISTED FOR SALE

1242 Sanborn Ave Los Angeles, CA 90029

Estimated Value: $1,049,000 - $1,151,000

2 Beds
1 Bath
744 Sq Ft
$1,472/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $930,000 $1,250 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,948/month

9 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Eat-In Kitchen
  • John Marshall Senior High Rated A
  • Neighborhood Views
  • Bathtub

About This Home

As of July 2021

LAR2 Lot. This adorable two-bedroom, one bath is situated in the heart of Silver Lake. This sunny home boasts laminate floors, an eat-in kitchen and sits on a charming lot, with a driveway and storage shed. Highly walkable and Located within the Los Angeles Unified School District. Close to Griffith Park, many local shops, restaurants, the Vermont/Santa Monica Metro, LA City College with easy access to the 101,110 & 2 freeways. Photos are digitally staged.

Last Agent to Sell the Property

Richard Magana

West Shores Realty, Inc. License #01996377 Listed on: 05/15/2021

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,783

Year Built

  • Built in 1921

Lot Details

  • 4,487 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Interior Spaces

  • 744 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 67
  • Assessor Parcel Number 5429012007

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,783

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5429012007
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 744.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1250.00
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom
  • Bathroom Features: Bathtub

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4487.00
  • Lot Size Acres: 0.1030

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4487.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1954.00
  • Tax Lot: 67
  • Tax Tract Number: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 23, 2021
Sold by
Upfront Homebuyers Llc
Bought by
Kim Phillip W
Seller's Agent
Richard Magana
West Shores Realty, Inc.
List Price
$879,000
Sold Price
$930,000
Premium/Discount to List
$51,000
5.8%
Current Estimated Value
$1,094,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,988
Avg. Annual Appreciation
4.02%
Original Mortgage
$822,000
Outstanding Balance
$748,123
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$344,458

Purchase Details

Closed on
Apr 30, 2021
Sold by
Lam Helen
Bought by
Upfront Homebuyers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Outstanding Balance
$748,123
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$344,458

Purchase Details

Closed on
Oct 6, 2005
Sold by
Lam Wai Chi
Bought by
Lam Helen

Purchase Details

Closed on
Sep 30, 1996
Sold by
Lam Wai C
Bought by
Lam Wai Chi and Lam Helen
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
Kim Phillip W $930,000 Provident Title Company
Upfront Homebuyers Llc $755,000 Provident Title Co
Lam Helen -- --
Lam Wai Chi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Phillip W $822,000
Previous Owner Upfront Homebuyers Llc $782,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $930,000 +5.8% $1,250 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $879,000 -- $1,181 / 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 $11,783 $986,922 $789,538 $197,384
2024 $11,783 $967,571 $774,057 $193,514
2023 $11,553 $948,600 $758,880 $189,720
2022 $11,009 $930,000 $744,000 $186,000
2021 $552 $33,004 $24,656 $8,348
2020 $554 $32,667 $24,404 $8,263
2019 $538 $32,027 $23,926 $8,101
2018 $489 $31,400 $23,457 $7,943
2017 $477 $30,786 $22,998 $7,788
2016 $458 $30,184 $22,548 $7,636
2015 $453 $29,732 $22,210 $7,522
2014 $464 $29,150 $21,775 $7,375
Source: Public Records

Agents Affiliated with this Home

  • Richard Magana

    Seller's Agent in 2021

    Richard Magana

    West Shores Realty, Inc.

    (310) 872-1892

    1 in this area

    85 Total Sales

    Richard Magana
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21103739

California Regional Multiple Listing Service (CRMLS)

APN: 5429-012-007

California Los Angeles County Los Angeles 90029

1242 Sanborn Ave, Los Angeles, CA

This home is located at 1242 Sanborn Ave, Los Angeles, CA 90029 since 15 May 2021 and is currently estimated at $1,094,988, approximately $1,471 per square foot. This property was built in 1921. 1242 Sanborn Ave is a home located in Los Angeles County with nearby schools including Micheltorena Street Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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