NOT LISTED FOR SALE

12426 Otsego St Valley Village, CA 91607

Valley Village Neighborhood

Estimated Value: $1,416,000 - $1,716,000

4 Beds
2.5 Baths
1,960 Sq Ft
$790/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $1,116,000 $569 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,616/month

35 Days on Market

Highlights

  • Attached Guest House
  • Traditional Architecture
  • Corner Lot
  • North Hollywood Senior High School Rated A
  • Wood Flooring
  • Granite Countertops

About This Home

As of September 2020

Studio apartment (ADU) attached to main home in quiet Valley Village neighborhood. Walking distance to grocery, restaurants and NoHo nightlife. Easy access to multiple freeways (101, 134, 170, 5, 405) and nearby Hollywood Studio. Full kitchen with dishwasher and new appliances. Tiled bathroom with large shower. Wall unit provides both air conditioning and heat, plus a ceiling fan. Can come furnished or unfurnished (for a lower rental price). No washer dryer in unit, but many laundromats nearby. Double mirrored closet holds plenty of storage space.

Last Agent to Sell the Property

Michael Okun

Sotheby's International Realty License #01430979 Listed on: 07/07/2020

Sotheby's International Realty

Last Buyer's Agent

Derek DiMaggio

Compass License #02014536

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,399

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 6,319 Sq Ft Lot
  • Lot Dimensions are 80x77
  • Wood Fence
  • Corner Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • Bathtub with Shower

Parking

  • 2 Open Parking Spaces
  • Converted Garage
  • Driveway

Additional Homes

  • Attached Guest House

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Water Purifier
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2356-022-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,399

Year Built

Built in 1948 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Presenting a charming mid-century traditional, modernized with the design & amenities for todays lifestyle. Located in the award winning Colfax Charter School District, the exterior presentation is picture perfect with distinctive, eco friendly grounds. Inside, spaces are casually elegant & airy with serene neutral hues. Wood floors grace the living areas. The kitchen features fine stainless steel appliances & vintage range. Glass sliding doors provide seamless transition to a serene, private retreat. The ideal venue for the California lifestyle of relaxed al fresco leisure. Highlights include energy efficient amenities & permitted, self-sustained attached garage converted ADU unit offering a myriad of possibilities! Located moments to great parks, shopping, dining & all the best of what Valley Village has to offer. Note: Property consists of approx. 1,590 sq.ft. 3 bedroom + 1.5 bath main house plus approx. 370 sq.ft. attached ADU unit.
  • Living Area: 1960
  • Lot Acreage: 0.1451
  • Lot Dimensions: 80x77
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Range, Oven-Gas
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Formal Dining Rm
  • Kitchen Features: Granite Counters
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Garbage Disposal, Dishwasher, Water Filter, Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 573.98

Exterior Features

  • Other Features: Energy Efficient
  • Other Structures: Accessory Dwelling Unit
  • Fence: Wood
  • Guest House: Attached
  • Patio: Covered
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway, Converted Garage

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 2356-022-001
  • Lot Location: Corner Lot
  • Lot Size Area: 6319

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 13, 2020
Sold by
Wynne Jones Garth
Bought by
Spotts Lara and Spotts Maia
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Derek DiMaggio
Compass
List Price
$1,199,000
Sold Price
$1,116,000
Premium/Discount to List
-$83,000
-6.92%
Current Estimated Value
$1,547,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,513
Avg. Annual Appreciation
6.80%
Original Mortgage
$760,000
Outstanding Balance
$675,979
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$871,534

Purchase Details

Closed on
Feb 27, 2019
Sold by
Wynne Jones Melissa
Bought by
Wynne Jones Garth

Purchase Details

Closed on
Oct 5, 2010
Sold by
Carvlin Christopher and Carvlin Suzanne
Bought by
Wynne Jones Garth and Wynne Jones Melissa

Purchase Details

Closed on
Jun 30, 2003
Sold by
Lyle Hellura
Bought by
Carvlin Christopher and Carvlin Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2002
Sold by
Lyle Hellura
Bought by
Lyle Hellura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
6.74%

Purchase Details

Closed on
Feb 27, 2001
Sold by
King Gene Edward
Bought by
Lyle Hellura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,300
Interest Rate
6.97%
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
Spotts Lara $1,116,000 Fidelity National Title
Wynne Jones Garth -- None Available
Wynne Jones Garth $585,000 California Title Company
Carvlin Christopher $507,000 Equity Title Company
Lyle Hellura -- Lawyers Title Company
Lyle Hellura $373,000 Equity Title Company
Lyle Hellura -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spotts Lara $250,000
Open Spotts Lara $760,000
Previous Owner Carvlin Christopher $392,472
Previous Owner Carvlin Christopher $400,000
Previous Owner Lyle Hellura $30,000
Previous Owner Lyle Hellura $279,000
Previous Owner Lyle Hellura $279,300
Previous Owner King Gene Edward $50,000
Closed Carvlin Christopher $56,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 For Rent $2,000 0.0% --
10/28/2024 10/28/24 Off Market $2,000 -- --
10/08/2024 10/08/24 Off Market $2,000 -- --
09/25/2024 09/25/24 For Rent $2,000 0.0% --
09/15/2020 09/15/20 Sold $1,116,000 -0.8% $569 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/05/2020 08/05/20 Price Changed $1,125,000 -2.1% $574 / Sq Ft
07/19/2020 07/19/20 Price Changed $1,149,000 -4.2% $586 / Sq Ft
07/07/2020 07/07/20 For Sale $1,199,000 -- $612 / 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 $14,399 $1,207,992 $966,394 $241,598
2024 $14,399 $1,184,307 $947,446 $236,861
2023 $14,117 $1,161,086 $928,869 $232,217
2022 $13,455 $1,138,320 $910,656 $227,664
2021 $13,266 $1,116,000 $892,800 $223,200
2020 $8,370 $685,305 $474,208 $211,097
2019 $8,037 $671,868 $464,910 $206,958
2018 $7,971 $658,695 $455,795 $202,900
2016 $7,611 $633,119 $438,097 $195,022
2015 $7,499 $623,610 $431,517 $192,093
2014 $7,526 $611,396 $423,065 $188,331
Source: Public Records

Agents Affiliated with this Home

  • Michael Okun

    Seller's Agent in 2020

    Michael Okun

    Sotheby's International Realty

    (818) 415-1819

    70 in this area

    185 Total Sales

    Michael Okun
    Section Image
  • Derek DiMaggio

    Buyer's Agent in 2020

    Derek DiMaggio

    Compass

    (646) 704-3024

    1 in this area

    17 Total Sales

    Derek DiMaggio
    Section Image
  • Andrew Rhoda

    Buyer Co-Listing Agent in 2020

    Andrew Rhoda

    Carolwood Estates

    (213) 915-8879

    2 in this area

    65 Total Sales

    Andrew Rhoda
    Section Image
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Map

Source: The MLS

MLS Number: 20-599956

The MLS

APN: 2356-022-001

California Los Angeles County Valley Village 91607 Valley Village

12426 Otsego St, Valley Village, CA

This home is located at 12426 Otsego St, Valley Village, CA 91607 since 07 July 2020 and is currently estimated at $1,547,513, approximately $789 per square foot. This property was built in 1948. 12426 Otsego St is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Riverside Drive Charter Elementary School.

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