NOT LISTED FOR SALE

1318 N Alma Ave Los Angeles, CA 90063

Estimated Value: $626,000 - $778,612

2 Beds
1 Bath
997 Sq Ft
$721/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $628,000 $630 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,584/month

54 Days on Market

Highlights

  • Mountain View
  • Main Floor Bedroom
  • Ductless Heating Or Cooling System
  • Abraham Lincoln High School Rated A
  • No HOA
  • Living Room

About This Home

As of October 2022

Cozy home located near Cal State LA, Keck Hospital and Downtown Los Angeles. This charming house is located in a highly desirable area and on a secluded small street. Iron gates invite you into the home on a long, spacious driveway. The garage has a kitchen and full bathroom, without permits. Home has appraised for $750k. The unique home is a must see!!

Last Agent to Sell the Property

Kristine Barsumyan

KT Realty Group, Inc. License #02045440 Listed on: 08/02/2022

Last Buyer's Agent

Saman Sabeti-toussi

No Firm Affiliation License #01942263

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,378

Year Built

  • Built in 1953

Lot Details

  • 5,253 Sq Ft Lot
  • Landscaped
  • Back and Front Yard
  • Property is zoned LCR2*

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Valley
  • Neighborhood

Interior Spaces

  • 997 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • ENERGY STAR Qualified Equipment
  • Suburban Location

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Legal Lot and Block 3 / 4
  • Tax Tract Number 5750
  • Assessor Parcel Number 5229010003
  • $747 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,378

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5229010003
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 997.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 629.89
  • Room Type: Family Room, Living Room, Main Floor Bedroom

Exterior Features

  • View: Mountain(s), Neighborhood, Valley
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless, Natural Gas, Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless, Electric, Energy Star Qualified Equipment, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban, Valley

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 5253.00
  • Lot Size Acres: 0.1206
  • Latitude Manual: 34.05388300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5253.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 5308.01
  • Tax Lot: 3
  • Tax Tract Number: 5750
  • TaxOtherAnnualAssessmentAmount: 747.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Oct 13, 2022
Sold by
Tsolakyan Mikayel
Bought by
London Chelsea and Castel Christine
Seller's Agent
Kristine Barsumyan
KT Realty Group, Inc.
Buyer's Agent
Saman Sabeti-toussi
No Firm Affiliation
List Price
$700,000
Sold Price
$628,000
Premium/Discount to List
-$72,000
-10.29%
Views
21
Current Estimated Value
$718,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,653
Avg. Annual Appreciation
5.00%
Original Mortgage
$502,400
Outstanding Balance
$486,620
Interest Rate
6.7%
Mortgage Type
Balloon
Estimated Equity
$236,483

Purchase Details

Listed on
Apr 21, 2012
Closed on
Jun 26, 2012
Sold by
Duran Enedina
Bought by
Tsolakyan Mikayel
Seller's Agent
Rafael Viramontes
GKR Investments
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$190,000
Sold Price
$200,000
Premium/Discount to List
$10,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.73%
Original Mortgage
$194,342
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 1998
Sold by
Duran Marco
Bought by
Duran Enedina
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
London Chelsea $628,000 Stewart Title Company
Tsolakyan Mikayel $200,000 Investors Title
Duran Enedina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open London Chelsea $502,400
Previous Owner Tsolakyan Mikayel $365,000
Previous Owner Tsolakyan Mikayel $260,000
Previous Owner Tsolakyan Mikayel $194,342
Previous Owner Tsolakyan Mikayel $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $628,000 -7.0% $630 / Sq Ft
09/25/2022 09/25/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $675,000 -3.6% $677 / Sq Ft
08/02/2022 08/02/22 For Sale $700,000 +250.0% $702 / Sq Ft
06/30/2012 06/30/12 Sold $200,000 +5.3% $201 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
04/21/2012 04/21/12 For Sale $190,000 -- $191 / 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 $8,378 $653,370 $522,696 $130,674
2024 $8,378 $640,560 $512,448 $128,112
2023 $8,232 $628,000 $502,400 $125,600
2022 $3,401 $236,712 $139,898 $96,814
2021 $3,359 $232,071 $137,155 $94,916
2019 $3,260 $225,189 $133,088 $92,101
2018 $3,152 $220,775 $130,479 $90,296
2016 $3,015 $212,204 $125,413 $86,791
2015 $2,969 $209,018 $123,530 $85,488
2014 $2,969 $204,925 $121,111 $83,814
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22170253

California Regional Multiple Listing Service (CRMLS)

APN: 5229-010-003