NOT LISTED FOR SALE

1401 N Avenue 56 Los Angeles, CA 90042

Estimated Value: $1,448,000 - $1,585,000

4 Beds
3 Baths
1,696 Sq Ft
$884/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $1,249,000 $736 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,574/month

29 Days on Market

Highlights

  • View of Hills
  • Laundry Room
  • Turnkey
  • No HOA
  • Central Air
  • Stacked Washer and Dryer

About This Home

As of September 2021

Stylishly remodeled home with great views and a spacious yard that has plans ready to issue for a 2 bedroom, 2 bath ADU! Set above the street, the home has wonderful views of the surrounding hills that can be taken in from just about every window! The spacious porch is perfect for relaxing and enjoying your favorite drink! With an outdoor light and fan, it's perfect for enjoying day or night and on hot days too! The interior has been remodeled from head to toe, starting with the kitchen. Featuring white cabinets with gorgeous quartz countertops and subway tile backsplash. All new appliances and gold trim make this kitchen stand out! Three bedrooms upstairs and a 4th downstairs currently staged as a dining area with barn doors. The 4th bedroom could also be used a home office. The front yard and back yard are connected and completely enclosed, creating a large outdoor space that also includes a wood burning firepit. Located just a short drive to major transportation, restaurants and shopping make this the ideal neighborhood to call home!

Last Agent to Sell the Property

Jack Stephan

Jack Stephan, Broker License #01916736 Listed on: 07/26/2021

Last Buyer's Agent

Claire Lissone

Real Estate Collective License #01426130

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,850

Year Built

  • Built in 1910

Lot Details

  • 6,883 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR1

Parking

  • 1 Car Garage

Property Views

  • Hills
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,696 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 1 / L
  • Assessor Parcel Number 5485005016

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,850

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5485005016
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1696.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 736.44
  • Room Type: Kitchen

Exterior Features

  • View: Hills, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, In Closet, Stackable, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

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: Back Yard
  • Lot Size Sq Ft: 6883.00
  • Lot Size Acres: 0.1580

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6883.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: L
  • Tax Census Tract: 1832.22
  • Tax Lot: 1
  • Tax Tract Number: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Sep 3, 2021
Sold by
Magnum Property Investments Llc
Bought by
Mcguire Alanna N and Mcguire Darren P
Seller's Agent
Jack Stephan
Jack Stephan, Broker
Buyer's Agent
Claire Lissone
Real Estate Collective
List Price
$1,299,000
Sold Price
$1,249,000
Premium/Discount to List
-$50,000
-3.85%
Current Estimated Value
$1,507,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,258
Avg. Annual Appreciation
4.83%
Original Mortgage
$822,375
Outstanding Balance
$751,555
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$748,098

Purchase Details

Closed on
Aug 14, 2019
Sold by
Jasso Javier
Bought by
Magnum Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2018
Sold by
Arriaga Ruben
Bought by
Pecina Marisa

Purchase Details

Closed on
Dec 3, 2016
Sold by
Pecina Marisa
Bought by
Pecina Marisa and Arriaga Ruben

Purchase Details

Closed on
Jul 26, 2007
Sold by
Pecina Marisa
Bought by
Jasso Jesus Javier and Pecina Marisa

Purchase Details

Closed on
Dec 30, 2005
Sold by
Jasso Jesus Javier
Bought by
Pecina Marisa and Pecina Herminia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2005
Sold by
Pecina Marisa
Bought by
Jasso Jesus Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2003
Sold by
Garibay George
Bought by
Pecina Marisa and Pecina Herminia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Garibay George
Bought by
Garibay George and Garibay Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2003
Sold by
Garibay George
Bought by
Garibay George and Garibay Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2003
Sold by
Garibay George
Bought by
Garibay George and Garibay Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2002
Sold by
Garibay George
Bought by
Garibay George and Garibay Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.25%

Purchase Details

Closed on
Oct 14, 1998
Sold by
Garibay George
Bought by
Pecina Herminia

Purchase Details

Closed on
Jul 25, 1997
Sold by
Pecina Benito
Bought by
Pecina Herminia and Garibay George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
3.95%
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
Mcguire Alanna N $1,249,000 Fidelity National Title Co
Magnum Property Investments Llc $701,350 None Available
Pecina Marisa -- None Available
Pecina Marisa -- None Available
Jasso Jesus Javier -- None Available
Pecina Marisa -- None Available
Jasso Jesus Javier $580,000 United Title Company-La
Pecina Marisa -- --
Garibay George -- --
Garibay George -- Investors Title Company
Garibay George -- Investors Title Company
Garibay George -- --
Garibay George -- Fidelity National Title
Pecina Herminia -- --
Pecina Herminia -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguire Alanna N $822,375
Previous Owner Magnum Property Investments Llc $147,500,000
Previous Owner Jasso Jesus Javier $540,000
Previous Owner Garibay George $240,000
Previous Owner Garibay George $180,000
Previous Owner Pecina Herminia $81,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $1,249,000 0.0% $736 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $1,249,000 -3.8% $736 / Sq Ft
07/26/2021 07/26/21 For Sale $1,299,000 -- $766 / 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 $15,850 $1,325,446 $1,060,358 $265,088
2024 $15,850 $1,299,458 $1,039,567 $259,891
2023 $15,541 $1,273,980 $1,019,184 $254,796
2022 $14,812 $1,249,000 $999,200 $249,800
2021 $9,978 $828,494 $621,371 $207,123
2019 $9,549 $792,889 $612,436 $180,453
2018 $9,601 $786,873 $607,576 $179,297
2016 $8,057 $669,547 $535,640 $133,907
2015 $7,920 $658,000 $526,000 $132,000
2014 $7,399 $600,000 $480,000 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN21160861

California Regional Multiple Listing Service (CRMLS)

APN: 5485-005-016