NOT LISTED FOR SALE

Estimated Value: $1,023,000 - $1,793,000

5 Beds
2 Baths
1,606 Sq Ft
$849/Sq Ft Est. Value

Last Sold March 20, 2018

Last sale price $915,000 $570 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,700/month

32 Days on Market

Highlights

  • 40,240 Sq Ft lot
  • Mountain View
  • No HOA
  • Abraham Lincoln High School Rated A
  • Traditional Architecture
  • Living Room

About This Home

As of March 2018

Find boundless potential in these two bungalows, plus two adjacent vacant lots that are included in the purchase. It's your opportunity to create a private compound in fast-rising Cypress Park. Both bungalows are in need of refurbishment and enjoy a wonderful hillside location, "above it all" and city-close with views across treetops and twinkling lights. Nearby hot spots include Division 3, Lemon Poppy Kitchen, Habitat Coffee and more, and the commute is easy to nearby Highland Park, Silver Lake and Downtown LA. Bring your ideas for this property that can be purchased in conjunction with adjacent properties at 1432 Cliff Drive and 1501 Kemper Street. Combined, these parcels offer a rare opportunity for ownership and development of over an acre of land in a secluded, rustic setting with breathtaking vistas.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 01/15/2018

Coldwell Banker Realty

Co-Listed By

Edith Reyna

Compass License #01187571

Last Buyer's Agent

David Martinez

Keller Williams Beverly Hills License #01364667

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,606

Year Built

  • Built in 1921

Lot Details

  • 0.92 Acre Lot
  • Property is zoned LARE20

Parking

  • Carport

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,606 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Mountain Views

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5454-008-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,606

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1606
  • Stories: 1
  • Year Built: 1921
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Stone, Tile
  • Bedrooms: 5
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dryer, Washer
  • Price Per S Q F T: 622.35

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5454-008-017
  • Geocode Override: No
  • Lot Size Area: 40240

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Feb 23, 2018
Sold by
Portzel Cynthia L
Bought by
Canon Equity Partners Llc
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
David Martinez
Keller Williams Beverly Hills
List Price
$1,099,000
Sold Price
$915,000
Premium/Discount to List
-$184,000
-16.74%
Current Estimated Value
$1,363,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,130
Avg. Annual Appreciation
5.38%
Original Mortgage
$549,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2017
Sold by
Portzel Cynthia L
Bought by
Lopez Trust
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
Canon Equity Partners Llc -- Provident Title Company
Canon Equity Partners Llc $915,000 None Available
Lopez Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Canon Equity Partners Llc $549,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2018 03/20/18 Sold $915,000 -8.5% $570 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/08/2018 02/08/18 Price Changed $999,500 -9.1% $622 / Sq Ft
01/15/2018 01/15/18 For Sale $1,099,000 -- $684 / 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 $6,606 $538,188 $455,130 $83,058
2024 $6,606 $527,636 $446,206 $81,430
2023 $6,480 $517,291 $437,457 $79,834
2022 $6,182 $507,149 $428,880 $78,269
2021 $6,107 $497,206 $420,471 $76,735
2019 $5,926 $482,460 $408,000 $74,460
2018 $604 $32,266 $14,842 $17,424
2016 $569 $31,015 $14,266 $16,749
2015 $564 $30,550 $14,052 $16,498
2014 $582 $29,952 $13,777 $16,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-297156

The MLS

APN: 5454-008-017