NOT LISTED FOR SALE

1521 Steele Ave Los Angeles, CA 90063

Estimated Value: $729,000 - $941,000

3 Beds
2 Baths
1,048 Sq Ft
$774/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $660,000 $630 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,163/month

5 Days on Market

Highlights

  • City Lights View
  • Open Floorplan
  • Main Floor Primary Bedroom
  • City Terrace Elementary School Rated 9+
  • Deck
  • Modern Architecture

About This Home

As of December 2020

Beautiful, modern hillside home, remodeled in 2019 (incl. new electrical & HVAC), provides quintessential LA views and a layout that helps this home function as a 4 BR / 3 BA. The interior celebrates bright windows and an open-concept layout with recent updates to almost everything: flooring, paint, fixtures, stone countertops, kitchen cabinets, stainless steel appliances, a $10K water purification system, more! The living /dining /kitchen are the heart of the home. Three BRs on the main level embrace a chic subway-tiled tub over shower combo. A spiral staircase in one bedrooms leads to an enormous area of bonus square footage - currently used a media room and space that could function potentially as an office / BR / gym, storage, etc. Watch the sunrise from the multiple exterior levels / areas of out door entertainment space that includes a deck adjacent the kitchen for outdoor dining and concrete paved patios for social set-ups, perfect for a fire pit! Off street parking, too!

Last Agent to Sell the Property

Roddy de la Garza

eXp Realty of Greater Los Angeles License #01995374 Listed on: 10/21/2020

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Domingo Martinez

Pactum Inc. License #01961283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,040

Year Built

  • Built in 1962

Lot Details

  • 3,987 Sq Ft Lot
  • Lot Dimensions are 40x103
  • North Facing Home
  • Fenced Yard
  • Wrought Iron Fence
  • Stucco Fence
  • Irregular Lot
  • Hillside Location
  • Property is zoned LCR1*

Property Views

  • City Lights
  • Hills

Home Design

  • Modern Architecture
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,048 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Den
  • Bonus Room
  • Utility Room
  • Laminate Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Mirrored Closets Doors
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • Sewer on Bond

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5225-009-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,040

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Exclusions: Mounted TV's, TV brackets and window drapes & rods; any remotes, routers, or converter boxes leased from a utility provider
  • Living Area: 1048
  • Lot Acreage: 0.0915
  • Lot Dimensions: 40x103
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1962
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Crown Moldings, Mirrored Closet Door(s), Open Floor Plan
  • Flooring: Laminate
  • Appliances: Oven-Gas, Microwave, Range
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Open to Family Room, Remodeled, Stone Counters
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Range/Oven, Vented Exhaust Fan, Network Wire
  • Fireplace: No
  • Inclusions: Washer, dryer and refrigerator
  • Price Per S Q F T: 610.59

Exterior Features

  • Direction Faces: North
  • Construction: Stucco, Wood Siding
  • Other Features: Balcony
  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Fence: Stucco Wall, Wrought Iron
  • Patio: Covered Porch, Patio Open, Porch - Rear, Concrete Slab, Deck(s), Slab
  • Pool: No
  • Roof: Shingle
  • Spa Yn: No
  • View: Hills, City Lights, City
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Other Spaces: 1
  • Parking Garage: Carport, Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: Connected on Bond
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5225-009-005
  • Lot Description: Single Lot, Lot Shape-Irregular, Fenced Yard
  • Lot Location: Hillside
  • Lot Size Area: 3987

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2023
Sold by
Kwan Gary
Bought by
Gary J Kwan Revocable Trust and Kwan
Current Estimated Value
$810,893

Purchase Details

Listed on
Oct 21, 2020
Closed on
Dec 4, 2020
Sold by
Mitchell Timothy and Mitchell Poonam
Bought by
Kwan Gary
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
Buyer's Agent
Domingo Martinez
Pactum Inc.
List Price
$639,900
Sold Price
$660,000
Premium/Discount to List
$20,100
3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$558,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2018
Closed on
Nov 14, 2018
Sold by
Bernal Jesus Guerrero and Bernal Juana Mendoza
Bought by
Mitchelland Timothy and Mitchell Poonam
Seller's Agent
ERIC MORRIS
Cal American Homes
Buyer's Agent
Adi Perez
The Agency
List Price
$540,000
Sold Price
$525,000
Premium/Discount to List
-$15,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.00%
Original Mortgage
$498,750
Interest Rate
4.8%
Mortgage Type
New Conventional
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
Gary J Kwan Revocable Trust -- None Listed On Document
Kwan Gary $660,000 First Amer Ttl Co Los Angele
Mitchelland Timothy $525,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwan Gary $558,000
Previous Owner Mitchell Timothy $502,000
Previous Owner Mitchell Timothy $498,100
Previous Owner Mitchelland Timothy $498,750
Previous Owner Bernal Jesus $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $660,000 +3.1% $630 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $639,900 +21.9% $611 / Sq Ft
12/12/2018 12/12/18 Sold $525,000 -2.8% $501 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $540,000 -- $515 / 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 $9,040 $714,403 $500,624 $213,779
2024 $9,040 $700,396 $490,808 $209,588
2023 $8,882 $686,664 $481,185 $205,479
2022 $8,451 $673,200 $471,750 $201,450
2021 $8,358 $660,000 $462,500 $197,500
2020 $7,033 $535,500 $416,772 $118,728
2019 $6,760 $525,000 $408,600 $116,400
2018 $1,350 $67,357 $20,886 $46,471
2016 $1,285 $64,743 $20,076 $44,667
2015 $1,267 $63,772 $19,775 $43,997
2014 $1,269 $62,524 $19,388 $43,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-650020

The MLS

APN: 5225-009-005