NOT LISTED FOR SALE

1531 N Commonwealth Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,781,000 - $2,617,390

5 Beds
2.5 Baths
3,100 Sq Ft
$662/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $1,400,000 $452 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $12,478/month

12 Days on Market

Highlights

  • Mountain View
  • Secluded Lot
  • Main Floor Primary Bedroom
  • John Marshall Senior High Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of December 2017

Immediately after opening the front privacy gates, you'll know you have entered an oasis in the center of the bustling urban city. These two homes surrounded by lush green vines of bougainvillea, with a variety of mature flowering plants and beautiful drought tolerant succulents, provide what one can only be described as a peaceful oasis in our busy everyday lives. These homes provide a tranquil place where you, your friends, and your family can escape the rigors of daily urban living. These homes with there unique integration of indoor and outdoor living spaces make it so rare that you can't help yourself from imagining the possibilities long after you exit the gates to stroll the quaint neighborhood restaurants and boutique style stores in Los Feliz, on Hillhurst Avenue.

Last Agent to Sell the Property

Kevin Towner

Coldwell Banker Realty License #01300032 Listed on: 11/13/2017

Coldwell Banker Realty

Last Buyer's Agent

Linda Grigorian

License #01858104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,259

Year Built

  • Built in 1922

Lot Details

  • 6,500 Sq Ft Lot
  • East Facing Home
  • Fenced Yard
  • Drip System Landscaping
  • Secluded Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned LARD1.5

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Detached Carport Space
  • Tandem Parking
  • Driveway
  • On-Street Parking
  • Assigned Parking

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2.5 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Multi-Tank Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, interior maint
  • Assessor Parcel Number 5542-007-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,259

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Ground Level - no steps
  • Living Area: 3100
  • Probate: No
  • Year Built: 1922
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Bedroom Features: Ground Floor Master, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower and Tub, Tile
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit, Inside, Laundry Area
  • Total Bathrooms: 2.50
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 418.71

Exterior Features

  • Direction Faces: East
  • Other Features: Barbecue Private
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Patio: Brick, Patio Open, Porch - Front
  • Paved: Yes
  • Pool: No
  • Roof: Composition
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Assigned, Carport Detached, Covered Parking, Detached, Driveway - Concrete, Garage - 2 Car, On street, Private, Tandem
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas, Multi-Tank
  • Cooling: Air Conditioning, Ceiling Fan, Electric, Wall Unit(s), Window Unit(s)
  • Heating: Central, Fireplace, Natural Gas
  • Water: District

Lot Info

  • Sprinklers: Drip System
  • Additions Alterations: No
  • Assessed Improvement Value: 265519
  • Assessed Land Value: 185400
  • Assessor Parcel Number: 5542-007-019
  • Geocode Override: No
  • Lot Description: Fenced Yard, Gutters, Landscaped, Lot Shape-Rectangular, Lot-Level/Flat, Secluded, Single Lot, Walk Street, Yard
  • Lot Size Area: 6500

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas, Interior Maint

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0.0
  • Type Of Units: Duplex
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2017
Closed on
Dec 28, 2017
Sold by
Rivera Mario A
Bought by
Lam Bryant and Lau Jean
Seller's Agent
Kevin Towner
Coldwell Banker Realty
Buyer's Agent
Linda Grigorian
List Price
$1,298,000
Sold Price
$1,400,000
Premium/Discount to List
$102,000
7.86%
Current Estimated Value
$2,050,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,848
Avg. Annual Appreciation
5.02%
Original Mortgage
$690,000
Outstanding Balance
$582,427
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,468,421

Purchase Details

Closed on
May 15, 2009
Sold by
Schwenk Earl Leroy
Bought by
Rivera Mario A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2000
Sold by
Sink Mark E
Bought by
Rivera Mario A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,350
Interest Rate
8.38%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 14, 1999
Sold by
Family Trust Sink Joyce M And Mark E Trs Sink
Bought by
Sink Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
7.51%
Mortgage Type
Purchase Money Mortgage
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
Lam Bryant $1,400,000 First American Title Company
Rivera Mario A -- Lawyers Title
Rivera Mario A $340,500 Chicago Title Co
Sink Mark E -- Fidelity Title
Sink Mark E -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Bryant $690,000
Previous Owner Rivera Mario A $503,000
Previous Owner Rivera Mario A $255,350
Previous Owner Sink Mark E $280,800
Closed Rivera Mario A $68,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $1,400,000 +7.9% $452 / Sq Ft
11/25/2017 11/25/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $1,298,000 -- $419 / 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 $19,259 $1,615,713 $1,211,786 $403,927
2024 $19,259 $1,584,033 $1,188,026 $396,007
2023 $18,882 $1,552,975 $1,164,732 $388,243
2022 $17,997 $1,522,526 $1,141,895 $380,631
2021 $17,777 $1,492,673 $1,119,505 $373,168
2020 $17,960 $1,477,368 $1,108,026 $369,342
2019 $17,240 $1,448,400 $1,086,300 $362,100
2018 $17,199 $1,420,000 $1,065,000 $355,000
2016 $5,449 $442,078 $181,765 $260,313
2015 $5,371 $435,438 $179,035 $256,403
2014 $5,399 $426,909 $175,528 $251,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-289394

The MLS

APN: 5542-007-019