NOT LISTED FOR SALE

1601 Steele Ave Los Angeles, CA 90063

Estimated Value: $713,000 - $945,167

2 Beds
1 Bath
812 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $718,000 $884 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,504/month

2 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Central Heating and Cooling System
  • Abraham Lincoln High School Rated A
  • Laundry Room
  • Stacked Washer and Dryer

About This Home

As of October 2022

Stunning views of Downtown Los Angeles from this completely remodeled Bungalow. Sitting aside the City Terrace community on a tranquil hill, this home offers an incredible outdoor setup perfect for entertaining al fresco. Open concept layout with a social concept kitchen that brings unobstructed views of the city right into your living space. Kitchen features Stainless-steel appliances, custom wood cabinets, and quartz counter-tops. Upgraded roof, plumbing, tank-less water heater, electrical/panel, and much more. Very convenient location just a few minutes away from "hot-spots" in Downtown L. A, Art-District, Cal State LA, USC Medical Center, Pasadena. This property includes two separate lots with separate APNs. Lots of potentials for ADU, SB 9, and/or expansion, AIRBNB for this urban oasis. Buyers to verify.

Last Agent to Sell the Property

ELLEN LUO

eXp Realty of California Inc License #01955961 Listed on: 09/14/2022

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,284

Year Built

  • Built in 1953

Lot Details

  • 7,935 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • 5225005012
  • Property is zoned LCR1*

Property Views

  • Panoramic
  • City Lights
  • Hills

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 250
  • Tax Tract Number 7813
  • Assessor Parcel Number 5225005013
  • $650 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,284

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LCR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5225005013
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 812.00 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: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 884.24
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights, Hills, Panoramic
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5225005012
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7935.00
  • Lot Size Acres: 0.1822

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7935.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5306.03
  • Tax Lot: 250
  • Tax Tract Number: 7813
  • TaxOtherAnnualAssessmentAmount: 650.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Sep 19, 2022
Sold by
Zhang Sydney Xiuli
Bought by
Nogueira Davi Do Rosario
Seller's Agent
ELLEN LUO
eXp Realty of California Inc
List Price
$718,000
Sold Price
$718,000
Views
9
Current Estimated Value
$868,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,008
Avg. Annual Appreciation
5.45%
Original Mortgage
$682,100
Outstanding Balance
$654,936
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$179,356

Purchase Details

Listed on
Sep 1, 2015
Closed on
Oct 8, 2015
Sold by
Miranda Arthur Carlos
Bought by
Trimar Properties Llc
Seller's Agent
Richard Roybal
U.S.A. INVESTMENTS
Buyer's Agent
Richard Roybal
U.S.A. INVESTMENTS
List Price
$295,000
Sold Price
$240,000
Premium/Discount to List
-$55,000
-18.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.24%
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
Nogueira Davi Do Rosario $718,000 Stewart Title Of California In
Trimar Properties Llc $240,000 Western Resources Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nogueira Davi Do Rosario $682,100
Previous Owner Zhang Sydney Xiuli $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $718,000 0.0% $884 / Sq Ft
09/14/2022 09/14/22 For Sale $718,000 +56.1% $884 / Sq Ft
03/29/2017 03/29/17 Sold $460,000 +2.4% $604 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
01/24/2017 01/24/17 For Sale $449,000 +87.1% $589 / Sq Ft
11/17/2015 11/17/15 Sold $240,000 -36.0% $328 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
09/04/2015 09/04/15 Price Changed $375,000 +27.1% $512 / Sq Ft
09/01/2015 09/01/15 For Sale $295,000 -- $403 / 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 $9,284 $412,934 $263,533 $149,401
2024 $9,284 $732,360 $585,888 $146,472
2023 $9,119 $718,000 $574,400 $143,600
2022 $3,578 $253,721 $188,104 $65,617
2021 $3,537 $248,747 $184,416 $64,331
2019 $3,432 $241,372 $178,948 $62,424
2018 $3,396 $236,640 $175,440 $61,200
2016 $3,168 $220,000 $132,000 $88,000
2015 $971 $32,795 $12,826 $19,969
2014 $974 $32,153 $12,575 $19,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22201065

California Regional Multiple Listing Service (CRMLS)

APN: 5225-005-013