NOT LISTED FOR SALE

Estimated Value: $889,960 - $1,597,000

3 Beds
1 Bath
1,126 Sq Ft
$965/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $800,100 $711 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,698/month

Highlights

  • Wood Flooring
  • Granite Countertops
  • Double Pane Windows
  • Main Floor Bedroom
  • No HOA
  • Bathtub with Shower

About This Home

As of October 2023

Welcome to this delightful 3 bedroom, 1 bath home in Lake Balboa! As you step inside you'll be greeted by the abundant natural light that fills the open living space. The freshly painted walls and newly refinished hardwood floors create a welcoming ambiance, ideal for relaxation and entertaining. With new recessed lighting in the living room and central air and heating throughout, this home is designed for your utmost convenience and comfort.
The kitchen offers both functionality and charm, with ample cabinet space, granite countertops, a gas range, and a convenient layout that makes meal preparation a breeze. Adjacent to the kitchen, you'll find a dining area perfect for enjoying family meals or hosting dinner parties with friends. The three bedrooms are well-sized and feature newly refinished hardwood floors, providing a comfortable retreat for rest and relaxation. Situated in a highly convenient location, this property is adjacent to Encino and Balboa Park, providing easy access to an array of amenities. Enjoy the nearby shopping centers, restaurants, and entertainment options, while also having the opportunity to explore the recreational activities offered by Balboa Park's expansive green spaces, trails, and sports facilities.

Last Agent to Rent the Property

Shideh Moghimi

Keller Williams Luxury License #02017165 Listed on: 09/26/2023

Keller Williams Luxury

Co-Listed By

Hengame Abaghi

Keller Williams Luxury License #01973066

Last Renter's Agent

Shideh Moghimi

Keller Williams Luxury License #02017165 Listed on: 09/26/2023

Keller Williams Luxury

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,893

Year Built

  • Built in 1950

Lot Details

  • 6,453 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Backyard Sprinklers
  • Back Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,126 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,550
  • 12-Month Minimum Lease Term
  • Available 9/25/23
  • Tax Lot 362
  • Tax Tract Number 13753
  • Assessor Parcel Number 2229016016

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,893

Year Built

Built in 1950

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-09-25
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 3550
  • Furnished: Unfurnished
  • Pets Allowed: Number Limit
  • Total Move In Costs: 7100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: 310.699.9502
  • Other Phone Number: 310.699.9502
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 2229016016
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1126.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Entry Location: driveway
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 3.15
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Fence: No
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • 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
  • Lot Features: Back Yard, Rectangular Lot, Level, Sprinklers In Rear
  • Lot Size Sq Ft: 6453.00
  • Lot Size Acres: 0.1481

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6453.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1320.01
  • Tax Lot: 362
  • Tax Tract Number: 13753

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2025
Sold by
Stepanian Stepan M
Bought by
Stepanian Stepan
Current Estimated Value
$1,086,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,120,000
Outstanding Balance
$1,120,000
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
-$196,150

Purchase Details

Closed on
Feb 10, 2014
Sold by
Betts William Earl
Bought by
The 2014 Garibaldi Betts Family Trust

Purchase Details

Closed on
Jan 5, 1996
Sold by
Betts John F
Bought by
Betts Bill
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
Stepanian Stepan -- Wfg National Title
The 2014 Garibaldi Betts Family Trust -- Accommodation
Betts Bill -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stepanian Stepan $1,120,000
Previous Owner Stepanian Stepan M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2023 10/25/23 Rented $3,550 0.0% --
10/10/2023 10/10/23 Under Contract -- -- --
09/26/2023 09/26/23 For Rent $3,550 0.0% --
08/29/2023 08/29/23 Sold $800,100 +9.8% $711 / Sq Ft
08/06/2023 08/06/23 For Sale $729,000 -8.9% $647 / Sq Ft
08/05/2023 08/05/23 Off Market $800,100 -- --
08/05/2023 08/05/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $729,000 0.0% $647 / Sq Ft
06/15/2012 06/15/12 Rented $1,950 -- --
06/05/2012 06/05/12 Under Contract -- -- --
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 $9,893 $816,510 $653,208 $163,302
2024 $9,893 $800,500 $640,400 $160,100
2023 $2,267 $164,855 $72,324 $92,531
2022 $2,168 $161,623 $70,906 $90,717
2021 $2,138 $158,455 $69,516 $88,939
2019 $2,078 $153,757 $67,455 $86,302
2018 $2,009 $150,743 $66,133 $84,610
2017 $1,965 $147,788 $64,837 $82,951
2016 $2,075 $158,535 $66,274 $92,261
2015 $2,047 $301,084 $191,792 $109,292
2014 $2,036 $150,922 $60,398 $90,524
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23177136

California Regional Multiple Listing Service (CRMLS)

APN: 2229-016-016