NOT LISTED FOR SALE

1808 N Avenue 53 Los Angeles, CA 90042

Estimated Value: $1,032,000 - $1,509,000

3 Beds
2 Baths
1,492 Sq Ft
$884/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $810,000 $543 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,891/month

30 Days on Market

Highlights

  • Guest House
  • Bonus Room
  • Wall Furnace
  • Wood Flooring

About This Home

As of January 2016

Bingo! One beautiful classic craftsman for nesting + a cozy cottage for passive income = happily ever after. This 1923 bungalow sports many of its first fine features, a handsome front door with beveled glass and a buff Batchelder mantle. Like light? Twenty plus windows welcome in the morning sun filtered thru garden greenery. Owned by two young TV home show designers, the food prep-friendly galley kitchen has been refreshed. Handsome Heath tile has been added but that gem of old stoves, O'Keefe & Merritt, still stands. Whip up something yummy in the cocina while performing wash day miracles in the laundry alcove, just an arms-length away. Then there's the very rentable Ma & Pa Kettle guesthouse with its down home porch that'll make you take up the banjo. Besides helping to pay the mortgage, this cute rental has another big plus. No need to say your 20-year-old tenant is your mother-in-law cause, guess what? It's a legal rental w/its own meter. A Winner. Buyers to check all permits.

Last Agent to Sell the Property

pamela lansden

Coldwell Banker Realty License #01432602 Listed on: 11/30/2015

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,487

Year Built

  • Built in 1923

Lot Details

  • 7,633 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Tile

Additional Features

  • Bonus Room
  • Guest House
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 5479008014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,487

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5479008014
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Levels: One
  • Room Type: Bonus Room

Exterior Features

  • Other Structures: Guest House

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7633.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Lot Size Area: 7633.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2015
Closed on
Dec 11, 2015
Sold by
Storc Michael H and Storc Ruth
Bought by
Faeth Kendall William and Faeth Meagan Renee
Seller's Agent
pamela lansden
Coldwell Banker Realty
List Price
$695,000
Sold Price
$810,000
Premium/Discount to List
$115,000
16.55%
Current Estimated Value
$1,318,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,350
Avg. Annual Appreciation
5.10%
Original Mortgage
$607,500
Outstanding Balance
$480,909
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$837,442

Purchase Details

Closed on
Nov 15, 2011
Sold by
Storc Michael H and Storc Ruth
Bought by
Storc Michael H and Storc Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2011
Sold by
Silbert Joel B and Silbert Ana
Bought by
Storc Michael H and Storc Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2009
Sold by
Storc Ruth and Silbert Joel B
Bought by
Storc Michael H and Storc Ruth

Purchase Details

Closed on
May 7, 2004
Sold by
Silbert Ruth
Bought by
Silbert Ruth and Silbert Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2004
Sold by
Silbert Ana and Silbert Joel B
Bought by
Silbert Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2003
Sold by
Smith Jewell and Jewell Smith Living Trust
Bought by
Silbert Joel B and Silbert Ana

Purchase Details

Closed on
Aug 27, 1999
Sold by
Smith Jewell
Bought by
Smith Jewell and Jewell Smith Living 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
Faeth Kendall William $810,000 Old Republic Title Company
Storc Michael H -- First American Title Company
Storc Michael H -- First American Title Company
Storc Michael H -- None Available
Silbert Ruth -- Orange Coast
Silbert Ruth -- Orange Coast
Silbert Joel B $275,000 Equity Title Company
Smith Jewell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faeth Kendall William $607,500
Previous Owner Storc Michael H $204,000
Previous Owner Silbert Ruth $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $810,000 +16.5% $543 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $695,000 -- $466 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $11,487 $958,869 $722,113 $236,756
2024 $11,487 $940,068 $707,954 $232,114
2023 $11,263 $921,636 $694,073 $227,563
2022 $10,737 $903,565 $680,464 $223,101
2021 $10,604 $885,849 $667,122 $218,727
2020 $10,711 $876,767 $660,282 $216,485
2019 $10,284 $859,577 $647,336 $212,241
2018 $10,189 $842,724 $634,644 $208,080
2016 $4,177 $336,442 $244,688 $91,754
2015 $4,118 $331,389 $241,013 $90,376
2014 $4,144 $324,898 $236,292 $88,606
Source: Public Records

Agents Affiliated with this Home

  • p

    Seller's Agent in 2016

    pamela lansden

    Coldwell Banker Realty

    (626) 584-0050

    6 Total Sales

    pamela lansden
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315011533

Pasadena-Foothills Association of REALTORS®

APN: 5479-008-014

California Los Angeles County Los Angeles 90042

1808 N Avenue 53, Los Angeles, CA

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