$625,000
SOLD SEP 19, 2022

1888 Lucile Ave Los Angeles, CA 90026

3 Beds
1 Bath
1,009 Sq Ft
4,933 Sq Ft Lot

Recently Sold

$619 Per Sq Ft

11% Below List Price

29 Days on Market

Highlights

  • Views of a landmark
  • Wood Flooring
  • No HOA
  • Ivanhoe Elementary Rated A-
  • Spanish Architecture
  • 2 Car Detached Garage

About This Home

As of September 2023

A rare development opportunity in prime Silver Lake, cash offers only. The distressed residence is part of an assemblage and is linked to the vacant land sited at 3627 Landa Street; buyers must purchase both properties. Included in the sale are plans for two stunning modern residences, permits RTI. Each home is designed to be approximately 1,900 square feet, and each has its own detached garage. Well-situated in LA's trendiest enclave, these new homes will have commanding views of beautiful hillsides, city lights, and the majestic San Gabriel Mountain Range. Access is seamless to a trendy scene of coffee, dining, nightlife, shopping, and recreation at the renowned Silver Lake Reservoir. Located within the celebrated Ivanhoe Elementary School boundary, this is an opportunity to build in an established and highly desirable neighborhood that features notable architectural works by Schindler, Lautner and others.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 07/22/2022

Coldwell Banker Realty

Co-Listed By

Elias Tebache

Coldwell Banker Realty License #01936554

Last Buyer's Agent

LU FENG

Pinnacle Real Estate Group License #02057909

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,381

Year Built

  • Built in 1925

Lot Details

  • 4,933 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • Views of a landmark
  • Canyon
  • Mountain

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,009 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room
  • Dining Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Carport

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5431-012-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,381

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1009
  • Lot Acreage: 0.1132
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Wood Laminate
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 692.77

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Canyon, Landmark, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Detached
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5431-012-015
  • Lot Size Area: 4933

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Sep 19, 2023
Sold by
Jsv Inc
Bought by
Lula Trust and Bonsignore
Seller's Agent
LU FENG
Pinnacle Real Estate Group
Buyer's Agent
Andrew Morrison
REDWOOD Real Estate Brokerage, INC.
List Price
$679,000
Sold Price
$850,000
Premium/Discount to List
$171,000
25.18%
Current Estimated Value
$1,064,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,939
Avg. Annual Appreciation
12.07%

Purchase Details

Listed on
Jul 22, 2022
Closed on
Aug 25, 2022
Sold by
Porter Thomas A
Bought by
Jsv Inc
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
LU FENG
Pinnacle Real Estate Group
List Price
$699,000
Sold Price
$625,000
Premium/Discount to List
-$74,000
-10.59%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.59%

Purchase Details

Closed on
Apr 17, 2007
Sold by
Porter Paul M and Porter Erna L
Bought by
Porter Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.21%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 10, 2003
Sold by
Wendt Peter F
Bought by
Porter Paul M and Porter Erna L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $850,000 Lawyers Title Company
Grant Deed $625,000 Provident Title
Grant Deed $275,000 California Title Company
Quit Claim Deed $400,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Previous Owner $315,000 Credit Line Revolving
Previous Owner $275,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2023 09/30/23 For Sale $679,000 -20.1% $673 / Sq Ft
09/22/2023 09/22/23 Sold $850,000 +36.0% $842 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
09/19/2022 09/19/22 Sold $625,000 -10.6% $619 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $699,000 -- $693 / 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
2024 $10,381 $850,000 $680,000 $170,000
2023 $7,680 $625,000 $620,000 $5,000
2022 $4,143 $347,176 $321,935 $25,241
2021 $4,089 $340,370 $315,623 $24,747
2019 $3,965 $330,276 $306,262 $24,014
2018 $3,924 $323,801 $300,257 $23,544
2016 $3,742 $311,230 $288,599 $22,631
2015 $3,686 $306,556 $284,264 $22,292
2014 $3,704 $300,552 $278,696 $21,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-179595

The MLS

APN: 5431-012-015