1888 Lucile Ave Los Angeles, CA 90026
3
Beds
1
Bath
1,009
Sq Ft
4,933
Sq Ft Lot
Highlights
- Views of a landmark
- Wood Flooring
- Laundry Room
- Ivanhoe Elementary Rated A-
- No HOA
- Detached Carport Space
About This Home
As of September 2023A 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
Pinnacle Real Estate Group License #02057909 Listed on: 09/30/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,381
Year Built
- Built in 1925
Lot Details
- 4,933 Sq Ft Lot
- Rectangular Lot
- Property is zoned LAR1
Parking
- 1 Car Garage
- Detached Carport Space
- Parking Available
- Front Facing Garage
Property Views
- Views of a landmark
- Canyon
- Mountain
- Neighborhood
Home Design
- Fixer Upper
- Concrete Perimeter Foundation
Interior Spaces
- 1,009 Sq Ft Home
- 1-Story Property
- Decorative Fireplace
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- 1 Full Bathroom
Additional Features
- Exterior Lighting
- No Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 17
- Tax Tract Number 572
- Assessor Parcel Number 5431012015
- $50 per year additional tax assessments
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
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
12.00%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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
-
LU FENG
Seller's Agent in 2023
LU FENG
Pinnacle Real Estate Group
(626) 986-7666
4 in this area
44 Total Sales
-
Andrew Morrison
A
Buyer's Agent in 2023
Andrew Morrison
REDWOOD Real Estate Brokerage, INC.
(323) 270-2277
3 in this area
7 Total Sales
-
Tracy Do
Seller's Agent in 2022
Tracy Do
Coldwell Banker Realty
(323) 842-4001
105 in this area
852 Total Sales
-
Elias Tebache
E
Seller Co-Listing Agent in 2022
Elias Tebache
Coldwell Banker Realty
(310) 770-2976
8 in this area
80 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS23135115
APN: 5431-012-015
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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