$998,000 - $1,349,000
RENTED JUN 5, 2025
3 Beds
2 Baths
1,216 Sq Ft
$1,018 Price per Sq Ft

Last Sold June 16, 2023

Last sale price $1,108,000 $911 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,879/month

11 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Laundry Room
  • John Marshall Senior High Rated A
  • Living Room
  • 5-minute walk to Elysian Valley Gateway Park

About This Home

As of June 2023

Welcome to 1940 Mellon Ave, a thoughtfully updated bungalow nestled in the heart of LA's vibrant Frogtown neighborhood. This bright and airy 3-bedroom, 2-bathroom home blends classic charm with modern comfort, featuring hardwood floors, abundant natural light, and a beautifully renovated kitchen with quartz countertops and stainless steel appliances. Enjoy indoor-outdoor living with your own private, fenced yard perfect for entertaining, gardening, or relaxing in the California sun. The property also includes a gated driveway for off-street parking, on-site laundry, and meticulous upgrades throughout. Situated just steps from some of Frogtown's favorite local spots like Wax Paper, Just What I Kneaded, and Spoke Bicycle Cafe, this is urban living with a community feel. Easy access to Silver Lake, Atwater Village, Echo Park, and major freeways makes this a convenient and connected place to call home. Don't miss your chance to live in one of LA's most creative and coveted neighborhoods!

Last Agent to Sell the Property

Janeth Boctor

Real Broker License #02032881 Listed on: 05/04/2023

Real Broker

Co-Listed By

Lien Pham

Fortune Weavers Realty Inc. License #02025081

Last Buyer's Agent

Karolyn R. Do, gri

The Mili Commercial Inc. License #01350068

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,787

Year Built

  • Built in 1924

Lot Details

  • 3,145 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Parking

  • 1 Car Garage

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Energy-Efficient HVAC
  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 209
  • Tax Tract Number 4905
  • Assessor Parcel Number 5442020001

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,787

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5442020001
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1216.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 911.18
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Schools

  • School District: Los Angeles Unified

Green Features

  • Efficiency: HVAC

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3145.00
  • Lot Size Acres: 0.0722

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3145.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1872.00
  • Tax Lot: 209
  • Tax Tract Number: 4905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Kane Adelaide
Bought by
Eagle Bay Trust and Cascante
Current Estimated Value
$1,237,618

Purchase Details

Listed on
May 4, 2023
Closed on
May 23, 2023
Sold by
Junkers2jewels Llc
Bought by
Kane Adelaide
Seller's Agent
Janeth Boctor
Real Broker
Buyer's Agent
Karolyn R. Do, gri
The Mili Commercial Inc.
List Price
$1,098,000
Sold Price
$1,108,000
Premium/Discount to List
$10,000
0.91%
Views
87

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.86%
Original Mortgage
$886,400
Interest Rate
6.39%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 19, 2020
Closed on
Aug 28, 2020
Sold by
Montalvan Luis M and Montalvan Sonia G
Bought by
Junkers2jewels Llc
Seller's Agent
Leticia Guerrero
The Real Estate Resource Group
Buyer's Agent
Leticia Guerrero
The Real Estate Resource Group
List Price
$649,900
Sold Price
$617,500
Premium/Discount to List
-$32,400
-4.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.59%
Original Mortgage
$593,700
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Montalvan Luis M and Montalvan Sonia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,503
Interest Rate
7.81%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 1996
Sold by
Gmac Mtg Corp Of Pa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 3, 1996
Sold by
Villanueva Efren and Villanueva Estrellita
Bought by
Gmac Mtg Corp Of Pa

Purchase Details

Closed on
Oct 10, 1995
Sold by
Villanueva Efren V
Bought by
Villanueva Estrellita C
Source: Public Records

Range of Values:

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Average Value
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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
Eagle Bay Trust -- None Listed On Document
Kane Adelaide $1,108,000 Wfg National Title
Junkers2jewels Llc $617,500 Wfg National Title Company
Montalvan Luis M $94,000 Commonwealth Land Title Co
Federal Home Loan Mortgage Corporation -- Stewart Title
Gmac Mtg Corp Of Pa $95,000 Stewart Title
Villanueva Estrellita C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kane Adelaide $886,400
Previous Owner Junkers2jewels Llc $661,900
Previous Owner Junkers2jewels Llc $593,700
Previous Owner Montalvan Luis M $184,800
Previous Owner Montalvan Luis M $145,000
Previous Owner Montalvan Luis M $140,000
Previous Owner Montalvan Luis M $75,000
Previous Owner Montalvan Luis M $50,000
Previous Owner Montalvan Luis M $135,000
Previous Owner Montalvan Luis M $10,000
Previous Owner Montalvan Luis M $85,454
Previous Owner Montalvan Luis M $86,503
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Rented $5,300 0.0% --
05/22/2025 05/22/25 For Rent $5,300 0.0% --
06/16/2023 06/16/23 Sold $1,108,000 +0.9% $911 / Sq Ft
05/04/2023 05/04/23 For Sale $1,098,000 +77.8% $903 / Sq Ft
09/11/2020 09/11/20 Sold $617,500 -5.0% $715 / Sq Ft
08/21/2020 08/21/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $649,900 -- $752 / 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 $13,787 $1,152,762 $922,210 $230,552
2024 $13,787 $1,130,160 $904,128 $226,032
2023 $7,931 $642,446 $513,957 $128,489
2022 $7,557 $629,850 $503,880 $125,970
2021 $7,463 $617,500 $494,000 $123,500
2020 $2,091 $164,348 $111,979 $52,369
2019 $2,011 $161,127 $109,784 $51,343
2018 $1,973 $157,969 $107,632 $50,337
2016 $1,874 $151,836 $103,453 $48,383
2015 $1,847 $149,557 $101,900 $47,657
2014 $1,858 $146,628 $99,904 $46,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23076414

California Regional Multiple Listing Service (CRMLS)

APN: 5442-020-001