NOT LISTED FOR SALE

1987 Lucile Ave Los Angeles, CA 90039

Silver Lake Neighborhood

Estimated Value: $2,347,000 - $2,894,318

3 Beds
3 Baths
2,117 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $2,769,000 $1,308 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $15,897/month

9 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Panoramic View
  • Ivanhoe Elementary Rated A-
  • Auto Driveway Gate
  • 0.51 Acre Lot

About This Home

As of January 2023

Silver Lake private gated compound. Situated in one of the most desirable neighborhoods in Los Angeles, on a combined more than 1/2 of an acre, this is an opportunity to create the ultimate Eastside dream home. Incredible views, gated driveway, pool and spa, and separate guest house are sure to capture the attention of even the most discerning Buyers. The current home boasts original wood flooring, a bright and airy living room, a formal dining room, a thoughtfully laid out kitchen with an additional breakfast room which all open to the rear covered patio area, in addition to three generously sized bedrooms and two bathrooms. There is an additional studio guest house equipped with wood floors, exposed wood beams, a kitchenette and full bathroom above the garage. The Lush terraced grounds and hidden covered gazebo, perfect for enjoying sunset nights, help create a feeling of peace and tranquility. Lastly there is an adjacent 5,571 sqft. vacant lot owned by this Trust that is for sale separately. All of this in addition to the homes immense upside potential, Ivanhoe school district, serene location, and close proximity to Silver Lake, Los Feliz, and Atwater Villages local eateries, shopping, and boutiques, this Eastside abode is sure to be one that will be highly coveted by many.

Last Agent to Sell the Property

Jason Winicki

COMPASS License #01891204 Listed on: 01/05/2023

COMPASS

Last Buyer's Agent

Kurt Wisner

Compass License #01431217

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,226

Year Built

  • Built in 1938

Lot Details

  • 0.51 Acre Lot
  • South Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Irregular Lot
  • Sprinkler System
  • Adjacent Vacant Lot (APN#5431-009-007) is owned by this same trust and is also for sale separately.

Parking

  • 2 Car Garage
  • 2 Detached Carport Spaces
  • Parking Available
  • Single Garage Door
  • Driveway Down Slope From Street
  • Auto Driveway Gate

Home Design

  • Traditional Architecture
  • Split Level Home
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,117 Sq Ft Home
  • Fireplace
  • Raised Hearth
  • Living Room
  • Dining Room
  • Panoramic Views
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Breakfast Area or Nook
  • Electric Cooktop
  • Range Hood
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub

Pool

  • In Ground Pool
  • Pool Cover
  • In Ground Spa

Outdoor Features

  • Patio
  • Gazebo
  • Rain Gutters
  • Front Porch

Schools

  • Ivanhoe Elementary School
  • John Marshall High School

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 1951
  • Assessor Parcel Number 5431009005

Community Details

Overview

  • No Home Owners Association
  • YES

Recreation

  • Dog Park

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,226

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Park Name: YES
  • Property Attached: No
  • Security: Card/Code Access
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5431009005
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2117.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Raised Hearth
  • Levels: Multi/Split
  • Price Per Square Foot: 909.31
  • Room Type: Basement, Kitchen, Living Room
  • Spa Features: In Ground
  • Bathroom Features: Bathtub
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Other Structures: Gazebo, Guest House
  • Exterior Features: Rain Gutters
  • View: Panoramic
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron, Wood
  • Patio And Porch Features: Front Porch, Slab
  • Pool Features: Pool Cover, In Ground
  • Pool Private: Yes
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Number Remotes: 3
  • Parking: Yes
  • Parking Features: Detached Carport, Auto Driveway Gate, Gated, Driveway Down Slope From Street, Driveway, Private, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Electric Cooktop, Range Hood, Trash Compactor
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park

Schools

  • Elementary School: Ivanhoe
  • High School: John Marshall
  • Elementary School: Ivanhoe
  • High School: John Marshall
  • Elementary School #2: IVANHO
  • High School2: JOHMAR

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Adjacent Vacant Lot (APN#5431-009-007) is owned by this same trust and is also for sale separately.
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Lot Size Sq Ft: 21997.00
  • Lot Size Acres: 0.5050

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21997.0000 Square Feet

Tax Info

  • Tax Lot: 78
  • Tax Tract: 5720
  • Tax Tract Number: 1951.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jan 18, 2023
Sold by
Rita Hertha Fanning Ph D Living Trust
Bought by
Lang Fisher Family Trust
Seller's Agent
Jason Winicki
COMPASS
Buyer's Agent
Kurt Wisner
Compass
List Price
$1,925,000
Sold Price
$2,769,000
Premium/Discount to List
$844,000
43.84%
Current Estimated Value
$2,564,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$204,170
Avg. Annual Appreciation
-4.11%
Original Mortgage
$2,215,200
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 2016
Sold by
Fanning Rita H
Bought by
Rita Hertha Fanning Phd Living Trust
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
Lang Fisher Family Trust $2,768,181 Chicago Title Company
Rita Hertha Fanning Phd Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lang Fisher Family Trust $3,265,500
Closed Lang Fisher Family Trust $2,215,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $2,769,000 +43.8% $1,308 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,925,000 -30.5% $909 / Sq Ft
01/13/2023 01/13/23 Off Market $2,769,000 -- --
01/05/2023 01/05/23 For Sale $1,925,000 -- $909 / 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 $28,226 $2,360,667 $1,872,720 $487,947
2024 $28,226 $2,314,380 $1,836,000 $478,380
2023 $23,927 $1,963,500 $1,530,000 $433,500
2022 $5,140 $409,090 $161,940 $247,150
2021 $5,069 $401,069 $158,765 $242,304
2019 $4,922 $389,175 $154,057 $235,118
2018 $4,861 $381,545 $151,037 $230,508
2016 $4,633 $366,731 $145,173 $221,558
2015 $4,568 $361,223 $142,993 $218,230
2014 $4,593 $354,148 $140,192 $213,956
Source: Public Records

Agents Affiliated with this Home

  • Jason Winicki

    Seller's Agent in 2023

    Jason Winicki

    COMPASS

    (626) 792-4420

    1 in this area

    51 Total Sales

    Jason Winicki
    Section Image
  • Kurt Wisner

    Buyer's Agent in 2023

    Kurt Wisner

    Compass

    (323) 841-3839

    58 in this area

    396 Total Sales

    Kurt Wisner
    Section Image
  • Kevin Brennan

    Buyer's Agent in 2023

    Kevin Brennan

    Compass

    (714) 317-0883

    5 in this area

    38 Total Sales

    Kevin Brennan
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-12294

Pasadena-Foothills Association of REALTORS®

APN: 5431-009-005

California Los Angeles County Los Angeles 90039 Silver Lake

1987 Lucile Ave, Los Angeles, CA

This home is located at 1987 Lucile Ave, Los Angeles, CA 90039 since 05 January 2023 and is currently estimated at $2,564,830, approximately $1,211 per square foot. This property was built in 1938. 1987 Lucile Ave is a home located in Los Angeles County with nearby schools including Ivanhoe Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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