NOT LISTED FOR SALE

Estimated Value: $2,702,000 - $3,279,000

3 Beds
3 Baths
1,900 Sq Ft
$1,627/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $2,600,000 $1,368 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $19,597/month

Highlights

  • Ocean View
  • Cathedral Ceiling
  • Living Room with Attached Deck
  • Grant Elementary School Rated A+
  • Wood Flooring
  • Double Door Entry

About This Home

As of September 2022

You'll literally feel like you're on cloud 9 as you enter into this 1948 California Bungalow sitting proudly on a 7,000+ square foot lot. The amazement starts when you enter through the dual French doors into the living room. This home has an amazing open floor concept with two sets of French doors that open to a wraparound upper deck with views of LMU Bluffs, Marina & Splendid Sunsets. The cook's kitchen was designed with you in mind! It features a Viking oven gas range with hood, stainless steel dishwasher, stainless steel dual door fridge, stainless steel microwave, granite countertops and beautiful solid wood cabinetry. There is also a breakfast bar with a prep sink to boot! The formal dining room sits comfortably on the side of kitchen with custom built shelves. Also on the main level is the primary bedroom, it includes a massive mirrored triple door closet that is complete with full wardrobe organizers. Just on the opposite side of the hallway is the bathroom with dual sinks, deep soap tub and water closet. Down the wood spiral staircase to the lower level are two Bedroom Suites, both include en-suite bathrooms with custom tile. They both have a private entrance from the lower level. The side by side LG washer & dryer are hidden behind two rustic doors. This little piece of heaven is great for entertaining inside and out. Just off the back door is a raised deck great for relaxing or entertaining, also on the side of the house you will find a cozy firepit, an accessory that every yard should have. The garage has been converted and can be used as a Home Office, Den or Media Room. This home is located in one of the most desirable neighborhoods, one block from Marine Park & minutes from Ocean Park where you can enjoy some of LAs best coffee shops, restaurants and boutiques!

Last Agent to Rent the Property

Larry Cobar

Pacific Shore Property Mngnmt. License #01420866 Listed on: 07/21/2022

Last Renter's Agent

Sparks Landen

Compass License #01844369

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,075

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 7,026 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned SMR1*

Property Views

  • Ocean
  • Marina
  • Panoramic
  • City Lights

Home Design

  • Bungalow
  • Split Level Home

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Double Door Entry
  • Living Room with Attached Deck
  • Dining Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Gas and Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Converted Garage
  • Driveway

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Sewer in Street

Community Details

  • Pacific Shore Property Management Association

Listing and Financial Details

  • Security Deposit $9,495
  • Tenant pays for gas, electricity, cable TV, water, trash collection
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4272-006-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,075

Year Built

Built in 1948 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Amount: 35.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Lease Option: 1
  • Rent Includes: Gardener
  • Security Deposit: 9495
  • Tenant Pays: Gas, Electricity, Cable TV, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Lease Terms: 1+Year
  • Living Area: 1900
  • Lot Acreage: 0.1613
  • Monthto Month: No
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Living Room Deck Attached, High Ceilings (9 Feet+)
  • Flooring: Wood, Tile, Stone
  • Appliances: Gas/Electric Range, Microwave, Range Hood
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Kitchen Island
  • Kitchen Features: Open to Family Room
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Range/Oven, Refrigerator, Microwave, Washer, Dryer
  • Fireplace: No
  • Price Per S Q F T: 4.47

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, High Ceilings (9 Feet+), Double Door Entry
  • Tennis Court Y/N: No
  • Patio: Deck(s), Living Room Deck Attached, Concrete Slab
  • Pool: No
  • Spa Yn: No
  • View: Marina, City, Ocean, Panoramic, City Lights, Water
  • View: Yes

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Cooling: Central, Wall Unit(s)
  • Heating: Central
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • Management Company: Pacific Shore Property Management
  • Mgmt Co Phone: 3108398970|

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 4272-006-014
  • Lot Description: Fenced Yard, Back Yard, Front Yard
  • Lot Size Area: 7026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 14, 2021
Sold by
Sabrina Burton Revocable Trust and Burton Sabrina
Bought by
Parks Anderson Family Trust and Parks
Seller's Agent
Barbara Anne McNeill
Keller Williams Realty
Buyer's Agent
Eddie Ramirez
COMPASS
List Price
$2,549,000
Sold Price
$2,600,000
Premium/Discount to List
$51,000
2%
Current Estimated Value
$3,091,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491,134
Avg. Annual Appreciation
4.60%
Original Mortgage
$1,300,000
Outstanding Balance
$1,188,048
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,903,086

Purchase Details

Closed on
Mar 8, 2007
Sold by
Sinser Sabrina
Bought by
Burton Sabrina and Sabrina Burton Revocable Trust

Purchase Details

Closed on
Jul 14, 2003
Sold by
Sinser Sabrina
Bought by
Burton Sabrina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 8, 2003
Sold by
Burton Dayle Graeme
Bought by
Burton Sabrina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2000
Sold by
Trust Pachtman Allen H Tr Allen Pachtman
Bought by
Sinser Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
8.25%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Pachtman Allen H
Bought by
Pachtman Allen H and The Allen Pachtman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.78%

Purchase Details

Closed on
May 6, 1998
Sold by
Pachtman Allen H
Bought by
Pacthman Allen H and The Allen Pachtman Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
7.05%

Purchase Details

Closed on
Jun 10, 1997
Sold by
Pachtman Allen H
Bought by
Pachtman Allen H and Allen Pachtman Living Trust 1997

Purchase Details

Closed on
May 23, 1996
Sold by
Craven Wesley E
Bought by
Pachtman Allen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.96%

Purchase Details

Closed on
Dec 22, 1993
Sold by
Craven Millicent E
Bought by
Craven Wesley E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.09%
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
Parks Anderson Family Trust $2,600,000 First American Title Company O
Burton Sabrina -- None Available
Burton Sabrina S -- Chicago Title Co
Burton Sabrina S -- Chicago Title Co
Sinser Sabrina $712,500 First American Title Co
Pachtman Allen H -- --
Pachtman Allen H -- --
Pacthman Allen H -- Provident Title
Pachtman Allen H -- --
Pachtman Allen H -- --
Pachtman Allen H $475,000 Equity Title Company
Craven Wesley E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Anderson Family Trust $1,300,000
Previous Owner Burton Sabrina $250,000
Previous Owner Burton Sabrina $424,000
Previous Owner Burton Sabrina $250,000
Previous Owner Burton Sabrina $494,000
Previous Owner Burton Sabrina $504,000
Previous Owner Burton Sabrina $518,000
Previous Owner Burton Sabrina S $580,000
Previous Owner Sinser Sabrina $585,000
Previous Owner Sinser Sabrina $65,000
Previous Owner Sinser Sabrina $570,000
Previous Owner Pachtman Allen H $395,000
Previous Owner Pachtman Allen H $395,000
Previous Owner Pachtman Allen H $380,000
Previous Owner Craven Wesley E $170,000
Closed Burton Sabrina S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Rented $8,495 0.0% --
08/31/2022 08/31/22 Under Contract -- -- --
08/17/2022 08/17/22 Price Changed $8,495 -5.6% $4 / Sq Ft
08/04/2022 08/04/22 Price Changed $8,995 -5.3% $5 / Sq Ft
07/21/2022 07/21/22 For Rent $9,495 0.0% --
10/01/2021 10/01/21 Sold $2,600,000 +2.0% $1,182 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $2,549,000 -2.0% $1,159 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
08/03/2021 08/03/21 Off Market $2,600,000 -- --
07/22/2021 07/22/21 For Sale $2,549,000 -- $1,159 / 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
2025 $32,075 $2,759,140 $2,207,312 $551,828
2024 $32,075 $2,705,040 $2,164,032 $541,008
2023 $31,563 $2,652,000 $2,121,600 $530,400
2022 $31,179 $2,600,000 $2,080,000 $520,000
2021 $12,248 $991,851 $793,489 $198,362
2019 $12,035 $962,434 $769,954 $192,480
2018 $11,302 $943,563 $754,857 $188,706
2016 $10,876 $906,925 $725,546 $181,379
2015 $10,732 $893,303 $714,648 $178,655
2014 $10,586 $875,806 $700,650 $175,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-181045

The MLS

APN: 4272-006-014