NOT LISTED FOR SALE

2055 Balmer Dr Los Angeles, CA 90039

Estimated Value: $2,101,943 - $2,371,000

3 Beds
1.5 Baths
1,756 Sq Ft
$1,302/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $1,625,785 $926 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $13,942/month

14 Days on Market

Highlights

  • Views of Trees
  • Wood Flooring
  • No HOA
  • Ivanhoe Elementary Rated A-
  • Spanish Architecture
  • Covered Patio or Porch

About This Home

As of February 2020

Set above a quiet street, this Spanish home was the residence of an actor and Hollywood Foreign Press Association correspondent and his wife; who hosted a number of celebrity parties here. The first time on the market in over 60 years, this is the opportunity for a new owner to update it and make it their own. Natural sunlight floods the hardwood floors, and period features include arched doorways, wrought iron rails and fixtures, charming built-ins, and a picturesque corner fireplace. The remodeled kitchen is equipped with stainless appliances. The private backyard is an entertainer's dream with broad stone patio, grassy yard and shielding trees. An aged Saltillo tile front balcony looks out to views of the mountains beyond. This timeless retreat, is located in the highly sought after Ivanhoe School District, in the heart of Silver Lake. Discover the neighborhood's fascinating Secret Stairs and explore what many consider LA's hippest neighborhood and most-watched restaurant scenes.

Last Agent to Sell the Property

Steven Durbahn

Compass License #01884343 Listed on: 01/16/2020

Compass

Last Buyer's Agent

Anselm Clinard

Compass License #01872344

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,120

Year Built

  • Built in 1929

Lot Details

  • 4,862 Sq Ft Lot
  • Wood Fence
  • Property is zoned LAR1

Property Views

  • Trees
  • Reservoir
  • Mountain

Home Design

  • Spanish Architecture
  • Split Level Home
  • Tile Roof

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Air Conditioning
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5431-018-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,120

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 1756
  • Stories: 1
  • Year Built: 1929
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 779.61

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Cedar Fence
  • Patio: Covered Porch, Patio Open
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: Mountains, Reservoir, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, On street

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Natural Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5431-018-011
  • Geocode Override: No
  • Lot Size Area: 4862

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2024
Sold by
Libresco Caroline
Bought by
Caroline Juliet Libresco Living Trust and Libresco
Current Estimated Value
$2,286,486

Purchase Details

Listed on
Jan 16, 2020
Closed on
Feb 13, 2020
Sold by
Lomedico Stella and The Ersilia Lomedico Revocable
Bought by
Libresco Caroline
Seller's Agent
Steven Durbahn
Compass
Buyer's Agent
Anselm Clinard
Compass
List Price
$1,369,000
Sold Price
$1,625,785
Premium/Discount to List
$256,785
18.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%

Purchase Details

Closed on
Sep 6, 2006
Sold by
Lomedico Ersilia
Bought by
Lomedico Ersilia and Ersilia Lomedico Revocable Tru

Purchase Details

Closed on
Aug 27, 1993
Sold by
Lomedico Tony G and Lomedico Laurie L
Bought by
Lomedico Tony G
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
Caroline Juliet Libresco Living Trust -- None Listed On Document
Libresco Caroline $1,626,000 Lawyers Title
Lomedico Ersilia -- None Available
Lomedico Tony G -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $1,625,785 +18.8% $926 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $1,369,000 -- $780 / 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 $21,120 $1,778,046 $1,422,395 $355,651
2024 $21,120 $1,743,183 $1,394,505 $348,678
2023 $20,705 $1,709,004 $1,367,162 $341,842
2022 $19,814 $1,675,495 $1,340,355 $335,140
2021 $19,577 $1,642,643 $1,314,074 $328,569
2020 $19,087 $1,568,000 $1,218,000 $350,000
2019 $1,324 $96,865 $45,025 $51,840
2018 $1,275 $94,967 $44,143 $50,824
2016 $1,198 $91,281 $42,430 $48,851
2015 $1,181 $89,911 $41,793 $48,118
2014 $1,193 $88,151 $40,975 $47,176
Source: Public Records

Agents Affiliated with this Home

  • Steven Durbahn

    Seller's Agent in 2020

    Steven Durbahn

    Compass

    (310) 597-1494

    1 in this area

    6 Total Sales

    Steven Durbahn
    Section Image
  • Anselm Clinard

    Buyer's Agent in 2020

    Anselm Clinard

    Compass

    (310) 999-3972

    7 in this area

    70 Total Sales

    Anselm Clinard
    Section Image
  • Kurt Wisner

    Buyer Co-Listing Agent in 2020

    Kurt Wisner

    Compass

    (323) 841-3839

    58 in this area

    397 Total Sales

    Kurt Wisner
    Section Image
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Map

Source: The MLS

MLS Number: 20-542736

The MLS

APN: 5431-018-011

California Los Angeles County Los Angeles 90039

2055 Balmer Dr, Los Angeles, CA

This home is located at 2055 Balmer Dr, Los Angeles, CA 90039 since 16 January 2020 and is currently estimated at $2,286,486, approximately $1,302 per square foot. This property was built in 1929. 2055 Balmer Dr 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.

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