NOT LISTED FOR SALE

2501 Lake View Ave Los Angeles, CA 90039

Estimated Value: $1,088,000 - $1,348,000

1 Bed
1 Bath
512 Sq Ft
$2,407/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $1,050,000 $2,051 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,938/month

46 Days on Market

Highlights

  • Mountain View
  • Engineered Wood Flooring
  • No HOA
  • John Marshall Senior High Rated A
  • Modern Architecture
  • Bathtub with Shower

About This Home

As of March 2022

Perched on the hills of Silver Lake, this charming 1 bedroom, 1 bathroom awaits you. Enjoy beautiful views of the mountains from the living room and al fresco dining to bask in the idyllic weather that comes with living in Los Angeles. The backyard is a veritable oasis perfect for escaping the busy city life, complete with a vegetable garden and a convenient tool shed. The updated bathroom includes both a shower and a bathtub. As an added bonus, forget stressing about the annoyance of street parking thanks to the useful two-car garage! One of the most attractive characteristics of this home is the opportunity to add space as your needs grow. The sellers invested in architectural plans that allow for expansion into a 3-bedroom, 2-bathroom home. Buyers can take full advantage of this flexibility, making this home an even smarter future investment. Plans have not been submitted for permits.

Last Agent to Sell the Property

Isis Luna

Compass License #02012442 Listed on: 02/21/2022

Co-Listed By

Jan Emamian

COMPASS License #01010028

Last Buyer's Agent

Ogsen Mahseregyan

License #01295339

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,691

Year Built

  • Built in 1949

Lot Details

  • 3,326 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture
  • Flat Roof Shape

Interior Spaces

  • 512 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Engineered Wood Flooring
  • Mountain Views

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Shed

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5440-013-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,691

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: Perched on the hills of Silver Lake, this charming 1 bedroom, 1 bathroom awaits you. Enjoy beautiful views of the mountains from the living room and al fresco dining to bask in the idyllic weather that comes with living in Los Angeles. The backyard is a veritable oasis perfect for escaping the busy city life, complete with a vegetable garden and a convenient tool shed. The updated bathroom includes both a shower and a bathtub. As an added bonus, forget stressing about the annoyance of street parking thanks to the useful two-car garage! One of the most attractive characteristics of this home is the opportunity to add space as your needs grow. The sellers invested in architectural plans that allow for expansion into a 3-bedroom, 2-bathroom home. Buyers can take full advantage of this flexibility, making this home an even smarter future investment.
  • Living Area: 512
  • Lot Acreage: 0.0764
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Engineered Hardwood
  • Appliances: Oven
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside, Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Washer, Refrigerator
  • Price Per S Q F T: 1523.44

Exterior Features

  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5440-013-013
  • Lot Size Area: 3326

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2022
Closed on
Apr 15, 2022
Sold by
George Zouein Living Trust
Bought by
Kristin J Yee Revocable Living Trust and Yee
Seller's Agent
Isis Luna
Compass
Buyer's Agent
Ogsen Mahseregyan
List Price
$780,000
Sold Price
$1,050,000
Premium/Discount to List
$270,000
34.62%
Total Days on Market
46
Current Estimated Value
$1,232,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,283
Avg. Annual Appreciation
4.14%
Original Mortgage
$750,000
Outstanding Balance
$702,027
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$503,289

Purchase Details

Listed on
Feb 21, 2022
Closed on
Mar 9, 2022
Sold by
Carballo Sherwin C and Carballo Melody A
Bought by
George Zouein Living Trust
Seller's Agent
Isis Luna
Compass
Buyer's Agent
Ogsen Mahseregyan
List Price
$780,000
Sold Price
$1,050,000
Premium/Discount to List
$270,000
34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$702,027
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$503,289

Purchase Details

Closed on
Nov 18, 2019
Sold by
Carballo Sherwin C and Carballo Melody A
Bought by
Carballo Sherwin C and Carballo Melody A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 2014
Sold by
Carballo Sherwin C and Melendez Melody A
Bought by
Carballo Sherwin C and Melendez Melody A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2013
Closed on
Sep 24, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Carballo Sherwin C and Melendez Melody A
Seller's Agent
Peter Park
Prime Properties Asset Mgmt
Buyer's Agent
Peter Park
Prime Properties Asset Mgmt
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$343,452
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2013
Sold by
Guild Mortgage Company
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
May 17, 2011
Sold by
Pagano James A
Bought by
Guild Mortgage Company

Purchase Details

Closed on
Mar 16, 2009
Sold by
Davis Robert K
Bought by
Pagano James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,059
Interest Rate
4.76%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2009
Sold by
Aker Barbara D
Bought by
Davis Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,059
Interest Rate
4.76%
Mortgage Type
FHA
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
Kristin J Yee Revocable Living Trust $1,168,000 Lawyers Title
George Zouein Living Trust $1,050,000 Chicago Title
Carballo Sherwin C -- Lawyers Title Sd
Carballo Sherwin C -- Equity Title
Carballo Sherwin C $365,000 Lawyers Title Company
The Secretary Of Housing & Urban Develop -- Servicelink
Guild Mortgage Company $347,895 Servicelink
Pagano James A $328,000 Equity Title Los Angeles
Davis Robert K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Zouein Living Trust $750,000
Previous Owner Carballo Sherwin C $562,000
Previous Owner Carballo Sherwin C $568,000
Previous Owner Carballo Sherwin C $348,000
Previous Owner Carballo Sherwin C $343,452
Previous Owner Pagano James A $322,059
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $1,050,000 +34.6% $2,051 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $780,000 +126.1% $1,523 / Sq Ft
10/03/2013 10/03/13 Sold $345,000 0.0% $674 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
06/11/2013 06/11/13 For Sale $345,000 -- $674 / 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 $14,691 $1,239,488 $991,591 $247,897
2024 $14,691 $1,215,186 $972,149 $243,037
2023 $14,402 $1,191,360 $953,088 $238,272
2022 $5,022 $421,625 $294,561 $127,064
2021 $4,962 $413,359 $288,786 $124,573
2019 $4,812 $401,100 $280,221 $120,879
2018 $4,794 $393,236 $274,727 $118,509
2016 $4,584 $377,968 $264,060 $113,908
2015 $4,517 $372,291 $260,094 $112,197
2014 $4,537 $365,000 $255,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-129725

The MLS

APN: 5440-013-013