NOT LISTED FOR SALE

3040 Motor Ave Los Angeles, CA 90064

Cheviot Hills Neighborhood

Estimated Value: $3,317,000 - $3,770,000

4 Beds
3 Baths
3,440 Sq Ft
$1,035/Sq Ft Est. Value

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Home Office
  • Castle Heights Elementary Rated A-
  • Mediterranean Architecture
  • Views

About This Home

As of March 2013

This classic Mediterranean revival home has natural hardwood flooring throughout. The ground floor features a sunken living room, formal dining room, a remodeled kitchen and breakfast area, office, den and game room (both rooms have French windows leading to the backyard), utility room (now being used as a second office, but could serve as a maid's room/small bedroom) and full bathroom. There is a large gated backyard, two separate patios, built-in barbecue as well as a finished garage.Upstairs are three bedrooms; the master is very large and has its own balcony, along with a large remodeled bathroom and huge walk in closet. The other two bedrooms have walk-in closets and share a remodeled full bathroom -- one bedroom is as large as the master and has its own private balcony and the other is a standard size. There is a large new laundry room upstairs with brand new machines. The house is both family-friendly and ideally suited to formal and casual entertaining.

Last Agent to Rent the Property

Ely Malkin

Ely Malkin License #00882923 Listed on: 03/06/2013

Last Renter's Agent

Elizabeth Kaye

Corcoran Global Living License #01885802

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,985

Year Built

  • Built in 1932

Lot Details

  • 8,776 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,440 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Home Office
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $6,000
  • Tenant pays for electricity, gas, trash collection, water
  • Negotiable Lease Term
  • Assessor Parcel Number 4316-005-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,985

Year Built

Built in 1932

Lot Details

0

Rental Info

  • Security Deposit: 6000
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Mediterranean
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: none
  • Entry Floor: 1
  • Lease Terms: Negotiable
  • Living Area: 3440
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1932
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: On Upper Level
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Dryer, Garbage Disposal, Ice Maker, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 1.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Zoned

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4316-005-011
  • Geocode Override: No
  • Lot Size Area: 8776

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2017
Sold by
Malkin Ely
Bought by
Malkin Ely and Feinberg Roberta
Current Estimated Value
$3,782,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
3.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2008
Sold by
Wolman Andrea
Bought by
Malkin Ely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,227,625
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2001
Sold by
Poulson Lynn O and Poulson Ellina O
Bought by
Wolman Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
7.37%

Purchase Details

Closed on
Oct 25, 1991
Sold by
Poulson Lynn O and Poulson Ellina O
Bought by
Poulson Lynn O
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
Malkin Ely -- Ticor Title Company
Malkin Ely -- Equity Title Los Angeles
Wolman Andrea $920,000 Chicago Title
Wolman Andrea Leslie -- Chicago Title
Poulson Lynn O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malkin Ely $898,000
Closed Malkin Ely $1,080,000
Closed Malkin Ely $945,301
Closed Malkin Ely $1,020,763
Closed Malkin Ely $1,140,000
Previous Owner Malkin Ely $1,227,625
Previous Owner Wolman Andrea $900,000
Previous Owner Wolman Andrea $789,750
Previous Owner Wolman Andrea $720,000
Previous Owner Wolman Andrea $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2013 03/11/13 Rented $6,200 +3.3% --
03/11/2013 03/11/13 Under Contract -- -- --
03/06/2013 03/06/13 For Rent $6,000 -- --
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 $26,985 $2,258,339 $1,558,961 $699,378
2024 $26,985 $2,214,059 $1,528,394 $685,665
2023 $26,461 $2,170,647 $1,498,426 $672,221
2022 $25,229 $2,128,087 $1,469,046 $659,041
2021 $24,915 $2,086,361 $1,440,242 $646,119
2019 $24,165 $2,024,480 $1,397,525 $626,955
2018 $24,039 $1,984,785 $1,370,123 $614,662
2016 $22,984 $1,907,715 $1,316,920 $590,795
2015 $22,642 $1,879,060 $1,297,139 $581,921
2014 $22,707 $1,842,252 $1,271,730 $570,522
Source: Public Records

Agents Affiliated with this Home

  • E

    Landlord's Agent in 2013

    Ely Malkin

    Ely Malkin

    (310) 247-0738

    Section Image

  • E

    Tenant's Agent in 2013

    Elizabeth Kaye

    Corcoran Global Living

See All Agents

Map

Source: The MLS

MLS Number: 13-656079

The MLS

APN: 4316-005-011

California Los Angeles County Los Angeles 90064 Cheviot Hills

3040 Motor Ave, Los Angeles, CA

This home is located at 3040 Motor Ave, Los Angeles, CA 90064 since 06 March 2013 and is currently priced at $3,559,577. This property was built in 1932. 3040 Motor Ave is a home located in Los Angeles County with nearby schools including Castle Heights Elementary, Palms Middle School, and Alexander Hamilton Senior High School.

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