NOT LISTED FOR SALE

3416 Verdugo Rd Los Angeles, CA 90065

Glassell Park Neighborhood

Estimated Value: $1,283,265

2 Beds
1 Bath
1,877 Sq Ft
$684/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $907,500 $483 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,412/month

77 Days on Market

Highlights

  • Art Studio
  • Contemporary Architecture
  • Breakfast Area or Nook
  • Eagle Rock High School Rated A
  • No HOA
  • Living Room

About This Home

As of July 2018

Rare commercial opportunity in prime NELA location on Verdugo Rd, where Glassell Park, Mt Washington and Eagle Rock converge. Enter this hidden treasure through the vines and prepare to be impressed with the space, layout, and light. Currently used as an art studio, with a full bathroom and kitchen, this space has the potential for all kinds of uses. The two outdoor spaces and variety of room sizes create an enchanting indoor-outdoor experience. Or use one of the spaces for your personal secured parking spot. This property will be delivered vacant for an owner/user to possibly convert to live/work, create an amazing office, permits show prior bar use, also a terrific investor opportunity endless possibilities. The property comes with it's own solar panel system among other system updates. Nearby shops including Verdugo Bar, Habitat Coffee, Division 3, Little Ripper Coffee, and Lemon Poppy. Also close to the rec center with pool and iconic GLASSELLLAND sign. Buyer to verify all info.

Last Agent to Sell the Property

Andrea Dunlop

Sotheby's International Realty License #01396262 Listed on: 04/09/2018

Sotheby's International Realty

Co-Listed By

Jessie Thurston

Compass License #01907756

Last Buyer's Agent

Christy Lindgren

Keller Williams Larchmont License #01963461

Keller Williams Larchmont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,683

Year Built

  • Built in 1925

Lot Details

  • 2,814 Sq Ft Lot
  • Property is zoned LAC4

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,877 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Art Studio
  • Dance Studio
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5460-007-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,683

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 1877
  • Year Built: 1925
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dryer, Range/Oven, Washer
  • Price Per S Q F T: 500.27

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space

Utilities

  • Cooling: Ceiling Fan

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5460-007-017
  • Geocode Override: No
  • Lot Size Area: 2814

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2020
Sold by
Culp Charles Hamer
Bought by
Culp Diane Colyear
Current Estimated Value
$1,283,265

Purchase Details

Closed on
Jun 18, 2020
Sold by
Culp Diane Colyear
Bought by
3416 Verdugo Road Llc

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 29, 2018
Sold by
Herzog Katherine
Bought by
Culp Diane Colyear
Seller's Agent
Andrea Dunlop
Sotheby's International Realty
Buyer's Agent
Christy Lindgren
Keller Williams Larchmont
List Price
$979,000
Sold Price
$907,500
Premium/Discount to List
-$71,500
-7.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Aug 19, 2011
Sold by
Herzog Katherine
Bought by
Herzog Katherine and Katherine Herzog Revocable Living Trust

Purchase Details

Closed on
Jul 9, 2010
Sold by
Plasecki Bogumil
Bought by
Herzog Katherine

Purchase Details

Closed on
Aug 19, 2003
Sold by
Piasecki Bogumil
Bought by
Piasecki Bogumil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 1995
Sold by
Baranowski Robert S
Bought by
Piasecki Bogumil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 1994
Sold by
Piasecki Bogumil
Bought by
Piasecki Bogumil
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
Culp Diane Colyear -- Accommodation
3416 Verdugo Road Llc -- Accommodation
Culp Diane Colyear $907,500 Lawyers Title
Herzog Katherine -- None Available
Herzog Katherine $220,000 Usa National Title Co
Piasecki Bogumil -- Fidelity National Title
Piasecki Bogumil -- California Counties Title Co
Piasecki Bogumil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3416 Verdugo Road Llc $550,000
Previous Owner Piasecki Bogumi $5,000
Previous Owner Piasecki Bogumil $120,000
Previous Owner Piasecki Bogumil $77,500
Previous Owner Piasecki Bogumil $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $907,500 -3.4% $483 / Sq Ft
05/30/2018 05/30/18 Price Changed $939,000 -4.1% $500 / Sq Ft
04/09/2018 04/09/18 For Sale $979,000 -- $522 / 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 $17,683 $1,480,765 $844,296 $636,469
2024 $17,683 $1,451,732 $827,742 $623,990
2023 $17,337 $1,423,267 $811,512 $611,755
2022 $16,524 $1,395,360 $795,600 $599,760
2021 $15,662 $1,312,000 $780,000 $532,000
2020 $11,347 $925,650 $554,880 $370,770
2019 $10,894 $907,500 $544,000 $363,500
2018 $3,565 $287,122 $225,195 $61,927
2016 $3,401 $275,974 $216,451 $59,523
2015 $3,352 $271,829 $213,200 $58,629
2014 $3,363 $266,505 $209,024 $57,481
Source: Public Records

Agents Affiliated with this Home

  • Andrea Dunlop

    Seller's Agent in 2018

    Andrea Dunlop

    Sotheby's International Realty

    (310) 560-4180

    1 in this area

    55 Total Sales

    Andrea Dunlop
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Jessie Thurston

    Compass

    Section Image

  • C

    Buyer's Agent in 2018

    Christy Lindgren

    Keller Williams Larchmont

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 18-331288

The MLS

APN: 5460-007-017

California Los Angeles County Los Angeles 90065 Glassell Park

3416 Verdugo Rd, Los Angeles, CA

This home is located at 3416 Verdugo Rd, Los Angeles, CA 90065 since 09 April 2018 and is currently estimated at $1,283,265, approximately $683 per square foot. This property was built in 1925. 3416 Verdugo Rd is a home located in Los Angeles County with nearby schools including Fletcher Drive Elementary School, Glassell Park Elementary, and Irving STEAM Magnet School.

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