NOT LISTED FOR SALE

3534 Portola Ave Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $951,000 - $987,000

3 Beds
1 Bath
1,250 Sq Ft
$774/Sq Ft Est. Value

Last Sold December 10, 2019

Last sale price $715,000 $572 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,853/month

9 Days on Market

Highlights

  • Open Floorplan
  • Craftsman Architecture
  • No HOA
  • Abraham Lincoln High School Rated A
  • Living Room with Fireplace
  • Fenced Yard

About This Home

As of December 2019

Beautiful style & original character make up this 3 bedroom 1 bath craftsman (with a separate 1 bed/1 bath remodeled ADU) located in the trending NELA neighborhood of El Sereno.The entrance greets you w/ a long open porch so you can enjoy your morning coffee while taking in the neighborhood views. Enter into an open floor plan living & dining area with original built ins, romantic fireplace & plenty of natural light.Double pane windows, recessed lighting, gorgeous new floors, central HVAC (w/ Nest thermostat) & designer lighting fixtures are also featured. The custom kitchen boasts quartz counter tops, new shaker cabinets, granite sink, stainless steel appliances & central partial island seating. The large bathroom has custom designer tile with all new fixtures. The back area is ideal for entertaining w/ multiple lounge areas, fruit trees, & plenty of room for gardening.There is also a detached 2 car garage w/custom barn doors & beamed ceilings that can be used as an office/art studio.

Last Agent to Sell the Property

Rose Garcia

The Core Agency License #01373253 Listed on: 11/05/2019

Last Buyer's Agent

Justin Freibrun

License #02037220

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,427

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 6,869 Sq Ft Lot
  • Fenced Yard
  • Chain Link Fence
  • Property is zoned LARD3

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Stucco

Interior Spaces

  • 1,250 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Additional Features

  • Front Porch
  • Accessory Dwelling Unit (ADU)
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5219-009-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,427

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1250
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1915
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floor Plan
  • Fireplace Rooms: Living Room
  • Appliances: Microwave
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Remodeled
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 551.92

Exterior Features

  • Construction: Stucco
  • Other Structures: Accessory Dwelling Unit
  • Tennis Court Y/N: No
  • Fence: Chain Link
  • Patio: Porch - Front
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5219-009-005
  • Geocode Override: No
  • Lot Description: Fenced Yard
  • Lot Size Area: 6869

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Dec 4, 2019
Sold by
Milkhouse Investors Llc
Bought by
Lynch Jack E and Berlin Carina Rissa
Seller's Agent
Rose Garcia
The Core Agency
Buyer's Agent
Justin Freibrun
List Price
$689,900
Sold Price
$715,000
Premium/Discount to List
$25,100
3.64%
Current Estimated Value
$967,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,946
Avg. Annual Appreciation
5.29%
Original Mortgage
$679,250
Outstanding Balance
$600,607
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$367,339

Purchase Details

Listed on
Nov 5, 2019
Closed on
Oct 29, 2019
Sold by
Milkhouse Investors Llc
Bought by
Milkhouse Investors Llc and Mendo Real Estate Llc
Seller's Agent
Rose Garcia
The Core Agency
Buyer's Agent
Justin Freibrun
List Price
$689,900
Sold Price
$715,000
Premium/Discount to List
$25,100
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,250
Outstanding Balance
$600,607
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$367,339

Purchase Details

Listed on
Aug 6, 2019
Closed on
Sep 11, 2019
Sold by
Valdez Johanna Ramirez
Bought by
Mendoza Frank Al
Seller's Agent
Maribel Benitez
Compass-Pasadena
Buyer's Agent
Rose Garcia
The Core Agency
List Price
$535,000
Sold Price
$480,000
Premium/Discount to List
-$55,000
-10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.6%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 6, 2019
Closed on
Sep 5, 2019
Sold by
Harris Gerald R and Adame Harris Martha
Bought by
Milkhouse Investors Llc
Seller's Agent
Maribel Benitez
Compass-Pasadena
Buyer's Agent
Rose Garcia
The Core Agency
List Price
$535,000
Sold Price
$480,000
Premium/Discount to List
-$55,000
-10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
3.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 30, 2014
Sold by
Adame Harris Martha
Bought by
The Harris Family Trust

Purchase Details

Closed on
Apr 16, 2005
Sold by
Arguello Martha Elena Adame
Bought by
Arguello Martha Elena and Martha Elena Arguello Revocable Trust
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
Lynch Jack E $715,000 Wfg National Title Company
Milkhouse Investors Llc -- Wfg Title
Mendoza Frank Al -- Wfg National Title Company
Milkhouse Investors Llc $480,000 Wfg National Title Company
The Harris Family Trust -- None Available
Adame Harris Martha -- None Available
Arguello Martha Elena -- --
Arguello Martha Elena Adame -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Jack E $679,250
Previous Owner Milkhouse Investors Llc $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2019 12/10/19 Sold $715,000 +3.6% $572 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/05/2019 11/05/19 For Sale $689,900 +43.7% $552 / Sq Ft
09/18/2019 09/18/19 Sold $480,000 0.0% $482 / Sq Ft View Prior Sale
09/03/2019 09/03/19 Pending -- -- --
08/20/2019 08/20/19 Off Market $480,000 -- --
08/06/2019 08/06/19 For Sale $535,000 -- $537 / 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 $9,427 $781,951 $625,562 $156,389
2024 $9,427 $766,620 $613,297 $153,323
2023 $9,244 $751,589 $601,272 $150,317
2022 $8,815 $736,853 $589,483 $147,370
2021 $8,708 $722,406 $577,925 $144,481
2019 $644 $36,420 $21,066 $15,354
2018 $545 $35,706 $20,653 $15,053
2016 $509 $34,321 $19,852 $14,469
2015 $503 $33,806 $19,554 $14,252
2014 $514 $33,144 $19,171 $13,973
Source: Public Records

Agents Affiliated with this Home

  • Rose Garcia

    Seller's Agent in 2019

    Rose Garcia

    The Core Agency

    (818) 671-8891

    6 in this area

    97 Total Sales

    Rose Garcia
    Section Image
  • Maribel Benitez

    Seller's Agent in 2019

    Maribel Benitez

    Compass-Pasadena

    (626) 497-5620

    15 in this area

    76 Total Sales

    Maribel Benitez
    Section Image
  • Kelly Tran

    Seller Co-Listing Agent in 2019

    Kelly Tran

    Compass

    (626) 379-8447

    14 in this area

    76 Total Sales

    Kelly Tran
    Section Image

  • J

    Buyer's Agent in 2019

    Justin Freibrun

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Map

Source: The MLS

MLS Number: 19-527174

The MLS

APN: 5219-009-005

California Los Angeles County Los Angeles 90032 El Sereno

3534 Portola Ave, Los Angeles, CA

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