NOT LISTED FOR SALE

Estimated Value: $1,335,000 - $1,574,000

4 Beds
4 Baths
2,593 Sq Ft
$569/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $1,280,000 $494 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,029/month

9 Days on Market

Highlights

  • Newly Remodeled
  • Primary Bedroom Suite
  • Two Primary Bathrooms
  • Eagle Rock High School Rated A
  • Panoramic View
  • Open Floorplan

About This Home

As of May 2024

Welcome to your dream home in Glassell Park! This stunning property offers the perfect blend of modern luxury and convenient living, boasting a main residence and a New Accessory Dwelling Unit (ADU) ideal for multi-generational families or rental income opportunities. Main Residence steps into luxury living with this top unit spanning 1306 square feet, featuring 2 bedrooms and 2 bathrooms, all complemented by a charming balcony. Revel in breathtaking views from both the balcony and large windows throughout the unit, flooding the space with natural light and enhancing the airy and inviting atmosphere. Recent upgrades include brand new recessed lighting, elevating both functionality and style. The kitchen boasts upgraded appliances, quartz countertops, and ample cabinet space, making meal prep a breeze. Sustainable living is made easy with included paid-off solar panels, reducing your environmental impact while saving on energy costs. Located just moments from Occidental College, this home offers a prime location for students, faculty, or anyone seeking proximity to this esteemed institution. The bottom unit ADU offers its own private sanctuary spanning 1287 square feet, featuring 2 bedrooms and 2 bathrooms, perfect for guests or rental income. Enjoy stunning views from large windows throughout the ADU, creating a serene atmosphere. Like the main residence, the ADU features modern upgrades, including recessed lighting and an upgraded kitchen with quartz countertops. With a separate entrance, the ADU provides privacy and independence, ideal for extended family members, tenants, or a home office. Both units are equipped with their own Laundry Areas and tankless water heaters, providing efficient and on-demand hot water. Both units have brand new and separate Central A/C systems. Soak in the California sun and breathtaking views from the main residence's balcony and enjoy the private outdoor space. Situated in the desirable Glassell Park neighborhood, this home offers easy access to shops, dining, parks, and entertainment options, ensuring a vibrant and fulfilling lifestyle for its residents.

Last Agent to Sell the Property

Andre Patatanyan

TruLine Realty License #02083271 Listed on: 03/22/2024

Last Buyer's Agent

Brian Zinda

Berkshire Hathaway HomeServices California Properties License #01939020

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,489

Year Built

  • Built in 1968 | Newly Remodeled

Lot Details

  • 8,079 Sq Ft Lot
  • Lot Dimensions are 73x110
  • West Facing Home
  • Gated Home
  • Sprinkler System

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • City Lights
  • Views of a landmark
  • Mountain
  • Hills
  • Valley
  • Park or Greenbelt

Home Design

  • Midcentury Modern Architecture
  • Turnkey
  • Additions or Alterations
  • Raised Foundation
  • Asphalt Roof
  • Copper Plumbing

Interior Spaces

  • 2,593 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Fire Sprinkler System
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Oven
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Two Primary Bathrooms
  • Powder Room
  • 4 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry in Garage
  • Gas Dryer Hookup

Accessible Home Design

  • ADA Compliant

Outdoor Features

  • Living Room Balcony
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5460-026-031

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,489

Year Built

Built in 1968 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Alley: No
  • Building Permit: Yes
  • Disability Access: No Interior Steps, Lowered Light Switches
  • Entry Floor: 2
  • Entry Location: Ground Level w/steps
  • Living Area: 2593
  • Lot Acreage: 0.1855
  • Lot Dimensions: 73x110
  • Probate: No
  • Property Condition: New Construction, Updated/Remodeled, Additions/Alter
  • Stories: 2
  • Year Built: 1968
  • Number Of Photos: 69
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Living Room Balcony, Recessed Lighting, Turnkey, Open Floor Plan
  • Number Carpet: 0
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Flooring: Laminate, Tile
  • Appliances: Oven, Oven-Gas
  • Bedrooms: 4
  • Bedroom Features: 2 Master Bedrooms, Ground Floor Master, Main Floor Master Bedroom, Master Bedroom, Master Suite, Main Floor Bedroom, WalkInCloset
  • Common Walls: Attached
  • Bathroom Features: 2 Master Baths, Remodeled, Shower and Tub, Powder Room, Low Flow Toilet(s)
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Quartz Counters, Remodeled
  • Laundry: Garage, In Closet, Laundry Area, In Unit, On Upper Level
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Gas Dryer Hookup, Garbage Disposal, Freezer, Hood Fan, Refrigerator
  • Price Per S Q F T: 500.96
  • Windows: Double Pane Windows, Window Shutters

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, High Ceilings (9 Feet+), Energy Efficient, Rain Gutters, Sprinkler System, Full Copper Plumbing
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Balcony, Living Room Balcony
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: City, City Lights, Fields, Hills, Landmark, Mountains, Panoramic, Park, Valley
  • View: Yes

Garage/Parking

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

Utilities

  • Water Heater: Tankless
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 1
  • Number Water Meters: 1
  • Security: Fire Sprinklers, Gated
  • Water: In Street
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System
  • Additions Alterations: Yes
  • Assessed Improvement Percent: 35.29
  • Assessed Improvement Value: 321660
  • Assessed Land Percent: 64.71
  • Assessed Land Value: 589709
  • Total Assessed Value: 911369
  • Assessor Parcel Number: 5460-026-031
  • Lot Description: Gutters, Yard
  • Lot Size Area: 8079

Rental Info

  • Number Leased: 0
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.20
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Apr 24, 2024
Sold by
Matias Family Revocable Living Trust and Matias Romulo C
Bought by
Melcher Patrick J
Seller's Agent
Andre Patatanyan
TruLine Realty
Buyer's Agent
Brian Zinda
Berkshire Hathaway HomeServices California Properties
List Price
$1,299,000
Sold Price
$1,280,000
Premium/Discount to List
-$19,000
-1.46%
Views
13
Current Estimated Value
$1,474,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,389
Avg. Annual Appreciation
11.78%
Original Mortgage
$1,024,000
Outstanding Balance
$1,017,643
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$456,746

Purchase Details

Listed on
Jan 8, 2019
Closed on
May 13, 2019
Sold by
Libunao Nardo C and Libunao Ivy S
Bought by
The Matias Family Revocable Living Trust
Seller's Agent
Sunshine Coyle-Pardo
High Ten Partners, Inc.
Buyer's Agent
Barbara E. Mahler
Re/Max Tri-City Realty
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%

Purchase Details

Closed on
Nov 24, 2004
Sold by
Libunao Nardo C
Bought by
Libunao Nardo C and Libunao Ivy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 4, 2003
Sold by
Libunao Ivy S
Bought by
Libunao Nardo C and Libunao Ivy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
5.92%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 30, 2002
Sold by
Johnson Joann J and The Joann J Johnson Trust
Bought by
Libunao Nardo C and Libunao Ivy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.37%

Purchase Details

Closed on
Sep 19, 2001
Sold by
Johnson Joann J
Bought by
Johnson Joann J and Joann J Johnson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.91%
Mortgage Type
Credit Line Revolving
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
Melcher Patrick J $1,280,000 Provident Title
The Matias Family Revocable Living Trust $850,000 First American Title Company
Libunao Nardo C -- Financial Title Company
Libunao Nardo C -- Financial Title Company La
Libunao Nardo C -- Gateway Title Company
Libunao Ivy S -- Gateway Title Company
Libunao Nardo C $380,000 Chicago Title
Johnson Joann J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melcher Patrick J $1,024,000
Previous Owner Libuano Nardo C $50,000
Previous Owner Libunao Nardo C $100,000
Previous Owner Libunao Nardo C $460,000
Previous Owner Libunao Nardo C $162,650
Previous Owner Libunao Ivy S $114,000
Previous Owner Libunao Nardo C $31,499
Previous Owner Libunao Nardo C $304,000
Previous Owner Johnson Joann J $200,000
Closed Libunao Nardo C $74,900
Closed Libunao Nardo C $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $1,280,000 0.0% $494 / Sq Ft
05/01/2024 05/01/24 Sold $1,280,000 -1.5% $494 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/31/2024 03/31/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $1,299,000 0.0% $501 / Sq Ft
03/19/2024 03/19/24 For Sale $1,299,000 +52.8% $501 / Sq Ft
05/21/2019 05/21/19 Sold $850,000 -5.5% $308 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $899,900 +5.9% $326 / Sq Ft
04/10/2019 04/10/19 Off Market $850,000 -- --
02/23/2019 02/23/19 Price Changed $899,900 -5.3% $326 / Sq Ft
01/08/2019 01/08/19 For Sale $950,000 -- $344 / 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 $11,489 $1,305,600 $1,023,672 $281,928
2024 $11,489 $929,596 $601,503 $328,093
2023 $11,268 $911,369 $589,709 $321,660
2022 $10,744 $893,500 $578,147 $315,353
2021 $10,605 $875,981 $566,811 $309,170
2020 $10,711 $867,000 $561,000 $306,000
2019 $6,024 $493,353 $276,409 $216,944
2018 $15,649 $483,681 $270,990 $212,691
2016 $5,695 $464,901 $260,468 $204,433
2015 $5,612 $457,919 $256,556 $201,363
2014 $5,637 $448,950 $251,531 $197,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-371823

The MLS

APN: 5460-026-031