NOT LISTED FOR SALE

525 N Sierra Bonita Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,061,000 - $2,303,000

3 Beds
2 Baths
1,647 Sq Ft
$1,327/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $1,950,000 $1,184 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $14,294/month

58 Days on Market

Highlights

  • Detached Guest House
  • Open Floorplan
  • Wood Flooring
  • Primary Bedroom Suite
  • Maid or Guest Quarters
  • Spanish Architecture

About This Home

As of February 2021

Set behind lush hedges in the vibrant pocket of the Melrose/Beverly Grove area, this sophisticated, modern single story Spanish home has been updated and expanded to be your sanctuary in the heart of LA. The inviting front porch leads to an elegant living room with hardwood floors and coved ceilings, all illuminated by a large arched window & accented by a brick fireplace and built-in shelves. This open floor plan continues through an archway to the formal dining room. The designer kitchen, boasting high-end stainless steel appliances and large breakfast bar is the heart of the home. Two bright bedrooms share a hall bathroom with marble countertops, subway tile shower over a deep tub, and skylight. The generous sized master is complimented by a walk-in closet and en-suite bathroom with a spa tub, shower, and dual sinks. French doors open to a newly built cedar deck perfect for entertaining. Work from home or host a guest in the reimagined garage that has been completely remodeled as an ADU with an additional bathroom. Sliding French Doors & skylights flood the space with natural light and features a kitchenette, full sized bathroom with walk in shower, and mini-split HVAC. This home is an entertainer's dream home, with a thoughtful floor plan that encourages a vibrant indoor-outdoor lifestyle in an 'A+' LA location.

Last Agent to Sell the Property

Lu Gordon

Coldwell Banker Realty License #01113951 Listed on: 12/03/2020

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,086

Year Built

  • Built in 1925

Lot Details

  • 5,199 Sq Ft Lot
  • East Facing Home
  • Wood Fence

Parking

  • 1 Car Garage
  • Parking Available
  • Gravel Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,647 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Wood Flooring
  • Laundry Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Separate Shower

Home Security

  • Alarm System
  • Fire and Smoke Detector

Outdoor Features

  • Wood patio
  • Rain Gutters
  • Front Porch

Additional Features

  • Detached Guest House
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 557
  • Assessor Parcel Number 5526027006

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,086

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: Not Applicable
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5526027006
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1647.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting, Stone Counters
  • Stories: 1
  • Entry Location: Ground floor with steps
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1183.97
  • Room Type: Guest/Maid's Quarters, Kitchen, Laundry, Living Room, Main Floor Master Bedroom, Master Suite, Office, Walk-In Closet
  • Bathroom Features: Jetted Tub, Separate Tub And Shower, Shower In Tub, Stone Counters
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Other Structures: Guest House Detached
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Front Porch, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Gravel
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5199.00
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5199.0000 Square Feet

Tax Info

  • Tax Lot: 557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 12, 2021
Sold by
Gordon Mark
Bought by
Korshak Stuart R and Korshak Louise H
Seller's Agent
Lu Gordon
Coldwell Banker Realty
List Price
$1,850,000
Sold Price
$1,950,000
Premium/Discount to List
$100,000
5.41%
Current Estimated Value
$2,228,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,776
Avg. Annual Appreciation
2.58%
Original Mortgage
$1,560,000
Outstanding Balance
$1,390,723
Interest Rate
2.38%
Mortgage Type
New Conventional
Estimated Equity
$795,216

Purchase Details

Closed on
Nov 7, 2014
Sold by
Laufman Jessica L
Bought by
Gordon Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 30, 2013
Closed on
Jul 3, 2013
Sold by
Lee Joy Heuyul
Bought by
Gordon Mark and Laufman Jessica L
Seller's Agent
Amine Aghzafi
Douglas Elliman of California, Inc.
Buyer's Agent
Lu Gordon
List Price
$1,150,000
Sold Price
$1,155,000
Premium/Discount to List
$5,000
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%
Original Mortgage
$924,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 6, 2005
Sold by
Amsler Daniel P
Bought by
Lee Joy Heuyul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,300
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Sved Samuel
Bought by
Amsler Daniel P and Horning Judith E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 1999
Sold by
Sved Samuel
Bought by
Sved Sara and Sara Sved Trust

Purchase Details

Closed on
May 2, 1999
Sold by
Sved Sara Tr
Bought by
Sved Sara and Sara Sved Trust

Purchase Details

Closed on
Mar 17, 1995
Sold by
Sved Sara
Bought by
Sved Samuel and Sved Joanne
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
Korshak Stuart R $1,950,000 Lawyers Title Co
Gordon Mark -- Lawyers Title Company
Gordon Mark $1,155,000 Equity Title Company
Lee Joy Heuyul $969,000 Alliance Title
Amsler Daniel P $699,000 Alliance Title Company
Sved Sara -- Fidelity Title
Sved Sara -- Fidelity Title
Sved Samuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korshak Stuart R $1,560,000
Previous Owner Gordon Mark $190,000
Previous Owner Gordon Mark $910,000
Previous Owner Gordon Mark $924,000
Previous Owner Lee Joy $250,000
Previous Owner Lee Joy Heuyul $678,300
Previous Owner Amsler Daniel P $559,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $1,950,000 -1.5% $1,184 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/09/2021 01/09/21 Price Changed $1,980,000 -2.2% $1,202 / Sq Ft
12/29/2020 12/29/20 Price Changed $2,025,000 +9.5% $1,230 / Sq Ft
12/03/2020 12/03/20 For Sale $1,850,000 +60.2% $1,123 / Sq Ft
07/26/2013 07/26/13 Sold $1,155,000 +0.4% $701 / Sq Ft
05/30/2013 05/30/13 For Sale $1,150,000 -- $698 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $25,086 $2,110,741 $1,688,593 $422,148
2024 $25,086 $2,069,355 $1,655,484 $413,871
2023 $24,597 $2,028,780 $1,623,024 $405,756
2022 $25,395 $1,989,000 $1,591,200 $397,800
2021 $15,621 $1,308,039 $1,046,433 $261,606
2020 $15,784 $1,294,628 $1,035,704 $258,924
2019 $15,152 $1,269,245 $1,015,397 $253,848
2018 $15,084 $1,244,359 $995,488 $248,871
2016 $14,434 $1,196,041 $956,833 $239,208
2015 $14,222 $1,178,076 $942,461 $235,615
2014 $14,267 $1,155,000 $924,000 $231,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lu Gordon

    Coldwell Banker Realty

    Section Image

  • A

    Seller's Agent in 2013

    Amine Aghzafi

    Douglas Elliman of California, Inc.

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-2450

Pasadena-Foothills Association of REALTORS®

APN: 5526-027-006

California Los Angeles County Los Angeles 90036 Melrose

525 N Sierra Bonita Ave, Los Angeles, CA

This home is located at 525 N Sierra Bonita Ave, Los Angeles, CA 90036 since 03 December 2020 and is currently estimated at $2,185,939, approximately $1,327 per square foot. This property was built in 1925. 525 N Sierra Bonita Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Yeshiva Rav Isacsohn / Torath Em.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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