NOT LISTED FOR SALE

537 N Norton Ave Los Angeles, CA 90004

Larchmont Neighborhood

Estimated Value: $1,204,485 - $1,464,000

2 Beds
1 Bath
1,180 Sq Ft
$1,154/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $1,100,000 $932 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,246/month

36 Days on Market

Highlights

  • Spanish Architecture
  • Lawn
  • Formal Dining Room
  • Ground Level Unit
  • No HOA
  • Laundry Room

About This Home

As of August 2023

First time on the market in almost 35 years! This classic Larchmont Village adjacent 1923 California Spanish Bungalow is ready for the next owner to create new memories. A welcoming gated front porch greets you as you enter the home. Anchored by a classic Batchelder tiled fireplace, the barrel ceiling great room offers a chance to relax and harken back to the simpler times of a pre digital world. A grand formal dining room w/ new globe fixture can also function as a home office or den. The 2 bedrooms overlook the private rear yard with specimen fig & citrus trees. Updated granite kitchen & main bathroom w makeup area and dual sinks. Recent upgrades include new paint, lighting, grey tone flooring, dual pane windows & split system HVAC units for maximum efficiency. This vintage jewel box is ready to move in and has limitless potential for expansion. The ideal location is blocks from Larchmont Village, the Farmers Market & so much more. Conveniently located near Van Ness Elementary, major Studios, fine dining & all that Hancock Park-Wilshire & the surrounding areas offer. Priced for multiple interest and ready to move in!

Last Agent to Sell the Property

Andrew Manning

Berkshire Hathaway HomeServices California Properties License #00941825 Listed on: 06/18/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Megan Seville Marsden

Compass License #01906791

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,428

Year Built

  • Built in 1923

Lot Details

  • 4,850 Sq Ft Lot
  • Lot Dimensions are 48x100
  • Lawn
  • Property is zoned LAR3

Parking

  • Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Zoned Cooling
  • Floor Furnace
  • Property is located within a water district

Additional Features

  • Shed
  • Ground Level Unit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5522-024-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,428

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One, Ground Level
  • Street Number Display: Yes
  • Advertising Remarks: This classic Larchmont Village adj 1923 California Spanish Bungalow is ready for the next owner. A welcoming gated front porch greets you as you enter the home. Anchored by a classic Batchelder tiled fireplace, the barrel ceiling great rm offers a chance to relax & harken back to the simpler times of a pre-digital world. A grand formal dining rm w/new globe fixture can also function as a home office or den. The 2 bds overlook the private rear yard w/specimen fig & citrus trees. Updated granite kit & main bath w/makeup area & dual sinks. Recent upgrades include paint, lighting, grey tone flooring, dual pane windows & split system HVAC units. This vintage jewel box is ready to move in & has limitless potential. The ideal location is blocks from Larchmont Village & Farmer's Market & so much more. Convenient to Studios, fine dining & all the Hancock Park area has to offer.
  • Entry Location: Living Room
  • Exclusions: Any and all staging, affixed or not, is hereby excluded from this sale.
  • Living Area: 1180
  • Lot Acreage: 0.1113
  • Lot Dimensions: 48x100
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Formal Dining Rm
  • Laundry: Inside, Room
  • Total Bathrooms: 1.00
  • Equipment: Refrigerator, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1016.10

Exterior Features

  • Other Structures: Shed(s)
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Multi/Zone
  • Heating: Floor, Floor Furnace
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5522-024-016
  • Lot Description: Yard, Lawn
  • Lot Size Area: 4850

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2023
Closed on
Jul 26, 2023
Sold by
2009 Kimberly Ok Kyun Kim Trust
Bought by
Vande Griendt Ryan Phillip and Mason Alyssa C
Seller's Agent
Andrew Manning
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Megan Seville Marsden
Compass
List Price
$1,199,000
Sold Price
$1,100,000
Premium/Discount to List
-$99,000
-8.26%
Views
286
Current Estimated Value
$1,361,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,621
Avg. Annual Appreciation
10.38%
Original Mortgage
$825,000
Outstanding Balance
$806,720
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$554,901

Purchase Details

Closed on
Sep 9, 2011
Sold by
Kim Kimberly Ok Kyun and 2009 Kimberly Ok Kyun Kim Trus
Bought by
Kim Kimberly Ok Kyun and 2009 Kimberly Ok Kyun Kim Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Kim Ok Kyun
Bought by
Kim Ok Kyun and 2009 Kimberly Ok Kyun Kim 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
Vande Griendt Ryan Phillip $1,100,000 California Title Company
Kim Kimberly Ok Kyun -- Fidelity Van Nuys
Kim Ok Kyun -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vande Griendt Ryan Phillip $825,000
Previous Owner Kim Kimberly Ok Kyun $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $1,100,000 -8.3% $932 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $1,199,000 -- $1,016 / 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 $13,428 $1,122,000 $897,600 $224,400
2024 $13,428 $1,100,000 $880,000 $220,000
2023 $4,816 $389,006 $371,341 $17,665
2022 $4,598 $381,379 $364,060 $17,319
2021 $4,534 $373,902 $356,922 $16,980
2019 $4,399 $362,814 $346,337 $16,477
2018 $4,361 $355,701 $339,547 $16,154
2016 $4,164 $341,891 $326,363 $15,528
2015 $4,103 $336,756 $321,461 $15,295
2014 $4,123 $330,161 $315,165 $14,996
Source: Public Records

Agents Affiliated with this Home

  • Andrew Manning

    Seller's Agent in 2023

    Andrew Manning

    Berkshire Hathaway HomeServices California Properties

    (818) 380-2147

    1 in this area

    166 Total Sales

    Andrew Manning
    Section Image
  • Megan Seville Marsden

    Buyer's Agent in 2023

    Megan Seville Marsden

    Compass

    (970) 618-8734

    1 in this area

    10 Total Sales

    Megan Seville Marsden
    Section Image
  • Jennifer Shor

    Buyer Co-Listing Agent in 2023

    Jennifer Shor

    Compass

    (310) 699-9155

    1 in this area

    44 Total Sales

    Jennifer Shor
    Section Image
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Map

Source: The MLS

MLS Number: 23-280745

The MLS

APN: 5522-024-016

California Los Angeles County Los Angeles 90004 Larchmont

537 N Norton Ave, Los Angeles, CA

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