NOT LISTED FOR SALE

5818 Oliva Ave Lakewood, CA 90712

Collins Neighborhood

Estimated Value: $825,725 - $985,000

3 Beds
1 Bath
1,200 Sq Ft
$751/Sq Ft Est. Value

Last Sold March 05, 2018

Last sale price $560,000 $467 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,427/month

78 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bathtub with Shower
  • Granite Countertops
  • Cooling Available
  • Laundry Room

About This Home

As of March 2018

Beautifully remodeled home in great area with newly refinished original hardwood floors. This home has 5 new ceiling fans - living room, dining area, and 3 bedrooms. The kitchen has all newly varnished espresso kitchen cabinets, new one big porcelain sink in kitchen, newer counter tops, range and new garbage disposal and light fixtures. Spacious living room with fireplace. The adjacent laundry room includes washer/dryer hookups and tank-less water heater. The bathroom has a dip tub and newer vanity. 11 new brass knobs and a few new doors. Top quality paint in and out with no pop corn ceiling with double pane widows. Hero program installed the Cool Roof and this roof reflects the sun light to elsewhere and installed R38 insulation on 2015($24K)-Cool Roof says do not have to have central air. The 2-car detached garage with new garage door and opener. This house has 90% copper plumbing. If buyer purchase the property at $560,000, seller will pay off HERO program and there is no special assessment. If buyer wants to take over HERO program($28,000) - VA or cash only, price of home will be $532,000. Every year, buyer needs pay $2,880 for special assessment along with property tax. Good size back yard. The home is centrally located to several schools, parks, restaurants, shopping areas, and freeways.

Last Agent to Sell the Property

Jamie Yiang

2020 Realty & Investment License #00867911 Listed on: 11/14/2017

Last Buyer's Agent

Jorge Merlos

eXp Realty of California Inc License #01704119

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,142

Year Built

  • Built in 1946

Lot Details

  • 5,255 Sq Ft Lot
  • Back Yard
  • Property is zoned LKR1YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 11600
  • Assessor Parcel Number 7160019033

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,142

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LKR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7160019033
  • Year Built: 1946
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1200.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 466.67
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5255.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5700.03
  • Tax Lot: 5
  • Tax Tract Number: 11600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Chung Edward and Chung Michelle
Bought by
E3m Trust and Chung
Current Estimated Value
$901,681

Purchase Details

Listed on
Nov 14, 2017
Closed on
Feb 1, 2018
Sold by
N L Investments Inc
Bought by
Chung Edward and Chung Michelle
Seller's Agent
Jamie Yiang
2020 Realty & Investment
Buyer's Agent
Jorge Merlos
eXp Realty of California Inc
List Price
$539,900
Sold Price
$560,000
Premium/Discount to List
$20,100
3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$572,040
Interest Rate
4.04%
Mortgage Type
VA

Purchase Details

Closed on
Jul 1, 2017
Sold by
Meisenburg James
Bought by
N L Investments Inc

Purchase Details

Closed on
Jun 18, 2008
Sold by
Meisenburg James
Bought by
Meisenburg James and Meisenburg Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 1999
Sold by
Tapia Salvador C
Bought by
Meisenburg James and Meisenburg Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,890
Interest Rate
6.98%
Mortgage Type
VA

Purchase Details

Closed on
Oct 12, 1998
Sold by
Tapia Robyn
Bought by
Tapia Phillip F

Purchase Details

Closed on
Aug 1, 1998
Sold by
Tapia Phillip F
Bought by
Tapia Salvador Canuto
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
E3m Trust -- None Listed On Document
Chung Edward -- None Listed On Document
Chung Edward $560,000 Stewart Title
N L Investments Inc $429,000 Accommodation
Meisenburg James -- Lawyers Title
Meisenburg James -- Lawyers Title
Meisenburg James $169,500 Lawyers Title Company
Tapia Phillip F -- Lawyers Title Company
Tapia Salvador Canuto -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Edward $572,040
Previous Owner Meisenburg James $325,000
Previous Owner Meisenburg James $172,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2018 03/05/18 Sold $560,000 0.0% $467 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/05/2018 01/05/18 Price Changed $559,800 0.0% $467 / Sq Ft
12/11/2017 12/11/17 Price Changed $559,900 0.0% $467 / Sq Ft
11/28/2017 11/28/17 Price Changed $560,000 +3.7% $467 / Sq Ft
11/14/2017 11/14/17 For Sale $539,900 -- $450 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,142 $637,178 $509,745 $127,433
2024 $8,142 $624,685 $499,750 $124,935
2023 $6,035 $612,437 $489,951 $122,486
2022 $5,964 $600,430 $480,345 $120,085
2021 $7,500 $588,658 $470,927 $117,731
2019 $7,698 $571,200 $456,960 $114,240
2018 $5,668 $429,000 $320,000 $109,000
2016 $5,836 $224,456 $176,654 $47,802
2015 $2,798 $221,085 $174,001 $47,084
2014 $2,867 $216,755 $170,593 $46,162
Source: Public Records

Agents Affiliated with this Home

  • Jamie Yiang

    Seller's Agent in 2018

    Jamie Yiang

    2020 Realty & Investment

    (714) 313-1530

    40 Total Sales

    Jamie Yiang
    Section Image
  • Jorge Merlos

    Buyer's Agent in 2018

    Jorge Merlos

    eXp Realty of California Inc

    (323) 422-5767

    4 Total Sales

    Jorge Merlos
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17257381

California Regional Multiple Listing Service (CRMLS)

APN: 7160-019-033

California Los Angeles County Lakewood 90712 Collins

5818 Oliva Ave, Lakewood, CA

Not Listed for Sale

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