$1,085,000
SOLD NOV 28, 2023
3 Beds
2 Baths
1,345 Sq Ft
0.39 Acres

Recently Sold

$807 Per Sq Ft

9% Below List Price

32 Days on Market

Highlights

  • Primary Bedroom Suite
  • View of Hills
  • Lawn
  • 0.39 Acre Lot
  • Wood Flooring
  • No HOA

About This Home

As of July 2024

Discover your dream home in Lake Balboa, Los Angeles, offering unrivaled privacy and tranquility on a 0.39-acre lot. This 3-bed, 2-bath oasis features a secure, fully fenced property with an automatic gate and a level yard perfect for poolside lounging or gardening. The upgraded kitchen boasts a sub-zero fridge, multiple dishwashers, a basin sink, sleek countertops, and ample cabinet space. Entertain in the adjacent dining room or cozy kitchen nook, and enjoy outdoor gatherings under the patio. Recent upgrades include a tankless water heater and a new roof. The ideal floor plan places the primary bedroom with an en-suite bath on one side and secondary bedrooms on the opposite wing. Surround yourself with lush greenery and access the nearby lake for outdoor adventures. The large lot offers endless possibilities, including space for an ADU, a serene garden oasis, or a play area for kids and pets. Mature trees provide shade and privacy, creating an ideal spot to unwind. Located near Balboa Park, you'll have easy access to recreational facilities, jogging paths, and serene lakes. Trendy shops, restaurants, and excellent schools are just minutes away, offering a perfect blend of luxury and convenience. Shopping enthusiasts will appreciate nearby boutiques and major retail centers. Commuting is a breeze with convenient access to highways and public transportation. Don't miss the opportunity to make this upgraded home yours and experience the best of Lake Balboa living your paradise awaits!

Last Agent to Sell the Property

Jessica Foote

Native Real Estate, Inc. License #01861694 Listed on: 08/28/2023

Co-Listed By

Reanne Mosley

Native License #02102511

Last Buyer's Agent

Mirna Cruz

Pinnacle Estate Properties, Inc. License #01328677

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,452

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 100x170
  • Fenced
  • Landscaped
  • Lawn
  • Property is zoned LARA

Home Design

  • Raised Foundation
  • Plaster Walls
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,345 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Sunken Living Room
  • Dining Room
  • Views of Hills
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Double Vanity
  • <<tubWithShowerToken>>

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Covered patio or porch

Utilities

  • Heating System Uses Natural Gas
  • TV Antenna

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2229-010-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,452

Year Built

Built in 1940 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Unknown
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Discover your dream Lake Balboa home on a large 0.39-acre lot, boasting a 3-bed, 2-bath oasis with a top of the line chef's kitchen with eat in space, bar, stainless appliances, multiple dishwashers, upgraded counters, basin sink, generous cabinetry and nearby spacious dining room for large parties and daily dining. The fully gated private lot features mature trees, a lush, sprawling lawn and modern areas for al fresco dining and fenced garden. Recent upgrades include a tankless water heater and new roof. Ideal floor plan with a primary bedroom on one side and secondary bedrooms on the other. The large lot offers endless possibilities. Conveniently located near Balboa Park, lake, trendy shops, restaurants, and excellent schools. Easy commuting with highway access. Don't miss this upgraded home in Lake Balboa -- your paradise awaits!
  • Entry Location: Ground Level - no steps
  • Living Area: 1345
  • Lot Acreage: 0.3902
  • Lot Dimensions: 100x170
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 52
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Plaster Walls, Sunken Living Room
  • Flooring: Wood, Tile
  • Appliances: Microwave, Free Standing Gas
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Main Floor Bedroom, Master Suite
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile, Shower Over Tub, Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Living Room, In Kitchen
  • Kitchen Features: Remodeled
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Microwave, Dishwasher
  • Price Per S Q F T: 884.76
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • TV Svcs: TV Antennae
  • Heating: Natural Gas
  • Water: Meter on Property

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2229-010-022
  • Lot Description: Fenced, Lawn, Landscaped
  • Lot Size Area: 16997

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 25, 2024
Sold by
Gutierrez Luis
Bought by
Truong Xuan
Seller's Agent
Mirna Cruz
Pinnacle Estate Properties, Inc.
Buyer's Agent
Mirna Cruz
Pinnacle Estate Properties, Inc.
List Price
$1,300,000
Sold Price
$1,300,000
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.43%
Original Mortgage
$1,105,000
Outstanding Balance
$1,094,481
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$163,160

Purchase Details

Listed on
Aug 28, 2023
Closed on
Oct 17, 2023
Sold by
Nie Pei Huey
Bought by
Sarmiento Richard W
Seller's Agent
Jessica Foote
Native Real Estate, Inc.
Buyer's Agent
Mirna Cruz
Pinnacle Estate Properties, Inc.
List Price
$1,190,000
Sold Price
$1,085,000
Premium/Discount to List
-$105,000
-8.82%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.97%
Original Mortgage
$813,750
Interest Rate
7.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2017
Closed on
Jul 19, 2017
Sold by
Teel Oliver L
Bought by
Nie Pei Huey
Seller's Agent
David Abas
Equity Union
List Price
$697,000
Sold Price
$750,000
Premium/Discount to List
$53,000
7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$592,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2017
Closed on
Jul 7, 2017
Sold by
Price Ann
Bought by
Nie Pei Huey
Seller's Agent
David Abas
Equity Union
List Price
$697,000
Sold Price
$750,000
Premium/Discount to List
$53,000
7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 9, 2013
Closed on
Feb 22, 2013
Sold by
Wedgewood Community Fund Ii Llc
Bought by
Price Ann and Price David
Seller's Agent
Shawn Salter
No Firm Affiliation
Buyer's Agent
David Abas
Equity Union
List Price
$429,900
Sold Price
$445,000
Premium/Discount to List
$15,100
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%

Purchase Details

Closed on
Oct 2, 2012
Sold by
Mortarotti Jody
Bought by
Wedgewood Community Fund Ii Llc

Purchase Details

Closed on
Apr 4, 2006
Sold by
Mortarotti Jody and Mortara Jody
Bought by
Mortarotti Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2004
Sold by
Mortarotti Theodore R
Bought by
Mortarotti Jody

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 27, 2003
Sold by
Mortarotti Theodore Robert and Mortarotti Jody
Bought by
Mortarotti Theodore Robert

Purchase Details

Closed on
Oct 24, 2001
Sold by
Mortarotti Jody
Bought by
Mortarotti Theodore R

Purchase Details

Closed on
Aug 16, 2001
Sold by
Pullman Daniel E
Bought by
Mortarotti Theodre R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.25%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Priority Title Company
Grant Deed $1,300,000 Priority Title Company
Grant Deed $1,085,000 First American Title
Interfamily Deed Transfer -- Chicago Title
Grant Deed $750,000 Chicago Title
Grant Deed $445,000 Title 365
Trustee Deed $312,000 None Available
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $235,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,105,000 New Conventional
Previous Owner $813,750 New Conventional
Previous Owner $593,345 New Conventional
Previous Owner $594,228 New Conventional
Previous Owner $592,500 New Conventional
Previous Owner $222,500 Adjustable Rate Mortgage/ARM
Previous Owner $544,000 Purchase Money Mortgage
Previous Owner $45,000 Credit Line Revolving
Previous Owner $360,000 Purchase Money Mortgage
Previous Owner $188,000 No Value Available
Closed $47,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Rent $1,995 0.0% --
07/31/2024 07/31/24 Sold $1,300,000 0.0% $807 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $1,300,000 +19.8% $807 / Sq Ft
11/28/2023 11/28/23 Sold $1,085,000 -8.8% $807 / Sq Ft
10/06/2023 10/06/23 For Sale $1,190,000 0.0% $885 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/06/2023 09/06/23 Pending -- -- --
09/06/2023 09/06/23 Price Changed $1,190,000 +8.7% $885 / Sq Ft
08/28/2023 08/28/23 For Sale $1,095,000 +46.0% $814 / Sq Ft
08/10/2017 08/10/17 Sold $750,000 +7.6% $910 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $697,000 +56.6% $846 / Sq Ft
02/25/2013 02/25/13 Sold $445,000 +3.5% $540 / Sq Ft
02/12/2013 02/12/13 Pending -- -- --
02/09/2013 02/09/13 For Sale $429,900 -- $522 / 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
2024 $13,452 $1,085,000 $868,000 $217,000
2023 $9,664 $776,486 $623,377 $153,109
2022 $9,221 $761,261 $611,154 $150,107
2021 $9,113 $746,335 $599,171 $147,164
2019 $8,843 $724,200 $581,400 $142,800
2018 $8,721 $710,000 $570,000 $140,000
2016 $5,793 $468,104 $374,484 $93,620
2015 $5,710 $461,073 $368,859 $92,214
2014 $5,738 $452,042 $361,634 $90,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-297913

The MLS

APN: 2229-010-022