$1,600,000
SOLD NOV 5, 2024
6 Beds
5 Baths
2,923 Sq Ft
0.72 Acres

Recently Sold

$547 Per Sq Ft

16% Below List Price

6 Days on Market

Highlights

  • Detached Guest House
  • 0.72 Acre Lot
  • Living Room with Fireplace
  • Pool House
  • Colonial Architecture
  • Wood Flooring

About This Home

As of November 2024

ATTN Investors and Developers! Rare opportunity for an EXTRA large property with tons of potential! This expansive home offers a sprawling 31,524 square foot lot and a large 4 bedroom pool home. The main residence features 4 bedrooms and 4 bathrooms, along with spacious living room, den, and formal dining room. There is also a gigantic basement that can be used for additional space or storage and offers a unique passage under the home which connects at two sides for versatile access and usage. Step outside to discover a backyard oasis complete with a shimmering pool, perfect for enjoying the California sunshine. The property also includes a pool house with an extra bathroom, ideal for hosting visitors. The vast lot size presents an extraordinary opportunity for development, with ample space to build out or modify the existing layout. Conveniently located in Lake Balboa, this home offers easy access to shopping, dining, entertainment, and major transportation routes. Whether you're seeking the ultimate private residential compound or an investment opportunity, 6845 Louise Ave promises the perfect blend of versatility and potential!

Last Agent to Sell the Property

Jonathan Lichterman

Rodeo Realty License #01216058 Listed on: 08/19/2024

Rodeo Realty

Co-Listed By

Marcia Starr

Rodeo Realty License #02043210

Last Buyer's Agent

Samuel Danielyan

JohnHart Real Estate License #02155033

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,302

Year Built

  • Built in 1942

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 112x191
  • Gated Home
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Auto Driveway Gate
  • Driveway
  • Guest Parking

Home Design

  • Colonial Architecture
  • Split Level Home

Interior Spaces

  • 2,923 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • Pool Views
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Pool

  • Pool House
  • In Ground Pool

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2229-037-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,302

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Southern Colonial
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2923
  • Lot Acreage: 0.7237
  • Lot Dimensions: 112x191
  • Stories: 2
  • Year Built: 1942
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 6
  • Full Bathroom: 5
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Price Per S Q F T: 622.31

Exterior Features

  • Other Structures: Pool House
  • Guest House: Detached
  • Pool Description: In Ground, Private
  • Pool: Yes
  • Spa Yn: No
  • View: Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Driveway - Pavers, Driveway Gate, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2229-037-037
  • Lot Size Area: 31524

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Oct 21, 2024
Sold by
Lucy Lopez Revocable Living Trust and Lopez Lucy
Bought by
Hakopyan Ognes John
Seller's Agent
Jonathan Lichterman
Rodeo Realty
Buyer's Agent
Samuel Danielyan
JohnHart Real Estate
List Price
$1,900,000
Sold Price
$1,600,000
Premium/Discount to List
-$300,000
-15.79%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.03%
Original Mortgage
$1,280,000
Outstanding Balance
$1,269,800
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$495,215

Purchase Details

Listed on
Aug 19, 2024
Closed on
Oct 17, 2024
Sold by
Hakopyan Mariam Masha
Bought by
Hakopyan Ognes John
Seller's Agent
Jonathan Lichterman
Rodeo Realty
Buyer's Agent
Samuel Danielyan
JohnHart Real Estate
List Price
$1,900,000
Sold Price
$1,600,000
Premium/Discount to List
-$300,000
-15.79%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,280,000
Outstanding Balance
$1,269,800
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$495,215

Purchase Details

Closed on
Feb 16, 2024
Sold by
Lucy Lopez Revocable Living Trust
Bought by
Lucy Lopez Revocable Living Trust and Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.66%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 5, 2015
Sold by
Lopez Lucy
Bought by
Lucy Lopez Revocable Living Trust

Purchase Details

Closed on
Dec 18, 2003
Sold by
Lopez Higinio Alejandro
Bought by
Lopez Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2003
Sold by
Nau James J and The James J & Jeanne Nau Revoc
Bought by
Lopez Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Grant Deed $1,600,000 Chicago Title Company
Grant Deed -- Chicago Title Company
Grant Deed -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Co
Grant Deed $800,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,280,000 New Conventional
Previous Owner $600,000 Balloon
Previous Owner $460,000 Unknown
Previous Owner $446,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $1,800,000 +12.5% $616 / Sq Ft
11/05/2024 11/05/24 Sold $1,600,000 -12.0% $547 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
10/04/2024 10/04/24 Price Changed $1,819,000 -0.3% $622 / Sq Ft
10/01/2024 10/01/24 Price Changed $1,825,000 -3.9% $624 / Sq Ft
09/29/2024 09/29/24 For Sale $1,900,000 +3.5% $650 / Sq Ft
09/27/2024 09/27/24 Price Changed $1,835,000 -0.2% $628 / Sq Ft
09/23/2024 09/23/24 Price Changed $1,839,000 -0.3% $629 / Sq Ft
09/17/2024 09/17/24 Price Changed $1,845,000 -0.2% $631 / Sq Ft
09/13/2024 09/13/24 Price Changed $1,849,000 -2.4% $633 / Sq Ft
09/06/2024 09/06/24 Price Changed $1,895,000 -- $648 / 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 $14,302 $1,115,117 $892,099 $223,018
2023 $14,037 $1,093,253 $874,607 $218,646
2022 $13,412 $1,071,817 $857,458 $214,359
2021 $13,246 $1,050,802 $840,646 $210,156
2019 $12,459 $985,000 $799,300 $185,700
2018 $11,283 $907,000 $736,000 $171,000
2016 $9,922 $800,000 $649,600 $150,400
2015 $8,696 $697,000 $566,000 $131,000
2014 $8,904 $697,000 $566,000 $131,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-428050

The MLS

APN: 2229-037-037