NOT LISTED FOR SALE

723 N Occidental Blvd Los Angeles, CA 90026

Estimated Value: $1,387,000 - $1,935,161

3 Beds
2 Baths
2,520 Sq Ft
$654/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $865,000 $343 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $10,468/month

30 Days on Market

Highlights

  • Traditional Architecture
  • Covered patio or porch
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Side by Side Parking
  • Laundry Room

About This Home

As of October 2022

Rare opportunity in a prime Silver Lake location offering stunning views! Same owner for 60+ years! This lot of nearly 6,400 sf currently has a 3 bedroom, 2 bathroom home built in 1920 with 2,520 square feet. Great opportunity to fix and save or take advantage of the multiple unit zoning! (RD1.5). The adjacent property at 717 N Occidental Blvd is also available and both can be sold together to put possibly 8 units total. Take advantage of the small lot development ordinance with double the lot size. Also take advantage of SB9 & 10 and possibly put multiple ADU’s. Buyer to verify ALL information with the City of LA regarding what can be done. Excellent location near trendy shopping, dining, the Silver Lake farmer’s market, and Echo Park Lakeside Park. Nearby access to Sunset Blvd and the 101, 110, and 5 freeways. Please do not disturb occupants. Exterior drive by only. House is run down and not financeable.

Last Agent to Sell the Property

Stephanie Vitacco

Equity Union License #00985615 Listed on: 06/23/2022

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,378

Year Built

  • Built in 1920

Lot Details

  • 6,392 Sq Ft Lot
  • Desert faces the front of the property
  • Wrought Iron Fence
  • Chain Link Fence
  • Landscaped
  • Property is zoned LARD1.5

Parking

  • 4 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Flat Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Micheltorena Elementary School
  • Virgil Middle School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 13
  • Assessor Parcel Number 5401027006

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,378

Year Built

Built in 1920

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5401027006
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2520.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 343.25
  • Room Type: Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, Garage - Two Door, Side by Side
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Schools

  • School District: Los Angeles Unified
  • Elementary School: Micheltorena
  • Middle School: Virgil
  • Elementary School: Micheltorena
  • Middle Or Junior School: Virgil
  • Elementary School #2: MICHEL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Desert Front, Landscaped
  • Lot Size Sq Ft: 6392.00
  • Lot Size Acres: 0.1467

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6392.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1958.04
  • Tax Lot: 18
  • Tax Tract Number: 00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2023
Sold by
3934 Gibraltar Llc and 366 S Loma Drive Llc
Bought by
Huybens Eric Boadella and Taylor Deborah
Current Estimated Value
$1,648,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$687,372
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$881,870

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 26, 2022
Sold by
Donald L Kohles Trust
Bought by
3934 Gibraltar Llc
Seller's Agent
Stephanie Vitacco
Equity Union
List Price
$1,250,000
Sold Price
$865,000
Premium/Discount to List
-$385,000
-30.8%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.89%

Purchase Details

Closed on
Feb 25, 2000
Sold by
Kohles Donald L
Bought by
Kohles Donald L and Donald L Kohles Trust

Purchase Details

Closed on
Dec 16, 1998
Sold by
Kohles Donald
Bought by
Kohles Donald

Purchase Details

Closed on
Dec 15, 1998
Sold by
Kohles Donald
Bought by
Kohles Donald and Miyashiro Darlene

Purchase Details

Closed on
Dec 5, 1997
Sold by
Kohles Donald
Bought by
Kohles Donald and Miyashiro Darlene

Purchase Details

Closed on
Oct 28, 1993
Sold by
Kohles Evelyn I
Bought by
Kohles Evelyn I and Kohles Donald

Purchase Details

Closed on
Oct 9, 1993
Sold by
Kohles Mathew A
Bought by
Kohles Evelyn I
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
Huybens Eric Boadella $1,330,000 Lawyers Title
3934 Gibraltar Llc $865,000 Lawyers Title
Kohles Donald L -- --
Kohles Donald -- --
Kohles Donald -- --
Kohles Donald -- --
Kohles Donald -- --
Kohles Evelyn I -- --
Kohles Evelyn I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huybens Eric Boadella $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $865,000 -30.8% $343 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $1,250,000 -- $496 / 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
2024 $16,378 $1,330,000 $1,065,000 $265,000
2023 $10,797 $865,000 $765,000 $100,000
2022 $1,236 $70,396 $25,607 $44,789
2021 $1,207 $69,016 $25,105 $43,911
2019 $1,179 $66,970 $24,361 $42,609
2018 $1,065 $65,658 $23,884 $41,774
2016 $991 $63,109 $22,957 $40,152
2015 $979 $62,162 $22,613 $39,549
2014 $993 $60,946 $22,171 $38,775
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22136026

California Regional Multiple Listing Service (CRMLS)

APN: 5401-027-006