NOT LISTED FOR SALE

768 Portola Terrace Los Angeles, CA 90042

Montecito Heights Neighborhood

Estimated Value: $814,000 - $1,072,000

2 Beds
2.5 Baths
1,429 Sq Ft
$631/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $690,000 $483 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,950/month

23 Days on Market

Highlights

  • In Ground Pool
  • View of Hills
  • Fireplace
  • 5.34 Acre Lot
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of October 2020

Stylish & Impeccable corner-unit townhouse in the sought after Monterey Hills area. Welcome to 768 Portola Terrace, Los Angeles 90042, a beautifully updated and bright hilltop unit designed with large-scale entertaining in mind and amazing panoramic city light and San Gabriel mountain views. Enter a well appointed floor plan with a formal entry foyer w/ skylight, large den and spacious living room & fireplace, perfect for entertaining, a gorgeous formal dining area as well as a bath and designated in-unit laundry. Downstairs the views continue and include two master suites, each with their own en-suite full size bathrooms, offering cooler temperatures and plenty of closet space . Attached 2 car garage with built-in storage in addition to 2 guest parking spots are adjacent to unit. There are several upgrades, but possibly the best feature in this bright, airy townhouse are the numerous, oversized windows throughout - with sweeping views from almost every room. Spa like recreational amenities include a pool, spa, and large sundeck. This wonderful haven is walking distance to parks and only minutes from trendy restaurants/cafes and shops along Figueroa, Old Town Pasadena, the USC Health Sciences Campus, and the Gold Line. Ready, set, move right in.Welcome home!

Last Agent to Sell the Property

Jerry Armen

Team Rock Properties License #01269617 Listed on: 08/28/2020

Last Buyer's Agent

Jeromy Robert

THE AGENCY License #02068461

THE AGENCY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,027

Year Built

  • Built in 1979

Lot Details

  • 5.34

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,429 Sq Ft Home
  • Fireplace
  • Views of Hills

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • 1 Common Wall
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5301003125

Community Details

Overview

  • Portola Terrace Association, Phone Number (818) 981-1802
  • Not Applicable 105 Subdivision

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,027

Year Built

Built in 1979

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable-676
  • View: Yes
  • Zoning: LARD5
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5301003125
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1429.00
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 482.86
  • Spa Features: Association, In Ground

Exterior Features

  • View: Hills
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 390.00
  • Association Fee Frequency: Monthly
  • Association Name: Portola Terrace
  • Phone: 818.981.1802

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 232475.00
  • Lot Size Acres: 5.3369

Multi Family

  • Lease Considered: No
  • Lot Size Area: 232475.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Sep 15, 2020
Sold by
Roth Tanya Mariko
Bought by
Golpayegani Farzad and Ainechi Sanaz
Seller's Agent
Jerry Armen
Team Rock Properties
Buyer's Agent
Jeromy Robert
THE AGENCY
List Price
$649,000
Sold Price
$690,000
Premium/Discount to List
$41,000
6.32%
Current Estimated Value
$902,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,309
Avg. Annual Appreciation
4.99%
Original Mortgage
$621,000
Outstanding Balance
$553,593
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$323,912

Purchase Details

Listed on
Feb 16, 2019
Closed on
Mar 5, 2019
Sold by
Cryco Llc
Bought by
Roth Tanya Mariko
Seller's Agent
Hans Hagenmayer
Teamprovident, Inc.
List Price
$609,000
Sold Price
$605,000
Premium/Discount to List
-$4,000
-0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$484,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Young Winston B and Young Joanne L
Bought by
Cryco Llc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Young Joanne Lum and Young Joanne L
Bought by
Young Winston B and Young Joanne L

Purchase Details

Closed on
Apr 26, 1996
Sold by
Chuck Dorene and Doris Lum Sue Living Trust
Bought by
Lum Nancy Jun
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
Golpayegani Farzad $690,000 Fidelity National Title Co
Roth Tanya Mariko $605,000 Wfg National Title Company
Cryco Llc -- None Available
Young Winston B -- --
Lum Nancy Jun -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golpayegani Farzad $621,000
Previous Owner Roth Tanya Mariko $480,800
Previous Owner Roth Tanya Mariko $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $690,000 +6.3% $483 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $649,000 +7.3% $454 / Sq Ft
04/05/2019 04/05/19 Sold $605,000 -0.7% $423 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/16/2019 02/16/19 For Sale $609,000 0.0% $426 / Sq Ft
09/15/2016 09/15/16 Rented $2,395 0.0% --
09/12/2016 09/12/16 Under Contract -- -- --
07/21/2016 07/21/16 For Rent $2,395 +4.1% --
06/30/2015 06/30/15 Rented $2,300 0.0% --
06/30/2015 06/30/15 Under Contract -- -- --
06/30/2015 06/30/15 For Rent $2,300 -- --
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 $9,027 $746,875 $557,776 $189,099
2024 $9,027 $732,232 $546,840 $185,392
2023 $8,852 $717,875 $536,118 $181,757
2022 $8,439 $703,800 $525,606 $178,194
2021 $8,334 $690,000 $515,300 $174,700
2020 $7,628 $617,100 $439,008 $178,092
2019 $4,668 $214,693 $71,560 $143,133
2018 $2,691 $210,484 $70,157 $140,327
2016 $2,559 $202,313 $67,434 $134,879
2015 $2,523 $199,275 $66,422 $132,853
2014 $2,539 $195,372 $65,121 $130,251
Source: Public Records

Agents Affiliated with this Home

  • Jerry Armen

    Seller's Agent in 2020

    Jerry Armen

    Team Rock Properties

    (818) 241-1100

    1 in this area

    184 Total Sales

    Jerry Armen
    Section Image

  • J

    Buyer's Agent in 2020

    Jeromy Robert

    THE AGENCY

    Section Image
  • Hans Hagenmayer

    Seller's Agent in 2019

    Hans Hagenmayer

    Teamprovident, Inc.

    (626) 576-7660

    58 in this area

    89 Total Sales

    Hans Hagenmayer
    Section Image

  • A

    Buyer's Agent in 2015

    Anna Lee

    New Star Realty & Investment

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320003043

California Regional Multiple Listing Service (CRMLS)

APN: 5301-003-125

California Los Angeles County Los Angeles 90042 Montecito Heights

768 Portola Terrace, Los Angeles, CA

This home is located at 768 Portola Terrace, Los Angeles, CA 90042 since 28 August 2020 and is currently estimated at $902,309, approximately $631 per square foot. This property was built in 1979. 768 Portola Terrace is a home located in Los Angeles County with nearby schools including Bushnell Way Elementary School, Luther Burbank Middle School, and Benjamin Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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