NOT LISTED FOR SALE

7854 Ledge Ave Sun Valley, CA 91352

Sun Valley Neighborhood

Estimated Value: $766,000 - $1,031,000

2 Beds
1 Bath
840 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold May 17, 2017

Last sale price $360,000 $429 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,144/month

11 Days on Market

Highlights

  • Above Ground Spa
  • RV Access or Parking
  • Deck
  • Verdugo Hills Senior High School Rated A-
  • Mountain View
  • No HOA

About This Home

As of May 2017

DRASTICALLY REDUCED,ALMOST $40K,Serious Seller, here comes multiple offers. Quaint 2 Br 1 Bath home,Central A/C & HEAT,GREAT LAST VALUE IN L..A. THIS HIDDEN SECRET BOASTS A USED BRICK FRONT, RELAX ON UR GENEROUS PORCH, OPEN YOUR FRONT WOOD GLASS DOOR into your living room with one wood paneled wall. LARGE DEN HAS WALLS OF GLASS WINDOWS. This home has a large MASTER BDRM WITH TWO WALLS WITH WINDOWS,AMPLE ROOM FOR A KING SIZE BED. The living room, Den, larger master and 2nd bedroom all have ceiling fans. Most interior entry's have crown molding. All windows replaced with energy efficient windows. The long entertaining kitchen has tile counter tops, with small breakfast area. The owner loves memorabilia, so need to look past the valuable collection. The backyard has a raised spa and a double deck summer patio, which views the beautiful mountains. This home has charm. It needs updating, so it is a great investment as there is other homes in the area that have been upgraded. The home next door is a similar, floor plan and was added on with an extra bath and bedroom. Great for a Car, Camping or Fishing Person. Backyard has Multi-auto, Trailer/RV,Race Car, etc. space. Enclosed Dbl car garage with two openings. RV parking. 3 car driveway, with another RV/Boat Parking driveway. This special happy home is unique & rare, owned by a Race-car driver, mechanic. A quiet neighborhood, views mountains. Home has a avocado tree that bears avocados, even a flowering rose bush.

Last Agent to Sell the Property

Robin Nostrant

No Firm Affiliation License #00834029 Listed on: 04/12/2017

No Firm Affiliation

Last Buyer's Agent

Steve Hovakimyan

City Center Realty Group License #01363908

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,541 Sq Ft Lot
  • West Facing Home
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 5 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Rear-Facing Garage
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Property Views

  • Mountain
  • Hills

Home Design

  • Ranch Style House
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 840 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Insulated Windows
  • Living Room
  • Den
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Ceramic Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Above Ground Spa
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rooftop Access
  • Shed

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Phone Available
  • TV Antenna

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 4866
  • Assessor Parcel Number 2405002016

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2405002016
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 840.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters, Storage, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 428.57
  • Room Type: All Bedrooms Down, Den, Kitchen, Laundry, Living Room, Master Bathroom, Walk-In Closet
  • Spa Features: Above Ground
  • Window Features: Insulated Windows
  • Bathroom Features: Linen Closet/Storage
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Other Structures: Shed(s)
  • Exterior Features: Awning(s), Lighting, TV Antenna
  • View: Hills, Mountain(s)
  • Patio And Porch Features: Covered, Deck, Patio Open, Front Porch, Rear Porch, Roof Top
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Uncovered, Driveway, Concrete, Garage, Garage Faces Front, Garage Faces Rear, Private, RV Access/Parking, Off Street
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Phone Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Ranch
  • Lot Size Sq Ft: 5541.00

Multi Family

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

Tax Info

  • Tax Lot: 23
  • Tax Tract Number: 4866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2023
Sold by
Vardapetyan Trust
Bought by
7854 Ledge Llc
Current Estimated Value
$863,000

Purchase Details

Closed on
Aug 30, 2022
Sold by
Vardapetyan Levon and Vardapetyan Vardui
Bought by
Vardapetyan Trust and Vardapetyan

Purchase Details

Listed on
Apr 12, 2017
Closed on
May 3, 2017
Sold by
Watson Charles Roy
Bought by
Vardapetyan Levon
Seller's Agent
Robin Nostrant
No Firm Affiliation
Buyer's Agent
Steve Hovakimyan
City Center Realty Group
List Price
$418,000
Sold Price
$360,000
Premium/Discount to List
-$58,000
-13.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$320,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7854 Ledge Llc -- None Listed On Document
Vardapetyan Trust -- None Listed On Document
Vardapetyan Levon -- None Listed On Document
Vardapetyan Levon $360,000 Lawyers Title
Vardapetyan Levon -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vardapetyan Levon $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2017 05/17/17 Sold $360,000 -13.9% $429 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $418,000 -- $498 / 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 $7,569 $622,279 $334,245 $288,034
2024 $7,569 $610,079 $327,692 $282,387
2023 $7,423 $598,117 $321,267 $276,850
2022 $7,079 $586,390 $314,968 $271,422
2021 $6,994 $574,893 $308,793 $266,100
2019 $6,786 $557,843 $299,635 $258,208
2018 $4,520 $367,200 $293,760 $73,440
2016 $574 $45,731 $24,625 $21,106
2015 $566 $45,045 $24,256 $20,789
2014 $576 $44,163 $23,781 $20,382
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Robin Nostrant

    No Firm Affiliation

    Section Image
  • Steve Hovakimyan

    Buyer's Agent in 2017

    Steve Hovakimyan

    City Center Realty Group

    (818) 209-0922

    4 in this area

    35 Total Sales

    Steve Hovakimyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17078139

California Regional Multiple Listing Service (CRMLS)

APN: 2405-002-016

California Los Angeles County Los Angeles 91352 Sun Valley

7854 Ledge Ave, Los Angeles, CA

Not Listed for Sale

Detached

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