NOT LISTED FOR SALE
-- Bed
-- Bath
6,500 Sq Ft
1.41 Acres

About This Home

This home is located at 953 Magnolia Ave, Los Angeles, CA 90006. 953 Magnolia Ave is a home located in Los Angeles County with nearby schools including Hoover Street Elementary School, Berendo Middle, and Belmont High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2002
Sold by
Meruelo Alex and Alex Meruelo Living Trust
Bought by
955 Magnolia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 14, 1998
Sold by
Meruelo Alex
Bought by
Meruelo Liset

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 7, 1998
Sold by
Clark Delos C Tr Clark Trust
Bought by
Meruelo Liset and Meruelo Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.71%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
955 Magnolia Llc -- First American Title Co
Meruelo Liset -- North American Title Co
Meruelo Liset $25,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 955 Magnolia Llc $7,450,000
Closed 955 Magnolia Llc $2,400,000
Closed 955 Magnolia Llc $2,000,000
Previous Owner Meruelo Liset $20,000
Source: Public Records

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 $3,803 $295,435 $293,999 $1,436
2024 $3,803 $289,643 $288,235 $1,408
2023 $3,738 $283,965 $282,584 $1,381
2022 $3,577 $278,398 $277,044 $1,354
2021 $3,537 $272,940 $271,612 $1,328
2019 $3,439 $264,846 $263,556 $1,290
2018 $3,316 $259,654 $258,389 $1,265
2016 $3,185 $249,573 $248,356 $1,217
2015 $3,141 $245,825 $244,626 $1,199
2014 $3,160 $241,011 $239,835 $1,176
Source: Public Records

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