NOT LISTED FOR SALE

966 Maltman Ave Los Angeles, CA 90026

Estimated Value: $1,641,918 - $1,878,000

2 Beds
1.5 Baths
1,762 Sq Ft
$1,006/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $1,550,000 $880 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,844/month

16 Days on Market

Highlights

  • City Lights View
  • Traditional Architecture
  • 2 Fireplaces
  • John Marshall Senior High Rated A
  • Wood Flooring
  • No HOA

About This Home

As of August 2023

OFFER DEADLINE Wednesday August 2nd at 8pm. Please refer to OFFER GUIDELINES under Agent Remarks. Built in 1940, this uncompromised traditional home retains its architectural integrity. Situated on a quiet street, only a stone's throw from some of the best restaurants and shops on Sunset, in the heart of prime Silver Lake. Upon entering the home, you are presented with a limestone entry/stairwell with the original decorative stair railing. To the right you will find a formal living area with original wood flooring, brick fireplace and an abundance of natural light. This light carries on throughout the home with views from every window. Also on the first floor of the home is a separate dining area with a view of the Hollywood Sign and the hills. Through a swinging door off the kitchen, is a cozy wood paneled study with yet another brick fireplace, a wet bar with powder room and a side door leading to the backyard. On the upper floor there are two bedrooms with hardwood flooring that share a period tiled bathroom and a vintage vanity dressing area off the primary bedroom. Opportunity abounds in the expansive backyard, where you will find mature trees with room for a pool and for the creation of multiple entertaining areas. The property is zoned LAR2 and is ideal for a possible guest house or ADU. There is ample parking with an attached two-car garage & driveway with 2 parking pads. This property presents an excellent opportunity for those seeking to invest in their future and create a bespoke retreat in one of Los Angeles' most desirable neighborhoods. Nearby surrounding neighborhoods: Echo Park, Los Feliz, Hollywood and DTLA. Neighborhood recreation is right around the corner at Bellevue Park where you will find a running track, playground, dog park, baseball field and basketball court.

Last Agent to Sell the Property

Lissa Lebel

Sotheby's International Realty License #02032063 Listed on: 07/24/2023

Sotheby's International Realty

Last Buyer's Agent

Molly Kelley

Compass License #02131639

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,799

Year Built

  • Built in 1940

Lot Details

  • 5,840 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • Back and Front Yard
  • Property is zoned LARD2

Property Views

  • City Lights
  • Woods
  • Hills

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,762 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Crown Molding
  • Paneling
  • 2 Fireplaces
  • Decorative Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Powder Room
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Public Parking
  • Side by Side Parking
  • Driveway

Outdoor Features

  • Balcony
  • Slab Porch or Patio

Utilities

  • Gravity Heating System
  • Overhead Utilities
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5427-022-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,799

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1762
  • Lot Acreage: 0.1341
  • Stories: 2
  • Year Built: 1940
  • Number Of Photos: 55
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Crown Moldings, Paneled Walls, Wet Bar
  • Fireplace Rooms: Decorative
  • Flooring: Wood, Tile
  • Appliances: Oven-Gas, Free Standing Gas
  • Bedrooms: 2
  • Fireplaces: 2
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Dressing Area, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Stall, Shower and Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: In Kitchen, Formal Dining Rm
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Washer, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 737.80

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Foundation Details: Raised
  • Fence: Wood, Chain Link
  • Patio: Concrete Slab
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City, Hills, City Lights, Trees/Woods
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Attached, Driveway - Concrete, Garage - 2 Car, Side By Side, Public
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Heating: Gravity
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5427-022-002
  • Lot Description: Back Yard, Curbs, Front Yard, Sidewalks, Street Lighting, Utilities - Overhead, Yard, Walk Street
  • Lot Size Area: 5840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 16, 2023
Sold by
Naleway Dean S and Naleway Shannon
Bought by
Kelly Charles and Gomez Jean Paul
Seller's Agent
Lissa Lebel
Sotheby's International Realty
Buyer's Agent
Molly Kelley
Compass
List Price
$1,300,000
Sold Price
$1,550,000
Premium/Discount to List
$250,000
19.23%
Views
430
Current Estimated Value
$1,772,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,480
Avg. Annual Appreciation
6.41%
Original Mortgage
$1,240,000
Outstanding Balance
$1,210,365
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$562,115

Purchase Details

Closed on
Sep 28, 1998
Sold by
Flynn Albert M
Bought by
Naleway Dean S and Clark Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.61%

Purchase Details

Closed on
Feb 7, 1996
Sold by
Cano Philip U
Bought by
Flynn Ii Albert M and Flynn Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Kelly Charles $1,550,000 Fidelity National Title
Naleway Dean S $292,000 Southland Title Corporation
Flynn Ii Albert M $125,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Charles $1,240,000
Previous Owner Naleway Dean S $227,150
Previous Owner Flynn Ii Albert M $90,000
Closed Naleway Dean S $35,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $1,550,000 +19.2% $880 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $1,300,000 -- $738 / 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
2025 $18,799 $1,581,000 $1,264,800 $316,200
2024 $18,799 $1,550,000 $1,240,000 $310,000
2023 $5,565 $439,974 $361,631 $78,343
2022 $5,309 $431,348 $354,541 $76,807
2021 $5,239 $422,891 $347,590 $75,301
2019 $5,084 $410,349 $337,281 $73,068
2018 $5,043 $402,304 $330,668 $71,636
2016 $4,810 $386,684 $317,829 $68,855
2015 $4,742 $380,876 $313,055 $67,821
2014 $4,763 $373,416 $306,923 $66,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-293559

The MLS

APN: 5427-022-002