NOT LISTED FOR SALE

Estimated Value: $1,350,000 - $1,658,000

3 Beds
2 Baths
1,619 Sq Ft
$910/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $1,275,000 $788 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,745/month

73 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Covered patio or porch
  • Senior Community
  • No HOA
  • Cooling Available

About This Home

As of February 2024

Welcome to an investor's paradise nestled just off Coldwater Canyon in Sherman Oaks. This captivating 3-bedroom, 2-bathroom home, built in 1949, beckons savvy investors seeking a golden opportunity or home buyers looking for a highly desirable neighborhood. Boasting 1,619 square feet of living space on a generous 6,503 square foot lot, this property is an embodiment of timeless charm and modern potential.Convenience meets comfort as this gem is strategically located near the 101 freeway and a plethora of stores, including the renowned Whole Foods. The allure doesn't stop there; imagine the ease of access to Ventura Blvd, enhancing the coveted lifestyle that Sherman Oaks promises.As you step inside, bask in the seamless flow of spacious living areas, drenched in natural light, creating an open and inviting ambiance. The true piece de resistance is the transformation of the garage into a bonus room with its own bathroom. This versatile space can be your canvas, whether you opt for rental income, a home office, or an inviting guest suite.The outdoor space is a haven of possibilities, featuring a pool and hot tub for relaxation. Venture into the backyard, a blank canvas awaiting your creative touch. Dream of a lush garden oasis, or even a poolside retreat--the potential is boundless. Picture yourself creating a masterpiece in this sought-after Sherman Oaks neighborhood. The investment potential is not just in the property but in the lifestyle it offers. Your vision coupled with the property's unique features can elevate this residence into a true sanctuary.In a market where potential meets opportunity, this property is your canvas to craft the investment or dream home you've been waiting for. Seize the chance to make 12926 Addison Street your address, and let this Sherman Oaks gem be the backdrop to your success and fulfillment.

Last Listed By

Donny Hillier

Berkshire Hathaway Home Servic License #02127163 Listed on: 11/21/2023

Berkshire Hathaway Home Servic

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,441

Year Built

  • Built in 1949

Lot Details

  • 6,503 Sq Ft Lot
  • Wood Fence
  • No Sprinklers

Interior Spaces

  • 1,619 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Parking Available
  • Driveway
  • On-Street Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Covered patio or porch
  • Suburban Location

Community Details

  • Senior Community
  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 124700
  • Assessor Parcel Number 2358022011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,441

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2358022011
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1619.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 741.20
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Wood
  • Pool Features: In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Street

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6503.00
  • Lot Size Acres: 0.1493

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6503.0000 Square Feet

Tax Info

  • Tax Lot: 42
  • Tax Tract: 1337
  • Tax Tract Number: 124700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Dec 27, 2023
Sold by
Gamboa Estevez Family Trust
Bought by
Moaddab Behzad and Golshan Negar
Seller's Agent
Donny Hillier
Berkshire Hathaway Home Servic
Buyer's Agent
Bella Hart
Bella Realty Group-Los Angeles
List Price
$1,200,000
Sold Price
$1,275,000
Premium/Discount to List
$75,000
6.25%
Total Days on Market
73
Views
2493
Current Estimated Value
$1,473,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,416
Avg. Annual Appreciation
12.81%
Original Mortgage
$956,250
Outstanding Balance
$943,057
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$530,360

Purchase Details

Closed on
Apr 25, 2019
Sold by
Estevez Patron Jorge Antonio Gamboa and Estevez Gonzalez Maria Del Mar
Bought by
The Gamboa Estevez Family Trust

Purchase Details

Closed on
Dec 22, 2004
Sold by
Gamboa Jorge
Bought by
Gamboa Jorge and Estevez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Patron Jorge Gamboa
Bought by
Patron Jorge Gamboa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.03%

Purchase Details

Closed on
Jun 18, 2002
Sold by
Estevez Maria
Bought by
Gamboa Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
6.74%

Purchase Details

Closed on
Jan 27, 2000
Sold by
Burdick Maralee L
Bought by
Gamboa Jorge and Estevez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,625
Interest Rate
8.16%

Purchase Details

Closed on
Apr 23, 1999
Sold by
Knowlen Ronald
Bought by
Knowlen Maralee L

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
Moaddab Behzad $1,275,000 California Title Company
The Gamboa Estevez Family Trust -- None Available
Gamboa Patron Jorge Antonio -- None Available
Gamboa Jorge -- First Southwestern Title Co
Patron Jorge Gamboa -- Stewart Title Of California
Gamboa Jorge -- Ticor Title
Gamboa Jorge $292,500 Fidelity Title
Knowlen Maralee L -- --
Knowlen Maralee L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moaddab Behzad $956,250
Previous Owner Gamboa Jorge $422,000
Previous Owner Patron Jorge Gamboa $375,000
Previous Owner Gamboa Jorge $269,000
Previous Owner Gamboa Jorge $248,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2024 02/07/24 Sold $1,275,000 +6.3% $788 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
11/20/2023 11/20/23 For Sale $1,200,000 -- $741 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,441 $513,259 $359,725 $153,534
2023 $6,319 $503,196 $352,672 $150,524
2022 $6,028 $493,330 $345,757 $147,573
2021 $5,950 $483,658 $338,978 $144,680
2020 $6,007 $478,700 $335,503 $143,197
2019 $5,773 $469,315 $328,925 $140,390
2018 $5,685 $460,114 $322,476 $137,638
2016 $5,424 $442,249 $309,954 $132,295
2015 $5,346 $435,607 $305,299 $130,308
2014 $5,370 $427,075 $299,319 $127,756
Source: Public Records

Agents Affiliated with this Home

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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-15818

Pasadena-Foothills Association of REALTORS®

APN: 2358-022-011