NOT LISTED FOR SALE

Estimated Value: $1,238,000 - $1,446,000

2 Beds
1.5 Baths
982 Sq Ft
$1,398/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $1,413,927 $1,440 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,650/month

11 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • No HOA
  • Franklin Avenue Elementary Rated A-
  • Spanish Architecture
  • Covered patio or porch

About This Home

As of April 2024

Sited in the Franklin Hills, this elevated and private Spanish gem c. 1925 exudes timeless charm and breathtaking views. With warm hues and romantic touches throughout, this 2-bedroom, 1.5-bath home offers a serene retreat overlooking rolling hills, city lights, and glimpses of the ocean on clear days. Step through the wooden gate to discover captivating architectural details, from arched wood-frame windows that grace the generous front bedroom to original oak floors, all complemented by a Batchelder tile fireplace. The updated deco-themed kitchen with a port window door and modern appliances seamlessly blends original character with contemporary convenience. A separate side entry door enhances the flow for entertaining, while the updated powder bath also with a port window door, and laundry area add practicality. The full bathroom features charming penny tile flooring and a clawfoot tub for indulgent relaxation. The rear bedroom boasts custom inlaid shelving, French doors opening to a private flora-canopied patio and ample closet space. There is an additional 100+ sq ft. of storage space under the house. Outside, the terraced front garden blooms with vibrant flowers and fruit trees, creating a picturesque backdrop for morning coffee on the front porch or evening unwinding on the cozy back patio. Strolling distance to Silver Lake Triangle and The Sunset Junction, one can easily experience this vibrant neighborhood, from the bi-weekly farmer's market to eclectic dining and nightlife options. Enjoy the best of Franklin Hills living in this lovingly maintained sanctuary. Open houses Sat. 3/23, & Sun. 3/24, 2-5 PM; and Tues. 3/26, 11 AM-2 PM. Offers are due on Wednesday, March 27, at noon.

Last Listed By

Peter Tomlinson

Sotheby's International Realty License #01238435 Listed on: 03/19/2024

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,824

Year Built

  • Built in 1925

Lot Details

  • 3,244 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Hillside Location
  • Property is zoned LAR1

Parking

  • On-Street Parking

Property Views

  • City Lights
  • Hills

Home Design

  • Spanish Architecture

Interior Spaces

  • 982 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5430-025-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,824

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 982
  • Lot Acreage: 0.0745
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile, Linoleum
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Refrigerator, Washer, Vented Exhaust Fan, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1271.89

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Hills
  • View: Yes

Garage/Parking

  • Parking Garage: On street

Utilities

  • Water Heater: Tankless, Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central, Forced Air
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5430-025-014
  • Lot Description: Fenced
  • Lot Location: Hillside
  • Lot Size Area: 3244

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Apr 5, 2024
Sold by
Muzio Gloria
Bought by
Thompson Birsen Birdir
Seller's Agent
Peter Tomlinson
Sotheby's International Realty
Buyer's Agent
Michael Parker
Compass
List Price
$1,249,000
Sold Price
$1,413,927
Premium/Discount to List
$164,927
13.2%
Total Days on Market
11
Views
85
Current Estimated Value
$1,373,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,757
Avg. Annual Appreciation
-2.77%
Original Mortgage
$1,060,000
Outstanding Balance
$1,048,703
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$324,467

Purchase Details

Closed on
May 25, 2005
Sold by
Serrano Jorge B and Hedberg Erik Rudy
Bought by
Muzio Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2004
Sold by
Serrano Jorge B
Bought by
Serrano Jorge B and Hedberg Erik Rudy

Purchase Details

Closed on
Dec 6, 2002
Sold by
Legg Douglas A
Bought by
Serrano Jorge B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.5%

Purchase Details

Closed on
Jun 7, 1999
Sold by
Deely Catharine B
Bought by
Legg Douglas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.2%

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
Thompson Birsen Birdir $1,414,000 Lawyers Title
Muzio Gloria $712,000 California Title Company
Serrano Jorge B -- --
Serrano Jorge B $435,000 California Title Company
Legg Douglas A $237,500 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Birsen Birdir $1,060,000
Previous Owner Muzio Gloria $534,000
Previous Owner Serrano Jorge B $150,000
Previous Owner Serrano Jorge B $348,000
Previous Owner Legg Douglas A $190,000
Closed Serrano Jorge B $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $1,413,927 +13.2% $1,440 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/19/2024 03/19/24 For Sale $1,249,000 -- $1,272 / 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
2024 $11,824 $972,989 $778,398 $194,591
2023 $11,593 $953,912 $763,136 $190,776
2022 $11,046 $935,209 $748,173 $187,036
2021 $10,914 $916,872 $733,503 $183,369
2019 $10,583 $889,679 $711,748 $177,931
2018 $10,548 $872,236 $697,793 $174,443
2016 $10,090 $838,368 $670,698 $167,670
2015 $9,228 $766,000 $612,800 $153,200
2014 $9,442 $766,000 $612,800 $153,200
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 24-369683

The MLS

APN: 5430-025-014