27 days on rocket

1118 Sanborn Ave, Los Angeles, CA, 90029

$1,995,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Baths
3,110 SqFt
$641/SqFt
House

Location

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1118 Sanborn Ave, Los Angeles$1,995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1920
MLS #24450439
Lot Size0.14 Acres
StatusActive

About 1118 Sanborn Ave

SEE MARKETING PACKAGE IN DOCS SECTION. The Highlight Group of Equity Union as the exclusive listing agent is pleased to present the rare opportunity to acquire 1118-1120 Sanborn Ave. a five (5) unit residential property consisting of one freestanding single-family home, originally built prior to 1920 and substantially rebuilt in 1980 and two duplexes built in the 1920s. The property is located one parcel north of Sunset Blvd and steps away from Sunset Junction, in the heart of the upscale Silver Lake neighborhood of Los Angeles. The unparalleled location and free-standing single family home makes the property a great fit for both an investor or an owner-occupier. 2bed+2bath House: The approximately 1,250 square foot single -story house is freestanding at the rear of the lot and features an open entryway that leads into a living area and a large open kitchen that is complete with a bar stool countertop area for entertaining. Most of the flooring is bamboo with also some large knotty pine plank flooring in select areas. The bedrooms are very large and there is a full master bath and second full bath in the common area. The master bedroom also features a large private patio accessible through a sliding glass door that has just been fully rebuilt. A full-sized laundry room also sits next to the kitchen for convenience. A gray shingle roof was installed in 2014. The electrical panel and electrical service to the house was just upgraded as well. Large Outdoor Patio: Both the kitchen and common area of the house open to a large outdoor patio that has just been fully rebuilt and is perfect for entertaining. The patio area is large enough that it may present an opportunity to replace it with additional living square footage or a separate ADU unit with its own entrance. Buyers will need to do their own due diligence to see if these expansion/ADU opportunities are viable. Duplex Upper Units: The two upstairs 1bed+1bath units each feature a large front porch and patio area for tenants to utilize as additional space. These units also feature an additional room off the back of the kitchen that can be used as an office. Unit 1120 (upper left duplex unit when facing the property) has been renovated with a modern kitchen, a stacked washer/dryer and a modern bathroom, both with dimmable LED lighting. This unit also features the original Douglas Fir floors in the living area and brand-new windows. Unit 1118 1/2 (upper right duplex unit when facing the property)has not been modernly renovated but is still in good condition. It has a classic claw foot bathtub adding significant charm. This unit also features a storage building next to the street level patio. Duplex Lower Units: The two downstairs 1bed+1bath units each feature very large private rear outdoor patios/wood decks that can be accessed from the kitchens and both decks were just fully rebuilt. These units also feature an additional room off the back of the kitchen that feels like an open atrium. Unit 1120 (lower left duplex unit when facing the property) has been improved over time and has a very "Silver Lake" feel to it. There is room in the kitchen to add a stackable washer/dryer similarly to what was done in Unit 1120 1/2 upstairs. Unit 1118 (lower right duplex unit when facing the property) has the most unique feel of all the duplex units. Crown molding is abundant, and the entire unit features the original Douglass Fir wood flooring. The kitchen has been opened to the main living area in this unit and has been updated to a modern style but still features the original stainless countertop with glass cabinet on top. The bathroom is modern but has kept the claw foot bathtub. This unit features a separate laundry room in the back of the kitchen that also provides access to the back patio.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 3,110 SqFt

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (818) 989-2000
  • Listing Agent: Josh Kaplan

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • John Marshall Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Thomas Starr King Middle School Film and Media Mag, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Micheltorena Street Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Just one parcel north of Sunset Blvd, adjacent to Sweetgreen, and across from Sunset Junction on Sanborn Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,995,000
  • Price Per SqFt: $641/SqFt

Tax Information:

  • Annual Amount: $12,167
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1118 Sanborn Ave vs Los Angeles

27 DAYS ON ROCKET

-11 Days

$1,995,000

+$971.5K More

$641/SqFt

-$0 Less

KEY TAKEAWAY

This property is $971.5K more than the Median Sold Price and $0/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24450439

Listing Office:

  • Office Name: Equity Union
  • Office Phone: (818) 989-2000
  • Listing Agent: Josh Kaplan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 04, 2008Home Sold
$800,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,167$970,780
2020$11,815$960,827
2019$11,766$941,989
2018$11,473$923,519
2017$11,473$905,412

History based on county public records data.

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$10K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,048

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1719328
7
/10
  • Micheltorena Street Elementary School

  • 1511 Micheltorena St

  • 0.35 miles

  • Public District Grades KG-6

school-card-donut-1719329
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.81 miles

  • Public Magnet Grades KG-6

school-card-donut-1719330
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.90 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1719331
6
/10
  • Thomas Starr King Middle School Film and Media Mag

  • 4201 Fountain Ave

  • 0.29 miles

  • Public Magnet Grades 6-8

school-card-donut-1719332
4
/10
  • Studio

  • 2211 W Avenue 30

  • 2.60 miles

  • Public District Grades 6-8

High School

school-card-donut-1719333
8
/10
  • John Marshall Senior High School

  • 3939 Tracy St

  • 1.05 miles

  • Public Magnet Grades 9-12

school-card-donut-1719334
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.45 miles

  • Public Magnet Grades 9-12

school-card-donut-1719335
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.41 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,522. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1118 Sanborn Ave

What is the listing price of this property?

The listing price of 1118 Sanborn Ave property is $1,995,000.

What type of property is this?

The property 1118 Sanborn Ave is a house located in Los Angeles, California, 90029.

Is this property for sale now?

Active Listing: 1118 Sanborn Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1118 Sanborn Ave are:
Micheltorena Street Elementary School: GreatSchools Rating 7/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Thomas Starr King Middle School Film and Media Mag: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
John Marshall Senior High School: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,167 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 4, 2008 for $800,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1118 Sanborn Ave has 6 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 1118 Sanborn Ave is 3,110 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1118 Sanborn Ave is 1920.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900291118 Sanborn Ave

This home is located at 1118 Sanborn Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 3,110 square foot home, which was built in 1920, sits on a 0.14 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since October 08, 2024 and is currently priced at $1,995,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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