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5408 Morella Ave, Valley Village, CA, 91607

$1,599,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 2 Partial
2,504 SqFt
$639/SqFt
House

Location

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5408 Morella Ave, Los Angeles$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Covered, Carport, Driveway
Attached GarageYes
Year Built1941
HeatingCentral
CoolingCentral Air
FireplaceGuest Accommodations
ViewNone
MLS #24454587
Lot Size0.19 Acres
StatusActive

About 5408 Morella Ave

This unique property offers two gorgeously remodeled homes on one oversized lot, located on a lovely residential street in the prestigious Valley Village neighborhood. Just moments from Chandler Blvd, the Orange Line station, and a variety of shops and restaurants, this property blends convenience with charm. The front house is introduced by a charming brick carport and a large driveway with ample parking. The open floor plan connects a spacious living room, a remodeled kitchen with Quartz countertops, and a dedicated dining area. Two bedrooms share a bathroom, while an office and laundry room with an adjacent 1/2 bath complete the layout. Additional updates include a new roof, flooring, kitchen cabinetry, appliances, and updated electrical. The back house offers contemporary design with a touch of Spanish flair. Vaulted ceilings and a fireplace highlight the great room, which opens to the updated kitchen. The home features a bedroom with a bathroom and Laundry closet on the main level and a loft with a 1/2 bath upstairs, plus a private courtyard. A large patio between the homes creates an inviting space for gatherings, and the property also includes a shed with a new roof for extra storage. With its blend of original charm and modern comforts, this property is perfect for multi-generational living or rental income. Property is zoned LARD2.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1941
  • Stories: 2
  • Living Area: 2,504 SqFt

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 454-0080
  • Listing Agent: Taraneh Jafari

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fan(s), Loft
  • Fireplace: Guest Accommodations

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Carport, Covered, Carport, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: N of Chandler Blvd & W of Colfax Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
  • Price Per SqFt: $639/SqFt

Tax Information:

  • Annual Amount: $8,250
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

5408 Morella Ave vs Los Angeles

34 DAYS ON ROCKET

-4 Days

$1,599,000

+$575.5K More

$639/SqFt

-$2 Less

KEY TAKEAWAY

This property is $575.5K more than the Median Sold Price and $2/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: #24454587

Listing Office:

  • Office Name: Sotheby's International Realty
  • Office Phone: (310) 454-0080
  • Listing Agent: Taraneh Jafari

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: 11/22/2024, 12:20:51 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

Aug 26, 2002Home Sold
$517,500
Apr 22, 1988Home Sold
$172,500
Feb 12, 1988Home Sold
$165,000
Feb 12, 1988Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,250$669,000
2020$8,006$662,141
2019$7,846$649,159
2018$7,674$636,431
2017$7,674$623,953

History based on county public records data.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

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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.

Nearby Schools

school-card-donut-613323
5
/10

  • Burbank Boulevard Elementary

  • 12215 Albers St

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-613324
9
/10

  • Colfax Charter Elementary

  • 11724 Addison St

  • 0.57 miles

  • Public Charter Grades KG-5

school-card-donut-613325
4
/10

  • Lankershim Elementary School

  • 5250 Bakman Ave

  • 0.76 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,942. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5408 Morella Ave

What is the listing price of this property?

The listing price of 5408 Morella Ave property is $1,599,000.

What type of property is this?

The property 5408 Morella Ave is a house located in Valley Village, California, 91607.

Is this property for sale now?

Active Listing: 5408 Morella Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,250 (source: MLS/based on county public records data).

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

The last sale was on August 26, 2002 for $517,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5408 Morella Ave has 4 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 5408 Morella Ave is 2,504 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5408 Morella Ave is 1941.

Rocket Homes›California›Los Angeles County›Los Angeles›91607›5408 Morella Ave

This home is located at 5408 Morella Ave in Valley Village, CA and zip code 91607 in the The San Fernando Valley neighborhood. This 2,504 square foot home, which was built in 1941, sits on a 0.19 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 19, 2024 and is currently priced at $1,599,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

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

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