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5408 Morella Avenue

5408 Morella Avenue, Valley Village, CA 91607
Property in Valley Village
Sold Aug 18, 2022
$1,380,000
$1,100,000 by Luther Burbank Savings
Mortgage Due Sep 01, 2052
Sold Aug 26, 2002
$517,500
$400,000 by Metrociti Mtg Llc
Mortgage Due Sep 01, 2032
5408 Morella Avenue in Valley Village, CA was first built in 1941 and is 83 years old. Although, the building on the property was most recently renovated and altered in 1955. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 7 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 5408 Morella Avenue has 2,631 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 8,111 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 14, 2022 for $1,380,000. That's $524.52 per sqft. Prior to that sales transaction, the property was also sold in Jul 17, 2002 for $517,500. 5408 Morella Avenue was last assessed in 2023. The total value of the property was assessed at $1,380,000. Specifically, the land the property is located on was valued at $1,000,000. While improvements on the property were assessed at a total of $380,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,361. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1955
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,111
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,631
  • Building Area: 2,631
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,631
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 12161
  • Land Acres: 0.186
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 12161 LOT/SEC 26

Ownership

  • Current Owner : LANG DANIEL
  • Current Owner 2: LANG BREANNA JADE
  • Previous Owner : PATRICK LOGUE
  • Owner Before Previous Owner: EARLE MARIA
  • Owner Before Previous Owner 2: EARLE IVONNE I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 125101

Zoning

  • Zoning: LARD2

Geography

  • Assessors Map Reference: 23-C1
  • Subdivision Tract Number: 12161
  • Parcel: 2348-007-038
  • Lot: 26
  • Municipality: NORTH /NORTH HOLLYWOOD
  • Latitude: 34.169
  • Longitude: -118.39

    Address

  • Full Address: 5408 Morella Ave
  • Address - House Number: 5408
  • Address - Street Name: Morella
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Valley Village
  • Carrier Code: C012
  • 4-Digit Zip Code: 2210
  • Zip Code: 91607

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,361
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2227
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,531,026
  • High Value: 1,872,009
  • Low Value: 1,190,044

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,100,000
  • First Open Lien Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Open Lien Mortgage Recording Date: Aug 18, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,380,000
  • Assessed Land Value: $1,000,000
  • Assessed Improvements Value: $380,000

    Sales

  • Current Sale Contract Date: Jun 14, 2022
  • Current Sale Recording Date: Aug 18, 2022
  • Current Sale Transaction ID: 11894663093
  • Current Sale Price: $1,380,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 828304
  • Previous Sale Recording Date: Aug 26, 2002
  • Previous Sale Contract Date: Jul 17, 2002
  • Previous Sale Amount: $517,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Mortgage Transaction Date: Aug 18, 2022
  • First Mortgage Loan Amount: $1,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: METROCITI MTG LLC
  • Previous Mortgage Transaction Date: Aug 26, 2002
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 01, 2032

About South Valley



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Frequently Asked Questions

What neighborhood is 5408 Morella Avenue located in?
The 5408 Morella Avenue is a located in the neighborhood of Valley Village in South Valley, Valley Village.
What is the average sales price for listings in 5408 Morella Avenue?
The average sales price for units in 5408 Morella Avenue is $0 currently.

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