Unlock your profit potential, transform this Spanish Estate into a lucrative masterpiece. Seize a golden opportunity and dive into immediate action by embarking on the renovation of this exceptional single-story Spanish estate. Nestled in a coveted location, this project promises not only a stunning transformation but a lucrative return on investment. Elevate the existing 3100sf footprint by skillfully extending the structure to meet optimal setbacks. Consult the comprehensive Underbuilt report (accessible in the documents folder) to gauge the maximum allowable square footage. While the report outlines the potential, the true opportunity lies in crafting a 5000+ sf residence on this expansive flat lot. Such a gem in this sought-after locale is sure to attract a robust pool of buyers, ensuring a lucrative return on your investment. Beyond its investment potential, this estate offers a compelling opportunity for owner-users. Delve into the possibilities of making this unique space your own, tailored to your vision and lifestyle.
Sold for $1,600,000 on 12/29/23
$1,600,000
12018 Sarah St, Valley Village, CA 91607
2beds
3,050sqft
Residential
Built in 1938
0.32 Acres Lot
$2,120,900 Zestimate®
$525/sqft
$7,715 Estimated rent
Home value
$2,120,900
$1.82M - $2.48M
$7,715/mo
Zestimate® history
Loading...
Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 29, 2023 at 06:29am
Listed by:
Craig Knizek DRE # 01377932 818-618-1006,
The Agency 424-230-3700,
Brandon Imani DRE # 02002242 310-913-2002,
The Agency
Bought with:
Ann Marie Uy, DRE # 01712288
Homesmart Evergreen Realty
Source: CLAW,MLS#: 23-281597
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 3
Heating
- None
Cooling
- None
Appliances
- Included: No Cooking Appliances
- Laundry: None
Features
- None, Formal Dining Rm
- Flooring: Other
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 3,050
- Total interior livable area: 3,050 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Is Attached, Garage - 2 Car, Driveway
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Main Level
- Pool features: In Ground
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.32 Acres
- Dimensions: 70 x 200
- Features: Back Yard, Front Yard
Details
- Additional structures: None
- Parcel number: 2364001027
- Zoning: LAR1
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish
- Property subtype: Residential
Materials
- Roof: Spanish Tile
Condition
- Fixer,Value Mainly In Land,Repairs Major
- Year built: 1938
Utilities & green energy
- Water: District
Community & neighborhood
Location
- Region: Valley Village
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2025 | Listing removed | $22,000$7/sqft |
Source: Zillow Rentals | ||
| 5/6/2025 | Listed for rent | $22,000$7/sqft |
Source: Zillow Rentals | ||
| 12/29/2023 | Sold | $1,600,000+0.1%$525/sqft |
Source:  CLAW #23-281597 | ||
| 12/27/2023 | Pending sale | $1,599,000$524/sqft |
Source: CLAW #23-281597 | ||
| 12/18/2023 | Contingent | $1,599,000$524/sqft |
Source: CLAW #23-281597 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,781 +1% | $1,632,000 +2% |
| 2024 | $19,578 -19.7% | $1,600,000 -20% |
| 2023 | $24,371 +1177.6% | $2,000,000 +1345.8% |
Find assessor info on the county website
Neighborhood: Studio City
Nearby schools
GreatSchools rating
- 8/10Colfax Charter Elementary SchoolGrades: K-5Distance: 0.6 mi
- 7/10Walter Reed Middle SchoolGrades: 6-8Distance: 0.5 mi
- 8/10North Hollywood Senior High SchoolGrades: 9-12Distance: 0.9 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,120,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,120,900