See Home Value
$2,119,310*
House - Off Market

7388 Valaho Lane

Tujunga, CA 91042
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1232 Sqft
$1,700,000 - $2,076,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Mar 03, 2023
$325,000
$785,000 by Ocmbc Inc
Mortgage Due Mar 01, 2052
Sold May 04, 2021
$750,000
$775,000 by David P Goodlaw Family Trust
Mortgage

About This Property

Historic Retreat on over 18 Acres! Built of native stone, this beautiful cottage is set in a stand of Oak trees and possesses a feel of 'Being in the Mountains'. The property is only 20 miles from Downtown LA and 17 miles from the Burbank Studios. There are 8 separate contiguous lots with 5 separate accesses totaling over 18 acres. In addition to the accesses, there are 2 city dedicated roads running through a large portion of the parcels. The home is a legal duplex with separate entrances but also has an interior staircase.Possible uses include a retreat, equestrian, family compound/getaway, development or a single family residence with rentals or ADU's on the property.The grounds have been completely landscaped with native rock with 4 separate gardens. There is a 30 foot diameter pond/waterfall with its own pump house and filtration system. Farther back with a beautiful view is a large flat plateau built for future equestrian use with water & power. This is a truly unique property with lots of potential and becoming hard to find so close to downtown Los Angeles and the Burbank Studios.For the full details on the property, there is a dedicated website devoted to lot sizes, zoning, maps and a host of photos at 7388ValahoLane.com

The manager has listed the unit size as 1232 square feet.
Unit Size
1,232Ft²
Days on Market
-
Land Size
18.33 acres
Price per sqft
$1,532
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1921

Price History

Date / Event Date Event Price
Mar 3, 2023 Sold $325,000
Sold
Oct 6, 2021 No longer available -
No longer available
May 4, 2021 Sold to Rob Mikitarian $750,000
Sold to Rob Mikitarian
Jan 1, 2021 In contract -
In contract
Mar 5, 2020 Listed $1,888,000
Listed
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1921
  • Effective Year Built: 1934
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 74,318
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 2,960
  • Total Building Area: 1,232
  • Gross Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 3957
  • Land Acres: 1.706
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 3957 LOT/SEC1536

Ownership

  • Current Owner : ANAHIT BABAYAN FAMILY TRUST
  • Previous Owner : MIKITARIAN ROB
  • Owner Before Previous Owner: SECCOMBE RICHARD LYNDON
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 101400

Zoning

  • Zoning: LARE40

Geography

  • Assessors Map Reference: 10-F4
  • Subdivision Tract Number: 3957
  • Parcel: 2563-022-017
  • Lot: 1536
  • Municipality: NORTH /SUNLAND/TUJUNGA
  • Latitude: 34.2498
  • Longitude: -118.294

    Address

  • Full Address: 7388 Valaho Ln
  • Address - House Number: 7388
  • Address - Street Name: Valaho
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Tujunga
  • Carrier Code: C012
  • 4-Digit Zip Code: 2639
  • Zip Code: 91042

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,674
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2369
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 66
  • Final Value: 754,570
  • High Value: 933,391
  • Low Value: 575,749

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $785,000
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Feb 25, 2022
  • First Open Lien Mortgage Loan Amount: $785,000
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,236,240
  • Assessed Land Value: $1,030,200
  • Assessed Improvements Value: $206,040

    Sales

  • Current Sale Contract Date: Dec 29, 2022
  • Current Sale Recording Date: Mar 03, 2023
  • Current Sale Transaction ID: 11902771832
  • Current Sale Price: $325,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 136981
  • Previous Sale Recording Date: May 04, 2021
  • Previous Sale Contract Date: Jan 14, 2021
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: DAVID P GOODLAW FAMILY TRUST
  • Previous Mortgage Transaction Date: May 04, 2021
  • Previous Mortgage Loan Amount: $775,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Valley


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Nearby Rentals

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Unit for rent at 6429 Valmont Street, Tujunga, CA, 91042

$2,800 /mo

  • 2 Beds
  • 1 Bath
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6429 Valmont Street #UPPER, Tujunga, CA, 91042 Listing by Gabriela Cernikova
Unit for rent at 9961 Marcus Avenue, Tujunga, CA, 91042

$3,000 /mo

  • 3 Beds
  • 2 Baths
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9961 Marcus Avenue #1, Tujunga, CA, 91042 Listing by Edik Minassian


Frequently Asked Questions

When was property at 7388 Valaho Lane built and last sold?
The property at 7388 Valaho Lane was built in 1921 and last sold on Dec 29, 2022 for $325,000.
How much is this home worth?
The estimated value of the home located at 7388 Valaho Lane is $1,906,880.
What are some comparable homes to 7388 Valaho Lane?
There are currently no comparable homes to 7388 Valaho Lane.

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