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5408 Morella Avenue

Valley Village, CA 91607

4 beds
4 baths
2,504 sqft
8,114 sqft lot
$638 per sqft
1941 build
– on site

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.

Listed By CRMLS_CA / Taraneh Jafari / Sotheby's International Realty

Last checked: Checking… • Last updated Oct 31, 2024 •

MLS# 24454587 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1941
Year Built Source:

Other
New Construction:

No
Architectural Style:

Traditional
Common Walls:

No Common Walls
Stories Total:

2

Interior

Features:

Ceiling Fan(s)
Levels:

Two
Flooring:

Vinyl, Tile
Room Type:

Primary Bathroom, Loft, Living Room, Office, Guest/Maid's Quarters
Living Area Source:

Taped
Fireplace:

Yes
Fireplace:

Guest House
Laundry:

Washer Included, Dryer Included, Inside, Individual Room
Laundry:

1

Room Dimensions

Living Area:

2504.00

Financial & Terms

Disclosures:

Property Report

Location

Directions:

N of Chandler Blvd & W of Colfax Ave
Latitude:

34.16901200
Longitude:

-118.38962400

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Zoning:

LARD2
Lot Size Area:

8114.0000
Lot Size Dimensions:

60x135
Lot Size Acres:

0.1863
Lot Size SqFt:

8114.00
Lot Size Source:

Assessor
Lot Dimensions Source:

Assessor
View:

None
Other Structures:

Shed(s), Guest House

Listing Agent

Contact info:

Beds

Total Bedrooms:

4

Baths

Total Baths:

4
Full & Three Quarter Baths:

2
Half Baths:

2
Three Quarter Baths:

2

The Listing

Special Listing Conditions:

Standard
Parcel Number:

2348007038

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Refrigerator
Included:

Yes

The Community

Senior Community:

No
Pool:

None
Private Pool:

No
Spa Features:

None
Association:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Attached Carport, Carport, Driveway, Covered
Parking Spaces:

5.00
Attached Garage:

Yes

Monthly cost estimate

Asking price

$1,599,000

Expense	Monthly cost
Mortgage	$8,562
Taxes	N/A
Insurance	$439
Utilities	$237 See report
Total	$9,238/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
10/18/24 Oct 18, 2024	Listed / Active	CRMLS_CA	$1,599,000	15.9% (7.3% / YR)
9/18/24 Sep 18, 2024	Listed / Active	BRIDGE
8/18/22 Aug 18, 2022		CRMLS_CA	$1,380,000	-6.4%

32% of nearby similar homes sold for over asking price

Similar homes that sold in bidding wars went $88k above asking price on average, but some went as high as $266k over asking price.

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This house located in South Valley, Los Angeles, CA 91607 is currently for sale for $1,599,000. 5408 Morella Avenue is a 2,504 square foot house with 4 beds and 4 baths that has been on Estately for 17 days. 5408 Morella Avenue is in the South Valley neighborhood of Los Angeles and has a WalkScore® of 80, making it very walkable.

Listing Courtesy of: CRMLS_CA and Sotheby's International Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 22:24 on Nov 04.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.