I discovered this great trove of fascinating information during a recent employment incarceration at a Sherman Oaks realty agency.
When we received a listing, we went online and pulled up permit records related to a particular property. This was part of my duties, along with stuffing plastic fingers and plastic spiders into hundreds of orange and black Halloween bags destined to hang on doorways south of Ventura Boulevard.
My neighbor’s home at 15139 Hamlin went on sale yesterday.
I pulled up a 1933 building permit for the property.
These records are available for anyone to view. And are not confidential, private or top-secret. They are part of the public record of building safety in our city.
15139 Hamlin was built by Fred J. Hanks who lived down the street at 15015 Hamlin (since demolished). Mr. Hanks estimated the total construction cost of the home at $2,000.
Incidentally, I plugged $2,000 into the US Inflation Calculator and found that amount to equate to $36,606.92 in 2015 dollars.
Mr. Hanks built a two-bedroom house with one bathroom and a kitchen, living room and dining room on a 50’ x 137’ lot with garage for about thirty-six thousand 2015 dollars.
The current values for housing properties in Los Angeles are truly insane. They are fed by a frenzy of speculation and collusion by appraisers, property owners, banks and realtors and seem to reflect no sane relation to either income or reality.
Van Nuys, between Kester and Sepulveda, above Victory, is stuck in a strange rut. The houses here are expensive enough (over $500,000) but are mostly unaffordable for new home buyers. But there are few that sell for over $650,000 so developers have no interest in purchasing old or dilapidated houses, pouring $100,000 into them, only to find that their $600,000 investment cannot sell for over that amount.
As a result our area has quite a number of empty houses, and others that sit on large parcels of land that could be developed for more housing. People sleep on benches, and on the street, or spend $3000 a month for renting an apartment and they all could be owning a house if only the economics of our times permitted.
Perhaps someone sensitive and aesthetic, with modern tastes and an artistic eye will purchase 15139 Hamlin. Or, as seems more likely these days, the house will be obliterated by concrete driveways, 30 cheap exterior lantern lights sitting on stucco walls or iron gates, vinyl windows and Roman columns, and five Hummers parked in front with four on the street.
People once had little money but could build cheaply and practically and pleasantly. Now they have little money, but they build as if they have millions, and the result is a vandalizing of our communities producing pimped-up houses that will again go vacant and unsold when the next downturn hits.
They knew something in that Great Depression year of 1933 we need to learn all over again.