NOT LISTED FOR SALE

1011 N Crescent Heights Blvd Unit 5 Los Angeles, CA 90046

Estimated Value: $1,764,000 - $4,424,810

2 Beds
3 Baths
1,137 Sq Ft
$2,598/Sq Ft Est. Value

About This Home

Last Unit Remaining! Spectacular newly constructed architectural 12-unit building located in the heart of West Hollywood. Be the first to reside in this state-of-the-art penthouse, offering a massive deck with several covered lounge and dining areas with dramatic views overlooking the famous Hollywood Hills. The spacious 2-bedroom, 2.5-bathroom unit features natural light throughout with 9' ceilings, stainless steel appliances, dual pane windows, in-unit LG washer and dryer and a Brilliant Smart Home System. The secure, gated building is equipped with subterranean parking, individual electric vehicle charging outlets, and optional additional storage. Located in one of the most desired neighborhoods situated between Santa Monica Blvd and Melrose Ave, moments from world-famous shopping, entertainment, restaurants, and nightlife. Property also available fully furnished at $13,000/monthly, minimum of a 1 year term.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Ailp 10 Llc
Bought by
1011 N Crescent Heights Llc
Current Estimated Value
$2,954,453

Purchase Details

Closed on
Jan 24, 2024
Sold by
Arixa Institutional Lndg Ptrs
Bought by
Ailp 10 Llc

Purchase Details

Closed on
Jan 18, 2024
Sold by
Fidelity National Title Co
Bought by
Arixa Institutional Lndg Ptrs and Edwards

Purchase Details

Closed on
Nov 15, 2016
Sold by
Gupta Desh and Gupta Pushpa
Bought by
Crescent Heights Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,029,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 7, 2016
Sold by
Flowers Charles M and Alexopoulos Konstantine
Bought by
Gupta Desh and Gupta Pusha

Purchase Details

Closed on
Apr 6, 2010
Sold by
Korell Cameron Todd
Bought by
Flowers Charles M and Alexopoulos Konstantine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2009
Sold by
Korell Cameron Todd
Bought by
Citibank Na

Purchase Details

Closed on
Nov 16, 2006
Sold by
Smith Ryan and Eller Christopher D
Bought by
Korell Cameron Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2002
Sold by
Wilhelm J Matthew
Bought by
Smith Ryan and Eller Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.75%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Javaheri Farideh
Bought by
Rahimi Houshang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.25%

Purchase Details

Closed on
Oct 6, 1998
Sold by
Rahimi Houshang
Bought by
Wilhelm J Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,250
Interest Rate
6.25%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1011 N Crescent Heights Llc $10,375,000 Fidelity National Title
Ailp 10 Llc -- None Listed On Document
Arixa Institutional Lndg Ptrs $10,250,000 Fidelity National Title
Crescent Heights Development Llc $1,470,000 Stewart Title Of California
Gupta Desh $1,398,000 Ntitle Insurance Company
Flowers Charles M $720,000 First American Title Company
Citibank Na $944,126 Accommodation
Korell Cameron Todd $1,065,000 Fatcola
Smith Ryan $500,000 Stewart Title
Rahimi Houshang -- Equity Title Company
Wilhelm J Matthew $335,000 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crescent Heights Development L $9,600,000
Previous Owner Crescent Heights Development Llc $7,850,000
Previous Owner Crescent Heights Development Llc $1,029,000
Previous Owner Flowers Charles M $200,000
Previous Owner Alexopoulos Konstantine $417,000
Previous Owner Alexopoulos Konstantinos $100,000
Previous Owner Flowers Charles M $360,000
Previous Owner Korell Cameron Todd $143,000
Previous Owner Korell Cameron Todd $852,000
Previous Owner Smith Ryan $478,000
Previous Owner Smith Ryan $400,000
Previous Owner Wilhelm J Matthew $120,000
Previous Owner Wilhelm J Matthew $251,250
Closed Wilhelm J Matthew $67,000
Closed Smith Ryan $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2023 06/05/23 Rented $7,600 0.0% --
05/09/2023 05/09/23 Price Changed $7,600 -2.6% $7 / Sq Ft
03/30/2023 03/30/23 Price Changed $7,800 -1.3% $7 / Sq Ft
03/22/2023 03/22/23 For Rent $7,900 -- --

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $20,521 $1,672,569 $1,672,569 --
2023 $20,124 $1,639,774 $1,639,774 $0
2022 $18,641 $1,607,622 $1,607,622 $0
2021 $20,039 $1,576,135 $1,260,909 $315,226
2019 $18,474 $1,529,387 $1,223,510 $305,877
2018 $18,267 $1,499,400 $1,199,520 $299,880
2016 $10,182 $814,798 $628,074 $186,724
2015 $10,024 $802,560 $618,640 $183,920
2014 $10,019 $786,840 $606,522 $180,318
Source: Public Records

Agents Affiliated with this Home

  • David Kramer

    Seller's Agent in 2023

    David Kramer

    Compass

    (310) 691-2400

    2 in this area

    126 Total Sales

    David Kramer
    Section Image
  • Juli Renfro

    Buyer's Agent in 2023

    Juli Renfro

    Compass

    (310) 867-4380

    5 in this area

    19 Total Sales

    Juli Renfro
    Section Image
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Map

California Los Angeles County Los Angeles 90046

1011 N Crescent Heights Blvd Unit 5, Los Angeles, CA

This home is located at 1011 N Crescent Heights Blvd Unit 5, Los Angeles, CA 90046 and is currently estimated at $2,954,453, approximately $2,598 per square foot. 1011 N Crescent Heights Blvd Unit 5 is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

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