NOT LISTED FOR SALE

1112 N Olive Dr Unit 2 West Hollywood, CA 90069

Estimated Value: $588,000 - $736,000

2 Beds
2 Baths
768 Sq Ft
$275/mo HOA Fee

Last Sold March 22, 2017

Last sale price $539,000 $702 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,420/month

46 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Living Room
  • Traditional Architecture
  • Side by Side Parking
  • 5-minute walk to Kings Road Park

About This Home

As of March 2017

Fully renovated light and bright unit features 2 bedrooms, 2 baths, open floor plan, great kitchen with stainless steel appliances, outdoor balcony, extremely low dues that include Earthquake insurance and 2 side by side parking spaces. Located in the Heart of West Hollywood, near Sunset and Santa Monica Blvd., and close to some of the best restaurants and shops.

Last Agent to Sell the Property

Dafna Milstein

Keller Williams Beverly Hills License #01261623 Listed on: 12/16/2016

Keller Williams Beverly Hills

Co-Listed By

Gregg Silver

Keller Williams Beverly Hills License #01391871

Last Buyer's Agent

Richard Wilkinson

Compass License #01812487

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,641

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Gated Home

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Gated Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 768 Sq Ft Home
  • 2-Story Property
  • Living Room

Kitchen

  • Gas Oven
  • Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5554-026-138

Community Details

Overview

  • Association fees include earthquake insurance
  • 8 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,641

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 1112 Olive
  • Entry Floor: 1
  • Living Area: 768
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1972
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Oven-Gas, Range
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Freezer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 688.80

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Side By Side

Utilities

  • Cooling: Wall Unit(s)
  • Earth Quake Ins: 1
  • Heating: Wall
  • Security: Gated
  • Sewer: In Street

Association/Amenities

  • Amenities: Controlled Access, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance
  • HOA Fees: 275.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5554-026-138
  • Geocode Override: No
  • Lot Size Area: 6004

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2016
Closed on
Mar 13, 2017
Sold by
1112 Investment Company Llc
Bought by
Petrossian Raffi George
Seller's Agent
Dafna Milstein
Keller Williams Beverly Hills
Buyer's Agent
Richard Wilkinson
Compass
List Price
$529,000
Sold Price
$539,000
Premium/Discount to List
$10,000
1.89%
Current Estimated Value
$648,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,794
Avg. Annual Appreciation
2.37%
Original Mortgage
$229,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2016
Sold by
Outdoor Billboard Llc
Bought by
1112 Investment Company Llc

Purchase Details

Closed on
Jun 19, 2015
Sold by
1112 Investment Company Llc
Bought by
Outdoor Billboard Llc and 1650 Veteran Corp

Purchase Details

Closed on
Mar 16, 2005
Sold by
Remba Melvin M and Melvin J Remba Family Trust
Bought by
1112 Investment Co Llc
Source: Public Records

Range of Values:

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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
Petrossian Raffi George $539,000 Chicago Title
1112 Investment Company Llc -- Accommodation
Outdoor Billboard Llc -- None Available
1112 Investment Co Llc -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrossian Raffi George $404,000
Closed Petrossian Raffi George $402,000
Closed Petrossian Raffi George $403,000
Closed Petrossian Raffi George $412,000
Closed Petrossian Raffi George $229,000
Previous Owner 1112 Investment Company Llc $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2017 03/22/17 Sold $539,000 +1.9% $702 / Sq Ft
12/16/2016 12/16/16 For Sale $529,000 -- $689 / Sq Ft
Source: The MLS

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
2025 $7,641 $625,550 $500,441 $125,109
2024 $7,641 $613,285 $490,629 $122,656
2023 $7,514 $601,260 $481,009 $120,251
2022 $7,138 $589,472 $471,578 $117,894
2021 $7,093 $577,915 $462,332 $115,583
2019 $6,862 $560,775 $448,620 $112,155
2018 $6,812 $549,780 $439,824 $109,956
2016 $3,356 $257,207 $145,893 $111,314
2015 $3,305 $253,344 $143,702 $109,642
2014 -- $248,383 $140,888 $107,495
Source: Public Records

Agents Affiliated with this Home

  • Dafna Milstein

    Seller's Agent in 2017

    Dafna Milstein

    Keller Williams Beverly Hills

    (310) 867-5598

    8 in this area

    78 Total Sales

    Dafna Milstein
    Section Image

  • G

    Seller Co-Listing Agent in 2017

    Gregg Silver

    Keller Williams Beverly Hills

    (310) 432-6400

    3 in this area

    25 Total Sales

    Gregg Silver
    Section Image
  • Richard Wilkinson

    Buyer's Agent in 2017

    Richard Wilkinson

    Compass

    (323) 445-2426

    1 in this area

    75 Total Sales

    Richard Wilkinson
    Section Image
  • Miles Crakow

    Buyer Co-Listing Agent in 2017

    Miles Crakow

    Real Broker

    (323) 953-2723

    1 in this area

    29 Total Sales

    Miles Crakow
    Section Image
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Map

Source: The MLS

MLS Number: 16-187140

The MLS

APN: 5554-026-138

California Los Angeles County West Hollywood 90069

1112 N Olive Dr Unit 2, West Hollywood, CA

This home is located at 1112 N Olive Dr Unit 2, West Hollywood, CA 90069 since 16 December 2016 and is currently estimated at $648,794, approximately $844 per square foot. This property was built in 1972. 1112 N Olive Dr Unit 2 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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