NOT LISTED FOR SALE

1112 N Olive Dr Unit 6 West Hollywood, CA 90069

Estimated Value: $579,000 - $699,000

2 Beds
2 Baths
766 Sq Ft
5,663 Sq Ft Lot

Last Sold July 12, 2018

Last sale price $535,000 $698 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,010/month

Highlights

  • Unit is on the top floor
  • Traditional Architecture
  • Views
  • Gated Parking
  • Wood Flooring
  • 5-minute walk to Kings Road Park

About This Home

As of August 2018

Located in one of West Hollywood's best areas, this light and bright 2nd floor unit features 2 bedrooms, 2 baths and freshly painted with new wood floors. The open floor plan features a great size kitchen with granite counters, dining area and large picture window. Underground secured parking space and steps away from Sunset and Santa Monica Blvd, and close to some of the best restaurants and shops the area has to offer. This one is not to be missed.

Last Agent to Rent the Property

Dafna Milstein

Keller Williams Beverly Hills License #01261623 Listed on: 07/16/2018

Keller Williams Beverly Hills

Co-Listed By

Gregg Silver

Keller Williams Beverly Hills License #01391871

Last Renter's Agent

Victoria Cruz-Christian

Equity Union License #01887799

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,306

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 5,663

Parking

  • 1 Car Garage
  • Gated Parking

Home Design

  • Traditional Architecture

Interior Spaces

  • 766 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Laundry Room
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Location

  • Unit is on the top floor

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $5,990
  • Tenant pays for cable TV, electricity, gas
  • Rent includes water
  • 1-Month Minimum Lease Term
  • 12 Month Lease Term
  • Assessor Parcel Number 5554-026-142

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 8 Units
  • Community Barbecue Grill
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,306

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Credit Report Amount: 19.99
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Lease Length: 1
  • Rent Includes: Water
  • Security Deposit: 5990
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Traditional
  • Single Family Or Apt: Condo/Apt
  • Levels: Top Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Builders Tract Code: Not in a Development
  • Lease Terms: 1+Year
  • Living Area: 766
  • Monthto Month: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1972
  • Builders Tract Name: Not in a Development
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Number Of Remote Controls: 1
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 3.78

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • Cooling: Wall/Window
  • Heating: Wall Electric
  • Sewer: In Street

Association/Amenities

  • Amenities: Assoc Barbecue, Controlled Access, Gated Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • Unit Location: Upper

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5554-026-142
  • Geocode Override: No
  • Lot Size Area: 6004

Multi Family

  • Number Of Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
May 16, 2018
Sold by
1112 Investment Company Llc
Bought by
Marchand Shimon
Seller's Agent
Dafna Milstein
Keller Williams Beverly Hills
Buyer's Agent
Margalit Bensimon
Nourmand & Associates-BH
List Price
$499,000
Sold Price
$535,000
Premium/Discount to List
$36,000
7.21%
Current Estimated Value
$629,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,167
Avg. Annual Appreciation
2.29%
Original Mortgage
$107,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 27, 2001
Sold by
Dromy Ely and Remba Melvin J
Bought by
1112 Investment Company Llc

Purchase Details

Closed on
Aug 11, 2000
Sold by
1112 Investment Company Llc
Bought by
Dromy Ely and Remba Melvin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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Average Value
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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
Marchand Shimon $535,000 Equity Title Company
1112 Investment Company Llc -- Chicago Title
Dromy Ely -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marchand Shimon $376,172
Closed Marchand Shimon $107,000
Previous Owner Marchand Shimon $374,000
Previous Owner 1112 Investment Co Llc $276,000
Previous Owner 1112 Investment Co Llc $279,000
Previous Owner Dromy Ely $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Rented $2,850 -1.6% --
08/06/2018 08/06/18 Price Changed $2,895 -3.3% $4 / Sq Ft
07/16/2018 07/16/18 For Rent $2,995 0.0% --
07/12/2018 07/12/18 Sold $535,000 +7.2% $698 / Sq Ft
05/07/2018 05/07/18 For Sale $499,000 -- $651 / 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 $7,306 $596,798 $477,440 $119,358
2024 $7,306 $585,097 $468,079 $117,018
2023 $7,186 $573,625 $458,901 $114,724
2022 $6,826 $562,378 $449,903 $112,475
2021 $6,785 $551,352 $441,082 $110,270
2019 $6,564 $535,000 $428,000 $107,000
2018 $2,146 $151,929 $46,679 $105,250
2016 $2,054 $146,031 $44,867 $101,164
2015 $2,025 $143,839 $44,194 $99,645
2014 $2,032 $141,023 $43,329 $97,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-365820

The MLS

APN: 5554-026-142