NOT LISTED FOR SALE

1150 N Orange Grove Ave West Hollywood, CA 90046

Estimated Value: $1,954,000 - $2,222,088

0.17 Acre
$12,558,953 Price per Acre
7,560 Sq Ft Lot

Last Sold June 30, 2015

Last sale price $1,500,000 $752 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $13,771/month

71 Days on Market

About This Lot

As of June 2015

Attention sophisticated buyers...New to the market ~ A builder's dream! Approximately 7,500 square foot lot, approximately 50 foot frontage by 150 depth. The land is flanked by 2 multi-unit condo structures! There is no sign in front. First time in the market in over a decade. Currently 2 small tear down structures on property. North of Santa Monica, South of Fountain. One block East of Fairfax. MOVE FAST!

Last Agent to Sell the Property

Athena Taylor

Coldwell Banker Realty License #01941633 Listed on: 03/30/2015

Coldwell Banker Realty

Co-Listed By

Mike HassanPour

Coldwell Banker Realty License #00819901

Last Buyer's Agent

Fred Malekmehr

License #00792255

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,099

Lot Details

  • 7,560 Sq Ft Lot
  • Property is zoned WDR2*

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5530-002-015

Property Details

Property Type

Land

Est. Annual Taxes

$23,099

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Special Zoning: Property Report, Rent Control
  • Assessor Parcel Number: 5530-002-015
  • Geocode Override: No
  • Lot Size Area: 7560

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2018
Sold by
South Group Properties Llc
Bought by
Orange Grove Properties Llc
Current Estimated Value
$2,163,654

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jun 23, 2015
Sold by
Brasfield William
Bought by
Southwest Group Properties Llc
Seller's Agent
Athena Taylor
Coldwell Banker Realty
Buyer's Agent
Fred Malekmehr
List Price
$1,350,000
Sold Price
$1,500,000
Premium/Discount to List
$150,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%

Purchase Details

Closed on
Sep 20, 2000
Sold by
Bernard Albert Joseph
Bought by
Brasfield William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 9, 1999
Sold by
Brasfield William
Bought by
Brasfield William and Bernard Albert Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,185
Interest Rate
7%

Purchase Details

Closed on
Apr 28, 1999
Sold by
Rikelman Herbert and Rikelman Sharon
Bought by
Brasfield William N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,185
Interest Rate
7%

Purchase Details

Closed on
Jun 1, 1995
Sold by
Gerstner Mark A and Rikelman Herbert
Bought by
Rikelman Herbert and Rikelman Sharon

Purchase Details

Closed on
May 27, 1994
Sold by
Tanella Deceased Robert L
Bought by
Tanella Anna and Gerstner Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
8.53%

Purchase Details

Closed on
May 16, 1994
Sold by
Tanella Anna
Bought by
Gerstner Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
8.53%
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
Orange Grove Properties Llc -- Accommodation
Southwest Group Properties Llc $1,500,000 Equity Title Company
Brasfield William -- Gateway Title Company
Brasfield William -- --
Brasfield William N $315,000 --
Rikelman Herbert $124,612 Chicago Title Company
Gerstner Mark -- California Counties Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brasfield William $500,000
Previous Owner Brasfield William N $139,500
Previous Owner Brasfield William $100,000
Previous Owner Brasfield William N $283,185
Previous Owner Gerstner Mark $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $1,500,000 +11.1% $752 / Sq Ft
06/09/2015 06/09/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $1,350,000 -- $677 / 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 $23,099 $1,802,767 $1,081,661 $721,106
2024 $23,099 $1,767,419 $1,060,452 $706,967
2023 $22,638 $1,732,764 $1,039,659 $693,105
2022 $20,659 $1,698,789 $1,019,274 $679,515
2021 $20,425 $1,665,481 $999,289 $666,192
2020 $20,597 $1,648,405 $989,043 $659,362
2019 $19,734 $1,616,084 $969,650 $646,434
2018 $19,597 $1,584,397 $950,638 $633,759
2016 $18,785 $1,522,875 $913,725 $609,150
2015 $6,409 $473,465 $339,145 $134,320
2014 $6,410 $464,191 $332,502 $131,689
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-891505

The MLS

APN: 5530-002-015