NOT LISTED FOR SALE

11687 Bellagio Rd Unit 5 Los Angeles, CA 90049

Bel Air Neighborhood

Estimated Value: $1,001,000 - $1,279,000

2 Beds
3 Baths
2,030 Sq Ft
$1,113/mo HOA Fee

Last Sold July 25, 2024

Last sale price $958,000 $472 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,812/month

44 Days on Market

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • Living Room with Fireplace
  • Warner Avenue Elementary Rated A
  • Two Primary Bathrooms
  • Traditional Architecture

About This Home

As of July 2024

Discover an exceptional opportunity for value enhancement with this Original Condition FIXER boasting outstanding upside potential and over 2,000 square feet of living space. This residence is situated within a low-density building comprising just 15 units and promises a tranquil and exclusive lifestyle. Upon entering, experience the generous layout reminiscent of a standalone house rather than a typical condo. Both bedrooms offer lavish suites for ultimate privacy and comfort, featuring sliding doors opening onto semi-private outdoor spaces that seamlessly merge with nature and flood the interiors with natural light. A private front patio provides a delightful outdoor sanctuary for enjoying morning coffee or hosting intimate gatherings. Residents enjoy access to various amenities, including a refreshing pool and tennis court, which are ideal for leisure and recreation. Additionally, the convenience of an in-unit washer and dryer elevates the ease and comfort of everyday living. Whether you envision personalizing this space into your dream home or seeking a spacious retreat with boundless potential, this two-bedroom, three-bathroom condo presents an unmatched opportunity to craft your paradise in a highly sought-after location.

Last Agent to Sell the Property

Dominic Pietrangelo

eXp Realty of Greater Los Angeles License #01860025 Listed on: 05/09/2024

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Ray Akbari

The Agency License #01447600

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,960

Year Built

  • Built in 1978

Lot Details

  • 0.82

HOA Fees

  • $1,113 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Fixer Upper

Interior Spaces

  • 2,030 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • 3 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Controlled Entrance

Additional Features

  • In Ground Pool
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4368-017-034

Community Details

Overview

  • 15 Units
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,960

Year Built

Built in 1978

Lot Details

0

HOA Fees

$1,113 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Bel Air Courtside HOA
  • Entry Floor: 1
  • Living Area: 2030
  • Lot Acreage: 0.8213
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1978
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area
  • Laundry: Inside, Laundry Area, In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 443.35

Exterior Features

  • Pool Description: Association Pool
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Tennis Courts, Pool, Assoc Maintains Landscape, Assoc Pet Rules
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 1112.66
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4368-017-034
  • Lot Size Area: 35777

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jul 18, 2024
Sold by
Rahimzadeh Dana and Rahimzadeh Mariam Nathan
Bought by
Beyzaee Afshin and Beyzaee Maryam
Seller's Agent
Dominic Pietrangelo
eXp Realty of Greater Los Angeles
Buyer's Agent
Ray Akbari
The Agency
List Price
$999,999
Sold Price
$958,000
Premium/Discount to List
-$41,999
-4.2%
Views
47
Current Estimated Value
$1,094,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,561
Avg. Annual Appreciation
11.54%
Original Mortgage
$670,600
Outstanding Balance
$662,529
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$432,032

Purchase Details

Listed on
Sep 11, 2014
Closed on
Feb 23, 2015
Sold by
Saltsman Jay R and Saltsman Yolanda M
Bought by
Rahimzadeh Dana and Rahimzadeh Mariam Nathan
Seller's Agent
Don Hecker
HECKER PROPERTIES
Buyer's Agent
Don Hecker
HECKER PROPERTIES
List Price
$810,000
Sold Price
$750,000
Premium/Discount to List
-$60,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%

Purchase Details

Closed on
Nov 14, 2012
Sold by
Saltsman Jeffrey H
Bought by
Saltsman Jeffrey H and Jeffrey H Saltsman Family Trus

Purchase Details

Closed on
Oct 11, 2011
Sold by
Saltsman Jay R and Saltsman Ralph B
Bought by
Saltsman Jay R and Saltsman Yolanda M

Purchase Details

Closed on
Dec 28, 2008
Sold by
Saltsman Jay R and Saltsman Ralph B
Bought by
Saltsman Jay R and Saltsman Ralph B

Purchase Details

Closed on
May 12, 1994
Sold by
Saltsman Louis M and Saltsman Florence B
Bought by
Saltsman Louis M and Saltsman Florence B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.1%

Purchase Details

Closed on
Apr 19, 1994
Sold by
Saltsman Louis M and Saltsman Florence B
Bought by
Saltsman Louis M and Saltsman Florence B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
8.1%
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
Beyzaee Afshin $958,000 Chicago Title Company
Rahimzadeh Dana $750,000 Lawyers Title Company
Saltsman Jeffrey H -- None Available
Saltsman Jay R -- None Available
Saltsman Jay R -- None Available
Saltsman Louis M -- Old Republic Title
Saltsman Louis M -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beyzaee Afshin $670,600
Previous Owner Saltsman Louis M $70,000
Previous Owner Saltsman Louis M $129,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2024 07/25/24 Sold $958,000 +6.4% $472 / Sq Ft
06/22/2024 06/22/24 Pending -- -- --
06/15/2024 06/15/24 Price Changed $899,999 -10.0% $443 / Sq Ft
05/09/2024 05/09/24 For Sale $999,999 +33.3% $493 / Sq Ft
03/30/2015 03/30/15 Sold $750,000 -5.7% $369 / Sq Ft View Prior Sale
01/19/2015 01/19/15 Price Changed $795,000 -1.9% $392 / Sq Ft
01/05/2015 01/05/15 For Sale $810,000 0.0% $399 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
11/22/2014 11/22/14 Price Changed $810,000 -1.1% $399 / Sq Ft
09/11/2014 09/11/14 For Sale $819,000 -- $403 / 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 $10,960 $958,000 $345,000 $613,000
2024 $10,960 $883,704 $294,566 $589,138
2023 $10,753 $866,378 $288,791 $577,587
2022 $10,284 $849,391 $283,129 $566,262
2021 $10,153 $832,737 $277,578 $555,159
2019 $9,784 $808,040 $269,346 $538,694
2018 $9,744 $792,197 $264,065 $528,132
2016 $9,279 $761,437 $253,812 $507,625
2015 $6,507 $535,809 $317,424 $218,385
2014 $6,532 $525,315 $311,207 $214,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-390013

The MLS

APN: 4368-017-034