NOT LISTED FOR SALE

117 N Las Palmas Ave Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $5,504,702 - $7,093,000

6 Beds
6 Baths
5,204 Sq Ft
$1,169/Sq Ft Est. Value

Last Sold July 24, 2013

Last sale price $3,160,000 $607 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $35,955/month

15 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Third Street Elementary School Rated A
  • Gated Parking
  • Wood Flooring

About This Home

As of July 2013

Set on a broad, tree-lined street in one of L.A.'s most sought after neighborhoods, this pristine 1927 elegant mediterranean estate simply exudes character. This 5200+ square foot home boasts 6 bedrooms, 6 baths with a classic floor plan with gracious entry hall, formal living room, dining room adorned with original details though out. This home has been meticulously maintained and is just waiting for your own personal touches. Totally energy efficient, home is equipped with solar panels and generator. The backyard is accentuated by its sparkling pool, long gated driveway and two story garage with guest quarters. Come fall in love with this truly special home and neighborhood.

Last Agent to Sell the Property

Nadia Villarreal

Avenue 8, Inc. License #01267278 Listed on: 05/09/2013

Avenue 8, Inc.

Co-Listed By

Anthony Paradise

Sotheby's International Realty License #01888369

Last Buyer's Agent

Out of Area Out of Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,477

Year Built

  • Built in 1927

Lot Details

  • 0.29 Acre Lot
  • Front and Side Yard Sprinklers
  • Property is zoned LARE9

Parking

  • 2 Open Parking Spaces
  • 3 Car Garage
  • Gated Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,204 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Formal Entry
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Library with Fireplace
  • Wood Flooring
  • Laundry Room
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • 6 Full Bathrooms

Utilities

  • Air Conditioning
  • Central Heating
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Heated In Ground Pool
  • Detached Guest House

Listing and Financial Details

  • Assessor Parcel Number 5513-009-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,477

Year Built

Built in 1927

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5204
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room, Master Bedroom
  • Flooring: Hardwood, Mixed
  • Bedrooms: 6
  • Fireplaces: 3
  • Full Bathroom: 6
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Equipment: Dishwasher, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 575.52

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool Description: Heated
  • Pool: Yes
  • Roof: Tile
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Covered Parking: 3
  • Parking Garage: Gated

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street
  • Water: In Street

Lot Info

  • Sprinklers: Front, Side
  • Assessor Parcel Number: 5513-009-016
  • Geocode Override: No
  • Lot Size Area: 12426

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2013
Closed on
Jul 19, 2013
Sold by
Nickerson Ronald F and Beeks Pamela Nickerson
Bought by
Manela Yosef and Manela Naomi
Seller's Agent
Nadia Villarreal
Avenue 8, Inc.
Buyer's Agent
Out of Area Out of Area
List Price
$2,995,000
Sold Price
$3,160,000
Premium/Discount to List
$165,000
5.51%
Current Estimated Value
$6,083,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,923,426
Avg. Annual Appreciation
5.49%
Original Mortgage
$2,054,000
Outstanding Balance
$1,486,187
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$4,597,239

Purchase Details

Listed on
May 9, 2013
Closed on
Jun 5, 2013
Sold by
Beets Pamela Helene Nickerson and Nickerson Ronald Francis
Bought by
Nickerson Ronald F and Beets Pamela Nickerson
Seller's Agent
Nadia Villarreal
Avenue 8, Inc.
Buyer's Agent
Out of Area Out of Area
List Price
$2,995,000
Sold Price
$3,160,000
Premium/Discount to List
$165,000
5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,054,000
Outstanding Balance
$1,486,187
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$4,597,239

Purchase Details

Closed on
May 9, 2012
Sold by
Nickerson Ronald Francis
Bought by
Beets Pamela Helene Nickerson and Nickerson Ronald Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2012
Sold by
Beets Pamela Helene Nickerson and Nickerson Ronald Francis
Bought by
Nickerson Ronald Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2010
Sold by
Nickerson Ronald Francis
Bought by
Beeks Pamela Helene Nickerson and Nickerson Ronald Francis

Purchase Details

Closed on
Oct 26, 2009
Sold by
Nickerson Christina
Bought by
Nickerson Ronald Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2009
Sold by
Beeks Pamela Helene Nickerson and Nickerson Ronald Francis
Bought by
Nickerson Ronald Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Marx Helen N
Bought by
Beeks Pamela Helene Nickerson and Nickerson Ronald Francis

Purchase Details

Closed on
Sep 18, 2002
Sold by
Beeks Pamela Helene Nickerson and Nickerson Ronald Francis
Bought by
Marx Helen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2001
Sold by
Marx Helen N
Bought by
Beeks Pamela Helene Nickerson and Nickerson Ronald Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7%

Purchase Details

Closed on
Apr 11, 2001
Sold by
Beeks Pamela Helene Nickerson and Nickerson Ronald Francis
Bought by
Marx Helen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7%

Purchase Details

Closed on
Dec 2, 1999
Sold by
Marx Helen V
Bought by
Beeks Pamela Helene Nickerson and Nickerson Ronald Francis

Purchase Details

Closed on
Nov 17, 1999
Sold by
Marx Helen V Trust
Bought by
Marx Helen V

Purchase Details

Closed on
Jun 3, 1999
Sold by
Marx Helen V
Bought by
Beeks Pamela Helene Nickerson and Nickerson Ronald Francis
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
Manela Yosef $3,160,031 Equity Title Company
Beeks Pamela Nickerson -- Equity Title
Nickerson Ronald F -- Chicago Title Company
Beets Pamela Helene Nickerson -- First American Title Company
Nickerson Ronald Francis -- First American Title Company
Nickerson Ronald Francis -- First American Title Company
Beeks Pamela Helene Nickerson -- None Available
Nickerson Ronald Francis -- Chicago Title
Nickerson Ronald Francis -- Chicago Title
Beeks Pamela Helene Nickerson -- --
Marx Helen N -- Fidelity Title
Beeks Pamela Helene Nickerson -- Fidelity Title
Marx Helen N -- Fidelity Title
Beeks Pamela Helene Nickerson -- --
Marx Helen V -- Fidelity Title
Beeks Pamela Helene Nickerson -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manela Yosef $2,054,000
Previous Owner Nickerson Ronald F $500,000
Previous Owner Nickerson Ronald Francis $417,000
Previous Owner Nickerson Ronald Francis $440,000
Previous Owner Nickerson Ronald Francis $440,000
Previous Owner Marx Helen N $520,000
Previous Owner Marx Helen N $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2013 07/24/13 Sold $3,160,000 +5.5% $607 / Sq Ft
05/24/2013 05/24/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $2,995,000 -- $576 / 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 $47,477 $3,963,743 $3,260,793 $702,950
2024 $47,477 $3,886,023 $3,196,856 $689,167
2023 $46,556 $3,809,827 $3,134,173 $675,654
2022 $44,390 $3,735,125 $3,072,719 $662,406
2021 $43,850 $3,661,888 $3,012,470 $649,418
2020 $44,307 $3,624,341 $2,981,581 $642,760
2019 $42,535 $3,472,576 $2,923,119 $549,457
2018 $41,356 $3,404,487 $2,865,803 $538,684
2016 $39,538 $3,272,288 $2,754,521 $517,767
2015 $38,956 $3,223,136 $2,713,146 $509,990
2014 $39,063 $3,160,000 $2,660,000 $500,000
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Nadia Villarreal

    Avenue 8, Inc.

    Section Image

  • A

    Seller Co-Listing Agent in 2013

    Anthony Paradise

    Sotheby's International Realty

    Section Image

  • O

    Buyer's Agent in 2013

    Out of Area Out of Area

See All Agents

Map

Source: The MLS

MLS Number: 13-671217

The MLS

APN: 5513-009-016

California Los Angeles County Los Angeles 90004 Hancock Park

117 N Las Palmas Ave, Los Angeles, CA

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