$892,000 - $1,086,000
RENTED FEB 2, 2025

11989 Laurelwood Dr Unit 1 Studio City, CA 91604

3 Beds
2.5 Baths
1,855 Sq Ft
10,576 Sq Ft Lot

Last Sold January 10, 2012

Last sale price $460,000 $248 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,831/month

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Sauna
  • North Hollywood Senior High School Rated A
  • Gated Parking
  • Home Gym

About This Home

As of February 2025

Welcome to 11989 Laurelwood Drive Suite 1 which was recently updated, two story Condo in the Heart of Studio City, offering a blend of Luxury, safety and convenience. Step into an elevated area adorned with a tray ceiling showcasing a beautiful crystal Chandelier. The Gas fireplace featuring a granite surround and white mantle, adds warmth to the Cherrywood floors that flow throughout the home. A large sectional sofa and Smart TV with background lighting create a perfect space for relaxation. The updated kitchen boasts stainless steel Maytag Appliances, including a French Door refrigerator with water dispenser, a four-burner range with oven, an overhead microwave and dishwasher. Maple cabinetry with pantry, crown Moulding throughout, Stainless steel Sink, and Granite Counter tops enhance the culinary experience. The spacious dining area off the Kitchen is ideal for entertaining. Central Air and Heat has two units for both levels. Upstairs are all the bedrooms. The Primary Ensuite offers a Luxurious retreat with a Tub, travertine floors surround a walk-in shower, a large mirror and maple cabinetry. This bedroom is quite large with walk-in closet and generous sized windows. While Bedroom two, the smallest of the three, is versatile for use of being an office or bedroom, featuring sliding glass mirrored doors. Theres a hall bathroom for the two other bedrooms to share with a walk-in shower, granite counters and large mirror. Gym and Sauna with Private bathroom, Gated Garage with two tandem parking spots and building has 3 Guests parking spots for first comers. BBQ Grill and grassy area to enjoy at the bottom of the property.

Last Agent to Rent the Property

Shannon Brown

Beach To Hills Homes Brokerage Phone: 562-746-5522 License #01366635 Listed on: 12/29/2024

Last Renter's Agent

Shannon Brown

Beach To Hills Homes Brokerage Phone: 562-746-5522 License #01366635 Listed on: 12/29/2024

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,075

Year Built

  • Built in 2004

Lot Details

  • 10,576

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,855 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Home Gym
  • Pots and Pans Drawers
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Schools

  • Carpenter Charter Elementary School

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Additional Features

  • Energy-Efficient Windows
  • Exterior Lighting
  • Two or More Common Walls

Listing and Financial Details

  • Security Deposit $5,995
  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Available 2/1/25
  • Tax Lot 1
  • Tax Tract Number 53414
  • Assessor Parcel Number 2369017036
  • Seller Considering Concessions

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • $125 HOA Transfer Fee
  • 6 Units
  • HOA Organization Association

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $1,000

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,075

Year Built

Built in 2004

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2025-02-01
  • Credit Check Paid By: Tenant
  • Deposit Key: 250
  • Deposit Other: 75
  • Deposit Pets: 1000
  • Deposit Security: 5995
  • Furnished: Partially
  • Pets Allowed: Call
  • Transfer Fees: 125.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 2369017036
  • Year Built: 2004
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1855.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 3.23
  • Room Type: All Bedrooms Up, Exercise Room, Kitchen, Laundry, Primary Suite
  • Room Kitchen Features: Pots & Pan Drawers

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated, Private, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Sauna, Barbecue, Gym/Ex Room, Maintenance Front Yard
  • Association Name: HOA Organization
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • Elementary School: Carpenter Charter
  • Elementary School #2: CARCHA

Green Features

  • Efficiency: Windows

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 10578.00
  • Lot Size Acres: 0.2428

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 10578.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Census Tract: 1438.01
  • Tax Lot: 1
  • Tax Tract Number: 53414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2018
Sold by
Mays Silva and Demirchyan Viemo
Bought by
Mays Silva
Current Estimated Value
$1,001,325

Purchase Details

Closed on
Dec 27, 2017
Sold by
Demirchyan Viemo and Karagenyan Conya
Bought by
Mays Silva and Demirchyan Viemo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$323,460
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$677,865

Purchase Details

Closed on
Dec 19, 2017
Sold by
Mays John A
Bought by
Mays Silva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Outstanding Balance
$323,460
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$677,865

Purchase Details

Listed on
Dec 28, 2010
Closed on
Dec 21, 2011
Sold by
Zamora Nancy and Bankruptcy Estate Of Shirin Za
Bought by
Demirchyan Viemo and Karagerzyan Sonya
Seller's Agent
Mariyan Khosravizadeh
No Firm Affiliation
Buyer's Agent
Mariyan Khosravizadeh
No Firm Affiliation
Sold Price
$460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$414,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2011
Sold by
Zandieh Shirin
Bought by
Residential Property Management Trust

Purchase Details

Closed on
Mar 8, 2006
Sold by
Khadivian Sohrab
Bought by
Zandieh Shirin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 22, 2005
Sold by
Khadivian Sohrab
Bought by
Zandieh Shirin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 5, 2005
Sold by
Khadivian Sohrob
Bought by
Zandieh Shirin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 1, 2005
Sold by
Silverberg Marcus Alan
Bought by
Silverberg Staci A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2005
Sold by
Laurelwood Apts Inc
Bought by
Zandieh Shirin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2005
Sold by
Laurelwood Apt Inc
Bought by
Florio Carlotta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
4.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Laurelwood Development Llc
Bought by
Laurelwood Apt Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving
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
Mays Silva -- Provident Title Company
Mays Silva -- Lawyers Title Company
Mays Silva -- Lawyers Title
Demirchyan Viemo -- Calcounties Title Nation
Zandieh Shirin -- Calcounties Title Nation
Residential Property Management Trust -- None Available
Zandieh Shirin -- American Coast Title Company
Zandieh Shirin -- Chicago Title
Zandieh Shirin -- Chicago Title Co
Silverberg Staci A -- Chicago Title Co
Zandieh Shirin $630,000 Chicago Title Co
Florio Carlotta $750,000 Chicago Title Co
Laurelwood Apt Inc $625,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mays Silva $385,000
Closed Demirchyan Viemo $414,000
Previous Owner Zandieh Shirin $672,000
Previous Owner Zandieh Shirin $115,000
Previous Owner Zandieh Shirin $504,000
Previous Owner Laurelwood Apt Inc $7,000,000
Closed Zandieh Shirin $63,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/02/2025 02/02/25 Rented $5,995 0.0% --
01/12/2025 01/12/25 Under Contract -- -- --
12/29/2024 12/29/24 For Rent $5,995 0.0% --
01/10/2012 01/10/12 Sold $460,000 -- $248 / Sq Ft View Prior Sale
12/28/2010 12/28/10 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,075 $590,332 $301,446 $288,886
2024 $7,075 $578,758 $295,536 $283,222
2023 $6,938 $567,411 $289,742 $277,669
2022 $6,612 $556,286 $284,061 $272,225
2021 $6,523 $545,380 $278,492 $266,888
2020 $6,586 $539,789 $275,637 $264,152
2019 $6,324 $529,206 $270,233 $258,973
2018 $6,288 $518,831 $264,935 $253,896
2016 $5,995 $498,687 $254,649 $244,038
2015 $5,907 $491,197 $250,824 $240,373
2014 $5,928 $481,576 $245,911 $235,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24255108

California Regional Multiple Listing Service (CRMLS)

APN: 2369-017-036