NOT LISTED FOR SALE

12026 Hoffman St Unit 202 Studio City, CA 91604

Estimated Value: $1,004,000 - $1,150,605

3 Beds
3 Baths
1,630 Sq Ft
$550/ mo HOA Fee

Last Sold January 31, 2020

Last sale price $780,000 $479 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,934/month

95 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • Family Room with Fireplace
  • North Hollywood Senior High School Rated A
  • City View
  • Wood Flooring

About This Home

As of January 2020

Upscale luxury single-story condo in the most coveted area in Studio City. Walking distance to all the neighborhood has to offer, this open floor plan boasts exquisite finishes and tons of natural light. Wood floors, high ceilings, fireplace and upgraded light fixtures encompass the living and dining area, with French doors opening up into your private oasis patio. The spacious kitchen features stainless steel appliances, new JennAir dishwasher, custom shelf genie pantry, beautiful mosaic tiles, and a pass-through bar top which opens into the living area. The master bedroom has its own wing and features a walk-in closet and huge ensuite bathroom with dual vanity and newly updated toilet. Upgrades throughout the home include custom Hunter Douglas shutters and blinds, West Elm light fixtures, Crate and Barrel shelving and solid wood barn doors in guest bedrooms, and custom closets. The complex's amenities include underground parking, rooftop deck, conference room and fully-equipped gym.

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 09/15/2019

Compass

Co-Listed By

Jessalyn Wanlim

Compass License #02023961

Last Buyer's Agent

Craig Strong

Compass License #01450987 Listed on: 09/15/2019

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 0.36

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Assigned Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,630 Sq Ft Home
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Area
  • Wood Flooring
  • City Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 2368-002-073

Community Details

Overview

  • 21 Units

Amenities

  • Sundeck
  • Meeting Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0.36 Acres

HOA Fees

$550 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Hoffman Grove
  • Entry Floor: 2
  • Exclusions: Washer and dryer
  • Living Area: 1630
  • Planned Urban Dev: 0
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Gas Dryer Hookup, Microwave, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 508.59

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Community

Association/Amenities

  • Amenities: Conference, Elevator, Exercise Room, Gated Parking, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 550.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2368-002-073
  • Geocode Override: No
  • Lot Size Area: 15599

Multi Family

  • Number Of Units: 21

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2019
Closed on
Jan 28, 2020
Sold by
Everhard Christian
Bought by
Nguyen Trang H
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Craig Strong
Compass
List Price
$839,000
Sold Price
$780,000
Premium/Discount to List
-$59,000
-7.03%
Current Estimated Value
$1,051,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,901
Avg. Annual Appreciation
4.99%
Original Mortgage
$663,000
Outstanding Balance
$586,914
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$464,987

Purchase Details

Listed on
Sep 15, 2019
Closed on
Dec 26, 2019
Sold by
Meilan Michael and Meilan Ingrid
Bought by
Nguyen Trang H
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Craig Strong
Compass
List Price
$839,000
Sold Price
$780,000
Premium/Discount to List
-$59,000
-7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Outstanding Balance
$586,914
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$464,987

Purchase Details

Closed on
Feb 4, 2016
Sold by
Meilan Michael
Bought by
Meilan Michael and Meilan Ingrid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2015
Closed on
Jul 10, 2015
Sold by
Prosin Aaron M
Bought by
Melian Michael and Meliai Ingrid
Seller's Agent
Rajesh Lund
Berkshire Hathaway HomeServices California Properties
List Price
$735,000
Sold Price
$699,000
Premium/Discount to List
-$36,000
-4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$559,200
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
Sold by
Hoffman Partners Llc
Bought by
Prosin Aaron M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Trang H -- Ticor Title
Nguyen Trang H $780,000 Ticor Title
Meilan Michael -- First American Title Company
Melian Michael $699,000 Fidelity National Title Co
Prosin Aaron M $719,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Trang H $663,000
Previous Owner Meilan Michael $556,000
Previous Owner Melian Michael $559,200
Previous Owner Prosin Aaron M $71,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2020 01/31/20 Sold $780,000 -5.9% $479 / Sq Ft
12/19/2019 12/19/19 Pending -- -- --
12/02/2019 12/02/19 Price Changed $829,000 -1.2% $509 / Sq Ft
11/24/2019 11/24/19 For Sale $839,000 +7.6% $515 / Sq Ft
11/22/2019 11/22/19 Off Market $780,000 -- --
11/14/2019 11/14/19 Price Changed $839,000 -3.5% $515 / Sq Ft
09/15/2019 09/15/19 For Sale $869,000 +24.3% $533 / Sq Ft
08/06/2015 08/06/15 Sold $699,000 -4.9% $429 / Sq Ft View Prior Sale
07/05/2015 07/05/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $735,000 -- $451 / Sq Ft
Source: The MLS

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 $10,213 $853,039 $500,340 $352,699
2024 $10,213 $836,314 $490,530 $345,784
2023 $10,014 $819,916 $480,912 $339,004
2022 $9,543 $803,840 $471,483 $332,357
2021 $10,203 $788,080 $462,239 $325,841
2020 $9,239 $756,617 $387,942 $368,675
2019 $8,869 $741,783 $380,336 $361,447
2018 $8,844 $727,239 $372,879 $354,360
2016 $8,449 $699,000 $358,400 $340,600
2015 $9,672 $801,516 $493,396 $308,120
2014 $9,703 $785,817 $483,732 $302,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-511082

The MLS

APN: 2368-002-073

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