NOT LISTED FOR SALE

12044 Hoffman St Unit PH1 Studio City, CA 91604

Estimated Value: $1,124,000 - $1,351,000

3 Beds
2.5 Baths
1,670 Sq Ft
$557/ mo HOA Fee

Last Sold March 28, 2019

Last sale price $1,129,000 $676 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,184/month

18 Days on Market

Highlights

  • Fitness Center
  • Mountain View
  • Wood Flooring
  • North Hollywood Senior High School Rated A
  • Contemporary Architecture
  • Furnished

About This Home

As of March 2019

FRONT FACING LUXURIOUS SPACIOUS 1700 SQFT 3BR/2.5BA PENTHOUSE CONDO. 2 PARKING SPOTS BY ELEVATOR BOTH WITH ABILITY TO GET OUT AND NOT BLOCK . IN THE HEART OF STUDIO CITY, ACROSS FROM CBS/RADFORD STUDIOS, WALKING DISTANCE FROM VENTURA, SUSHI ROW, LEMONADE, JONES ON 3RD, ALFRED'S COFFEE, TRADER JOES, COFFEE BEAN, STARBUCKS, BANKS, PHARMACIES, AND GREAT RESTAURANTS, SHOPS, AND BARS. BUILT WITH THE FINEST MATERIALS AND UPGRADES. FULL GYM DOWNSTAIRS AND FURNISHED ROOFTOP. SKYLIGHTS, FRONT FACING, HIGH-CEILINGS, GOURMET KITCHEN INCLUDING A VIKING RANGE AND STAINLESS STEEL APPLIANCES, 2-SINKS/SPA TUB AND LARGE SHOWER IN MASTER BATH, FORMAL POWDER ROOM, WOOD AND STONE FLOORS, NO CARPET, SURROUND SOUND , FLAT SCREENS, 3 TIER SOFFITED/COFFERED CEILINGS, 2 LARGE FRONT FACING BALCONIES, FIRE PLACE CREATES AMBIENCE. BUYER/BUYER'S AGENT TO VERIFY EXACT SQ. FOOTAGE. ALSO FOR LEASE FOR $6000/MONTH. ALSO AVAILABLE FURNISHED FOR $6500/MONTH. PRICES BASED ON 1 YR LEASE. OTHER LEASE TERMS ARE AVAILABLE.

Last Agent to Sell the Property

Lior Gamliel

Lior Gamliel License #01383976 Listed on: 01/26/2019

Last Buyer's Agent

Laura Cutrona

Coldwell Banker Realty License #02004042

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 0.36

HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 1,670 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2368-002-127

Community Details

Overview

  • 21 Units

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0.36 Acres

HOA Fees

$557 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Studio Villas South
  • Entry Floor: 4
  • Living Area: 1670
  • Planned Urban Dev: 0
  • Stories: 4
  • Year Built: 2007
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Fireplace: Yes
  • Price Per S Q F T: 700.00

Exterior Features

  • Balcony: 2 Large
  • Tennis Court Y/N: No
  • Exposure: North
  • Pool: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Exercise Room
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Annually
  • HOA Fees: 499.00
  • HOA Fees: 700.00
  • HOA: Yes
  • Unit Location: Front Top

Lot Info

  • Assessor Parcel Number: 2368-002-127
  • Geocode Override: No
  • Lot Size Area: 15599

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Morovati Morad
Bought by
Morad Morovati Living Trust and Morovati
Current Estimated Value
$1,225,793

Purchase Details

Listed on
Jan 26, 2019
Closed on
Mar 15, 2019
Sold by
Gamliel Lior
Bought by
Morovati Morad
Seller's Agent
Lior Gamliel
Lior Gamliel
Buyer's Agent
Laura Cutrona
Coldwell Banker Realty
List Price
$1,169,000
Sold Price
$1,129,000
Premium/Discount to List
-$40,000
-3.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.19%
Original Mortgage
$790,300
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2017
Sold by
Gamliel Mazliach and Gamliel Development Trust
Bought by
Gamliel Lior

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,000
Interest Rate
2.15%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 2, 2011
Sold by
Gamliel Lior
Bought by
Gamliel Mazliach and The Gamliel Development Trust

Purchase Details

Closed on
May 7, 2008
Sold by
12044 Hoffman Llc
Bought by
Gamliel Lior
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morad Morovati Living Trust -- None Listed On Document
Morovati Morad $1,129,000 Chicago Title Company
Gamliel Lior -- Fidelity Sherman Oaks
Gamliel Mazliach -- Accommodation
Gamliel Lior -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morovati Morad $790,300
Previous Owner Gamliel Lior $481,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2019 03/28/19 Sold $1,129,000 -3.4% $676 / Sq Ft
01/26/2019 01/26/19 For Sale $1,169,000 -- $700 / 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 $14,988 $1,259,418 $824,367 $435,051
2024 $14,988 $1,234,724 $808,203 $426,521
2023 $14,694 $1,210,514 $792,356 $418,158
2022 $14,001 $1,186,779 $776,820 $409,959
2021 $13,831 $1,163,510 $761,589 $401,921
2019 $6,716 $567,468 $352,357 $215,111
2018 $6,796 $556,343 $345,449 $210,894
2016 $6,488 $534,741 $332,036 $202,705
2015 $6,393 $526,710 $327,049 $199,661
2014 $6,416 $516,393 $320,643 $195,750
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lior Gamliel

    Lior Gamliel

    (213) 500-5500

    14 in this area

    15 Total Sales

    Lior Gamliel
    Section Image
  • Laura Cutrona

    Buyer's Agent in 2019

    Laura Cutrona

    Coldwell Banker Realty

    (917) 445-6199

    30 Total Sales

    Laura Cutrona
    Section Image
  • John Barrentine

    Buyer Co-Listing Agent in 2019

    John Barrentine

    Keller Williams Larchmont

    (310) 940-9574

    5 in this area

    106 Total Sales

    John Barrentine
    Section Image
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Map

Source: The MLS

MLS Number: 19-428182

The MLS

APN: 2368-002-127

California Los Angeles County Studio City 91604

12044 Hoffman St Unit PH1, Studio City, CA

Not Listed for Sale

Condos

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