NOT LISTED FOR SALE

Estimated Value: $1,001,428

3 Beds
3 Baths
2,016 Sq Ft
$497/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2024

Last sale price $1,075,000 $533 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,622 / mo

4 Days on Market

Highlights

  • Panoramic View
  • Post and Beam
  • No HOA
  • Lincoln High School Rated A-
  • Wood Flooring
  • Den

About This Home

As of June 2024

Widely celebrated across national and international press, the much-talked-about and notable Stilt House offers sweeping panoramic views that stretch from Griffith Observatory and the Hollywood Sign to DTLA and all the way to Catalina Island, featured in the 1995 Michael Mann film 'Heat' which starred Al Pacino and Robert Deniro. Conceptualized and constructed at the height of the midcentury modern movement, this architectural home served as a case study for the engineering program at Cal State University, Los Angeles. The property combines two parcels to form a street-to-street lot, with the opportunity to build a lower level or an ADU (Accessory Dwelling Unit; buyer to verify local requirements). Dine al-fresco and enjoy incredible ocean vistas from the 60-foot rear deck that spans the city-facing side of the home, accessed through multiple sets of sliding glass doors from the interior spaces. The kitchen is appointed with original orange hand-fired tile, KitchenAid appliances, decorative stained glass, and wine refrigerator. The primary bathroom is spacious and offers a separate shower, dual-sink vanity, and soaking tub. There is also a mini bar, putting green, 200-square-foot enclosed carport studio, and lower deck and yard. Welcome to your new retreat just moments to downtown's burgeoning social, entertainment, and dining scenes.

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 04/08/2024

Compass

Co-Listed By

Joshua F. Smith

Compass License #01739044

Last Buyer's Agent

Charisse Okamoto

Caliber Real Estate Group License #01865682

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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 10,027 Sq Ft Lot
  • Property is zoned LCR2*

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Trees

Home Design

  • Post and Beam

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Den
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Driveway

Outdoor Features

  • Outdoor Grill

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5229-011-033

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

10,027 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Post & Beam
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2016
  • Lot Acreage: 0.2304
  • Stories: 1
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Refrigerator, Range/Oven, Barbeque, Dishwasher, Dryer, Washer
  • Price Per S Q F T: 585.32

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Panoramic, City Lights, City, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Carport, Driveway, Garage

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5229-011-033
  • Lot Size Area: 10027

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Jun 7, 2024
Sold by
Bought by
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Charisse Okamoto
Caliber Real Estate Group
List Price
$1,180,000
Sold Price
$1,075,000
Premium/Discount to List
-$105,000
-8.9%
Views
23
Current Estimated Value
$1,001,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,572
Avg. Annual Appreciation
-3.27%

Purchase Details

Listed on
Apr 8, 2024
Closed on
Apr 18, 2024
Sold by
Bought by
Seller's Agent
Sally Forster Jones
Compass
Buyer's Agent
Charisse Okamoto
Caliber Real Estate Group
List Price
$1,180,000
Sold Price
$1,075,000
Premium/Discount to List
-$105,000
-8.9%
Views
23

Purchase Details

Closed on
Jun 4, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,600
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
7%

Purchase Details

Closed on
Mar 9, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,390
Interest Rate
8.15%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$990,000 Fidelity National Title
$990,000 Fidelity National Title
$289,500 Landamerica Commonwealth
$289,500 Landamerica Commonwealth
$206,000 Commonwealth Land Title Co
$140,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $231,600
Previous Owner $164,800
Previous Owner $138,390
Closed $28,900
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $1,075,000 -8.9% $533 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/08/2024 04/08/24 For Sale $1,180,000 -- $585 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,411 $1,009,800 $706,860 $302,940
2024 $6,134 $406,805 $236,958 $169,847
2023 $5,866 $398,829 $232,312 $166,517
2022 $5,611 $391,009 $227,757 $163,252
2021 $5,541 $383,343 $223,292 $160,051
2019 $5,382 $371,974 $216,670 $155,304
2018 $5,234 $364,681 $212,422 $152,259
2016 $5,010 $350,522 $204,174 $146,348
2015 $4,937 $345,258 $201,108 $144,150
2014 $4,941 $338,496 $197,169 $141,327
Source: Public Records

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Map

Source: The MLS

MLS Number: 24-371143

The MLS

APN: 5229-011-033

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