NOT LISTED FOR SALE

1248 N Laurel Ave Unit 102 West Hollywood, CA 90046

Estimated Value: $974,000 - $1,605,000

2 Beds
2 Baths
1,620 Sq Ft
0.35 Acres

Last Sold January 27, 2014

Last sale price $810,000 $500 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,739/month

103 Days on Market

Highlights

  • Gated Parking
  • Built-In Features
  • Walk-In Closet
  • 15,337 Sq Ft lot
  • Intercom
  • 3-minute walk to Laurel Avenue Park

About This Home

As of January 2014

PRICED TO MOVE! The two units directly above recently sold for $1,050,000 ($580/sqft) and $1,250,000 ($691/sqft)!!! Stunning designer done, front facing unit in a beautiful 6 year old building in prime WeHo. 2bed/2ba in 1,620 sqft (per developer). Huge light, bright, open living room with fireplace and custom built bookshelves and 2 sets of french doors opening up to an approximately 300sqft private balcony overlooking Laurel Ave, perfect for BBQ'ing! Huge state of the art kitchen with Bosch appliances, wine fridge and tons of storage and counter space. Gorgeous master bath with dual vanities and separate tub/shower. Second bedroom currently used as an office with a beautiful built in office system - easily converted back to a bedroom. 2nd patio accessible from either the master or the living room. Bonus large utility room off of the kitchen with tons of extra storage, central AC/heat, full size washer/dryer, and surround sound built in speakers in living room.

Last Agent to Sell the Property

Jefferson Hendrick

Christie's International Real Estate SoCal License #01409501 Listed on: 09/05/2013

Christie's International Real Estate SoCal

Co-Listed By

Rajeev Ahluwalia

Keller Williams Hollywood Hills License #01767230

Last Buyer's Agent

Jeanette Hamming

PLG Estates License #01507580

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,972

Year Built

  • Built in 2007

Lot Details

  • 0.35

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,620 Sq Ft Home
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Intercom
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Parking Garage Space
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5554-011-029

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 16 Units
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,972

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Complex Name: The Milano
  • Entry Floor: 1
  • Living Area: 1620
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 2007
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 493.21

Exterior Features

  • Balcony: Yes (2)
  • Tennis Court Y/N: No
  • Exposure: West
  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Controlled Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Controlled Access, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 399.00
  • Unit Location: Front

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5554-011-029
  • Geocode Override: No
  • Lot Size Area: 15337

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2013
Closed on
Dec 20, 2013
Sold by
Grossman Brian M
Bought by
Richmond Md Harvey S
Seller's Agent
Jefferson Hendrick
Christie's International Real Estate SoCal
Buyer's Agent
Jeanette Hamming
PLG Estates
List Price
$899,000
Sold Price
$810,000
Premium/Discount to List
-$89,000
-9.9%
Current Estimated Value
$1,266,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$456,512
Avg. Annual Appreciation
3.86%
Original Mortgage
$526,500
Outstanding Balance
$380,670
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$878,728

Purchase Details

Listed on
Sep 5, 2013
Closed on
Dec 19, 2013
Sold by
Grossman Christy
Bought by
Grossman Brian
Seller's Agent
Jefferson Hendrick
Christie's International Real Estate SoCal
Buyer's Agent
Jeanette Hamming
PLG Estates
List Price
$899,000
Sold Price
$810,000
Premium/Discount to List
-$89,000
-9.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Outstanding Balance
$380,670
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$878,728

Purchase Details

Closed on
Jul 28, 2009
Sold by
1248 North Laurel Investors Llc
Bought by
Grossman Brian M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,750
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Richmond Md Harvey S $810,000 Title 365
Grossman Brian -- Title 365
Grossman Brian M -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond Md Harvey S $526,500
Previous Owner Grossman Brian M $501,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2014 01/27/14 Sold $810,000 +1.4% $500 / Sq Ft
12/10/2013 12/10/13 Price Changed $799,000 -5.9% $493 / Sq Ft
11/07/2013 11/07/13 Price Changed $849,000 -5.6% $524 / Sq Ft
09/05/2013 09/05/13 For Sale $899,000 -- $555 / 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 $11,972 $992,936 $646,759 $346,177
2024 $11,972 $973,468 $634,078 $339,390
2023 $11,767 $954,382 $621,646 $332,736
2022 $11,174 $935,669 $609,457 $326,212
2021 $11,083 $917,323 $597,507 $319,816
2019 $10,720 $890,117 $579,786 $310,331
2018 $10,645 $872,665 $568,418 $304,247
2016 $10,194 $838,781 $546,347 $292,434
2015 $9,950 $826,183 $538,141 $288,042
2014 $8,770 $704,450 $407,507 $296,943
Source: Public Records

Agents Affiliated with this Home

  • Jefferson Hendrick

    Seller's Agent in 2014

    Jefferson Hendrick

    Christie's International Real Estate SoCal

    (323) 251-7883

    4 in this area

    23 Total Sales

    Jefferson Hendrick
    Section Image

  • R

    Seller Co-Listing Agent in 2014

    Rajeev Ahluwalia

    Keller Williams Hollywood Hills

  • J

    Buyer's Agent in 2014

    Jeanette Hamming

    PLG Estates

    (310) 497-8312

    6 Total Sales

    Jeanette Hamming
    Section Image
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Map

Source: The MLS

MLS Number: 13-701825

The MLS

APN: 5554-011-029

California Los Angeles County West Hollywood 90046

1248 N Laurel Ave Unit 102, West Hollywood, CA

This home is located at 1248 N Laurel Ave Unit 102, West Hollywood, CA 90046 since 05 September 2013 and is currently estimated at $1,266,512, approximately $781 per square foot. This property was built in 2007. 1248 N Laurel Ave Unit 102 is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

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