NOT LISTED FOR SALE

1248 N Laurel Ave Unit 304 West Hollywood, CA 90046

Estimated Value: $1,092,000 - $1,476,000

2 Beds
2 Baths
1,570 Sq Ft
0.35 Acres

Last Sold August 17, 2018

Last sale price $1,070,000 $682 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,112/month

Highlights

  • City Lights View
  • Contemporary Architecture
  • Covered Patio or Porch
  • 0.35 Acre Lot
  • Wood Flooring
  • 3-minute walk to Laurel Avenue Park

About This Home

As of March 2021

South-facing light and bright 2 bedroom, 2 bath in one of WeHos most coveted neighborhoods. Incredibly spacious unit featuring beautiful oak hardwood floors, huge chefs kitchen with high-end appliances, formal dining room. The Great room opens to a large terrace, perfect for entertaining. Location doesn't get much better - walk to the best bars and restaurants on Sunset and Santa Monica Blvd., Whole Foods, Gelson's.

Last Agent to Rent the Property

Chad Lurtsema

The CMLgroup, Inc. License #01344540 Listed on: 03/08/2021

Last Renter's Agent

Chad Lurtsema

The CMLgroup, Inc. License #01344540 Listed on: 03/08/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,309

Year Built

  • Built in 2007

Lot Details

  • 0.35

Parking

  • 2 Parking Spaces

Property Views

  • City Lights
  • Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,570 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $9,390
  • Tenant pays for electricity, gas, move in fee
  • 12 Month Lease Term
  • Assessor Parcel Number 5554-011-039

Community Details

Amenities

  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$14,309

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Security Deposit: 9390
  • Tenant Pays: Electricity, Gas, Move In Fee

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1570
  • Lot Acreage: 0.3521
  • Stories: 4
  • Year Built: 2007
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer, Alarm System, Vented Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 2.86

Exterior Features

  • Pool: No
  • View: City, City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Elevator
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5554-011-039
  • Lot Size Area: 15337

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2018
Closed on
Aug 7, 2018
Sold by
Yasharel Omid and The Omid Yasharel Revocable Tr
Bought by
Chen Jian and Chen Mian
Seller's Agent
Ian Rhodes
Keller Williams Realty Los Feliz
Buyer's Agent
Nancy Lewis
KW Advisors
List Price
$1,100,000
Sold Price
$1,070,000
Premium/Discount to List
-$30,000
-2.73%
Current Estimated Value
$1,300,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,124
Avg. Annual Appreciation
2.76%

Purchase Details

Closed on
Jun 5, 2012
Sold by
Yasharel Omid
Bought by
Yasharel Omid and The Omid Yasharel Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2011
Sold by
Yasharel Omid
Bought by
Yasharel Omid and The Omid Yasharel Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2010
Sold by
Yasharel Omid
Bought by
Yasharel Omid and The Omid Yasharel Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2009
Sold by
1248 North Laurel Investors Llc
Bought by
Yasharel Omid and Omid Yaharel Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$561,600
Interest Rate
5.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Jian $1,070,000 Fidelity National Title
Yasharel Omid -- Advantage Title Inc
Yasharel Omid -- Advantage Title Inc
Yasharel Omid -- Servicelink
Yasharel Omid -- Servicelink
Yasharel Omid -- Accommodation
Yasharel Omid -- First American Title Company
Yasharel Omid -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yasharel Omid $540,000
Previous Owner Yasharel Omid $541,000
Previous Owner Yasharel Omid $543,750
Previous Owner Yasharel Omid $561,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2021 03/28/21 Rented $4,400 -2.1% --
03/11/2021 03/11/21 Price Changed $4,495 -10.0% $3 / Sq Ft
03/08/2021 03/08/21 For Rent $4,995 +13.5% --
10/13/2020 10/13/20 Rented $4,400 -2.1% --
10/08/2020 10/08/20 Price Changed $4,495 -0.1% $3 / Sq Ft
09/23/2020 09/23/20 Price Changed $4,500 -2.1% $3 / Sq Ft
09/11/2020 09/11/20 Price Changed $4,595 -2.1% $3 / Sq Ft
08/27/2020 08/27/20 For Rent $4,695 -2.1% --
10/11/2018 10/11/18 Rented $4,795 0.0% --
09/19/2018 09/19/18 Price Changed $4,795 -4.0% $3 / Sq Ft
09/11/2018 09/11/18 For Rent $4,995 0.0% --
08/17/2018 08/17/18 Sold $1,070,000 -2.7% $647 / Sq Ft View Prior Sale
08/04/2018 08/04/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $1,100,000 -- $665 / 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 $14,309 $1,193,602 $238,719 $954,883
2024 $14,309 $1,170,199 $234,039 $936,160
2023 $14,061 $1,147,254 $229,450 $917,804
2022 $13,350 $1,124,759 $224,951 $899,808
2021 $13,237 $1,102,706 $220,541 $882,165
2020 $13,354 $1,091,400 $218,280 $873,120
2019 $12,802 $1,070,000 $214,000 $856,000
2018 $9,753 $796,383 $481,461 $314,922
2016 $9,337 $765,461 $462,766 $302,695
2015 $9,189 $753,964 $455,815 $298,149
2014 $9,185 $739,196 $446,887 $292,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-702314

The MLS

APN: 5554-011-039