NOT LISTED FOR SALE

1248 N Laurel Ave Unit PH4 West Hollywood, CA 90046

Estimated Value: $1,270,000 - $1,635,000

2 Beds
2 Baths
1,570 Sq Ft
$670/mo HOA Fee

Last Sold March 12, 2024

Last sale price $1,485,000 $946 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,541/month

165 Days on Market

Highlights

  • Unit is on the top floor
  • City Lights View
  • Wood Flooring
  • Penthouse
  • 0.35 Acre Lot
  • 3-minute walk to Laurel Avenue Park

About This Home

As of March 2024

Welcome to the Verandas on Laurel. As you make your way up to the penthouse floor and enter your new home you are immediately greeted by unobstructed views stretching from Hollywood to Century City and all the way through DTLA. As you pass the beautiful foyer through your modern open floor concept that embodys contemporary elegance; make yourself comfortable in your living room and enjoy the cozy fireplace. Weather its breakfast lunch or dinner, you will enjoy cooking in this sleek gourmet kitchen. Adorned with quartz countertops, a chef style center island, new refrigerator, new dishwasher, new microwave and abundant cabinetry all while taking in the amazing view. Make your way over to the dining area and enjoy some one on one time or time with the family with that gorgeous view in the backdrop. It doesn't stop there, no matter the time you can always eat "al fresco" in your exclusive private terrace. The south facing breathtaking panoramic vistas are visible from every room, which flood the house with so much natural light, its almost unreal up here. The spacious Master Suite is a true sanctuary, featuring a large custom walk-in closet and a roomy spa bathroom boasting a soaking tub, frameless glass rain shower, and an elegant dual vanity. Guests will be delighted with the charming bedroom, offering easy access to the inviting terrace and a custom closet. Convenience is taken to the next level with in-unit laundry and 2 side-by-side-car parking spaces, and not 1or 2 but 3 EV chargers for residents and did I mention it comes with a private storage unit? This location is simply unbeatable, just a block away from the vibrant Sunset Strip, where you'll find the finest dining, entertainment, and shopping options that West Hollywood has to offer. Laurel Hardware, Delilah's, Tu Madre and Irv's Burgers just to name a few. How could I almost forget, this wouldn't be a true West Hollywood condo if it did not have a rooftop deck that offers 360 degree views, from the bird streets to the downtown liners you have it all. Whether hosting lavish gatherings or indulging in quiet relaxation, this penthouse is perfect for all your entertainment needs.

Last Agent to Sell the Property

Mohammed Sabbah

Nourmand & Associates-HW License #02007792 Listed on: 08/03/2023

Last Buyer's Agent

Lucas Gelb

Keller Williams Studio City License #02096576

Keller Williams Studio City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,089

Year Built

  • Built in 2007

Lot Details

  • 0.35

HOA Fees

  • $670 Monthly HOA Fees

Property Views

  • City Lights
  • Trees

Home Design

  • Penthouse
  • Entry on the 4th floor

Interior Spaces

  • 1,570 Sq Ft Home
  • 4-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Electric Vehicle Home Charger
  • Side by Side Parking
  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • South Facing Home
  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5554-011-043

Community Details

Overview

  • 16 Units
  • High-Rise Condominium

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,089

Year Built

Built in 2007

Lot Details

0

HOA Fees

$670 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Levels: Top Level
  • Street Number Display: Yes
  • Complex Name: The Verandas
  • Entry Floor: 4
  • Living Area: 1570
  • Lot Acreage: 0.3521
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 2007
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Washer, Range/Oven
  • Price Per S Q F T: 945.86

Exterior Features

  • Balcony: Private
  • Direction Faces: South
  • Other Features: Balcony
  • Pool: No
  • View: City Lights, City, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Side By Side, Electric Vehicle Charging Station(s), Parking for Guests
  • Total Parking: 2

Utilities

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

Association/Amenities

  • Amenities: Unknown
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 670.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5554-011-043
  • Lot Size Area: 15337

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Feb 2, 2024
Sold by
Smith Erik William
Bought by
Belanger Zachary Dane
Seller's Agent
Mohammed Sabbah
Nourmand & Associates-HW
Buyer's Agent
Lucas Gelb
Keller Williams Studio City
List Price
$1,485,000
Sold Price
$1,485,000
Views
204
Current Estimated Value
$1,399,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,877
Avg. Annual Appreciation
-3.79%
Original Mortgage
$1,262,250
Outstanding Balance
$1,240,275
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$158,848

Purchase Details

Closed on
Jun 4, 2008
Sold by
1248 North Laurel Investors Llc
Bought by
Gulaya Krishna and Gulaya Sapna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
5.99%
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
Belanger Zachary Dane $1,485,000 Equity Title Company
Gulaya Krishna $1,030,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belanger Zachary Dane $1,262,250
Previous Owner Gulaya Krishna $729,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2024 03/12/24 Sold $1,485,000 0.0% $946 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
08/03/2023 08/03/23 For Sale $1,485,000 0.0% $946 / Sq Ft
02/26/2016 02/26/16 Rented $6,450 -0.6% --
02/16/2016 02/16/16 Price Changed $6,490 -6.6% $4 / Sq Ft
02/03/2016 02/03/16 Price Changed $6,950 -7.2% $4 / Sq Ft
01/13/2016 01/13/16 For Rent $7,490 -- --
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 $17,089 $1,514,700 $300,900 $1,213,800
2024 $17,089 $1,404,539 $997,743 $406,796
2023 $16,790 $1,377,000 $978,180 $398,820
2022 $14,995 $1,274,883 $1,014,959 $259,924
2021 $14,864 $1,249,886 $995,058 $254,828
2019 $14,373 $1,212,816 $965,545 $247,271
2018 $14,276 $1,189,036 $946,613 $242,423
2016 $13,673 $1,142,865 $909,855 $233,010
2015 $12,836 $1,073,000 $853,000 $220,000
2014 $13,076 $1,073,000 $853,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-296057

The MLS

APN: 5554-011-043