NOT LISTED FOR SALE

Estimated Value: $2,440,000 - $3,760,000

0.15 Acre
$22,076,753 Price per Acre
6,809 Sq Ft Lot

Last Sold March 13, 2017

Last sale price $2,200,000 $1,327 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $22,472/month

54 Days on Market

About This Lot

As of March 2017

Shovel ready condo development project in the city of LA, West Hollywood adjacent. Existing structure is a duplex which will be delivered vacant at close of escrow. Property comes with fully approved Plans for six-unit condominium, 4 single level units and 2 townhouses. Plans includes: Soil and Survey report, Architectural, Structural, Electrical, Ventilation, plumbing, HAVAC and Shoring. Demo permit is paid for and building permit is ready to be issued at buyer's cost. All permit fees are approximately $84,000. Gross Building Area is 14,583 Sq. Ft. & Total Saleable Area is 12,591 Sq. Ft. Project is four stories over one level subterranean garage each unit approximately is 3 bedroom + 3 bath, average size per unit is 2,100 SF, High Ceilings, Large Balconies, Elevator to Sundeck Roof, Storage Spaces. The floor plans all consist of larger sized units that are in high demand for this area.

Last Agent to Sell the Property

Joseph Siounit

Beverly and Company, Inc. License #01299382 Listed on: 12/28/2016

Beverly and Company, Inc.

Last Buyer's Agent

Chia Yueh

COMPLETE PROPERTY SERVICES License #01397361

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $53,151

Lot Details

  • 6,809 Sq Ft Lot
  • Lot Dimensions are 50x136
  • Property is zoned LAR3

Utilities

  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 5550-027-012

Property Details

Property Type

Land

Est. Annual Taxes

$53,151

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Dimensions: 50x136
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Walk Street
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes
  • Water: Meter on Property

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5550-027-012
  • Geocode Override: No
  • Lot Size Area: 6809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2016
Closed on
Feb 17, 2017
Sold by
Mishkanian Davoud
Bought by
1333 N Sierra Bonita Llc
Seller's Agent
Joseph Siounit
Beverly and Company, Inc.
Buyer's Agent
Chia Yueh
COMPLETE PROPERTY SERVICES
List Price
$2,295,000
Sold Price
$2,200,000
Premium/Discount to List
-$95,000
-4.14%
Current Estimated Value
$3,311,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,111,513
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Nov 10, 2005
Sold by
Juravic Rosemary
Bought by
Mishkanian Davoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Juravic Jerolim
Bought by
Juravic Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 28, 2000
Sold by
Scrocco Thomas J
Bought by
Juravic Jerolim and Juravic Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,750
Interest Rate
8.2%

Purchase Details

Closed on
Jan 29, 1997
Sold by
Selma M Solow Trust and Adrienne M
Bought by
Scrocco Thomas J and Isaacs Randy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
7.85%
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
1333 N Sierra Bonita Llc $2,200,000 Fatcola
Mishkanian Davoud -- Equity Title
Juravic Rosemary -- Fidelity National Title Co
Juravic Jerolim $329,000 --
Scrocco Thomas J $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1333 N Sierra Bonita Llc $2,921,000
Previous Owner Mishkanian Davoud $550,000
Previous Owner Mishkanian Davoud $600,000
Previous Owner Juravic Rosemary $380,000
Previous Owner Juravic Jerolim $300,000
Previous Owner Juravic Jerolim $246,750
Previous Owner Scrocco Thomas J $198,000
Previous Owner Scrocco Thomas J $24,000
Previous Owner Scrocco Thomas J $131,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2017 03/13/17 Sold $2,200,000 -4.1% $1,327 / Sq Ft
02/20/2017 02/20/17 Pending -- -- --
12/28/2016 12/28/16 For Sale $2,295,000 -- $1,384 / 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 $53,151 $4,501,067 $2,553,286 $1,947,781
2024 $53,151 $4,412,812 $2,503,222 $1,909,590
2023 $52,104 $4,326,288 $2,454,140 $1,872,148
2022 $49,650 $4,241,460 $2,406,020 $1,835,440
2021 $48,991 $4,158,295 $2,358,844 $1,799,451
2020 $49,720 $4,115,657 $2,334,657 $1,781,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-188596

The MLS

APN: 5550-027-078