NOT LISTED FOR SALE

141 S Las Palmas Ave Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $6,333,000 - $9,010,000

5 Beds
5.5 Baths
5,203 Sq Ft
$1,414/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $6,000,000 $1,153 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $45,193/month

5 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • English Architecture
  • Third Street Elementary School Rated A
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of March 2021

This 1928 Paul Williams designed Country English Estate sits on one of Hancock park's best tree lined streets. Set on a manicured pool lot, the property features over 5k sf w/ a 4+4 Main House that has been updated for todays modern living while retaining many of its classic period details. Living Room boasts rich wood paneled coffered ceiling, stunning fireplace with antique mirror, bar, stained glass windows and large French Doors. The home also offers a private office and a formal dining room w/ stunning leaded windows overlooking the grassy front lawn. A gorgeous well appointed kitchen opens generously to a warm family room w/ fireplace and French Doors leading to a resort-like sitting patio & backyard. The grounds are surrounded by soaring privacy hedges, a sparkling pool/spa, pergola, dining patio, BBQ Bar, pizza oven & fireplace. The picture book 2 story Guest House has a luxurious bedroom & bath suite upstairs while also offering a large bonus space/gym with bath downstairs.

Last Agent to Sell the Property

Dafna Milstein

Keller Williams Beverly Hills License #01261623 Listed on: 01/22/2021

Keller Williams Beverly Hills

Co-Listed By

Gregg Silver

Keller Williams Beverly Hills License #01391871

Last Buyer's Agent

Joshua Altman

Douglas Elliman of California, Inc. License #01764587

Douglas Elliman of California, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,893

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 78x177
  • East Facing Home
  • Partially Fenced Property
  • Property is zoned LARE11

Property Views

  • Park or Greenbelt
  • Pool

Home Design

  • English Architecture
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 5,203 Sq Ft Home
  • 2-Story Property
  • Bar
  • Family Room with Fireplace
  • 4 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Home Gym
  • Security System Owned
  • Basement

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5513-012-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,893

Year Built

Built in 1928 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country English
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 5203
  • Lot Acreage: 0.3170
  • Lot Dimensions: 78x177
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Guest House, Living Room, Patio
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 3
  • Eating Areas: Breakfast Nook, Dining Area, Family Kitchen, Kitchen Island
  • Laundry: Inside, Room
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Barbeque, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1152.22

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Fence: Partial
  • Guest House: Detached
  • Patio: Balcony, Patio Open
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Heated, Private
  • Spa Yn: Yes
  • View: Green Belt, Pool
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 5513-012-018
  • Lot Location: Flats
  • Lot Size Area: 13786

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2008
Sold by
Olmstead Matthew J and Olmstead Dawn
Bought by
Aijian Reed T and The Kim Michael Trust
Current Estimated Value
$7,357,598

Purchase Details

Closed on
Aug 16, 2007
Sold by
Feldman Jon
Bought by
Parouse Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,379,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2007
Sold by
Laffoon Coleman
Bought by
Parouse Dawn and Olmstead Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,379,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2005
Sold by
Ostrow Christopher A
Bought by
Laffoon Coleman and Heche Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,205,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2005
Sold by
Wiviott Jay L
Bought by
Ostrow Christopher A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2004
Sold by
Wiviott Jay L
Bought by
Wiviott Jay L and Wiviott Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2003
Sold by
Wiviott Jay L
Bought by
Wiviott Jay L and Wiviott Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$833,000
Interest Rate
5.25%

Purchase Details

Closed on
Jan 10, 2002
Sold by
Wiviott Jay L
Bought by
Wiviott Jay L and Wiviott Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,000
Interest Rate
8.25%

Purchase Details

Closed on
May 17, 1999
Sold by
Wiviott Jay L
Bought by
Wiviott Jay L and Wiviott Tereas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Interest Rate
7.12%

Purchase Details

Closed on
May 14, 1998
Sold by
Wiviott Jay L
Bought by
Wiviott Jay L and Wiviott Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.25%

Purchase Details

Closed on
Nov 8, 1996
Sold by
Wiviott Jay Lawrence
Bought by
Wiviott Jay L and Wiviott Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
7.75%

Purchase Details

Closed on
Oct 7, 1996
Sold by
Haight Haight W
Bought by
Wiviott Jay Lawrence and Wiviott Teresa Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
7.75%

Purchase Details

Closed on
Oct 13, 1995
Sold by
Kupper Victor
Bought by
Kupper Victor and Sanchez Reynaldo
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
Aijian Reed T $5,460,000 Chicago Title Company
Olmstead Matthew J -- None Available
Parouse Dawn -- First American Title Co
Parouse Dawn $3,660,000 First American Title Co
Laffoon Coleman -- Fidelity National Title Co
Ostrow Christopher A -- Fidelity Van Nuys
Wiviott Jay L -- Fidelity National Title Co
Wiviott Jay L -- Fidelity National Title Co
Wiviott Jay L -- American Title Co
Wiviott Jay L -- Commonwealth Title Co
Wiviott Jay L -- Fidelity National Title
Wiviott Jay L -- Fidelity National Title
Wiviott Jay L -- First Southwestern Title Co
Wiviott Jay L -- --
Wiviott Jay L -- --
Wiviott Jay L -- First Southwestern Title
Wiviott Jay L -- --
Wiviott Jay Lawrence $1,050,000 Guardian Title
Kupper Victor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parouse Dawn $2,379,000
Previous Owner Laffoon Coleman $2,205,000
Previous Owner Ostrow Christopher A $1,500,000
Previous Owner Wiviott Jay L $824,000
Previous Owner Wiviott Jay L $833,000
Previous Owner Wiviott Jay L $844,000
Previous Owner Wiviott Jay L $862,500
Previous Owner Wiviott Jay L $650,000
Previous Owner Wiviott Jay Lawrence $735,000
Closed Ostrow Christopher A $652,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2021 03/01/21 Sold $6,000,000 +0.1% $1,153 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $5,995,000 +9.8% $1,152 / Sq Ft
07/31/2019 07/31/19 Sold $5,460,000 +1.2% $1,049 / Sq Ft View Prior Sale
07/10/2019 07/10/19 For Sale $5,395,000 -- $1,037 / 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 $77,893 $6,494,592 $5,412,160 $1,082,432
2024 $77,063 $6,367,248 $5,306,040 $1,061,208
2023 $75,488 $6,242,400 $5,202,000 $1,040,400
2022 $71,945 $6,120,000 $5,100,000 $1,020,000
2021 $65,496 $5,516,565 $4,546,620 $969,945
2020 $66,188 $5,460,000 $4,500,000 $960,000
2019 $51,186 $4,309,634 $2,543,391 $1,766,243
2018 $51,024 $4,225,132 $2,493,521 $1,731,611
2016 $44,286 $3,679,400 $2,171,400 $1,508,000
2015 $40,831 $3,389,100 $2,000,100 $1,389,000
2014 $41,750 $3,389,100 $2,000,100 $1,389,000
Source: Public Records

Agents Affiliated with this Home

  • Dafna Milstein

    Seller's Agent in 2021

    Dafna Milstein

    Keller Williams Beverly Hills

    (310) 867-5598

    2 in this area

    77 Total Sales

    Dafna Milstein
    Section Image

  • G

    Seller Co-Listing Agent in 2021

    Gregg Silver

    Keller Williams Beverly Hills

    (310) 432-6400

    2 in this area

    27 Total Sales

    Gregg Silver
    Section Image
  • Joshua Altman

    Buyer's Agent in 2021

    Joshua Altman

    Douglas Elliman of California, Inc.

    (323) 610-0231

    11 in this area

    512 Total Sales

    Joshua Altman
    Section Image
  • Matthew J. Altman

    Buyer Co-Listing Agent in 2021

    Matthew J. Altman

    Douglas Elliman of California, Inc.

    (323) 791-9398

    9 in this area

    181 Total Sales

    Matthew J. Altman
    Section Image
  • Jason Reitz

    Seller's Agent in 2019

    Jason Reitz

    Rock Realty Group

    (323) 656-1800

    69 Total Sales

    Jason Reitz
    Section Image
  • Michael Sutton

    Buyer's Agent in 2019

    Michael Sutton

    The Beverly Hills Estates

    (310) 864-8965

    4 Total Sales

    Michael Sutton
    Section Image
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Map

Source: The MLS

MLS Number: 21-682510

The MLS

APN: 5513-012-018

California Los Angeles County Los Angeles 90004 Hancock Park

141 S Las Palmas Ave, Los Angeles, CA

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