$420,000
SOLD SEP 14, 2021

1414 N Fairfax Ave Unit 102 West Hollywood, CA 90046

Hollywood Neighborhood
1 Bed
1 Bath
663 Sq Ft
$304/mo HOA Fee

Recently Sold

$633 Per Sq Ft

5% Above List Price

11 Days on Market

Highlights

  • 0.43 Acre Lot
  • Courtyard Views
  • Eat-In Galley Kitchen
  • Contemporary Architecture
  • Enclosed Patio or Porch
  • Built-In Features

About This Home

As of January 2022

ATTENTION INVESTORS AND BUYERS UNAFRAID OF ROLLING UP YOUR SLEEVES!
Lowest priced condo in the area. This fixer is all about potential and LOCATION. Just off The Sunset Strip, this condo is a blank slate, waiting to be transformed by your vision. Welcome to The Fairfax Tropics, a small, serene complex, built around a lush, tropical courtyard. This is your opportunity to transform one of the few remaining units in this building that has not already been remodeled. The bones are great here: A spacious 1bd/1ba unit, with lots of storage space and a good floor-plan. The bedroom is large, with plenty of closet space. Enjoy views of the rainforest-like courtyard from the Living Room, Dining Room, or Kitchen. Or you can take advantage of the So-Cal outdoor lifestyle, by sipping your morning coffee (or evening vino) on your own private patio. There is one gated parking spot, a large storage unit, and the HOA dues include earthquake insurance. You can live in a tranquil oasis, while also being steps from the world-class restaurants, shopping and entertainment of the Sunset Strip. All you need is your imagination and a toolbox!

Last Agent to Sell the Property

Ron Roth

Media West Realty,Inc. License #01074781 Listed on: 08/04/2021

Co-Listed By

Bradley Reed

Media West Realty,Inc. License #01502674

Last Buyer's Agent

Romina Stewart

Inc Real Estate License #02003227

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,977

Year Built

  • Built in 1977

HOA Fees

  • $304 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Fixer Upper

Interior Spaces

  • 663 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Courtyard Views
  • Laundry Room

Kitchen

  • Eat-In Galley Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Formica Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Parking Available
  • Auto Driveway Gate
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Sewer Paid

Additional Features

  • Grab Bar In Bathroom
  • Enclosed Patio or Porch
  • Two or More Common Walls

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 36530
  • Assessor Parcel Number 5551026035

Community Details

Overview

  • 23 Units
  • Fairfax Tropics HOA
  • Cardinal Real Estate HOA
  • Maintained Community

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,977

Year Built

Built in 1977

Lot Details

0

HOA Fees

$304 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, stove, dishwasher, wall AC unit
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Contemporary
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5551026035
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 663.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 1
  • Entry Location: Ground entry, steps
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Grab Bars In Bathroom(s)
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 633.48
  • Room Type: Galley Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • View: Courtyard
  • Patio And Porch Features: Concrete, Covered, Enclosed
  • Pool Private: No

Garage/Parking

  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
  • Heating Type: Radiant, Electric
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Earthquake Insurance, Maintenance Grounds, Controlled Access
  • Association Fee: 304.07
  • Association Fee Frequency: Monthly
  • Association Name: Fairfax Tropics HOA
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Cardinal Real Estate

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 18902.00
  • Lot Size Acres: 0.4339

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18902.0000 Square Feet
  • Number Of Units In Community: 23
  • Number Of Units Total: 23

Tax Info

  • Tax Census Tract: 1898.00
  • Tax Lot: 1
  • Tax Tract Number: 36530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2021
Closed on
Dec 28, 2021
Sold by
Journey Investments Inc
Bought by
Hi Inc
Seller's Agent
Ramon Sanchez
Inc Real Estate
Buyer's Agent
Haruka Fukudome
Starts Pacific, Inc.
List Price
$549,888
Sold Price
$549,888
Current Estimated Value
$525,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,433
Avg. Annual Appreciation
-1.37%

Purchase Details

Listed on
Aug 4, 2021
Closed on
Aug 25, 2021
Sold by
Leonard Ross Family Trust and Rosenblatt Richard H
Bought by
Journey Investments Inc
Seller's Agent
Ron Roth
Media West Realty,Inc.
Buyer's Agent
Romina Stewart
Inc Real Estate
List Price
$400,000
Sold Price
$420,000
Premium/Discount to List
$20,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.95%
Original Mortgage
$315,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2020
Sold by
Ross Leonard
Bought by
Ross Leonard and Rosenblatt Richard H
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $550,000 Fidelity National Title
Grant Deed $420,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $315,000 New Conventional
Previous Owner $315,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $549,888 0.0% $829 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $549,888 0.0% $829 / Sq Ft
12/03/2021 12/03/21 Off Market $549,888 -- --
12/03/2021 12/03/21 For Sale $579,887 +5.5% $875 / Sq Ft
12/02/2021 12/02/21 Off Market $549,888 -- --
12/02/2021 12/02/21 For Sale $579,887 +5.5% $875 / Sq Ft
12/01/2021 12/01/21 Off Market $549,888 -- --
11/30/2021 11/30/21 Price Changed $579,887 0.0% $875 / Sq Ft
11/23/2021 11/23/21 Price Changed $579,888 0.0% $875 / Sq Ft
11/21/2021 11/21/21 For Sale $579,995 +38.1% $875 / Sq Ft
09/14/2021 09/14/21 Sold $420,000 +5.0% $633 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $400,000 -- $603 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,977 $583,556 $400,286 $183,270
2024 $6,977 $572,115 $392,438 $179,677
2023 $6,845 $560,898 $384,744 $176,154
2022 $5,012 $420,000 $272,700 $147,300
2021 $1,502 $125,517 $15,050 $110,467
2020 $1,515 $124,231 $14,896 $109,335
2019 $1,456 $121,796 $14,604 $107,192
2018 $1,441 $119,409 $14,318 $105,091
2016 $1,371 $114,774 $13,763 $101,011
2015 $1,351 $113,051 $13,557 $99,494
2014 $1,363 $110,838 $13,292 $97,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21171080

California Regional Multiple Listing Service (CRMLS)

APN: 5551-026-035