$1,744,000
SOLD JUL 6, 2023
3 Beds
3 Baths
1,631 Sq Ft
7,023 Sq Ft Lot

Recently Sold

$1,069 Per Sq Ft

5% Below List Price

12 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • No HOA
  • Third Street Elementary School Rated A
  • Spanish Architecture
  • 2 Car Detached Garage

About This Home

As of March 2024

ATTENTION DEVELOPERS! In one of the most coveted prime locations, a generous lot size, and a charming house in Hancock Park represents a rare opportunity for those with a vision to create an exceptional residence. Whether you aspire to re-develop a stunning investment property, this opportunity is brimming with potential. First time on the market in 50 years! Don't miss the chance to bring your vision to life in one of Los Angeles' most prestigious neighborhoods. Easy to show! Call or text for showing.

Last Agent to Sell the Property

Lee Mintz

Compass License #01355531 Listed on: 06/21/2023

Compass

Last Buyer's Agent

Laura Shirley

Compass License #02146767

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,243

Year Built

  • Built in 1921

Lot Details

  • 7,023 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Driveway

Home Design

  • Spanish Architecture
  • Clay Roof

Interior Spaces

  • 1,631 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5515-015-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,243

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1631
  • Lot Acreage: 0.1612
  • Lot Dimensions: 50x140
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Carpet, Mixed
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Washer, Dishwasher, Dryer, Range/Oven, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 1125.08

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Detached, Garage - 2 Car, Driveway, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5515-015-010
  • Lot Size Area: 7023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Feb 23, 2024
Sold by
1812 Investments Llc
Bought by
Molesworth Rita M and Molesworth Tara
Seller's Agent
Laura Shirley
Compass
Buyer's Agent
Oliver Dennison
Wish Sotheby's Intl Realty
List Price
$2,200,000
Sold Price
$2,155,000
Premium/Discount to List
-$45,000
-2.05%
Views
64
Current Estimated Value
$2,179,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,909
Avg. Annual Appreciation
-0.81%

Purchase Details

Listed on
Feb 6, 2024
Closed on
Feb 16, 2024
Sold by
Molesworth Richard Nassau
Bought by
Molesworth Rita
Seller's Agent
Laura Shirley
Compass
Buyer's Agent
Oliver Dennison
Wish Sotheby's Intl Realty
List Price
$2,200,000
Sold Price
$2,155,000
Premium/Discount to List
-$45,000
-2.05%
Views
64

Purchase Details

Closed on
Nov 1, 2012
Sold by
Akopian George and Akopian Barbara
Bought by
Akopian George and Akopian Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Akopian George and Akopian Barbara
Bought by
George Akopian & Barbara Akopian Trust and Akopian Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2009
Sold by
Akopian George and Akopian Barbara
Bought by
Akopian George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2003
Sold by
Akopian George and Akopian Barbara
Bought by
Akopian George

Purchase Details

Closed on
Jul 31, 1998
Sold by
Trust Akopian George And Barbara Trs Ako
Bought by
Akopian George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.92%
Source: Public Records

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Range of Values:

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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 $2,155,000 Consumers Title Company
Grant Deed -- Consumers Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Lsi
Interfamily Deed Transfer -- Lsi
Interfamily Deed Transfer -- Lsi
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Cal Counties Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,400,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $258,000 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $270,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $245,000 Unknown
Previous Owner $220,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $2,155,000 -2.0% $1,321 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $2,200,000 +26.1% $1,349 / Sq Ft
07/06/2023 07/06/23 Sold $1,744,000 -5.0% $1,069 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $1,835,000 -- $1,125 / 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
2024 $21,243 $1,744,000 $1,395,200 $348,800
2023 $1,446 $100,564 $67,836 $32,728
2022 $1,390 $98,593 $66,506 $32,087
2021 $1,361 $96,660 $65,202 $31,458
2019 $1,325 $93,795 $63,269 $30,526
2018 $1,253 $91,957 $62,029 $29,928
2016 $1,183 $88,388 $59,621 $28,767
2015 $1,167 $87,061 $58,726 $28,335
2014 $1,182 $85,356 $57,576 $27,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-281097

The MLS

APN: 5515-015-010