$3,389,000 - $4,578,000
RENTED NOV 26, 2024
3 Beds
3.5 Baths
2,541 Sq Ft
$1,584 Price per Sq Ft

Last Sold September 16, 2016

Last sale price $3,060,000 $1,204 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $25,869/month

Highlights

  • Heated In Ground Pool
  • City Lights View
  • Family Room with Fireplace
  • Auto Driveway Gate
  • Contemporary Architecture
  • 4-minute walk to William S. Hart Park & Off-Leash Dog Park

About This Home

As of November 2024

Welcome to this exceptional mid-century modern home, nestled in the hills just off the Sunset Strip, blending unique character with contemporary elegance. Conveniently located in the heart of Los Angeles, this spacious 2,541 square foot residence offers easy access to the city's vibrant lifestyle while providing a serene retreat. Expansive windows flood the living spaces with natural light, creating a bright and welcoming atmosphere. The heart of the home is the perfect open kitchen, designed for cooking and entertaining. It features modern appliances and ample counter space, offering a breathable and inviting area for both casual meals and lively gatherings. The property includes a generous backyard with a stunning pool, allowing for outdoor entertainment and relaxation. Each of the three bedrooms is generously sized, with the primary suite offering a private sanctuary complete with an en-suite bathroom. The additional bathrooms, including a convenient half-bath, ensure comfort and privacy for all residents. This home also offers ample secure parking, adding convenience for multiple vehicles. With immense privacy and a peaceful setting, it provides a tranquil escape while being just moments away from the bustling Sunset Strip. This unique property, with its blend of style and functionality, is a rare find.

Last Agent to Rent the Property

Alexa Kort

Plus Real Estate License #02054501 Listed on: 09/04/2024

Last Renter's Agent

Alexa Kort

Plus Real Estate License #02054501 Listed on: 09/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,311

Year Built

  • Built in 1939

Lot Details

  • 8,570 Sq Ft Lot
  • Lot Dimensions are 68x125
  • Property is zoned LAR1

Property Views

  • City Lights
  • Pool

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,541 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Den with Fireplace
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 5 Car Attached Garage
  • Auto Driveway Gate
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Security Deposit $32,000
  • Tenant pays for cable TV, electricity, move in fee, move out fee, water, trash collection, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 5555-018-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,311

Year Built

Built in 1939

Lot Details

0

Rental Info

  • Lease Option: 1
  • Security Deposit: 32000
  • Tenant Pays: Cable TV, Electricity, Move In Fee, Move Out Fee, Water, Trash Collection, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 2541
  • Lot Acreage: 0.1967
  • Lot Dimensions: 68x125
  • Stories: 2
  • Year Built: 1939
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Den
  • Flooring: Hardwood, Marble
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Laundry Area, On Upper Level, Outside, Laundry Closet Stacked, Inside
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Barbeque, Alarm System, Microwave, Built-Ins, Range/Oven, Refrigerator, Washer, Water Purifier
  • Price Per S Q F T: 5.51

Exterior Features

  • Pool Description: In Ground, Heated, Heated And Filtered
  • Pool: Yes
  • Spa: In Ground, Heated
  • Spa Yn: Yes
  • View: City Lights, City, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Auto Driveway Gate, Private Garage, Driveway Gate, Garage - 2 Car, Parking for Guests - Onsite, Gated, Garage Is Detached
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5555-018-001
  • Lot Size Area: 8570

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
1480 Kings Road Llc
Bought by
Phillip Nazarian Trust
Current Estimated Value
$4,024,647

Purchase Details

Listed on
Aug 19, 2016
Closed on
Aug 26, 2016
Sold by
Cusenza Anthony Maria
Bought by
1480 Kings Road Llc
Seller's Agent
Patrick Martin
Sotheby's International Realty
Buyer's Agent
Joshua Altman
Douglas Elliman of California, Inc.
List Price
$3,295,000
Sold Price
$3,060,000
Premium/Discount to List
-$235,000
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%

Purchase Details

Closed on
Jun 6, 2005
Sold by
Grass Berdella Sather
Bought by
Cusenza Anthony Maria

Purchase Details

Closed on
Jul 16, 2001
Sold by
Grass Berdella
Bought by
Grass Berdella Sather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
7.61%

Purchase Details

Closed on
Jul 12, 2001
Sold by
Holloway Md John C and Goodrich James M
Bought by
Grass Berdella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
7.61%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Palmer Morey and The Morey Palmer Revocable Tru
Bought by
Holloway Md John C and Goodrich James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,200
Interest Rate
6.99%
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
Phillip Nazarian Trust $3,900,000 Chicago Title
1480 Kings Road Llc $3,060,000 None Available
Cusenza Anthony Maria $2,125,000 Equity Title
Cusenza Anthony Maria -- Equity Title
Grass Berdella Sather -- Equity Title
Grass Berdella $1,250,000 Equity Title
Holloway Md John C $679,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillip Nazarian Trust $3,120,000
Previous Owner Cusenza Anthony Maria $700,000
Previous Owner Cusenza Anthony Maria $700,000
Previous Owner Grass Berdella Sather $1,000,000
Previous Owner Grass Berdella $937,500
Previous Owner Holloway Md John C $225,000
Previous Owner Holloway Md John C $477,029
Previous Owner Holloway Md John C $100,000
Previous Owner Holloway Md John C $543,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Rented $15,000 +7.1% --
11/25/2024 11/25/24 Under Contract -- -- --
11/11/2024 11/11/24 Price Changed $14,000 -6.7% $6 / Sq Ft
10/01/2024 10/01/24 Price Changed $15,000 -6.3% $6 / Sq Ft
09/04/2024 09/04/24 For Rent $16,000 0.0% --
09/16/2016 09/16/16 Sold $3,060,000 -7.1% $1,204 / Sq Ft
08/19/2016 08/19/16 For Sale $3,295,000 0.0% $1,297 / Sq Ft
01/20/2012 01/20/12 Rented $11,500 -4.2% --
01/20/2012 01/20/12 Under Contract -- -- --
01/05/2012 01/05/12 For Rent $12,000 -- --
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 $49,311 $4,138,710 $3,310,968 $827,742
2024 $49,311 $4,057,560 $3,246,048 $811,512
2023 $48,348 $3,978,000 $3,182,400 $795,600
2022 $39,663 $3,346,552 $2,677,243 $669,309
2021 $39,194 $3,280,935 $2,624,749 $656,186
2019 $37,950 $3,183,623 $2,546,899 $636,724
2018 $37,789 $3,121,200 $2,496,960 $624,240
2017 $36,964 $3,060,000 $2,448,000 $612,000
2016 $30,251 $2,512,929 $2,001,743 $511,186
2015 $29,805 $2,475,183 $1,971,675 $503,508
2014 $22,091 $1,787,000 $1,423,500 $363,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-435712

The MLS

APN: 5555-018-001