NOT LISTED FOR SALE

1516 S Beverly Dr Unit 104 Los Angeles, CA 90035

Beverlywood Neighborhood

Estimated Value: $733,000 - $974,000

2 Beds
2.5 Baths
1,236 Sq Ft
$540/mo HOA Fee

Last Sold January 11, 2023

Last sale price $800,000 $647 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,052/month

90 Days on Market

Highlights

  • Fitness Center
  • City Lights View
  • Engineered Wood Flooring
  • Canfield Avenue Elementary Rated A-
  • Arts and Crafts Architecture
  • Sauna

About This Home

As of January 2023

Light and bright 2 bedroom, 2.5 bath unit with views of downtown and the Hollywood Hills. Convenient Beverlywood/Beverly Hills adjacent location close to shopping, dining and houses of worship. 2 En-suite Master Bedrooms with huge walk-in closets located on the opposite sides of the unit. Marble entry, crown molding, great closets, gas fireplace in living room w/ balcony views DTLA, vaulted ceiling in dining room, laundry room in unit with side x side washer & dryer. This immaculate building has Earthquake Insurance, Gym, Recreation Room, Sauna on same floor as unit, and additional storage in the garage w/ guest parking. 2 tandem parking spaces in secure garage.

Last Agent to Sell the Property

Michael Sutton

The Beverly Hills Estates License #01906015 Listed on: 08/31/2022

The Beverly Hills Estates

Last Buyer's Agent

Shahram Shamounpour

Keller Williams Beverly Hills License #02122389

Keller Williams Beverly Hills

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,945

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 0.32

HOA Fees

  • $540 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Gate
  • Guest Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Arts and Crafts Architecture
  • Common Roof

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Bay Window
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Remodeled Bathroom
  • Powder Room
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Living Room Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • East Facing Home
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4306-015-046

Community Details

Overview

  • Association fees include water, building and grounds
  • 17 Units
  • Beverlywood Place Association

Amenities

  • Sauna
  • Recreation Room
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,945

Year Built

Built in 1988 | Remodeled

Lot Details

0

HOA Fees

$540 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Arts and Crafts
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 1506 South Beverly Drive Owners Association
  • Entry Floor: 3
  • Entry Location: Elevator
  • Living Area: 1236
  • Lot Acreage: 0.3193
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Unit Floor In Building: 3
  • Year Built: 1988
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Common Walls, Drywall Walls
  • Number Of Remote Controls: 1
  • Fireplace Rooms: Living Room, Gas
  • Flooring: Carpet, Mixed, Engineered Hardwood
  • Appliances: Microwave, Convection Oven, Cooktop - Gas, Oven-Electric
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s), Shower Stall, Sunken Tub, Powder Room, Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area, Living Room, Breakfast Area
  • Kitchen Features: Tile Counters
  • Laundry: In Unit, Laundry Area, In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Microwave, Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven, Freezer
  • Fireplace: Yes
  • Price Per S Q F T: 679.63
  • Windows: Bay Window

Exterior Features

  • Direction Faces: East
  • Construction: Concrete
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Patio: Living Room Balcony, Balcony, Porch
  • Pool: No
  • Roof: Common Roof
  • Spa Yn: No
  • View: City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access
  • Sewer: Unknown
  • Water: Public

Association/Amenities

  • Amenities: Sauna, Elevator, Guest Parking, Fitness Center, Rec Multipurpose Rm
  • Pet Rules: Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water, Building and Grounds
  • HOA Fees: 540.00
  • Management Company: Beverlywood Place
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4306-015-046
  • Lot Description: Automatic Gate
  • Lot Location: City
  • Lot Size Area: 13910

Multi Family

  • Number Of Units: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Nov 30, 2022
Sold by
J & M Properties Llc
Bought by
Hatanian David and Golshiraziankalimi Farahnaz
Seller's Agent
Michael Sutton
The Beverly Hills Estates
Buyer's Agent
Shahram Shamounpour
Keller Williams Beverly Hills
List Price
$840,018
Sold Price
$800,000
Premium/Discount to List
-$40,018
-4.76%
Views
54
Current Estimated Value
$847,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,878
Avg. Annual Appreciation
2.80%
Original Mortgage
$640,000
Outstanding Balance
$620,809
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$238,134

Purchase Details

Closed on
Feb 26, 2007
Sold by
Fallas Michael
Bought by
J & M Properties Llc

Purchase Details

Closed on
Nov 28, 2006
Sold by
Mecham D Mel
Bought by
Fallas Michael and Fallas Ilanit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 1999
Sold by
Roy Jennifer M
Bought by
Mecham D Mel and Mecham Janice Engdahl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,336
Interest Rate
7.8%
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
Hatanian David $800,000 Equity Title
J & M Properties Llc -- None Available
Fallas Michael -- None Available
J & M Properties Llc -- None Available
Fallas Michael $560,000 Stewart Title Company
Mecham D Mel $264,000 First American Title Co
Roy Jennifer M -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatanian David $640,000
Previous Owner J&M Properties Llc $287,000
Previous Owner Fallas Michael $417,000
Previous Owner Mecham D Mel $225,000
Previous Owner Mecham D Mel $233,100
Previous Owner Mecham D Mel $239,000
Previous Owner Mecham D Mel $237,336
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2023 01/11/23 Sold $800,000 -4.8% $647 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $840,018 0.0% $680 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $840,018 -- $680 / 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 $9,945 $832,319 $515,310 $317,009
2024 $9,945 $816,000 $505,206 $310,794
2023 $8,808 $721,132 $487,411 $233,721
2022 $8,398 $706,993 $477,854 $229,139
2021 $8,292 $693,132 $468,485 $224,647
2019 $8,042 $672,576 $454,591 $217,985
2018 $8,016 $659,389 $445,678 $213,711
2016 $7,251 $599,000 $405,000 $194,000
2015 $7,252 $599,000 $405,000 $194,000
2014 $6,752 $544,000 $368,000 $176,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Sutton

    Seller's Agent in 2023

    Michael Sutton

    The Beverly Hills Estates

    (310) 864-8965

    1 in this area

    3 Total Sales

    Section Image
  • Shahram Shamounpour

    Buyer's Agent in 2023

    Shahram Shamounpour

    Keller Williams Beverly Hills

    (424) 313-2744

    1 in this area

    18 Total Sales

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Map

Source: The MLS

MLS Number: 22-194389

The MLS

APN: 4306-015-046

California Los Angeles County Los Angeles 90035 Beverlywood

1516 S Beverly Dr Unit 104, Los Angeles, CA

This home is located at 1516 S Beverly Dr Unit 104, Los Angeles, CA 90035 since 31 August 2022 and is currently estimated at $858,943, approximately $694 per square foot. This property was built in 1988. 1516 S Beverly Dr Unit 104 is a home located in Los Angeles County with nearby schools including Canfield Avenue Elementary, Palms Middle School, and Alexander Hamilton Senior High School.

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