NOT LISTED FOR SALE

1520 N Sierra Bonita Ave Los Angeles, CA 90046

Hollywood Neighborhood

Estimated Value: $2,268,000 - $3,071,000

3 Beds
3 Baths
2,379 Sq Ft
$1,159/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $1,296,000 $545 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $16,395/month

103 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • No HOA
  • Craftsman Architecture
  • Living Room with Fireplace
  • Gated Home

About This Home

As of December 2021

B.O.M. with a HUGE price REDUCTION! Submit offers NOW! H.P.O.Z. has just granted PRELIMINARY APPROVAL for the project!!! Build a BRAND NEW House in Historically-Protected Sunset Square Neighborhood! RTI Plans are paid for and now in progress. Plans are for a 2 Story Modern Craftsman style home that includes 4 bedrooms and 3 full bathrooms with open mezzanine/office . Approximately 2,700 sqft of living space plus a 2-car covered carport. Lot is extremely private with two-story ficus hedges running along the perimeter. Strong, appreciating and highly desirable area has multi-million dollar investments nearby including the famous Frank Gehry project which just broke ground and anticipated completion in 2023. The street has frequently been featured as the backdrop for hit movies and tv shows. Easily walk to Runyon canyon park, Hollywood restaurants and shopping right outside your front door. Beautiful tree lined street offers lush landscaping, Historic homes and terrific walking. Charming & Private large lot has existing in ground pool/spa with ample room for large A.D.U. & possibly additional Jr. A.D.U. or alternative expansion structure/possibilities. Buyer to investigate. For all showings see private remarks **

Last Agent to Sell the Property

Derek Andrews

Keller Williams Beverly Hills License #01188918 Listed on: 08/05/2021

Keller Williams Beverly Hills

Co-Listed By

Tom Struckhoff

Compass License #01935424

Last Buyer's Agent

Jordan Davies

License #01914332

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,520

Year Built

  • Built in 1915

Lot Details

  • 6,758 Sq Ft Lot
  • Lot Dimensions are 50x135
  • West Facing Home
  • Gated Home
  • Value in Land
  • Tear Down
  • Property is zoned LAR1

Parking

  • 2 Parking Spaces

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Mountain Views

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5550-010-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,520

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Lot Acreage: 0.1551
  • Lot Dimensions: 50x135
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Value Mainly In Land, Tear Down
  • Year Built: 1915
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Equipment: Network Wire

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Total Parking: 2

Utilities

  • Security: Gated
  • Sewer: In Street
  • Water: In Street, Meter on Property

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5550-010-015
  • Lot Size Area: 6758

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2024
Sold by
Ollie Real Estate Investment Llc
Bought by
Selvadurai Naveen and Selvadurai Diana
Current Estimated Value
$2,756,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,030,000
Outstanding Balance
$2,004,616
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$733,189

Purchase Details

Listed on
Aug 5, 2021
Closed on
Nov 19, 2021
Sold by
Breakman Denise
Bought by
Ollie Real Estate Investment Llc
Seller's Agent
Derek Andrews
Keller Williams Beverly Hills
Buyer's Agent
Jordan Davies
List Price
$1,296,000
Sold Price
$1,296,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.33%
Original Mortgage
$899,000
Interest Rate
3.09%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 6, 2003
Sold by
Towne Douglas K
Bought by
Breakman Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 22, 1994
Sold by
Emc Mtg Corp
Bought by
Towne Douglas K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,300
Interest Rate
9.25%

Purchase Details

Closed on
Apr 5, 1994
Sold by
Serrano Reconveyance Company
Bought by
Emc Mtg Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Selvadurai Naveen $3,000,000 Chicago Title
Ollie Real Estate Investment Llc $1,296,000 Chicago Title Company
Breakman Denise $790,000 Equity Title Company
Towne Douglas K $264,000 --
Emc Mtg Corp $211,500 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selvadurai Naveen $2,030,000
Previous Owner Ollie Real Estate Investments $2,380,000
Previous Owner Ollie Real Estate Investment Llc $899,000
Previous Owner Breakman Denise $250,000
Previous Owner Breakman Denise $980,000
Previous Owner Breakman Denise $0
Previous Owner Breakman Denise $632,000
Previous Owner Towne Douglas K $50,000
Previous Owner Towne Douglas K $136,000
Previous Owner Towne Douglas K $100,000
Previous Owner Towne Douglas K $420,000
Previous Owner Towne Douglas K $85,000
Previous Owner Towne Douglas K $34,000
Previous Owner Towne Douglas K $312,000
Previous Owner Towne Douglas K $237,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2021 12/09/21 Sold $1,296,000 0.0% $545 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/09/2021 11/09/21 Price Changed $1,296,000 0.0% $545 / Sq Ft
11/09/2021 11/09/21 For Sale $1,296,000 -3.4% $545 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/04/2021 10/04/21 Price Changed $1,341,000 -7.5% $564 / Sq Ft
08/16/2021 08/16/21 Price Changed $1,449,000 -3.0% $609 / Sq Ft
08/05/2021 08/05/21 For Sale $1,494,000 0.0% $628 / Sq Ft
05/24/2015 05/24/15 Rented $6,800 +4.6% --
05/24/2015 05/24/15 Under Contract -- -- --
03/15/2015 03/15/15 For Rent $6,500 +16.1% --
07/08/2013 07/08/13 Rented $5,600 -13.8% --
07/08/2013 07/08/13 Under Contract -- -- --
05/06/2013 05/06/13 For Rent $6,500 -- --
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 $16,520 $3,060,000 $1,836,000 $1,224,000
2024 $16,520 $1,348,358 $1,129,874 $218,484
2023 $16,203 $1,321,920 $1,107,720 $214,200
2022 $15,451 $1,296,000 $1,086,000 $210,000
2021 $12,520 $1,037,664 $830,136 $207,528
2019 $12,146 $1,006,888 $805,514 $201,374
2018 $12,085 $987,146 $789,720 $197,426
2016 $11,551 $948,815 $759,055 $189,760
2015 $11,383 $934,564 $747,654 $186,910
2014 $11,422 $916,258 $733,009 $183,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-767606

The MLS

APN: 5550-010-015