NOT LISTED FOR SALE

Estimated Value: $751,440 - $822,000

2 Beds
2 Baths
1,200 Sq Ft
$315/mo HOA Fee

Last Sold July 12, 2016

Last sale price $729,000 $608 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,331/month

43 Days on Market

Highlights

  • Primary Bedroom Suite
  • 13,085 Sq Ft lot
  • Two Story Ceilings
  • City Lights View
  • Open Floorplan
  • Wood Flooring

About This Home

As of July 2016

FINAL PRICE REDUCTION! Last chance to purchase this sexy loft at an incredible price before seller leases out. The area has HUGE POTENTIAL FOR APPRECIATION with an outstanding amount of development that just occurred in the past 2 yrs . NEW Equinox Gym, NEW Trader Joes Market, W Hotel, NEW Restaurants, Theaters, New Event center, and NEW 200 Million Icon Office tower with Netflix headquarters opening in 2016 down the street. This luxury 3-level one Bedroom + Mezzanine/den loft has soaring 24' ceilings, floating staircases, polished concrete & white oak hardwood floors, and a large floor to ceiling roll-up garage door in living room that opens to a lush outdoor garden. It features an industrial open floor plan with high-end furnishings. The top floor master suite boasts 12' ceilings and gorgeous skyline views of Hollywood from the balcony. The second floor/mezzanine is outfitted as a great office or 2nd sleeping quarter. 2 parking spaces & 5 guest parking spots.

Last Agent to Sell the Property

Jay Martinez

Compass License #01905744 Listed on: 04/18/2016

Compass

Co-Listed By

Gilbert Dirige

Compass License #01920132

Last Buyer's Agent

David Iskandar

License #01707865

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,117

Year Built

  • Built in 2005

Lot Details

  • West Facing Home

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Storage or Cabinetry
  • Tandem Parking
  • Automatic Gate
  • Guest Parking

Property Views

  • City Lights
  • Woods
  • Trees
  • Hills
  • Park or Greenbelt
  • Courtyard

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,200 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Two Story Ceilings
  • Skylights
  • Recessed Lighting
  • Living Room
  • Dining Area
  • Den
  • Loft

Kitchen

  • Open to Family Room
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5545-007-061

Community Details

Overview

  • Association fees include maintenance paid, water and sewer paid
  • 13 Units
  • Maintained Community

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,117

Year Built

Built in 2005

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: Fifteen Twenty Three HOA
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Exclusions: Chandelier in Staircase
  • Living Area: 1200
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 2005
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Built-Ins, Open Floor Plan, Recessed Lighting, Turnkey, Two Story Ceilings
  • Flooring: Cement, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Open to Family Room
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 607.50
  • Windows: Skylights

Exterior Features

  • Balcony: Yes
  • Direction Faces: West
  • Tennis Court Y/N: No
  • Exposure: West
  • Pool: No
  • View: City Lights, Courtyard, Green Belt, Hills, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Auto Driveway Gate, Built-In Storage, Subterranean, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance Paid, Water and Sewer Paid
  • HOA Fees: 315.00
  • Unit Location: Rear

Lot Info

  • Assessor Parcel Number: 5545-007-061
  • Geocode Override: No
  • Lot Size Area: 13085

Multi Family

  • Number Of Units: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 8, 2016
Sold by
Lance Philip J and The Philip J Lance Trust
Bought by
Jackson Ryan Gordon
Seller's Agent
Jay Martinez
Compass
Buyer's Agent
David Iskandar
List Price
$729,000
Sold Price
$729,000
Current Estimated Value
$787,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,110
Avg. Annual Appreciation
0.83%
Original Mortgage
$625,000
Outstanding Balance
$497,916
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$289,194

Purchase Details

Closed on
May 11, 2007
Sold by
Praisan Teerapat and Sueki Sachiko
Bought by
Lance Philip J and The Philip J Lance Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2005
Sold by
Urban Environments Llc
Bought by
Praisan Teerapat and Sueki Sachiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Jackson Ryan Gordon $729,000 Title 365
Lance Philip J $720,000 Chicago Title Co
Praisan Teerapat $689,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Ryan Gordon $625,000
Previous Owner Lance Philip J $500,000
Previous Owner Praisan Teerapat $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2016 07/12/16 Sold $729,000 0.0% $608 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $729,000 0.0% $608 / Sq Ft
05/24/2016 05/24/16 Off Market $729,000 -- --
05/16/2016 05/16/16 Price Changed $729,000 -2.7% $608 / Sq Ft
04/18/2016 04/18/16 For Sale $749,000 -- $624 / 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 $10,117 $846,060 $586,441 $259,619
2024 $10,117 $829,472 $574,943 $254,529
2023 $9,922 $813,209 $563,670 $249,539
2022 $9,458 $797,265 $552,618 $244,647
2021 $9,340 $781,633 $541,783 $239,850
2019 $9,057 $758,451 $525,714 $232,737
2018 $9,019 $743,580 $515,406 $228,174
2016 $7,988 $667,400 $528,300 $139,100
2015 $6,193 $516,800 $409,100 $107,700
2014 $5,992 $489,400 $387,400 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-116574

The MLS

APN: 5545-007-061