NOT LISTED FOR SALE

Estimated Value: $826,000 - $1,085,000

1 Bed
2 Baths
1,390 Sq Ft
$663/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $870,000 $626 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,361/month

93 Days on Market

Highlights

  • Gated Parking
  • City Lights View
  • Wood Flooring
  • Gated Community
  • 0.3 Acre Lot
  • Breakfast Area or Nook

About This Home

As of November 2021

This celebrity-owned condo is arguably one of the best architectural lofts in Hollywood, with a fabulous walk score. This Pugh and Scarpa-designed loft is the epitome of a modern city home. The largest unit in the building, this freshly painted, multi-level unit is conveniently accessed through the entryway of the open-air courtyard. The first floor flaunts a 24' high ceiling, bright light through a custom glass steel roll-up window, recessed lighting, a modern kitchen with stainless steel appliances, and a customized island. The wood staircase leads you to the mezzanine level, perfect for a workspace, guest bedroom, or gym with a 1/2 bath. The large third-floor master suite offers an enclosed master bathroom, washer/dryer closet, tons of closet space, and a private balcony with Hollywood views. The new Hollywood has over 30 completed projects incl. Viacom & Emerson Film School, Netflix global HQ and are walking distance from Trader Joe's, the Farmers Market, Hollywood Pantages, Arclig

Last Agent to Sell the Property

Karen Menjivar

Compass License #01821901 Listed on: 07/26/2021

Compass

Co-Listed By

Jesse Sanchez

Compass License #01908739

Last Buyer's Agent

Patrick Cochran

Coldwell Banker Realty License #01817283

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,961

Year Built

  • Built in 2005

Lot Details

  • 0.3

HOA Fees

  • $468 Monthly HOA Fees

Interior Spaces

  • 1,390 Sq Ft Home
  • Built-In Features
  • Living Room
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Home Security

Parking

  • 2 Covered Spaces
  • Private Parking
  • Tandem Parking
  • Gated Parking
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Balcony
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 5545-007-055

Community Details

Overview

  • 12 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,961

Year Built

Built in 2005

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Street Number Display: Yes
  • Advertising Remarks: This celebrity-owned condo is arguably one of the best architectural lofts in Hollywood, with a fabulous walk score. This Pugh and Scarpa-designed loft is the epitome of a modern city home. The largest unit in the building, this freshly painted, multi-level unit is conveniently accessed through the entryway of the open-air courtyard. The first floor flaunts a 24' high ceiling, bright light through a custom glass steel roll-up window, recessed lighting, a modern kitchen with stainless steel appliances, and a customized island. The wood staircase leads you to the mezzanine level, perfect for a workspace, guest bedroom, or gym with a 1/2 bath. The large third-floor master suite offers an enclosed master bathroom, washer/dryer closet, tons of closet space, and a private balcony with Hollywood views. The new Hollywood has over 30 completed projects incl. Viacom & Emerson Film School, Netflix
  • Complex Name: 1523 Inc.
  • Entry Floor: 1
  • Living Area: 1390
  • Lot Acreage: 0.3010
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 1
  • Year Built: 2005
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Cement, Ceramic Tile, Hardwood
  • Bedrooms: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area
  • Laundry: In Closet, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Electric Dryer Hookup, Garbage Disposal, Microwave
  • Price Per S Q F T: 611.51

Exterior Features

  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Private, Tandem

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers, Gated, Smoke Detector

Association/Amenities

  • Amenities: Extra Storage, Gated Community, Gated Parking, Guest Parking
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 468.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5545-007-055
  • Geocode Override: No
  • Lot Size Area: 13102

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Nov 4, 2021
Sold by
Herro Michael Edward and The Michael Edward Herro Livin
Bought by
Classen Christopher Lee
Seller's Agent
Karen Menjivar
Compass
Buyer's Agent
Patrick Cochran
Coldwell Banker Realty
List Price
$850,000
Sold Price
$870,000
Premium/Discount to List
$20,000
2.35%
Current Estimated Value
$921,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,139
Avg. Annual Appreciation
1.51%
Original Mortgage
$696,000
Outstanding Balance
$640,437
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$280,702

Purchase Details

Closed on
May 27, 2021
Sold by
Herro Michael
Bought by
Herro Michael Edward

Purchase Details

Closed on
Jan 21, 2010
Sold by
Ruga Dylan and Kevorkian Casondra
Bought by
Herro Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,780
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2006
Sold by
Urban Environments Llc
Bought by
Ruga Dylan and Kevorkian Casondra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,400
Interest Rate
7.12%
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
Classen Christopher Lee $870,000 Equity Title
Herro Michael Edward -- None Available
Herro Michael $509,000 Ortc
Ruga Dylan $748,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Classen Christopher Lee $696,000
Previous Owner Herro Michael $425,000
Previous Owner Herro Michael E $456,500
Previous Owner Herro Michael $482,065
Previous Owner Herro Michael E $489,117
Previous Owner Herro Michael $499,780
Previous Owner Ruga Dylan $598,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $870,000 +2.4% $626 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/20/2021 10/20/21 Price Changed $850,000 0.0% $612 / Sq Ft
10/20/2021 10/20/21 For Sale $850,000 -2.3% $612 / Sq Ft
10/19/2021 10/19/21 Off Market $870,000 -- --
09/23/2021 09/23/21 Price Changed $910,000 -4.2% $655 / Sq Ft
09/07/2021 09/07/21 Price Changed $949,888 -5.0% $683 / Sq Ft
07/26/2021 07/26/21 For Sale $999,999 -- $719 / 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 $10,961 $923,249 $636,405 $286,844
2024 $10,961 $905,147 $623,927 $281,220
2023 $10,749 $887,400 $611,694 $275,706
2022 $10,245 $870,000 $599,700 $270,300
2021 $7,305 $606,983 $339,267 $267,716
2020 $7,379 $600,760 $335,789 $264,971
2019 $7,085 $588,981 $329,205 $259,776
2018 $7,049 $577,433 $322,750 $254,683
2016 $6,744 $555,013 $310,218 $244,795
2015 $6,646 $546,677 $305,559 $241,118
2014 $6,658 $535,969 $299,574 $236,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-765376

The MLS

APN: 5545-007-055