Seller's Agent in 2020
Emmanuel Xuereb
Compass
(323) 559-9000
2 in this area
51 Total Sales
1537 Viewsite Terrace Los Angeles, CA 90069
Hollywood Hills West NeighborhoodEstimated Value: $3,536,000 - $4,213,000
3
Beds
3
Baths
2,276
Sq Ft
$1,703/Sq Ft
Est. Value
Highlights
- Ocean View
- 0.43 Acre Lot
- Living Room with Fireplace
- In Ground Pool
- Contemporary Architecture
- Wood Flooring
About This Home
As of October 2020Build your architectural masterpiece on top of the world with views to the ocean in one of the most iconic neighborhoods of the Hollywood Hills. Breathtaking & priceless sunsets all year round. Aptly named Viewsite Terrace, this is a prized property on a cul-de-sac, spanning close to 19,000 square feet, as well as being strategically placed on a corner, which opens up great design possibilities as well as driveway access. Take advantage of this rare find to build a modern work of art; or, hold on to it for future asset potential by refurbishing it & either live or rent it until you're ready to do the work. Owned by the same family since the early 1970's, these kinds of properties rarely come available. Up here, you're on top of the world, yet minutes away from one of the centers of the world. The property has been lived in until recently, but would need a lot of work to bring it up to present day standards. Looking forward to seeing your creation come alive.
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01305623
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- 0.43 Acre Lot
- Lot Dimensions are 155x118
- West Facing Home
- Tear Down
- Property is zoned LARE11
Parking
- 2 Car Attached Garage
Property Views
- Ocean
- Catalina
- Panoramic
- City Lights
- Woods
- Canyon
- Mountain
- Hills
Home Design
- Contemporary Architecture
- Split Level Home
- Fixer Upper
Interior Spaces
- 2,276 Sq Ft Home
- 2-Story Property
- Two Way Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Home Office
- Laundry Room
Kitchen
- Breakfast Bar
- Oven
- Gas Cooktop
- Microwave
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- In Ground Pool
- Balcony
- Open Patio
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5558-004-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2020
Closed on
Oct 2, 2020
Sold by
Deixler Bert and Deixler Family Trust
Bought by
Feldstein Richard and The Viewsite Trust
Seller's Agent
Emmanuel Xuereb
Compass
Buyer's Agent
Daniel Banchik
Berkshire Hathaway HomeServices California Properties
List Price
$3,499,000
Sold Price
$3,000,000
Premium/Discount to List
-$499,000
-14.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$876,044
Avg. Annual Appreciation
5.09%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Feldstein Richard | $3,000,000 | Fidelity National Title Co |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/09/2020 10/09/20 | Sold | $3,000,000 | -6.2% | $1,318 / Sq Ft |
| 09/24/2020 09/24/20 | Pending | -- | -- | -- |
| 09/02/2020 09/02/20 | Price Changed | $3,199,000 | -8.6% | $1,406 / Sq Ft |
| 08/14/2020 08/14/20 | For Sale | $3,499,000 | -- | $1,537 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $38,714 | $3,247,294 | $2,597,836 | $649,458 |
| 2024 | $38,714 | $3,183,623 | $2,546,899 | $636,724 |
| 2023 | $37,960 | $3,121,200 | $2,496,960 | $624,240 |
| 2022 | $36,211 | $3,060,000 | $2,448,000 | $612,000 |
| 2021 | $35,782 | $3,000,000 | $2,400,000 | $600,000 |
| 2020 | $2,822 | $197,230 | $91,668 | $105,562 |
| 2019 | $2,726 | $193,364 | $89,871 | $103,493 |
| 2018 | $2,656 | $189,573 | $88,109 | $101,464 |
| 2016 | $2,492 | $182,214 | $84,689 | $97,525 |
| 2015 | $2,459 | $179,478 | $83,417 | $96,061 |
| 2014 | $2,484 | $175,963 | $81,783 | $94,180 |
Source: Public Records
Agents Affiliated with this Home
-
Emmanuel Xuereb
-
Salvator Xuereb
Seller Co-Listing Agent in 2020
Salvator Xuereb
Compass
(323) 447-0385
2 in this area
51 Total Sales
-
Daniel Banchik
Buyer's Agent in 2020
Daniel Banchik
Berkshire Hathaway HomeServices California Properties
(310) 503-6436
5 in this area
80 Total Sales
Map
Source: The MLS
MLS Number: 20-618426
APN: 5558-004-025
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