$710,000
SOLD APR 11, 2025
2 Beds
2 Baths
990 Sq Ft
$675/mo HOA Fee

Recently Sold

$717 Per Sq Ft

19% Below List Price

136 Days on Market

Highlights

  • 24-Hour Security
  • Automatic Gate
  • Gated Community
  • Heated In Ground Pool
  • Two Primary Bedrooms
  • 5-minute walk to Laurel Avenue Park

About This Home

As of April 2025

Rare opportunity to own this beautiful, sought-after Mid-Century Gem. South-facing unit in a stunning 1960s Architectural, 15-unit building designed by renowned architect, Donald G. Park. Ideal floor plan in this 2 bed/2 bath, private unit. Updated kitchen with stainless steel appliances and countertop that opens to the living room and dining area with a dry bar; which boasts floor-to-ceiling windows that lead to a large terrace with views and overlooks the pool. Oversized, primary bedroom suite with ample closet space. On the other side of the living room is a beautiful en-suite, guest room. Both bedrooms have access to the terrace. Other features include a washer/dryer in-unit, central HVAC with a Nest thermostat, copper plumbing, and (2) side-by-side subterranean garage parking spaces. Premier Sunset Strip location moments to West Hollywood, Hollywood Hills, and all the best entertainment, gyms, and dining in LA. Just steps from the Sunset/Crescent Heights shopping center, Trader Joe's, Whole Foods, Bristol Farms, and Chateau Marmont.

Last Agent to Sell the Property

Roger Perry

Rodeo Realty License #01882885 Listed on: 11/01/2024

Rodeo Realty

Last Buyer's Agent

Haley Hale

Elevate Real Estate Agency License #02111010

Elevate Real Estate Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,108

Year Built

  • Built in 1962

Lot Details

  • South Facing Home
  • Gated Home
  • Drip System Landscaping
  • Sprinklers on Timer

HOA Fees

  • $675 Monthly HOA Fees

Property Views

  • City
  • Trees
  • Pool

Home Design

  • Midcentury Modern Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 990 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Sliding Doors
  • Living Room
  • Dining Area
  • Security Lights

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Dressing Area
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Automatic Gate

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5551-017-123

Community Details

Overview

  • Association fees include water, trash, earthquake insurance, building and grounds
  • 15 Units
  • HOA Premier Association
  • Maintained Community

Amenities

  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,108

Year Built

Built in 1962

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: 1550 Laurel
  • Disability Access: Doors - Swing In, Handicap Access, Wheelchair Adaptable
  • Entry Floor: 2
  • Entry Location: Ground Level w/steps
  • Living Area: 990
  • Lot Acreage: 0.2928
  • Planned Urban Dev: 0
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Mixed, Carpet
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Inside, In Closet
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Cable, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Elevator, Washer, Refrigerator, Range/Oven, Ice Maker, Microwave
  • Price Per S Q F T: 807.07

Exterior Features

  • Direction Faces: South
  • Construction: Brick, Stucco
  • Other Features: Sliding Glass Doors, Balcony
  • Tennis Court Y/N: No
  • Patio: Covered, Covered Porch
  • Pool Description: Heated, Community
  • Pool: Yes
  • Spa Yn: No
  • View: City, Pool, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterr Side by Side

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Community, Exterior Security Lights, Fire and Smoke Detection System, Gated, Smoke Detector, Resident Manager
  • Sewer: In Connected and Paid
  • Water: District

Association/Amenities

  • Amenities: Security, Gated Parking, Gated Community, Pool, Extra Storage, Assoc Maintains Landscape, Assoc Pet Rules
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water, Trash, Earthquake Insurance, Building and Grounds
  • HOA Fees: 675.00
  • Management Company: HOA Premier
  • Mgmt Co Phone: 4249994711|830
  • HOA: Yes

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer, Drip System
  • Horses: No
  • Assessor Parcel Number: 5551-017-123
  • Lot Size Area: 12754

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Apr 1, 2025
Sold by
Dickson William Scott and Caldwell Reuben Nyerere
Bought by
Coastal Capital Homes Llc
Seller's Agent
Roger Perry
Rodeo Realty
Buyer's Agent
Haley Hale
Elevate Real Estate Agency
List Price
$875,000
Sold Price
$710,000
Premium/Discount to List
-$165,000
-18.86%
Views
110
Current Estimated Value
$709,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$164
Avg. Annual Appreciation
-0.04%

Purchase Details

Listed on
Nov 1, 2024
Closed on
Mar 26, 2025
Sold by
Coastal Capital Homes Llc
Bought by
Ding Chloe and Chen Xue
Seller's Agent
Roger Perry
Rodeo Realty
Buyer's Agent
Haley Hale
Elevate Real Estate Agency
List Price
$875,000
Sold Price
$710,000
Premium/Discount to List
-$165,000
-18.86%
Views
110

Purchase Details

Closed on
Jul 27, 2023
Sold by
Dickson William Scott and Dickson Reuben Nyerere
Bought by
Dickson William Scott and Caldwell Reuben Nyerere

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 16, 2002
Sold by
Hinton Bruce W
Bought by
Dickson Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.37%

Purchase Details

Closed on
May 8, 2001
Sold by
Wilson M Robert and Mrw Trust
Bought by
Hinton Bruce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.15%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 17, 1996
Sold by
Macaya William T
Bought by
Wilson M Robert and The Mrw Trust

Purchase Details

Closed on
Oct 16, 1996
Sold by
Macaya William T and 1550 Laurel Avenue Ltd
Bought by
Macaya William T
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $710,000 Chicago Title Company
Grant Deed $730,000 Lawyers Title Company
Gift Deed -- Old Republic Title Company
Grant Deed $350,000 Equity Title Company
Grant Deed $235,000 Fidelity National Title Co
Grant Deed $131,500 Investors Title Company
Gift Deed -- Investors Title Company
Gift Deed -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Credit Line Revolving
Previous Owner $200,000 No Value Available
Previous Owner $188,000 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $710,000 -11.1% $717 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
01/23/2025 01/23/25 Price Changed $799,000 -4.3% $807 / Sq Ft
12/03/2024 12/03/24 Price Changed $835,000 -4.6% $843 / Sq Ft
11/01/2024 11/01/24 For Sale $875,000 -- $884 / 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 $6,108 $506,894 $182,479 $324,415
2024 $6,108 $496,955 $178,901 $318,054
2023 $5,993 $487,212 $175,394 $311,818
2022 $5,743 $477,659 $171,955 $305,704
2021 $5,668 $468,294 $168,584 $299,710
2019 $5,431 $454,406 $163,585 $290,821
2018 $5,411 $445,497 $160,378 $285,119
2016 $5,137 $428,200 $154,151 $274,049
2015 $5,061 $421,769 $151,836 $269,933
2014 $5,081 $413,508 $148,862 $264,646
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-448003

The MLS

APN: 5551-017-123