NOT LISTED FOR SALE

1615 N Laurel Ave Unit 201 Los Angeles, CA 90046

Hollywood Hills West Neighborhood

Estimated Value: $713,000 - $947,000

3 Beds
2 Baths
1,288 Sq Ft
$552/mo HOA Fee

Last Sold August 11, 2020

Last sale price $750,000 $582 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,889/month

62 Days on Market

Highlights

  • In Ground Pool
  • Views of Trees
  • Wood Flooring
  • Gated Parking
  • 30,556 Sq Ft lot
  • Spanish Architecture

About This Home

As of August 2020

Rare 3-bedrm opportunity in the highly sought-after Laurel Palms - the perfect work-from-home retreat in a Mid-Century Spanish-style oasis. Revel in the beauty of the lush tropical courtyard, sparkling pool & beautiful tile work. Bask in the abundant natural light upon entering the open airy living rm w/ hardwd floors, plantation shutters & elegant crown molding. The vintage chic kitchen features Italian floor tile, high-end appliances, including a Fisher Paykel refrigerator, new dishwasher & Maytag gas range w/ double oven. The master bath is updated w/ a clawfoot tub & custom green glass shower. The guest bath, recently remodeled w/ a new vanity, wall & floor tiles. Tucked behind the Sunset Strip & adjacent to WeHo, this special offering is conveniently located near countless shops & eateries including Greenblatts, Bristol Farms, Starbucks, Trader Joe's & AMC Theaters. Unit comes w/ 2 secured side-by-side parking spots.

Last Agent to Sell the Property

Angelo Fierro

Compass License #01724787 Listed on: 05/01/2020

Compass

Co-Listed By

Angela Acuff

Coldwell Banker Realty License #01936627

Last Buyer's Agent

Angelo Fierro

Compass License #01724787

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,814

Year Built

  • Built in 1953

Lot Details

  • 0.7

HOA Fees

  • $552 Monthly HOA Fees

Property Views

  • Trees
  • Peek-A-Boo
  • Canyon
  • Pool
  • Courtyard

Home Design

  • Spanish Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,288 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Side by Side Parking
  • Gated Parking
  • Controlled Entrance

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Additional Features

  • In Ground Pool
  • Gated Home

Listing and Financial Details

  • Assessor Parcel Number 5551-016-155

Community Details

Overview

  • 36 Units
  • Low-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,814

Year Built

Built in 1953

Lot Details

0

HOA Fees

$552 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: Rare 3-bedroom opportunity in the highly sought-after Laurel Palms - the perfect work-from-home retreat in a Mid-Century Spanish-style oasis. Revel in the beauty of the lush tropical courtyard, sparkling pool & beautiful tile work. Bask in the abundant natural light upon entering the open airy living room w/ hardwood floors, plantation shutters & elegant crown molding. The vintage chic kitchen features, Italian floor tile, high-end appliances, including a Fisher Paykel refrigerator, new dishwasher & Maytag gas range w/ double oven. The master bath is updated w/ a clawfoot tub & custom green glass shower. The guest bath, recently remodeled w/a new vanity, wall & floor tiles. Tucked behind the Sunset Strip & adjacent to West Hollywood, this special offering is conveniently located near countless shops and eateries including Greenblatts, Bristol Farms, Starbucks, Crunch Gym, Trader Joe's & AMC Theaters. Unit comes w/ 2 secured side-by-side parking spots.
  • Complex Name: Laurel Palms
  • Entry Floor: 2
  • Living Area: 1288
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 2
  • Year Built: 1953
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Mixed, Tile, Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 643.63

Exterior Features

  • Pool Description: In Ground
  • Pool: Yes
  • View: Canyon, Courtyard, Peek-A-Boo, Pool, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Gated Underground, Side By Side

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Card/Code Access, Gated

Association/Amenities

  • Amenities: Controlled Access, Gated Parking, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 552.45
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5551-016-155
  • Geocode Override: No
  • Lot Size Area: 30556

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Aug 3, 2020
Sold by
Bailey Marina C and The Marina C Bailey Revocable
Bought by
Vitale Giuseppe and Vitale Antonella
Seller's Agent
Angelo Fierro
Compass
Buyer's Agent
Angelo Fierro
Compass
List Price
$829,000
Sold Price
$750,000
Premium/Discount to List
-$79,000
-9.53%
Current Estimated Value
$854,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,916
Avg. Annual Appreciation
2.55%
Original Mortgage
$600,000
Outstanding Balance
$533,225
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$321,691

Purchase Details

Closed on
Feb 24, 2012
Sold by
Pelletier Joel
Bought by
Bailey Marina C and Marina C Bailey Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2008
Sold by
Bailey Marina C
Bought by
Bailey Marina C and The Marina C Bailey Revocable

Purchase Details

Closed on
Apr 3, 2000
Sold by
Scheifele Trust Scheifele Katherine S Tr Kath
Bought by
Bailey Marina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
6.2%

Purchase Details

Closed on
Jun 24, 1997
Sold by
Scheifele Katherine S
Bought by
Scheifele Katherine S and Katherine S Scheifele Trust

Purchase Details

Closed on
Apr 28, 1997
Sold by
Scheifele Harry J
Bought by
Scheifele Katherine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.96%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 22, 1997
Sold by
Kusiciel Janet K
Bought by
Scheifele Katherine S and Scheifele Shirley Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.96%
Mortgage Type
Balloon
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
Vitale Giuseppe $750,000 Lawyers Title
Bailey Marina C -- Stewart Title
Bailey Marina C -- None Available
Bailey Marina C $268,000 Equity Title Company
Scheifele Katherine S -- --
Scheifele Katherine S -- --
Scheifele Katherine S -- Chicago Title
Scheifele Katherine S $196,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitale Giuseppe $600,000
Previous Owner Bailey Marina C $345,000
Previous Owner Bailey Marina C $214,400
Previous Owner Scheifele Katherine S $125,000
Closed Bailey Marina C $40,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2020 08/11/20 Sold $750,000 -9.5% $582 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $829,000 0.0% $644 / Sq Ft
07/19/2018 07/19/18 Rented $3,700 -2.6% --
07/02/2018 07/02/18 For Rent $3,800 0.0% --
06/29/2018 06/29/18 Under Contract -- -- --
06/11/2018 06/11/18 For Rent $3,800 -- --
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 $9,814 $811,822 $649,458 $162,364
2024 $9,814 $795,905 $636,724 $159,181
2023 $9,628 $780,300 $624,240 $156,060
2022 $9,209 $765,000 $612,000 $153,000
2021 $9,094 $750,000 $600,000 $150,000
2020 $4,646 $376,621 $123,664 $252,957
2019 $4,464 $369,238 $121,240 $247,998
2018 $4,444 $361,999 $118,863 $243,136
2016 $4,208 $347,945 $114,249 $233,696
2015 $4,146 $342,719 $112,533 $230,186
2014 $4,164 $336,006 $110,329 $225,677
Source: Public Records

Agents Affiliated with this Home

  • Angelo Fierro

    Seller's Agent in 2020

    Angelo Fierro

    Compass

    (323) 821-5353

    2 in this area

    69 Total Sales

    Angelo Fierro
    Section Image
  • Angela Acuff

    Seller Co-Listing Agent in 2020

    Angela Acuff

    Coldwell Banker Realty

    (818) 720-8875

    1 in this area

    32 Total Sales

    Angela Acuff
    Section Image
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Map

Source: The MLS

MLS Number: 20-575198

The MLS

APN: 5551-016-155

California Los Angeles County Los Angeles 90046 Hollywood Hills West

1615 N Laurel Ave Unit 201, Los Angeles, CA

This home is located at 1615 N Laurel Ave Unit 201, Los Angeles, CA 90046 since 01 May 2020 and is currently estimated at $854,916, approximately $663 per square foot. This property was built in 1953. 1615 N Laurel Ave Unit 201 is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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