NOT LISTED FOR SALE

Estimated Value: $646,000 - $813,000

2 Beds
2 Baths
1,040 Sq Ft
$681/mo HOA Fee

Last Sold October 05, 2023

Last sale price $715,000 $688 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,315/month

16 Days on Market

Highlights

  • Heated In Ground Pool
  • Automatic Gate
  • 0.7 Acre Lot
  • No Units Above
  • Peek-A-Boo Views
  • Wood Flooring

About This Home

As of October 2023

This charming condominium is located within an enchanting Spanish courtyard pool property, on the second floor with two bedrooms and two full baths. The unit affords privacy and convenience along with natural light, and excellent closet space. Two side-by-side no hassle parking spaces come with additional storage space in the underground secure garage. Wood floors, plantation shutters, built in cabinets and tile counters add to the vintage vibes, cooled by the newly installed mini-split ac unit for modern comfort. Several of the tile surfaces have been reglazed and are shiny white. Located on the top, North West corner of this property providing Hollywood Hills views from both bedrooms. The security-monitored, gated access property welcomes you with saltillo tile decking, fountains, opulent gardens and a beautiful, heated swimmers pool. Buyer to cooperate with seller's 1031 exchange at no additional cost to buyer.

Last Agent to Sell the Property

Steve Tipp

Compass License #00579319 Listed on: 08/04/2023

Compass

Last Buyer's Agent

Richard Schulman

Keller Williams Los Angeles License #01427211

Keller Williams Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,827

Year Built

  • Built in 1953

Lot Details

  • No Units Above
  • Two or More Common Walls
  • West Facing Home

HOA Fees

  • $681 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Pull-through
  • Parking Available
  • Side by Side Parking
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • Peek-A-Boo
  • Hills

Home Design

  • Spanish Architecture
  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 1,040 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Plantation Shutters
  • Casement Windows
  • Combination Dining and Living Room
  • Storage
  • Laundry Room

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub
  • Separate Shower

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected
  • Central Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 45827
  • Assessor Parcel Number 5551016160
  • $276 per year additional tax assessments

Community Details

Overview

  • 36 Units
  • Laurel Palms Association, Phone Number (714) 845-7959
  • Revolve Property Management HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,827

Year Built

Built in 1953

Lot Details

0

HOA Fees

$681 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5551016160
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1040.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Storage, Tile Counters
  • Stories: 2
  • Entry Location: steps up
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 687.50
  • Room Type: Galley Kitchen, Walk-In Closet
  • Window Features: Casement Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Shower, Separate Tub And Shower, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Hills, Peek-A-Boo
  • Pool Features: Community, Heated, In Ground
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Gated, Pull-through, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Refrigerator, Water Heater Central
  • Heating Type: Ductless
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Trash, Water, Pet Rules
  • Association Fee: 681.08
  • Association Fee Frequency: Monthly
  • Association Name: Laurel Palms
  • Phone: 714.845.7959
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
  • Association Management: Revolve Property management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 30556.00
  • Lot Size Acres: 0.7015

Multi Family

  • Lease Considered: No
  • Lot Size Area: 30556.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 36

Tax Info

  • Tax Census Tract: 1898.01
  • Tax Lot: 1
  • Tax Tract Number: 45827
  • TaxOtherAnnualAssessmentAmount: 276.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Aug 30, 2023
Sold by
Le Beau Brad Mason
Bought by
Selkirk Alaleh and Selkirk Daria
Seller's Agent
Steve Tipp
Compass
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$728,000
Sold Price
$715,000
Premium/Discount to List
-$13,000
-1.79%
Views
71
Current Estimated Value
$734,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,506
Avg. Annual Appreciation
1.33%
Original Mortgage
$642,785
Outstanding Balance
$629,827
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$104,679

Purchase Details

Listed on
Aug 4, 2023
Closed on
Aug 28, 2023
Sold by
Mcnellis Michael Patrick
Bought by
Selkirk Alaleh
Seller's Agent
Steve Tipp
Compass
Buyer's Agent
Richard Schulman
Keller Williams Los Angeles
List Price
$728,000
Sold Price
$715,000
Premium/Discount to List
-$13,000
-1.79%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,785
Outstanding Balance
$629,827
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$104,679
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 Buyer Sale Price Title Company
Selkirk Alaleh $715,000 Lawyers Title
Selkirk Alaleh -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selkirk Alaleh $642,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2023 10/05/23 Sold $715,000 -1.8% $688 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/04/2023 08/04/23 For Sale $728,000 0.0% $700 / Sq Ft
03/30/2020 03/30/20 Rented $2,995 0.0% --
02/29/2020 02/29/20 For Rent $2,995 +7.0% --
09/19/2018 09/19/18 Rented $2,800 -5.9% --
09/18/2018 09/18/18 Under Contract -- -- --
08/02/2018 08/02/18 For Rent $2,975 +8.2% --
07/20/2017 07/20/17 Rented $2,750 -4.7% --
07/12/2017 07/12/17 Under Contract -- -- --
05/30/2017 05/30/17 For Rent $2,885 +3.2% --
06/01/2016 06/01/16 Rented $2,795 -6.7% --
05/10/2016 05/10/16 Under Contract -- -- --
04/01/2016 04/01/16 For Rent $2,995 +19.8% --
06/01/2014 06/01/14 Rented $2,500 0.0% --
05/16/2014 05/16/14 Under Contract -- -- --
05/06/2014 05/06/14 For Rent $2,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,827 $729,300 $583,440 $145,860
2024 $8,827 $715,000 $572,000 $143,000
2023 $3,296 $260,801 $150,107 $110,694
2022 $3,175 $255,688 $147,164 $108,524
2021 $3,129 $250,676 $144,279 $106,397
2019 $2,970 $243,243 $140,000 $103,243
2018 $2,953 $238,474 $137,255 $101,219
2016 $2,782 $229,216 $131,926 $97,290
2015 $2,741 $225,774 $129,945 $95,829
2014 $2,757 $221,352 $127,400 $93,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23119452

California Regional Multiple Listing Service (CRMLS)

APN: 5551-016-160