NOT LISTED FOR SALE

Estimated Value: $551,000 - $811,000

1 Bed
1 Bath
854 Sq Ft
$344/mo HOA Fee

Last Sold March 13, 2019

Last sale price $605,000 $708 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,549/month

14 Days on Market

Highlights

  • Unit is on the top floor
  • Gated Parking
  • Midcentury Modern Architecture
  • In Ground Pool
  • 30,556 Sq Ft lot
  • Wood Flooring

About This Home

As of March 2019

Elegant urban oasis just above the world famous Sunset Strip! The sophisticated Laurel Palms Complex transports you into a lush tropical garden with inviting fountains and stunning pool. Rare opportunity to own this tucked-away second-floor, large one-bedroom/one-bath unit with living room that overlooks the lush foliage and pool. This beautiful unit has been freshly painted and features wood floors, recessed lighting, dining room, remodeled bathroom with freestanding tub and separate shower, renovated fully-equipped kitchen with quartz counter tops, generous closet space in bedroom, hallway, and living room, newer wall a/c units and furnace, custom blinds and drapes, and an underground parking spot. This West Hollywood adjacent tranquil unit has it all; close to all the finest gourmet restaurants, Trader Joe's, gyms, shops and fantastic entertainment!

Last Agent to Sell the Property

Jennifer Gainey

Compass License #01361195 Listed on: 01/24/2019

Compass

Last Buyer's Agent

Jason Walker

The Agency License #01347583

The Agency

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,174

Year Built

  • Built in 1953

Lot Details

  • 0.7

HOA Fees

  • $344 Monthly HOA Fees

Property Views

  • Pool
  • Courtyard

Home Design

  • Midcentury Modern Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 854 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Gated Parking
  • On-Street Parking

Pool

  • In Ground Pool
  • Gas Heated Pool

Utilities

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

Additional Features

  • Gated Home
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 5551-016-161

Community Details

Overview

  • 36 Units

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,174

Year Built

Built in 1953

Lot Details

0

HOA Fees

$344 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Levels: Top Level
  • Street Number Display: Yes
  • Complex Name: Laurel Palms Complex
  • Entry Floor: 2
  • Living Area: 854
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1953
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Stone Tile, Tile, Wood
  • Appliances: Free Standing Gas
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Formal Dining Rm
  • Kitchen Features: Counter Top, Remodeled
  • Laundry: Community, Room
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal
  • Fireplace: No
  • Price Per S Q F T: 642.86

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Heated with Gas, In Ground
  • Pool: Yes
  • View: Courtyard, Pool
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Gated Underground, On street, Subterranean

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Gated
  • Sewer: In Connected and Paid, In Street
  • Water: In Street

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 344.38
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5551-016-161
  • Geocode Override: No
  • Lot Size Area: 30556

Multi Family

  • Number Of Units: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Hedden Brian P
Bought by
Brian Hedden Trust
Current Estimated Value
$664,551

Purchase Details

Listed on
Jan 24, 2019
Closed on
Feb 22, 2019
Sold by
Talbot Emily
Bought by
Allan Scott Christopher
Seller's Agent
Jennifer Gainey
Compass
Buyer's Agent
Jason Walker
The Agency
List Price
$549,000
Sold Price
$605,000
Premium/Discount to List
$56,000
10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
Original Mortgage
$245,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2019
Closed on
Feb 12, 2019
Sold by
Allan Scott Christopher
Bought by
Hedden Brian P
Seller's Agent
Jennifer Gainey
Compass
Buyer's Agent
Jason Walker
The Agency
List Price
$549,000
Sold Price
$605,000
Premium/Discount to List
$56,000
10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2009
Sold by
Iglar John M
Bought by
Allan Scott Christopher

Purchase Details

Closed on
Jun 19, 2006
Sold by
Doucette David and Greenberg Wendy
Bought by
Iglar John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2005
Sold by
Greenberg Wendy
Bought by
Doucette David and Greenberg Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2001
Sold by
Drucker Adam D
Bought by
Greenberg Wendy

Purchase Details

Closed on
Aug 21, 2000
Sold by
Sagal Jean
Bought by
Drucker Adam D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
7.87%
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
Brian Hedden Trust -- --
Allan Scott Christopher -- Provident Title
Hedden Brian P $605,000 Provident Title
Allan Scott Christopher $411,000 Fidelity National Title
Iglar John M $499,000 Southland Title
Doucette David -- North American Title Co
Greenberg Wendy $250,000 Provident Title
Drucker Adam D $161,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hedden Brian P $245,000
Previous Owner Iglar John M $399,200
Previous Owner Doucette David $250,000
Previous Owner Drucker Adam D $128,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2019 03/13/19 Sold $605,000 +10.2% $708 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $549,000 -- $643 / 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 $8,174 $674,882 $539,908 $134,974
2024 $8,174 $661,650 $529,322 $132,328
2023 $8,020 $648,678 $518,944 $129,734
2022 $7,676 $635,960 $508,769 $127,191
2021 $7,581 $623,492 $498,794 $124,698
2019 $1,548 $475,580 $380,467 $95,113
2018 $5,666 $466,256 $373,007 $93,249
2016 $5,384 $448,153 $358,524 $89,629
2015 $5,304 $441,422 $353,139 $88,283
2014 $4,377 $355,000 $284,000 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-427590

The MLS

APN: 5551-016-161