NOT LISTED FOR SALE

Estimated Value: $540,000 - $691,000

1 Bed
1 Bath
850 Sq Ft
0.7 Acres

Highlights

  • In Ground Pool
  • 0.7 Acre Lot
  • Spanish Architecture
  • Automatic Gate
  • Wood Flooring
  • Galley Kitchen

About This Home

As of January 2021

1615 N Laurel Ave is a beautiful classic Spanish building located just above the World Famous Sunset Strip in the Hollywood Foothills in one of the most charming neighborhoods in town. Gated complex with secure gated parking, this upper unit overlooks the pool and courtyard and is flooded with natural light features hardwood floors, recessed lighting, a generous living room, dining area, galley kitchen, good sized bedroom and a recently updated bathroom, built-in shelves, vanity, and tons of closet space. Also includes refrigerator, stove, & dishwasher. Controlled access building air conditioner in unit. Amenities include pool and on-site laundry. Close to the Comedy Store, Crunch Gym, Trader Joe's, Bristol Farms,Veggie Grill, Starbuck's and numerous juice bars and organic restaurants.

Last Agent to Rent the Property

Brian Ades

Sotheby's International Realty License #01347985 Listed on: 12/02/2020

Sotheby's International Realty

Last Renter's Agent

Brian Ades

Sotheby's International Realty License #01347985 Listed on: 12/02/2020

Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,105

Year Built

  • Built in 1953 | Remodeled

Lot Details

  • East Facing Home
  • Gated Home

Home Design

  • Spanish Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 850 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room
  • Dining Area

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Automatic Gate
  • Controlled Entrance

Pool

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $4,000
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5551-016-164

Community Details

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,105

Year Built

Built in 1953 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Security Deposit: 4000
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 2
  • Entry Location: Main Level
  • Lease Terms: 1+Year
  • Living Area: 850
  • Lot Acreage: 0.7015
  • Monthto Month: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1953
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Galley Kitchen, Tile Counters
  • Laundry: Laundry Area, Outside, Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Refrigerator, Range/Oven
  • Fireplace: No
  • Price Per S Q F T: 2.94

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Pool Description: In Ground, Community
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Door Opener
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Gated
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Controlled Access, Gated Parking, Pool

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5551-016-164
  • Lot Size Area: 30556

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2004
Sold by
Goncalves Davis Michael G
Bought by
Grossman Geoff
Current Estimated Value
$605,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,200
Outstanding Balance
$163,456
Interest Rate
5.75%
Mortgage Type
Stand Alone First
Estimated Equity
$441,560

Purchase Details

Closed on
Aug 21, 2002
Sold by
Faulkner Michael W and Faulkner James D
Bought by
Goncalves Davis Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.62%

Purchase Details

Closed on
Jul 27, 1998
Sold by
Knutsen Nancy
Bought by
Faulkner Michael W and Faulkner James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.87%
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
Grossman Geoff $419,000 Fidelity National Title
Goncalves Davis Michael G $280,000 First American Title Co
Faulkner Michael W $153,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossman Geoff $335,200
Previous Owner Goncalves Davis Michael G $224,000
Previous Owner Faulkner Michael W $153,000
Closed Grossman Geoff $83,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2021 01/15/21 Rented $2,500 0.0% --
12/02/2020 12/02/20 For Rent $2,500 -3.8% --
03/20/2017 03/20/17 Rented $2,600 +4.0% --
02/17/2017 02/17/17 For Rent $2,500 +8.7% --
05/23/2014 05/23/14 Rented $2,300 -8.0% --
05/23/2014 05/23/14 Under Contract -- -- --
03/27/2014 03/27/14 For Rent $2,500 -- --
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 $7,105 $584,031 $467,230 $116,801
2024 $7,105 $572,580 $458,069 $114,511
2023 $6,972 $561,354 $449,088 $112,266
2022 $6,678 $550,348 $440,283 $110,065
2021 $6,595 $539,557 $431,650 $107,907
2019 $6,332 $523,555 $418,848 $104,707
2018 $6,312 $513,290 $410,636 $102,654
2016 $6,006 $493,361 $394,692 $98,669
2015 $5,621 $461,000 $369,000 $92,000
2014 $4,463 $355,000 $284,000 $71,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-666074

The MLS

APN: 5551-016-164