NOT LISTED FOR SALE
0.21 Acre
-- Price per Acre
9,244 Sq Ft Lot

Sale Details

Date Sold: April 29, 2015

Last sale price $2,100,000

117 Days on Market

About This Lot

As of April 2015

Proposed project consists of a 3 story structure comprised of 15 residential units built on top of a two level parking Structure. The offering memorandum introduces two proforma possibilities: one for a 15 unit apartment building with a Subterranean and an upper level Garage providing 30 parking spaces; and the other, for 15 for-sale condominiums with 2 subterranean - 37 spaces - parking garage. A building permit for condominiums was RTI in 2008 and expired about two or three years later - the vesting tentative tract map #69830 is still active. Plans and documentation are available. The Cherokee Development Project rests in a prime area of Hollywood. Flanked by arterial main streets: Franklin and Highland, it is a preferred area by young professionals. This area is the regional leader in healthcare and maintains its status as the favored host and anchor of the entertainment industry. It is the most consistent global tourism destination in the country.

Last Agent to Sell the Property

Raffi Tal

Century 21 Peak Listed on: 12/01/2014

Last Buyer's Agent

Donald Heller

Christie's International Real Estate SoCal License #01198240

Christie's International Real Estate SoCal

Property Details

Property Type

  • Land

Lot Details

  • 9,244 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 5547-004-020

Property Details

Property Type

Land

Lot Details

9,244 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5547-004-020
  • Geocode Override: No
  • Lot Size Area: 9244

Rental Info

  • Land Lease Expiration Year: 2014
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2015 04/29/15 Sold $2,100,000 -5.8% --
03/28/2015 03/28/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $2,230,000 -- --
Source: The MLS

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 $51,420 $4,325,119 $2,523,882 $1,801,237
2024 $51,420 $4,240,314 $2,474,395 $1,765,919
2023 $50,414 $4,157,172 $2,425,878 $1,731,294
2022 $48,080 $4,075,660 $2,378,312 $1,697,348
2021 $47,533 $3,995,746 $2,331,679 $1,664,067
2019 $36,161 $3,036,293 $2,262,521 $773,772
2018 $26,606 $2,218,158 $2,218,158 $0
2016 $25,487 $2,132,025 $2,132,025 $0
2015 $20,671 $1,727,899 $1,727,899 $0
2014 $16,534 $1,350,000 $1,350,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-813501

The MLS
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