NOT LISTED FOR SALE

Estimated Value: $1,540,000 - $2,832,000

3 Beds
2 Baths
2,374 Sq Ft
$917/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2012

Last sale price $1,205,000 $508 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $13,470 / mo

Highlights

  • Attached Guest House
  • Updated Kitchen
  • Secluded Lot
  • City Lights View
  • Contemporary Architecture
  • No HOA

About This Home

As of September 2012

Wow! "The Koosis House" Mid-Century Modern by Raphael Soriano. Located in the Hollywood Hills, the home is a terrific example of California post-war modern architecture largely defined by Soriano. Using steel, stone and glass, Soriano blurs the lines between indoors/outdoors bringing a little bit of outdoors into every room. Remodeled with quality materials, the home is undeniably one of Soriano’s jewels. Few Soriano homes survived California natural stresses and demolition making the Koosis House a landmark property that will increase in architectural significance. When the stylistically similar 1+1 guest house was added in 1964, the property was re-zoned as a legal duplex, both being delivered vacant. The original 2+Office, 1.75 bath main house has long been owner occupied, the 1+1 has a rental history between $1,600-$2,000/month. Lower Glencoe is a less densely built street with ample street permit parking and a short walk to the metro, Hollywood & Highland, theaters and restaurants, Runyon Canyon, and many other Hollywood hotspots. The restoration has been a labor of love however, the current owner has a corporate relocation forcing this sale. Your chance to own a piece of Hollywood and architectural history at the right time and location.

Last Agent to Sell the Property

Thomas Sardo

Sotheby International Realty License #01056835 Listed on: 08/07/2012

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 7,147 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Secluded Lot
  • Irregular Lot
  • Back Yard

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Two Garage Doors
  • Gentle Sloping Lot
  • On-Street Parking
  • Parking Permit Required

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Raised Foundation
  • Frame Construction
  • Rolled or Hot Mop Roof
  • Metal Siding
  • Steel Beams
  • Stucco

Interior Spaces

  • 2,374 Sq Ft Home
  • Built-In Features
  • Skylights
  • Custom Window Coverings
  • French Doors
  • Living Room with Fireplace
  • Home Office
  • Storage
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Stone

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Home Security

  • Alarm System
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Attached Guest House
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 6867
  • Assessor Parcel Number 5549022024

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

7,147 Sq Ft Lot

Parking

2

Listing Details

  • Security: Smoke Detector(s), Security System, Wired for Alarm System
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5549022024
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Storage
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Door Features: French Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 507.58
  • Room Type: Master Bedroom, Office
  • Window Features: Custom Covering, Skylight(s)
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Foundation: Combination, Pillar/Post/Pier, Raised
  • Other Structures: Guest House, Guest House Attached
  • View: City Lights
  • Fence: Yes
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No
  • Construction Materials: Frame, Metal Siding, Stucco, Steel

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage Faces Front, Garage, Permit Required, Street, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal
  • Heating Type: Central
  • Laundry Features: Common Area, Gas Dryer Hookup, In Closet
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Street Lights, Urban

Lot Info

  • Lot Features: Back Yard, Cul-De-Sac, Gentle Sloping, Irregular Lot, Secluded, Up Slope from Street
  • Lot Size Sq Ft: 7147.00
  • Lot Size Acres: 0.1640

Multi Family

  • Lot Size Area: 7147.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 6867

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2012
Closed on
Aug 9, 2012
Sold by
Gorelick Bruce J and Bruce J Gorelick Living Trust
Bought by
Seller's Agent
Thomas Sardo
Sotheby International Realty
Sold Price
$1,205,000
Current Estimated Value
$2,177,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$972,133
Avg. Annual Appreciation
4.33%
Original Mortgage
$952,000
Outstanding Balance
$651,839
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,525,294

Purchase Details

Closed on
Sep 17, 2007
Sold by
Gorelick Bruce J
Bought by
Gorelick Bruce J and The Bruce J Gorelick Living Tr

Purchase Details

Closed on
Apr 5, 2006
Sold by
Griffin Roger Dale and Kolbe Phillip Alan
Bought by
Gorelick Bruce J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2005
Sold by
Bird Gordon J and Rietkerk William T
Bought by
Griffin Roger Dale and Koble Phillip Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 21, 2005
Sold by
Bird Gordon J
Bought by
Pomona College

Purchase Details

Closed on
Dec 10, 1998
Sold by
Bird Gordon J
Bought by
Bird Gordon J and Rietkirk William T
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,205,000 Ortc
Gorelick Bruce J -- None Available
Gorelick Bruce J $1,150,000 Equity Title
Griffin Roger Dale $1,150,000 Equity Title
Pomona College -- Equity Title Company
Pomona College -- Equity Title Company
Bird Gordon J -- Equity Title Company
Bird Gordon J -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $952,000
Previous Owner Gorelick Bruce J $800,000
Previous Owner Griffin Roger Dale $920,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $1,205,000 -- $508 / Sq Ft
08/07/2012 08/07/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,182 $1,513,535 $605,412 $908,123
2025 $18,182 $1,483,859 $593,542 $890,317
2024 $17,927 $1,454,764 $581,904 $872,860
2023 $17,584 $1,426,241 $570,495 $855,746
2022 $16,799 $1,398,276 $559,309 $838,967
2021 $16,591 $1,370,860 $548,343 $822,517
2020 $16,691 $1,356,805 $542,721 $814,084
2019 $16,030 $1,330,202 $532,080 $798,122
2018 $15,940 $1,304,121 $521,648 $782,473
2016 $15,211 $1,253,483 $501,393 $752,090
2015 $14,989 $1,234,655 $493,862 $740,793
2014 $15,040 $1,210,470 $484,188 $726,282
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: F12097620

California Regional Multiple Listing Service (CRMLS)

APN: 5549-022-024

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