$570,000
SOLD MAR 19, 2015
0.16 Acre
$3,562,500 Price per Acre
6,961 Sq Ft Lot

Recently Sold

4% Above List Price

15 Days on Market

Highlights

  • Panoramic View
  • No HOA
  • Mountainous Community

About This Lot

As of September 2022

The subject property is located in the Hollywood Hills, minutes from all of the major venues in Hollywood. The property is an upslope lot that starts with a flat section adjacent to the street / sidewalk and has a very gradual grade that will require less site work than a typical uphill lot. The properties in front of the subject site are single family homes that have been constructed on downhill topography allowing the subject site head on city views from the top two floors. The property is very unique and has approx. 110 ft. of street frontage which will accommodate a variety of parking and/or living layouts. The site can be developed into a by-right duplex, condominium, or as a single family home. The property previously had approved plans for a duplex. All previous plans can be viewed by interested buyers’ but have expired and are not current, the property is being sold with no current entitlement.

Last Agent to Sell the Property

David Melaugh

Compass License #01862538 Listed on: 02/03/2015

Compass

Last Buyer's Agent

David Melaugh

Compass License #01862538 Listed on: 02/03/2015

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $98,145

Lot Details

  • 6,961 Sq Ft Lot
  • Property is zoned LAR2

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 5549022025

Property Details

Property Type

Land

Est. Annual Taxes

$98,145

Lot Details

0

Listing Details

  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR2
  • Property Type: Land
  • Parcel Number: 5549022025
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 81.88

Exterior Features

  • View: City Lights, Hills, Mountain(s), Panoramic

Condo/Co-op/Association

  • Association: No
  • Community Features: Mountainous

Lot Info

  • Lot Size Sq Ft: 6961.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lot Size Area: 6961.0000 Square Feet

Tax Info

  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2022
Sold by
Glencoe Way Llc
Bought by
Hanna Kenny Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2022
Sold by
Michael Finkel
Bought by
Globe Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,226,200
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2015
Closed on
Feb 23, 2015
Sold by
Boomerang Properties Llc
Bought by
Globe Capital Llc
Seller's Agent
David Melaugh
Compass
Buyer's Agent
David Melaugh
Compass
List Price
$549,000
Sold Price
$570,000
Premium/Discount to List
$21,000
3.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.77%

Purchase Details

Closed on
Jul 31, 2009
Sold by
Hollywood Land & Holding Llc
Bought by
Boomerang Properties Llc

Purchase Details

Closed on
Jul 13, 2009
Sold by
Kantarjian Tony and Yeh Thomas Jiunn Chiang
Bought by
Hollywood Land & Holding Llc

Purchase Details

Closed on
Dec 16, 2008
Sold by
Kantarjian Tony
Bought by
1947 Glencoe Land Llc

Purchase Details

Closed on
Mar 10, 2008
Sold by
Jiunn Chiang Thomas
Bought by
Kantarjian Tony

Purchase Details

Closed on
Oct 20, 2004
Sold by
Yeh Ting Kara
Bought by
Yeh Thomas Jiunn Chiang

Purchase Details

Closed on
Jun 24, 2004
Sold by
Maszkiewicz Janusz J and Maszkiewicz Malgorzata M
Bought by
Kantarjian Tony and Yeh Thomas Jiunn Chiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.74%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 15, 2002
Sold by
Bird Gordon J and Rietkerk William T
Bought by
Maskiewicz Janusz J and Maszkiewicz Malgorzata M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
6.78%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 10, 1998
Sold by
Bird Gordon J
Bought by
Bird Gordon J and Rietkirk William T
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 Type Sale Price Title Company
Grant Deed $8,000,000 --
Grant Deed -- Fidelity National Title
Grant Deed -- Fidelity National Title
Grant Deed -- Fidelity National Title
Grant Deed -- Fidelity National Title
Deed -- Fidelity National Title
Grant Deed $570,000 Fidelity National Title
Quit Claim Deed -- None Available
Trustee Deed $243,933 Accommodation
Quit Claim Deed -- None Available
Grant Deed -- First American Title Company
Interfamily Deed Transfer -- First American Title
Grant Deed $485,000 First American Title
Grant Deed $255,000 Southland Title Corporation
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Open $4,000,000 New Conventional
Closed $4,000,000 New Conventional
Previous Owner $4,000,000 New Conventional
Previous Owner $2,950,000 New Conventional
Previous Owner $2,226,200 New Conventional
Previous Owner $2,400,000 Construction
Previous Owner $237,500 Balloon
Previous Owner $178,500 Balloon
Closed $1,600,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $8,500,000 +17.3% $1,287 / Sq Ft
07/22/2025 07/22/25 For Sale $7,249,000 -9.4% $1,098 / Sq Ft
09/12/2022 09/12/22 Sold $8,000,000 -11.1% $1,212 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $8,999,000 +1478.8% $1,363 / Sq Ft
03/19/2015 03/19/15 Sold $570,000 +3.8% --
02/18/2015 02/18/15 Pending -- -- --
02/03/2015 02/03/15 For Sale $549,000 -- --
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
2024 $98,145 $8,160,000 $5,100,000 $3,060,000
2023 $96,100 $8,000,000 $5,000,000 $3,000,000
2022 $20,209 $1,721,140 $638,920 $1,082,220
2021 $19,976 $1,687,393 $626,393 $1,061,000
2019 $19,816 $1,675,111 $614,111 $1,061,000
2018 $7,347 $602,070 $602,070 $0
2016 $7,044 $578,692 $578,692 $0
2015 $6,546 $537,014 $537,014 $0
2014 -- $526,495 $526,495 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15023278

California Regional Multiple Listing Service (CRMLS)

APN: 5549-022-025