NOT LISTED FOR SALE

Estimated Value: $3,604,000 - $4,674,158

4 Beds
4.5 Baths
3,518 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $2,550,000 $725 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $25,095/month

133 Days on Market

Highlights

  • Heated In Ground Pool
  • City Lights View
  • Fireplace in Kitchen
  • John Marshall Senior High Rated A
  • 25,232 Sq Ft lot
  • English Architecture

About This Home

As of January 2017

The Harry C. Drum House, Arlos R. Sedgley, Architect 1942. In addition to many LA area residential homes, Sedgley also designed Koreatown's French Chateau Apartments, Los Angeles Historic-Cultural Monument #815. Lovingly owned by the same family for 29 years, this charming, gated 40's English mini-estate is situated up a long driveway on a serene & VERY private half-acre+ with lush grounds, heated pool & spa, all overlooking city light views. Vaulted ceilings, hardwood floors, French doors & casement windows are just some of the elements this wonderful home has to offer. One of the 4 bedrooms is currently set up as an office, as is the large bottom floor bonus room, with French doors leading out to the pool. Off street parking for approximately 5 cars including a detached 2-car garage, and carport. Ideally situated close to all the amenities of Los Feliz Village & Griffith Park. Move-in, re-model, expand, or develop. The options are there. The choice is yours.

Last Agent to Sell the Property

Michael Tunick

Berkshire Hathaway HomeServices California Properties License #01321406 Listed on: 02/25/2016

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Marilyn Azar

License #01432520

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,532

Year Built

  • Built in 1942

Lot Details

  • 0.58 Acre Lot
  • South Facing Home
  • Sprinklers on Timer
  • Property is zoned LARE11

Parking

  • 2 Car Garage
  • Attached Carport
  • Garage Door Opener
  • Driveway

Home Design

  • English Architecture

Interior Spaces

  • 3,518 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Wood Burning Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room
  • Center Hall
  • City Lights Views
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5588-008-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,532

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country English
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 3518
  • Probate: No
  • Stories: 3
  • Year Built: 1942
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Kitchen, Living Room, Wood Burning
  • Flooring: Carpet, Hardwood, Stone Tile
  • Appliances: Cooktop - Gas
  • Bedrooms: 4
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 3
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Alarm System, Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 879.76

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Pool Description: Heated, In Ground, Private
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 3
  • Parking Garage: Carport Attached, Door Opener, Driveway, Garage - 2 Car, Garage Is Detached
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Owned
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Seismic Hazard
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 5588-008-010
  • Geocode Override: No
  • Lot Size Area: 25232

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2024
Sold by
Chakhoyan Silvard
Bought by
Akopyan Mkrtich
Current Estimated Value
$4,174,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$982,493
Interest Rate
6.66%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,192,297

Purchase Details

Closed on
Oct 28, 2019
Sold by
Akopyan Mkrtich
Bought by
Akopyan Mkrtich and Akopyan Family Irrevocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 9, 2019
Sold by
Akopyan Mkrtich
Bought by
Akopyan Mkrtich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 16, 2018
Sold by
Akopyan Mkrtich
Bought by
Akopyan Mkrtich and The Akopyan Family Irrevocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,450,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 20, 2016
Sold by
Feldman Richard A and Feldman Susan Horowitz
Bought by
Akopyan Mkrtich and The Akopyan Family Irrevocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2002
Sold by
Feldman Richard A and Feldman Susan Horowitz
Bought by
Feldman Richard A and Feldman Susan Horowitz

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
5.89%
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
Akopyan Mkrtich -- Lawyers Title Company
Akopyan Mkrtich -- Lawyers Title Company
Akopyan Mkrtich -- Lawyers Title Company
Akopyan Mkrtich -- Chicago Title Company
Akopyan Mkrtich -- Chicago Title Company
Akopyan Mkrtich -- Chicago Title Company
Akopyan Mkrtich -- North American Title
Akopyan Mkrtich -- North American Title Co
Akopyan Mkrtich -- North American Title Co
Akopyan Mkrtich $2,550,000 California Title Company
Feldman Richard A -- None Available
Feldman Richard A -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akopyan Mkrtich $1,000,000
Closed Akopyan Mkrtich $1,000,000
Previous Owner Akopyan Mkrtich $400,000
Previous Owner Akopyan Mkrtich $1,450,000
Previous Owner Akopyan Mkrtich $600,000
Previous Owner Feldman Richard A $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2017 01/11/17 Sold $2,550,000 -17.6% $725 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
06/13/2016 06/13/16 Price Changed $3,095,000 -6.1% $880 / Sq Ft
02/25/2016 02/25/16 For Sale $3,295,000 -- $937 / 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 $35,532 $2,959,488 $2,367,592 $591,896
2024 $35,532 $2,901,460 $2,321,169 $580,291
2023 $34,802 $2,844,569 $2,275,656 $568,913
2022 $33,170 $2,788,794 $2,231,036 $557,758
2021 $32,772 $2,734,113 $2,187,291 $546,822
2019 $31,790 $2,653,020 $2,122,416 $530,604
2018 $31,603 $2,601,000 $2,080,800 $520,200
2016 $11,337 $917,223 $611,484 $305,739
2015 $11,174 $903,446 $602,299 $301,147
2014 $11,219 $885,749 $590,501 $295,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-100528

The MLS

APN: 5588-008-010