NOT LISTED FOR SALE

242 S Highland Ave Los Angeles, CA 90036

Hancock Park Neighborhood

Estimated Value: $2,528,000 - $3,357,000

5 Beds
3.5 Baths
3,518 Sq Ft
$833/Sq Ft Est. Value

Last Sold January 07, 2014

Last sale price $1,375,000 $391 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $17,184/month

137 Days on Market

Highlights

  • Detached Guest House
  • Views of Trees
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Maid or Guest Quarters
  • Mediterranean Architecture

About This Home

As of January 2014

Sun drenched 5 bed 3.5 bath Mediterranean Hancock Park home with soaring palm trees, massive park-like yard and 2 guest houses! Formal entry opens to character split staircase with original wrought iron railing. Grand scale living room with Batchelder tile fireplace opens to generous formal dining room with French doors to expansive grassy yard. Kitchen off dining room opens to stop-sign shaped breakfast room with door to yard. Service entrance + powder room + large private maids/guest suite down. 4 ultra light bedrooms + 2 baths up. Bonus office overlooking yard. Master suite. Wide spacious hallway with built-ins. Two unique character casitas with one bedroom suite in each + big outdoor kids play space in yard. Two car garage with bonus storage space. Charming built-ins and newly sanded and stained hardwood floors throughout. Third Street School. With a little love will be magnificent!

Last Agent to Sell the Property

Sheri Bienstock

The Bienstock Group License #01746994 Listed on: 07/11/2013

Last Buyer's Agent

Sheri Bienstock

The Bienstock Group License #01746994 Listed on: 07/11/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,273

Year Built

  • Built in 1925

Lot Details

  • 10,325 Sq Ft Lot
  • Lot Dimensions are 59x175
  • Property is zoned LARE9

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 3,518 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Views of Trees

Kitchen

  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dressing Area
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • Open Patio
  • Detached Guest House
  • Gravity Heating System

Community Details

  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5513-028-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,273

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 3518
  • Lot Dimensions: 59x175
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Linoleum
  • Bedrooms: 5
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 3.50
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 426.09

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached, Driveway, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Gravity

Lot Info

  • Assessor Parcel Number: 5513-028-008
  • Geocode Override: No
  • Lot Size Area: 10325

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2013
Closed on
Dec 16, 2013
Sold by
Rubel Sharon
Bought by
Lawton Rosalind I
Seller's Agent
Sheri Bienstock
The Bienstock Group
Buyer's Agent
Sheri Bienstock
The Bienstock Group
List Price
$1,549,000
Sold Price
$1,375,000
Premium/Discount to List
-$174,000
-11.23%
Current Estimated Value
$2,929,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,554,853
Avg. Annual Appreciation
6.62%
Original Mortgage
$1,100,000
Outstanding Balance
$820,875
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$2,108,978

Purchase Details

Closed on
Aug 29, 2005
Sold by
Rubel Anne
Bought by
Rubel Anne and The Rubel Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,662
Interest Rate
5.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1999
Sold by
Rubel Anne
Bought by
Rubel Raul and Rubel Anne

Purchase Details

Closed on
Jun 27, 1996
Sold by
Rubel Raul
Bought by
Rubel Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6%

Purchase Details

Closed on
Jun 24, 1995
Sold by
Leskin Joyce
Bought by
Rubel Enterprises
Source: Public Records

Range of Values:

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Average Value
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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
Lawton Rosalind I $1,375,000 Equity Title Los Angeles
Rubel Anne -- Chicago Title Co
Rubel Raul -- --
Rubel Anne -- First American Title Ins Co
Rubel Enterprises -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawton Rosalind I $1,100,000
Previous Owner Rubel Anne $266,662
Previous Owner Rubel Anne $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2014 01/07/14 Sold $1,375,000 -8.3% $391 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
10/02/2013 10/02/13 Price Changed $1,499,000 -3.2% $426 / Sq Ft
07/11/2013 07/11/13 For Sale $1,549,000 -- $440 / 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 $21,273 $1,775,028 $1,348,446 $426,582
2024 $21,273 $1,740,224 $1,322,006 $418,218
2023 $19,842 $1,620,103 $1,296,085 $324,018
2022 $18,923 $1,588,337 $1,270,672 $317,665
2021 $18,680 $1,557,194 $1,245,757 $311,437
2019 $18,119 $1,511,008 $1,208,808 $302,200
2018 $18,019 $1,481,381 $1,185,106 $296,275
2016 $17,219 $1,423,859 $1,139,088 $284,771
2015 $16,966 $1,402,472 $1,121,978 $280,494
2014 $1,970 $140,155 $66,374 $73,781
Source: Public Records

Agents Affiliated with this Home

  • Sheri Bienstock

    Seller's Agent in 2014

    Sheri Bienstock

    The Bienstock Group

    (323) 310-2525

    49 in this area

    218 Total Sales

    Sheri Bienstock
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Map

Source: The MLS

MLS Number: 13-686901

The MLS

APN: 5513-028-008

California Los Angeles County Los Angeles 90004 Hancock Park

242 S Highland Ave, Los Angeles, CA

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