2501 Carob Dr Los Angeles, CA 90046
Hollywood Hills West Neighborhood
4
Beds
3
Baths
3,500
Sq Ft
0.92
Acres
Highlights
- Coastline Views
- 0.92 Acre Lot
- Secluded Lot
- In Ground Pool
- Contemporary Architecture
- No HOA
About This Home
As of December 2014HASN'T BEEN ON THE MARKET FOR NEARLY FOUR DECADES! This property consists of two separately assessed parcels creating a peninsula floating among the Hollywood Hills! As you approach the cul-de-sac gated driveway entrance, you are mesmerized by the secluded entryway and spectacular panoramic views. Most, if not all, of the property value is represented by the underlying land, which by code has a potential of accommodating two residences (buyer to verify with city). An alternative to subdivision/development is renovation of the existing dwelling or complete new construction of a modern spectacular view oriented estate. Either way this represents a great opportunity to own within one of the most prestigious communities in Los Angeles overlooking Nichols Canyon, Mount Olympus, West Hollywood and far beyond. Relax in the shade under the prominent pool side gazebo, or soak up the California sun floating in the sparkling pool. The existing house offers approximately 3,500 square feet of living area; the floor plan includes 4 bedrooms, 3 bathrooms. The house sits atop a 40,080 Square foot lot. This home features an open floor plan with lots of windows taking advantage of attention commanding views. Property includes APN Nos. 5571-021-001 and 002.
Last Agent to Sell the Property
Scott Lidgard
Andrew Lidgard Real Estate Inc License #00825141 Listed on: 11/03/2014
Last Buyer's Agent
Jeff Bozigian
Ashby & Graff License #01200191
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,453
Year Built
- Built in 1958
Lot Details
- 0.92 Acre Lot
- Cul-De-Sac
- Rural Setting
- Barbed Wire
- Stucco Fence
- Secluded Lot
- Paved or Partially Paved Lot
- Value in Land
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
- Single Garage Door
- Auto Driveway Gate
Property Views
- Coastline
- Panoramic
- City Lights
- Canyon
Home Design
- Contemporary Architecture
- Fixer Upper
- Raised Foundation
- Slab Foundation
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 3,500 Sq Ft Home
- 1-Story Property
- Built-In Features
- Bar
- Beamed Ceilings
- Ceiling Fan
- Bay Window
- Sliding Doors
- Living Room with Fireplace
- Dining Room
- Den with Fireplace
- Laundry Room
Kitchen
- Eat-In Kitchen
- <<doubleOvenToken>>
- Gas Oven
- <<builtInRangeToken>>
- Range Hood
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- More Than Two Accessible Exits
- Accessible Parking
Outdoor Features
- In Ground Pool
- Gazebo
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Conventional Septic
Community Details
- No Home Owners Association
- Mountainous Community
Listing and Financial Details
- Tax Lot 18
- Tax Tract Number 14423
- Assessor Parcel Number 5571021002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2014
Sold by
Armus Burton S
Bought by
Alfa Real Estate Group Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 21, 2010
Sold by
Armus Burton S
Bought by
Armus Burton S and Burton S Armus Trust
Purchase Details
Closed on
Jul 14, 2003
Sold by
Armus Joan
Bought by
Armus Burton S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 22, 2002
Sold by
Armus Joan
Bought by
Armus Burton S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.86%
Purchase Details
Closed on
Jun 22, 1998
Sold by
Armus Joan
Bought by
Armus Burton S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,200,000 | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity | |
| Interfamily Deed Transfer | -- | Fidelity | |
| Interfamily Deed Transfer | -- | Fidelity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $2,800,000 | New Conventional | |
| Previous Owner | $2,240,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $72,250 | Unknown | |
| Previous Owner | $95,000 | Purchase Money Mortgage | |
| Previous Owner | $97,000 | No Value Available | |
| Previous Owner | $120,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2016 11/30/16 | Rented | $9,000 | -5.3% | -- |
| 10/28/2016 10/28/16 | For Rent | $9,500 | 0.0% | -- |
| 09/22/2015 09/22/15 | Rented | $9,500 | +5.6% | -- |
| 06/18/2015 06/18/15 | For Rent | $9,000 | 0.0% | -- |
| 12/05/2014 12/05/14 | Sold | $3,200,000 | -5.2% | $914 / Sq Ft |
| 09/13/2014 09/13/14 | Pending | -- | -- | -- |
| 09/12/2014 09/12/14 | Price Changed | $3,375,000 | +16.4% | $964 / Sq Ft |
| 08/21/2014 08/21/14 | For Sale | $2,899,000 | -- | $828 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $45,453 | $3,652,676 | $3,417,022 | $235,654 |
| 2023 | $43,576 | $3,581,056 | $3,350,022 | $231,034 |
| 2022 | $41,566 | $3,510,840 | $3,284,336 | $226,504 |
| 2021 | $41,076 | $3,442,001 | $3,219,938 | $222,063 |
| 2019 | $39,774 | $3,339,912 | $3,124,434 | $215,478 |
| 2018 | $39,577 | $3,274,424 | $3,063,171 | $211,253 |
| 2016 | $37,851 | $3,147,275 | $2,944,225 | $203,050 |
| 2015 | $37,293 | $3,100,000 | $2,900,000 | $200,000 |
| 2014 | $3,341 | $251,233 | $81,983 | $169,250 |
Source: Public Records
Agents Affiliated with this Home
-
Vangelis Korasidis
Seller's Agent in 2016
Vangelis Korasidis
Coldwell Banker Realty
(310) 405-9500
1 in this area
63 Total Sales
-
Monika Lis
Seller Co-Listing Agent in 2016
Monika Lis
Christie's International Real Estate SoCal
(310) 273-3113
1 in this area
6 Total Sales
-
S
Buyer's Agent in 2015
Shawn Gabbaie
Executive Properties, Inc.
-
S
Seller's Agent in 2014
Scott Lidgard
Andrew Lidgard Real Estate Inc
-
J
Buyer's Agent in 2014
Jeff Bozigian
Ashby & Graff
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14181195
APN: 5571-021-002
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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