NOT LISTED FOR SALE

2621 N Commonwealth Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $3,628,000 - $5,667,000

5 Beds
7 Baths
5,294 Sq Ft
$905/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $2,474,314 $467 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $28,315/month

117 Days on Market

Highlights

  • Home Theater
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom
  • Franklin Avenue Elementary Rated A-
  • 15,000 Sq Ft lot
  • Pool View

About This Home

As of May 2016

Elegant Villa near the trails of Griffith park North of Los Feliz Blvd. Grand scale open volume 2 story public rooms seamlessly flow in this tremendous family home. A casual indoor/outdoor California lifestyle is captured with floor to ceiling windows, handcrafted sweeping staircase, 5 ensuite bedrooms. The master bedroom suite boasts a lounge, marble fireplace, terrace, luxurious bath & spacious walk in dressing rm/closet. Media room with a full bar. Separate office. Beautifully restored eat in kitchen w/stainless appliance amenities & breakfast bar. Formal dining rm. Gated w/a long driveway and stunning millennial gardens & terraces on a 1/3 acre manicured & planted grounds w/fire pit and fountains. beautiful swimmers pool, outdoor kitchen, indoor kitchen & pool bath. Oversize garage. A peaceful, exciting contemporary feel bordered w/a formality & fun in this Gatsbyesque estate. Cosmopolitan entertaining.

Last Agent to Sell the Property

Konstantine Valissarakos

Nourmand & Associates-HW License #01023114 Listed on: 12/18/2015

Co-Listed By

Richard Yohon

Sotheby's International Realty License #01276405

Last Buyer's Agent

Alin Glogvicean

License #01327641

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,023

Year Built

  • Built in 1922

Lot Details

  • 0.34 Acre Lot
  • Property is zoned LARE11

Home Design

  • Villa

Interior Spaces

  • 5,294 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Center Hall
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 5588-033-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,023

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Living Area: 5294
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Kitchen, Living Room, Master Bedroom
  • Flooring: Mixed
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 490.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: Pool
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central, Multi/Zone
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5588-033-008
  • Geocode Override: No
  • Lot Size Area: 15000

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
Apr 13, 2016
Sold by
Aim United Llc
Bought by
Tiganu Marian and Tiganu Brindusa
Seller's Agent
Konstantine Valissarakos
Nourmand & Associates-HW
Buyer's Agent
Alin Glogvicean
List Price
$2,995,000
Sold Price
$2,474,314
Premium/Discount to List
-$520,686
-17.39%
Current Estimated Value
$4,790,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,315,736
Avg. Annual Appreciation
6.87%
Original Mortgage
$1,250,000
Outstanding Balance
$954,182
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,662,106

Purchase Details

Closed on
Mar 2, 2015
Sold by
Hyatt Clifford C
Bought by
Aim United Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,651,500
Interest Rate
3.54%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 3, 2005
Sold by
Cho Hee K and Cho Min S
Bought by
Hyatt Clifford C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2001
Sold by
Babian Sarkis and Babian Nora
Bought by
Cho Hee K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$893,750
Interest Rate
6.84%
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
Tiganu Marian $2,474,500 Fidelity National Title Co
Aim United Llc $1,835,000 None Available
Hyatt Clifford C $1,920,000 Chicago Title Co
Cho Hee K $1,346,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiganu Marian $1,250,000
Previous Owner Hyatt Clifford C $1,440,000
Previous Owner Cho Hee K $893,750
Closed Hyatt Clifford C $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2016 05/13/16 Sold $2,474,314 -4.7% $467 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
02/10/2016 02/10/16 Price Changed $2,595,000 -10.4% $490 / Sq Ft
01/20/2016 01/20/16 Price Changed $2,895,000 -3.3% $547 / Sq Ft
12/18/2015 12/18/15 For Sale $2,995,000 -- $566 / 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 $35,023 $2,929,062 $1,971,020 $958,042
2024 $35,023 $2,871,630 $1,932,373 $939,257
2023 $34,339 $2,815,325 $1,894,484 $920,841
2022 $32,734 $2,760,124 $1,857,338 $902,786
2021 $32,325 $2,706,005 $1,820,920 $885,085
2019 $31,350 $2,625,745 $1,766,911 $858,834
2018 $31,167 $2,574,261 $1,732,266 $841,995
2016 $22,582 $1,862,983 $1,116,775 $746,208
2015 $26,838 $2,226,830 $1,519,929 $706,901
2014 $26,914 $2,183,210 $1,490,156 $693,054
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Konstantine Valissarakos

    Nourmand & Associates-HW

    (323) 252-9451

    19 in this area

    67 Total Sales

    Konstantine Valissarakos
    Section Image
  • Richard Yohon

    Seller Co-Listing Agent in 2016

    Richard Yohon

    Sotheby's International Realty

    (323) 671-2356

    17 in this area

    60 Total Sales

    Richard Yohon
    Section Image

  • A

    Buyer's Agent in 2016

    Alin Glogvicean

See All Agents

Map

Source: The MLS

MLS Number: 15-966209

The MLS

APN: 5588-033-008

California Los Angeles County Los Angeles 90027 Los Feliz

2621 N Commonwealth Ave, Los Angeles, CA

This home is located at 2621 N Commonwealth Ave, Los Angeles, CA 90027 since 18 December 2015 and is currently estimated at $4,790,050, approximately $904 per square foot. This property was built in 1922. 2621 N Commonwealth Ave is a home located in Los Angeles County with nearby schools including Franklin Avenue Elementary, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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