NOT LISTED FOR SALE

Estimated Value: $3,818,000 - $6,564,000

5 Beds
4 Baths
4,812 Sq Ft
$1,076/Sq Ft Est. Value

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Traditional Architecture
  • Den

About This Home

As of April 2024

Set back from the street on a corner lot behind lush, mature foliage and landscaping is this wonderful original Colonial home, one of only two remaining in Hancock Park. The home's inviting traditional facade welcomes guests upon arrival to the cobblestone motor court as verdant trees sway overhead. Through an elegant blue door is a foyer which accesses a formal dining room as well as the formal living room, each of which includes built-ins, decorative wainscoting, and multiple sets of French doors to the outside. Hardwood floors flow into the den/study, with its built-in shelving and fireplace. The kitchen features a Wolf range and butler's pantry. The nearby family room has sliding glass doors to the rear grounds. Upstairs, rooms are spacious, and the primary suite features its own private balcony and en-suite bathroom with dual-sink vanity and separate tub and shower. There is also a finished attic, side-by-side laundry, and sun room. In the backyard, there are multiple covered patios for al-fresco dining, grassy play areas, pool, and a guest house with kitchenette and A/C, the perfect place for an at-home office or studio. Welcome to this amazing location just moments to Larchmont Village and all of the shopping, dining, and entertainment the area provides.

Last Agent to Rent the Property

Sally Forster Jones

Compass License #00558939 Listed on: 01/31/2024

Compass

Co-Listed By

Joshua F. Smith

Compass License #01739044

Last Renter's Agent

Sally Forster Jones

Compass License #00558939 Listed on: 01/31/2024

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,681

Year Built

  • Built in 1921

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 70x175
  • Property is zoned LARE11

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 4,812 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Fireplace
  • Den
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Heated In Ground Pool
  • Detached Guest House
  • Zoned Heating and Cooling

Listing and Financial Details

  • Security Deposit $30,000
  • Tenant pays for water, gas, electricity, cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 5505-017-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,681

Year Built

Built in 1921

Lot Details

0

Rental Info

  • Security Deposit: 30000
  • Tenant Pays: Water, Gas, Electricity, Cable TV

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 4812
  • Lot Acreage: 0.3095
  • Lot Dimensions: 70x175
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Wood Burning, Gas
  • Flooring: Hardwood, Carpet
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Refrigerator, Range/Oven, Microwave, Dishwasher, Dryer, Washer
  • Price Per S Q F T: 3.43

Exterior Features

  • Guest House: Detached
  • Pool Description: Heated
  • Pool: Yes
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Multi/Zone
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5505-017-007
  • Lot Size Area: 13487

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2014
Sold by
Martinoff Bjoern
Bought by
Martinoff Bjoern and Bjoern Martinoff Separate Trust
Current Estimated Value
$5,176,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2012
Sold by
Martinoft Bjoern
Bought by
Martinoff Bjoern and The Bjoern Martinoff Separate Trust

Purchase Details

Closed on
Jan 31, 2009
Sold by
Martinoff Bjoern
Bought by
Martinoff Bjoern and The Bjoern Martinoff Separate Property T

Purchase Details

Closed on
Aug 7, 1998
Sold by
Martinoff Barbara E
Bought by
Martinoff Bjoern

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.54%
Mortgage Type
Seller Take Back
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
Martinoff Bjoern -- None Available
Martinoff Bjoern -- Title365 Company
Martinoff Bjoern -- None Available
Martinoff Bjoern -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Martinoff Bjoern $65,000
Closed Martinoff Bjoern $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Rented $16,500 0.0% --
04/16/2024 04/16/24 Under Contract -- -- --
03/04/2024 03/04/24 For Rent $16,500 0.0% --
02/05/2024 02/05/24 Off Market $16,500 -- --
01/31/2024 01/31/24 For Rent $16,500 +10.0% --
01/31/2023 01/31/23 Rented $15,000 -3.2% --
01/30/2023 01/30/23 Under Contract -- -- --
01/24/2023 01/24/23 Price Changed $15,500 0.0% $3 / Sq Ft
01/24/2023 01/24/23 For Rent $15,500 -11.4% --
01/19/2023 01/19/23 Off Market $17,500 -- --
01/19/2023 01/19/23 For Rent $17,500 0.0% --
12/20/2022 12/20/22 Off Market $17,500 -- --
10/27/2022 10/27/22 For Rent $17,500 +42.9% --
05/04/2015 05/04/15 Rented $12,250 -3.9% --
05/04/2015 05/04/15 Under Contract -- -- --
04/01/2015 04/01/15 For Rent $12,750 -- --
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 $6,681 $497,608 $194,971 $302,637
2024 $6,681 $487,852 $191,149 $296,703
2023 $6,569 $478,287 $187,401 $290,886
2022 $6,295 $468,910 $183,727 $285,183
2021 $6,192 $459,717 $180,125 $279,592
2019 $6,023 $446,084 $174,784 $271,300
2018 $5,897 $437,338 $171,357 $265,981
2016 $5,604 $420,357 $164,704 $255,653
2015 $5,530 $414,043 $162,230 $251,813
2014 $5,556 $405,934 $159,053 $246,881
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-352013

The MLS

APN: 5505-017-007