NOT LISTED FOR SALE

308 N Sycamore Ave Unit 506 Los Angeles, CA 90036

Hancock Park Neighborhood

Estimated Value: $1,714,000 - $2,356,909

4 Beds
3.5 Baths
2,155 Sq Ft
$1,079/mo HOA Fee

Last Sold January 06, 2015

Last sale price $1,795,000 $833 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,917/month

14 Days on Market

Highlights

  • Fitness Center
  • Gated Parking
  • 31,561 Sq Ft lot
  • In Ground Pool
  • City Lights View
  • Marble Flooring

About This Home

As of January 2015

Exquisite Penthouse at the Faubourg St. Denis. Rare NW corner unit Penthouse in this legendary French Normandy building. Dramatic & bright as you enter through a 28 foot long foyer with herringbone patterned parquet oak floors. Spacious living room with views, built in cabinetry and beamed 14 foot high ceilings. Designer done. Chic and sophisticated. The Master Suite features views of the Hollywood sign & the Westside. A formal dining room opens to a large gourmet kitchen that includes custom cabinets and Thermador & Sub Zero appliances. Custom window coverings.

Last Agent to Sell the Property

Monique Carrabba

Compass License #01708376 Listed on: 10/27/2014

Compass

Co-Listed By

Joe Carrabba

Compass License #01791624

Last Buyer's Agent

Lee Ziff

Keller Williams Beverly Hills License #01212150

Keller Williams Beverly Hills

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,628

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • North Facing Home
  • Gated Home

HOA Fees

  • $1,079 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Gated Parking
  • Assigned Parking

Property Views

  • City Lights
  • Views of a landmark
  • Hills

Home Design

  • French Architecture
  • Entry on the 5th floor
  • Stucco

Interior Spaces

  • 2,155 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Formal Dining Room
  • Center Hall

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Kitchen
  • Washer

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5525-031-043

Community Details

Overview

  • Association fees include trash
  • 22 Units
  • HOA Organizers Association

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,628

Year Built

Built in 1928 | Remodeled

Lot Details

0

HOA Fees

$1,079 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: French Normandy
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Faubourg St Denis
  • Entry Floor: 5
  • Living Area: 2155
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Hardwood, Marble, Parquet
  • Appliances: Built-In And Free Standing, Built-In Gas, Gas, Microwave
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Formal Dining Rm
  • Kitchen Features: Counter Top, Remodeled, Stone Counters
  • Laundry: In Kitchen
  • Maids Room: 1
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 786.54

Exterior Features

  • Balcony: No
  • Direction Faces: North
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Exposure: NW
  • Pool Description: Association Pool
  • Pool: Yes
  • View: City Lights, Hills, Landmark
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Gated, Tandem

Utilities

  • Water District: LADWP
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Gated
  • Sewer: In Street

Association/Amenities

  • Amenities: Controlled Access, Elevator, Exercise Room, Gated Parking, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash
  • HOA Fees: 1079.11
  • Management Company: HOA Organizers
  • Mgmt Co Phone: 818-778-3331
  • Unit Location: NW Corner

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5525-031-043
  • Geocode Override: No
  • Lot Size Area: 31561

Multi Family

  • Number Of Units: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2014
Closed on
Nov 18, 2014
Sold by
Pedraza Raul and Pedraza Tawana
Bought by
Steuer Philip and Philip Steuer Trust
Seller's Agent
Monique Carrabba
Compass
Buyer's Agent
Lee Ziff
Keller Williams Beverly Hills
List Price
$1,695,000
Sold Price
$1,795,000
Premium/Discount to List
$100,000
5.9%
Current Estimated Value
$2,034,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,477
Avg. Annual Appreciation
1.16%
Original Mortgage
$1,256,500
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 17, 2014
Closed on
Apr 8, 2014
Sold by
Irvine Capital V Lp
Bought by
Pedraza Raul and Pedraza Tawana
Seller's Agent
Monique Carrabba
Compass
Buyer's Agent
Brett Lawyer
Carolwood Estates
List Price
$1,695,000
Sold Price
$1,740,000
Premium/Discount to List
$45,000
2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$330,000
Interest Rate
4.16%
Mortgage Type
Unknown

Purchase Details

Listed on
Aug 5, 2011
Closed on
Jan 14, 2013
Sold by
Rosenblum Ronald
Bought by
Irvine Capital V Lp
Seller's Agent
Brett Lawyer
Carolwood Estates
Buyer's Agent
Monique Carrabba
Compass
List Price
$1,395,000
Sold Price
$900,000
Premium/Discount to List
-$495,000
-35.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.69%

Purchase Details

Listed on
Aug 5, 2011
Closed on
Dec 19, 2012
Sold by
Rosenblum Jacqueline
Bought by
Rosenblum Ronald
Seller's Agent
Brett Lawyer
Carolwood Estates
Buyer's Agent
Monique Carrabba
Compass
List Price
$1,395,000
Sold Price
$900,000
Premium/Discount to List
-$495,000
-35.48%

Purchase Details

Listed on
Aug 5, 2011
Closed on
Dec 18, 2012
Sold by
Glass Edward and The Estate Of Martin R Zeidman
Bought by
Rosenblum Ronald
Seller's Agent
Brett Lawyer
Carolwood Estates
Buyer's Agent
Monique Carrabba
Compass
List Price
$1,395,000
Sold Price
$900,000
Premium/Discount to List
-$495,000
-35.48%

Purchase Details

Closed on
Aug 22, 2012
Sold by
Glass Edward and Estate Of Martin Robert Zeidma
Bought by
Zeidman Martin Robert

Purchase Details

Closed on
Jul 15, 2005
Sold by
Laffoon Coleman and Heche Anne
Bought by
Neuman Harley J and Yorn Kevin B

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
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
Neuman Harley J and Yorn Kevin B
Bought by
Laffoon Coleman and Heche Anne

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
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2000
Sold by
Beresford Bruce
Bought by
Neuman Harley J and Yorn Kevin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
6.95%

Purchase Details

Closed on
Sep 1, 1994
Sold by
Healey Timothy and The London Healey Trust
Bought by
Beresford Bruce

Purchase Details

Closed on
Aug 19, 1994
Sold by
Duigam Virginia
Bought by
Beresford Bruce
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
Steuer Philip $1,795,000 Fidelity National Title
Pedraza Raul $1,740,000 Fidelity National Title
Irvine Capital V Lp -- Equity Title
Rosenblum Ronald -- Equity Title
Rosenblum Ronald $900,000 Equity Title
Zeidman Martin Robert -- None Available
Neuman Harley J -- None Available
Zeidman Martin R $1,515,000 Fidelity National Title Co
Laffoon Coleman -- Stewart Title Of Ca Inc
Neuman Harley J -- Fidelity National Title Co
Beresford Bruce $500,000 Equity Title
Beresford Bruce -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steuer Philip $1,256,500
Previous Owner Pedraza Raul $330,000
Previous Owner Pedraza Raul $800,000
Previous Owner Zeidman Martin R $1,000,000
Previous Owner Laffoon Coleman $500,000
Previous Owner Neuman Harley J $656,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2015 01/06/15 Sold $1,795,000 +5.9% $833 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $1,695,000 -2.6% $787 / Sq Ft
06/06/2014 06/06/14 Sold $1,740,000 +2.7% $807 / Sq Ft View Prior Sale
04/07/2014 04/07/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $1,695,000 +88.3% $787 / Sq Ft
01/15/2013 01/15/13 Sold $900,000 -9.9% $418 / Sq Ft View Prior Sale
11/28/2011 11/28/11 Pending -- -- --
11/18/2011 11/18/11 Price Changed $999,000 -16.7% $464 / Sq Ft
10/20/2011 10/20/11 Price Changed $1,199,000 -14.1% $556 / Sq Ft
08/05/2011 08/05/11 For Sale $1,395,000 -- $647 / 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 $25,628 $2,157,312 $432,662 $1,724,650
2024 $25,628 $2,115,013 $424,179 $1,690,834
2023 $25,128 $2,073,543 $415,862 $1,657,681
2022 $23,950 $2,032,886 $407,708 $1,625,178
2021 $23,659 $1,993,026 $399,714 $1,593,312
2019 $22,943 $1,933,913 $387,859 $1,546,054
2018 $22,888 $1,895,994 $380,254 $1,515,740
2016 $21,899 $1,822,373 $365,490 $1,456,883
2015 $21,334 $1,774,765 $1,019,980 $754,785
2014 $11,208 $904,086 $452,043 $452,043
Source: Public Records

Agents Affiliated with this Home

  • Monique Carrabba

    Seller's Agent in 2015

    Monique Carrabba

    Compass

    (323) 899-2900

    1 in this area

    69 Total Sales

    Monique Carrabba
    Section Image
  • Joe Carrabba

    Seller Co-Listing Agent in 2015

    Joe Carrabba

    Compass

    (323) 302-1771

    2 in this area

    67 Total Sales

    Joe Carrabba
    Section Image
  • Lee Ziff

    Buyer's Agent in 2015

    Lee Ziff

    Keller Williams Beverly Hills

    (323) 491-3919

    1 in this area

    76 Total Sales

    Lee Ziff
    Section Image

  • G

    Buyer Co-Listing Agent in 2015

    Gina Schabes

    Keller Williams Beverly Hills

  • Brett Lawyer

    Seller Co-Listing Agent in 2014

    Brett Lawyer

    Carolwood Estates

    (310) 858-5400

    3 in this area

    55 Total Sales

    Brett Lawyer
    Section Image
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Map

Source: The MLS

MLS Number: 14-805473

The MLS

APN: 5525-031-043

California Los Angeles County Los Angeles 90036 Hancock Park

308 N Sycamore Ave Unit 506, Los Angeles, CA

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