$1,400,000
SOLD JAN 12, 2018
6 Acres
$251,810 Price per Acre
242,183 Sq Ft Lot

Recently Sold

7% Below List Price

133 Days on Market

About This Lot

As of January 2025

Prime opportunity to own a five-and-a-half acre private secluded canyon in the Hollywood Hills. The site abuts 17 acres of dedicated preserve, creating an expansive 22 acres to design your unique, architectural masterpiece. Close to the studios, Hollywood Bowl, Hollywood's exciting night life, and downtown's dynamic resurgence, this lot is unlike anything on the market. Mature specimen trees, a quaint brook, the lush verdant nature offers an amazing canvas for an owner/builder to create their personal vision on this very special and rare land. Within this parcel of raw land are multiple sites for various structures. Gorgeous trees overhang the grand driveway, located at the end of a cul-de-sac road, leading to an already cleared turn-around to accommodate city utility services. There is an elevated flat hilltop plateau that affords views of the Griffith Park observatory and would be ideal for a house, guest house/studio, or a tennis court.

Last Agent to Sell the Property

Craig Knizek

The Agency License #01377932 Listed on: 07/10/2017

The Agency

Last Buyer's Agent

Josh Flagg

Compass License #01470467

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,070

Lot Details

  • 5.56 Acre Lot
  • Property is zoned LARE40

Property Views

  • Canyon Views

Listing and Financial Details

  • Assessor Parcel Number 2427-006-009

Property Details

Property Type

Land

Est. Annual Taxes

$19,070

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Canyon
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 2427-006-009
  • Geocode Override: No
  • Lot Size Area: 242183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Jan 22, 2025
Sold by
3100 Oakshire Llc
Bought by
Greenberg Alan and Greenberg Alina
Seller's Agent
Oliver Thornton
Hollywood Estates
Buyer's Agent
Shawn Kormondy
Keller Williams Beverly Hills
List Price
$1,595,000
Sold Price
$1,400,000
Premium/Discount to List
-$195,000
-12.23%
Views
93
Current Estimated Value
$1,433,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,986
Avg. Annual Appreciation
5.24%
Original Mortgage
$750,000
Outstanding Balance
$749,016
Interest Rate
8.13%
Mortgage Type
New Conventional
Estimated Equity
$684,970

Purchase Details

Closed on
Jul 23, 2019
Sold by
Hayashi Yoshiki
Bought by
3100 Oakshire Llc

Purchase Details

Listed on
Jul 10, 2017
Closed on
Dec 11, 2017
Sold by
Sun City Enterprises Inc
Bought by
Hayashi Yoshiki
Seller's Agent
Craig Knizek
The Agency
Buyer's Agent
Josh Flagg
Compass
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.32%
Original Mortgage
$900,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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 Type Sale Price Title Company
Grant Deed $1,400,000 Fidelity - Sherman Oaks
Grant Deed -- None Available
Grant Deed $1,400,000 Equity Title Company
Grant Deed -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $3,500,000 Credit Line Revolving
Previous Owner $900,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $1,400,000 -6.4% --
11/04/2024 11/04/24 Pending -- -- --
10/07/2024 10/07/24 Price Changed $1,495,000 -6.3% --
08/20/2024 08/20/24 For Sale $1,595,000 +13.9% --
01/12/2018 01/12/18 Sold $1,400,000 -6.6% --
07/10/2017 07/10/17 For Sale $1,499,000 -- --
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
2024 $19,070 $1,561,724 $1,561,724 --
2023 $18,698 $1,531,102 $1,531,102 $0
2022 $17,830 $1,501,081 $1,501,081 $0
2021 $17,630 $1,471,649 $1,471,649 $0
2019 $18,506 $1,428,000 $1,428,000 $0
2018 $7,876 $632,527 $632,527 $0
2017 $7,710 $620,125 $620,125 $0
2016 $7,557 $607,966 $607,966 $0
2015 $7,450 $598,834 $598,834 $0
2014 $7,521 $587,104 $587,104 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-249708

The MLS

APN: 2427-006-009