3233 Tareco Dr Los Angeles, CA 90068
Hollywood Hills Neighborhood
2
Beds
2.5
Baths
1,902
Sq Ft
4,858
Sq Ft Lot
Highlights
- Panoramic View
- Fireplace in Primary Bedroom
- No HOA
- Midcentury Modern Architecture
- Great Room
- Home Office
About This Home
As of September 2022Mid Century Modern Fixer Alert! Located on Tareco Drive, above Lake Hollywood and across from Universal Studios, this mid-century modern home with outstanding views is ready to be upgraded into a stylish residence. Beyond the front security gate, imagine your spacious courtyard entry with plenty of room for sitting areas, dining with friends or even a hot tub. Once inside, you'll be impressed by the amazing views of the surrounding Hollywood Hills and the views that extend out to the San Fernando valley. The incredible mid-century modern architecture has an open floor plan with exposed beam ceilings. It features an impressive great room with living and dining areas with a stunning brick fireplace and an open kitchen with breakfast or cocktail bar on the upper level. Down half a flight of stairs, there is an approximately 150 square foot secret storage area under the garage with room for all your collectibles and on the lower level there are 2 spacious bedrooms, one a luxurious primary suite w fireplace with similar views, and a secondary bedroom that can be set up as a guest suite or a gym/office combo with a hall bath. This outstanding property has so much potential and is being offered at an incredible price. Ultra-desirable location near lots of hiking and biking in the Santa Monica mountains, Studios, Hollywood Bowl, Hollywood and DTLA. Come check out 3233 Tareco Drive and make it your next project, or the home you always wanted to live in! Due to the condition of this home, cash offers only.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,873
Year Built
- Built in 1962
Lot Details
- 4,858 Sq Ft Lot
- Lot Dimensions are 62x77
- Property is zoned LAR1
Parking
- 2 Car Attached Garage
Property Views
- Panoramic
- City Lights
- Canyon
- Valley
Home Design
- Midcentury Modern Architecture
Interior Spaces
- 1,902 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Formal Entry
- Great Room
- Living Room with Fireplace
- Home Office
- Home Gym
- Laundry Room
Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Fireplace in Primary Bedroom
Additional Features
- Open Patio
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5579-034-017
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2022
Closed on
Sep 6, 2022
Sold by
Salvatore Ferraro Living Trust
Bought by
Lin Siyun and Cai Shixuan
Seller's Agent
Alan Taylor
Compass
Buyer's Agent
Steven Jiang
UNIVERSAL ELITE REALTY
List Price
$1,099,000
Sold Price
$1,188,000
Premium/Discount to List
$89,000
8.1%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.14%
Purchase Details
Closed on
Aug 24, 2019
Sold by
Ferraro Salvatore and The Sal Ferraro Living Trust
Bought by
Ferraro Salvatore and The Sal Ferraro Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,163,600
Interest Rate
3.6%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
May 22, 2018
Sold by
Ferraro Salvatore
Bought by
Ferraro Salvatore and Sal Ferraro Living Trust
Purchase Details
Closed on
May 25, 2011
Sold by
Ferraro Salvatore
Bought by
Sal Ferraro Living Trust
Purchase Details
Closed on
Oct 18, 2010
Sold by
Faust Llc
Bought by
Ferraro Salvatore
Purchase Details
Closed on
May 25, 2010
Sold by
Ferraro Salvatorre
Bought by
Faust Llc
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 | $1,188,000 | -- | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Placer Title Company | |
| Grant Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,163,600 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $938,250 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $110,000 | Credit Line Revolving | |
| Previous Owner | $246,000 | Unknown | |
| Previous Owner | $300,000 | Unknown | |
| Previous Owner | $50,000 | Stand Alone Second | |
| Previous Owner | $281,250 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | For Sale | $1,899,000 | +59.8% | $862 / Sq Ft |
| 09/15/2022 09/15/22 | Sold | $1,188,000 | +8.1% | $625 / Sq Ft |
| 08/31/2022 08/31/22 | Pending | -- | -- | -- |
| 08/17/2022 08/17/22 | For Sale | $1,099,000 | -- | $578 / Sq Ft |
Source: The MLS
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 | $14,873 | $1,211,760 | $966,960 | $244,800 |
| 2023 | $14,584 | $1,188,000 | $948,000 | $240,000 |
| 2022 | $5,859 | $472,430 | $261,862 | $210,568 |
| 2021 | $5,782 | $463,168 | $256,728 | $206,440 |
| 2019 | $5,545 | $449,432 | $249,114 | $200,318 |
| 2018 | $6,164 | $440,621 | $244,230 | $196,391 |
| 2016 | $5,227 | $423,514 | $234,748 | $188,766 |
| 2015 | $5,151 | $417,153 | $231,222 | $185,931 |
| 2014 | $5,174 | $408,982 | $226,693 | $182,289 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2025
Steven Jiang
UNIVERSAL ELITE REALTY
-
A
Seller's Agent in 2022
Alan Taylor
Compass
Map
Source: The MLS
MLS Number: 22-189489
APN: 5579-034-017
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