NOT LISTED FOR SALE

Estimated Value: $1,695,000 - $2,235,982

3 Beds
3.5 Baths
2,268 Sq Ft
$814/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $1,700,000 $750 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,667/month

19 Days on Market

Highlights

  • Coastline Views
  • 0.54 Acre Lot
  • Living Room with Fireplace
  • Automatic Gate
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of November 2024

Just Reduced $200,000!! This rare property in the Lake Hollywood Knolls offers investors an excellent opportunity to develop it. Situated on a private hill with a large, gated 23,732-foot lot and 150-foot driveway, this home has fabulous 300-degree views of downtown LA, city lights, the coastline, the Valley, the mountains, and the Hollywood Sign. The home is sold "AS-IS." There will be no credits or price reductions. The price of the home has been set to reflect the work needed to restore it to its full potential. It may be a cash sale, as many rooms are stripped down to the studs. There is also some geological work to do on the hillside. Reports are available to prospective buyers. The home's existing footprint shows 2,268 square feet on the public record. The home's floor plan is excellent, providing views from virtually every room and around the property's exterior. There may be room for a casita or guesthouse. This home was part of a larger family compound. Beautiful vistas and outdoor areas surround the home, complemented by an outdoor fireplace in the backyard. There is also an observation deck above the garage with breathtaking views and a workshop accessory building. Electrical, plumbing, and mechanical are all functional, and the A/C system is newer. Great location, 5 minutes close to the Hollywood Bowl, Whole Foods, Trader Joe's, Ralph's, shopping and restaurants. Hiking trails and walking around the lake are a short walk away and only 6 miles to the Burbank Airport. Easy to show. Please note that the seller may need up to two weeks past the close of escrow to clear out some personal items from the garage and driveway.

Last Agent to Sell the Property

Tom Otero

Rodeo Realty License #01153440 Listed on: 09/19/2024

Rodeo Realty

Last Buyer's Agent

Anna Knauf

Coldwell Banker Hallmark Realty License #02095484

Coldwell Banker Hallmark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,311

Year Built

  • Built in 1941

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 140x155
  • Property is zoned LAR1

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage
  • Driveway
  • Automatic Gate

Property Views

  • Coastline
  • Panoramic
  • Skyline
  • Woods
  • Views of a landmark
  • Mountain
  • Hills
  • Valley

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,268 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Den
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5579-034-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,311

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2268
  • Lot Acreage: 0.5448
  • Lot Dimensions: 140x155
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 47
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Patio
  • Flooring: Mixed, Wood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 1
  • Price Per S Q F T: 793.65

Exterior Features

  • Construction: Wood Siding
  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Hills, Coastline, City Lights, City, Valley, Trees/Woods, Panoramic, Mountains, Tree Top, Skyline, Landmark
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car, Auto Driveway Gate, Driveway - Pavers, Gated, Private

Utilities

  • Cooling: Central
  • Heating: Central
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5579-034-034
  • Lot Size Area: 23732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2025
Sold by
Harding Michael
Bought by
Right Choice Investment Group Llc
Current Estimated Value
$1,845,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$2,250,000
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$391,288

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 16, 2024
Sold by
Fishman Eric Adam
Bought by
Right Choice Investment Group Llc
Seller's Agent
Tom Otero
Rodeo Realty
Buyer's Agent
Anna Knauf
Coldwell Banker Hallmark Realty
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Original Mortgage
$1,670,992
Interest Rate
6.08%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 9, 2013
Sold by
Fishman Yoram
Bought by
Fishman Eric Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2002
Sold by
Golden Nancy
Bought by
Fishman Yoram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.04%

Purchase Details

Closed on
Feb 8, 2002
Sold by
Cook Frederick Henry and Cooper Cheryl
Bought by
Golden Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.04%

Purchase Details

Closed on
Nov 4, 1998
Sold by
Cook Frederick Henry
Bought by
Cook Frederick Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 1996
Sold by
Johnson Arthur J and Johnson Marilyn S
Bought by
Cook Frederick Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
8.07%

Purchase Details

Closed on
Sep 11, 1995
Sold by
Buckley Thomas A
Bought by
Johnson Arthur J and Johnson Marilyn S
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
Right Choice Investment Group Llc -- Lawyers Title
Harding Michael -- Lawyers Title Company
Harding Michael -- Lawyers Title Company
Right Choice Investment Group Llc $1,700,000 Progressive Title Company
Fishman Eric Adam $762,500 North American Title Company
Fishman Yoram -- --
Golden Nancy $884,000 Equity Title
Cook Frederick Henry -- First American Title Co
Cook Frederick Henry -- First American Title Co
Cook Frederick Henry $480,000 --
Johnson Arthur J $245,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harding Michael $2,250,000
Previous Owner Right Choice Investment Group Llc $1,670,992
Previous Owner Fishman Eric Adam $417,000
Previous Owner Fishman Yoram $71,000
Previous Owner Golden Nancy $650,000
Previous Owner Golden Nancy $50,000
Previous Owner Golden Nancy $650,000
Previous Owner Golden Nancy $50,000
Previous Owner Golden Nancy $650,000
Previous Owner Cook Frederick Henry $430,000
Previous Owner Cook Frederick Henry $384,000
Closed Golden Nancy $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $1,700,000 -5.6% $750 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $1,800,000 -- $794 / 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
2024 $17,311 $1,394,551 $1,106,071 $288,480
2023 $16,979 $1,367,208 $1,084,384 $282,824
2022 $16,220 $1,340,401 $1,063,122 $277,279
2021 $16,024 $1,314,120 $1,042,277 $271,843
2019 $15,482 $1,275,144 $1,011,363 $263,781
2018 $15,312 $1,250,142 $991,533 $258,609
2016 $14,608 $1,201,600 $953,032 $248,568
2015 $14,395 $1,183,552 $938,717 $244,835
2014 $14,447 $1,160,369 $920,329 $240,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-442239

The MLS

APN: 5579-034-034