NOT LISTED FOR SALE

3450 Cahuenga Blvd W Unit 502 Los Angeles, CA 90068

Estimated Value: $979,000 - $1,456,000

2 Beds
2.5 Baths
1,921 Sq Ft
$597/Sq Ft Est. Value

Last Sold May 02, 2019

Last sale price $1,060,000 $552 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,607/month

153 Days on Market

Highlights

  • City Lights View
  • Contemporary Architecture
  • Den
  • 72,267 Sq Ft lot
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of May 2019

Set within Enclave, a gated community in Hollywood Hills, this modern live/work townhouse offers peace and quiet met with unmatched convenience nearby L.A.'s major studios. Rare live/work zoning makes it ideally suited for people in creative industries. Comprised of steel and concrete block, the home features floor-to-ceiling windows, hardwood floors and energy efficient systems. The open format living area features 18' ceilings, gourmet chef's kitchen with Bosch appliances, exposed beams and endless flexibility. The master suite enjoys its own balcony, generous storage and a spa-like five-fixture bath. The second en suite bedroom can be repurposed as a lounge area or second workspace while a two-car garage boasts 11' ceilings and is ideal for a home workshop, looking onto a small backyard. Community amenities include 3 outdoor lounges and ample guest parking while the home is suitable for a lock-and-leave lifestyle with low common charges.

Last Agent to Sell the Property

Michael Bergin

Compass License #01845572 Listed on: 10/15/2018

Compass

Co-Listed By

Diana Knox

Christie's International Real Estate SoCal License #01346847

Last Buyer's Agent

Daniel Lam

The Agency License #01510101

The Agency

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,105

Year Built

  • Built in 2008 | Remodeled

Lot Details

  • 1.66

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,921 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Dining Room
  • Den
  • City Lights Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Additional Features

  • Open Patio
  • 1.66 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2425-001-102

Community Details

Overview

  • 67 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Community Barbecue Grill
  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,105

Year Built

Built in 2008 | Remodeled

Lot Details

0

HOA Fees

$355 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Street Number Display: Yes
  • Advertising Remarks: Set within Enclave, a gated community in Hollywood Hills, this modern live/work townhouse offers peace and quiet met with unmatched convenience nearby L.A.'s major studios. Rare live/work zoning makes it ideally suited for people in creative industries. Comprised of steel and concrete block, the home features floor-to-ceiling windows, hardwood floors and energy efficient systems. The open format living area features 18' ceilings, gourmet chef's kitchen with Bosch appliances, exposed beams and endless flexibility. The master suite enjoys its own balcony, generous storage and a spa-like five-fixture bath. The second en suite bedroom can be repurposed as a lounge area or second workspace while a two-car garage boasts 11' ceilings and is ideal for a home workshop, looking onto a small backyard. Community amenities include 3 outdoor lounges and ample guest parking while the home is suitable for a lock-and-leave lifestyle with low common charges.
  • Complex Name: Enclave Hollywood Hills
  • Entry Floor: 1
  • Living Area: 1921
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2008
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Built-In Gas
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator
  • Price Per S Q F T: 562.21

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Community

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Pet Rules
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 355.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 2425-001-102
  • Geocode Override: No
  • Lot Size Area: 72267

Multi Family

  • Number Of Units: 67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2018
Closed on
Apr 8, 2019
Sold by
Owner Cahuenga Llc
Bought by
The Write Stuff Trust
Seller's Agent
Michael Bergin
Compass
Buyer's Agent
Daniel Lam
The Agency
List Price
$1,080,000
Sold Price
$1,060,000
Premium/Discount to List
-$20,000
-1.85%
Current Estimated Value
$1,146,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,305
Avg. Annual Appreciation
1.22%
Original Mortgage
$742,000
Outstanding Balance
$641,493
Interest Rate
3.51%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$504,812

Purchase Details

Closed on
Mar 21, 2018
Sold by
Cahuenga Pass Development Llc
Bought by
Owner Cahuenga Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,240,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage
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
The Write Stuff Trust $1,060,000 Fidelity National Title
Owner Cahuenga Llc $39,000,000 Stewart Title Guaranty Compa
Ao Universal Llc -- Stewart Title Guaranty Compa
Universal Lofts Homeowners Assn -- Stewart Title Guaranty Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Write Stuff Trust $742,000
Previous Owner Owner Cahuenga Llc $27,240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2019 05/02/19 Sold $1,060,000 -1.9% $552 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
10/15/2018 10/15/18 For Sale $1,080,000 -- $562 / 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 $14,105 $1,182,445 $902,340 $280,105
2024 $14,105 $1,159,261 $884,648 $274,613
2023 $13,829 $1,136,531 $867,302 $269,229
2022 $13,180 $1,114,247 $850,297 $263,950
2021 $13,021 $1,092,400 $833,625 $258,775
2020 $13,155 $1,081,200 $825,078 $256,122
2019 $4,308 $699,801 $279,561 $420,240
2018 $5,589 $454,482 $128,358 $326,124
2016 $5,269 $436,836 $123,375 $313,461
2015 $5,192 $430,275 $121,522 $308,753
2014 $5,212 $421,847 $119,142 $302,705
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-397180

The MLS

APN: 2425-001-102