NOT LISTED FOR SALE

Estimated Value: $1,457,218 - $1,797,000

3 Beds
2 Baths
1,747 Sq Ft
$937/Sq Ft Est. Value

Last Sold May 22, 2018

Last sale price $760,000 $435 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $10,143/month

Highlights

  • Panoramic View
  • Private Yard
  • Fireplace
  • Traditional Architecture
  • No HOA
  • 1 Car Attached Garage

About This Home

As of May 2018

Amazing opportunity in Lake Hollywood Knolls – this is a tear down – must be all cash. House was damaged in the 94' earthquake – no financing available. Amazing valley/city light views. Lot is 6616 square feet. Great opportunity to build your dream home with spectacular views! Minutes from Studio City, Hollywood & Toluca Lake. Walking distance to Lake Hollywood, Universal City Walk and Hollywood Bowl. Please submit on Probate Form. Subject to court confirmation. No water pressure – the only interior water source is the downstairs bathtub, roof has holes/not watertight and exposure to exterior, Front door jamb is ajar, porch is settled and sunk/ the foundation has shifted. Side door exterior staircase has deteriorated and is unsafe. Great location and fantastic opportunity!

Last Agent to Sell the Property

Stephanie Vitacco

Equity Union License #00985615 Listed on: 03/15/2018

Equity Union

Last Buyer's Agent

Stephanie Vitacco

Equity Union License #00985615 Listed on: 03/15/2018

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,193

Year Built

  • Built in 1949

Lot Details

  • 6,616 Sq Ft Lot
  • Chain Link Fence
  • Private Yard
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Valley

Home Design

  • Traditional Architecture
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,747 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Valley View Elementary And Middle School
  • Hollywood High School

Utilities

  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 236
  • Tax Tract Number 66
  • Assessor Parcel Number 5579026015

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,193

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Condition: Fixer, Repairs Major
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5579026015
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1747.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 435.03
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: City Lights, Mountain(s), Panoramic, Valley
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Los Angeles Unified
  • Elementary School: Valley View
  • Middle School: Valley View
  • High School: Hollywood
  • Elementary School: Valley View
  • High School: Hollywood
  • Middle Or Junior School: Valley View
  • Elementary School #2: VALVIE
  • High School2: HOLLYW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 6616.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1897.01
  • Tax Lot: 236
  • Tax Tract Number: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
North Knoll Llc
Bought by
Palast Gregory and Eckardt Elena L
Current Estimated Value
$1,636,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$133,326
Interest Rate
3.09%
Mortgage Type
Seller Take Back
Estimated Equity
$1,502,979

Purchase Details

Closed on
Oct 2, 2021
Sold by
Tower Group Llc
Bought by
North Knoll Llc

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 2, 2018
Sold by
Hildebrand David and Estate Of Gloria Dale Shiers
Bought by
The Tower Group Llc
Seller's Agent
Stephanie Vitacco
Equity Union
Buyer's Agent
Stephanie Vitacco
Equity Union
List Price
$845,000
Sold Price
$760,000
Premium/Discount to List
-$85,000
-10.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.98%
Original Mortgage
$816,000
Interest Rate
4.4%
Mortgage Type
New Conventional
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
Palast Gregory $1,345,000 Provident Title
North Knoll Llc $1,185,000 Provident Title
The Tower Group Llc $760,000 Stewart Title Wlv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palast Gregory $145,000
Previous Owner The Tower Group Llc $816,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2018 05/22/18 Sold $760,000 -10.1% $435 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $845,000 -- $484 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,193 $1,427,323 $1,141,859 $285,464
2024 $17,193 $1,399,337 $1,119,470 $279,867
2023 $17,862 $1,371,900 $1,097,520 $274,380
2022 $16,957 $1,345,000 $1,076,000 $269,000
2021 $9,882 $798,895 $767,360 $31,535
2019 $10,285 $775,200 $744,600 $30,600
2018 $1,507 $100,573 $52,337 $48,236
2016 $1,392 $96,669 $50,305 $46,364
2015 $1,375 $95,218 $49,550 $45,668
2014 $1,387 $93,354 $48,580 $44,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18059518

California Regional Multiple Listing Service (CRMLS)

APN: 5579-026-015