NOT LISTED FOR SALE

347 S Highland Ave Los Angeles, CA 90036

Hancock Park Neighborhood

Estimated Value: $2,246,000 - $2,646,000

5 Beds
3 Baths
2,508 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $1,760,000 $702 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $15,754/month

130 Days on Market

Highlights

  • In Ground Pool
  • Peek-A-Boo Views
  • No HOA
  • Third Street Elementary School Rated A
  • Traditional Architecture
  • Laundry Room

About This Home

As of July 2020

Originally constructed in the 1920's. This turn key and fully remodelled home is located in the charming Hancock Park. Comprising 5 beds, and 3 baths, the property is perfect for the discerning buyer looking to enter the Hancock Park market. The house has an abundance of privacy with mature trees and foliage that gives any buyer the ultimate enclave away from the street. A large pool and back house, as well as off street parking and garage compliment the home perfectly. The kitchen features updated quartz counter tops and stainless steel appliances. The bathrooms have all been upgraded, and there is an abundance of natural light throughout the property. The garden is west facing, leading to long and warm sunny days at the back of thehouse. A rare find in an upscale neighborhood.

Last Agent to Sell the Property

Joshua Altman

Douglas Elliman of California, Inc. License #01764587 Listed on: 02/10/2020

Douglas Elliman of California, Inc.

Co-Listed By

Matthew J. Altman

Douglas Elliman of California, Inc. License #01874316

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,107

Year Built

  • Built in 1924

Lot Details

  • 8,100 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,508 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Laminate Flooring
  • Peek-A-Boo Views
  • Alarm System
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5507-004-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,107

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 2508
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas
  • Flooring: Laminate
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 737.64

Exterior Features

  • Other Structures: None
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: No
  • View: Peek-A-Boo
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5507-004-008
  • Geocode Override: No
  • Lot Size Area: 8100

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jun 24, 2020
Sold by
Han Chun Bok
Bought by
Lee Kwanghyung
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,850,000
Sold Price
$1,760,000
Premium/Discount to List
-$90,000
-4.86%
Current Estimated Value
$2,525,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,563
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jun 19, 2020
Sold by
Stern Alan E and Stern Lisa A
Bought by
Lee Kwanghyung
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,850,000
Sold Price
$1,760,000
Premium/Discount to List
-$90,000
-4.86%

Purchase Details

Closed on
Nov 26, 2008
Sold by
Stern Alan E
Bought by
Stern Alan E and Stern Lisa A

Purchase Details

Closed on
Mar 7, 2008
Sold by
Woodward Fay
Bought by
Stern Alan E and Stern Lisa A

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
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2005
Sold by
Karns Kara K
Bought by
Karns Kara K and Woodward Fay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2005
Sold by
Sterling Investment Funding Llc
Bought by
Karns Kara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 1, 2005
Sold by
Weiss David
Bought by
Sterling Investment Funding Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2004
Sold by
Marlowe Associates Llc
Bought by
Sagoian Ara Khan

Purchase Details

Closed on
Jan 18, 2004
Sold by
Marlowe Associates Llc
Bought by
Sagoian Ara Kahn

Purchase Details

Closed on
Dec 7, 2003
Sold by
Weiss David
Bought by
Marlowe Associates Llc

Purchase Details

Closed on
Jan 28, 2003
Sold by
Weiss Miriam
Bought by
Weiss David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
5.93%

Purchase Details

Closed on
Dec 6, 2002
Sold by
Defined Benefit Pension Plan Of Baxter H
Bought by
Weiss David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
5.93%

Purchase Details

Closed on
Jul 25, 2002
Sold by
Kraft Stephen M
Bought by
Defined Benefit Pension Plan Baxter Hall

Purchase Details

Closed on
May 29, 1998
Sold by
Kraft Stephen M
Bought by
Kraft Stephen M and Kraft Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.06%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 1994
Sold by
Manns Bruce Lee
Bought by
Kraft Stephen M and Kraft Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,200
Interest Rate
7.5%
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
Lee Kwanghyung -- First American Title Company
Lee Kwanghyung $1,760,000 First American Title Company
Stern Alan E -- Accommodation
Stern Alan E -- Accommodation
Stern Alan E $1,250,000 First American Title Co La
Karns Kara K -- --
Karns Kara K $1,150,000 Fidelity National Title Co
Sterling Investment Funding Llc $879,000 --
Sagoian Ara Khan -- --
Sagoian Ara Kahn $80,000 --
Marlowe Associates Llc -- --
Weiss David -- Chicago Title Co
Weiss David $715,000 Chicago Title Co
Defined Benefit Pension Plan Baxter Hall $695,100 --
Kraft Stephen M -- --
Kraft Stephen M $355,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stern Alan E $1,019,300
Previous Owner Stern Alan E $1,014,000
Previous Owner Stern Alan E $725,000
Previous Owner Stern Alan E $403,782
Previous Owner Stern Alan E $417,000
Previous Owner Stern Alan E $333,000
Previous Owner Woodward Fay $1,000,000
Previous Owner Woodward Fay $155,000
Previous Owner Karns Kara K $920,000
Previous Owner Sterling Investment Funding Llc $0
Previous Owner Weiss David $536,250
Previous Owner Kraft Stephen M $30,000
Previous Owner Kraft Stephen M $50,000
Previous Owner Kraft Stephen M $352,000
Previous Owner Kraft Stephen M $266,200
Closed Karns Kara K $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $1,760,000 -4.9% $702 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
03/04/2020 03/04/20 For Sale $1,850,000 0.0% $738 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $1,850,000 -- $738 / 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 $23,107 $1,924,812 $1,539,851 $384,961
2024 $23,107 $1,887,071 $1,509,658 $377,413
2023 $22,662 $1,850,070 $1,480,057 $370,013
2022 $21,610 $1,813,795 $1,451,037 $362,758
2021 $21,346 $1,778,232 $1,422,586 $355,646
2020 $18,351 $1,492,055 $1,193,647 $298,408
2019 $17,622 $1,462,800 $1,170,243 $292,557
2018 $17,544 $1,434,119 $1,147,298 $286,821
2016 $16,783 $1,378,433 $1,102,748 $275,685
2015 $16,538 $1,357,728 $1,086,184 $271,544
2014 $15,431 $1,236,000 $988,000 $248,000
Source: Public Records

Agents Affiliated with this Home

  • Joshua Altman

    Seller's Agent in 2020

    Joshua Altman

    Douglas Elliman of California, Inc.

    (323) 610-0231

    11 in this area

    512 Total Sales

    Section Image
  • Matthew J. Altman

    Seller Co-Listing Agent in 2020

    Matthew J. Altman

    Douglas Elliman of California, Inc.

    (323) 791-9398

    9 in this area

    184 Total Sales

    Section Image

  • S

    Buyer's Agent in 2020

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 20-552488

The MLS

APN: 5507-004-008

California Los Angeles County Los Angeles 90036 Hancock Park

347 S Highland Ave, Los Angeles, CA

This home is located at 347 S Highland Ave, Los Angeles, CA 90036 since 10 February 2020 and is currently estimated at $2,524,911, approximately $1,006 per square foot. This property was built in 1924. 347 S Highland Ave is a home located in Los Angeles County with nearby schools including Third Street Elementary School, John Burroughs Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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