NOT LISTED FOR SALE

348 N Orange Dr Unit 348 Los Angeles, CA 90036

Hancock Park Neighborhood

Estimated Value: $1,734,927 - $2,595,000

3 Beds
3 Baths
2,500 Sq Ft
$815/Sq Ft Est. Value

About This Home

As of September 2016

Beautiful 3 bedroom, 3 bathroom lower unit in fully renovated duplex. Incredible location situated near many fine dining, shopping and entertainment venues. Very open floor plan with large dining room attached to stunning kitchen with brand new stainless steel appliances. Perfect for entertaining. Wired for sound system, internet, and equipped with central AC and heat. Large master bedroom with walk-in closet. Third bedroom could be utilized as a maid's suite just off of laundry room with washer and dryer with its own entrance. Two-car garage with lots of storage. BOTH UNITS ALSO AVAILABLE TO RENT AS A SINGLE-FAMILY DWELLING/LIVE/WORK SPACE WITH SINGLE, FRONT ENTRY. Price upon request.

Last Agent to Rent the Property

Chelsea Montgomery-Duban

MDW Estates Group License #01988957 Listed on: 09/12/2016

MDW Estates Group

Co-Listed By

Dominic Waechter

MDW Estates Group License #02006729

Last Renter's Agent

Federico Salvatori

Carolwood Estates License #01946937

Carolwood Estates

Property Details

Home Type

Other

Est. Annual Taxes

$18,357

Year Built

1927

Lot Details

0

Interior Features

  • Room List: Master Bedroom, Guest-Maids Quarters, Living Room, Separate Maids Quarters
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Entry Location: Ground Level w/steps
  • Cooking Appliances: Range
  • Eating Areas: Dining Area, Breakfast Nook, Family Room, Formal Dining Rm
  • Security/Safety: Smoke Detector
  • Bathroom Features: Powder Room
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Laundry Locations: Laundry Area In Unit
  • Active Date: 9/12/2016 12:00:00 AM
  • Rent Includes: Gardener, Trash, Water
  • Security Deposit: 11900.00
  • Fireplace Rooms: Living Room

Exterior Features

  • Other Structura lFeatures: Service Entrance
  • Covered Parking: 2
  • Common Walls: Attached

Garage/Parking

  • Assigned Parking Spaces: 2
  • Parking Type: Garage - Two Door
  • Parking Features: Private Garage

Utilities

  • Cooling: Air Conditioning, Central A/C
  • Heating: Central Furnace

Condo/Co-op/Association

  • Total Number of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Chang Andrew N and Martin Chang Karen
Bought by
Tress Avrohom Leib and Jacobs Sarah Julia
Current Estimated Value
$2,037,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,999,999
Outstanding Balance
$1,823,340
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$193,897

Purchase Details

Closed on
Jun 29, 2016
Sold by
Hancock Orange Llc
Bought by
Chang Andrew N and Martin Chang Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,999
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 1, 2013
Sold by
Eden Place Llc
Bought by
Hancock Orange Llc

Purchase Details

Closed on
Mar 25, 2013
Sold by
Perl Adrian Ashole and Perl Deborah Leah
Bought by
Eden Place Llc

Purchase Details

Closed on
May 8, 2009
Sold by
Perl Sholem and Perl Leah
Bought by
Perl Sholem and 348 N Orange Partnership

Purchase Details

Closed on
Oct 7, 2005
Sold by
Perl Adrian Sholem and Perl Devorah Leah
Bought by
Perl Adrian Sholem and Perl Deborah Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 5, 2004
Sold by
Perl Sholem
Bought by
Perl Sholem and Perl Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2004
Sold by
Perl Leah
Bought by
Perl Sholem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2003
Sold by
Perl Sholem and Perl Leah
Bought by
Perl Sholem and Perl Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Tress Avrohom Leib $2,890,000 Stewart Title
Chang Andrew N $2,750,000 Chicago Title
Hancock Orange Llc -- None Available
Eden Place Llc $1,391,000 None Available
Perl Sholem -- None Available
Perl Adrian Sholem -- Investors Title Company
Perl Sholem -- --
Perl Sholem -- Alliance Title
Perl Sholem -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tress Avrohom Leib $1,999,999
Previous Owner Chang Andrew N $1,499,999
Previous Owner Perl Adrian Sholem $105,000
Previous Owner Perl Adrian Sholem $1,300,000
Previous Owner Perl Sholem $140,000
Previous Owner Perl Sholem $980,000
Previous Owner Perl Sholem $750,000
Closed Perl Sholem $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2016 09/22/16 Rented $5,850 -1.7% --
09/12/2016 09/12/16 For Rent $5,950 -- --
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 $18,357 $1,533,445 $928,557 $604,888
2024 $18,357 $1,503,378 $910,350 $593,028
2023 $18,003 $1,473,900 $892,500 $581,400
2022 $17,165 $1,445,000 $875,000 $570,000
2021 $17,378 $1,452,832 $884,566 $568,266
2020 $17,558 $1,437,936 $875,496 $562,440
2019 $16,856 $1,409,742 $858,330 $551,412
2018 $16,782 $1,382,100 $841,500 $540,600
2017 $16,401 $1,355,000 $825,000 $530,000
Source: Public Records

Agents Affiliated with this Home

  • Dominic Waechter

    Landlord's Co-Listing Agent in 2016

    Dominic Waechter

    MDW Estates Group

    (424) 521-0402

    1 in this area

    11 Total Sales

    Dominic Waechter
    Section Image
  • Federico Salvatori

    Tenant's Agent in 2016

    Federico Salvatori

    Carolwood Estates

    (310) 500-8213

    14 Total Sales

    Federico Salvatori
    Section Image

  • J

    Buyer Co-Listing Agent in 2016

    Javier Puga-Phillips

    Corcoran Global Living

    Section Image
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Map

Source: The MLS

MLS Number: 16161680

The MLS

APN: 5524-040-035

California Los Angeles County Los Angeles 90036 Hancock Park

348 N Orange Dr Unit 348, Los Angeles, CA

This home is located at 348 N Orange Dr Unit 348, Los Angeles, CA 90036 since 12 September 2016 and is currently priced at $2,037,309. This property was built in 1927. 348 N Orange Dr Unit 348 is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, John Burroughs Middle School, and Fairfax High School.

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