NOT LISTED FOR SALE

Estimated Value: $2,670,000 - $3,380,000

4 Beds
3 Baths
3,125 Sq Ft
$989/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $3,255,000 $1,042 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $17,272/month

8 Days on Market

Highlights

  • Ocean View
  • Art Studio
  • Wood Flooring
  • Franklin Avenue Elementary Rated A-
  • Heated In Ground Pool
  • Spanish Architecture

About This Home

As of July 2024

At the very top of the enchanting Franklin Hills, where Franklin Avenue and Mayview converge, a remarkable Spanish Revival Home awaits its next chapter. For the first time in over 54 years, this vintage gem is ready to embrace new owners seeking the perfect blend of location, history, and timeless elegance. With a sun-filled classic floorplan of 4+3, formal dining room, and den, this residence is a rare find. This home offers the best of both worlds with an expansive 9251 square foot flat lot, providing ample space for outdoor enjoyment, and stunning 360-degree views that capture the essence of the surrounding landscape. Whether gazing at the Observatory or the dazzling skyline of Downtown LA, the vistas from this property are simply breathtaking. Stepping inside, the home exudes the romance of yesteryear with original architectural details such as peg and groove hardwood floors, lofty high beamed ceilings, Moorish lighting fixtures, decorative fireplace, and original tile. Located in the the heart of the home are private rear grounds with lush landscape of bougainvilla, aloe, and palm fronds that surround a saltwater pool. While the upper level currently serves as an attic/storage space, you can envision the possibilities of transforming it into a dreamy primary suite or a sunlit studio, all with panoramic views. Tax records show 6+4 with 3125 SF interiors. Seller updates include newer sewer, HVAC, and electrical upgrades. With its ideal location, vintage allure, and potential for personalization, this Spanish Revival Home can be your forever home. Los Feliz is now a sought-after destination with Griffith Park, Observatory, and specialty shops and eateries including Maru Coffee, Alcove, All Time, and Little Doms.

Last Agent to Sell the Property

Grace Gaerlan

Compass License #01012848 Listed on: 06/17/2024

Compass

Last Buyer's Agent

Michael Maguire

Compass License #01762981

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,754

Year Built

  • Built in 1930

Lot Details

  • 9,251 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Property Views

  • Ocean
  • Panoramic
  • Skyline
  • Mountain
  • Pool

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,125 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Formal Dining Room
  • Den
  • Art Studio
  • Laundry in Garage
  • Attic

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5433-015-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,754

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3125
  • Lot Acreage: 0.2124
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • 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: 0
  • Eating Areas: Formal Dining Rm
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Refrigerator, Range/Oven, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 1024.00

Exterior Features

  • Other Structures: None
  • Pool Description: Salt/Saline, Heated
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: City, City Lights, Skyline, Panoramic, Ocean, Mountains, Pool
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5433-015-030
  • Lot Size Area: 9251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 12, 2024
Sold by
Parsons John F
Bought by
Casnoff Macklin and Ressler Rebecca
Seller's Agent
Grace Gaerlan
Compass
Buyer's Agent
Michael Maguire
Compass
List Price
$3,200,000
Sold Price
$3,255,000
Premium/Discount to List
$55,000
1.72%
Total Days on Market
8
Views
33
Current Estimated Value
$3,089,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$165,734
Avg. Annual Appreciation
-1.80%
Original Mortgage
$3,255,000
Outstanding Balance
$3,221,872
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$33,992

Purchase Details

Closed on
Mar 11, 2009
Sold by
Parsons Catherine
Bought by
Parsons John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 27, 2003
Sold by
Parsons John F and Parsons Gregory A
Bought by
Parsons John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,500
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2002
Sold by
Parsons John F and Parsons Gregory A
Bought by
Parsons John F and Parsons Gregory A
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
Casnoff Macklin $3,255,000 Consumers Title
Parsons John F -- North American Title Co
Parsons John F -- Act
Parsons John F -- Act
Parsons John F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casnoff Macklin $3,255,000
Previous Owner Parsons John F $596,100
Previous Owner Parsons John F $150,000
Previous Owner Parsons John F $75,000
Previous Owner Parsons John F $250,000
Previous Owner Parsons John F $483,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $3,255,000 +1.7% $1,042 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $3,200,000 -- $1,024 / 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 $9,754 $3,255,000 $2,255,000 $1,000,000
2024 $9,754 $768,723 $459,725 $308,998
2023 $11,821 $753,651 $450,711 $302,940
2022 $11,386 $738,874 $441,874 $297,000
2021 $11,264 $724,387 $433,210 $291,177
2019 $11,000 $702,903 $420,361 $282,542
2018 $10,895 $689,121 $412,119 $277,002
2016 $9,668 $593,040 $396,117 $196,923
2015 $7,312 $584,133 $390,167 $193,966
2014 $7,341 $572,692 $382,525 $190,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-404411

The MLS

APN: 5433-015-030