NOT LISTED FOR SALE

Estimated Value: $7,299,000 - $8,281,000

7 Beds
5.5 Baths
6,030 Sq Ft
$1,293/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $5,800,000 $962 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $47,196/month

57 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Deck
  • Third Street Elementary School Rated A
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of July 2021

Situated on a quiet corner lot in prime Hancock Park, this Spanish style gem exudes timeless charm and class. With 6 bedrooms, 7 bathrooms, and over 6000 square feet of interior living space, this property is ideal for entertaining and a dynamic lifestyle. The homes front facade is surrounded by quaint gardens leading up to a dramatic entryway. Walking inside, the soaring foyer is flanked by principal living and dining rooms and a tasteful curved wrought iron staircase. The kitchen flows directly into an expansive family room and wall of sliding glass doors that highlight an incredible indoor/outdoor living space. Beyond the doors you'll find an impressive, compound-like backyard complete with a pool, outdoor kitchen and sprawling grounds. The detached garage and guest house includes parking for 4 cars and an entirely finished second level with kitchenette, full bathroom, and 2 bedrooms. Back in the main house you'll find four spacious bedrooms on the second level, including a generous master retreat with walk-in closet and en-suite bathroom.

Last Agent to Sell the Property

Eric Rzepnicki

Douglas Elliman License #02100338 Listed on: 04/19/2021

Douglas Elliman

Co-Listed By

Angel Gonzalez

Douglas Elliman License #02051080

Last Buyer's Agent

Kristen Novoa

License #01291929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $74,336

Year Built

  • Built in 2002

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 85x187
  • Fenced Yard
  • Corner Lot
  • Lawn
  • Property is zoned LAR1

Parking

  • 3 Car Attached Garage

Home Design

  • Spanish Architecture
  • Barrel Roof Shape
  • Stucco

Interior Spaces

  • 6,030 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Awning
  • Sliding Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Additional Homes

  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5507-015-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$74,336

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 6030
  • Lot Acreage: 0.3629
  • Lot Dimensions: 85x187
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 2002
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Master Bedroom, Living Room, Exterior, Guest House
  • Flooring: Stone, Mixed, Carpet, Hardwood
  • Bedrooms: 7
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Alarm System, Ceiling Fan, Cable, Barbeque, Dishwasher, Dryer, Freezer, Microwave, Washer, Refrigerator, Range/Oven, Garbage Disposal, Hood Fan
  • Price Per S Q F T: 995.02

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, Barbecue Private, High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Guest House: Detached
  • Patio: Awning, Concrete Slab, Covered Porch, Deck(s), Balcony
  • Pool Description: In Ground, Heated, Private
  • Pool: Yes
  • Roof: Barrel
  • Spa: Above Ground
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5507-015-001
  • Lot Description: Lawn, Front Yard, Fenced Yard, Fenced, Yard
  • Lot Location: Corner Lot
  • Lot Size Area: 15809

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Kaz Lisa Allison
Bought by
Kaz Lisa Allison
Current Estimated Value
$7,794,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,775,651
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$6,019,084

Purchase Details

Closed on
Feb 4, 2011
Sold by
Kaz Lisa
Bought by
Kaz Lisa Allison

Purchase Details

Closed on
Oct 26, 2004
Sold by
Nishio Yoshi and Lu Min Chien
Bought by
Kaz Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,380,000
Interest Rate
2%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 11, 2001
Sold by
Lu Min Chien
Bought by
Lu Min Chien and Nishio Yoshi
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
Kaz Lisa Allison -- Wfg National Title Co Of Ca
Kaz Lisa Allison -- Fidelity National Title Co
Kaz Lisa $3,500,000 Equity Title Company
Nishio Yoshi -- Equity Title
Lu Min Chien -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaz Lisa Allison $2,000,000
Closed Kaz Lisa $2,380,000
Closed Kaz Lisa $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2021 07/13/21 Sold $5,800,000 -3.3% $962 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $6,000,000 0.0% $995 / Sq Ft
08/14/2019 08/14/19 Rented $16,000 0.0% --
06/27/2019 06/27/19 Price Changed $16,000 -5.9% $3 / Sq Ft
05/16/2019 05/16/19 For Rent $17,000 -- --
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 $74,336 $6,155,004 $4,768,749 $1,386,255
2024 $73,544 $6,034,319 $4,675,245 $1,359,074
2023 $72,091 $5,916,000 $4,583,574 $1,332,426
2022 $68,690 $5,800,000 $4,493,700 $1,306,300
2021 $43,463 $3,610,000 $3,094,300 $515,700
2020 $48,791 $3,980,000 $3,411,000 $569,000
2019 $46,737 $3,894,000 $3,337,000 $557,000
2018 $44,716 $3,667,000 $3,142,000 $525,000
2016 $38,274 $3,146,000 $2,696,000 $450,000
2015 $34,055 $2,792,000 $2,393,000 $399,000
2014 $31,114 $2,488,600 $2,133,100 $355,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-720744

The MLS

APN: 5507-015-001