NOT LISTED FOR SALE

Estimated Value: $1,185,615 - $1,550,000

3 Beds
2.5 Baths
1,605 Sq Ft
$849/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $1,050,000 $654 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,261/month

123 Days on Market

Highlights

  • New Construction
  • Walk-In Closet
  • Laundry Room
  • 2 Car Attached Garage
  • Living Room
  • Central Heating and Cooling System

About This Home

As of September 2022

Five, new construction, single-family homes in the heart of LA! Built by Assen Homes Inc. Beautifully unique, located minutes from the highly sought after neighborhood of Hancock Park and Korean Town near Hollywood and Larchmont Village. Three different floor plans, all offering two bedrooms plus a bonus room and two and half bathrooms. The bonus room is perfect as a dedicated office or additional bedroom. Each unit provides an abundance of natural light, floor to ceiling walls of glass and thoughtful finishes. The open-concept, modern layout pairs contemporary finishes featuring an array of generous appointments, including luxury vinyl flooring, stylish kitchen features, an eat-in breakfast bar, center island, custom cabinetry, storage/pantry, quartz countertops, and stainless steel appliances for the home chef. The master suite offers a custom walk-in closet and a retreat style bathroom in addition to a second en-suite bedroom. Designer details include a direct access 2 car garage, individual and private entry, as well as the benefits of no shared common walls, and a large flex space on the fourth level perfect for enjoying a live/work lifestyle.
Surrounded by a range of fabulous restaurants and entertainment, Elmwood is ideally located blocks from Paramount Studios, and other esteemed attractions including Larchmont Village, Hollywood, Korea Town, and Downtown LA. Close to hiking trails for those who live an active lifestyle, plus major studios like Universal Studios, and Netflix, making for the ideal SoCal urban lifestyle you've been searching for.

Last Agent to Sell the Property

Pauline Cheng

Re/Max Premier Prop Arcadia License #00993691 Listed on: 04/07/2022

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Mary Hedley Campos

Coldwell Banker Realty License #02022889

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,027

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 1,175 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned LAR3

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,605 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • 4737 Elmwood 5U Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 74646
  • Assessor Parcel Number 5522019047
  • $136 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,027

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$101 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5522019047
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1605.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 654.21
  • Room Type: Living Room, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Water
  • Association Fee: 101.00
  • Association Fee Frequency: Monthly
  • Association Name: 4737 Elmwood 5U
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 1175.00
  • Lot Size Acres: 0.0270

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1175.0000 Square Feet
  • Number Of Units Total: 5

Tax Info

  • Tax Census Tract: 1924.20
  • Tax Lot: 2
  • Tax Tract Number: 74646
  • TaxOtherAnnualAssessmentAmount: 136.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Aug 2, 2022
Sold by
4737 Elmwood Ave Llc
Bought by
Shikari Amar
Seller's Agent
Pauline Cheng
Re/Max Premier Prop Arcadia
Buyer's Agent
Mary Hedley Campos
Coldwell Banker Realty
List Price
$998,000
Sold Price
$1,050,000
Premium/Discount to List
$52,000
5.21%
Views
6
Current Estimated Value
$1,298,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,332
Avg. Annual Appreciation
9.24%
Original Mortgage
$945,000
Outstanding Balance
$904,450
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$458,204
Source: Public Records

Range of Values:

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Average Value
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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
Shikari Amar $1,050,000 Stewart Title Of California In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shikari Amar $945,000
Closed Shikari Amar $945,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $1,050,000 +5.2% $654 / Sq Ft
04/07/2022 04/07/22 For Sale $998,000 -- $622 / 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 $13,027 $1,092,420 $436,968 $655,452
2024 $13,027 $1,071,000 $428,400 $642,600
2023 $12,776 $1,050,000 $420,000 $630,000
2022 $8,451 $709,593 $304,833 $404,760
2021 $8,311 $695,680 $298,856 $396,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22063315

California Regional Multiple Listing Service (CRMLS)

APN: 5522-019-047