Seller's Agent in 2024
Alessandra Ferracuti
Compass
(310) 230-5478
1 in this area
3 Total Sales
4957 4959 W Melrose Hill Hollywood, CA 90029
East Hollywood NeighborhoodEstimated Value: $2,372,316 - $2,938,000
7
Beds
6
Baths
5,004
Sq Ft
$520/Sq Ft
Est. Value
Highlights
- Guest House
- Two Primary Bedrooms
- Craftsman Architecture
- STEM Academy at Bernstein High Rated A-
- 0.3 Acre Lot
- View of Hills
About This Home
As of April 2024Sitting in a 13,000 Sqft of a flat Lot, this compound estate is located in a pocket area in Melrose Hill. Facing the Hollywood sign, Griffin Museum and 5 min away from Paramount Studio. This property has to offer the Main unit with a Mother-In-Law Suite and 1detached unit. The Main duelling is a two story home with over 4,000 Sqft living space. It features 4bed which 2 of them are Masters bedroom, 5 1/2 bath and a mother-in-law suite. Second floor includes aMother-in -Law suite with 1 bed,1 full bath, private entrance and private balcony. This is an Historic neighbourhood, family friendly, it's a private location, the property is located at the end of the cul-de-sac and its completely fenced. The detached Unit 4959 has to offer approximately 1,000 Sqft of living space, 2 bed & 1bath, private balcony with bbq area and front patio facing as well the Hollywood sign. At the moment both of the units are successfully rented. Main unit 4957 is rented with 1 year lease at $11,000/Mth; Detached unit 4959 is rented month to month at $3,750/Mth. This property is certainly generating monthly rental income. It could be a great fit for that owner who wants buy a great house, with a large lot and privacy. While living the Hollywood life, the lucky owner is able to pay his mortgage with rental income. This is for real the American dream. Call for more info and schedule a showing.
Last Agent to Sell the Property
Compass License #02053258 Listed on: 08/23/2023
Last Buyer's Agent
Rosa Garcia
License #01373253
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,970
Year Built
- Built in 1995
Lot Details
- 0.3 Acre Lot
- Property is zoned LAR1
Home Design
- Craftsman Architecture
- Split Level Home
Interior Spaces
- 5,004 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Area
- Home Office
- Wood Flooring
- Views of Hills
- Laundry in Garage
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 7 Bedrooms
- Double Master Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- 6 Bathrooms
Parking
- 8 Parking Spaces
- Driveway
Additional Features
- Covered Patio or Porch
- Guest House
- Central Heating and Cooling System
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 5535-028-026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2023
Closed on
Apr 17, 2024
Sold by
Slevo Vazira and Pari Vazira
Bought by
Miller Joshua Aaron
Seller's Agent
Alessandra Ferracuti
Compass
Buyer's Agent
Rosa Garcia
List Price
$2,475,000
Sold Price
$2,600,000
Premium/Discount to List
$125,000
5.05%
Views
109
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,688
Avg. Annual Appreciation
0.11%
Purchase Details
Closed on
Jun 16, 2005
Sold by
Vazira Vazira Henri Henri and Vazira Slevo
Bought by
Vazira Henri and Vazira Hetty
Purchase Details
Closed on
Oct 3, 1997
Sold by
Vazira Slevo and Vazira Pari
Bought by
Vazira Slevo and Vazira Pari
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller Joshua Aaron | $2,600,000 | Monarch Title | |
| Vazira Henri | -- | -- | |
| Vazira Slevo | -- | -- | |
| Vazira Slevo | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller Joshua Aaron | $700,001 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2024 04/23/24 | Sold | $2,600,000 | +5.1% | $520 / Sq Ft |
| 01/24/2024 01/24/24 | For Sale | $2,475,000 | -4.8% | $495 / Sq Ft |
| 01/20/2024 01/20/24 | Pending | -- | -- | -- |
| 01/19/2024 01/19/24 | Off Market | $2,600,000 | -- | -- |
| 11/18/2023 11/18/23 | For Sale | $2,475,000 | -4.8% | $495 / Sq Ft |
| 11/17/2023 11/17/23 | Off Market | $2,600,000 | -- | -- |
| 08/23/2023 08/23/23 | For Sale | $2,475,000 | -- | $495 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $6,970 | $2,652,000 | $1,856,400 | $795,600 |
| 2024 | $6,970 | $521,947 | $91,525 | $430,422 |
| 2023 | $6,849 | $511,714 | $89,731 | $421,983 |
| 2022 | $6,554 | $501,681 | $87,972 | $413,709 |
| 2021 | $6,446 | $491,846 | $86,248 | $405,598 |
| 2020 | $6,503 | $486,804 | $85,364 | $401,440 |
| 2019 | $6,265 | $477,260 | $83,691 | $393,569 |
| 2018 | $6,163 | $467,902 | $82,050 | $385,852 |
| 2016 | $5,852 | $449,735 | $78,865 | $370,870 |
| 2015 | $5,773 | $442,981 | $77,681 | $365,300 |
| 2014 | $5,807 | $434,305 | $76,160 | $358,145 |
Source: Public Records
Agents Affiliated with this Home
-
-
R
Buyer's Agent in 2024
Rosa Garcia
Map
Source: The MLS
MLS Number: 23-314766
APN: 5535-028-026
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