NOT LISTED FOR SALE

500 N Genesee Ave Unit 502 1/2 Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,876,000 - $2,357,000

2 Beds
2 Baths
1,347 Sq Ft
$250/mo HOA Fee

Last Sold July 19, 2019

Last sale price $819,000 $608 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $15,067/month

61 Days on Market

Highlights

  • City View
  • Spanish Architecture
  • Central Heating and Cooling System
  • Wood Flooring
  • Community Barbecue Grill
  • Dining Room

About This Home

As of July 2019

Rare and historic Fairfax flat in this beautiful 1928 Spanish fourplex. Two bedrooms, two bathrooms with home office nook. Huge open plan layout with a gorgeous modern kitchen, stainless steel appliances, oversized living and dining rooms, master bedroom walk-in closet, peek-a-boo view of the Hollywood sign, hardwood floors, and high ceilings. Hip furnished community garden with BBQ. Private Garage.

Last Agent to Sell the Property

Christopher Stanley

Compass License #01958503 Listed on: 02/15/2019

Compass

Last Buyer's Agent

Jason Woodruff

Keller Williams Hollywood Hills License #01720468

Keller Williams Hollywood Hills

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,475

Year Built

  • Built in 1928

Lot Details

  • 6,098

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Covered Space

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,347 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Wood Flooring
  • City Views
  • Security Lights
  • Laundry in unit

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5527-024-013

Community Details

Overview

  • 4 Units

Amenities

  • Community Barbecue Grill

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$36,475

Year Built

Built in 1928

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Complex Name: 500-502 N Genesee Avenue TIC
  • Entry Floor: 2
  • Living Area: 1347
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1928
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 637.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Exterior Security Lights

Association/Amenities

  • Amenities: Assoc Barbecue
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 250.00
  • HOA: Yes

Lot Info

  • Special Zoning: Rent Control
  • Assessor Parcel Number: 5527-024-013
  • Geocode Override: No
  • Lot Size Area: 6183

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
Maskin Louis Anthony and Chu Brent
Bought by
Metz Martin and Markoc Sebastien
Total Days on Market
61
Current Estimated Value
$2,098,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$699,300
Outstanding Balance
$685,280
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$1,412,720

Purchase Details

Closed on
Jan 31, 2022
Sold by
Daglas Cristina P
Bought by
Dash Mona

Purchase Details

Closed on
Dec 23, 2019
Sold by
Alsman Carol J and The Carol J Alsman Trust
Bought by
Daglas Cristina P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2019
Sold by
Maskin Carol Antoinette Ramirez
Bought by
Maskin Jonathan David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2019
Sold by
Alsman Carol J
Bought by
Maskin Louis Anthony and Chu Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,250
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 15, 2019
Closed on
Jul 8, 2019
Sold by
Alsman Carol J and The Carol J Aisman Trust
Bought by
Jermain Thomas E
Seller's Agent
Christopher Stanley
Compass
Buyer's Agent
Jason Woodruff
Keller Williams Hollywood Hills
List Price
$950,000
Sold Price
$819,000
Premium/Discount to List
-$131,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%
Original Mortgage
$207,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 21, 2012
Sold by
Millar Catherine S
Bought by
Lsjb Investments Llc

Purchase Details

Closed on
Jun 6, 2005
Sold by
500 N Genesee Llc
Bought by
Alsman Carol J

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
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2004
Sold by
Vigon Carlos
Bought by
500 N Genesee Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 23, 2004
Sold by
Gorcey Elizabeth
Bought by
Vigon Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
5.72%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 13, 2004
Sold by
Amiri Martin
Bought by
Gorcey Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2004
Sold by
Hoo James C and Hoo James
Bought by
Gorcey Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Metz Martin $999,000 Equity Title - Los Angeles
Dash Mona $975,000 Fidelity National Title
Daglas Cristina P $811,000 First American Title Company
Monge Roberto Ignacio Montero $699,000 First American Title Company
Maskin Jonathan David -- First American Title Company
Maskin Louis Anthony $842,000 First American Title Company
Jermain Thomas E $819,000 First American Title
Lsjb Investments Llc -- None Available
Alsman Carol J $1,365,000 Landsafe Title
500 N Genesee Llc -- --
Vigon Carlos -- Landsafe Title Co
Vigon Carlos -- Landsafe Title Co
Gorcey Elizabeth A -- --
Gorcey Elizabeth A -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metz Martin $699,300
Previous Owner Monge Roberto Ignacio Montero $524,250
Previous Owner Daglas Cristina P $648,800
Previous Owner Maskin Louis Anthony $659,200
Previous Owner Jermain Thomas E $207,000
Previous Owner Alsman Carol J $980,000
Previous Owner Vigon Carlos $287,500
Previous Owner Vigon Carlos $632,500
Previous Owner Gorcey Elizabeth A $630,000
Previous Owner Gorcey Elizabeth A $630,000
Closed Vigon Carlos $287,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2019 07/19/19 Sold $819,000 -4.7% $608 / Sq Ft
03/20/2019 03/20/19 Price Changed $859,000 -4.4% $638 / Sq Ft
03/07/2019 03/07/19 Price Changed $899,000 -5.4% $667 / Sq Ft
02/15/2019 02/15/19 For Sale $950,000 -- $705 / 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
2024 $36,475 $2,983,383 $2,205,514 $777,869
2023 $42,370 $3,475,275 $2,576,178 $899,097
2022 $30,019 $2,524,047 $1,840,581 $683,466
2021 $29,638 $2,474,557 $1,804,492 $670,065
2020 $30,026 $2,449,185 $1,785,990 $663,195
2019 $19,251 $1,585,503 $1,140,315 $445,188
2018 $19,132 $1,554,415 $1,117,956 $436,459
2016 $18,266 $1,494,057 $1,074,546 $419,511
2015 $18,001 $1,471,616 $1,058,406 $413,210
2014 $18,075 $1,442,790 $1,037,674 $405,116
Source: Public Records

Agents Affiliated with this Home

  • Christopher Stanley

    Seller's Agent in 2019

    Christopher Stanley

    Compass

    (310) 803-2722

    1 in this area

    17 Total Sales

    Christopher Stanley
    Section Image
  • Jason Woodruff

    Buyer's Agent in 2019

    Jason Woodruff

    Keller Williams Hollywood Hills

    (310) 770-3101

    68 Total Sales

    Jason Woodruff
    Section Image
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Map

Source: The MLS

MLS Number: 19-434804

The MLS

APN: 5527-024-013

California Los Angeles County Los Angeles 90036 Melrose

500 N Genesee Ave Unit 502 1/2, Los Angeles, CA

This home is located at 500 N Genesee Ave Unit 502 1/2, Los Angeles, CA 90036 since 15 February 2019 and is currently estimated at $2,098,000, approximately $1,557 per square foot. This property was built in 1928. 500 N Genesee Ave Unit 502 1/2 is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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