NOT LISTED FOR SALE

5014 Melrose Ave Los Angeles, CA 90004

Larchmont Neighborhood

Estimated Value: $10,291,483

-- Bed
37 Baths
225 Sq Ft
$45,740/Sq Ft Est. Value

About This Home

PLEASE CALL FOR INQUIRIES INSTEAD OF EMAIL FOR A MORE PROMPT RESPONSE. TOTALLY REDONE BACHELOR APARTMENT An upper unit in 37-unit building. Totally redone apartment with ceiling fan, full size kitchenette with counter top gas stove, refrigerator, kitchen cabinets and kitchen sink. If you like the convenience of having the Metro (Subway), 101 FWY, 24 hour markets, restaurants, hospitals, banks, schools, and Hollywood
entertainment such as the Hollywood Bowl, The Walk of Fame Stars, Griffith Observatory, The Grove, and Greek Theater, Sunset Strip come check out our newly remodeled units today! We’re very close by to Downtown LA! The Apartment is located in East Hollywood, CA with LA's most popular Night Spots.
BUILDING AMENITIES: Charming, quiet building, controlled access, All utilites are included. Building is equiped with a laundry facility, on-site on-site Property Manager.UNIT AMENITIES: Totally remodeled, refrigerator, granite counter top, cable ready, wall heater, ceiling fan. Tile floors, counter top

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Skt Melrose Llc
Bought by
5014 Melrose Owner Llc
Current Estimated Value
$10,291,483

Purchase Details

Closed on
Aug 23, 2018
Sold by
Mehrian Shawn S
Bought by
Skt Melrose Llc

Purchase Details

Closed on
Apr 12, 2016
Sold by
Skt Melrose Llc
Bought by
The Mehrian Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,860,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 18, 2016
Sold by
Hollywood Melrose Llc
Bought by
Skt Melrose Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,860,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 18, 2002
Sold by
Pepper James
Bought by
Hollywood Melrose Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,700
Interest Rate
6.24%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 2000
Sold by
Bazak Robert Y
Bought by
Bazak Bedor and Bazak Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,250
Interest Rate
8.11%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 4, 2000
Sold by
Bazak Bedor Tr Bazak Trust
Bought by
Pepper James and James Pepper Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,250
Interest Rate
8.11%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
5014 Melrose Owner Llc $9,090,000 Chicago Title Company
Skt Melrose Llc -- Fidelity National Title Comp
The Mehrian Family Trust -- Lawyers Title Company
Skt Melrose Llc $4,400,000 First American Title Company
Hollywood Melrose Llc -- North American Title Co
Bazak Bedor -- Progressive Title Company
Pepper James $925,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Skt Melrose Llc $3,750,000
Previous Owner Mehrian Shawn S $300,000
Previous Owner Skt Melrose Llc $2,860,000
Previous Owner Hollywood Melrose Llc $1,050,000
Previous Owner Hollywood Melrose Llc $900,000
Previous Owner Hollywood Melrose Llc $854,700
Previous Owner Pepper James $601,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Off Market $1,150 -- --
12/18/2024 12/18/24 Price Changed $1,150 -8.0% $5 / Sq Ft
12/18/2024 12/18/24 Price Changed $1,250 +4.2% $6 / Sq Ft
12/12/2024 12/12/24 For Rent $1,200 0.0% --
02/15/2024 02/15/24 Price Changed $1,200 +4.3% $5 / Sq Ft
11/30/2023 11/30/23 Price Changed $1,150 -3.0% $5 / Sq Ft
09/06/2023 09/06/23 For Rent $1,185 -- --

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 $115,694 $9,646,380 $7,714,982 $1,931,398
2024 $115,694 $9,457,236 $7,563,708 $1,893,528
2023 $113,446 $9,271,800 $7,415,400 $1,856,400
2022 $108,165 $9,090,000 $7,270,000 $1,820,000
2021 $58,634 $4,812,040 $2,624,749 $2,187,291
2019 $56,945 $4,676,360 $2,546,899 $2,129,461
2018 $56,669 $4,584,805 $2,496,960 $2,087,845
2016 $15,261 $1,177,421 $477,331 $700,090
2015 $15,052 $1,159,736 $470,162 $689,574
2014 $15,065 $1,137,020 $460,953 $676,067
Source: Public Records

Map

California Los Angeles County Los Angeles 90004 Larchmont

5014 Melrose Ave, Los Angeles, CA

This home is located at 5014 Melrose Ave, Los Angeles, CA 90004 and is currently estimated at $10,291,483, approximately $45,739 per square foot. 5014 Melrose Ave is a home located in Los Angeles County with nearby schools including Van Ness Avenue Elementary School, Joseph Le Conte Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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