$765,613 - $892,000
RENTED FEB 3, 2025

5015 Westpark Dr Unit 203 North Hollywood, CA 91601

Valley Village Neighborhood
2 Beds
2 Baths
1,600 Sq Ft
7,501 Sq Ft Lot

Last Sold September 24, 2014

Last sale price $485,000 $303 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,921/month

Highlights

  • View of Trees or Woods
  • Updated Kitchen
  • Stone Countertops
  • North Hollywood Senior High School Rated A
  • Contemporary Architecture
  • 2-minute walk to Valley Village Park

About This Home

As of February 2025

Welcome to this post-modern architectural design, the hallmark of this stylish, contemporary 5-unit condo building across from the park in the most coveted pocket of Valley Village. This bright, top-floor, end-unit condo's desirable open-concept floor plan flows with an easy, relaxed elegance thoughtfully designed for both the formal & informal entertainer. Soaring, 17-foot ceilings add high visual drama to the space. An abundance of windows & glass sliding doors bring the outdoors in, imbuing the space with glorious natural light & opening to private view decks offering vast, verdant vistas. The crisp, bright kitchen features stainless steel appliances & cozy breakfast area. Vaulted bedrooms are appointed with wall-to-wall & walk-in closet space & each has a private patio entrance. An array of amenities included laundry in the unit, secured parking & lots of storage It is ideally located in the award-winning Colfax Charter Elementary School District & with moments from major studios & unique boutiques, charming cafes, trendy art galleries, & fantastic theaters of the famed NoHo Arts District.
Broker/Agent does not guarantee the accuracy of square footage, lot size, zoning, rent control, permits, use code, schools, and/or other information concerning the conditions or features of the property.

Last Agent to Rent the Property

Varteni Kambourian

Beverly and Company, Inc. Brokerage Phone: 818-233-5415 License #01908992 Listed on: 11/08/2024

Beverly and Company, Inc.

Last Renter's Agent

Varteni Kambourian

Beverly and Company, Inc. Brokerage Phone: 818-233-5415 License #01908992 Listed on: 11/08/2024

Beverly and Company, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,059

Year Built

  • Built in 1987

Lot Details

  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Tandem Garage
  • Parking Lot

Property Views

  • Woods
  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Living Room Balcony
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • Mirrored Closets Doors
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Colfax Elementary School

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $4,000
  • 24-Month Minimum Lease Term
  • Available 12/1/24
  • Tax Lot 1
  • Tax Tract Number 29545
  • Assessor Parcel Number 2354003044

Community Details

Overview

  • Property has a Home Owners Association
  • $8,000 HOA Transfer Fee
  • 5 Units

Recreation

  • Park
  • Bike Trail

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,059

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Available Date: 2024-12-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4000
  • Furnished: Unfurnished
  • Total Move In Costs: 8000.00
  • Transfer Fees: 8000.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 2354003044
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1600.00 Square Feet
  • Interior Amenities: Living Room Balcony
  • Stories: 2
  • Entry Location: Main Street
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Dining Room, In Kitchen, Separated
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.56
  • Room Type: Kitchen, Primary Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Granite Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen, Stone Counters
  • Basement: Unfinished

Exterior Features

  • View: Mountain(s), Neighborhood, Trees/Woods
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Parking Space, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Street Lights

Schools

  • School District: Los Angeles Unified
  • Elementary School: Colfax
  • Elementary School: Colfax
  • Elementary School #2: COLFAX

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 24 Months, Negotiable
  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Census Tract: 1252.00
  • Tax Lot: 1
  • Tax Tract Number: 29545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2018
Sold by
Verdy Olga
Bought by
Ovc Trust
Current Estimated Value
$791,304

Purchase Details

Listed on
Aug 14, 2014
Closed on
Aug 22, 2014
Sold by
Shilton Gilbert
Bought by
Verdy Olga
Seller's Agent
Michael Okun
Sotheby's International Realty
Buyer's Agent
Tony Gafafyan
Keller Williams Realty-Los Feliz
List Price
$499,000
Sold Price
$485,000
Premium/Discount to List
-$14,000
-2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$388,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2006
Sold by
Shilton Shallyn
Bought by
Shilton Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
7.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 20, 2006
Sold by
Zwanenburg Leendert Simone
Bought by
Buscher Gabriele Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
7.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 6, 2006
Sold by
Buscher Gabriele Diane
Bought by
Shilton Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
7.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 9, 2002
Sold by
Buscher Gabriele Diane and Buscher Morgan Gabriele Diane
Bought by
Buscher Gabriele Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.17%

Purchase Details

Closed on
Nov 16, 2001
Sold by
Morgan James David
Bought by
Buscher Morgan Gabriele Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.17%
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
Ovc Trust -- None Available
Verdy Olga $485,000 Lawyers Title
Shilton Gilbert -- First Southwestern Title
Buscher Gabriele Diane -- First Southwestern Title
Shilton Gilbert $540,000 First Southwestern Title
Buscher Gabriele Diane -- Old Republic Title Company
Buscher Morgan Gabriele Diane -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verdy Olga $328,000
Previous Owner Verdy Olga $388,000
Previous Owner Shilton Gilbert $405,000
Previous Owner Buscher Gabriele Diane $183,000
Previous Owner Buscher Morgan Gabriele Diane $175,000
Previous Owner Morgan James David $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Rented $4,100 +2.5% --
12/13/2024 12/13/24 Price Changed $4,000 -11.1% $3 / Sq Ft
11/08/2024 11/08/24 For Rent $4,500 +40.6% --
11/02/2018 11/02/18 Rented $3,200 -8.5% --
11/02/2018 11/02/18 Under Contract -- -- --
09/24/2018 09/24/18 For Rent $3,499 0.0% --
09/24/2014 09/24/14 Sold $485,000 -2.8% $311 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $499,000 -- $320 / 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 $7,059 $582,886 $384,945 $197,941
2024 $7,059 $571,458 $377,398 $194,060
2023 $6,923 $560,254 $369,999 $190,255
2022 $6,599 $549,270 $362,745 $186,525
2021 $6,514 $538,501 $355,633 $182,868
2020 $6,579 $532,980 $351,987 $180,993
2019 $6,318 $522,531 $345,086 $177,445
2018 $6,285 $512,286 $338,320 $173,966
2016 $5,999 $492,395 $325,184 $167,211
2015 $5,912 $485,000 $320,300 $164,700
2014 $5,492 $446,200 $333,400 $112,800
Source: Public Records

Agents Affiliated with this Home

  • V

    Landlord's Agent in 2025

    Varteni Kambourian

    Beverly and Company, Inc.

    (818) 233-5415

    4 in this area

    19 Total Sales

    Section Image
  • Tony Gafafyan

    Seller's Agent in 2018

    Tony Gafafyan

    Keller Williams Realty-Los Feliz

    (818) 370-9292

    6 Total Sales

    Section Image
  • Michael Fiscina

    Buyer's Agent in 2018

    Michael Fiscina

    Realty Group International of America Incorporated

    (213) 309-9400

    3 Total Sales

    Section Image

  • M

    Seller's Agent in 2014

    Michael Okun

    Sotheby's International Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24227386

California Regional Multiple Listing Service (CRMLS)

APN: 2354-003-044

California Los Angeles County North Hollywood 91601 Valley Village

5015 Westpark Dr Unit 203, North Hollywood, CA

This home is located at 5015 Westpark Dr Unit 203, North Hollywood, CA 91601 since 08 November 2024 and is currently priced at $814,903. This property was built in 1987. 5015 Westpark Dr Unit 203 is a home located in Los Angeles County with nearby schools including Walter Reed Middle, North Hollywood Senior High School, and Colfax Charter Elementary 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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