NOT LISTED FOR SALE

509 N Las Palmas Ave Los Angeles, CA 90004

Hancock Park Neighborhood

Estimated Value: $3,525,761 - $4,095,000

3 Beds
2.5 Baths
2,914 Sq Ft
$1,313/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $2,659,000 $912 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $23,136/month

16 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • 2 Car Attached Garage
  • Third Street Elementary School Rated A
  • No HOA
  • Built-In Features

About This Home

As of March 2018

TRULY, this home is a real jewel--"diamond in the rough!" Character Spanish untouched, original Hancock Park home. One bedroom and bath, plus powder room downstairs. Two bedrooms and two baths upstairs. 3 bedrooms + 3.5 baths. Glorious old-world character abounds. Details will enthrall your clients. Elaborate wood carved ceiling in living room; detailed ceiling in dining room. Both have french doors leading to an interior courtyard with fountain. Fireplace in living room and fireplace in den. Huge rear yard has multiple potential uses, including pool or entertainment area. Use your vision to create your perfect home. Property being sold strictly "AS -IS." Feel free to bring contractor before offers are reviewed. Property located in HPOZ.

Last Agent to Sell the Property

Andrew Woodward

Keller Williams Larchmont License #00811870 Listed on: 01/30/2018

Keller Williams Larchmont

Co-Listed By

Mary C. Woodward

Keller Williams Larchmont License #01128275

Last Buyer's Agent

Eli Karon

Douglas Elliman License #01732369

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,119

Year Built

  • Built in 1928

Lot Details

  • 8,711 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,914 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Library with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Open Patio

Utilities

  • Window Unit Cooling System
  • Gravity Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5524-024-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,119

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2914
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Library, Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins
  • Price Per S Q F T: 736.10

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Gravity

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5524-024-011
  • Geocode Override: No
  • Lot Description: Yard
  • Lot Size Area: 8711

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2018
Closed on
Mar 14, 2018
Sold by
Willen Susan K
Bought by
Sher Jonathan and The Tiny Trust
Seller's Agent
Andrew Woodward
Keller Williams Larchmont
Buyer's Agent
Eli Karon
Douglas Elliman
List Price
$2,145,000
Sold Price
$2,659,000
Premium/Discount to List
$514,000
23.96%
Current Estimated Value
$3,826,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,167,190
Avg. Annual Appreciation
4.91%

Purchase Details

Closed on
Jan 24, 2018
Sold by
Kendig Robert E
Bought by
Willen Susan K and Kending Robert E

Purchase Details

Closed on
Dec 18, 2014
Sold by
Mcleod Margaret D K
Bought by
Willen Susan K and Kending Robert E

Purchase Details

Closed on
Jun 19, 2013
Sold by
Mcleod Margaret D K
Bought by
Kendig Robert E and Mcleod Childrens 2008 Trust

Purchase Details

Closed on
Dec 14, 2012
Sold by
Mcleod Margaret D
Bought by
Mcleod Margaret D K and Mcleod 2012 Qualified Personal Residence

Purchase Details

Closed on
Jun 9, 2008
Sold by
Mcleod Margaret D K
Bought by
Mcleod Margaret D K and Mcleod Qualified Personal Residence Tr
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
Sher Jonathan $2,659,000 Fidelity National Title Comp
Willen Susan K -- None Available
Willen Susan K -- None Available
Kendig Robert E -- None Available
Mcleod Margaret D K -- None Available
Mcleod Margaret D K -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2018 03/28/18 Sold $2,659,000 +24.0% $912 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
01/30/2018 01/30/18 For Sale $2,145,000 -- $736 / 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
2025 $36,119 $3,025,482 $2,420,388 $605,094
2024 $36,119 $2,966,160 $2,372,930 $593,230
2023 $35,417 $2,908,001 $2,326,402 $581,599
2022 $33,765 $2,850,983 $2,280,787 $570,196
2021 $33,359 $2,795,082 $2,236,066 $559,016
2019 $32,356 $2,712,180 $2,169,744 $542,436
2018 $2,383 $163,286 $75,609 $87,677
2016 $2,257 $156,947 $72,674 $84,273
2015 $2,229 $154,591 $71,583 $83,008
2014 $2,248 $151,563 $70,181 $81,382
Source: Public Records

Agents Affiliated with this Home

  • Andrew Woodward

    Seller's Agent in 2018

    Andrew Woodward

    Keller Williams Larchmont

    (323) 697-5808

    8 in this area

    22 Total Sales

    Andrew Woodward
    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Mary C. Woodward

    Keller Williams Larchmont

    (323) 422-0888

    8 in this area

    17 Total Sales

    Mary C. Woodward
    Section Image
  • Eli Karon

    Buyer's Agent in 2018

    Eli Karon

    Douglas Elliman

    (310) 701-4779

    2 in this area

    153 Total Sales

    Eli Karon
    Section Image
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Map

Source: The MLS

MLS Number: 18-307616

The MLS

APN: 5524-024-011

California Los Angeles County Los Angeles 90004 Hancock Park

509 N Las Palmas Ave, Los Angeles, CA

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