NOT LISTED FOR SALE

5111 Romaine St Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $729,528 - $972,000

1 Bed
1 Bath
616 Sq Ft
$1,331/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $626,500 $1,017 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,729/month

112 Days on Market

Highlights

  • Art Studio
  • Wood Flooring
  • Converted Garage
  • STEM Academy at Bernstein High Rated A-
  • No HOA
  • Views

About This Home

As of March 2020

Great first time buyer or investor opportunity! 649K for a home with a converted garage in Hollywood! Located at the end of a cul de sac on a residential street in the heart of Hollywood, this surprisingly spacious and sunny charmer offers wide open living, renovated kitchen with stone counters, newer cabinets and stainless steel appl., formal dining area, fresh bright white bath w/subway tile detail, character living room with hardwood floors and decorative fireplace--a wonderful layout! Bohemian outdoor entertaining space offers the perfect bbq opportunity! Bonus finished garage w/renovated ½ bath boasts tons of creative possibilities--office? Yoga studio? Short Term Rental? This charming little number is just waiting for its new suitor! Parking for 2 vehicles in gated driveway. So close to Los Feliz, Silver Lake, Hollywood Walk of Fame, Hollywood/Vine and best dining/nightlife and entertainment that Hollywood has to offer! Welcome home!

Last Agent to Sell the Property

Julia Vorontsova

ACME Real Estate License #02055924 Listed on: 10/28/2019

Co-Listed By

Courtney Poulos

ACME Real Estate License #01882678

Last Buyer's Agent

Bryce Cano

Compass License #02085650

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 1,850 Sq Ft Lot
  • Property is zoned LAR3

Home Design

  • Bungalow

Interior Spaces

  • 616 Sq Ft Home
  • Decorative Fireplace
  • Living Room
  • Dining Area
  • Art Studio
  • Wood Flooring
  • Alarm System
  • Property Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Converted Garage
  • Auto Driveway Gate
  • Driveway

Outdoor Features

  • Open Patio

Utilities

  • Heat Pump System
  • Water Purifier

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5537-020-030

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: Great first time buyer or investor opportunity! 649K for a home with a converted garage in Hollywood! Located at the end of a cul de sac on a residential street in the heart of Hollywood, this surprisingly spacious and sunny charmer offers wide open living, renovated kitchen with stone counters, newer cabinets and stainless steel appl., formal dining area, fresh bright white bath w/subway tile detail, character living room with hardwood floors and decorative fireplace--a wonderful layout! Bohemian outdoor entertaining space offers the perfect bbq opportunity! Bonus finished garage w/renovated ½ bath boasts tons of creative possibilities--office? Yoga studio? Short Term Rental? This charming little number is just waiting for its new suitor! Parking for 2 vehicles in gated driveway. So close to Los Feliz, Silver Lake, Hollywood Walk of Fame, Hollywood/Vine and best dining/nightlife and entertainment that Hollywood has to offer! Welcome home!
  • Living Area: 616
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Outside
  • Total Bathrooms: 1.00
  • Equipment: Alarm System, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Water Filter
  • Price Per S Q F T: 1053.57

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Converted Garage, Driveway, Driveway Gate, Garage - 2 Car

Utilities

  • Cooling: Heat Pump(s)
  • Heating: Heat Pump

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5537-020-030
  • Geocode Override: No
  • Lot Size Area: 1850

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Feb 20, 2020
Sold by
Cody Lee
Bought by
Passmore Seasun
Seller's Agent
Julia Vorontsova
ACME Real Estate
Buyer's Agent
Bryce Cano
Compass
List Price
$649,000
Sold Price
$626,500
Premium/Discount to List
-$22,500
-3.47%
Current Estimated Value
$819,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,382
Avg. Annual Appreciation
4.78%
Original Mortgage
$626,500
Outstanding Balance
$554,722
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$265,160

Purchase Details

Listed on
Mar 12, 2018
Closed on
May 3, 2018
Sold by
Bernson David Alan
Bought by
Cody Lee
Seller's Agent
Tadeh Minassian
Signature Fine Estates, Inc.
Buyer's Agent
Julia Vorontsova
ACME Real Estate
List Price
$674,900
Sold Price
$595,000
Premium/Discount to List
-$79,900
-11.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$505,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2015
Sold by
Bernson David Alan
Bought by
Bernson David Alan and David Alan Bernson Revocable Trust

Purchase Details

Closed on
Mar 17, 2009
Sold by
Wells Fargo Bank Na
Bought by
Bernson David Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 3, 2009
Sold by
Bilazukyan Harutyun
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 16, 2008
Sold by
Hakobyan Vardan
Bought by
Bilazukyan Harutyun

Purchase Details

Closed on
Jan 15, 2008
Sold by
Bilazukyan Harutyun
Bought by
Hakobyan Vardan

Purchase Details

Closed on
Aug 2, 2007
Sold by
Antikyan Aris
Bought by
Bilazukyan Harutyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2006
Sold by
Chouchanian Meri
Bought by
Antikyan Aris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 3, 2006
Sold by
Hekimyan Arsen and Gyozaoyan Zanazan
Bought by
Antikyan Aris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 13, 2004
Sold by
Ekimyan Aleksan
Bought by
Hekimyan Arsen

Purchase Details

Closed on
Apr 5, 2004
Sold by
Hekimian George
Bought by
Gyozalyan Zanazan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Passmore Seasun $626,500 Chicago Title
Cody Lee $595,000 Lawyers Title
Bernson David Alan -- None Available
Bernson David Alan $179,000 First American Title Company
Wells Fargo Bank Na $204,500 Accommodation
Bilazukyan Harutyun -- Accommodation
Hakobyan Vardan -- None Available
Bilazukyan Harutyun $470,000 Stewart Title
Antikyan Aris -- Commonwealth Land Title Co
Antikyan Aris $480,000 Commonwealth Land Title Co
Hekimyan Arsen -- --
Gyozalyan Zanazan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Passmore Seasun $626,500
Previous Owner Cody Lee $505,750
Previous Owner Bernson David Alan $161,000
Previous Owner Bilazukyan Harutyun $376,000
Previous Owner Antikyan Aris $72,000
Previous Owner Antikyan Aris $384,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/06/2020 03/06/20 Sold $626,500 -3.5% $1,017 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $649,000 0.0% $1,054 / Sq Ft
01/17/2020 01/17/20 Pending -- -- --
10/28/2019 10/28/19 For Sale $649,000 +9.1% $1,054 / Sq Ft
05/30/2018 05/30/18 Sold $595,000 0.0% $966 / Sq Ft View Prior Sale
04/30/2018 04/30/18 Pending -- -- --
04/04/2018 04/04/18 Price Changed $595,000 -8.2% $966 / Sq Ft
03/27/2018 03/27/18 Price Changed $648,000 -4.0% $1,052 / Sq Ft
03/12/2018 03/12/18 For Sale $674,900 -- $1,096 / 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 $5,144 $685,164 $546,820 $138,344
2024 $5,144 $671,731 $536,099 $135,632
2023 $5,141 $658,561 $525,588 $132,973
2022 $7,660 $645,649 $515,283 $130,366
2021 $5,835 $632,990 $505,180 $127,810
2020 $7,557 $619,037 $495,230 $123,807
2019 $7,255 $606,900 $485,520 $121,380
2018 $2,426 $202,578 $172,024 $30,554
2016 $2,311 $194,713 $165,345 $29,368
2015 $2,276 $191,789 $162,862 $28,927
2014 $2,289 $188,033 $159,672 $28,361
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Julia Vorontsova

    ACME Real Estate

    Section Image
  • Courtney Poulos

    Seller Co-Listing Agent in 2020

    Courtney Poulos

    ACME Real Estate

    (323) 919-0375

    1 in this area

    214 Total Sales

    Courtney Poulos
    Section Image
  • Bryce Cano

    Buyer's Agent in 2020

    Bryce Cano

    Compass

    (949) 438-4340

    28 Total Sales

    Bryce Cano
    Section Image
  • Tadeh Minassian

    Seller's Agent in 2018

    Tadeh Minassian

    Signature Fine Estates, Inc.

    (818) 468-9488

    4 Total Sales

    Tadeh Minassian
    Section Image
  • Angela Gollan

    Seller Co-Listing Agent in 2018

    Angela Gollan

    Compass

    (310) 344-6970

    30 Total Sales

    Angela Gollan
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-524728

The MLS

APN: 5537-020-030

California Los Angeles County Los Angeles 90029 East Hollywood

5111 Romaine St, Los Angeles, CA

Not Listed for Sale

Detached

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