NOT LISTED FOR SALE

5118 Melrose Ave Los Angeles, CA 90038

Larchmont Neighborhood

Estimated Value: $1,126,000 - $1,370,000

2 Beds
2.5 Baths
1,520 Sq Ft
871 Sq Ft Lot

Last Sold January 12, 2018

Last sale price $899,000 $591 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $7,673/month

Highlights

  • Gated Parking
  • Modern Architecture
  • Central Heating and Cooling System
  • City Lights View
  • Den
  • Family Room

About This Home

As of September 2019

Amazing views! Modern and elegant 2 bedroom 2 baths unit with a den. Enjoy the sweeping view of Los Angeles from the cozy rooftop deck. Townhome style feel and layout with en-suite bathrooms in both bedrooms, large entertainment area and gourmet kitchen with top-of-the-line appliances. Spacious garage with lots of storage & direct entry, as well as street parking in front. Walking distance to Paramount Studios, Larchmont Village, and great restaurants & bars just minutes away.

Last Agent to Rent the Property

Neyshia Go

Sotheby's International Realty License #01933923 Listed on: 08/19/2019

Sotheby's International Realty

Last Renter's Agent

Justin Jacobson

Keller Williams Beverly Hills License #01341166

Keller Williams Beverly Hills

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,208

Year Built

  • Built in 2014

Lot Details

  • 871

Property Views

  • City Lights
  • Hills

Home Design

  • Modern Architecture

Interior Spaces

  • 1,520 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Dining Area
  • Den

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $9,000
  • Negotiable Lease Term
  • Assessor Parcel Number 5522-008-051

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,208

Year Built

Built in 2014

Lot Details

0

Rental Info

  • Security Deposit: 9000

Listing Details

  • Property Type: Residential Lease
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 1520
  • Stories: 3
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Washer
  • Price Per S Q F T: 2.96

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Gated Parking
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5522-008-051
  • Geocode Override: No
  • Lot Size Area: 1001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2017
Closed on
Jan 7, 2018
Sold by
Mason Afsaneh and Mason Anthony
Bought by
Uzzan Bruno and Uzzan Barbara
Seller's Agent
Emmanuel Xuereb
Compass
Buyer's Agent
Emmanuel Xuereb
Compass
List Price
$899,000
Sold Price
$899,000
Current Estimated Value
$1,265,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,432
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
Aug 28, 2015
Sold by
Mason Nicolette
Bought by
The Mason Family Trust

Purchase Details

Closed on
Feb 20, 2015
Sold by
Mason Anthony
Bought by
Mason Afsaneh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2015
Sold by
Lennar Homes Of California Inc
Bought by
Mason Nicolette and Mason Afsaneh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2014
Sold by
Lennar Homes Of California Inc
Bought by
5112 Melrose Owners Association
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
Uzzan Bruno $899,000 Fidelity Sherman Oaks
The Mason Family Trust -- None Available
Mason Afsaneh -- North American Title Co Inc
Mason Nicolette $738,000 North American Title Co
5112 Melrose Owners Association -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mason Nicolette $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2019 09/26/19 Rented $4,500 0.0% --
09/16/2019 09/16/19 Under Contract -- -- --
08/19/2019 08/19/19 For Rent $4,500 0.0% --
03/11/2018 03/11/18 Rented $4,500 0.0% --
02/27/2018 02/27/18 For Rent $4,500 0.0% --
01/12/2018 01/12/18 Sold $899,000 0.0% $591 / Sq Ft View Prior Sale
12/31/2017 12/31/17 Pending -- -- --
12/26/2017 12/26/17 Off Market $899,000 -- --
11/22/2017 11/22/17 For Sale $899,000 -- $591 / 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 $12,208 $1,022,902 $841,991 $180,911
2024 $12,208 $1,002,846 $825,482 $177,364
2023 $11,973 $983,184 $809,297 $173,887
2022 $11,414 $963,907 $793,429 $170,478
2021 $11,271 $945,008 $777,872 $167,136
2019 $10,931 $916,980 $754,800 $162,180
2018 $9,465 $779,522 $543,976 $235,546
2016 $9,041 $749,253 $522,853 $226,400
2015 $6,540 $539,385 $270,785 $268,600
Source: Public Records

Agents Affiliated with this Home

  • Neyshia Go

    Landlord's Agent in 2019

    Neyshia Go

    Sotheby's International Realty

    (310) 882-8357

    110 Total Sales

    Neyshia Go
    Section Image
  • Justin Jacobson

    Tenant's Agent in 2019

    Justin Jacobson

    Keller Williams Beverly Hills

    (310) 892-2673

    13 Total Sales

    Justin Jacobson
    Section Image
  • Emmanuel Xuereb

    Seller's Agent in 2018

    Emmanuel Xuereb

    Compass

    (323) 559-9000

    50 Total Sales

    Emmanuel Xuereb
    Section Image
  • Salvator Xuereb

    Seller Co-Listing Agent in 2018

    Salvator Xuereb

    Compass

    (323) 447-0385

    50 Total Sales

    Salvator Xuereb
    Section Image

  • S

    Buyer's Agent in 2018

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 19-498948

The MLS

APN: 5522-008-051

California Los Angeles County Los Angeles 90004 Larchmont

5118 Melrose Ave, Los Angeles, CA

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