Seller's Agent in 2021
Zachary Krasman
Compass
(626) 205-4040
2 in this area
102 Total Sales
5121 Ledge Ave Unit 1 North Hollywood, CA 91601
Toluca Lake NeighborhoodEstimated Value: $737,000 - $941,000
3
Beds
2
Baths
1,286
Sq Ft
$200/mo
HOA Fee
Highlights
- Ground Level Unit
- Breakfast Area or Nook
- Front Porch
- Courtyard Views
- Plantation Shutters
- 1 Car Attached Garage
About This Home
As of December 2021Situated in the highly-desirable Toluca Lake neighborhood of Los Angeles, this 3-bed/2-bath renovated condo is located on a quiet residential street inside a well-maintained 4-unit community. This large single-story corner unit is on the ground floor and boasts beautiful natural light, newly-upgraded kitchen with Frigidaire appliances and gas range, wide-plank flooring, LED lighting, marble fireplace, plantation shutters throughout, built-ins, wood-beam ceilings, and large bedrooms. The modern kitchen and dining flow into the living room with private outdoor patio space in front allowing for easy entertainment and relaxation. The three spacious bedrooms are beyond the dining area, and the primary bedroom features an ensuite bathroom and large closet. Included is an attached single-car garage as well as driveway space for additional cars, laundry facility with potential to install in-unit, privacy gate, and hedging. Area amenities include NoHo Arts District, Universal Studios and City Walk, Warner Bros, Disney, local shopping, restaurants, and nightlife, and all the charm of Toluca Lake. Building is well-maintained with very low HOA dues. Tree-lined street and wide sidewalks welcome you home every day!
Last Buyer's Agent
Dan Tursi
Redfin Corporation License #01449959
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,165
Year Built
- Built in 1964 | Remodeled
Lot Details
- South Facing Home
- Gated Home
HOA Fees
- $200 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Driveway
Home Design
- Entry on the 1st floor
- Wood Siding
- Stucco
Interior Spaces
- 1,286 Sq Ft Home
- 2-Story Property
- Built-In Features
- Gas Fireplace
- Plantation Shutters
- Living Room with Fireplace
- Courtyard Views
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Open Patio
- Front Porch
Location
- Ground Level Unit
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2419-024-026
Community Details
Overview
- 4 Units
- Low-Rise Condominium
Amenities
- Laundry Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2021
Closed on
Dec 8, 2021
Sold by
Merrill Marcee S and The Marlene T Merrill 1992 Tru
Bought by
Tovar Michael and Levin Brian
Seller's Agent
Zachary Krasman
Compass
Buyer's Agent
Dan Tursi
Redfin Corporation
List Price
$700,000
Sold Price
$720,000
Premium/Discount to List
$20,000
2.86%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,811
Avg. Annual Appreciation
2.53%
Original Mortgage
$576,000
Outstanding Balance
$531,050
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$258,832
Purchase Details
Closed on
May 17, 2021
Sold by
Merrill Marlene T and Merrill Marcee S
Bought by
Juzwiak Peter and Derose Don
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tovar Michael | $720,000 | Fidelity Sherman Oaks | |
| Juzwiak Peter | $680,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tovar Michael | $576,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/28/2021 12/28/21 | Sold | $720,000 | +2.9% | $560 / Sq Ft |
| 12/03/2021 12/03/21 | Pending | -- | -- | -- |
| 12/01/2021 12/01/21 | For Sale | $700,000 | -- | $544 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $9,165 | $764,069 | $307,750 | $456,319 |
| 2024 | $9,165 | $749,088 | $301,716 | $447,372 |
| 2023 | $8,986 | $734,400 | $295,800 | $438,600 |
| 2022 | $8,564 | $720,000 | $290,000 | $430,000 |
| 2021 | $2,178 | $171,508 | $87,921 | $83,587 |
| 2020 | $2,197 | $169,750 | $87,020 | $82,730 |
| 2019 | $2,114 | $166,422 | $85,314 | $81,108 |
| 2018 | $2,085 | $163,160 | $83,642 | $79,518 |
| 2016 | $1,979 | $156,826 | $80,395 | $76,431 |
| 2015 | $1,951 | $154,471 | $79,188 | $75,283 |
| 2014 | $1,965 | $151,446 | $77,637 | $73,809 |
Source: Public Records
Agents Affiliated with this Home
-
Zachary Krasman
-
Dan Tursi
D
Buyer's Agent in 2021
Dan Tursi
Redfin Corporation
Map
Source: The MLS
MLS Number: 21-108983
APN: 2419-024-026
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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