NOT LISTED FOR SALE

Estimated Value: $1,117,000 - $1,256,000

2 Beds
3 Baths
1,520 Sq Ft
$796/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $1,025,000 $674 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,779/month

6 Days on Market

Highlights

  • City Lights View
  • Home Office
  • Walk-In Closet
  • Great Room
  • 2 Car Attached Garage
  • Living Room

About This Home

As of April 2023

A bright modern architectural home with a private rooftop and NO shared walls! This tri-level home located in a gated well-maintained community along the edge of Hancock Park, just blocks from Paramount Studios. The 5112 Melrose Community provides an airy open layout and a glorious rooftop deck with cinematic vistas. The sun-soaked great room is finished with tile flooring; the gourmet kitchen is outfitted with an oversized center island, pendant lighting, and stainless appliances. Hardwood floors throughout all stairs and the bedrooms level, the master suite features a large walk-in closet and bathroom with double vanity. bedrooms are en-suite, with wood flooring; The ground-level den is perfectly designed for your home office or gym. Step on the rooftop finds your private haven for entertaining with a mesmerizing, straight-on view of the iconic Hollywood Sign. Majestic palm trees stand guard outside and there is a convenient dog run, plus a 2-car direct-entry garage. LOW HOA fee covers Community entry gate & grounds maintenance, dog park. The location is everything here, under a mile to Larchmont Blvd and only 2 miles to Koreatown.

Last Agent to Sell the Property

sally Feng

1000 Realty Corporation License #01901997 Listed on: 03/09/2023

Last Buyer's Agent

Diego Munizaga

Douglas Elliman License #02137872

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,719

Year Built

  • Built in 2014

Lot Details

  • 1,001 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAC2

HOA Fees

  • $178 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Hills

Interior Spaces

  • 1,520 Sq Ft Home
  • Entryway
  • Great Room
  • Living Room
  • Home Office

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 71871
  • Assessor Parcel Number 5522008048

Community Details

Overview

  • 5112 Melrose Association, Phone Number (949) 450-0202
  • Action HOA

Amenities

  • Community Barbecue Grill

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,719

Year Built

Built in 2014

Lot Details

0

HOA Fees

$178 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5522008048
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1520.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 674.34
  • Room Type: All Bedrooms Up, Entry, Great Room, Living Room, Master Bathroom, Master Bedroom, Office, Walk-In Closet

Exterior Features

  • View: City Lights, Hills
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Dog Park
  • Association Fee: 178.00
  • Association Fee Frequency: Monthly
  • Association Name: 5112 Melrose
  • Phone: 949-450-0202
  • Senior Community: No
  • Community Features: Dog Park
  • Association Management: Action

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1001.00
  • Lot Size Acres: 0.0230

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1001.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1924.20
  • Tax Lot: 3
  • Tax Tract Number: 71871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Mar 28, 2023
Sold by
Chen Zuming
Bought by
Reynolds Daniel and Frazier Randolph
Seller's Agent
sally Feng
1000 Realty Corporation
Buyer's Agent
Diego Munizaga
Douglas Elliman
List Price
$999,999
Sold Price
$1,025,000
Premium/Discount to List
$25,001
2.5%
Views
24
Current Estimated Value
$1,209,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,976
Avg. Annual Appreciation
5.92%
Original Mortgage
$973,750
Outstanding Balance
$947,932
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$228,216

Purchase Details

Listed on
Sep 14, 2018
Closed on
Sep 26, 2018
Sold by
Cardwell Cori L and Connell Cori L
Bought by
Chen Zuming
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Sally Feng
1000 Realty Corporation
List Price
$925,000
Sold Price
$925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.31%

Purchase Details

Closed on
Feb 3, 2015
Sold by
Lennar Homes Of California Inc
Bought by
Connell Cori L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,630
Interest Rate
3.66%
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
Reynolds Daniel $1,025,000 Western Resources Title
Chen Zuming $925,000 Provident Title
Cardwell Cori L -- Provident Title
Connell Cori L $741,000 North American Title Company
5112 Melrose Owners Association -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Daniel $973,750
Previous Owner Connell Cori L $592,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $1,025,000 +2.5% $674 / Sq Ft
03/16/2023 03/16/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $999,999 0.0% $658 / Sq Ft
05/01/2021 05/01/21 Rented $3,800 -3.8% --
01/14/2021 01/14/21 For Rent $3,950 0.0% --
01/12/2021 01/12/21 Off Market $3,950 -- --
11/18/2020 11/18/20 For Rent $3,950 +1.3% --
02/27/2019 02/27/19 Rented $3,900 -6.0% --
02/13/2019 02/13/19 Price Changed $4,150 -7.8% $3 / Sq Ft
01/28/2019 01/28/19 Price Changed $4,500 -4.3% $3 / Sq Ft
01/04/2019 01/04/19 Price Changed $4,700 -1.5% $3 / Sq Ft
01/04/2019 01/04/19 For Rent $4,770 0.0% --
12/17/2018 12/17/18 Off Market $4,770 -- --
11/29/2018 11/29/18 For Rent $4,770 0.0% --
10/16/2018 10/16/18 Sold $925,000 0.0% $609 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $925,000 -- $609 / 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 $12,719 $1,066,409 $227,951 $838,458
2024 $12,719 $1,045,500 $223,482 $822,018
2023 $12,076 $991,784 $643,320 $348,464
2022 $11,512 $972,338 $630,706 $341,632
2021 $11,368 $953,274 $618,340 $334,934
2019 $11,025 $925,000 $600,000 $325,000
2018 $9,503 $782,690 $543,976 $238,714
2016 $9,077 $752,299 $522,853 $229,446
2015 $6,507 $536,594 $267,994 $268,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23036619

California Regional Multiple Listing Service (CRMLS)

APN: 5522-008-048