NOT LISTED FOR SALE

5130 Melrose Ave Los Angeles, CA 90038

Larchmont Neighborhood

Estimated Value: $1,220,000 - $1,607,000

3 Beds
3.5 Baths
1,834 Sq Ft
$772/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $1,140,000 $622 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,677/month

Highlights

  • Rooftop Deck
  • City Lights View
  • Wood Flooring
  • Gated Community
  • Contemporary Architecture
  • End Unit

About This Home

As of April 2024

Panoramic Views of the Hollywood Sign, Griffith Observatory as well as the Downtown Skyline all from your private rooftop lounge! The deck is approx 550 sq ft. Perfect for entertaining! Welcome to 5112 Melrose! A contemporary architectural single-family detached home w/ a ton of natural light nestled in a private & secured gated community. Centrally located blocks from Paramount Studios, Larchmont, trendy restaurants, shops, and attractions. Premium CORNER LOT! Once inside you will be greeted with a 3BED/3.5 BATHS multi-level residence, ground-level office/bedroom, and abundant open floor plan for gatherings. Designer-appointed finishes Statomi thermofoil cabinets, ice snow Caesarstone counters, energy-efficient windows, and tankless water heater.

Last Agent to Rent the Property

Nicole Tomsey

Ashby & Graff License #01403088 Listed on: 01/10/2024

Ashby & Graff

Last Renter's Agent

Eileen Lanza

Keller Williams Larchmont License #01393915

Keller Williams Larchmont

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,769

Year Built

  • Built in 2014

Lot Details

  • 3,112 Sq Ft Lot
  • End Unit
  • Gated Home
  • Property is zoned LAC2

Property Views

  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,834 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Living Room

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Garage
  • Guest Parking

Outdoor Features

  • Rooftop Deck
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,100
  • Tenant pays for cable TV, electricity, gas, trash collection, water, hot water
  • 12 Month Lease Term
  • Assessor Parcel Number 5522-008-054

Community Details

Overview

  • Maintained Community

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,769

Year Built

Built in 2014

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Security Deposit: 5100
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection, Water, Hot Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Panoramic Views of the Hollywood Sign, Griffith Observatory as well as the Downtown Skyline all from your own private rooftop lounge! The deck is approx 550 sq ft. Perfect for entertaining! Welcome to 5112 Melrose! A contemporary architectural single-family detached home w/ a ton of natural light nestled in a private & secured gated community. Centrally located blocks from Paramount Studios, Larchmont, trendy restaurants, shops, and attractions. Premium CORNER LOT! Once inside you will be greeted with a 3BED/3.5 BATHS multi-level residence, ground-level office/bedroom, and abundant open floor plan for gatherings. Designer-appointed finishes Statomi thermofoil cabinets, ice snow Caesarstone counters, energy-efficient windows, and tankless water heater.
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Lease Terms: 1+Year
  • Living Area: 1834
  • Lot Acreage: 0.0715
  • Stories: 3
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Stone, Mixed, Carpet
  • Appliances: Gas, Oven, Range, Range Hood, Microwave
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar
  • Kitchen Features: Island
  • Laundry: Laundry Area, Room, On Upper Level
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Washer, Refrigerator
  • Price Per S Q F T: 2.73
  • Windows: Window Blinds

Exterior Features

  • Other Features: End Unit
  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City Lights, City, Mountains
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire Sprinklers, Community, Gated, Card/Code Access, Fire and Smoke Detection System, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Gated Community, Guest Parking
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5522-008-054
  • Lot Size Area: 3112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2014
Closed on
Nov 24, 2014
Sold by
Lin Yun Cheng
Bought by
Huang Yuan Chun
Seller's Agent
Jonathan Newman
Jonathan Newman, Broker
Buyer's Agent
YUNCHENG LIN
EC REALTY AND LOANS
List Price
$855,990
Sold Price
$855,990
Current Estimated Value
$1,415,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,557
Avg. Annual Appreciation
4.71%
Original Mortgage
$625,500
Outstanding Balance
$476,339
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$939,208

Purchase Details

Listed on
Oct 8, 2014
Closed on
Nov 16, 2014
Sold by
Lennar Homes Of California Inc
Bought by
Huang Yuan Chun
Seller's Agent
Jonathan Newman
Jonathan Newman, Broker
Buyer's Agent
YUNCHENG LIN
EC REALTY AND LOANS
List Price
$855,990
Sold Price
$855,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Outstanding Balance
$476,339
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$939,208

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
Huang Yuan Chun -- North American Title Co Inc
Huang Yuan Chun $856,000 North American Title Company
5112 Melrose Owners Association -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Yuan Chun $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Rented $5,000 0.0% --
03/11/2024 03/11/24 Under Contract -- -- --
02/24/2024 02/24/24 Price Changed $5,000 -2.0% $3 / Sq Ft
01/10/2024 01/10/24 For Rent $5,100 +3.0% --
07/25/2022 07/25/22 Rented $4,950 -1.0% --
07/19/2022 07/19/22 For Rent $5,000 +2.0% --
06/14/2021 06/14/21 Rented $4,900 0.0% --
05/19/2021 05/19/21 For Rent $4,900 0.0% --
05/11/2021 05/11/21 Sold $1,140,000 -4.9% $622 / Sq Ft View Prior Sale
04/01/2021 04/01/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $1,199,000 +5.2% $654 / Sq Ft
03/11/2021 03/11/21 Off Market $1,140,000 -- --
02/20/2021 02/20/21 For Sale $1,199,000 +40.1% $654 / Sq Ft
11/26/2014 11/26/14 Sold $855,990 0.0% $467 / Sq Ft View Prior Sale
10/19/2014 10/19/14 Pending -- -- --
10/08/2014 10/08/14 For Sale $855,990 -- $467 / 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 $14,769 $1,233,970 $757,701 $476,269
2024 $14,769 $1,209,776 $742,845 $466,931
2023 $14,485 $1,186,056 $728,280 $457,776
2022 $13,811 $1,162,800 $714,000 $448,800
2021 $11,411 $950,432 $550,718 $399,714
2020 $11,529 $940,688 $545,072 $395,616
2019 $11,069 $922,244 $534,385 $387,859
2018 $10,988 $904,161 $523,907 $380,254
2016 $10,479 $869,054 $503,564 $365,490
2015 $10,325 $856,000 $496,000 $360,000
Source: Public Records

Agents Affiliated with this Home

  • Nicole Tomsey

    Landlord's Agent in 2024

    Nicole Tomsey

    Ashby & Graff

    (310) 497-0039

    10 Total Sales

    Nicole Tomsey
    Section Image
  • Eileen Lanza

    Tenant's Agent in 2024

    Eileen Lanza

    Keller Williams Larchmont

    (323) 810-7935

    4 in this area

    24 Total Sales

    Eileen Lanza
    Section Image

  • S

    Buyer's Agent in 2022

    Shafic Budron

    Keller Williams Larchmont

  • S

    Buyer's Agent in 2022

    Shafic M. Budron Ph.D.

    Keller Williams Larchmont

    Section Image

  • P

    Seller's Agent in 2021

    PEI SUNG

    eXp Realty of Greater L.A. Inc

    (626) 289-6660

    1 in this area

    70 Total Sales

    PEI SUNG
    Section Image

  • M

    Buyer's Agent in 2021

    MARC DUCKWORTH

    ONE WEST REALTY INC

    Section Image
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Map

Source: The MLS

MLS Number: 24-346221

The MLS

APN: 5522-008-054

California Los Angeles County Los Angeles 90004 Larchmont

5130 Melrose Ave, Los Angeles, CA

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