NOT LISTED FOR SALE

5132 Melrose Ave Los Angeles, CA 90038

Larchmont Neighborhood

Estimated Value: $1,228,000 - $1,616,000

3 Beds
3.5 Baths
1,834 Sq Ft
$767/Sq Ft Est. Value

Last Sold November 03, 2021

Last sale price $1,215,000 $662 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,841/month

9 Days on Market

Highlights

  • Rooftop Deck
  • Panoramic View
  • Wood Flooring
  • Automatic Gate
  • Gated Community
  • Modern Architecture

About This Home

As of November 2021

Modern and elegant 3 bedroom and 3 1/2 bathrooms single family home is located in a private gated community with direct access to your own two car garage. Located near Larchmont in Hancock Park, this beautiful multi-level home has bright and airy open floor plan. The main floor features a living room and a modern chefs kitchen with over sized island. Top of the line finishes including quartz counter tops, contemporary flat-panel cabinetry and gourmet steel appliances. Upstairs expansive master suite includes walk-in-closet and attached master bath with dual sinks and a custom spa-like shower. All 3 bedrooms feature en-suite baths plus a bonus guest bathroom is just off the main level. Drive in to your private 2-car garage, giving you direct access to the entry and downstairs bedroom and bath. Enjoy your huge private roof top deck with views of Hollywood sign, Griffith Observatory and downtown. Convenient location with nearby access to Larchmont Village, Hollywood, K-town and downtown.

Last Agent to Sell the Property

Eray Erdogan

Fathom Realty Group Inc. License #02005992 Listed on: 09/22/2021

Fathom Realty Group Inc.

Last Buyer's Agent

Andrew Jevin

Compass License #01951046

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,449

Year Built

  • Built in 2014 | Remodeled

Lot Details

  • 1,255 Sq Ft Lot
  • Gated Home
  • Property is zoned LAC2

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Property Views

  • Panoramic
  • City Lights
  • Hills

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 1,834 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dressing Area
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Rooftop Deck

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5522-008-055

Community Details

Overview

  • Built by Lennar

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,449

Year Built

Built in 2014 | Remodeled

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Builder Name: Lennar
  • Living Area: 1834
  • Lot Acreage: 0.0288
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Year Built: 2014
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile, Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Inside, Laundry Area
  • Total Bathrooms: 4.00
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Trash Compactor, Vented Exhaust Fan, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 653.76

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Hills, Panoramic
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached, Controlled Entrance, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Community, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated, Smoke Detector

Association/Amenities

  • Amenities: Gated Community, Gated Parking, Guest Parking, Controlled Access
  • Pet Rules: Pets Permitted

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 155.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5522-008-055
  • Lot Size Area: 1255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2018
Closed on
Apr 17, 2018
Sold by
Huan Chien Keng
Bought by
Cuttone Michael and Rose Christopher
Seller's Agent
Max Repoff
Carmody Real Estate, Inc.
Buyer's Agent
Mario Yates
Bennion Deville Homes
List Price
$1,030,000
Sold Price
$1,015,000
Premium/Discount to List
-$15,000
-1.46%
Current Estimated Value
$1,406,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,662
Avg. Annual Appreciation
4.52%
Original Mortgage
$812,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 20, 2014
Sold by
Huang Mary
Bought by
Huang Chien Keng

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
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2014
Sold by
Lennar Homes Of California Inc
Bought by
Huang Chien Keng

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
3.92%
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
Cuttone Michael $1,015,000 Chicago Title Company
Huang Chien Keng -- North American Title Co Inc
Huang Chien Keng $837,000 North American Title Company
5112 Melrose Owners Association -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cuttone Michael $812,000
Previous Owner Huang Chien Keng $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/03/2021 11/03/21 Sold $1,215,000 +1.3% $662 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $1,199,000 +18.1% $654 / Sq Ft
06/08/2018 06/08/18 Sold $1,015,000 -1.5% $576 / Sq Ft View Prior Sale
01/16/2018 01/16/18 For Sale $1,030,000 0.0% $584 / Sq Ft
06/19/2015 06/19/15 Rented $4,000 0.0% --
05/19/2015 05/19/15 Under Contract -- -- --
03/18/2015 03/18/15 For Rent $4,000 -- --
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 $15,449 $1,289,366 $819,676 $469,690
2024 $15,360 $1,264,085 $803,604 $460,481
2023 $15,063 $1,239,300 $787,848 $451,452
2022 $14,358 $1,215,000 $772,400 $442,600
2021 $12,638 $1,066,945 $856,710 $210,235
2019 $12,254 $1,035,300 $831,300 $204,000
2018 $10,732 $884,091 $514,400 $369,691
2016 $10,249 $849,763 $494,426 $355,337
2015 $10,098 $837,000 $487,000 $350,000
Source: Public Records

Agents Affiliated with this Home

  • Eray Erdogan

    Seller's Agent in 2021

    Eray Erdogan

    Fathom Realty Group Inc.

    (310) 600-3254

    3 in this area

    12 Total Sales

    Eray Erdogan
    Section Image
  • Andrew Jevin

    Buyer's Agent in 2021

    Andrew Jevin

    Compass

    (310) 919-6081

    1 in this area

    30 Total Sales

    Andrew Jevin
    Section Image

  • M

    Seller's Agent in 2018

    Max Repoff

    Carmody Real Estate, Inc.

    (310) 740-5090

    2 Total Sales

    Max Repoff
    Section Image

  • M

    Buyer's Agent in 2018

    Mario Yates

    Bennion Deville Homes

    Section Image

  • M

    Seller's Agent in 2015

    Melissa Hayduk

    ACME Real Estate

See All Agents

Map

Source: The MLS

MLS Number: 21-786628

The MLS

APN: 5522-008-055

California Los Angeles County Los Angeles 90004 Larchmont

5132 Melrose Ave, Los Angeles, CA

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