NOT LISTED FOR SALE

525 N Laurel Ave Los Angeles, CA 90048

Beverly Grove Neighborhood

Estimated Value: $2,087,594 - $2,614,000

3 Beds
2 Baths
2,008 Sq Ft
$1,151/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $1,830,000 $911 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $14,214/month

37 Days on Market

Highlights

  • Detached Guest House
  • Wood Flooring
  • No HOA
  • Views of Trees
  • Spanish Architecture
  • Formal Dining Room

About This Home

As of November 2020

Bring your imagination to take this property to the next level or build your dream home. Escape the hustle of LA in this 3bd/2ba + Studio, gated Spanish Bungalow nestled in the heart of Beverly Grove. With 6,530 sqft of lushly landscaped grounds, you'll feel the tranquility of being in your own oasis, while still just moments from all the shops & restaurants Melrose and Fairfax have to offer. Through the rustic Spanish wooden front door, you're greeted with a flood of natural light showcasing the charm of dark wood floors, arched walkways, high ceilings, a showpiece fireplace w/ mantle, and remodeled kitchen & bathrooms. Upgrades include stone countertops, S/S appliances, tile floors, security cameras, and 2-zone central heating/air. The spacious master features a large walk-in closet, and en-suite with double sinks & spa tub. Outside you'll find a quaint backyard, 2 car garage with laundry, and a permitted studio space, perfect for working from home.

Last Agent to Sell the Property

Lisa Kirshner Elkin

Christie's International Real Estate SoCal License #01159728 Listed on: 09/14/2020

Christie's International Real Estate SoCal

Co-Listed By

Kristen Partipilo

Compass License #01966024

Last Buyer's Agent

Daniel Stevenson

The Agency License #01981172

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,555

Year Built

  • Built in 1924

Lot Details

  • 6,530 Sq Ft Lot
  • Lot Dimensions are 50x131
  • Gated Home
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,008 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Formal Dining Room
  • Views of Trees
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway
  • Automatic Gate

Additional Homes

  • Detached Guest House

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5528-008-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,555

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2008
  • Lot Acreage: 0.1499
  • Lot Dimensions: 50x131
  • Year Built: 1924
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Formal Dining Rm
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Range/Oven, Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 908.86

Exterior Features

  • Other Structures: Accessory Dwelling Unit, GuestHouse
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Auto Driveway Gate, Driveway, Garage Is Detached, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5528-008-046
  • Lot Size Area: 6530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Oct 29, 2020
Sold by
Deknight Steven S and The Steven S Deknight Living T
Bought by
Stevenson Daniel R
Seller's Agent
Lisa Kirshner Elkin
Christie's International Real Estate SoCal
Buyer's Agent
Daniel Stevenson
The Agency
List Price
$1,825,000
Sold Price
$1,830,000
Premium/Discount to List
$5,000
0.27%
Current Estimated Value
$2,310,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,649
Avg. Annual Appreciation
4.91%
Original Mortgage
$1,830,000
Outstanding Balance
$1,619,501
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$691,148

Purchase Details

Closed on
May 13, 2008
Sold by
Deknight Steven
Bought by
Deknight Steven S and Steven S Deknight Living Trust

Purchase Details

Closed on
Sep 23, 2005
Sold by
Deknight Steven
Bought by
Deknight Steven S and Steven S Deknight Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,081,875
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2005
Sold by
Babaie David N
Bought by
Deknight Steven

Purchase Details

Closed on
Jun 7, 2004
Sold by
Hong Richard and Hong Susan
Bought by
Babaie David N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2000
Sold by
George Amanda J
Bought by
Hong Richard and Hong Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
8.08%

Purchase Details

Closed on
Jan 6, 1998
Sold by
Bryan Sidney S
Bought by
George Amanda Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,965
Interest Rate
7.13%
Source: Public Records

Range of Values:

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Average Value
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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
Stevenson Daniel R $1,830,000 Chicago Title Company
Deknight Steven S -- None Available
Deknight Steven S -- First American Title Co
Deknight Steven $1,442,500 First American Title Co
Babaie David N -- Chicago Title Insurance Co
Hong Richard $610,000 Fidelity Title
George Amanda Jane $329,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Daniel R $1,830,000
Previous Owner Deknight Steven S $1,081,875
Previous Owner Babaie David N $812,000
Previous Owner Hong Richard $488,000
Previous Owner George Amanda Jane $295,965
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2020 11/20/20 Sold $1,830,000 +0.3% $911 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
09/14/2020 09/14/20 For Sale $1,825,000 -- $909 / 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 $23,555 $1,980,850 $1,082,432 $898,418
2024 $23,555 $1,942,010 $1,061,208 $880,802
2023 $23,096 $1,903,932 $1,040,400 $863,532
2022 $22,017 $1,866,600 $1,020,000 $846,600
2021 $21,749 $1,830,000 $1,000,000 $830,000
2020 $21,870 $1,802,494 $1,249,475 $553,019
2019 $20,991 $1,767,152 $1,224,976 $542,176
2018 $20,893 $1,732,503 $1,200,957 $531,546
2016 $14,178 $1,175,000 $814,500 $360,500
2015 $11,498 $950,000 $658,500 $291,500
2014 $11,798 $950,000 $658,500 $291,500
Source: Public Records

Agents Affiliated with this Home

  • Lisa Kirshner Elkin

    Seller's Agent in 2020

    Lisa Kirshner Elkin

    Christie's International Real Estate SoCal

    (424) 249-7162

    1 in this area

    94 Total Sales

    Lisa Kirshner Elkin
    Section Image
  • Kristen Partipilo

    Seller Co-Listing Agent in 2020

    Kristen Partipilo

    Compass

    (310) 955-7358

    1 in this area

    43 Total Sales

    Kristen Partipilo
    Section Image
  • Daniel Stevenson

    Buyer's Agent in 2020

    Daniel Stevenson

    The Agency

    (646) 884-2928

    2 in this area

    55 Total Sales

    Daniel Stevenson
    Section Image
  • Paul Lester

    Buyer Co-Listing Agent in 2020

    Paul Lester

    The Agency

    (646) 884-2928

    3 in this area

    56 Total Sales

    Paul Lester
    Section Image
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Map

Source: The MLS

MLS Number: 20-632154

The MLS

APN: 5528-008-046

California Los Angeles County Los Angeles 90048 Beverly Grove

525 N Laurel Ave, Los Angeles, CA

This home is located at 525 N Laurel Ave, Los Angeles, CA 90048 since 14 September 2020 and is currently estimated at $2,310,649, approximately $1,150 per square foot. This property was built in 1924. 525 N Laurel Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Larchmont Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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