NOT LISTED FOR SALE
0.37 Acre
-- Price per Acre
16,000 Sq Ft Lot

Last Sold January 10, 2014

Last sale price $3,600,000

355 Days on Market

Highlights

  • City Lights View
  • 16,000 Sq Ft lot
  • 2-minute walk to Hollywood/Western Station

About This Lot

As of January 2014

- Unique opportunity to purchase permitted land on the famed Hollywood Boulevard (permits in process).- Elevations designed by award winning Kanner Architects- Awaiting final plan check approval- Positioned on the same block as the Hollywood/Western Metro station - great potential for future area growth and foot traffic.- Common Open space on the roof with views of the Hollywood sign.- Apartment units stacked, designed, and engineered to be efficient and cost effective for future maintenance.- Located in a Community Redevelopment Area (CRA) and within the Vermont/Western Specific plan - with possible density bonuses up to 35% and partial government funding (buyer to do own investigation).

Last Agent to Sell the Property

Laurie Lustig-Bower

Laurie J. Lustig License #00979360 Listed on: 12/28/2011

Last Buyer's Agent

Laurie Lustig-Bower

Laurie J. Lustig License #00979360 Listed on: 12/28/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,727

Lot Details

  • 0.37

Additional Features

  • City Lights Views
  • 0.37 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 5544-021-029

Property Details

Property Type

Land

Est. Annual Taxes

$9,727

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights
  • View: Yes

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Assessor Parcel Number: 5544-021-029
  • Lot Size Area: 16000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2011
Closed on
Nov 21, 2013
Sold by
Hollywood Serrano Llc
Bought by
5400 Hollywood Family Apartments Lp
Seller's Agent
Laurie Lustig-Bower
Laurie J. Lustig
Buyer's Agent
Laurie Lustig-Bower
Laurie J. Lustig
List Price
$3,300,000
Sold Price
$3,600,000
Premium/Discount to List
$300,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,420,000
Interest Rate
4.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2005
Sold by
Todd Barry Bijan and Todd Bronia
Bought by
Hollywood Serrano Llc

Purchase Details

Closed on
Nov 3, 2000
Sold by
Tchakmakjian Michael
Bought by
Todd Barry Bijan

Purchase Details

Closed on
Dec 23, 1999
Sold by
Townsend Cheri
Bought by
Townsend Robert
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
5400 Hollywood Family Apartments Lp $3,600,000 Nat
Hollywood Serrano Llc -- --
Todd Barry Bijan -- Stewart Title
Townsend Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5400 Hollywood Family Apartments Lp $3,420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2014 01/10/14 Sold $3,600,000 +9.1% --
12/17/2012 12/17/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $3,300,000 -- --
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 $9,727 $6,846,987 $4,413,103 $2,433,884
2024 $9,727 $6,712,733 $4,326,572 $2,386,161
2023 $83,026 $6,581,112 $4,241,738 $2,339,374
2022 $9,341 $6,452,071 $4,158,567 $2,293,504
2021 $8,951 $6,325,561 $4,077,027 $2,248,534
2019 $8,877 $6,137,944 $3,956,101 $2,181,843
2018 $75,206 $6,017,593 $3,878,531 $2,139,062
2016 $44,802 $3,727,924 $3,727,924 $0
2015 $47,740 $3,671,928 $3,671,928 $0
2014 $8,322 $651,964 $651,964 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 11-572259

The MLS

APN: 5544-021-029