NOT LISTED FOR SALE

55 Fremont Place Los Angeles, CA 90005

Miracle Mile Neighborhood

Estimated Value: $5,999,000 - $8,804,000

7 Beds
8 Baths
10,567 Sq Ft
$690/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $8,500,000 $804 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $44,598/month

51 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Living Room with Fireplace
  • 24-Hour Security
  • 1.58 Acre Lot
  • 5 Car Attached Garage

About This Home

As of July 2024

Exceptional luxury and historic provenance come together in this 1915 Hancock Park estate once owned by Muhammad Ali. The property has an aesthetic gravitas worthy of its former owner, featuring a Tiffany stained glass panel and the original French Empire crystal chandeliers and fireplaces. Wood paneling, marble and hardwood floors, and large bay windows give the interior a timeless beauty. Built by John C. Austin, known for Griffith Observatory and City Hall, the estate has hosted such luminaries as Sylvester Stallone, Clint Eastwood, and President Obama. Continue the tradition of grand entertaining. Greet guests in the impressive foyer and hold court in the formal dining and living rooms. Imbibe amongst the art-filled gallery walls in the third-floor ballroom at the fully-equipped bar, before retiring to the semi-circular solarium. The grounds, occupying a desirable corner lot, are enclosed by privacy hedges, offering a lush lawn, beautiful landscaping, a swimming pool, and a terrace.

Last Agent to Sell the Property

Stefani Stolper

The Beverly Hills Estates License #01957452 Listed on: 04/17/2024

The Beverly Hills Estates

Co-Listed By

June Ahn

Coldwell Banker Realty License #01188513

Last Buyer's Agent

Anna A-Kyung Lee

Team Spirit Realty License #01320329

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,757

Year Built

  • Built in 1915

Lot Details

  • 1.58 Acre Lot
  • Lot Dimensions are 268x232
  • Property is zoned LARE20

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 5 Car Attached Garage

Interior Spaces

  • 10,567 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 8 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Additional Homes

  • Detached Guest House

Community Details

  • 24-Hour Security

Listing and Financial Details

  • Assessor Parcel Number 5090-018-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,757

Year Built

Built in 1915

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Unknown
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 10567
  • Lot Acreage: 1.5780
  • Lot Dimensions: 268x232
  • Stories: 3
  • Year Built: 1915
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: Auction

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 7
  • Full Bathroom: 8
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 8.00
  • Den: 0
  • Price Per S Q F T: 1230.25

Exterior Features

  • Other Structures: GuestHouse
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 5

Utilities

  • Security: 24 Hour, Community, Guarded

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 400.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5090-018-001
  • Lot Size Area: 68736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jul 16, 2024
Sold by
Kim Jigeon Matt
Bought by
55 Fremont Pl Llc
Seller's Agent
Stefani Stolper
The Beverly Hills Estates
Buyer's Agent
Anna A-Kyung Lee
Team Spirit Realty
List Price
$13,500,000
Sold Price
$8,500,000
Premium/Discount to List
-$5,000,000
-37.04%
Views
90
Current Estimated Value
$7,291,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,208,719
Avg. Annual Appreciation
-14.22%
Original Mortgage
$5,100,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2024
Closed on
Jul 11, 2024
Sold by
Lawson Michael A
Bought by
Kim Jigeon Matt
Seller's Agent
Stefani Stolper
The Beverly Hills Estates
Buyer's Agent
Anna A-Kyung Lee
Team Spirit Realty
List Price
$13,500,000
Sold Price
$8,500,000
Premium/Discount to List
-$5,000,000
-37.04%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,100,000
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2022
Sold by
Lawson Michael A and Lawson Mattie M
Bought by
Lawson Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,450,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2001
Sold by
Lee Joe Uk and Lee June Jungja
Bought by
Lawson Michael A and Mcfadden Lawson Mattie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,950
Interest Rate
6.98%

Purchase Details

Closed on
May 28, 1997
Sold by
Chun Phillip M and Chun Sun M
Bought by
Lee Joe Uk and Lee June Jungja

Purchase Details

Closed on
Jun 16, 1995
Sold by
Chun Phillip M and Chun Sun Myung
Bought by
Chun Phillip M and Chun Sun M
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
55 Fremont Pl Llc -- --
Kim Jigeon Matt $8,500,000 Chicago Title
Kim Jigeon Matt -- Chicago Title
Lawson Michael A -- Chicago Title
Lawson Michael A $2,500,000 Equity Title Company
Lee Joe Uk $1,300,000 Equity Title
Chun Phillip M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Jigeon Matt $5,100,000
Previous Owner Lawson Michael A $8,450,000
Previous Owner Lawson Michael A $7,500,000
Previous Owner Lawson Michael A $6,050,000
Previous Owner Lawson Michael A $1,000,000
Previous Owner Lawson Michael A $4,403,100
Previous Owner Lawson Michael A $4,353,700
Previous Owner Lawson Michael A $2,486,000
Previous Owner Lawson Michael A $400,000
Previous Owner Lawson Michael A $1,000,000
Previous Owner Lawson Michael A $500,000
Previous Owner Lawson Michael A $1,000,000
Previous Owner Lawson Michael A $1,430,000
Previous Owner Lawson Michael A $1,499,950
Previous Owner Lee Joe Uk $100,000
Previous Owner Lee Joe Uk $1,400,000
Previous Owner Lee Joe Uk $150,000
Previous Owner Lee Joe Uk $1,185,000
Previous Owner Lee Joe Uk $25,000
Previous Owner Lee Joe Uk $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $8,500,000 -34.6% $804 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
06/07/2024 06/07/24 Price Changed $13,000,000 +62.5% $1,230 / Sq Ft
05/01/2024 05/01/24 Price Changed $8,000,000 -40.7% $757 / Sq Ft
04/17/2024 04/17/24 For Sale $13,500,000 -- $1,278 / 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
2024 $45,757 $3,693,253 $2,215,955 $1,477,298
2023 $44,882 $3,620,837 $2,172,505 $1,448,332
2022 $42,821 $3,549,841 $2,129,907 $1,419,934
2021 $42,264 $3,480,238 $2,088,145 $1,392,093
2019 $41,005 $3,377,013 $2,026,210 $1,350,803
2018 $40,349 $3,310,798 $1,986,481 $1,324,317
2016 $38,520 $3,182,238 $1,909,345 $1,272,893
2015 $37,955 $3,134,438 $1,880,665 $1,253,773
2014 $38,086 $3,073,040 $1,843,826 $1,229,214
Source: Public Records

Agents Affiliated with this Home

  • Stefani Stolper

    Seller's Agent in 2024

    Stefani Stolper

    The Beverly Hills Estates

    (310) 733-6551

    2 in this area

    41 Total Sales

    Stefani Stolper
    Section Image
  • June Ahn

    Seller Co-Listing Agent in 2024

    June Ahn

    Coldwell Banker Realty

    (323) 855-5558

    10 in this area

    19 Total Sales

    June Ahn
    Section Image
  • Anna A-Kyung Lee

    Buyer's Agent in 2024

    Anna A-Kyung Lee

    Team Spirit Realty

    (619) 587-1343

    1 in this area

    46 Total Sales

    Anna A-Kyung Lee
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-381357

The MLS

APN: 5090-018-001

California Los Angeles County Los Angeles 90005 Miracle Mile

55 Fremont Place, Los Angeles, CA

This home is located at 55 Fremont Place, Los Angeles, CA 90005 since 17 April 2024 and is currently estimated at $7,291,281, approximately $690 per square foot. This property was built in 1915. 55 Fremont Place is a home located in Los Angeles County with nearby schools including Queen Anne Place Elementary, John Burroughs Middle School, and Los Angeles Senior High 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.
Information is deemed reliable but not guaranteed.

Nearby Homes