$875,000
SOLD OCT 31, 2022
2 Beds
1 Bath
1,122 Sq Ft
3,446 Sq Ft Lot

Recently Sold

$780 Per Sq Ft

12% Below List Price

38 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom
  • Bonus Room
  • Panoramic View
  • Wood Flooring
  • Living Room with Attached Deck

About This Home

As of March 2025

Calling all developers, investors and renovators! Bring your contractor to this special opportunity in the heart of Los Feliz Oaks. Redevelop completely or renovate and expand this charming home just mere moments from the Bronson Canyon entrance to Griffith Park, where you can enjoy playgrounds and multiple trails that meander to the Hollywood Sign and Griffith Observatory. 5818 Tuxedo Terrace grants two stories brimming with contemporary chic vibes and tranquil canyon views. The light and bright main floor boasts a living room with large windows, a fireplace, vaulted ceilings and wrap-around wooden patio access. The kitchen offers original details including a farmhouse sink. A dining room and carport with a laundry area complete the entry level. Downstairs, the lower level contains two bedrooms, an additional fireplace, a bathroom, as well as a bonus room. The primary bedroom with wood beamed ceilings opens to a romantic wooden deck for private views and outdoor access. The back and side yards contain ample space to develop or expand. This is the perfect, tranquil retreat you've been waiting for close to shops, restaurants and just moments to the pulse of the city. Any numerical statements regarding square footage, room dimensions and/or lot size are approximations only and have not been verified by Seller or Broker. Buyer is advised to be cautious while walking the property/lot and will need to independently verify the accuracy of all information through personal inspection with the appropriate professionals to satisfy themselves.

Last Listed By

Joe Deperine

Christie's International R.E. Southern California License #01758057 Listed on: 09/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,719

Year Built

  • Built in 1924

Lot Details

  • 3,446 Sq Ft Lot
  • Irregular Lot
  • Lot Sloped Down
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Driveway

Property Views

  • Panoramic
  • Views of a landmark
  • Canyon
  • Hills
  • Neighborhood

Home Design

  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,122 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Fireplace
  • Wood Frame Window
  • Sliding Doors
  • Great Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Bonus Room
  • Storage
  • Unfinished Basement

Kitchen

  • Built-In Range
  • Range Hood
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered patio or porch

Schools

  • Ivanhoe Elementary School
  • Le Conte Middle School
  • Hollywood High School

Utilities

  • Floor Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 4366
  • Assessor Parcel Number 5580025012

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,719

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5580025012
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1122.00 Square Feet
  • Interior Amenities: Beamed Ceilings, High Ceilings, Living Room Deck Attached, Recessed Lighting, Stone Counters, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Fireplace Features: Master Bedroom, Gas, Wood Burning, Great Room
  • Levels: Two
  • Price Per Square Foot: 779.86
  • Room Type: All Bedrooms Down, Bonus Room, Great Room, Kitchen, Walk-In Closet
  • Window Features: Wood Frames
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Stone Counters
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • View: Canyon, Hills, Landmark, Neighborhood, Panoramic
  • Patio And Porch Features: Covered, Deck, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Gas Range, Range Hood, Refrigerator, Vented Exhaust Fan
  • Heating Type: Floor Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Park, Mountainous

Schools

  • School District: Los Angeles Unified
  • Elementary School: Ivanhoe
  • Middle School: Le Conte
  • High School: Hollywood
  • Elementary School: Ivanhoe
  • High School: Hollywood
  • Middle Or Junior School: Le Conte
  • Elementary School #2: IVANHO
  • High School2: HOLLYW

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Sloped Down, Irregular Lot
  • Lot Size Sq Ft: 3446.00
  • Lot Size Acres: 0.0791

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3446.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1893.00
  • Tax Lot: 18
  • Tax Tract Number: 4366

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Letissier Heloise Adelaide
Bought by
Phillips Peter and Gardner Michael
Total Days on Market
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 3, 2022
Sold by
Dick And Wm Jeanette Petrie Family Trust
Bought by
Wilson Chad and Duke Carrie L
Seller's Agent
Joe Deperine
Christie's International R.E. Southern California
List Price
$995,000
Sold Price
$875,000
Premium/Discount to List
-$120,000
-12.06%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.40%

Purchase Details

Closed on
Feb 6, 2015
Sold by
Petrie Dick Alexander and Petrie Wm Jeanette
Bought by
Dick & Wm Jeanette Petrie Family Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,475,000 Lawyers Title
Grant Deed $875,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,180,000 New Conventional
Previous Owner $938,250 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $150,000 Negative Amortization
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $1,475,000 -1.3% $1,057 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $1,495,000 0.0% $1,071 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $1,495,000 0.0% $1,071 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $1,495,000 -2.6% $1,071 / Sq Ft
07/26/2023 07/26/23 Sold $1,535,000 0.0% $1,100 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $1,535,000 0.0% $1,100 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
04/20/2023 04/20/23 For Sale $1,535,000 +75.4% $1,100 / Sq Ft
10/31/2022 10/31/22 Sold $875,000 0.0% $780 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/24/2022 10/24/22 Off Market $875,000 -- --
10/14/2022 10/14/22 Price Changed $925,000 -7.0% $824 / Sq Ft
09/15/2022 09/15/22 For Sale $995,000 -- $887 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,719 $1,535,000 $1,200,000 $335,000
2023 $10,798 $875,000 $740,000 $135,000
2022 $1,220 $84,036 $58,188 $25,848
2021 $1,199 $82,390 $57,048 $25,342
2019 $1,099 $79,949 $55,357 $24,592
2018 $1,080 $78,382 $54,272 $24,110
2016 $985 $75,340 $52,165 $23,175
2015 $971 $74,209 $51,382 $22,827
2014 $982 $72,756 $50,376 $22,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22199987

California Regional Multiple Listing Service (CRMLS)

APN: 5580-025-012