$1,210,000
SOLD APR 24, 2025
2 Beds
1 Bath
1,168 Sq Ft
6,225 Sq Ft Lot

Recently Sold

$1,036 Per Sq Ft

19% Below List Price

165 Days on Market

Highlights

  • Art Studio
  • No HOA
  • No Heating
  • Wood Flooring
  • Neighborhood Views
  • 1-Story Property

About This Home

As of April 2025

ATTENTION: DEVELOPERS, BUILDERS, ARCHITECTS and INVESTORS!! This is the chance you’ve been waiting for! Located in the heart of Hollywood and ZONED LARD 1.5, this property offers endless potential for redevelopment. Currently featuring a single-family home, the lot presents the perfect canvas for adding multiple dwellings or creating a high-yield investment project.Take advantage of the FLEXIBLE ZONING to subdivide the lot and maximize income potential! Surrounded by new developments on the same block, this is a rare opportunity to acquire a property with significant upside in one of the most sought-after areas of the city. Don’t let this unique opportunity pass you by—expand your portfolio and capitalize on the future of Hollywood!

Last Agent to Sell the Property

Racquel Wilder

Pinnacle Estate Properties, Inc. Brokerage Phone: 661-655-8843 License #02136109 Listed on: 10/04/2024

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Idan Yohanan

Compass License #02090794

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,236

Year Built

  • Built in 1911

Lot Details

  • 6,225 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARD1.5

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Art Studio
  • Wood Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Utilities

  • No Heating
  • No Utilities

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 2
  • Assessor Parcel Number 5534005010
  • $262 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,236

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5534005010
  • Year Built: 1911
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1168.00 Square Feet
  • Stories: 1
  • Entry Location: first floor
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1035.96
  • Room Type: Art Studio

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Utilities: None
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Call Listing Office

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6225.00
  • Lot Size Acres: 0.1429

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6225.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1908.01
  • Tax Lot: 14
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 262.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Mar 27, 2025
Sold by
Khorsandi Soghrat and Loyodin Mahboubeh
Bought by
60 Banner Llc
Seller's Agent
Racquel Wilder
Pinnacle Estate Properties, Inc.
Buyer's Agent
Idan Yohanan
Compass
List Price
$1,495,000
Sold Price
$1,210,000
Premium/Discount to List
-$285,000
-19.06%
Views
15
Current Estimated Value
$1,236,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,117
Avg. Annual Appreciation
6.90%

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 7, 2022
Sold by
Mirtorabi Trust
Bought by
Khorsandi Soghrat and Loyodin Mahboubeh
Seller's Agent
P. Nathan Bahmanyar
Think Space Real Estate, Inc.
Buyer's Agent
P. Nathan Bahmanyar
Think Space Real Estate, Inc.
List Price
$1,499,000
Sold Price
$1,200,000
Premium/Discount to List
-$299,000
-19.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%
Original Mortgage
$960,000
Interest Rate
3.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2017
Closed on
Mar 13, 2017
Sold by
Savage Judith M
Bought by
Mirtorabi Javad John and Mirtorabi Giti
Seller's Agent
Cathy Stevens
REAL VALUE PROPERTIES
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$750,000
Sold Price
$957,000
Premium/Discount to List
$207,000
27.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.86%

Purchase Details

Closed on
May 27, 2014
Sold by
Savage Judith M
Bought by
Savage Judith M and The 1995 Judith M Savage Revocable Trust

Purchase Details

Closed on
Apr 27, 1998
Sold by
Savage Judith M 1995 Revocable Trust
Bought by
Savage Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.06%

Purchase Details

Closed on
Apr 24, 1998
Sold by
Kal Philip A
Bought by
Savage Judith M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.06%

Purchase Details

Closed on
Jun 30, 1995
Sold by
Savage Judith M
Bought by
The 1995 Judith M Savage Revocable Trust
Source: Public Records

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Range of Values:

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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 $1,210,000 Fidelity National Title
Grant Deed $1,200,000 Fidelity National Title
Grant Deed $954,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- United Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $960,000 New Conventional
Previous Owner $104,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 Sold $1,210,000 -19.1% $1,036 / Sq Ft
04/12/2025 04/12/25 For Sale $1,495,000 0.0% $1,280 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $1,495,000 0.0% $1,280 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $1,495,000 0.0% $1,280 / Sq Ft
01/31/2025 01/31/25 For Sale $1,495,000 +23.6% $1,280 / Sq Ft
10/10/2024 10/10/24 Off Market $1,210,000 -- --
10/10/2024 10/10/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $1,300,000 +8.3% $1,113 / Sq Ft
01/14/2022 01/14/22 Sold $1,200,000 -14.3% $1,027 / Sq Ft
12/09/2021 12/09/21 Price Changed $1,400,000 -6.6% $1,199 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,499,000 0.0% $1,283 / Sq Ft
03/26/2019 03/26/19 Rented $3,000 0.0% --
01/30/2019 01/30/19 Price Changed $3,000 -14.3% $3 / Sq Ft
01/17/2019 01/17/19 For Rent $3,500 +40.0% --
10/25/2017 10/25/17 Rented $2,500 -16.7% --
10/19/2017 10/19/17 Under Contract -- -- --
09/01/2017 09/01/17 Price Changed $3,000 -16.7% $3 / Sq Ft
08/13/2017 08/13/17 Price Changed $3,600 -10.0% $3 / Sq Ft
07/12/2017 07/12/17 For Rent $4,000 0.0% --
04/10/2017 04/10/17 Sold $957,000 +27.6% $819 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $750,000 -- $642 / 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
2025 $15,236 $1,273,448 $1,018,759 $254,689
2024 $15,236 $1,248,480 $998,784 $249,696
2023 $14,943 $1,224,000 $979,200 $244,800
2022 $12,422 $1,043,335 $834,669 $208,666
2021 $12,271 $1,022,878 $818,303 $204,575
2019 $11,903 $992,541 $794,033 $198,508
2018 $11,843 $973,080 $778,464 $194,616
2016 $1,233 $87,774 $68,677 $19,097
2015 $1,217 $86,457 $67,646 $18,811
2014 $1,233 $84,764 $66,321 $18,443
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24204809

California Regional Multiple Listing Service (CRMLS)

APN: 5534-005-010