NOT LISTED FOR SALE

Estimated Value: $690,243 - $1,735,000

2 Beds
3 Baths
2,560 Sq Ft
0.29 Acres

Last Sold December 16, 2015

Last sale price $1,150,000 $449 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,004/month

3 Days on Market

Highlights

  • Concierge
  • 2-minute walk to Hollywood/Vine Station
  • Penthouse
  • 24-Hour Security
  • Unit is on the top floor
  • Rooftop Deck

About This Home

As of December 2015

Hollywood and Vine - three words that conjure every image of Hollywood history and glamour. No other intersection on earth can so easily fire the imagination. This is a rare opportunity to own a unique two story penthouse loft space in a true Hollywood landmark building. Originally two separate units, now combined. The scale offers almost unlimited flexibility to execute the perfect design to meet your needs. Iconic Hollywood landmarks that include the Hollywood sign and the Capitol Records building provide inspiration and some pretty spectacular views at any time of day. Located across the street from the W Hotel and steps away from restaurants and theaters there is no shortage of entertainment and dining options. Currently used as a "live - work" space and recording studio the present configuration includes a soundproof studio and isolation booth. Building features include a fully staffed 24 hour concierge desk, security elevator access and a rooftop patio.

Last Agent to Sell the Property

Tina Stern

Sotheby's International Realty License #01495944 Listed on: 11/06/2015

Sotheby's International Realty

Last Buyer's Agent

Nima Tehrany

Compass License #01305628

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,051

Year Built

  • Built in 1929

Lot Details

  • 0.29

Home Design

  • Penthouse

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Concrete Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom

Parking

  • 2 Parking Spaces
  • Gated Parking

Additional Features

  • Unit is on the top floor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5546-030-097

Community Details

Overview

  • 60 Units
  • High-Rise Condominium

Amenities

  • Concierge
  • Valet Parking
  • Rooftop Deck
  • Community Fire Pit
  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,051

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Top Level, Two
  • Street Number Display: Yes
  • Advertising Remarks: Hollywood and Vine - three words that conjure every image of Hollywood history and glamour. No other intersection on earth can so easily fire the imagination. This is a rare opportunity to own a unique two story penthouse loft space in a true Hollywood landmark building. Originally two separate units, now combined. The scale offers almost unlimited flexibility to execute the perfect design to meet your needs. Iconic Hollywood landmarks that include the Hollywood sign and the Capitol Records building provide inspiration and some pretty spectacular views at any time of day. Located across the street from the W Hotel and steps away from restaurants and theaters there is no shortage of entertainment and dining options. Currently used as a "live - work" space and recording studio the present configuration includes a soundproof studio and isolation booth. Building features include a fully staffed 24 hour concierge desk, security elevator access and a rooftop patio. Unit includes two parking spaces in the adjacent parking lot with 24 hour valet service.
  • Complex Name: Lofts at Hollywood and Vine
  • Entry Floor: 11
  • Living Area: 2560
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 11
  • Year Built: 1929
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Flooring: Cement
  • Bedrooms: 2
  • Full Bathroom: 0
  • Half Bathroom: 2
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 468.75

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Valet
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Concierge, Controlled Access, Elevator, Fire Pit, Gated Parking, Valet Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • High Rise: 24-Hour Concierge, Entrance Lobby, Rooftop Sky Deck, Valet Parking
  • HOA Fees: 1524.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5546-030-097
  • Geocode Override: No
  • Lot Size Area: 12600

Multi Family

  • Number Of Units: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2017
Sold by
Tehrany Nima M
Bought by
Little Ken and Duffy Pamela
Current Estimated Value
$1,063,561

Purchase Details

Closed on
Aug 23, 2016
Sold by
Tehrany Nima
Bought by
Tehrany Nima and Tehrany Gabriella

Purchase Details

Listed on
Nov 6, 2015
Closed on
Dec 4, 2015
Sold by
Tehrany Gabriella M
Bought by
Tehrany Nima M
Seller's Agent
Tina Stern
Sotheby's International Realty
Buyer's Agent
Nima Tehrany
Compass
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.35%
Original Mortgage
$805,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 6, 2015
Closed on
Nov 13, 2015
Sold by
Stewart David A
Bought by
Tehrany Arya and Tehrany Nima
Seller's Agent
Tina Stern
Sotheby's International Realty
Buyer's Agent
Nima Tehrany
Compass
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$805,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2010
Sold by
Stewart David A
Bought by
Stewart David A and Stewart Anoushka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,750
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Vinewood Llc
Bought by
Stewart David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,750
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2010
Sold by
Stewart Anoushka
Bought by
Stewart David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,750
Interest Rate
5.04%
Mortgage Type
New Conventional
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
Little Ken $1,795,000 Chicago Title Company
Tehrany Nima -- First American Title
Tehrany Nima -- First American Title
Tehrany Nima -- First American Title
Tehrany Nima M -- Fidelity Sherman Oaks
Tehrany Arya M -- Fidelity National Title Co
Tehrany Kianoosh M -- Fidelity Sherman Oaks
Tehrany Arya $1,150,000 Fidelity Sherman Oaks
Stewart David A -- None Available
Stewart David A $529,000 Fidelity National Title Co
Stewart David A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tehrany Kianoosh M $805,000
Previous Owner Tehrany Arya $805,000
Previous Owner Stewart David A $396,750
Previous Owner Stewart David A $396,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2015 12/16/15 Sold $1,150,000 -4.2% $449 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
11/06/2015 11/06/15 For Sale $1,200,000 -- $469 / 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 $3,051 $233,000 $46,600 $186,400
2024 $3,051 $233,000 $46,600 $186,400
2023 $3,049 $233,000 $46,600 $186,400
2022 $2,966 $233,000 $46,600 $186,400
2021 $2,973 $233,000 $46,600 $186,400
2019 $3,144 $329,000 $65,800 $263,200
2018 $4,165 $329,000 $65,800 $263,200
2017 $7,906 $642,600 $510,000 $132,600
2016 $7,731 $630,000 $500,000 $130,000
2015 $6,994 $568,158 $245,950 $322,208
2014 $7,021 $557,030 $241,133 $315,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-955775

The MLS

APN: 5546-030-097