NOT LISTED FOR SALE

6615 Melrose Ave Unit 1 Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $2,301,802

2 Beds
2.5 Baths
2,100 Sq Ft
6,582 Sq Ft Lot

Highlights

  • City Lights View
  • Wood Flooring
  • Open Patio
  • Deck
  • Home Office
  • Studio bedroom

About This Home

As of March 2021

LIVE AND AND WORK FROM HOME THE HEART OF HOLLYWOOD'S MEDIA DISTRICT. There has never been a more perfect time to lease a property like this .Situated on Melrose Ave., surrounded by Hancock Park, Larchmont Village, Fairfax district, This ultra hip expansive, south facing corner unit features an open floor plan with soaring ceilings, abundant natural light, hardwood floors, including a full kitchen with granite counters and stainless steel appliances, 2.5 bathrooms, and a large, private sun deck. There is an automatic, direct-access garage with room for four tandem cars or for use as additional work space. Additional features include dual-zone HVAC, recessed lighting, cinder block walls X walls of dual pane windows for energy efficiency. Easily fits over 20 workstations, the property is perfect for use as a store front, creative office space, production company, entertainment or multimedia company, design or photography studio, or as hip industrial home. Walking distance to studios/entertainment companies and some of L.A.'s best shops and restaurants. Also Owner pays for trash & HOA, Tenant pays for all utilities.

Last Agent to Rent the Property

Patty Lopez

Keller Williams Realty Los Feliz License #01704771 Listed on: 02/12/2021

Keller Williams Realty Los Feliz

Last Renter's Agent

Miguel Pinon Blanco

License #01894706

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,471

Year Built

  • Built in 2005

Lot Details

  • 6,582

Parking

  • 4 Car Garage

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property
  • Home Office
  • Wood Flooring
  • City Lights Views
  • Laundry in Garage

Kitchen

  • Oven
  • Gas and Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom

Outdoor Features

  • Deck
  • Open Patio

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $9,950
  • $29,850 Move-In Fee
  • Tenant pays for gas, electricity
  • Rent includes trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5524-012-058

Community Details

Overview

  • 4 Units

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$23,471

Year Built

Built in 2005

Lot Details

0

Parking

4

Rental Info

  • Credit Report Amount: 37.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Trash Collection
  • Security Deposit: 9950
  • Tenant Pays: Gas, Electricity
  • Total Move In Costs: 29850.00

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Condo/Apt
  • Levels: Three Or More
  • Street Number Display: Yes
  • Advertising Remarks: LIVE AND AND WORK FROM HOME THE HEART OF HOLLYWOOD'S MEDIA DISTRICT. There has never been a more perfect time for a property like this . Situated on Melrose Ave. surrounded by Hancock Park, Larchmont Village, Fairfax district, This ultra hip expansive, south facing corner unit features an open floor plan with soaring ceilings, abundant natural light, hardwood floors, including a full kitchen with granite counters and stainless steel appliances, 2.5 bathrooms, and a large, private sun deck. There is an automatic, direct-access garage with room for four tandem cars or for use as additional work space. Additional features include dual-zone HVAC, recessed lighting, cinder block walls X walls of dual pane windows for energy efficiency. Easily fits over 20 workstations, the property is perfect for use as a store front, creative office space, production company, entertainment or multimedia.
  • Complex Name: n/a
  • Entry Floor: 1
  • Lease Terms: 1+Year
  • Living Area: 2100
  • Lot Acreage: 0.1511
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 2005
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Appliances: Gas/Electric Range, Microwave, Oven
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 4.74

Exterior Features

  • Direction Faces: South
  • Patio: Deck(s)
  • Pool: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly

Lot Info

  • Assessor Parcel Number: 5524-012-058
  • Lot Size Area: 6583

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2010
Sold by
Brady Matthew
Bought by
Madison Rentals West Llc
Current Estimated Value
$2,301,802

Purchase Details

Closed on
Jul 15, 2006
Sold by
Martel Lofts Llc
Bought by
Brady Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Madison Rentals West Llc -- None Available
Brady Matthew $1,425,000 Stewart Title
Lozano David $1,450,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brady Matthew $417,000
Previous Owner Brady Matthew $100,000
Previous Owner Lozano David $1,000,000
Previous Owner Brady Matthew $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Rented $9,950 0.0% --
03/08/2021 03/08/21 Under Contract -- -- --
02/12/2021 02/12/21 For Rent $9,950 -9.5% --
01/23/2020 01/23/20 Rented $11,000 -8.3% --
01/18/2020 01/18/20 Under Contract -- -- --
06/12/2019 06/12/19 For Rent $11,990 +5.6% --
07/17/2018 07/17/18 Rented $11,350 0.0% --
07/10/2018 07/10/18 Under Contract -- -- --
05/31/2018 05/31/18 For Rent $11,350 -- --
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 $23,471 $1,942,681 $1,339,784 $602,897
2024 $23,471 $1,904,590 $1,313,514 $591,076
2023 $22,992 $1,867,246 $1,287,759 $579,487
2022 $21,921 $1,830,634 $1,262,509 $568,125
2021 $21,658 $1,794,740 $1,237,754 $556,986
2019 $21,014 $1,741,509 $1,201,043 $540,466
2018 $20,938 $1,707,363 $1,177,494 $529,869
2017 $1 $1,673,886 $1,154,406 $519,480
2016 $20,055 $1,641,066 $1,131,771 $509,295
2015 $18,376 $1,500,000 $1,100,000 $400,000
2014 $13,910 $1,100,000 $700,000 $400,000
Source: Public Records

Agents Affiliated with this Home

  • Patty Lopez

    Landlord's Agent in 2021

    Patty Lopez

    Keller Williams Realty Los Feliz

    (424) 301-0900

    26 Total Sales

    Patty Lopez
    Section Image

  • M

    Tenant's Agent in 2021

    Miguel Pinon Blanco

  • T

    Buyer Co-Listing Agent in 2021

    Timothy Thompson

  • Tim Thompson

    Seller Co-Listing Agent in 2020

    Tim Thompson

    Berkshire Hathaway HomeServices California Properties

    (818) 968-8908

    9 Total Sales

    Tim Thompson
    Section Image

  • N

    Buyer's Agent in 2020

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,860 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: The MLS

MLS Number: 21-692712

The MLS

APN: 5524-012-058

California Los Angeles County Los Angeles 90036 Hollywood

6615 Melrose Ave Unit 1, Los Angeles, CA

This home is located at 6615 Melrose Ave Unit 1, Los Angeles, CA 90038 since 12 February 2021 and is currently priced at $2,301,802. This property was built in 2005. 6615 Melrose Ave Unit 1 is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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