NOT LISTED FOR SALE

6617 Melrose Ave Unit 1 Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $2,418,948

2 Beds
3 Baths
2,100 Sq Ft
6,534 Sq Ft Lot

Highlights

  • City Lights View
  • Furnished
  • Central Heating and Cooling System
  • Wood Flooring
  • Laundry Room

About This Home

As of December 2019

Furnished Turn-key New-York Style Loft. Recently renovated with a tasteful palette throughout, just walking distance from the hottest restaurants in LA; Mozza, Chi Spacca, Trois Mec and Auburn are all within 1 block. An Incredible Live/Work option with efficient open plan allows for abundant office Space whilst separate Living quarter options are afforded by the Tri-Level design. South Facing Floor to Ceiling Glass floods the main spaces with natural light throughout the day. A 4 car direct-access garage is perfect for office staff or resident's car collection. Enjoy views of the Hollywood Hills from the privately Hedged Roof deck with retractable awning for mid-day shade.. Sophisticated City living at its finest in one of the hottest locations.

Last Agent to Rent the Property

Patrick Fogarty

Carolwood Estates License #01992295 Listed on: 09/11/2019

Carolwood Estates

Last Renter's Agent

Timothy Thompson

License #01894676

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $27,039

Year Built

  • Built in 2005

Lot Details

  • 6,534

Parking

  • 4 Covered Spaces

Property Views

  • City Lights
  • Hills

Interior Spaces

  • 2,100 Sq Ft Home
  • Furnished
  • Alarm System
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $18,000
  • Tenant pays for electricity, water
  • Assessor Parcel Number 5524-012-059

Condo Details

Home Type

Condominium

Est. Annual Taxes

$27,039

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Lease Option: 1
  • Security Deposit: 18000
  • Tenant Pays: Electricity, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Living Area: 2100
  • Year Built: 2005
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 4.29

Exterior Features

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

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5524-012-059
  • Geocode Override: No
  • Lot Size Area: 6583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Badiei Jila
Bought by
Jila Badiei Family Trust
Current Estimated Value
$2,418,948

Purchase Details

Closed on
Jul 1, 2022
Sold by
Shahriar Arefadib
Bought by
Badiei Jila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,412,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2022
Sold by
Jila Badiei
Bought by
Badiei Jila and Arefadib Shahriar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,412,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2021
Sold by
Arefadib Shahriar
Bought by
Badiel Jila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2020
Sold by
Russo John
Bought by
Badiei Jila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2018
Sold by
Staggs Marion
Bought by
Russo John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2006
Sold by
Martel Lofts Llc
Bought by
Staggs Marlon and Staggs Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,160,000
Interest Rate
7.12%
Mortgage Type
Commercial
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
Jila Badiei Family Trust -- None Listed On Document
Badiei Jila -- None Listed On Document
Badiei Jila -- Stewart Title Company
Badiel Jila -- Fidelity National Title
Badiei Jila $2,075,000 Fidelity National Title
Russo John $1,850,000 Fidelity National Title
Staggs Marlon $1,450,000 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Badiei Jila $1,412,000
Previous Owner Badiei Jila $1,425,000
Previous Owner Russo John $1,480,000
Previous Owner Staggs Marlon $1,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2019 12/10/19 Rented $9,000 0.0% --
10/30/2019 10/30/19 Price Changed $9,000 -19.6% $4 / Sq Ft
10/07/2019 10/07/19 Price Changed $11,200 -13.2% $5 / Sq Ft
09/11/2019 09/11/19 For Rent $12,900 +37.2% --
01/04/2016 01/04/16 Rented $9,400 0.0% --
11/18/2015 11/18/15 Price Changed $9,400 -4.1% $3 / Sq Ft
10/30/2015 10/30/15 For Rent $9,800 +9.5% --
02/23/2014 02/23/14 Rented $8,950 0.0% --
02/23/2014 02/23/14 Under Contract -- -- --
10/06/2013 10/06/13 For Rent $8,950 -- --
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 $27,039 $2,246,045 $898,418 $1,347,627
2024 $27,039 $2,202,005 $880,802 $1,321,203
2023 $26,489 $2,158,830 $863,532 $1,295,298
2022 $25,253 $2,116,500 $846,600 $1,269,900
2021 $23,420 $1,944,680 $1,313,973 $630,707
2020 $23,663 $1,924,740 $1,300,500 $624,240
2019 $22,722 $1,887,000 $1,275,000 $612,000
2018 $20,938 $1,707,363 $1,118,618 $588,745
2016 $20,055 $1,641,066 $1,075,182 $565,884
2015 $18,376 $1,500,000 $1,100,000 $400,000
2014 -- $1,100,000 $700,000 $400,000
Source: Public Records

Agents Affiliated with this Home

  • Patrick Fogarty

    Landlord's Agent in 2019

    Patrick Fogarty

    Carolwood Estates

    (310) 779-2415

    1 in this area

    20 Total Sales

    Patrick Fogarty
    Section Image

  • T

    Tenant's Agent in 2019

    Timothy Thompson

  • M

    Buyer Co-Listing Agent in 2019

    Miguel Pinon Blanco

  • Barry Gray

    Seller's Agent in 2016

    Barry Gray

    Compass

    (323) 822-3200

    33 Total Sales

    Barry Gray
    Section Image
  • Stephanie Solomon

    Buyer's Agent in 2016

    Stephanie Solomon

    SGE Realty

    (818) 451-8001

    7 Total Sales

    Stephanie Solomon
    Section Image
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Map

Source: The MLS

MLS Number: 19-509600

The MLS

APN: 5524-012-059

California Los Angeles County Los Angeles 90036 Hollywood

6617 Melrose Ave Unit 1, Los Angeles, CA

This home is located at 6617 Melrose Ave Unit 1, Los Angeles, CA 90038 since 11 September 2019 and is currently priced at $2,418,948. This property was built in 2005. 6617 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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