NOT LISTED FOR SALE

6683 Franklin Ave Unit 3 Los Angeles, CA 90028

Hollywood Hills Neighborhood

Estimated Value: $883,000 - $1,078,000

2 Beds
2 Baths
1,621 Sq Ft
$573/mo HOA Fee

Last Sold January 26, 2022

Last sale price $935,000 $577 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,587/month

47 Days on Market

Highlights

  • Views of Trees
  • Loft
  • Elevator
  • Wood Flooring
  • Corner Lot
  • 3-minute walk to Yucca Community Center Park

About This Home

As of January 2022

Clive Wilkinson, AIA, Architect | 10 Palms, Hollywood, California, 2009. Located within historic Whitley Heights, Hollywood. 10 Palms, a dramatic 9-unit architectural building by renowned architect Clive Wilkinson, AIA, with over 165 national and international design awards. Wilkinson brought his forward-thinking institutional design sense to his first residential project in California. Genuine residential loft living with versatile live/work spaces. Polished concrete floors on the main level with open kitchen-living leads to the lower level patio. A guest bedroom with opaque glass sliders doubles as office / gym, an oversized full bathroom services the main level. Upper level en-suite master bedroom with additional loft is softened by newer dark wood floors. A versatile upper-level loft overlooks the public space below, which also leads to a spacious balcony and tree top views. Walk to iconic Hollywood Bowl, Hollywood.

Last Agent to Sell the Property

Rick Grahn

Compass License #01162701 Listed on: 11/10/2021

Compass

Co-Listed By

Brian Linder

Compass License #01248728

Last Buyer's Agent

Rick Grahn

Compass License #01162701 Listed on: 11/10/2021

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,855

Year Built

  • Built in 2009 | Remodeled

Lot Details

  • 9,413

HOA Fees

  • $573 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,621 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Loft
  • Views of Trees

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Balcony
  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5575-007-059

Community Details

Overview

  • Association fees include trash, building and grounds
  • 9 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Elevator
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,855

Year Built

Built in 2009 | Remodeled

Lot Details

0

HOA Fees

$573 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Clive Wilkinson, AIA, Architect | 10 Palms, 2009. Located within historic Whitley Heights, 10 Palms is a dramatic 9-unit architectural building by renowned architect Clive Wilkinson, AIA, with over 165 national and international design awards. Wilkinson brought his forward-thinking institutional design sense to his first residential project in California. Genuine residential loft living with versatile live/work spaces. Polished concrete floors on the main level with open kitchen-living leads to the lower level patio. A guest bedroom with opaque glass sliders doubles as office / gym, an oversized full bathroom services the main level. Upper level en-suite master bedroom with additional loft is softened by newer dark wood floors. A versatile upper-level loft overlooks the public space below, which also leads to a spacious balcony and tree top views. Walk to iconic Hollywood Bowl, Hollywood
  • Complex Name: 10 Palms
  • Entry Floor: 1
  • Living Area: 1621
  • Lot Acreage: 0.2161
  • Planned Urban Dev: 1
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2009
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood, Cement, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Microwave, Range/Oven
  • Price Per S Q F T: 582.97

Exterior Features

  • Balcony: Two
  • Direction Faces: West
  • Other Features: Balcony
  • Exposure: West
  • Patio: Balcony
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Building and Grounds
  • HOA Fees: 573.00
  • Management Company: None
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5575-007-059
  • Lot Location: Corner Lot

Multi Family

  • Number Of Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 6, 2022
Sold by
Mason Richard P and Mason Tyler
Bought by
Jls & Otp 2021 Revocable Living Trust
Seller's Agent
Rick Grahn
Compass
Buyer's Agent
Rick Grahn
Compass
List Price
$995,000
Sold Price
$935,000
Premium/Discount to List
-$60,000
-6.03%
Current Estimated Value
$955,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,597
Avg. Annual Appreciation
0.58%
Original Mortgage
$701,000
Outstanding Balance
$639,754
Interest Rate
2.55%
Mortgage Type
New Conventional
Estimated Equity
$315,843

Purchase Details

Closed on
Sep 25, 2019
Sold by
Mason Richard P and Quin Tyler
Bought by
Mason Richard P and Quin Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,400
Interest Rate
3.6%

Purchase Details

Closed on
Apr 8, 2010
Sold by
Ten Palms Investors Llc
Bought by
Mason Richard P and Quin Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.91%
Mortgage Type
New Conventional
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
Jls & Otp 2021 Revocable Living Trust $935,000 First American Title Company O
Mason Richard P -- Fidelity National Title Co
Mason Richard P $650,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jls & Otp 2021 Revocable Living Trust $701,000
Previous Owner Mason Richard P $400,400
Previous Owner Mason Richard P $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $935,000 -1.1% $577 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
12/13/2021 12/13/21 Price Changed $945,000 -5.0% $583 / Sq Ft
11/10/2021 11/10/21 For Sale $995,000 -- $614 / 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 $11,855 $992,228 $590,031 $402,197
2024 $11,855 $972,773 $578,462 $394,311
2023 $11,627 $953,700 $567,120 $386,580
2022 $9,429 $790,631 $463,799 $326,832
2021 $9,308 $775,129 $454,705 $320,424
2019 $8,960 $752,140 $441,219 $310,921
2018 $8,923 $737,393 $432,568 $304,825
2016 $8,493 $708,762 $415,772 $292,990
2015 $8,367 $698,117 $409,527 $288,590
2014 $8,396 $684,442 $401,505 $282,937
Source: Public Records

Agents Affiliated with this Home

  • Rick Grahn

    Seller's Agent in 2022

    Rick Grahn

    Compass

    (310) 382-0344

    1 in this area

    40 Total Sales

    Rick Grahn
    Section Image
  • Brian Linder

    Seller Co-Listing Agent in 2022

    Brian Linder

    Compass

    (310) 592-5417

    1 in this area

    45 Total Sales

    Brian Linder
    Section Image
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Map

Source: The MLS

MLS Number: 21-104393

The MLS

APN: 5575-007-059

California Los Angeles County Los Angeles 90028 Hollywood Hills

6683 Franklin Ave Unit 3, Los Angeles, CA

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