NOT LISTED FOR SALE

6701 Colgate Ave Los Angeles, CA 90048

Beverly Grove Neighborhood

Estimated Value: $2,107,000 - $3,201,000

2 Beds
2 Baths
2,101 Sq Ft
$1,172/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $1,750,000 $833 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $14,729/month

2 Days on Market

Highlights

  • Views of Trees
  • Living Room with Fireplace
  • No HOA
  • Hancock Park Elementary Rated A-
  • Spanish Architecture
  • Breakfast Room

About This Home

As of November 2023

Location! Location! Location! First time on the market in 50 years! This charming Spanish home is perfect for a developer or a family that wants to make it their own. Currently the home is a 2 bed/2 bath however, the owner sectioned off the back of the house to create an Airbnb unit with a private kitchen. This home has tons of unique architecture that can be used in remodeling. Steps away from the fabulous shops, restaurants and bars on 3rd St. and the Beverly Center and Grove. Just minutes away from Beverly Hills and Cedar Sinai.

Last Agent to Sell the Property

Kimberly Kessler

Coldwell Banker Realty License #02017194 Listed on: 08/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Daniel Dahan

Wolf Luxury Estates License #01970666

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,101 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Breakfast Room
  • Den with Fireplace
  • Tile Flooring
  • Views of Trees
  • Laundry Located Outside

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5511-044-001

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

6,251 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Location! Location! Location! First time on the market in 50 years! This charming Spanish home is perfect for a developer or a family that wants to make it their own. Currently the home is a 2 bed/2 bath however, the owner sectioned the back of the house to create an Airbnb unit with a private kitchen. This home has tons of unique architecture that can be used in remodeling. Steps away from the fabulous shops, restaurants and bars on 3rd St. and the Beverly Center and the Grove. Just minutes away from Beverly Hills and Cedar Sinai.
  • Living Area: 2101
  • Lot Acreage: 0.1435
  • Lot Dimensions: 50x125
  • Stories: 1
  • Year Built: 1933
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Den
  • Flooring: Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Room
  • Laundry: Outside
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 832.46

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan, Window Unit(s)
  • Heating: Forced Air

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5511-044-001
  • Lot Size Area: 6251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2023
Closed on
Oct 3, 2023
Sold by
Hughes Andrew Paul
Bought by
Sincerely Llc
Seller's Agent
Kimberly Kessler
Coldwell Banker Realty
Buyer's Agent
Daniel Dahan
Wolf Luxury Estates
List Price
$1,749,000
Sold Price
$1,750,000
Premium/Discount to List
$1,000
0.06%
Views
91
Current Estimated Value
$2,461,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,803
Avg. Annual Appreciation
15.63%
Original Mortgage
$2,249,159
Interest Rate
7.49%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 3, 2008
Sold by
Thompson Mary Hughes and Hughes Mary Thompson
Bought by
Thompson Mary Hughes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sincerely Llc $1,750,000 Equity Title
Thompson Mary Hughes -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sincerely Llc $2,249,159
Previous Owner Thompson Mary Hughes $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $1,750,000 +0.1% $833 / Sq Ft
11/03/2023 11/03/23 For Sale $1,749,000 0.0% $832 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/03/2023 08/03/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $1,749,000 -- $832 / Sq Ft
Source: The MLS

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 $21,346 $1,785,000 $1,428,000 $357,000
2024 $21,346 $1,750,000 $1,400,000 $350,000
2023 $2,084 $144,181 $72,786 $71,395
2022 $2,001 $141,355 $71,359 $69,996
2021 $1,881 $138,584 $69,960 $68,624
2020 $1,893 $137,164 $69,243 $67,921
2019 $1,828 $134,476 $67,886 $66,590
2018 $1,751 $131,840 $66,555 $65,285
2016 $1,653 $126,721 $63,971 $62,750
2015 $1,631 $124,819 $63,011 $61,808
2014 $1,646 $122,375 $61,777 $60,598
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Kessler

    Seller's Agent in 2023

    Kimberly Kessler

    Coldwell Banker Realty

    (310) 285-7551

    2 in this area

    29 Total Sales

    Kimberly Kessler
    Section Image
  • Daniel Dahan

    Buyer's Agent in 2023

    Daniel Dahan

    Wolf Luxury Estates

    (310) 404-6392

    1 in this area

    3 Total Sales

    Daniel Dahan
    Section Image
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Map

Source: The MLS

MLS Number: 23-297003

The MLS

APN: 5511-044-001

California Los Angeles County Los Angeles 90048 Beverly Grove

6701 Colgate Ave, Los Angeles, CA

Not Listed for Sale

Detached

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