$2,400,000
SOLD JUN 22, 2022

714 N Orange Grove Ave Los Angeles, CA 90046

Melrose Neighborhood
4 Beds
4 Baths
2,855 Sq Ft
5,638 Sq Ft Lot

Recently Sold

$841 Per Sq Ft

29% Below List Price

37 Days on Market

Highlights

  • Cabana
  • Contemporary Architecture
  • No HOA
  • City View
  • Wood Flooring
  • Home Office

About This Home

As of June 2022

** $400K MAJOR PRICE REDUCTION** WELCOME TO ULTRA MODERN LUXURY LIVING AT ITS BEST !! PRACTICALLY NEW CONSTRUCTION COMPLETED IN 2016 IN THE HEART OF WEHO, WALKING DISTANCE TO MELROSE PLACE, FAMED SHOPS, CELEB RESTAURANTS, EXCITING VENUES... AND MORE !! THIS RARE CORNER LOT PROPERTY HAS DUAL, EASY ACCESS WHILE ITS TALL AND MATURE HEDGERS, FENCES, AND MODERN GATES CREATES A PRIVATE COMPOUND WITH SECURITY AND TRANQUILITY; PREVIOUS SELLERS HAVE TASTEFULLY UPGRADED OVER $150K OF GORGEOUS IMPROVEMENTS, INCLUDING: NEW ECO-HIGH-STYLE POOL; OUTSIDE FRESCO LIVING ROOM AREA AND LOUNGES FEATURING 2 FIREPLACES WITH THE ATMOSPHERE OF A BOUTIQUE HOTEL IN THE MIDDLE OF METROPOLITAN ! AMAZING VALUE AT NEARLY 3000 SQFT OF MODERN LIVING. THIS CONTEMPORARY HOME BOASTS CHIC ELEGANCE & SOPHISTICATION AT EVERY CORNER; THE FIRST LEVEL DESIGNED FOR ENTERTAINMENT & RELAXATION; WHILE PRIVATE UPSTAIRS FEATURES - 4 GENEROUS BEDROOMS AND MODERN BATHROOMS, INCLUDING A SPACIOUS CORNER MASTER SUITE WITH AMAZING SUNSET VIEW WHILE ADJACENT ROOMS BOAST A SWEEPING VIEW OF HOLLYWOOD HILLS; THE INVITING BACKYARD WAS CREATED WITH MODERN FLARES TO "WOW" YOUR GUESTS AS THEY LUXURIATE IN THE POOL; LOUNGE AROUND THE SOFAS IN FRONT OF THE TWO GAS FIREPLACES & ENJOY FOOTBALL ON THE TV WHILE INDULGING IN THE BUILT IN OUTDOOR BARBECUE. HUGE KITCHEN DESIGN IS IDEAL FOR ENTERTAINING YET COZY ENOUGH FOR INTIMATE GATHERINGS; OPENS INTO THE DINING AREA & UNIQUELY TWIN LIVING ROOMS W/ MASSIVE FLOOR TO CEILING WINDOWS TO ENJOY BEAUTIFUL SUNSET COCKTAIL; THE TALL AND MATURE FRONT AND BACK HEDGERS PROVIDE MAXIMUM PRIVACY AND SECURITY. WELCOME HOME TO MODERN LUXURY AS IS BEST !! MUST SEE TO IMPRESS...CALL FOR APPOINTMENT SOON... WONT LAST !!

Last Agent to Sell the Property

Charles Le

eXp Realty of California Inc License #01261943 Listed on: 04/18/2022

eXp Realty of California Inc

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,376

Year Built

  • Built in 2016

Lot Details

  • 5,638 Sq Ft Lot
  • Lot Dimensions are 44x130
  • Property is zoned LAR1

Property Views

  • City
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,855 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Home Office

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • Carport

Pool

  • Cabana
  • Heated In Ground Pool
  • In Ground Spa

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5527-010-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,376

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 2855
  • Lot Acreage: 0.1294
  • Lot Dimensions: 44x130
  • Stories: 1
  • Year Built: 2016
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Built-Ins, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Microwave, Barbeque
  • Price Per S Q F T: 1050.09

Exterior Features

  • Other Structures: Cabana
  • Pool Description: Heated, Heated And Filtered, Private
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City, Hills, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5527-010-008
  • Lot Size Area: 5638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2022
Closed on
Aug 1, 2022
Sold by
Prestige Cl Investment Llc
Bought by
Le Charles H
Seller's Agent
Charles Le
eXp Realty of California Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,395,000
Sold Price
$2,400,000
Premium/Discount to List
-$995,000
-29.31%
Current Estimated Value
$2,789,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,743
Avg. Annual Appreciation
5.02%
Original Mortgage
$1,969,200
Outstanding Balance
$1,879,417
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$910,326

Purchase Details

Listed on
Apr 18, 2022
Closed on
Jun 2, 2022
Sold by
Daniel C Growney Revocable Trust
Bought by
Prestige Cl Investment
Seller's Agent
Charles Le
eXp Realty of California Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,395,000
Sold Price
$2,400,000
Premium/Discount to List
-$995,000
-29.31%

Purchase Details

Closed on
Dec 20, 2019
Sold by
Growney Daniel
Bought by
Growney Daniel and Daniel C Growney Revocable Tru

Purchase Details

Listed on
Mar 19, 2019
Closed on
May 16, 2019
Sold by
Sabbah Lionel and Sabbah Wendy
Bought by
Growney Daniel
Seller's Agent
Emmanuel Xuereb
Compass
Buyer's Agent
Emmanuel Xuereb
Compass
List Price
$2,299,000
Sold Price
$2,170,000
Premium/Discount to List
-$129,000
-5.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.20%
Original Mortgage
$470,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 17, 2017
Sold by
Beh H26 Inc
Bought by
Sabbah Lionel and Sabbah Wendy
Seller's Agent
Sheri Bienstock
The Bienstock Group
Buyer's Agent
Sheri Bienstock
The Bienstock Group
List Price
$1,949,000
Sold Price
$1,925,000
Premium/Discount to List
-$24,000
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$1,540,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 13, 2015
Closed on
Jul 1, 2015
Sold by
Perlow Sharon
Bought by
Beh H26 Inc
Seller's Agent
Anne Randall
Homes & Properties 2000
Buyer's Agent
Ardavan Rabie
No Firm Affiliation
List Price
$1,100,000
Sold Price
$845,000
Premium/Discount to List
-$255,000
-23.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.43%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $2,400,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $2,170,000 Fidelity National Title Co
Grant Deed $1,925,000 Provident Title Company
Grant Deed $845,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,969,200 New Conventional
Previous Owner $470,000 New Conventional
Previous Owner $1,540,000 Adjustable Rate Mortgage/ARM
Previous Owner $230,000 New Conventional
Closed $0 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Price Changed $11,995 0.0% $4 / Sq Ft
04/14/2025 04/14/25 For Rent $11,995 +9.0% --
04/10/2025 04/10/25 Under Contract -- -- --
04/10/2025 04/10/25 Rented $11,000 -15.1% --
03/27/2025 03/27/25 Off Market $12,950 -- --
01/13/2025 01/13/25 For Rent $12,950 +3.6% --
06/13/2023 06/13/23 Rented $12,500 0.0% --
05/26/2023 05/26/23 Under Contract -- -- --
02/16/2023 02/16/23 Price Changed $12,500 -3.8% $4 / Sq Ft
01/30/2023 01/30/23 Price Changed $12,995 -3.7% $5 / Sq Ft
01/06/2023 01/06/23 Price Changed $13,495 -3.6% $5 / Sq Ft
08/24/2022 08/24/22 For Rent $13,995 0.0% --
06/22/2022 06/22/22 Sold $2,400,000 -19.9% $841 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/11/2022 05/11/22 Price Changed $2,998,000 -11.7% $1,050 / Sq Ft
04/18/2022 04/18/22 For Sale $3,395,000 +56.5% $1,189 / Sq Ft
06/10/2019 06/10/19 Sold $2,170,000 -1.3% $760 / Sq Ft
04/08/2019 04/08/19 Price Changed $2,199,000 -4.3% $770 / Sq Ft
02/19/2019 02/19/19 For Sale $2,299,000 +19.4% $805 / Sq Ft
08/23/2017 08/23/17 Sold $1,925,000 -1.2% $683 / Sq Ft
07/24/2017 07/24/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $1,949,000 +130.7% $691 / Sq Ft
08/07/2015 08/07/15 Sold $845,000 -6.0% $731 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
06/08/2015 06/08/15 Price Changed $899,000 -14.0% $778 / Sq Ft
06/05/2015 06/05/15 Price Changed $1,045,000 -5.0% $904 / Sq Ft
05/13/2015 05/13/15 For Sale $1,100,000 -- $952 / 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
2024 $30,376 $2,496,960 $1,997,568 $499,392
2023 $29,785 $2,448,000 $1,958,400 $489,600
2022 $27,008 $2,281,056 $1,647,617 $633,439
2021 $26,678 $2,236,330 $1,615,311 $621,019
2019 $1,842 $2,016,030 $1,387,710 $628,320
2018 $23,229 $1,925,000 $1,360,500 $564,500
2016 $10,245 $845,000 $676,000 $169,000
2015 $852 $56,859 $42,607 $14,252
2014 $867 $55,746 $41,773 $13,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-128541

The MLS

APN: 5527-010-008