$980,000
SOLD AUG 26, 2020

716 Academy Rd Los Angeles, CA 90012

3 Beds
2 Baths
1,197 Sq Ft
5,961 Sq Ft Lot

Recently Sold

$819 Per Sq Ft

2% Below List Price

23 Days on Market

Highlights

  • View of Hills
  • Contemporary Architecture
  • No HOA
  • Solano Avenue Elementary Rated 9+
  • Wood Flooring
  • Open Patio

About This Home

As of July 2025

Nestled into the verdant surroundings of Solano Canyon near Downtown LA, this beautifully remodeled home offers a fresh take on country living; tucked away from the city, yet within easy reach. The hillside residence has been meticulously updated with features that include custom lighting elements, pine flooring, and an open layout that flows seamlessly to a wide sundeck and gorgeous canyon vistas. In the stylish kitchen find custom cabinetry, quartz countertops, a subway tile backsplash and stainless appliance suite. Three bedrooms provide accommodation for guests and workspace; there is central heat+air, and an attached garage. Tranquil and private, the rear yard is the perfect spot to dine and lounge around the gas fire-pit with built-in bench seating. Mature trees and native plantings set a magical scene. Dining and takeout options are just minutes away in neighboring DTLA and Echo Park. The hiking and biking trails of Elysian Park and the LA River are within easy reach.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 06/24/2020

Coldwell Banker Realty

Co-Listed By

Ronda Doyal

Coldwell Banker Realty License #01912802

Last Buyer's Agent

John Podhor

Compass License #01912131

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,691

Year Built

  • Built in 1985

Lot Details

  • 5,961 Sq Ft Lot
  • Property is zoned LAR2

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,197 Sq Ft Home
  • 2-Story Property
  • Views of Hills
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5415-024-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,691

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: N/A
  • Entry Floor: 1
  • Living Area: 1197
  • Lot Acreage: 0.1370
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1985
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 831.24

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Prewired for alarm system

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5415-024-030
  • Geocode Override: No
  • Lot Size Area: 5961

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 21, 2020
Sold by
Koolhaas Thomas Willem
Bought by
Montgomery Phillip and Allapach Alisa
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
John Podhor
Compass
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.06%
Original Mortgage
$700,000
Outstanding Balance
$628,215
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$354,725

Purchase Details

Listed on
Aug 8, 2017
Closed on
Aug 28, 2017
Sold by
Urbanite Inc
Bought by
Koolhaas Thomas Willem
Seller's Agent
Nicole Sohn
Urbanite Inc.
Buyer's Agent
Tracy Do
Coldwell Banker Realty
List Price
$699,000
Sold Price
$848,000
Premium/Discount to List
$149,000
21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%

Purchase Details

Listed on
Apr 21, 2017
Closed on
May 12, 2017
Sold by
Rhodes Wanda
Bought by
Urbanite Inc
Seller's Agent
Catherine Huang
Compass
Buyer's Agent
Nicole Sohn
Urbanite Inc.
List Price
$510,000
Sold Price
$505,000
Premium/Discount to List
-$5,000
-0.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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 $980,000 Provident Title Company
Grant Deed $848,000 Lawyers Title
Grant Deed $505,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Previous Owner $482,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $288,400 Unknown
Previous Owner $241,500 Unknown
Previous Owner $72,000 Credit Line Revolving
Previous Owner $175,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Sold $1,195,000 0.0% $998 / Sq Ft
07/03/2025 07/03/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $1,195,000 +21.9% $998 / Sq Ft
08/26/2020 08/26/20 Sold $980,000 -1.5% $819 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $995,000 +17.3% $831 / Sq Ft
09/01/2017 09/01/17 Sold $848,000 +21.3% $708 / Sq Ft
08/17/2017 08/17/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $699,000 +38.4% $584 / Sq Ft
06/30/2017 06/30/17 Sold $505,000 -1.0% $422 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $510,000 -- $426 / 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 $12,691 $1,039,982 $675,988 $363,994
2023 $12,443 $1,019,591 $662,734 $356,857
2022 $11,859 $999,600 $649,740 $349,860
2021 $11,717 $980,000 $637,000 $343,000
2020 $10,785 $882,259 $624,240 $258,019
2019 $10,354 $864,960 $612,000 $252,960
2018 $10,315 $848,000 $600,000 $248,000
2016 $2,568 $209,786 $80,180 $129,606
2015 $2,531 $206,636 $78,976 $127,660
2014 $2,544 $202,589 $77,429 $125,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-593674

The MLS

APN: 5415-024-030