$505,000
SOLD JUN 30, 2017

716 Academy Rd Los Angeles, CA 90012

3 Beds
2 Baths
1,197 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$422 Per Sq Ft

1% Below List Price

34 Days on Market

Highlights

  • Views
  • Solano Avenue Elementary Rated 9+
  • Carpet

About This Home

As of July 2025

First time for sale in over 20 years. Development opportunity in Elysian Park/Solano Canyon. Detached two-level condo with 3 bedrooms and 2 bathrooms, fenced yard, and nice views from second story balcony. Minutes from Downtown Los Angeles, Dodger Stadium, and Echo Park.

Last Agent to Sell the Property

Catherine Huang

Compass License #01980047 Listed on: 04/21/2017

Last Buyer's Agent

Nicole Sohn

Urbanite Inc. License #01376287

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,691

Year Built

  • Built in 1985

Parking

  • 1 Covered Space

Interior Spaces

  • 1,197 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Window Bars
  • Laundry in Garage
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • No Common Walls
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5415-024-030

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,691

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: 717 Solano Avenue Condominium Association
  • Entry Floor: 2
  • Living Area: 1197
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1985
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: None
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 426.07

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car

Utilities

  • Heating: Wall Gas
  • Security: Window Bars

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA: Yes

Lot Info

  • 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 11, 2025
Closed on
Jul 9, 2025
Sold by
Montgomery Phillip and Allapach Alisa
Bought by
Okun William
Seller's Agent
John Podhor
Compass
Buyer's Agent
Akruti Ajmera
Real Brokerage Technologies, Inc.
List Price
$1,195,000
Sold Price
$1,195,000
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.99%

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
4.14%
Original Mortgage
$700,000
Interest Rate
2.9%
Mortgage Type
New Conventional

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 $1,195,000 Fidelity National Title
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
Previous Owner $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: 17-223484

The MLS

APN: 5415-024-030