NOT LISTED FOR SALE

717 N Highland Ave Unit 24 Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $969,000 - $1,237,000

2 Beds
2 Baths
1,280 Sq Ft
$845/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $876,000 $684 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,978/month

14 Days on Market

Highlights

  • Gated Community
  • 32,749 Sq Ft lot
  • Modern Architecture
  • City Lights View
  • Wood Flooring
  • Direct Access Garage

About This Home

As of October 2019

Perched in the perfect location on the corner of Melrose and Highland, this beautiful modern loft is in the heart of everything, yet secluded and quiet! Zoned as live/work, the tax benefits are spectacular, and with low HOAs, holding this long term offers a great investment as well! Entering on the ground level, you can access the attached two car garage. Walking up, you are greeted with soaring ceilings and windows looking out to a mature 30' high bamboo forest. The main level has the living, dining and kitchen space, along with the 2nd bedroom. The top floor features the master suite which walks out to a well-proportioned porch, offering peek-a-boo views of the hills and Hollywood lights at night. Bonuses include solid hardwood floors, concrete-block construction and drive-in private garage. Welcome home!

Last Agent to Sell the Property

Gabriel Crouch

Gabriel Crouch License #01888849 Listed on: 08/30/2019

Last Buyer's Agent

Einav Ronen

Keller Williams Larchmont License #01863167

Keller Williams Larchmont

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,792

Year Built

  • Built in 2005

Lot Details

  • 0.75

HOA Fees

  • $230 Monthly HOA Fees

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,280 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • Direct Access Garage
  • Garage Door Opener
  • Automatic Gate
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Open Patio
  • 0.75 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 5524-012-054

Community Details

Overview

  • 27 Units
  • Maintained Community

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,792

Year Built

Built in 2005

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Modern
  • Street Number Display: Yes
  • Complex Name: Martel Lofts
  • Entry Floor: 1
  • Living Area: 1280
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2005
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven
  • Fireplace: No
  • Price Per S Q F T: 686.72

Exterior Features

  • Balcony: yes
  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Auto Driveway Gate, Controlled Entrance, Covered Parking, Direct Entrance, Door Opener, Garage - 2 Car, Garage Is Attached

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Card/Code Access

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Gated Community
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 230.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5524-012-054
  • Geocode Override: No
  • Lot Size Area: 32749

Multi Family

  • Number Of Units: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2021
Sold by
Rosman Gidon and The Gidon Rosman Intervivos Tr
Bought by
Blinder Steven and Kanitz Eyal
Current Estimated Value
$1,082,006

Purchase Details

Listed on
Aug 30, 2019
Closed on
Sep 5, 2019
Sold by
653 Indiana Llc
Bought by
Rosman Gidon and The Gidon Rosman Inter Vivos Trust
Seller's Agent
Gabriel Crouch
Gabriel Crouch
Buyer's Agent
Einav Ronen
Keller Williams Larchmont
List Price
$879,000
Sold Price
$876,000
Premium/Discount to List
-$3,000
-0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.83%

Purchase Details

Closed on
Mar 20, 2015
Sold by
Martel Lofts Llc
Bought by
653 Indiana Llc
Source: Public Records

Range of Values:

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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
Blinder Steven -- None Available
Rosman Gidon $876,000 Stewart Title Of Ca Inc
653 Indiana Llc $815,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martel Lofts Llc $5,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2019 10/16/19 Sold $876,000 -0.3% $684 / Sq Ft
08/16/2019 08/16/19 For Sale $879,000 -- $687 / 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 $11,792 $958,029 $236,225 $721,804
2024 $11,792 $939,245 $231,594 $707,651
2023 $11,548 $920,829 $227,053 $693,776
2022 $11,011 $902,774 $222,601 $680,173
2021 $10,874 $885,074 $218,237 $666,837
2020 $10,982 $876,000 $216,000 $660,000
2019 $10,777 $878,069 $175,612 $702,457
2018 $10,730 $860,853 $172,169 $688,684
2016 $10,273 $827,428 $165,485 $661,943
2015 $9,875 $794,000 $147,000 $647,000
2014 -- $794,000 $147,000 $647,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-500834

The MLS

APN: 5524-012-054