NOT LISTED FOR SALE

717 N Highland Ave Unit 27 Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $926,000 - $1,107,000

2 Beds
2 Baths
1,340 Sq Ft
0.75 Acres

Highlights

  • Rooftop Deck
  • Gated Community
  • 0.75 Acre Lot
  • Automatic Gate
  • City View
  • Two Story Ceilings

About This Home

As of February 2023

Clean, simple and soaring, the Highland Live/Work Lofts illustrate the powerful appeal of exposed structure and light-filled volumes. The cement-block shell of each townhouse-like multi-story unit is exposed inside and out. Glue-lam beams and sheathing under the roof membrane are left exposed, rather than concealed with sheetrock. Unit 27, on the SE interior corner, is a large, prime unit with south and west light and exposures. Well-buffered from the busy traffic on Highland and Melrose avenues, the unit is approached from a linear garden of bamboo behind a woven Cor-Ten steel fence. ***Offering excludes the garage parking space; tenant must street-park or make other arrangements.*** The garage will remain in use by the Owner; the door connecting to the garage may be locked from either side. Owners intend to install a hookup for a stacked washer-dryer near the kitchen.

Last Agent to Rent the Property

Michael Phillips

Crosby Doe Associates, Inc. License #01721282 Listed on: 12/05/2022

Last Renter's Agent

Michael Phillips

Crosby Doe Associates, Inc. License #01721282 Listed on: 12/05/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,678

Year Built

  • Built in 2005

Lot Details

  • West Facing Home
  • Gated Home

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Property Views

  • City
  • Trees

Home Design

  • Modern Architecture
  • Split Level Home
  • Entry on the 1st floor
  • Combination Foundation
  • Interior Block Wall

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Two Story Ceilings
  • Ceiling Fan
  • Blinds
  • Entryway
  • Living Room
  • Wood Flooring
  • Stacked Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dressing Area
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Rooftop Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $11,000
  • Tenant pays for electricity, gas
  • Rent includes trash collection, water
  • Month-to-Month Lease Term
  • Negotiable Lease Term
  • Assessor Parcel Number 5524-012-057

Community Details

Overview

  • Association fees include water and sewer paid, trash
  • 28 Units

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,678

Year Built

Built in 2005

Lot Details

0

Parking

3

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Rent Control: No
  • Rent Includes: Trash Collection, Water
  • Security Deposit: 11000
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Modern
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Clean, simple and soaring, the Highland Live/Work Lofts illustrate the powerful appeal of exposed structure and light-filled volumes. The cement-block shell of each townhouse-like multi-story unit is exposed inside and out. Glue-lam beams and sheathing under the roof membrane are left exposed, rather than concealed with sheetrock. Unit 27, on the SE interior corner, is a large, prime unit with south and west light and exposures. Well-buffered from the busy traffic on Highland and Melrose avenues, the unit is approached from a linear garden of bamboo behind a woven Cor-Ten steel fence. Offering excludes the garage parking space; tenant must street-park or make other arrangements. The garage will remain in use by the Owner; the door connecting to the garage may be locked from either side. Owners plan to install a stacked washer-dryer near the kitchen, if possible before the tenancy.
  • Disability Access: 36 inch or more wide halls
  • Entry Floor: 1
  • Entry Location: Ground Level - no steps
  • Lease Terms: Negotiable
  • Lot Acreage: 0.7524
  • Monthto Month: Yes
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: No Additions/Alter
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2005
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Block Walls, Drywall Walls, High Ceilings (9 Feet+), Two Story Ceilings, Built-Ins
  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Oven-Electric
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Living Room
  • Kitchen Features: Granite Counters
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Garbage Disposal, Freezer, Microwave, Gas Or Electric Dryer Hookup, Stackable W/D Hookup, Dishwasher, Ceiling Fan
  • Inclusions: Refrigerator.
  • Windows: Window Blinds

Exterior Features

  • Balcony: Terrace
  • Direction Faces: West
  • Construction: Block
  • Other Features: High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Foundation Details: Combination
  • Exposure: S, W
  • Patio: Roof Top Deck
  • Pool: No
  • Spa Yn: No
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Attached

Utilities

  • Volt 220: In Garage
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central, Natural Gas
  • Security: Automatic Gate, Gated, Firewall(s), Fire Sprinklers, Smoke Detector
  • Sewer: In Street Paid
  • Water: Public

Association/Amenities

  • Amenities: Gated Community, Gated Parking

Condo/Co-op/Association

  • Association Fees Include: Water and Sewer Paid, Trash
  • Unit Location: SE Corner

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5524-012-057
  • Lot Description: Alley Paved
  • Lot Location: Alley Access
  • Lot Size Area: 32774

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2006
Sold by
Martel Lofts Llc
Bought by
Mottishaw John
Current Estimated Value
$1,023,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,400
Outstanding Balance
$121,541
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$885,305

Purchase Details

Closed on
Sep 12, 2000
Sold by
Unitel Video Inc
Bought by
Sweet Albert
Source: Public Records

Range of Values:

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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
Mottishaw John $1,017,000 Stewart Title
Sweet Albert -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mottishaw John $203,400
Open Mottishaw John $711,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2023 02/18/23 Rented $3,700 0.0% --
01/26/2023 01/26/23 Price Changed $3,700 -32.7% $3 / Sq Ft
12/05/2022 12/05/22 For Rent $5,500 -- --
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 $11,678 $1,140,000 $855,000 $285,000
2024 $11,678 $929,000 $696,000 $233,000
2023 $9,211 $725,000 $543,500 $181,500
2022 $10,955 $897,000 $672,500 $224,500
2021 $11,025 $897,000 $672,500 $224,500
2019 $9,297 $751,000 $563,000 $188,000
2018 $9,427 $751,000 $563,000 $188,000
2016 $9,956 $800,000 $540,000 $260,000
2015 $9,957 $800,000 $540,000 $260,000
2014 $10,180 $800,000 $540,000 $260,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-222919

The MLS

APN: 5524-012-057