NOT LISTED FOR SALE

717 N Highland Ave Unit 3 Los Angeles, CA 90038

Hollywood Neighborhood

Estimated Value: $1,050,000 - $1,257,000

2 Beds
2 Baths
1,700 Sq Ft
$676/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $1,158,479 $681 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,853/month

55 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Loft
  • 0.75 Acre Lot
  • Modern Architecture
  • Den

About This Home

As of September 2023

Impeccable live/work tri-level loft in creative Hollywood compound. 2 bedroom / 1.5 bath space has been completely reimagined into an extraordinary office with exotic finishes, ambient lighting, and custom upgrades throughout. Open style layout allows for entertaining and privacy across the 3 floors + a sun filled outdoor space off the 3rd level loft. Direct access to ground level garage can also be used as an extension of the space. Ultra high end appliances, including a built-in Subzero refrigerator, toto toilets, and exquisite surfaces / finishes. The Highland Lofts building is a collection of live/work condominiums occupied by some of the most dynamic creatives in the industry. Located at the heart of Hollywood at the crossroads of Melrose Avenue and Highland Avenue. Exceptional walk-ability to retail, restaurants and entertainment.

Last Listed By

Jake Zacuto

Zacuto Group License #01377441 Listed on: 06/07/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,426

Year Built

  • Built in 2005

Lot Details

  • 0.75

HOA Fees

  • $278 Monthly HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 1,700 Sq Ft Home
  • 3-Story Property
  • Den
  • Loft
  • Bonus Room
  • Wood Flooring
  • City Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Private Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5524-012-033

Community Details

Overview

  • 20 Units

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,426

Year Built

Built in 2005

Lot Details

0

HOA Fees

$278 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: Impeccable live/work tri-level loft in creative Hollywood compound. The 2 bedroom / 1.5 bathroom space has been completely reimagined into an extraordinary office space with exotic finishes, ambient lighting, and custom upgrades throughout. Open style layout allows for entertaining and privacy across the 3 floors + a sun filled outdoor space off the 3rd level loft, and direct access to ground level garage that can be used as an extension of the work space. Ultra high end appliances, including a built-in Subzero refrigerator, toto toilets, and exquisite surfaces / finishes. The Highland Lofts building is a collection of live/work condominiums occupied by some of the most dynamic creatives in the industry. Located at the heart of Hollywood at the crossroads of Melrose Avenue and Highland Avenue. Exceptional walk-ability to retail, restaurants and entertainment.
  • Complex Name: Highland Lofts
  • Entry Floor: 1
  • Living Area: 1700
  • Lot Acreage: 0.7524
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 2005
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 1
  • Price Per S Q F T: 794.12

Exterior Features

  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Private
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Card/Code Access

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 278.30
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5524-012-033
  • Lot Size Area: 32774

Rental Info

  • Lease Option: 1

Multi Family

  • Number Of Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 7, 2023
Sold by
Clements Thomas
Bought by
Sylvester Justin Allen
Seller's Agent
Jake Zacuto
Zacuto Group
Buyer's Agent
Alexia Umansky
The Agency
List Price
$1,350,000
Sold Price
$1,158,479
Premium/Discount to List
-$191,521
-14.19%
Total Days on Market
55
Views
69
Current Estimated Value
$1,149,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,829
Avg. Annual Appreciation
-3.56%
Original Mortgage
$926,783
Outstanding Balance
$908,638
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$181,310

Purchase Details

Closed on
Jun 15, 2015
Sold by
Martel Lofts Llc
Bought by
Clements Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Sylvester Justin Allen $1,158,500 Chicago Title Company
Clements Thomas $830,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sylvester Justin Allen $926,783
Previous Owner Clements Thomas $622,500
Previous Owner Martel Lofts Llc $5,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $1,158,479 -14.2% $681 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $1,350,000 -- $794 / 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 $14,426 $1,158,000 $347,000 $811,000
2023 $11,844 $944,393 $188,877 $755,516
2022 $11,293 $925,876 $185,174 $740,702
2021 $11,152 $907,723 $181,544 $726,179
2019 $10,822 $880,801 $176,160 $704,641
2018 $10,774 $863,531 $172,706 $690,825
2016 $10,314 $830,000 $166,000 $664,000
2015 $10,184 $819,000 $149,000 $670,000
2014 -- $819,000 $149,000 $670,000
Source: Public Records

Agents Affiliated with this Home

  • Jake Zacuto

    Seller's Agent in 2023

    Jake Zacuto

    Zacuto Group

    (310) 469-9300

    2 in this area

    22 Total Sales

    Jake Zacuto
    Section Image
  • Alexia Umansky

    Buyer's Agent in 2023

    Alexia Umansky

    The Agency

    (424) 230-3700

    5 in this area

    19 Total Sales

    Alexia Umansky
    Section Image

  • M

    Buyer Co-Listing Agent in 2023

    Madison Buffardi

    The Agency

    (310) 651-0330

    3 in this area

    4 Total Sales

    Madison Buffardi
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-278175

The MLS

APN: 5524-012-033

California Los Angeles County Los Angeles 90038 Hollywood

717 N Highland Ave Unit 3, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 717 N Highland Ave Unit 3, Los Angeles, CA 90038 since 07 June 2023 and is currently estimated at $1,149,650, approximately $676 per square foot. This property was built in 2005. 717 N Highland Ave Unit 3 is a home located in Los Angeles County with nearby schools including Vine Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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