NOT LISTED FOR SALE

Estimated Value: $1,462,000 - $2,036,000

3 Beds
3 Baths
1,630 Sq Ft
0.3 Acres

Last Sold October 14, 2016

Last sale price $1,269,000 $779 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $9,944/month

Highlights

  • 12,999 Sq Ft lot
  • Living Room with Fireplace
  • Den
  • Contemporary Architecture
  • Wood Flooring
  • Built-In Features

About This Home

As of August 2020

: Exquisitely located at the corner of MELROSE PLACE, this RARE 3 bedroom corner front facing designer done condo offers an incredible opportunity to live in one of the best areas in Los Angeles on the border of West Hollywood. With a phenomenal walking score of 91, everything will be at your doorstep when you move in to this chic neighborhood including great shopping and restaurants. No car needed! Light French Oak flooring , a remodeled master bath w/soaking tub and remodeled guest bath , newer LED lighting throughout, ceiling fans in all bedrooms, and an extra large patio off the Masterbedroom. It will be easy to cook like a pro in the gourmet kitchen which includes a Sub Zero and high-end Italian Bertazonni gas range. The building offers a beautiful rooftop deck to lounge and relax with views to the Hollywood Hills and beyond. Can be leased furnished or unfurnished( min 6 month lease required)

Last Agent to Rent the Property

Pamela Rich

The Agency License #01262935 Listed on: 05/15/2020

The Agency

Last Renter's Agent

Pamela Rich

The Agency License #01262935 Listed on: 05/15/2020

The Agency

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,495

Year Built

  • Built in 2007

Lot Details

  • 0.3

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,630 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Wood Flooring
  • Property Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 2 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Guest Parking
  • Controlled Entrance

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $19,000
  • Tenant pays for cable TV, electricity, gas
  • Negotiable Lease Term
  • Assessor Parcel Number 5528-002-084

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Controlled Access
  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$17,495

Year Built

Built in 2007

Lot Details

0

Rental Info

  • Security Deposit: 19000
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: Negotiable
  • Living Area: 1630
  • Probate: No
  • Year Built: 2007
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Elevator, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 3.37

Exterior Features

  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Door Opener, Parking for Guests, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Elevator
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5528-002-084
  • Geocode Override: No
  • Lot Size Area: 12999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2016
Closed on
Aug 29, 2016
Sold by
Franklin Cory R
Bought by
Sadowski Peter T and Article Five Trust
Seller's Agent
Robert Haaga
Pacific Sotheby's International Realty
Buyer's Agent
Pamela Rich
The Agency
List Price
$1,249,000
Sold Price
$1,269,000
Premium/Discount to List
$20,000
1.6%
Current Estimated Value
$1,618,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,154
Avg. Annual Appreciation
2.74%

Purchase Details

Listed on
Jul 25, 2014
Closed on
Sep 9, 2014
Sold by
Hill David Scott and Hill Laura Elizabeth
Bought by
Franklin Cory R
Seller's Agent
Jon Grauman
Resident Group
Buyer's Agent
Robert Haaga
List Price
$949,000
Sold Price
$900,000
Premium/Discount to List
-$49,000
-5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.54%
Original Mortgage
$720,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 14, 2008
Sold by
Croft 718 Llc
Bought by
Hill David Scott and Hill Laura Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.22%
Mortgage Type
Seller Take Back
Source: Public Records

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
Sadowski Peter T $1,269,000 Fidelity National Title Co
Franklin Cory R $900,000 Progressive Title Company
Hill David Scott $999,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franklin Cory R $720,000
Previous Owner Hill David Scott $99,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2020 08/27/20 Rented $5,495 0.0% --
08/18/2020 08/18/20 Under Contract -- -- --
07/31/2020 07/31/20 Price Changed $5,495 -8.3% $3 / Sq Ft
06/18/2020 06/18/20 Price Changed $5,995 -7.8% $4 / Sq Ft
05/15/2020 05/15/20 For Rent $6,500 0.0% --
11/27/2019 11/27/19 Rented $6,500 0.0% --
11/15/2019 11/15/19 Price Changed $6,500 -7.1% $4 / Sq Ft
11/14/2019 11/14/19 For Rent $6,995 0.0% --
10/14/2016 10/14/16 Sold $1,269,000 +1.6% $779 / Sq Ft View Prior Sale
09/06/2016 09/06/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $1,249,000 +38.8% $766 / Sq Ft
10/08/2014 10/08/14 Sold $900,000 -3.1% $552 / Sq Ft View Prior Sale
09/08/2014 09/08/14 Pending -- -- --
08/26/2014 08/26/14 Price Changed $929,000 -2.1% $570 / Sq Ft
07/25/2014 07/25/14 For Sale $949,000 0.0% $582 / Sq Ft
06/15/2012 06/15/12 Rented $4,950 -- --
06/14/2012 06/14/12 Under Contract -- -- --
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 $17,495 $1,472,777 $1,014,116 $458,661
2024 $17,495 $1,443,900 $994,232 $449,668
2023 $17,155 $1,415,589 $974,738 $440,851
2022 $16,351 $1,387,833 $955,626 $432,207
2021 $16,150 $1,360,622 $936,889 $423,733
2019 $15,662 $1,320,267 $909,101 $411,166
2018 $15,625 $1,294,380 $891,276 $403,104
2016 $10,926 $913,724 $606,713 $307,011
2015 $10,764 $900,000 $597,600 $302,400
2014 $11,951 $970,000 $200,000 $770,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-579338

The MLS

APN: 5528-002-084