NOT LISTED FOR SALE

Estimated Value: $1,431,000 - $2,609,387

2 Beds
2 Baths
1,993 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $2,580,000 $1,295 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $14,979/month

57 Days on Market

Highlights

  • Concierge
  • Gated Parking
  • Modern Architecture
  • New Construction
  • Wood Flooring
  • Ground Level Unit

About This Home

As of January 2023

Stunning 2-bedroom, 2 bath, two-level townhome that is northeast facing off and complete with a private roof terrace and great surrounding neighborhood views; located just steps from iconic Melrose Place in a highly walkable neighborhood. Noir 7 wide plank white oak hardwood flooring throughout, the Nordic palette is sleek with touches of pure white and light finishes. White resin matte with Oslo oak Snaidero kitchen cabinetry and Caesarstone countertops featuring rich, yet neutral tones for this open kitchen. Subzero and Wolf appliance package. Bright, Pure White Caesarstone bath countertops throughout and standalone soaking tub in the master bath.

Last Agent to Sell the Property

Carrie McNary

Resident Group License #02006253 Listed on: 10/28/2022

Last Buyer's Agent

Jennifer Winston

Compass License #01522987

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $31,617

Year Built

  • Built in 2021 | New Construction

Lot Details

  • West Facing Home

HOA Fees

  • $877 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Guest Parking

Home Design

  • Modern Architecture
  • Split Level Home
  • Entry on the 3rd floor

Interior Spaces

  • 1,993 Sq Ft Home
  • 4-Story Property
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Wood Flooring
  • Alarm System
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Ground Level Unit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • 28 Units
  • Action Property Management Association
  • Low-Rise Condominium
  • Built by ETCO Homes, Inc
  • Maintained Community

Amenities

  • Concierge
  • Billiard Room
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$31,617

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$877 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Modern
  • Levels: Ground Level, Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: The Addison presents a unique offering in the heart of West Hollywood right next to the iconic Melrose Place. Contemporary Spanish architecture featuring dual level homes with 1 - 3 bedrooms, up to 3.5 baths, and ranging from 1,124 - 3,036 sq. feet of living space with finest finishes, soaking tubs, Subzero/Wolf appliance package, hardwood flooring and Caesarstone countertops throughout. Designed to maximize indoor-outdoor living with expansive first floor patios or private rooftop decks. Gated underground parking with 2 assigned spaces per home. The best location for easy living in West Hollywood. Tours by Appt. only.
  • Builder Model Name: 306
  • Builder Name: ETCO Homes, Inc
  • Complex Name: The Addison
  • Entry Floor: 3
  • Living Area: 1993
  • Planned Urban Dev: 0
  • Property Condition: New Construction
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2021
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 0
  • 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: 0
  • Equipment: Alarm System, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: No
  • Price Per S Q F T: 1404.42
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Covered Parking, Gated, Gated Underground
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Fire and Smoke Detection System, Fire Sprinklers, Prewired for alarm system, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Billiard Room, Concierge, Controlled Access, Elevator, Guest Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 877.00
  • Management Company: Action Property Management
  • Mgmt Co Phone: 9494500202|3203
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: UNAVAILABLE
  • Lot Location: City

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 30, 2022
Sold by
Cwv-728 Croft Llc
Bought by
Addison Trust and Morton
Seller's Agent
Carrie McNary
Resident Group
Buyer's Agent
Jennifer Winston
Compass
List Price
$2,900,000
Sold Price
$2,580,000
Premium/Discount to List
-$320,000
-11.03%
Views
22
Current Estimated Value
$2,186,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$393,403
Avg. Annual Appreciation
-5.84%
Original Mortgage
$2,064,000
Outstanding Balance
$1,980,740
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$205,857
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
Addison Trust $2,580,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Addison Trust $2,064,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2023 01/27/23 Sold $2,580,000 -7.8% $1,295 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $2,799,000 -3.5% $1,404 / Sq Ft
10/28/2022 10/28/22 For Sale $2,900,000 -- $1,455 / 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 $31,617 $2,684,232 $915,552 $1,768,680
2024 $31,617 $2,631,600 $897,600 $1,734,000
2023 $9,836 $815,985 $490,340 $325,645
2022 $9,374 $799,986 $480,726 $319,260
2021 $9,245 $784,300 $471,300 $313,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-213309

The MLS

APN: 5528-002-117