NOT LISTED FOR SALE

725 S Highland Ave Los Angeles, CA 90036

Miracle Mile Neighborhood

Estimated Value: $1,520,000 - $2,138,000

3 Beds
3 Baths
1,825 Sq Ft
$975/Sq Ft Est. Value

Last Sold October 27, 2020

Last sale price $1,255,000 $688 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $10,673/month

32 Days on Market

Highlights

  • Art Studio
  • Open Floorplan
  • Spanish Architecture
  • Gated Parking
  • Wood Flooring
  • 3-minute walk to Mansfield Ave Park

About This Home

As of October 2020

Upgraded August 2020!: Chimney, Foundation, & Electrical. Charming Spanish style home features 3 large bedrooms, 2.5 bathrooms, an open living room, formal dining room, & a den that could be used as a home office, breakfast area, or a family room. The high ceilings & abundant natural light flows throughout the property giving an extra spacious feel. Sitting on a 7,509 sqft lot, buyers will appreciate the extra lush, private, park-like backyard. Recently updated with brand new copper plumbing, refinished hardwood floors, fresh paint throughout, a newly remodeled kitchen that includes a brand new oven, stove, & dishwasher. Alongside the detached garage is a partitioned storage space that could be used as an office or studio. Centrally located to shops, transportation, The Grove, Wilshire, restaurants & places of worship! Best value in 90036! Upgraded, this turnkey single family home is a fantastic opportunity to finally own a home in the highly sought out Hancock Park community.

Last Agent to Sell the Property

Dennis Adelpour

Berkshire Hathaway HomeServices California Properties License #01773733 Listed on: 08/28/2020

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Zivah Gabaie

Berkshire Hathaway HomeServices California Properties License #01935753

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,333

Year Built

  • Built in 1924

Lot Details

  • 7,509 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Property is zoned LAR1

Home Design

  • Spanish Architecture
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,825 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Skylights
  • Decorative Fireplace
  • Bay Window
  • French Doors
  • Living Room with Attached Deck
  • Formal Dining Room
  • Bonus Room
  • Art Studio
  • Workshop
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Oven
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire Sprinkler System

Parking

  • 2 Car Detached Garage
  • 3 Open Parking Spaces
  • Converted Garage
  • Tandem Parking
  • Driveway
  • Gated Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Location

  • Ground Level Unit

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5507-028-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,333

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Ground Level
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 1825
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 34
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Detached/No Common Walls, Living Room Deck Attached, Open Floor Plan, Turnkey
  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Tile
  • Appliances: Oven, Range
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Down, Ground Floor Master, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Shower Stall, Tile, Under Vanity Lighting
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Formal Dining Rm
  • Kitchen Features: Pantry, Remodeled
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins, Dryer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 684.93
  • Windows: Bay Window, Skylights

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: French Doors
  • Other Structures: Shed(s), Other
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Wood
  • Patio: Covered Porch, Living Room Deck Attached, Patio Open, Porch - Front, Porch - Rear, Slab
  • Pool: No
  • Roof: Clay, Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Detached, Driveway, Garage, Gated, Tandem
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Security: Fire and Smoke Detection System
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5507-028-005
  • Lot Size Area: 7509

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 5, 2020
Sold by
Nay Cagney M
Bought by
Klasfeld Rebecca and Shapanka Ethan
Seller's Agent
Dennis Adelpour
Berkshire Hathaway HomeServices California Properties
List Price
$1,299,000
Sold Price
$1,255,000
Premium/Discount to List
-$44,000
-3.39%
Current Estimated Value
$1,778,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,995
Avg. Annual Appreciation
7.21%
Original Mortgage
$1,000,000
Outstanding Balance
$889,447
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$889,548

Purchase Details

Closed on
Aug 25, 2015
Sold by
Jarvis Eric D
Bought by
Nay Cagney M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 6, 2002
Sold by
Deniese Christopher and Deniese Beverly
Bought by
Jarvis Eric D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
6.52%

Purchase Details

Closed on
Jul 20, 1994
Sold by
Hooker Bob
Bought by
Deniese Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.2%
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
Klasfeld Rebecca $1,255,000 California Title Company
Nay Cagney M -- Lawyers Title
Jarvis Eric D $512,000 Equity Title Company
Deniese Christopher $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klasfeld Rebecca $1,000,000
Previous Owner Nay Cagney M $755,000
Previous Owner Jarvis Eric D $409,600
Previous Owner Deniese Christopher $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2020 10/27/20 Sold $1,255,000 +0.4% $688 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/21/2020 09/21/20 Price Changed $1,250,000 -3.8% $685 / Sq Ft
09/09/2020 09/09/20 Price Changed $1,299,000 -3.6% $712 / Sq Ft
08/28/2020 08/28/20 Price Changed $1,348,000 +3.8% $739 / Sq Ft
08/28/2020 08/28/20 For Sale $1,299,000 0.0% $712 / Sq Ft
02/19/2019 02/19/19 Rented $4,750 0.0% --
02/10/2019 02/10/19 For Rent $4,750 -- --
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 $16,333 $1,358,450 $1,086,761 $271,689
2024 $16,333 $1,331,814 $1,065,452 $266,362
2023 $16,020 $1,305,701 $1,044,561 $261,140
2022 $15,278 $1,280,100 $1,024,080 $256,020
2021 $15,090 $1,255,000 $1,004,000 $251,000
2019 $8,145 $664,742 $445,718 $219,024
2018 $8,048 $651,709 $436,979 $214,730
2016 $7,691 $626,404 $420,011 $206,393
2015 $7,580 $616,996 $413,703 $203,293
2014 $7,612 $604,911 $405,600 $199,311
Source: Public Records

Agents Affiliated with this Home

  • Dennis Adelpour

    Seller's Agent in 2020

    Dennis Adelpour

    Berkshire Hathaway HomeServices California Properties

    (310) 573-8670

    2 in this area

    82 Total Sales

    Dennis Adelpour
    Section Image

  • Z

    Seller Co-Listing Agent in 2020

    Zivah Gabaie

    Berkshire Hathaway HomeServices California Properties

    (310) 207-7080

    2 in this area

    21 Total Sales

    Zivah Gabaie
    Section Image
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Map

Source: The MLS

MLS Number: 20-624458

The MLS

APN: 5507-028-005

California Los Angeles County Los Angeles 90005 Miracle Mile

725 S Highland Ave, Los Angeles, CA

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