NOT LISTED FOR SALE

7272 Outpost Cove Dr Los Angeles, CA 90068

Hollywood Hills West Neighborhood

Estimated Value: $579,000 - $3,447,000

0.29 Acre
$8,709,571 Price per Acre
12,693 Sq Ft Lot

Last Sold April 05, 2024

Last sale price $200,000 $60 Per Sq Ft

Est. 1,169% increase in value since last sale

Current estimated payment $13,692/month

30 Days on Market

About This Lot

As of April 2024

Presenting a rare opportunity to own a prime piece of real estate, this expansive property boasts over 12,000 square feet of unparalleled city views.Nestled in the exclusive Outpost Estates, renowned for its celebrity residents and expansive estates, this parcel of land offers a canvas to build your dream home. The sprawling dimensions provide ample space for creating a custom residence that captures the essence of Hollywood Hills living at its finest. There is a "FLATTER" area up the hill and off to the left - currently no driveway exists to the property.

Last Agent to Sell the Property

Matthew Karic

Compass License #01999878 Listed on: 02/26/2024

Compass

Last Buyer's Agent

Matthew Karic

Compass License #01999878 Listed on: 02/26/2024

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,894

Lot Details

  • 0.29 Acre Lot
  • Lot Sloped Up
  • Property is zoned LARE15

Property Views

  • City Lights
  • Canyon

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5572-021-009

Property Details

Property Type

Land

Est. Annual Taxes

$4,894

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.2914
  • Probate: No
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City, City Lights, Canyon
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5572-021-009
  • Lot Size Area: 12694
  • Topography: Uphill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2024
Sold by
Karns William Martin
Bought by
Karns Chung Trust and Karns
Current Estimated Value
$2,537,969

Purchase Details

Closed on
Feb 10, 2021
Sold by
Karns John H and Karns Julie Sommars
Bought by
Karns Michael Raymond and Karns William Martin

Purchase Details

Closed on
Jul 25, 2020
Sold by
Karns John H and Karns Julie Sommars
Bought by
Karns John H and Karns Julie Sommars

Purchase Details

Closed on
Dec 17, 2010
Sold by
Mccracken Craig W and Faust Lauren J
Bought by
Mccracken Craig Winnett and Faust Lauren Johanna

Purchase Details

Closed on
Jan 8, 2010
Sold by
Larsen John David
Bought by
Mccracken Craig W and Faust Lauren J

Purchase Details

Closed on
Aug 15, 2006
Sold by
Mccracken Craig W and Faust Lauren J
Bought by
Larsen John David

Purchase Details

Closed on
Jun 8, 1998
Sold by
Karns John
Bought by
Karns John H and Karns Julie Sommars
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Karns Chung Trust -- None Listed On Document
Karns Chung Trust -- None Listed On Document
Karns Michael Raymond -- None Available
Karns John H -- None Available
Mccracken Craig Winnett -- None Available
Mccracken Craig W $100,000 None Available
Larsen John David $100,000 Accommodation
Karns John H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $200,000 -20.0% $60 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $250,000 -- $75 / 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 $4,894 $327,110 $80,391 $246,719
2024 $4,894 $320,697 $78,815 $241,882
2023 $4,821 $314,410 $77,270 $237,140
2022 $4,664 $308,246 $75,755 $232,491
2021 $4,595 $302,203 $74,270 $227,933
2020 $4,561 $299,105 $73,509 $225,596
2019 $4,415 $293,241 $72,068 $221,173
2018 $4,028 $287,492 $70,655 $216,837
2016 $3,799 $276,330 $67,912 $208,418
2015 $3,750 $272,180 $66,892 $205,288
2014 $3,789 $266,849 $65,582 $201,267
Source: Public Records

Agents Affiliated with this Home

  • Matthew Karic

    Seller's Agent in 2024

    Matthew Karic

    Compass

    (818) 388-3859

    1 in this area

    26 Total Sales

    Matthew Karic
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-362191

The MLS

APN: 5572-022-007

California Los Angeles County Los Angeles 90068 Hollywood Hills West

7272 Outpost Cove Dr, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
Information is deemed reliable but not guaranteed.

Nearby Homes