NOT LISTED FOR SALE

7940 Fareholm Dr Los Angeles, CA 90046

Hollywood Hills West Neighborhood

Estimated Value: $1,662,840 - $1,847,000

3 Beds
2 Baths
1,311 Sq Ft
$1,363/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $1,444,444 $1,102 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,452/month

39 Days on Market

Highlights

  • City Lights View
  • Bonus Room
  • No HOA
  • Living Room with Fireplace
  • Corner Lot
  • Balcony

About This Home

As of March 2021

Corner lot featuring a modern mid-century residence w/ unobstructed views of Downtown LA (DTLA). Centrally located with easy access to dining & entertainment. Walking distance to the Sunset Strip just off of Hollywood Blvd & Laurel Canyon. Home features 2 bedrooms + den that has been converted into a bedroom. Spectacular views from all main rooms including the primary bedroom with jetted tub in main bathroom. French doors lead to balcony & decks, great in-door/out-door flow. This is a great income producing property and/or fixer upper. There is also a separate entrance to the 2nd bedroom on the lower level and could be perfect for someone looking to rent out a bedroom/bath. Great opportunity!

Last Agent to Sell the Property

Dean Mandile

Sotheby's International Realty License #01970094 Listed on: 12/11/2020

Sotheby's International Realty

Co-Listed By

Justin Mandile

Sotheby's International Realty License #01507705

Last Buyer's Agent

Dean Mandile

Sotheby's International Realty License #01970094 Listed on: 12/11/2020

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,792

Year Built

  • Built in 1953

Lot Details

  • 4,175 Sq Ft Lot
  • Lot Dimensions are 46x90
  • Corner Lot
  • Property is zoned LAR1

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Driveway
  • On-Street Parking
  • Off-Site Parking

Property Views

  • City Lights
  • Canyon
  • Hills

Interior Spaces

  • 1,311 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Bonus Room
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Rear Porch

Utilities

  • Central Air
  • Cooling System Powered By Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5551-003-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,792

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1311
  • Lot Acreage: 0.0959
  • Lot Dimensions: 46x90
  • Stories: 2
  • Year Built: 1953
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage, In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 1144.16

Exterior Features

  • Other Features: Balcony
  • Other Structures: None
  • Patio: Porch - Rear
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Tree Top, Hills, Canyon
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 1
  • Parking Garage: Driveway, Garage - 1 Car, On street, Offsite
  • Total Parking: 1

Utilities

  • Cooling: Central, Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5551-003-011
  • Lot Location: Corner Lot
  • Lot Size Area: 4175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2023
Sold by
Jim And Valerie Kalmenson Trust
Bought by
Jim And Valerie Kalmenson Trust and Kalmenson
Current Estimated Value
$1,786,710

Purchase Details

Listed on
Dec 11, 2020
Closed on
Feb 10, 2021
Sold by
Keel Greg G
Bought by
Kalmenson James and Kalmenson Valerie
Seller's Agent
Dean Mandile
Sotheby's International Realty
Buyer's Agent
Dean Mandile
Sotheby's International Realty
List Price
$1,500,000
Sold Price
$1,444,444
Premium/Discount to List
-$55,556
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$1,155,556
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2018
Sold by
Keel Marie
Bought by
Keel Marie and Keel Greg G

Purchase Details

Closed on
Sep 3, 2010
Sold by
Fisher Mea E
Bought by
Keel Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$554,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2001
Sold by
Vangorp Joseph A and Vangorp Joan A
Bought by
Fisher Mea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,000
Interest Rate
6.57%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 17, 2000
Sold by
England David F
Bought by
Vangorp Joseph A and Vangorp Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.67%

Purchase Details

Closed on
Aug 21, 1996
Sold by
Merle Martin
Bought by
England David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,250
Interest Rate
8.2%
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
Jim And Valerie Kalmenson Trust -- Provident Title Company
Kalmenson James $1,444,500 Equity Title Company
Keel Marie -- None Available
Keel Marie $799,000 California Title Company
Fisher Mea E $599,000 Equity Title
Vangorp Joseph A $525,000 Equity Title Company
England David F $253,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalmenson James $1,155,556
Previous Owner Keel Marie $50,000
Previous Owner Keeel Marie $208,000
Previous Owner Keel Marie $561,000
Previous Owner Keel Marie $25,000
Previous Owner Keel Marie $554,000
Previous Owner Fisher Mea E $600,000
Previous Owner Fisher Mea E $599,000
Previous Owner Vangorp Joseph A $420,000
Previous Owner England David F $227,150
Previous Owner England David F $14,865
Previous Owner England David F $227,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $1,444,444 -3.7% $1,102 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $1,500,000 -- $1,144 / 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 $18,792 $1,532,807 $1,226,331 $306,476
2023 $18,431 $1,502,753 $1,202,286 $300,467
2022 $17,602 $1,473,288 $1,178,712 $294,576
2021 $11,449 $945,695 $756,560 $189,135
2020 $11,496 $935,999 $748,803 $187,196
2019 $11,041 $917,647 $734,121 $183,526
2018 $10,996 $899,655 $719,727 $179,928
2016 $10,488 $864,722 $691,780 $172,942
2015 $10,334 $851,734 $681,389 $170,345
2014 $10,369 $835,051 $668,042 $167,009
Source: Public Records

Agents Affiliated with this Home

  • Dean Mandile

    Seller's Agent in 2021

    Dean Mandile

    Sotheby's International Realty

    (818) 321-6902

    5 in this area

    24 Total Sales

    Dean Mandile
    Section Image
  • Justin Mandile

    Seller Co-Listing Agent in 2021

    Justin Mandile

    Sotheby's International Realty

    (818) 321-6285

    3 in this area

    24 Total Sales

    Justin Mandile
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-669792

The MLS

APN: 5551-003-011

California Los Angeles County Los Angeles 90046 Hollywood Hills West

7940 Fareholm Dr, Los Angeles, CA

This home is located at 7940 Fareholm Dr, Los Angeles, CA 90046 since 11 December 2020 and is currently estimated at $1,786,710, approximately $1,362 per square foot. This property was built in 1953. 7940 Fareholm Dr is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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