NOT LISTED FOR SALE

Estimated Value: $1,084,000 - $1,467,000

2 Beds
2 Baths
1,100 Sq Ft
$1,197/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $900,000 $818 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,882/month

Highlights

  • City Lights View
  • Wood Flooring
  • 2 Car Attached Garage
  • Deck
  • No HOA
  • Bathtub

About This Home

As of October 2020

Peacefully situated on a cul-de-sac street, just above the world famous Sunset Strip, sits this home looking for someone to show it some TLC. This property has endless amounts of potential due to its incredible location in the lower, accessible Hollywood Hills. High enough to have incredible views of Downtown and Century City but low enough to be able to get to some of the best restaurants and entertainment this city has to offer in a matter of a few minutes. Ideal location for anyone who travels frequently to the valley due to being situated right off Laurel Canyon, as well as the scenic Sunset Blvd taking you all the way to Malibu. Plenty of outdoor spaces to enjoy, sit on the front porch and enjoy the view, or hangout on the large back patio and feel like you are in a private oasis with only hilly land filled with succulents behind you. Parking anywhere in the hills can be a challenge but this home offers a 2 car garage as well as space for a vehicle in the front. The living room lets plenty of light in with the huge picture windows. The kitchen is large but in need of some work as well as the two bathrooms. This is the perfect opportunity for an investor or developer or anyone who wants the home of their dreams in the hills at an affordable price. A designer's dream, a blank canvas with nothing but tons of potential.
More photos coming soon.

Last Agent to Sell the Property

Allison Maher

Real Estate eBroker, Inc. License #02065013 Listed on: 09/05/2020

Real Estate eBroker, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,123

Year Built

  • Built in 1941

Lot Details

  • 4,716 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Fixer Upper

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Wood Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Deck
  • Patio

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 6716
  • Assessor Parcel Number 5551002004

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,123

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Bungalow
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5551002004
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 818.18
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4716.00
  • Lot Size Acres: 0.1083

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4716.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1941.02
  • Tax Lot: 7
  • Tax Tract Number: 6716

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2020
Closed on
Sep 21, 2020
Sold by
Burke Nanette Mae and The Metcalfe Trust
Bought by
Dimitrova Galina and Dimitrova Krasimir
Seller's Agent
Allison Maher
Real Estate eBroker, Inc.
List Price
$889,000
Sold Price
$900,000
Premium/Discount to List
$11,000
1.24%
Current Estimated Value
$1,316,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,943
Avg. Annual Appreciation
6.13%
Original Mortgage
$765,000
Outstanding Balance
$680,741
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$525,333

Purchase Details

Closed on
May 5, 2020
Sold by
Burke Nanette M and The Richard L Herman Trust
Bought by
Metcalfe James E and Metcalfe Nancy J

Purchase Details

Closed on
Sep 15, 2000
Sold by
Herman Richard L
Bought by
Herman Richard L and Richard Herman Trust
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
Dimitrova Galina $850,000 Stewart Title
Metcalfe James E -- None Available
Herman Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dimitrova Galina $765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $900,000 +1.2% $818 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $889,000 -- $808 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,123 $920,066 $828,060 $92,006
2024 $11,123 $902,026 $811,824 $90,202
2023 $10,912 $884,340 $795,906 $88,434
2022 $10,434 $867,000 $780,300 $86,700
2021 $11,154 $850,000 $765,000 $85,000
2020 $1,579 $111,160 $83,712 $27,448
2019 $1,525 $108,981 $82,071 $26,910
2018 $1,500 $106,845 $80,462 $26,383
2016 $1,398 $102,698 $77,339 $25,359
2015 $1,380 $101,157 $76,178 $24,979
2014 $1,395 $99,176 $74,686 $24,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20185046

California Regional Multiple Listing Service (CRMLS)

APN: 5551-002-004