NOT LISTED FOR SALE

8071 Selma Ave Los Angeles, CA 90046

Hollywood Hills West Neighborhood

Estimated Value: $2,072,000 - $5,325,640

4 Beds
4 Baths
4,176 Sq Ft
$1,006/Sq Ft Est. Value

Sale Details

Date Sold: June 12, 2014

Last sale price $4,480,000 $1,073 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $27,885 / mo

26 Days on Market

Highlights

  • Guest House
  • City Lights View
  • 0.4 Acre Lot
  • Primary Bedroom Suite
  • Updated Kitchen
  • 5-minute walk to Havenhurst Park

About This Home

As of June 2014

East Coast Traditional meets Hollywood Glamour in this meticulously restored 1922 Estate, with every attention to detail. From city lights views and crown moldings, to the hand-painted murals, this is a stunning original. This spacious residence features 3 bedrooms, 2.5 baths, 2 offices-with stunning views, gourmet kitchen with stainless steel Sub-Zero & Viking appliances, center-island, Carrera marble, subway light fixtures & tile. Relax in the living room, or entertain in the dining room with built-ins, wainscoting, wall coverings and lighting fixtures. The master suite features a fireplace, master bath with Carrera marble and large spa tub. Additional features include 4 balconies, sun room, grand staircase, custom wall coverings and window treatments, custom lighting, mosaic tile floors in powder bath, extra wide doorways with extra wide trim & baseboards, sliding glass pocket doors, hardwood floors. The detached two story guest-house includes an additional 1 bedroom/1 bath. The corner lot offers complete privacy, large grassy yards, and impeccable landscaping-boasting over 17,000 square feet. Located just steps away from Sunset Boulevard, featuring entertainment, dining, and shopping, including the Chateau Marmont Hotel.

Last Agent to Sell the Property

Bruce Leibovitch

Keller Williams Luxury License #00961089 Listed on: 04/14/2014

Keller Williams Luxury

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 17,414 Sq Ft Lot
  • Wrought Iron Fence
  • Privacy Fence
  • Gentle Sloping Lot
  • Sprinkler System
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 4,176 Sq Ft Home
  • Crown Molding
  • Recessed Lighting
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Storage
  • Laundry Room
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Additional Features

  • Balcony
  • Guest House
  • Urban Location
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 1942
  • Assessor Parcel Number 5555031009

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0.4 Acres

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Cielo Vista
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5555031009
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4176.00
  • Interior Amenities: Balcony, Crown Molding, Recessed Lighting, Storage, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Area, Family Kitchen, Dining Room, In Kitchen
  • Fireplace Features: Living Room, Master Retreat
  • Levels: Two
  • Price Per Square Foot: 1072.80
  • Room Type: Bonus Room, Formal Entry, Foyer, Living Room, Master Suite, Walk-In Closet, Sun
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Other Structures: Guest House
  • View: City Lights
  • Fence: Yes
  • Fencing: Privacy, Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Gentle Sloping, Sprinkler System
  • Lot Size Sq Ft: 17414.00
  • Lot Size Acres: 0.4000

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 17414.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 1942

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jun 2, 2014
Sold by
Melina Alan and 8071 Selma Trust
Bought by
Gudvi Bernie and Selma Avenue Property Trust
Seller's Agent
Bruce Leibovitch
Keller Williams Luxury
List Price
$4,750,000
Sold Price
$4,480,000
Premium/Discount to List
-$270,000
-5.68%
Current Estimated Value
$4,200,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$279,453
Avg. Annual Appreciation
-0.54%
Original Mortgage
$4,325,000
Outstanding Balance
$3,124,581
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,075,966

Purchase Details

Listed on
Mar 21, 2013
Closed on
May 8, 2013
Sold by
Moran Patrick
Bought by
Melina Alan and 8071 Selma Trust
Seller's Agent
Amy Davis
Douglas Elliman
Buyer's Agent
Raul Garcia
List Price
$3,749,000
Sold Price
$3,750,000
Premium/Discount to List
$1,000
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.85%
Original Mortgage
$2,062,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2008
Sold by
Aykroyd Daniel E and Aykroyd Peter J
Bought by
Moran Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,491,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gudvi Bernie $4,480,000 California Title Company
Melina Alan $3,750,000 Fidelity National Title
Moran Patrick $2,130,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gudvi Bernie $4,325,000
Previous Owner Melina Alan $2,062,500
Previous Owner Moran Patrick $1,491,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2014 06/12/14 Sold $4,480,000 -5.7% $1,073 / Sq Ft
05/10/2014 05/10/14 Pending -- -- --
04/14/2014 04/14/14 For Sale $4,750,000 +26.7% $1,137 / Sq Ft
05/31/2013 05/31/13 Sold $3,750,000 0.0% $898 / Sq Ft View Prior Sale
04/02/2013 04/02/13 Pending -- -- --
03/21/2013 03/21/13 For Sale $3,749,000 -- $898 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $65,526 $5,491,858 $4,393,490 $1,098,368
2024 $65,526 $5,384,176 $4,307,344 $1,076,832
2023 $64,248 $5,278,605 $4,222,887 $1,055,718
2022 $61,273 $5,175,104 $4,140,086 $1,035,018
2021 $60,547 $5,073,632 $4,058,908 $1,014,724
2019 $58,660 $4,923,147 $3,938,519 $984,628
2018 $58,458 $4,826,616 $3,861,294 $965,322
2016 $55,924 $4,639,195 $3,711,356 $927,839
2015 $55,100 $4,569,510 $3,655,608 $913,902
2014 $46,558 $3,767,025 $3,013,620 $753,405
Source: Public Records

Agents Affiliated with this Home

  • Bruce Leibovitch

    Seller's Agent in 2014

    Bruce Leibovitch

    Keller Williams Luxury

    (818) 599-1499

    21 Total Sales

    Bruce Leibovitch
    Section Image

  • A

    Seller's Agent in 2013

    Amy Davis

    Douglas Elliman

  • R

    Buyer's Agent in 2013

    Raul Garcia

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14078161

California Regional Multiple Listing Service (CRMLS)

APN: 5555-031-009

California Los Angeles County Los Angeles 90046 Hollywood Hills West

8071 Selma Ave, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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