NOT LISTED FOR SALE

Estimated Value: $1,390,455 - $1,751,000

2 Beds
2.5 Baths
1,413 Sq Ft
$460/mo HOA Fee

Last Sold April 19, 2022

Last sale price $1,499,000 $1,061 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,294/month

95 Days on Market

Highlights

  • Gated Parking
  • 12,998 Sq Ft lot
  • Modern Architecture
  • City Lights View
  • Wood Flooring
  • Den

About This Home

As of April 2022

The 825 Croft at Melrose Place is a brand new, modern residential offering located in the heart of West Hollywood, blocks from the world-famous Melrose Place. The Crofts collection of 15 exquisitely crafted residences features two and three bedroom floor plans, curated design detail, expansive windows and private balconies. Each residence boasts Wolf stainless steel appliances, Quartz countertops, Nest thermostats, recessed lighting, White Oak hardwood floors, Emtek digital front door entry system and a pre-installed alarm system. Gorgeous primary bedroom suites include walk-in closets with built-in cabinetry and spa-style baths with Italian Tiles. Penthouse Residences feature expansive wraparound terraces and treetop neighborhood views from nearly every room. Residents at The Croft also enjoy a private rooftop deck for relaxing and entertaining amidst panoramic city and Hollywood Hills views.

Last Agent to Sell the Property

Azy Farahmand

The Agency License #01958066 Listed on: 12/01/2021

The Agency

Last Buyer's Agent

Alana Gospodnetich

ACME Real Estate License #02102843

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,835

Year Built

  • Built in 2020

Lot Details

  • West Facing Home
  • Gated Home

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Modern Architecture

Interior Spaces

  • 1,413 Sq Ft Home
  • 4-Story Property
  • Living Room
  • Dining Area
  • Den
  • City Lights Views
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Attached Garage
  • Tandem Parking
  • Gated Parking
  • Guest Parking
  • Assigned Parking
  • Controlled Entrance

Utilities

  • Central Heating
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include water, trash
  • 15 Units

Amenities

  • Sundeck
  • Elevator

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,835

Year Built

Built in 2020

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Street Number Display: Yes
  • Advertising Remarks: The 825 Croft at Melrose Place is a brand new, modern residential offering located in the heart of West Hollywood, blocks from the world-famous Melrose Place. The Croft's collection of 15 exquisitely crafted residences features two and three bedroom floor plans, curated design detail, expansive windows and private balconies. Each residence boasts Wolf stainless steel appliances, Quartz countertops, Nest thermostats, recessed lighting, White Oak hardwood floors, Emtek digital front door entry system and a pre-installed alarm system. Gorgeous primary bedroom suites include walk-in closets with built-in cabinetry and spa-style baths with Italian Tiles. Penthouse Residences feature expansive wraparound terraces and treetop neighborhood views from nearly every room. Residents at The Croft also enjoy a private rooftop deck for relaxing and entertaining amidst panoramic city and Hollywood Hills
  • Complex Name: Croft at Melrose Place
  • Entry Floor: 2
  • Living Area: 1413
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 2020
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Hardwood, Tile, Carpet
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Kitchen Island, Dining Area
  • Laundry: Laundry Area, In Closet, Inside
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Range/Oven, Microwave, Gas Dryer Hookup, Vented Exhaust Fan, Alarm System
  • Price Per S Q F T: 1060.86

Exterior Features

  • Direction Faces: West
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Tree Top, Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Attached, Controlled Entrance, Covered Parking, Tandem, Parking for Guests - Onsite, Private Garage

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Card/Code Access, Gated, Smoke Detector, Carbon Monoxide Detector(s)

Association/Amenities

  • Amenities: Sun Deck, Gated Parking, Elevator
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water, Trash
  • HOA Fees: 459.67
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 12998

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Mar 15, 2022
Sold by
Madison Aikawa Llc
Bought by
Yau William Chi Fai and Yau Jenna Summer
Seller's Agent
Azy Farahmand
The Agency
Buyer's Agent
Alana Gospodnetich
ACME Real Estate
List Price
$1,499,000
Sold Price
$1,499,000
Current Estimated Value
$1,516,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,614
Avg. Annual Appreciation
-0.39%
Original Mortgage
$1,199,200
Outstanding Balance
$1,123,957
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$355,389
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
Yau William Chi Fai $1,499,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yau William Chi Fai $1,199,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $1,499,000 0.0% $1,061 / Sq Ft
03/06/2022 03/06/22 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,499,000 -- $1,061 / 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 $18,835 $1,590,749 $636,724 $954,025
2024 $18,835 $1,559,559 $624,240 $935,319
2023 $18,480 $1,528,980 $612,000 $916,980
2022 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-108517

The MLS

APN: 5529-003-136