NOT LISTED FOR SALE

8401 Fountain Ave Unit 16 West Hollywood, CA 90069

Estimated Value: $973,000 - $1,467,348

2 Beds
2 Baths
1,423 Sq Ft
8,965 Sq Ft Lot

Last Sold December 28, 2022

Last sale price $1,025,000 $720 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,681/month

Highlights

  • Penthouse
  • Panoramic View
  • Covered patio or porch
  • Automatic Gate
  • Midcentury Modern Architecture
  • 3-minute walk to William S. Hart Park & Off-Leash Dog Park

About This Home

As of May 2023

Now is your chance to create new memories in this lush, single-level penthouse condo in the heart of West Hollywood. Extensively renovated throughout, 1,423 square feet of living space bathed in natural light. Enjoy your days in a spacious living room featuring a dramatic fire place, wet bar, wine cooler, wall of glass opening to a great sitting size balcony with unobstructed views of Southern California's ideal for entertaining. Open floor plan offering sun-filled kitchen with views of the east side, stainless steel appliances, two spacious bedrooms, and two redesigned bathrooms.

Last Agent to Rent the Property

Bijan Raphael

Casey Bohn License #01321985 Listed on: 12/29/2022

Casey Bohn

Co-Listed By

Tikva Nemani

Compass License #01514645

Last Renter's Agent

Danny Azad

Compass License #02137393

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,809

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • South Facing Home
  • Gated Home

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Garage Door Opener
  • Automatic Gate
  • Controlled Entrance

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Park or Greenbelt

Home Design

  • Penthouse
  • Midcentury Modern Architecture

Interior Spaces

  • 1,423 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Living Room Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Security Deposit $5,450
  • $300 Move-In Fee
  • Tenant pays for electricity, cable TV, insurance, move in fee, move out fee
  • Rent includes water, trash collection, gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5554-024-052

Community Details

Overview

  • Association fees include trash, water
  • 16 Units
  • Ross Morgan & Company, Inc. Association, Phone Number (323) 654-2665
  • Low-Rise Condominium

Amenities

  • Community Mailbox
  • Elevator

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Building Details

  • Rent Control

Security

  • Security Service
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,809

Year Built

Built in 1961 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Credit Report Amount: 50.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Rent Control: Yes
  • Rent Includes: Water, Trash Collection, Gardener
  • Security Deposit: 5450
  • Tenant Pays: Electricity, Cable TV, Insurance, Move In Fee, Move Out Fee
  • Total Move In Costs: 300.00

Listing Details

  • Property Type: Residential Lease
  • Style: Mid-Century
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Fountain Springs Manor Owners Association
  • Entry Floor: 1
  • Entry Location: Penthouse
  • Lease Terms: 1+Year
  • Living Area: 1423
  • Lot Acreage: 0.2058
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 1961
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Number Of Remote Controls: 2
  • Fireplace Rooms: Gas, Living Room, Gas Starter
  • Flooring: Laminate
  • Appliances: Cooktop - Electric, Oven-Electric, Range Hood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Closet Stacked, In Unit, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Elevator, Freezer, Garbage Disposal, Hood Fan, Microwave, Washer, Stackable W/D Hookup, Refrigerator, Range/Oven, Vented Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 3.83

Exterior Features

  • Balcony: Yes
  • Direction Faces: South
  • Other Features: Balcony, Sliding Glass Doors
  • Tennis Court Y/N: No
  • Exposure: Corner
  • Patio: Living Room Balcony, Covered
  • Pool: No
  • Spa Yn: No
  • View: City Lights, City, Green Belt, Panoramic, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Gated, Side By Side, Community Garage, Auto Driveway Gate, Covered Parking, Door Opener, Attached, Assigned, Controlled Entrance, Direct Entrance
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Community, Smoke Detector, Gated

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Elevator, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access
  • Pet Rules: Assoc Pet Rules, Call, Permitted Types, Weight Limit

Condo/Co-op/Association

  • Association Fees Include: Trash, Water
  • Management Company: Ross Morgan & Company, Inc.
  • Mgmt Co 2: Alec Schechter
  • Mgmt Co Phone: 8189076622|
  • Mgmt Co 2 Phone: 8189076622|247
  • Phone: 3236542665|
  • Unit Location: Front

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5554-024-052
  • Lot Size Area: 8963

Multi Family

  • Number Of Units: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2022
Sold by
National Default Servicing Corporation
Bought by
Ds Housing Ahp-01 Lp
Current Estimated Value
$1,197,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,597
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2022
Sold by
Fountain Springs Manor Owners Associatio
Bought by
Patrick W Kibby Living Trust and Ernest J Romero Living Trust

Purchase Details

Closed on
Sep 29, 2021
Sold by
Kibby Patrick W and The Patrick W Kibby Living Tru
Bought by
Clw Properties Llc

Purchase Details

Closed on
Jan 12, 2018
Sold by
Romero Ernest J and Ernest J Romero Living Trust
Bought by
Kibby Patrick W and The Patrick W Kibby Living Tru

Purchase Details

Closed on
Feb 2, 2007
Sold by
Romero Ernest J and Kibby Patrick W
Bought by
Romero Ernest J and The Ernest J Romero Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2007
Sold by
Romero Ernest J and Ernest J Romero Living Trust
Bought by
Romero Ernest J and Kibby Patrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2006
Sold by
Kibby Patrick and Romero Ernest
Bought by
Kibby Patrick W and Romero Ernest J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2005
Sold by
Romero Ernest J
Bought by
Romero Ernest J and Ernest J Romero Living Trust

Purchase Details

Closed on
Jun 13, 2003
Sold by
Stapleton Thomas R
Bought by
Kibby Patrick W and Romero Ernest J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,500
Interest Rate
5.53%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 31, 2000
Sold by
Neil Loyd E and Pirelli Guy J
Bought by
Stapleton Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
8.16%

Purchase Details

Closed on
Aug 5, 1997
Sold by
The Prudential Home Mtg Company Inc
Bought by
Citicorp Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.42%

Purchase Details

Closed on
Jul 15, 1997
Sold by
Citicorp Inc
Bought by
Neil Loyd E and Pirelli Guy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.42%

Purchase Details

Closed on
May 8, 1997
Sold by
Dembeck Richard and Prudential Home Mtg Company In
Bought by
Prudential Home Mtg Company Inc
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
Ds Housing Ahp-01 Lp $625,000 None Listed On Document
Patrick W Kibby Living Trust $35,000 None Listed On Document
Clw Properties Llc $35,000 None Available
Kibby Patrick W -- None Available
Romero Ernest J -- Old Republic Title Company
Romero Ernest J -- Old Republic Title Company
Kibby Patrick W -- Accommodation
Kibby Patrick -- Ort
Romero Ernest J -- --
Kibby Patrick W -- --
Kibby Patrick W $268,000 Stewart Title Of Ca Inc
Stapleton Thomas R $295,000 United Title Company
Citicorp Inc -- --
Neil Loyd E $135,000 Old Republic Title
Prudential Home Mtg Company Inc $150,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ds Housing Ahp-01 Lp $228,800
Closed Ds Housing Ahp-01 Lp $500,000
Closed Breckenridge Property Fund 201 $521,597
Previous Owner Romero Ernest J $200,000
Previous Owner Kibby Patrick $100,000
Previous Owner Romero Ernest J $482,000
Previous Owner Kibby Patrick W $267,500
Previous Owner Stapleton Thomas R $264,000
Previous Owner Stapleton Thomas R $221,250
Previous Owner Neil Loyd E $121,000
Closed Stapleton Thomas R $44,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Rented $5,650 +3.7% --
03/26/2023 03/26/23 Under Contract -- -- --
03/14/2023 03/14/23 Price Changed $5,450 -8.4% $4 / Sq Ft
02/24/2023 02/24/23 Price Changed $5,950 -7.0% $4 / Sq Ft
02/07/2023 02/07/23 Price Changed $6,400 -7.9% $4 / Sq Ft
01/13/2023 01/13/23 Price Changed $6,950 -6.7% $5 / Sq Ft
12/29/2022 12/29/22 For Rent $7,450 0.0% --
12/28/2022 12/28/22 Sold $1,025,000 -4.7% $720 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/05/2022 11/05/22 For Sale $1,075,000 -- $755 / 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 $12,809 $1,066,410 $358,938 $707,472
2024 $12,809 $1,045,500 $351,900 $693,600
2023 $11,713 $951,354 $570,792 $380,562
2022 $8,667 $719,122 $471,775 $247,347
2021 $8,603 $705,023 $462,525 $242,498
2019 $8,322 $684,113 $448,807 $235,306
2018 $6,140 $496,416 $210,022 $286,394
2016 $5,874 $477,141 $201,867 $275,274
2015 $5,782 $469,975 $198,835 $271,140
2014 $5,781 $460,770 $194,941 $265,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-227935

The MLS

APN: 5554-024-052