8516 Hedges Place Los Angeles, CA 90069
Hollywood Hills West Neighborhood
5
Beds
5
Baths
3,641
Sq Ft
0.27
Acres
Highlights
- Ocean View
- Fireplace in Kitchen
- Wood Flooring
- Heated In Ground Pool
- Traditional Architecture
- Laundry Room
About This Home
As of February 2023Great developing opportunity for those seeking in the Sunset Strip area. One of the best properties in town with amazing views of the Los Angeles. Located on a promontory overlooking the city on an exceptional street with $5-10 million and over homes.
Last Agent to Sell the Property
Sotheby's International Realty License #01247414 Listed on: 01/13/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $180,703
Year Built
- Built in 1939
Lot Details
- 0.27 Acre Lot
- Property is zoned LAR1
Property Views
- Ocean
- City Lights
Home Design
- Traditional Architecture
Interior Spaces
- 3,641 Sq Ft Home
- 2-Story Property
- Living Room with Fireplace
- 2 Fireplaces
- Dining Room
- Wood Flooring
- Fireplace in Kitchen
- Laundry Room
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Parking
- 2 Parking Spaces
- Carport
Additional Features
- Heated In Ground Pool
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 5559-022-015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2023
Closed on
Jan 17, 2023
Sold by
Lah Trust
Bought by
Hedges 516 Lp
Seller's Agent
Lolita Bagramyan
The Beverly Hills Estates
Buyer's Agent
Christina Kim
Keller Williams Larchmont
List Price
$14,600,000
Sold Price
$14,600,000
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,564,353
Avg. Annual Appreciation
-16.72%
Purchase Details
Closed on
Jun 7, 2019
Sold by
King Michael and King Marianna
Bought by
Katzenstein Andrew M and Lah Trust
Purchase Details
Listed on
Sep 13, 2018
Closed on
Dec 13, 2018
Sold by
8516 Hedges Place Llc
Bought by
King Michael and King Marianna
Seller's Agent
Tyrone McKillen
Plus Real Estate
Buyer's Agent
Roger Perry
Rodeo Realty
List Price
$13,900,000
Sold Price
$12,875,000
Premium/Discount to List
-$1,025,000
-7.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.57%
Original Mortgage
$3,500,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jan 13, 2014
Closed on
Mar 4, 2014
Sold by
Hergenroeder Roy C and Hergenroeder Dorothy J
Bought by
8516 Hedges Place Llc
Seller's Agent
Jeffrey Hobgood
Sotheby's International Realty
Buyer's Agent
Tyrone McKillen
Plus Real Estate
List Price
$2,999,000
Sold Price
$3,350,000
Premium/Discount to List
$351,000
11.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.55%
Original Mortgage
$1,890,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jul 26, 2001
Sold by
Hergenroeder Roy C and Hergenroeder Dorothy J
Bought by
Hergenroeder Roy C and Hergenroeder Dorothy J
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $14,600,000 | Fidelity National Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $12,875,000 | Equity Title Company | |
| Grant Deed | $3,350,033 | Equity Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $3,500,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,890,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/08/2023 02/08/23 | Sold | $14,600,000 | 0.0% | $2,616 / Sq Ft |
| 02/08/2023 02/08/23 | Pending | -- | -- | -- |
| 02/06/2023 02/06/23 | For Sale | $14,600,000 | +13.4% | $2,616 / Sq Ft |
| 02/06/2019 02/06/19 | Sold | $12,875,000 | -7.4% | $1,839 / Sq Ft |
| 12/11/2018 12/11/18 | Pending | -- | -- | -- |
| 09/13/2018 09/13/18 | For Sale | $13,900,000 | 0.0% | $1,986 / Sq Ft |
| 06/23/2014 06/23/14 | Rented | $10,000 | -33.3% | -- |
| 06/23/2014 06/23/14 | Under Contract | -- | -- | -- |
| 03/17/2014 03/17/14 | For Rent | $15,000 | 0.0% | -- |
| 03/13/2014 03/13/14 | Sold | $3,350,000 | +11.7% | $920 / Sq Ft |
| 01/13/2014 01/13/14 | For Sale | $2,999,000 | -- | $824 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $180,703 | $14,892,000 | $11,220,000 | $3,672,000 |
| 2023 | $166,526 | $13,804,599 | $5,763,084 | $8,041,515 |
| 2022 | $158,715 | $13,533,922 | $5,650,083 | $7,883,839 |
| 2021 | $156,862 | $13,268,552 | $5,539,298 | $7,729,254 |
| 2019 | $64,943 | $5,450,721 | $2,736,252 | $2,714,469 |
| 2018 | $64,661 | $5,343,845 | $2,682,600 | $2,661,245 |
| 2016 | $41,893 | $3,469,039 | $2,635,642 | $833,397 |
| 2015 | $41,277 | $3,416,932 | $2,596,053 | $820,879 |
| 2014 | $3,728 | $266,688 | $108,414 | $158,274 |
Source: Public Records
Agents Affiliated with this Home
-
Lolita Bagramyan
Seller's Agent in 2023
Lolita Bagramyan
The Beverly Hills Estates
(310) 748-7717
1 in this area
17 Total Sales
-
Ben Bacal
Seller Co-Listing Agent in 2023
Ben Bacal
Revel Real Estate
(214) 502-0366
13 in this area
43 Total Sales
-
Christina Kim
Buyer's Agent in 2023
Christina Kim
Keller Williams Larchmont
(310) 944-8611
1 in this area
87 Total Sales
-
Tyrone McKillen
Seller's Agent in 2019
Tyrone McKillen
Plus Real Estate
(949) 212-8721
11 in this area
55 Total Sales
-
Patrick Fogarty
Seller Co-Listing Agent in 2019
Patrick Fogarty
Carolwood Estates
(310) 779-2415
9 in this area
21 Total Sales
-
Roger Perry
Buyer's Agent in 2019
Roger Perry
Rodeo Realty
(213) 999-1838
7 in this area
101 Total Sales
Map
Source: The MLS
MLS Number: 14-729219
APN: 5559-022-019
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