NOT LISTED FOR SALE

Estimated Value: $1,046,000 - $1,197,000

3 Beds
1.5 Baths
1,456 Sq Ft
$772/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $847,500 $582 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,146/month

55 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Covered patio or porch
  • STEM Academy at Bernstein High Rated A-
  • No HOA
  • Breakfast Area or Nook

About This Home

As of December 2019

Great opportunity to build your dream property or ideal investment property to develop and build multi family housing in this desirable “East Hollywood” location! This 5,151 sqft lot in the Melrose corridor is zoned R2, which allows Investors or home buyers to build a duplex/triplex or remodel this single family home to their personal taste. Currently, this home offers 3 bedrooms and 1.5 bathrooms. Open floor with extra large formal dining room and living room. Enclosed porch with high vaulted wood ceiling and beams, perfect for an office or for an extra bedroom. Kitchen with appliances: refrigerator, stove, dishwasher, microwave! Good size bedrooms with lots of closet space. Separate laundry with washer/dryer. Large green backyard with fruit trees, covered patio and outdoor kitchenette, perfect for summer BBQs and entertaining. Entirely fenced property with a long driveway and a detached 2 car garage at the end of it, that you can convert into a bonus room that could be rented for extra income. Original wood floors throughout the house. This property is adjacent to Silver Lake, Kaiser Permanente, Netflix, Children's Hospital, Hollywood Presbyterian Medical Center, and Echo Park, minutes away from Griffith Park/Observatory and the Greek Theater, close to Larchmont Village, Hancock Park, and dynamic Koreatown, and of course all the glamorous life of Hollywood.

Last Agent to Sell the Property

Anna Apostolova

Equity Union License #01348410 Listed on: 08/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,041

Year Built

  • Built in 1920

Lot Details

  • 5,151 Sq Ft Lot
  • Wrought Iron Fence
  • Back Yard
  • Property is zoned LARD2

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Shingle Roof

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 42
  • Tax Tract Number 3471
  • Assessor Parcel Number 5538009012

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,041

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5538009012
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1456.00 Square Feet
  • Interior Amenities: Beamed Ceilings
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 582.07
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Master Bedroom
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5151.00
  • Lot Size Acres: 0.1183

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5151.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1915.00
  • Tax Lot: 42
  • Tax Tract Number: 3471

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2019
Closed on
Oct 28, 2019
Sold by
Orloff Ylilivana Krasteva
Bought by
Larson Gregory J and Larson Michelle B
Seller's Agent
Anna Apostolova
Equity Union
List Price
$975,000
Sold Price
$847,500
Premium/Discount to List
-$127,500
-13.08%
Current Estimated Value
$1,124,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,734
Avg. Annual Appreciation
5.18%
Original Mortgage
$678,000
Interest Rate
3.75%

Purchase Details

Closed on
Aug 24, 2017
Sold by
Orloff Henry J
Bought by
Orloff Yuliyana Krasteva

Purchase Details

Closed on
Sep 7, 2016
Sold by
Orloff Henry J
Bought by
Orloff Henry J and Orloff Yuliyana Krasteva

Purchase Details

Closed on
Apr 16, 2014
Sold by
Orloff Henry J
Bought by
Orloff Family Trust Of 2014

Purchase Details

Closed on
Dec 6, 2007
Sold by
Orloff Henry J and Orloff Peck Edith T
Bought by
Orloff Henry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.21%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 3, 2007
Sold by
Orloff Henry J
Bought by
Orloff Henry J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Larson Gregory J $847,500 Provident Title
Orloff Yuliyana Krasteva -- None Available
Orloff Henry J -- None Available
Orloff Family Trust Of 2014 -- None Available
Orloff Henry J -- Chicago Title Company
Orloff Henry J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larson Gregory J $660,000
Closed Larson Greogry J $40,000
Closed Larson Gregory J $678,000
Previous Owner Orloff Henry J $544,185
Previous Owner Orloff Henry J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $847,500 -13.1% $582 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
08/13/2019 08/13/19 For Sale $975,000 -- $670 / 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
2024 $11,041 $908,688 $726,951 $181,737
2023 $10,825 $890,872 $712,698 $178,174
2022 $10,316 $873,405 $698,724 $174,681
2021 $10,270 $856,280 $685,024 $171,256
2019 $915 $67,634 $45,245 $22,389
2018 $870 $66,308 $44,358 $21,950
2016 $811 $63,736 $42,637 $21,099
2015 $800 $62,780 $41,997 $20,783
2014 $810 $61,551 $41,175 $20,376
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19193319

California Regional Multiple Listing Service (CRMLS)

APN: 5538-009-012