$1,700,000
SOLD APR 7, 2025
3 Beds
2 Baths
1,740 Sq Ft
6,638 Sq Ft Lot

Recently Sold

$977 Per Sq Ft

13% Below List Price

48 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Breakfast Area or Nook
  • Wood Flooring
  • No HOA
  • Laundry Room

About This Home

As of April 2025

DEVELOPMENT OPPORTUNITY - zoned LAR2 allows for maximum development potential for a newly constructed single-family home and/or the perfect opportunity to restore this Spanish home to its original charm. This home features good bones, a living room with high vaulted ceilings, hardwood floors throughout, a wood-burning fireplace, and a lushly landscaped tranquil backyard with a mature avocado tree. Prime Beverly Grove / Melrose location, within close proximately to The Grove, The Beverly Center and 3rd St dining.

Last Agent to Sell the Property

Scott Ammann

The Beverly Hills Estates License #01295980 Listed on: 02/01/2025

The Beverly Hills Estates

Last Buyer's Agent

Priscilla Jung

The Beverly Hills Estates License #02116124

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,559

Year Built

  • Built in 1922

Lot Details

  • 6,638 Sq Ft Lot
  • Property is zoned LAR2

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,740 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5527-003-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,559

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1740
  • Lot Acreage: 0.1524
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Washer, Refrigerator, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 1120.69

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5527-003-026
  • Lot Size Area: 6638

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Mar 3, 2025
Sold by
Evelyn Knafo Family Trust and Knafo Daniel Arie
Bought by
Ibg Investment Llc
Seller's Agent
Scott Ammann
The Beverly Hills Estates
Buyer's Agent
Priscilla Jung
The Beverly Hills Estates
List Price
$1,950,000
Sold Price
$1,700,000
Premium/Discount to List
-$250,000
-12.82%
Views
21
Current Estimated Value
$1,785,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,877
Avg. Annual Appreciation
10.30%

Purchase Details

Closed on
Nov 14, 2002
Sold by
Knafo Evelyn
Bought by
Knafo Evelyn and The Evelyn Knafo Family Trust
Source: Public Records

Similar Homes in Los Angeles, CA

  • 749 N Crescent Heights Blvd, Los Angeles, CA 90046

    $1,699,999

    • 4 Beds
    • 2 Baths
    • 1,620 Sq Ft
    • 749 N Crescent Heights Blvd
    • Los Angeles, CA

    Welcome to 749 N Crescent Heights, a peaceful and inviting traditional four-bedroom, two-bathroom home nestled behind tall privacy hedges and an electric gate. This mini compound offers a rare sense of seclusion right in the middle of one of LA's most vibrant neighborhoods. The layout is warm and functional, with two spacious primary bedrooms located at the back of the home, each opening through

    Sebastian Wolski Compass

    Section Image
  • 8944 Wonderland Ave, Los Angeles, CA 90046

    $1,375,000

    • 2 Beds
    • 2 Baths
    • 1,126 Sq Ft
    • 8944 Wonderland Ave
    • Los Angeles, CA

    Tucked near the top of iconic Wonderland Avenue, in a celebrity enclave within the magical Laurel Canyon community, this 1956 Storybook Cottage has been thoughtfully remodeled to suit contemporary living while honoring its original charm. Warm, soft, and grounded in natural, neutral tones, this home radiates tranquility. One must see in person to truly feel the magic. The brand-new kitchen is a

    Mark Diffie Lotus Estate Properties

    Section Image
  • 2729 Hollyview Ct, Los Angeles, CA 90068

    $1,899,999

    • 4 Beds
    • 3.5 Baths
    • 3,026 Sq Ft
    • 2729 Hollyview Ct
    • Los Angeles, CA

    Welcome to your private Hollywood Hills getaway! Tucked away on a quiet cul-de-sac within the exclusive gated community of Beau Monde, this serene retreat offers an elevated living experience in one of LA’s most coveted enclaves. Step inside to a bright and airy open-concept floor plan that features a chef’s kitchen outfitted with sleek stainless steel appliances, an inviting breakfast nook and

    Dennis Chernov The Agency

    Section Image
  • 1329 S Genesee Ave, Los Angeles, CA 90019

    $2,050,000

    • 3 Beds
    • 2.5 Baths
    • 3,042 Sq Ft
    • 1329 S Genesee Ave
    • Los Angeles, CA

    Welcome to 1329 S Genesee Ave, a stunning single-family residence with classic charm with modern day conveniences. This spacious home offers 3,042 square feet of living space.As you step inside, you are greeted by an charming entry that connects the living areas, creating an ideal setting for both everyday living and hosting gatherings. The cozy kitchen is equipped with modern appliances and

    Ron Jackson - Probate\Trust Specialist Compass

    Section Image
  • 5934 W Luna Park, Los Angeles, CA 90035

    $1,449,000

    • 4 Beds
    • 3.5 Baths
    • 2,004 Sq Ft
    • 5934 W Luna Park
    • Los Angeles, CA

    SELLER MOTIVATED!! Welcome to 5934 W Luna Park in the coveted Faircrest Collection. This 4 Bedroom, 3.5 Bath unit has a direct access private 2 car garage that is accessed through the security gates to enter the complex. Lower level bedroom and bathroom are great for an office or maids quarters. Open living and dining area on the second level with high ceilings make entertaining great! 3 bedrooms

    Rob Kellner Avenue Realty Group

    Section Image
  • 6245 Scenic Ave, Los Angeles, CA 90068

    $1,995,000

    • 4 Beds
    • 3 Baths
    • 4,218 Sq Ft
    • 6245 Scenic Ave
    • Los Angeles, CA

    Investor or Developer Opportunity in the Hollywood Hills!Located in the historic and vibrant Hollywood Dell, 6245 Scenic Dr presents a rare opportunity to reimagine a hillside gem in one of Los Angeles’ most coveted enclaves. Surrounded by lush landscaping and soaring cypress trees, this private corner lot offers stunning views, just moments from the energy of Hollywood.In

    Jeff Russell eXp Realty of California Inc

    Section Image
  • 2228 Vista Del Mar Place, Los Angeles, CA 90068

    $1,500,000

    • 2 Beds
    • 2 Baths
    • 1,660 Sq Ft
    • 2228 Vista Del Mar Place
    • Los Angeles, CA

    First time on the market in nearly 50 years, this prime Beachwood Canyon custom-built mid-century exudes extraordinary craftsmanship and quality, with art-deco design elements and stylish flourishes throughout. Located on a quiet cul-de-sac, this wonderfully private home enjoys a magical garden (complete with a spa grotto and waterfalls) that cascades to a spacious, secluded dining patio. Orange,

    Peter Lavin Links Real Estate

    Section Image
  • 7010 Loyal Trail, Los Angeles, CA 90068

    $1,499,999

    • 2 Beds
    • 3 Baths
    • 1,806 Sq Ft
    • 7010 Loyal Trail
    • Los Angeles, CA

    VIEWS! VIEWS! VIEWS!Welcome to 7010 Loyal Trail, where breathtaking views and tranquil living come together in perfect harmony. This stunning 3-story single-family home features 2 bedrooms and 3 bathrooms, thoughtfully designed to offer both modern elegance and peaceful retreat.Nestled in a serene hillside neighborhood, this home feels worlds away from the city’s hustle — yet offers quick

    Vartan Achabahian Prospect Group Inc.

    Section Image
  • 5342 Lemon Grove Ave, Los Angeles, CA 90038

    $1,399,000

    • 5 Beds
    • 3.5 Baths
    • 1,869 Sq Ft
    • 5342 Lemon Grove Ave
    • Los Angeles, CA

    Tucked behind gates in the heart of Melrose Hill, this beautifully updated 5-Bedroom, 3.5-Bathroom property is the kind of rare find that checks every box for homeowners, multi-gen families, or savvy investors. The Main Home offers 4BD/2.5BA across 1,536 Sqft, with tasteful designer finishes like Hardwood Floors, Crown Molding, Recessed Lighting, and a Brick Fireplace that adds just the right

    Rob Kellner Avenue Realty Group

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,700,000 Old Republic Title
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $1,700,000 -12.8% $977 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $1,950,000 -- $1,121 / 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 $1,559 $1,499,400 $1,346,400 $153,000
2024 $1,559 $110,702 $75,856 $34,846
2023 $1,536 $108,532 $74,369 $34,163
2022 $1,476 $106,405 $72,911 $33,494
2021 $1,445 $104,320 $71,482 $32,838
2019 $1,405 $101,228 $69,363 $31,865
2018 $1,344 $99,244 $68,003 $31,241
2016 $1,268 $95,392 $65,363 $30,029
2015 $1,251 $93,960 $64,382 $29,578
2014 $1,266 $92,120 $63,121 $28,999
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 25-489675

The MLS

APN: 5527-003-026