NOT LISTED FOR SALE

8651 W Olympic Blvd Unit 101 Los Angeles, CA 90035

Pico-Robertson Neighborhood

Estimated Value: $809,989 - $907,000

2 Beds
2 Baths
1,286 Sq Ft
0.28 Acres

Last Sold May 01, 2014

Last sale price $540,000 $420 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,178/month

24 Days on Market

Highlights

  • Gated Parking
  • Two Primary Bedrooms
  • Contemporary Architecture
  • Carthay Center Elementary School Rated 9+
  • Views of Trees
  • Wood Flooring

About This Home

As of May 2014

Quiet and serene, back-end, corner condo unit. Remodeled & turn key! Large living room with high ceilings, gas fireplace & balcony, dry bar and great natural light. Upgraded kitchen w/SS appl's, granite counters, bay window w/green courtyard view. Master bedroom features a large walk in closet w/custom built-ins, large balcony, remodeled bathroom w/spa tub & separate shower. 2nd large bedroom has attached bath, large walk-in closet w/custom built-ins & nice greenery view. Interior laundry room w/storage. 2 car parking w/extra storage. Small 15 unit building, with open air, landscaped center courtyard, formal lobby, gated & secure. Great central location in LA! Freshly painted, cleaned and ready for immediate occupancy.

Last Agent to Sell the Property

Lydia Simon

Coldwell Banker Realty License #01242429 Listed on: 03/08/2014

Co-Listed By

Pamela Wilson

Compass License #01809811

Last Buyer's Agent

Linda Light

Coldwell Banker Realty License #00786737

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,942

Year Built

  • Built in 1988

Lot Details

  • 0.28

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,286 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Views of Trees

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Guest Parking
  • Parking Garage Space

Additional Features

  • Enclosed Patio or Porch
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4333-021-049

Community Details

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 15 Units
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,942

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: 8651 Olympic
  • Entry Floor: 2
  • Living Area: 1286
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1988
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed
  • 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: In Unit, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 447.12

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Exposure: NW
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Controlled Access, Elevator, Extra Storage, Gated Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 376.50
  • Unit Location: BackCorner

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4333-021-049
  • Geocode Override: No
  • Lot Size Area: 11998

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2014
Closed on
Apr 7, 2014
Sold by
Pelleg Adee
Bought by
Singer Sheri Gail
Seller's Agent
Lydia Simon
Coldwell Banker Realty
Buyer's Agent
Linda Light
Coldwell Banker Realty
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%
Current Estimated Value
$862,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,747
Avg. Annual Appreciation
4.16%
Original Mortgage
$417,100
Outstanding Balance
$315,425
Interest Rate
4.28%
Mortgage Type
New Conventional
Estimated Equity
$547,322

Purchase Details

Closed on
Dec 3, 2008
Sold by
Pelleg Roni
Bought by
Pelleg Adee

Purchase Details

Closed on
Oct 26, 1998
Sold by
Pelleg Devora
Bought by
Pelleg Roni

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
6.71%

Purchase Details

Closed on
Oct 20, 1998
Sold by
8651 Investment Company Llc
Bought by
Pelleg Roni

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
6.71%

Purchase Details

Closed on
May 4, 1998
Sold by
8651 Olympic Llc
Bought by
8651 Investment Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
7.05%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 17, 1995
Sold by
Hawthorne Svgs Fsb
Bought by
8651 Olympic Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Interest Rate
7.59%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 23, 1994
Sold by
Century City Estates
Bought by
Cesare Anthony R
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
Singer Sheri Gail $540,000 Lawyers Title
Pelleg Adee -- None Available
Pelleg Roni -- Equity Title
Pelleg Roni $180,000 Equity Title
8651 Investment Company Llc $2,200,000 Equity Title
8651 Olympic Llc $1,640,000 North American Title
Cesare Anthony R -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singer Sheri Gail $417,100
Previous Owner Pelleg Roni $100,000
Previous Owner 8651 Investment Company Llc $2,100,000
Previous Owner 8651 Olympic Llc $1,230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2014 05/01/14 Sold $540,000 -6.1% $420 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
03/08/2014 03/08/14 For Sale $575,000 -- $447 / 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 $7,942 $661,960 $301,928 $360,032
2024 $7,942 $648,981 $296,008 $352,973
2023 $7,791 $636,256 $290,204 $346,052
2022 $7,430 $623,781 $284,514 $339,267
2021 $7,334 $611,551 $278,936 $332,615
2020 $7,409 $605,281 $276,076 $329,205
2019 $7,113 $593,413 $270,663 $322,750
2018 $7,091 $581,778 $265,356 $316,422
2016 $6,778 $559,188 $255,052 $304,136
2015 $6,679 $550,789 $251,221 $299,568
2014 $4,407 $351,449 $208,724 $142,725
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lydia Simon

    Coldwell Banker Realty

  • P

    Seller Co-Listing Agent in 2014

    Pamela Wilson

    Compass

    (310) 993-1500

    3 Total Sales

    Pamela Wilson
    Section Image
  • Linda Light

    Buyer's Agent in 2014

    Linda Light

    Coldwell Banker Realty

    (310) 963-7010

    34 Total Sales

    Linda Light
    Section Image
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Map

Source: The MLS

MLS Number: 14-742753

The MLS

APN: 4333-021-049

California Los Angeles County Los Angeles 90035 Pico-Robertson

8651 W Olympic Blvd Unit 101, Los Angeles, CA

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