NOT LISTED FOR SALE

8651 W Olympic Blvd Unit 305 Los Angeles, CA 90035

Pico-Robertson Neighborhood

Estimated Value: $906,000 - $1,278,000

2 Beds
3.5 Baths
1,375 Sq Ft
$488/mo HOA Fee

Last Sold August 30, 2019

Last sale price $765,000 $556 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,479/month

12 Days on Market

Highlights

  • Rooftop Deck
  • All Bedrooms Downstairs
  • Two Primary Bedrooms
  • Carthay Center Elementary School Rated 9+
  • Automatic Gate
  • Gated Community

About This Home

As of August 2019

Beverly Hills adjacent! New double-pane windows just installed, lifetime warranty will be transferred to new owner. South facing end-unit with high ceilings and large windows. Enjoy an abundance of natural light and beautiful city view. Reversed floorplan - bedrooms on lower level and laundry closet is conveniently located next to bedrooms. Master has ensuite with dual vanity and walk-in closet. 2nd bedroom has an attached full bath. Beautiful hardwood floors in living & dining, carpets in bedrooms are newer and the unit is painted. Kitchen was updated by previous owner. Loft above the living level is very spacious and can fit a queen bed, a sitting area and an office. There's an attached 3/4 bath. Owner has installed black out curtains to make the loft into an optional guest room/playroom/office. This unit has the biggest private rooftop deck with view stretching from Century City to DTLA. Tandem 2-car gated parking with storage. Close to Beverly Center, Cedars Sinai, Century City.

Last Agent to Sell the Property

Suzanne Chai

Compass License #01923205 Listed on: 07/05/2019

Compass

Last Buyer's Agent

Jonathan Pearson

Douglas Elliman License #01914386

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,003

Year Built

  • Built in 1988

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $488 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Home Design

  • Mediterranean Architecture
  • Split Level Home
  • Entry on the 3rd floor

Interior Spaces

  • 1,375 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • City Lights Views

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • Powder Room
  • Double Vanity
  • Bathtub with Shower
  • Shower Only
  • Linen Closet In Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Additional Features

  • Rooftop Deck
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4333-021-058

Community Details

Overview

  • Association fees include earthquake insurance, insurance, maintenance paid, trash, water and sewer paid
  • 15 Units
  • Association Phone (310) 487-9892
  • Maintained Community

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,003

Year Built

Built in 1988

Lot Details

0

HOA Fees

$488 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Advertising Remarks: Prime Beverly Hills adjacent neighborhood! Beverly Hills adjacent! New double-pane windows just installed, lifetime warranty will be transferred to new owner. South facing end-unit with high ceilings and large windows. Enjoy an abundance of natural light and beautiful city view. Reversed floorplan - bedrooms on lower level and laundry closet is conveniently located next to bedrooms. Master has ensuite with dual vanity and walk-in closet. 2nd bedroom has an attached full bath. Beautiful hardwood floors in living & dining, carpets in bedrooms are newer and the unit is painted. Kitchen was updated by previous owner. Loft above the living level is very spacious and can fit a queen bed, a sitting area and an office. There's an attached 3/4 bath. Owner has installed black out curtains to make the loft into an optional guest room/playroom/office. This unit has the biggest private rooftop deck with view stretching from Century City to DTLA. Tandem 2-car gated parking with storage. Close to Beverly Center, Cedars Sinai, Century City Mall, The Grove, and Pacific Design Center.
  • Complex Name: 8651 W Olympic
  • Entry Floor: 3
  • Entry Location: Foyer
  • Living Area: 1375
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1988
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Range Hood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: 2 Master Bedrooms, All Bedrooms Down
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Double Vanity(s), Linen Closet, Powder Room, Shower Over Tub, Shower Stall, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: In Closet, In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 549.09
  • Windows: Double Pane Windows, Window Blinds

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Exposure: South
  • Patio: Roof Top Deck
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Attached, Community Garage, Controlled Entrance, Covered Parking, Door Opener, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated, Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Elevator, Extra Storage, Gated Community, Gated Parking, Guest Parking
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Earthquake Insurance, Insurance, Maintenance Paid, Trash, Water and Sewer Paid
  • HOA Fees: 488.00
  • Mgmt Co Phone: 3104879892
  • Phone: 3104879892
  • HOA: Yes

Lot Info

  • Special Zoning: Rent Control
  • Assessor Parcel Number: 4333-021-058
  • 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
Jul 5, 2019
Closed on
Jul 31, 2019
Sold by
Avenida Ron Louis and Avenida Dawn Michelle
Bought by
Salar Paris
Seller's Agent
Suzanne Chai
Compass
Buyer's Agent
Jonathan Pearson
Douglas Elliman
List Price
$755,000
Sold Price
$765,000
Premium/Discount to List
$10,000
1.32%
Current Estimated Value
$985,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,295
Avg. Annual Appreciation
4.72%
Original Mortgage
$612,000
Outstanding Balance
$537,097
Interest Rate
3.8%
Estimated Equity
$479,270

Purchase Details

Listed on
Aug 9, 2015
Closed on
Jan 11, 2016
Sold by
Mezheritsky Greg
Bought by
Avenida Ron Louis and Avenida Dawn Michelle
Seller's Agent
Lenny Lerman
Keller Williams Beverly Hills
Buyer's Agent
Suzanne Chai
Compass
List Price
$627,000
Sold Price
$620,000
Premium/Discount to List
-$7,000
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Original Mortgage
$496,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 1998
Sold by
8651 Investment Company Llc
Bought by
Mezheritsky Greg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
6.73%

Purchase Details

Closed on
Jun 17, 1994
Sold by
Hawthorne Financial Corp
Bought by
Hawthorne S & L Assn

Purchase Details

Closed on
Aug 9, 1993
Sold by
Kline Susan
Bought by
Century City Estates
Source: Public Records

Range of Values:

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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
Salar Paris $765,000 First American Title
Avenida Ron Louis $620,000 First American Title Company
Mezheritsky Greg $212,000 Equity Title
Hawthorne S & L Assn $235,000 World Title
Century City Estates -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salar Paris $612,000
Previous Owner Avenida Ron Louis $496,000
Previous Owner Mezheritsky Greg $169,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2019 08/30/19 Sold $765,000 +1.3% $556 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $755,000 +21.8% $549 / Sq Ft
01/25/2016 01/25/16 Sold $620,000 -1.1% $451 / Sq Ft View Prior Sale
12/03/2015 12/03/15 For Sale $627,000 0.0% $456 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/01/2015 11/01/15 Price Changed $627,000 -3.0% $456 / Sq Ft
10/02/2015 10/02/15 Price Changed $646,500 -3.4% $470 / Sq Ft
08/09/2015 08/09/15 For Sale $669,000 -- $487 / 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 $10,003 $836,636 $328,093 $508,543
2024 $10,003 $820,232 $321,660 $498,572
2023 $9,811 $804,150 $315,353 $488,797
2022 $9,354 $788,383 $309,170 $479,213
2021 $9,235 $772,925 $303,108 $469,817
2019 $7,876 $657,948 $318,362 $339,586
2018 $7,852 $645,048 $312,120 $332,928
2016 $3,380 $280,741 $148,315 $132,426
2015 $3,330 $276,525 $146,088 $130,437
2014 $3,346 $271,109 $143,227 $127,882
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Chai

    Seller's Agent in 2019

    Suzanne Chai

    Compass

    (310) 487-9892

    25 Total Sales

    Suzanne Chai
    Section Image
  • Jonathan Pearson

    Buyer's Agent in 2019

    Jonathan Pearson

    Douglas Elliman

    (310) 490-4716

    33 Total Sales

    Jonathan Pearson
    Section Image
  • Lenny Lerman

    Seller's Agent in 2016

    Lenny Lerman

    Keller Williams Beverly Hills

    (310) 777-0011

    1 in this area

    37 Total Sales

    Lenny Lerman
    Section Image
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Map

Source: The MLS

MLS Number: 19-484116

The MLS

APN: 4333-021-058

California Los Angeles County Los Angeles 90035 Pico-Robertson

8651 W Olympic Blvd Unit 305, Los Angeles, CA

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