NOT LISTED FOR SALE

Estimated Value: $1,303,000 - $3,040,000

2 Beds
2 Baths
2,158 Sq Ft
$1,097/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $3,000,000 $1,390 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $15,593/month

46 Days on Market

Highlights

  • Art Studio
  • City Lights View
  • Wood Flooring
  • Wonderland Avenue Elementary Rated A
  • Dual Staircase
  • High Ceiling

About This Home

As of December 2021

A once-in-a-lifetime opportunity to own an architectural masterpiece built by one of the icons of Midcentury design, A. Quincy Jones, FAIA.

Built in 1938, the Quincy Jones Residence and Studio represents the architect’s first works, in which he collaborated with his newlywed partner Ruth Schneider, to design and build their first home together.

Built across two lots and carefully blended along the native chaparral of Laurel Canyon, the 2,156-square-foot property was designed as a duplex and later converted into a multipurpose space. The couple continued to use one unit as their residence while the other became A.Q Jones’ creative office and architecture studio.

The iconic property rests on a protected sanctuary filled with roaming deer, birds and other local wildlife. In the living room, 14-foot ceilings doors and windows frame unobstructed Downtown Los Angeles views. Below, two bedrooms, one office and two bathrooms - all controlled via independent dual zone HVAC systems.

Today, the iconic structure is back to its original Duplex form and currently rents independently for a total of $17,000/month.

Minutes from Hollywood, West Hollywood and Studio City.
Buyer has the opportunity to purchase 4 additional lots for additional $1,200,000.00. Seller prefers to sale all together.

Last Agent to Sell the Property

Ramon Ocon

Newinds Realty License #01323839 Listed on: 10/04/2021

Last Buyer's Agent

Ramon Ocon

Newinds Realty License #01323839 Listed on: 10/04/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 6,032 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Canyon
  • Mountain

Home Design

  • Duplex

Interior Spaces

  • 2,158 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • High Ceiling
  • Living Room with Fireplace
  • Art Studio
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Dressing Area
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Urban Location

Utilities

  • Two cooling system units
  • Forced Air Heating System
  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 3 / 1
  • Tax Tract Number 1975
  • Assessor Parcel Number 5567016039
  • $339 per year additional tax assessments

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5567016039
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2158.00 Square Feet
  • Interior Amenities: 2 Staircases, High Ceilings
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1390.18
  • Room Type: All Bedrooms Down, Art Studio, Dressing Area

Exterior Features

  • Patio: Yes
  • View: Canyon, City Lights, Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Forced Air, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6032.00
  • Lot Size Acres: 0.1385

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6032.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 1942.00
  • Tax Lot: 3
  • Tax Tract Number: 1975
  • TaxOtherAnnualAssessmentAmount: 339.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2015
Closed on
Dec 2, 2015
Sold by
Myers Jeffery L and Maher Michael
Bought by
Dream Collection Llc
Seller's Agent
Deborah Glusker
Crosby Doe Associates, Inc.
Buyer's Agent
Gabriel Jones
Keller Williams Realty Calabasas
List Price
$1,395,000
Sold Price
$1,400,000
Premium/Discount to List
$5,000
0.36%
Current Estimated Value
$2,366,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$966,696
Avg. Annual Appreciation
5.36%

Purchase Details

Closed on
Apr 15, 2003
Sold by
Coffey Linda M and The Thomas & Linda Coffey 1994
Bought by
Myers Jeffery L and Maher Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dream Collection Llc $1,400,000 Lawyers Title
Myers Jeffery L $600,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Myers Jeffery L $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2021 12/30/21 Sold $3,000,000 +10.5% $1,390 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $2,715,000 0.0% $1,258 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $2,715,000 0.0% $1,258 / Sq Ft
06/07/2021 06/07/21 Rented $8,500 -10.5% --
05/31/2021 05/31/21 Under Contract -- -- --
05/10/2021 05/10/21 For Rent $9,500 -36.7% --
09/08/2020 09/08/20 Rented $15,000 +76.5% --
08/01/2020 08/01/20 Rented $8,500 -2.9% --
06/05/2020 06/05/20 Price Changed $8,750 -50.0% $9 / Sq Ft
06/05/2020 06/05/20 Price Changed $17,500 +84.2% $8 / Sq Ft
05/07/2020 05/07/20 For Rent $9,500 -52.5% --
04/03/2020 04/03/20 For Rent $20,000 0.0% --
12/11/2015 12/11/15 Sold $1,400,000 0.0% $649 / Sq Ft View Prior Sale
11/19/2015 11/19/15 Pending -- -- --
11/05/2015 11/05/15 Price Changed $1,400,000 +0.4% $649 / Sq Ft
11/04/2015 11/04/15 For Sale $1,395,000 -- $646 / 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
2025 $38,317 $3,183,623 $2,546,899 $636,724
2024 $37,848 $3,121,200 $2,496,960 $624,240
2023 $37,108 $3,060,000 $2,448,000 $612,000
2022 $16,681 $1,394,396 $1,115,517 $278,879
2021 $16,476 $1,367,056 $1,093,645 $273,411
2020 $16,577 $1,353,040 $1,082,432 $270,608
2019 $15,916 $1,326,510 $1,061,208 $265,302
2018 $15,855 $1,300,500 $1,040,400 $260,100
2016 $15,132 $1,250,000 $1,000,000 $250,000
2015 $8,338 $686,890 $482,032 $204,858
2014 $8,373 $673,436 $472,590 $200,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21220836

California Regional Multiple Listing Service (CRMLS)

APN: 5567-016-039