NOT LISTED FOR SALE

8723 Lookout Mountain Ave Los Angeles, CA 90046

Hollywood Hills West Neighborhood

Estimated Value: $1,601,201 - $2,547,000

3 Beds
3 Baths
856 Sq Ft
$2,230/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $1,710,000 $1,998 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,136/month

7 Days on Market

Highlights

  • Canyon View
  • Living Room with Fireplace
  • Modern Architecture
  • Wonderland Avenue Elementary Rated A
  • Wood Flooring
  • No HOA

About This Home

As of June 2020

A modern hideaway in Laurel Canyon. This completely renovated retreat features striking interiors, updated systems, and gated street-to-street lot. The dramatic vaulted living room with restored wood-burning fireplace showcases lovely canyon views. An open concept layout features kitchen with waterfall quartz counters and eat-in island, dining area, and office nook. Beyond the striking a-frame wall of glass is the dining terrace for easy indoor/outdoor entertaining. The main level is complete with 2 bedrooms, 2 bathrooms, & laundry. Lower level master suite with direct access to the lower landscaped yard. Expert millwork throughout includes custom cabinetry and built-in closet wardrobes. The property also features detached garage and parking pad. Thoughtful design centered around nature and the outdoors makes this special home a place for rest, entertaining, and everyday living. A fabulous location in the canyon, moments from award winning Wonderland Elementary School.

Last Agent to Sell the Property

Joseph Reichling

Compass License #01427385 Listed on: 05/20/2020

Compass

Co-Listed By

Boni Bryant

Compass License #01245334

Last Buyer's Agent

Diana Braun

Compass License #01362342

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,315

Year Built

  • Built in 1930

Lot Details

  • 3,000 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Home Design

  • Modern Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Canyon Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5563-016-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,315

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room, Wood Burning
  • Flooring: Tile, Wood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Canyon
  • View: Yes

Garage/Parking

  • Parking Garage: Garage, Parking Space
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5563-016-015
  • Geocode Override: No
  • Lot Size Area: 3000

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Jun 4, 2020
Sold by
Development House No 1 Llc
Bought by
Barnett Guy and Chiou Janice C
Seller's Agent
Joseph Reichling
Compass
Buyer's Agent
Diana Braun
Compass
List Price
$1,699,000
Sold Price
$1,710,000
Premium/Discount to List
$11,000
0.65%
Current Estimated Value
$1,876,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,850
Avg. Annual Appreciation
2.16%
Original Mortgage
$350,000
Outstanding Balance
$311,615
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,597,185

Purchase Details

Closed on
Jan 31, 2019
Sold by
Navi Dani and Navi Rosa
Bought by
Development House No 1 Llc

Purchase Details

Listed on
Feb 7, 2018
Closed on
Mar 2, 2018
Sold by
Aguirre Concepcion
Bought by
Navi Dani and Navi Rosa
Seller's Agent
Arteom Bagian
LUX INT Real Estate
Buyer's Agent
Arteom Bagian
LUX INT Real Estate
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%

Purchase Details

Closed on
Mar 14, 2005
Sold by
Aguirre Concepcion
Bought by
Aguirre Concepcion and Concepcion Aguirre Trust

Purchase Details

Closed on
Mar 1, 2004
Sold by
Mann Walter E
Bought by
Aguirre Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Barnett Guy $1,710,000 Stewart Title Company
Development House No 1 Llc -- None Available
Navi Dani $850,000 First American Title Company
Aguirre Concepcion -- --
Aguirre Concepcion $530,000 Investors Title
Mann Walter E -- Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Guy $350,000
Previous Owner Aguirre Concepcion $555,000
Previous Owner Aguirre Concepcion $440,000
Previous Owner Aguirre Concepcion $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2020 06/26/20 Sold $1,710,000 +0.6% $1,998 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $1,699,000 +99.9% $1,985 / Sq Ft
04/20/2018 04/20/18 Sold $850,000 -5.5% $993 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $899,000 -- $1,050 / 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 $22,315 $1,870,131 $1,231,334 $638,797
2024 $22,315 $1,833,463 $1,207,191 $626,272
2023 $21,883 $1,797,514 $1,183,521 $613,993
2022 $20,886 $1,762,269 $1,160,315 $601,954
2021 $20,637 $1,727,715 $1,137,564 $590,151
2020 $14,776 $884,340 $884,340 $0
2019 $10,410 $867,000 $693,600 $173,400
2018 $7,960 $648,515 $584,794 $63,721
2016 $7,585 $623,335 $562,087 $61,248
2015 $7,474 $613,972 $553,644 $60,328
2014 $7,504 $601,946 $542,799 $59,147
Source: Public Records

Agents Affiliated with this Home

  • Joseph Reichling

    Seller's Agent in 2020

    Joseph Reichling

    Compass

    (323) 395-9084

    11 in this area

    241 Total Sales

    Section Image
  • Boni Bryant

    Seller Co-Listing Agent in 2020

    Boni Bryant

    Compass

    (323) 854-1780

    3 in this area

    80 Total Sales

    Section Image
  • Diana Braun

    Buyer's Agent in 2020

    Diana Braun

    Compass

    (310) 866-5039

    1 in this area

    66 Total Sales

    Section Image
  • Arteom Bagian

    Seller's Agent in 2018

    Arteom Bagian

    LUX INT Real Estate

    (310) 745-0747

    1 Total Sale

    Section Image
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Map

Source: The MLS

MLS Number: 20-581164

The MLS

APN: 5563-016-015

California Los Angeles County Los Angeles 90046 Hollywood Hills West

8723 Lookout Mountain Ave, Los Angeles, CA

This home is located at 8723 Lookout Mountain Ave, Los Angeles, CA 90046 since 20 May 2020 and is currently estimated at $1,908,800, approximately $2,229 per square foot. This property was built in 1930. 8723 Lookout Mountain Ave is a home located in Los Angeles County with nearby schools including Wonderland Avenue Elementary, Hubert Howe Bancroft Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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