NOT LISTED FOR SALE

Sierra Towers 9255 Doheny Rd Unit 1702-04-06 West Hollywood, CA 90069

Estimated Value: $5,182,000 - $10,358,128

5 Beds
8 Baths
5,635 Sq Ft
$1,348/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $11,000,000 $1,952 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $54,985/month

274 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Heated In Ground Pool
  • West Hollywood Elementary School Rated A-
  • 24-Hour Security
  • City Lights View

About This Home

As of April 2019

Half Floor at Sierra Towers. Stretching corner-to-corner, with over 150 feet of frontage. Three exposures with unobstructed views facing South, East and West. A blank canvas of voluminous raw space, offering the opportunity to create a custom masterpiece in one of the most spectacular settings in the world. 10' finished ceilings possible. A rare and exceptional offering for the most discerning visionary buyer.

Last Agent to Sell the Property

Paul Stukin

Christie's International Real Estate SoCal License #01449014 Listed on: 06/04/2018

Christie's International Real Estate SoCal

Co-Listed By

Joshua Greer

Carolwood Estates License #01732418

Carolwood Estates

Last Buyer's Agent

Joshua Greer

Carolwood Estates License #01732418

Carolwood Estates

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $63,863

Year Built

  • Built in 1965 | Under Construction

Lot Details

  • 0.74

HOA Fees

  • $7,194 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 5,635 Sq Ft Home
  • City Lights Views
  • Laundry in unit

Parking

  • 5 Parking Spaces
  • Guest Parking
  • Parking Garage Space

Additional Features

  • Heated In Ground Pool
  • 0.74 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4392-014-103

Community Details

Overview

  • 146 Units
  • High-Rise Condominium
  • 32-Story Property

Amenities

  • Valet Parking
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Co-Op

Est. Annual Taxes

$63,863

Year Built

Built in 1965 | Under Construction

Lot Details

0

HOA Fees

$7,194 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Sierra Towers
  • Entry Floor: 17
  • Living Area: 5635
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Under Construction
  • Stories: 32
  • Unit Floor In Building: 17
  • Year Built: 1965
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Full Bathroom: 0
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Den: 0
  • Price Per S Q F T: 2749.78

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Heated
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Community Garage, Parking for Guests, Valet
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: 24 Hour, Community

Association/Amenities

  • Amenities: Controlled Access, Elevator, Fitness Center, Pool, Security, Switchboard, Valet Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 7193.87
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4392-014-103
  • Geocode Override: No
  • Lot Size Area: 32195

Multi Family

  • Number Of Units: 146

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Mar 28, 2019
Sold by
H & E Llc
Bought by
Sierra Towers 17 Property Llc
Seller's Agent
Paul Stukin
Christie's International Real Estate SoCal
Buyer's Agent
Joshua Greer
Carolwood Estates
List Price
$15,495,000
Sold Price
$11,000,000
Premium/Discount to List
-$4,495,000
-29.01%
Total Days on Market
274
Current Estimated Value
$7,594,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,405,468
Avg. Annual Appreciation
-2.64%

Purchase Details

Closed on
Mar 6, 2017
Sold by
Swan Thomas J and Swan Joseph
Bought by
H & E Llc

Purchase Details

Closed on
Apr 10, 2015
Sold by
Swan Sierra Llc
Bought by
Swan Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2013
Sold by
Legassi Investments Llc
Bought by
Swan Sierra Llc

Purchase Details

Closed on
Nov 4, 2008
Sold by
Bakay Nicholas and Bakay Robin
Bought by
Legassi Investments Llc

Purchase Details

Closed on
Apr 14, 2008
Sold by
Bakay Nicholas and Bakay Robin
Bought by
Bakay Nicholas and Bakay Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2001
Sold by
Bakay Nicholas and Bakay Robin
Bought by
Bakay Nicholas and Bakay Robin

Purchase Details

Closed on
Dec 4, 1997
Sold by
Miller Paul A
Bought by
Bakay Nicholas and Bakay Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
7.75%
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
Sierra Towers 17 Property Llc $11,000,000 Equity Title
H & E Llc $13,500,000 Equity Title Company
Swan Thomas J -- Fidelity National Title Co
Swan Sierra Llc $2,600,026 Equity Title Los Angeles
Legassi Investments Llc $2,000,000 None Available
Bakay Nicholas -- Stewart Title Irvine
Bakay Nicholas -- Stewart Title Irvine
Bakay Nicholas -- --
Bakay Nicholas $550,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swan Thomas J $1,750,000
Previous Owner Swan Thomas J $1,000,000
Previous Owner Swan Sierra Llc $2,700,000
Previous Owner Swan Sierra Llc $2,730,000
Previous Owner Bakay Nicholas $1,250,000
Previous Owner Bakay Nicholas $283,000
Previous Owner Bakay Nicholas $388,000
Previous Owner Bakay Nicholas $473,000
Previous Owner Bakay Nicholas $465,000
Previous Owner Bakay Nicholas $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2019 04/18/19 Sold $11,000,000 -29.0% $1,952 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
06/04/2018 06/04/18 For Sale $15,495,000 -- $2,750 / 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
2024 $63,863 $5,325,561 $218,727 $5,106,834
2023 $62,713 $5,221,139 $214,439 $5,006,700
2022 $59,511 $5,118,765 $210,235 $4,908,530
2021 $58,899 $5,018,398 $206,113 $4,812,285
2020 $59,441 $4,966,941 $204,000 $4,762,941
2019 $73,526 $6,320,430 $5,202,000 $1,118,430
2018 $73,125 $6,196,500 $5,100,000 $1,096,500
2016 $32,556 $2,746,778 $2,080,471 $666,307
2015 $32,028 $2,705,520 $2,049,221 $656,299
2014 $31,500 $2,611,804 $2,009,080 $602,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-351062

The MLS

APN: 4392-014-103