NOT LISTED FOR SALE

958 Hancock Ave West Hollywood, CA 90069

Estimated Value: $2,218,124 - $2,736,000

6 Beds
3 Baths
2,477 Sq Ft
$1,000/Sq Ft Est. Value

Last Sold June 13, 2024

Last sale price $650,000 $262 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $13,251/month

117 Days on Market

Highlights

  • Tudor Architecture
  • Laundry Room
  • West Facing Home
  • West Hollywood Elementary School Rated A-
  • Central Heating and Cooling System
  • Historic Home

About This Home

As of June 2024

This building is specifically intended for Very-Low, Low & Moderate-income tenants only. Rentals are subject to a covenant agreement with the City of West Hollywood that runs through 2058. Property is protected by the Mills Act. Historic Firehouse structure that was converted to residential use in the early 2000's. Unit interiors are large and pleasant, (some with hard wood floors) high ceilings and nicely appointed kitchens and baths. The subject property sits in prime West Hollywood and is just a short distance from the world famous Sunset Strip! This is ground zero for entertainment, legal, financial, educational, health care, governmental & restaurant services jobs. Close to all that Los Angeles has to offer including theaters, dining, world renown night clubs and bars and world class retail shopping districts. This is one of the most coveted rental markets in all of Los Angeles and the diverse and progressive tenant base adds to the locations allure.

Last Agent to Sell the Property

Jim Gilb

James F. Gilb License #00998653 Listed on: 01/03/2024

James F. Gilb

Last Buyer's Agent

Natty Redford

Keller Williams Hollywood Hills License #01948838

Keller Williams Hollywood Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $641

Year Built

  • Built in 1929

Lot Details

  • 5,963 Sq Ft Lot
  • Lot Dimensions are 50x120
  • West Facing Home
  • Front Yard Sprinklers
  • Historic Home

Home Design

  • Tudor Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,477 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gas, electricity, water, gardener
  • Assessor Parcel Number 4339-007-090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$641

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Tudor
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 2477
  • Lot Acreage: 0.1369
  • Lot Dimensions: 50x120
  • Probate: No
  • Stories: 1
  • Year Built: 1929
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 3
  • Number Disposal: 3
  • Bedrooms: 6
  • Laundry: Room
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal, Dishwasher
  • Price Per S Q F T: 262.41

Exterior Features

  • Direction Faces: West
  • Construction: Brick
  • Other Features: Historical
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Utilities

  • Water Heater: Gas
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front
  • Assessed Improvement Percent: 34.00
  • Assessed Improvement Value: 563150
  • Assessed Land Percent: 66
  • Assessed Land Value: 1093262
  • Total Assessed Value: 1656412
  • Assessor Parcel Number: 4339-007-090
  • Lot Size Area: 5963

Rental Info

  • Owner Pays: Gas, Electricity, Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 17.92
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 13136
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: 0

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Jun 6, 2024
Sold by
Los Angeles Housing Partnership Inc
Bought by
Jameson Adam Llc
Seller's Agent
Jim Gilb
James F. Gilb
Buyer's Agent
Natty Redford
Keller Williams Hollywood Hills
List Price
$1,449,000
Sold Price
$650,000
Premium/Discount to List
-$799,000
-55.14%
Views
401
Current Estimated Value
$2,477,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,827,062
Avg. Annual Appreciation
203.15%

Purchase Details

Listed on
Jan 3, 2024
Closed on
May 31, 2024
Sold by
Los Angeles Housing Partnership Inc
Bought by
Jameson Adam Llc
Seller's Agent
Jim Gilb
James F. Gilb
Buyer's Agent
Natty Redford
Keller Williams Hollywood Hills
List Price
$1,449,000
Sold Price
$650,000
Premium/Discount to List
-$799,000
-55.14%
Views
401

Purchase Details

Closed on
Apr 23, 2004
Sold by
City Of West Hollywood
Bought by
Los Angeles Housing Partnership Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2002
Sold by
Consolidated Fire Protection District Of
Bought by
City Of West Hollywood
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
Jameson Adam Llc $650,000 Old Republic Title
Jameson Adam Llc $650,000 Old Republic Title
Los Angeles Housing Partnership Inc -- Lawyers Title
City Of West Hollywood -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Los Angeles Housing Partnership Inc $120,000
Closed Los Angeles Housing Partnership Inc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $650,000 0.0% $262 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
03/25/2024 03/25/24 Price Changed $650,000 -43.5% $262 / Sq Ft
02/05/2024 02/05/24 Price Changed $1,150,000 -20.6% $464 / Sq Ft
01/03/2024 01/03/24 For Sale $1,449,000 -- $585 / 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 $641 $663,000 $464,100 $198,900
2024 $641 $1,689,540 $1,115,127 $574,413
2023 $20,485 $1,656,412 $1,093,262 $563,150
2022 $19,420 $1,623,934 $1,071,826 $552,108
2021 $699 $1,592,093 $1,050,810 $541,283
2019 $685 $1,544,873 $1,019,644 $525,229
2018 $18,478 $1,514,582 $999,651 $514,931
2016 $17,697 $1,455,771 $960,834 $494,937
2015 $17,412 $1,433,905 $946,402 $487,503
2014 $898 $1,405,818 $927,864 $477,954
Source: Public Records

Agents Affiliated with this Home

  • Jim Gilb

    Seller's Agent in 2024

    Jim Gilb

    James F. Gilb

    (213) 866-9802

    2 in this area

    14 Total Sales

    Jim Gilb
    Section Image
  • Natty Redford

    Buyer's Agent in 2024

    Natty Redford

    Keller Williams Hollywood Hills

    (310) 880-9949

    4 in this area

    7 Total Sales

    Natty Redford
    Section Image
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Map

Source: The MLS

MLS Number: 23-342085

The MLS

APN: 4339-007-090

California Los Angeles County West Hollywood 90069

958 Hancock Ave, West Hollywood, CA

This home is located at 958 Hancock Ave, West Hollywood, CA 90069 since 03 January 2024 and is currently estimated at $2,477,062, approximately $1,000 per square foot. This property was built in 1929. 958 Hancock Ave is a home located in Los Angeles County with nearby schools including West Hollywood Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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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.
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