NOT LISTED FOR SALE

Los Angeles, CA 90068

Hollywood Hills Neighborhood

Estimated Value: $2,130,000 - $2,683,543

0.64 Acre
$3,724,822 Price per Acre
27,878 Sq Ft Lot

Sale Details

Date Sold: January 17, 2012

Last sale price $110,000

Est. 2,067% increase in value since last sale

Current estimated payment $14,428 / mo

90 Days on Market

Highlights

  • Ocean View
  • Hilltop Location
  • Property Near a Canyon
  • 0.64 Acre Lot
  • Property is near park and public transit
  • Rectangular Lot

About This Lot

As of January 2012

OWNER will sell separately but PREFERS TO SELL THIS LOT WITH HER OTHER LOT. Access for this lot would come from purchasing Seller's adjoining 1.45 acre lot at 5880 W. Spring Oak, which has a 2501sf house built on it with 4 bedrooms & 3 bathrooms. See house on MLS, listed at $798,000. Both lots are zoned LARE9; consult city for subdivision. Both lots have amazing views of Hollywood Sign, Griffith Observatory, City Lights, & Ocean from various peaks of property. Build your dream home or subdivide or renovate this house on the adjoining lot to the beauty of its 1940's charm! Also see MLS 22158169IT.

Last Agent to Sell the Property

Denise Shur

1:1 Realty License #01481788 Listed on: 09/15/2011

Last Buyer's Agent

Mike Syre

Douglas Elliman License #01864416

Douglas Elliman

Property Details

Property Type

  • Land

Lot Details

  • 27,878 Sq Ft Lot
  • Property Near a Canyon
  • Rectangular Lot
  • Lot Sloped Up
  • Hilltop Location
  • Value in Land

Property Views

  • Ocean
  • City Lights
  • Trees
  • Views of a landmark
  • Canyon
  • Mountain

Location

  • Property is near park and public transit
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 5580-017-031

Property Details

Property Type

Land

Lot Details

0.64 Acres

Listing Details

  • Property Type: Land
  • Street Number Display: No
  • Additional Assessor Parcel Numbers: Yes
  • Lot Acreage: 0.6400
  • Lot Dimensions: A.64
  • Survey: Buyer Pays
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: NONE
  • Street Lights: No
  • View: Canyon, City Lights, Landmark, Mountains, Ocean, Tree Top
  • View: Yes

Utilities

  • Cable: No
  • Electric: In Street
  • Gas: In Street
  • Telephone Service: In Street
  • Telephone: No
  • Water: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5580-017-031
  • Lot Description: Lot Shape-Rectangular, Raw Land, Redevelopment Area, Single Lot, Value In Land
  • Lot Location: Canyon, City, Hillside, Hilltop, Near Public Transit, Park Nearby
  • Lot Size Area: 27878
  • Present Use: VACANT LAND ADJOINING 1.45 ACRES WITH OWNER OCCUPIED RESIDENTIAL PROPERTY AT 5880 W. SPRING OAK DRIVE, LOS ANGELES, CA 90068
  • Site Decription: Canyon, City, Hillside, Hilltop
  • Staked: No
  • Topography: Uphill
  • Water Well: No

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2022
Sold by
Riherd Peter G and Riherd Van Dyk
Bought by
Peter Riherd Trust and Jeffrey Van Dyk Trust
Current Estimated Value
$2,383,886

Purchase Details

Closed on
Feb 15, 2019
Sold by
Cordell John
Bought by
Riherd Peter G and Vandyk Jeffrey Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,356,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2011
Closed on
Jan 3, 2012
Sold by
Cordell Kathleen Dix
Bought by
Cordell John
Seller's Agent
Denise Shur
1:1 Realty
Buyer's Agent
Mike Syre
Douglas Elliman
List Price
$180,000
Sold Price
$110,000
Premium/Discount to List
-$70,000
-38.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.98%
Original Mortgage
$595,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2011
Closed on
Dec 21, 2011
Sold by
Nash Jennifer E
Bought by
Cordell John
Seller's Agent
Denise Shur
1:1 Realty
Buyer's Agent
Mike Syre
Douglas Elliman
List Price
$180,000
Sold Price
$110,000
Premium/Discount to List
-$70,000
-38.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2005
Sold by
Zaresky Gideon
Bought by
Nash Jennifer E

Purchase Details

Closed on
Aug 25, 2004
Sold by
Nash Jennifer E
Bought by
Zaresky Gideon

Purchase Details

Closed on
Oct 17, 2002
Sold by
Nash Jennifer E
Bought by
Nash Jennifer E

Purchase Details

Closed on
Jul 16, 2002
Sold by
Nash Jennifer E
Bought by
Harrison Neil D

Purchase Details

Closed on
Feb 22, 1996
Sold by
First Nationwide Mtg Corp
Bought by
Nash Jennifer E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,900
Interest Rate
6.75%
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
Peter Riherd Trust -- None Listed On Document
Riherd Peter G $1,695,000 Equity Title Co
Cordell John -- Accommodation
Cordell John $850,000 Chicago Title Company
Nash Jennifer E -- --
Zaresky Gideon -- Fidelity National Title Van
Nash Jennifer E -- --
Harrison Neil D $5,000 Fidelity National Title Ins
Nash Jennifer E $265,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riherd Peter G $1,356,000
Previous Owner Cordell John $595,000
Previous Owner Nash Jennifer E $211,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2012 01/17/12 Sold $110,000 -38.9% --
12/14/2011 12/14/11 Pending -- -- --
09/15/2011 09/15/11 For Sale $180,000 -- --
Source: The MLS

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 $21,484 $1,784,826 $1,115,517 $669,309
2024 $21,484 $1,749,831 $1,093,645 $656,186
2023 $21,067 $1,715,521 $1,072,201 $643,320
2022 $20,114 $1,681,884 $1,051,178 $630,706
2021 $19,952 $1,648,907 $1,030,567 $618,340
2019 $6,208 $1,080,939 $743,146 $337,793
2018 $13,057 $1,059,745 $728,575 $331,170
2016 $12,446 $1,018,596 $700,285 $318,311
2015 $12,266 $1,003,297 $689,767 $313,530
2014 $12,331 $983,645 $676,256 $307,389
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Denise Shur

    1:1 Realty

  • M

    Buyer's Agent in 2012

    Mike Syre

    Douglas Elliman

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Source: The MLS

MLS Number: 11-555075

The MLS

APN: 5580-017-033

California Los Angeles County Los Angeles 90068

Hollywood Hills

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The MLS © 2026 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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