Check Availability
$4,250,000
Land - For Sale

1227 Havenhurst Dr

West Hollywood, CA 90046
bedrooms
Studio
bathrooms
0 Bath
$20,869
Estimated Monthly
$0
HOA / Fees

About This Property

We are pleased to offer for sale an incredible development opportunity located in the prestigious Westside community of West Hollywood. 1223 and 1227 Havenhurst Drive present a unique opportunity to develop 16 (Buyer to verify) cutting edge, sumptuously appointed apartment or condominium units on one of the best streets in the area. With a combined lot size of 14,723 SF zoned R4A, the current improvements consist of two 5-unit apartment buildings which will generate considerable income while obtaining plans and permits for the new project. Nestled in close proximity to some of the best high-end dining, entertainment venues, and nightlife in Los Angeles, this rare offering presents the astute developer with the unique opportunity to capitalize on a premier turnkey development project in one of the best locations in all of Los Angeles. PRICE IS FOR SIDE BY SIDE PROPERTIES, EACH WITH THEIR OWN APN.
Unit Size
-
Days on Market
21 days
Land Size
0.17 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1954
Listed By
Jonathan Taksa
Remax Commercial and Investment Realty
Last updated: 20 days ago (CLAWCA #380119)

Price History

Date / Event Date Event Price
Apr 15, 2024 Listed by RE/MAX Commercial & Investment $4,250,000
Listed by RE/MAX Commercial & Investment

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,409
  • Total Building Area: 3,436
  • Gross Building Area: 3,436
  • Building Area: 3,436
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: CRESENT HEIGHTS
  • Land Acres: 0.17
  • Legal Description 1: CRESCENT HEIGHTS S 40.2 FT OF N 41.2 FT OF LOT/SEC 8 BLK/DIV/TWN H

Ownership

  • Current Owner : COLBERT RICHARD B
  • Current Owner 2: THE RICHARD B COLBERT LIVING T
  • Previous Owner : MASTELLOS MORRIS ANNA MASTELLOS
  • Previous Owner 2: MASTELLOS KEARNEY KATHRYN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 700200

Zoning

  • Zoning: WDR4*

Geography

  • Assessors Map Reference: 33-E4
  • Parcel: 5554-016-009
  • Block: H
  • Lot: 8
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0926
  • Longitude: -118.368

    Address

  • Full Address: 1227 Havenhurst Dr
  • Address - House Number: 1227
  • Address - Street Name: Havenhurst
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: West Hollywood
  • Carrier Code: C052
  • 4-Digit Zip Code: 4910
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,601
  • Tax Rate Code Area: 01-319

    Appraisal Valuation

  • Standard Deviation: 0.3325
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 33
  • Final Value: 1,162,361
  • High Value: 1,548,884
  • Low Value: 775,837

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Dec 20, 2006
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Dec 20, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,146,807
  • Assessed Land Value: $751,614
  • Assessed Improvements Value: $395,193

    Sales

  • Current Sale Contract Date: Sep 11, 2003
  • Current Sale Recording Date: Nov 14, 2003
  • Current Sale Transaction ID: 1035984802
  • Current Sale Price: $835,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 03-3433073

    Last Sale Mortgage

  • First Mortgage Lender: WORLD SAVINGS BANK FSB
  • First Mortgage Transaction Date: Nov 14, 2003
  • First Mortgage Loan Amount: $415,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Dec 15, 2033

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
-
6,440 ft²
$722/ft²
$4,650,000 Nov 1, 2023
-
-
Other
Loft
-
6,440 ft²
$722/ft²
$4,650,000 Nov 1, 2023
-
-
Other
Loft
-
6,440 ft²
$722/ft²
$4,650,000 Nov 1, 2023
-
-
Other
Loft
-
6,879 ft²
$716/ft²
$4,925,000 Sep 5, 2023
-
-
Other
Loft
-
4,003 ft²
$874/ft²
$3,500,000 Mar 1, 2024
-
-
House
4 Beds
4 Baths
3,873 ft²
$1,084/ft²
$4,199,000 Apr 4, 2024
-
-
House
5 Beds
4.5 Baths
3,516 ft²
$1,163/ft²
$4,090,000 Apr 24, 2024
-
-
House
4 Beds
5.5 Baths
4,625 ft²
$886/ft²
$4,100,000 Mar 25, 2024
-
-
House
3 Beds
4 Baths
2,560 ft²
$1,756/ft²
$4,495,000 Mar 26, 2024
-
-
House
4 Beds
4.5 Baths
3,761 ft²
$1,010/ft²
$3,799,000 Feb 28, 2024
-
-
House
4 Beds
4 Baths
4,681 ft²
$844/ft²
$3,950,000 Mar 22, 2024
-
-
House
5 Beds
5.5 Baths
5,425 ft²
$848/ft²
$4,600,000 Mar 18, 2024
-
-

About West Hollywood


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Frequently Asked Questions

When was property at 1227 Havenhurst Drive built and last sold?
The property at 1227 Havenhurst Drive was built in 1954 and last sold on Sep 11, 2003 for $835,000.
How much is this home worth?
The estimated value of the home located at 1227 Havenhurst Drive is $4,292,500.
What are some comparable homes to 1227 Havenhurst Drive?
There are currently no comparable homes to 1227 Havenhurst Drive.

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