See Home Value
$6,953,288*
House - Off Market

149 S Las Palmas Avenue

Los Angeles, CA 90004
bedrooms
7 Beds
bathrooms
5 Baths
square feet
5906 Sqft
$4,950,000 - $6,048,000
Reference Base Price*
26.45%
Since Mar 1, 2021
CA-Los Angeles
Primary Model
Sold May 12, 2021
$4,925,000
$3,693,750 by Stifel Bank & Trust
Mortgage Due Jun 01, 2051
Sold Mar 22, 2006
$2,800,000
$1,740,000 by Washington Mutual Bank Fa
Mortgage Due Apr 01, 2036

About This Property

SELLER MOTIVATED AND WILL ENTERTAIN ALL OFFERS!!  MAKE AN OFFER TODAY!!! A RARE OPPORTUNITY to own a luxury estate home in prestigious HANCOCK PARK, a most highly sought after area.  This oasis has it all!!  BEST LOCATION EVER - 3rd Street School,  steps away from Wilshire County Club and centrally located near TV studios, The Grove, Beverly Hills, Hollywood and Downtown.  The estate offers 5,906 sq ft of living space for entertaining, nesting or working from home.  There are 7 bedrooms and 4.5 Baths in the Main House.  The master suite has a fireplace and a large walk-in closet.  The open living room has a built-in bar leading to a separate den/study with leather floors and french doors leading to the sparkling pool and large courtyard.  This estate has an elevator from the master suite to the covered patio outside, a back staircase, an indoor laundry room and a basement for extra storage or your new wine cellar.  The separate, detached GUEST HOME offers privacy, great for inlaws, nanny, or visiting family. It is the ultimate in fine living with over 1,000 sq ft, 2 bedrooms, 1 bath,  full kitchen and living area.  The guest suite was built in 2007 with permits over a 3 car garage.  Buyers to independently verify all information and representation connected with this listing.

The manager has listed the unit size as 5906 square feet.
Unit Size
5,906Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$931
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929

Price History

Date / Event Date Event Price
May 12, 2021 Sold to Moshe Silber $4,925,000
Sold to Moshe Silber
Feb 22, 2021 No longer available -
No longer available
Feb 1, 2021 Price Increased $5,499,000
↑ $699K (14.6%)
Price Increased
Jan 8, 2021 Listed $4,800,000
Listed
Dec 12, 2020 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,566
  • Lot Size Depth Feet: 1,740
  • Lot Size Frontage Feet: 780
  • Total Building Area: 5,137
  • Building Area: 5,137
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,137
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8320
  • Land Acres: 0.311
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 8320 LOT/SEC 171

Ownership

  • Current Owner : SILBER MOSHE
  • Current Owner 2: THE SILBER FAMILY TRUST
  • Previous Owner : SMILEY TAVIS
  • Previous Owner 2: TAVIS SMILEY REVOCABLE LIVING
  • Owner Before Previous Owner: KAHAN STANLEY
  • Owner Before Previous Owner 2: KAHAN DENNIS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214100

Zoning

  • Zoning: LARE11

Geography

  • Assessors Map Reference: 34-B6
  • Subdivision Tract Number: 8320
  • Parcel: 5513-012-017
  • Lot: 171
  • Municipality: WEST /HANCOCK PARK
  • Latitude: 34.0721
  • Longitude: -118.336

    Address

  • Full Address: 149 S Las Palmas Ave
  • Address - House Number: 149
  • Street Direction: S
  • Address - Street Name: Las Palmas
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C057
  • 4-Digit Zip Code: 1049
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $59,325
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 4,651,320
  • High Value: 5,704,513
  • Low Value: 3,598,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,693,750
  • First Open Lien Mortgage Lender: STIFEL BANK & TRUST
  • First Open Lien Mortgage Recording Date: May 12, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,693,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,123,970
  • Assessed Land Value: $4,161,600
  • Assessed Improvements Value: $962,370

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2021
  • Current Sale Recording Date: May 12, 2021
  • Current Sale Transaction ID: 11834339646
  • Current Sale Price: $4,925,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0759165
  • Previous Sale Recording Date: Mar 22, 2006
  • Previous Sale Contract Date: Mar 10, 2006
  • Previous Sale Amount: $2,800,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STIFEL BANK & TRUST
  • First Mortgage Transaction Date: May 12, 2021
  • First Mortgage Loan Amount: $3,693,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Mar 22, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,740,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4.5 Baths
4,689 ft²
$1,194/ft²
$5,600,000 Feb 8, 2023
-
-

About Central LA


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Nearby Rentals

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Frequently Asked Questions

When was property at 149 South Las Palmas Avenue built and last sold?
The property at 149 South Las Palmas Avenue was built in 1929 and last sold on Apr 30, 2021 for $4,925,000.
How much is this home worth?
The estimated value of the home located at 149 South Las Palmas Avenue is $5,518,692.
What are some comparable homes to 149 South Las Palmas Avenue?
There are currently no comparable homes to 149 South Las Palmas Avenue.

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