See Home Value
$1,520,825*
House - Off Market

3174 Lake Hollywood Dr

Los Angeles, CA 90068
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1650 Sqft
$1,350,000 - $1,650,000
Reference Base Price*
1.39%
Since Jul 1, 2023
CA-Los Angeles
Primary Model
Sold Jun 26, 2023
$1,500,000
$1,200,000 by Stifel Bank And Trust
Mortgage Due Jul 01, 2053

About This Property

A remarkable opportunity to own a classic 1929 Tudor-style home is one of the most desirable neighborhoods, Lake Hollywood Knolls. This home is stunning from the curb! This is a great opportunity to buy into this amazing community at an entry-level price. It is priced to sell quickly because it is a fixer.  It is the first time on the market in over 61 years and is perfect for a buyer with the Vision to make it "their own." The "bones" and floor plan of the home are excellent. But it will need to be updated for most people with a new kitchen, bathrooms, flooring, and a new HVAC system and other items to personal taste. The home has just been painted throughout, and the termite work has been completed. A new flat roof has just been installed in the rear of the house. The front landscaping is lush and mature. The home's vibe is warm and inviting, with classic-era touches and plenty of natural light. A large den was added, as well as a master bathroom. The guest bathroom was updated but will need to be redone to bring it to today's standard. A large dining area with French doors leads to the backyard. As a bonus, there is a good-sized breakfast room that is perfect for an office. The living room and bedrooms are all spacious and have good storage and closet space. The kitchen opens up to the den or family room. Please take a look at the detailed floor plan in the photo section. The backyard is spacious and private for entertaining, playing, gardening, or pets! The location is fantastic, with easy access to downtown LA, the Westside, hiking trails to the Hollywood Sign and Wisdom Tree hike, the Hollywood Lake reservoir, Hollywood Bowl, shops, and restaurants. Close to all the major studios, including Universal, Warner Bros, Disney, Netflix, Whole Foods, Trader Joe's, and more. Easy to show! There will be no credits or price reductions. The home is sold "As-Is" and priced accordingly. There will always be items noted on a buyer's inspection reports, whether the house is new or old. The buyers are encouraged to hire a handyman or other professionals to handle items that need to be fixed or upgraded.

The manager has listed the unit size as 1650 square feet.
Unit Size
1,650Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$909
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929

Price History

Date / Event Date Event Price
Jun 28, 2023 No longer available -
No longer available
Jun 26, 2023 Sold to Jonathan Kirby, Sive Otoole $1,500,000
Sold to Jonathan Kirby, Sive Otoole
Jun 12, 2023 In contract -
In contract
May 27, 2023 Listed $1,500,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1937
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Tudor
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,843
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,631
  • Building Area: 1,631
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,631
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6822
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 6822 LOT/SEC 15

Ownership

  • Current Owner : KIRBY JONATHAN
  • Current Owner 2: OTOOLE SIVE
  • Previous Owner : DELL H ROSS 2011 TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 189704

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 24-B5
  • Subdivision Tract Number: 6822
  • Parcel: 5579-027-030
  • Lot: 15
  • Municipality: EAST /LA LAKE HOLLYWD
  • Latitude: 34.1321
  • Longitude: -118.343

    Address

  • Full Address: 3174 Lake Hollywood Dr
  • Address - House Number: 3174
  • Address - Street Name: Lake Hollywood
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C039
  • 4-Digit Zip Code: 1560
  • Zip Code: 90068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,891
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2254
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,412,602
  • High Value: 1,731,141
  • Low Value: 1,094,063

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: STIFEL BANK AND TRUST
  • First Open Lien Mortgage Recording Date: Jun 26, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: Jul 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,044
  • Assessed Land Value: $67,604
  • Assessed Improvements Value: $60,440

    Sales

  • Current Sale Contract Date: Jun 12, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Transaction ID: 11908358576
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 414473

    Last Sale Mortgage

  • First Mortgage Lender: STIFEL BANK AND TRUST
  • First Mortgage Transaction Date: Jun 26, 2023
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,846 ft²
$840/ft²
$1,550,000 Mar 13, 2023
-
-
House
3 Beds
3 Baths
1,913 ft²
$888/ft²
$1,699,000 May 31, 2023
-
-
Townhouse
2 Beds
3 Baths
1,921 ft²
$625/ft²
$1,200,000 Apr 4, 2023
-
$395/mo
House
3 Beds
3 Baths
2,128 ft²
$634/ft²
$1,349,900 Aug 18, 2022
-
-
Commercial
Loft
-
2,004 ft²
$746/ft²
$1,495,000 Jan 26, 2023
-
-
Commercial
Loft
-
2,004 ft²
$646/ft²
$1,295,000 Jan 26, 2023
-
-

About Central LA


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Frequently Asked Questions

When was property at 3174 Lake Hollywood Drive built and last sold?
The property at 3174 Lake Hollywood Drive was built in 1929 and last sold on Jun 12, 2023 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 3174 Lake Hollywood Drive is $1,504,132.
What are some comparable homes to 3174 Lake Hollywood Drive?
Homes that are comparable to 3174 Lake Hollywood Drive include a house property at 6834 Cahuenga Park Trail, a townhouse property at 3450 Cahuenga Boulevard West, a house property at 2924 Park Center Drive.

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