See Home Value
$1,657,951*
House - Off Market

4947 W Melrose Hill

Los Angeles, CA 90029
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1801 Sqft
$1,013,000 - $1,237,000
Reference Base Price*
47.37%
Since Jul 1, 2019
CA-Los Angeles
Primary Model
Sold May 30, 2019
$1,125,000
$884,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2051
Sold Jul 12, 2000
$350,000
Buyer
Seller
$280,000 by Wells Fargo Home Mtg Inc
Mortgage Due Aug 01, 2030

About This Property

This charming 1917 California Bungalow in Melrose Hill Historic Preservation Overlay Zone (HPOZ), nestles on Melrose Hill - a shady tree lined cul-de-sac. The home has literally been a cinematic setting in this bungalow neighborhood. Enter the Living Room with its fireplace with original Batchelder tile surround, plentiful wood windows and doors filling rooms with natural light. Some hardwood floors are newer and some original. French doors lead out to a side yard and backyard patio. 2 Bedrooms share a full bath, and the Master Bedroom is Bath is ensuite with walk-in closet. The kitchen has an adjacent pantry, laundry and breakfast nook that looks out on a shady private rear patio. Live in a friendly neighborhood, with easy access to Hollywood, entertainment, and business.Other features include an enormous attic space accessed by pull down stair, solar heating, central heating and air, tankless water heater, and copper plumbing. The garage finished as an Office with AC-would this be transformed into your 300 S.f.+ ADU?

The manager has listed the unit size as 1801 square feet.
Unit Size
1,801Ft²
Days on Market
-
Land Size
-
Price per sqft
$625
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1917

Price History

Date / Event Date Event Price
Jun 3, 2019 No longer available -
No longer available
Jun 2, 2019 Price Increased $1,125,000
↑ $25K (2.3%)
Price Increased
Apr 21, 2019 Listed $1,100,000
Listed
This charming 1917 California Bungalow in Melrose Hill Historic Preservation Overlay Zone (HPOZ), nestles on W Melrose Hill - a shady tree lined cul-de-sac. The home has literally been a cinematic setting in this bungalow neighborhood. Enter the Living Room with its fireplace with original Batchelder tile surround, plentiful wood windows and doors filling rooms with natural light. Some hardwood floors are newer and some original. French doors lead out to a side yard and backyard patio. 2…

Property Highlights

Building Info

Overview

    General

  • Year Built: 1917
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,811
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,801
  • Building Area: 1,801
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,801
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 1186
  • Land Acres: 0.133
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 1186 E 59.5 FT EX OF ST OF LOT/SEC 30

Ownership

  • Current Owner : YOON JOSEPH S
  • Previous Owner : MURRAY ERICK V E WEISS
  • Previous Owner 2: MURRAY ALICIA MARY
  • Owner Before Previous Owner: KIM JONG Y
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191610

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-E5
  • Subdivision Tract Number: 1186
  • Parcel: 5535-028-003
  • Lot: 30
  • Municipality: WEST /HOLLYWOOD
  • Latitude: 34.0854
  • Longitude: -118.307

    Address

  • Full Address: 4947 W Melrose Hl
  • Address - House Number: 4947
  • Street Direction: W
  • Address - Street Name: Melrose
  • Address - Suffix Type: Hl
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 3715
  • Zip Code: 90029

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,016
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2282
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,448,870
  • High Value: 1,779,556
  • Low Value: 1,118,185

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $884,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 12, 2021
  • First Open Lien Mortgage Loan Amount: $884,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,206,225
  • Assessed Land Value: $964,981
  • Assessed Improvements Value: $241,244

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Transaction ID: 11609771565
  • Current Sale Price: $1,125,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0496230
  • Previous Sale Recording Date: Jul 12, 2000
  • Previous Sale Contract Date: Jun 08, 2000
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: May 30, 2019
  • First Mortgage Loan Amount: $889,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Jul 12, 2000
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2030



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
1,612 ft²
$800/ft²
$1,290,000 Jan 2, 2023
-
-
House
3 Beds
1 Bath
1,351 ft²
$736/ft²
$995,000 May 4, 2022
-
-
House
3 Beds
3.5 Baths
2,204 ft²
$603/ft²
$1,329,000 Nov 11, 2022
-
$103/mo
House
3 Beds
2.5 Baths
996 ft²
$904/ft²
$900,000 Oct 1, 2022
-
-
House
4 Beds
2 Baths
1,990 ft²
$628/ft²
$1,250,000 Jan 20, 2023
-
-
House
3 Beds
2 Baths
3,130 ft²
$414/ft²
$1,295,000 Jan 7, 2023
-
-
Multifamily
Stu
-
1,396 ft²
$715/ft²
$998,000 Nov 7, 2022
-
-

About Central LA


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Frequently Asked Questions

When was property at 4947 West Melrose Hill built and last sold?
The property at 4947 West Melrose Hill was built in 1917 and last sold on May 3, 2019 for $1,125,000.
How much is this home worth?
The estimated value of the home located at 4947 West Melrose Hill is $1,158,839.
What are some comparable homes to 4947 West Melrose Hill?
There are currently no comparable homes to 4947 West Melrose Hill.

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