See Home Value
$1,116,903*
House - Off Market

716 ACADEMY RD

Los Angeles, CA 90012
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1197 Sqft
$896,000 - $1,094,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Aug 26, 2020
$980,000
$700,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2050
Sold Sep 01, 2017
$848,000

About This Property

Nestled into the verdant surroundings of Solano Canyon near Downtown LA, this beautifully remodeled home offers a fresh take on country living; tucked away from the city, yet within easy reach. The hillside residence has been meticulously updated with features that include custom lighting elements, pine flooring, and an open layout that flows seamlessly to a wide sundeck and gorgeous canyon vistas. In the stylish kitchen find custom cabinetry, quartz countertops, a subway tile backsplash and stainless appliance suite. Three bedrooms provide accommodation for guests and workspace; there is central heat+air, and an attached garage. Tranquil and private, the rear yard is the perfect spot to dine and lounge around the gas fire-pit with built-in bench seating. Mature trees and native plantings set a magical scene. Dining and takeout options are just minutes away in neighboring DTLA and Echo Park. The hiking and biking trails of Elysian Park and the LA River are within easy reach.

The manager has listed the unit size as 1197 square feet.
Unit Size
1,197Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$831
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 26, 2020 Sold to Alisa Allapach, Phillip Mon... $980,000
Sold to Alisa Allapach, Phillip Mon...
Jul 21, 2020 In contract -
In contract
Jun 24, 2020 Listed $995,000
Listed

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,961
  • Total Building Area: 1,197
  • Building Area: 1,197
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,197
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ELYSIAN PARK TR
  • Land Acres: 0.137
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: ELYSIAN PARK TR LOT 10 BLK 5 CONDOMINIUM *UNIT 2

Ownership

  • Current Owner : MONTGOMERY PHILLIP
  • Current Owner 2: ALLAPACH ALISA
  • Previous Owner : KOOLHAAS THOMAS WILLEM
  • Owner Before Previous Owner: URBANITE INC

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 206010

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 35-E5
  • Parcel: 5415-024-030
  • Block: 5
  • Lot: 10
  • Municipality: WEST DISTRICT OFFICE
  • Latitude: 34.0776
  • Longitude: -118.233

    Address

  • Full Address: 716 Academy Rd
  • Address - House Number: 716
  • Address - Street Name: Academy
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C005
  • 4-Digit Zip Code: 1005
  • Zip Code: 90012

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,859
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2255
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 883,119
  • High Value: 1,082,277
  • Low Value: 683,961

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,019,591
  • Assessed Land Value: $662,734
  • Assessed Improvements Value: $356,857

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Transaction ID: 11783896111
  • Current Sale Price: $980,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1002831
  • Previous Sale Recording Date: Sep 01, 2017
  • Previous Sale Contract Date: Aug 28, 2017
  • Previous Sale Amount: $848,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 26, 2020
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,782 ft²
$645/ft²
$1,150,000 Aug 4, 2023
-
-
Land
Loft
-
-
$999,000 Aug 15, 2023
-
-

About Central LA


Similar Homes for Sale

Unit for sale at 700 Lookout Drive, Los Angeles, CA 90012

$999,000

  • Land
700 Lookout Drive, Los Angeles, CA 90012 Listing by Ravinder Sood
Unit for sale at 700 Bernard Street, Los Angeles, CA 90012

$1,150,000

  • 3 Beds
  • 3 Baths
  • 1,782 ft²
700 Bernard Street, Los Angeles, CA 90012 Listing by PAXTON CHEW

Nearby Rentals

Unit for rent at 800 W 1st St, Los Angeles, CA, 90012

$5,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,172 ft²
800 W 1st St #808, Los Angeles, CA, 90012 Listing by Richard Schulman
Unit for rent at 2664 Queen St, Los Angeles, CA, 90039

$2,750 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
2664 Queen St, Los Angeles, CA, 90039 Listing by Mark Grimes
Unit for rent at 257 S Spring St, Los Angeles, CA, 90012

$9,800 /mo

  • 3 Beds
  • 3 Baths
  • 2,100 ft²
257 S Spring St #PENTMN, Los Angeles, CA, 90012 Listing by Eric Kang


Frequently Asked Questions

When was property at 716 Academy Road built and last sold?
The property at 716 Academy Road was built in 1985 and last sold on Aug 21, 2020 for $980,000.
How much is this home worth?
The estimated value of the home located at 716 Academy Road is $1,006,991.
What are some comparable homes to 716 Academy Road?
There are currently no comparable homes to 716 Academy Road.

Quantcast