5502 Tuxedo Terrace Los Angeles, CA 90068

$2,900,000 Sold Price as of 05/07/2018
  • 3 Beds
  • 4 Baths
  • 3,282 Sq.Ft.
Off Market
$2,900,000 Sold Price as of 05/07/2018 Refinance Your Mortgage

Map preview of 5502 Tuxedo Terrace, Los Angeles, CA 90068

Property Overview: 5502 Tuxedo Terrace Los Angeles, CA has 3 bedrooms, 4 bathrooms, 3,282 living square feet and 11,667 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5502 Tuxedo Terrace is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $63,700. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5502 Tuxedo Terrace

Last sold for $2,900,000 on May 7th, 2018
  • May, 2018

  • May 7, 2018

    Date

    Sold

    CRMLS: 18331036

    $2,900,000

    Price

  • May 2, 2018

    Date

    Pending

    CRMLS: 18331036

    $2,849,000

    Price

  • Apr 17, 2018

    Date

    Active Under Contract

    CRMLS: 18331036

    $2,849,000

    Price

  • Apr 12, 2018

    Date

    Active

    CRMLS: 18331036

    $2,849,000

    Price

  • Listing provided courtesy of CRMLS

    AIA-designed architectural home inspired by Modern principles and built for today's living. Walls of glass frame endless, unobstructed views of city lights to the ocean while offering privacy from a cul-de-sac in the prestigious Los Feliz Oaks. Re-imagined and designed with integrity, this home is a gateway to the explosive Los Angeles skyline. Open floor plan w incredible indoor/outdoor flow. Fleetwood doors and windows and warm hardwood floors throughout. Open chef's kitchen with Subzero, Viking and Bosch appliances. Large kitchen island opens to the entire living space and the city below. Soaring ceilings create massive volumes that are filled with natural light. Master suite with wood burning fireplace, sitting area, large walk-in closet and newly redone bath with steam shower and soaking tub. Master leads to an expansive deck that runs the length of the house and offers one of the very best views in the Hollywood Hills, from Catalina to the iconic Hollywood Sign.

  • May, 2018

  • May 7, 2018

    Date

    Sold (Public Records)

    Public Records

    $2,900,000

    Price

  • January, 2018

  • Jan 16, 2018

    Date

    Expired

    CRMLS: 17249394

    $2,900,000

    Price

  • Jan 15, 2018

    Date

    Withdrawn

    CRMLS: 17249394

    $2,900,000

    Price

  • Sep 5, 2017

    Date

    Price Change

    CRMLS: 17249394

    $2,900,000

    Price

  • Jul 15, 2017

    Date

    Active

    CRMLS: 17249394

    $2,995,000

    Price

  • Listing provided courtesy of CRMLS

    CITY VIEWS! Situated in the desirable Oaks neighborhood of the Hollywood Hills, this 1960's modern has been updated & expanded for today's lifestyle.  A sweeping panorama of the Pacific Ocean, LA city skyline & Hollywood landmarks surround the home with exquisite views from every room. Bright & open with 10-foot ceilings, walls of glass and sliding doors that open to the views, decks & patios. An expansive living room with multiple seating areas & adjoining outdoor decks deliver the elegance of an indoor-outdoor California lifestyle. Entertain in the evening with the glittering lights of Los Angeles as a backdrop. Entertain in your dream kitchen with Viking, Subzero, Abbaka & Bosch appliances & top of the line features. Step outside from the large master suite & enjoy an upstairs view deck that spans the width of the home. Enjoy the privacy, quiet & prestige of the Oaks neighborhood. Luxurious. Secluded. Serene.

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Tax History for 5502 Tuxedo Terrace

Assessed Value (2020): $3,017,160
Year Land Value Improved Value Assessed Value
2020 $1,664,640 $1,352,520 $3,017,160

About 5502 Tuxedo Terrace

Detailed summary of property

5502 Tuxedo Terrace is a single family home in Los Angeles, CA 90068 and last sold on May 7, 2018 for $2,900,000. This house has 3 bedrooms, 4 bathrooms, roughly 3,282 living square feet, and sits on an approximately 11,667 square foot lot. Homes in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 127.63% higher than the current median priced home. 5502 Tuxedo Terrace was last sold on May 7, 2018 for $2,900,000. Local nearby listings include 2627 Rutherford Dr, 2146 Beachwood Terrace and 2126 E Live Oak Dr. The average home in Los Angeles, CA is selling in 100 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. If you are the homeowner and looking to sell the home at 5502 Tuxedo Terrace Los Angeles, CA 90068 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5502 Tuxedo Terrace

Public county record property details
Beds
3
Baths
4
Year built
1962
Sq. Ft.
3,282
Lot Size
11,667
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5587-028-037

The source for these homes facts are from public records.

90068 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,195,000
Median List Price/Sq.Ft.
$874
Median Sold Price
$2,100,000
Median Sold Price/Sq.Ft.
$974
Total Inventory
195
Median Sale to List Price %
116.67%
Avg Days on Market
53
Loan Type
Conventional (0%), FHA (11.11%), VA (0%), Cash (22.22%), Other (11.11%)

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Nearby Homes to 5502 Tuxedo Terrace

Data from public records.

4 Beds | 4 Baths | 2,952 Sq. Ft.
3 Beds | 2 Baths | 1,789 Sq. Ft.
3 Beds | 2 Baths | 1,678 Sq. Ft.
2 Beds | 3 Baths | 2,040 Sq. Ft.
6 Beds | 4 Baths | 3,594 Sq. Ft.
2 Beds | 2 Baths | 2,160 Sq. Ft.
3 Beds | 2 Baths | 1,678 Sq. Ft.
3 Beds | 2 Baths | 2,240 Sq. Ft.
2 Beds | 3 Baths | 2,040 Sq. Ft.
2 Beds | 2 Baths | 1,949 Sq. Ft.
2 Beds | 2 Baths | 2,096 Sq. Ft.
3 Beds | 4 Baths | 4,902 Sq. Ft.

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