2 months on rocket

Sale Pending

501 Woodruff Ave, Los Angeles, CA, 90024

$4,550,000

4 Bedrooms
4 Full Baths, 1 Partial
3,792 SqFt
$1,200/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDoor-Multi, Garage
Year Built1933
FireplaceLiving Room, Primary Bedroom
MLS #24359181
Lot Size0.38 Acres
StatusSale Pending
(Pending)

About 501 Woodruff Ave

A rare opportunity on one of the most coveted streets in Little Holmby. A 3,792 sq. ft. traditional on an oversized 16,540 sq. ft. corner lot, available for the first time in 50 years. Perfect for an owner-user or developer to restore or reconstruct. On the main level you will find a spacious formal living room with fireplace, formal dining room, kitchen with breakfast area, large primary suite and two additional family bedrooms plus maids. Downstairs you will find a spacious recreation room with a fireplace, bar and French doors leading to the pool, spa, bbq and patios. Located in the Warner Avenue School District, just minutes from Holmby Park, UCLA and Beverly Hills.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1933
  • Stories: 2
  • Living Area: 3,792 SqFt

Listing Office:

  • Office Name: Newmark Residential
  • Office Phone: (310) 528-5565
  • Listing Agent: Steven Schaefer

Interior Features

Interior Information:

  • Interior: Walk-In Closet(s)
  • Fireplace: Living Room, Primary Bedroom

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.38 Acres

School Info

Assigned Schools Information:

  • University Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Ralph Waldo Emerson Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Warner Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Corner of Woodruff Ave and Wyton Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,550,000
  • Price Per SqFt: $1,200/SqFt

Tax Information:

  • Annual Amount: $15,120
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

501 Woodruff Ave vs Los Angeles

71 DAYS ON ROCKET

+37 Days

$4,550,000

+$3.5M More

$1,200/SqFt

+$572 More

KEY TAKEAWAY

This property is $3.5M more than the Median Sold Price and $572/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24359181

Listing Office:

  • Office Name: Newmark Residential
  • Office Phone: (310) 528-5565
  • Listing Agent: Steven Schaefer

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 1:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$15,120$1,230,935
2020$14,676$1,218,314
2019$14,531$1,194,427
2018$14,223$1,171,008
2017$14,223$1,148,048

History based on county public records data.

Payment Calculator

$22.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.7K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2256848
9
/10
  • Warner Avenue Elementary School

  • 615 Holmby Ave

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-2256849
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.11 miles

  • Public Magnet Grades KG-6

school-card-donut-2256850
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 14.41 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2256851
6
/10
  • Ralph Waldo Emerson Middle School

  • 1650 Selby Ave

  • 1.27 miles

  • Public District Grades 6-8

school-card-donut-2256852
4
/10
  • Studio

  • 2211 W Avenue 30

  • 11.49 miles

  • Public District Grades 6-8

High School

school-card-donut-2256853
5
/10
  • University Senior High School

  • 11800 Texas Ave

  • 2.36 miles

  • Public Magnet Grades 9-12

school-card-donut-2256854
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 9.11 miles

  • Public Magnet Grades 9-12

school-card-donut-2256855
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 12.91 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $118,555. The most common annual income of people living in Los Angeles, CA is $200k+. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 Woodruff Ave

What is the listing price of this property?

The listing price of 501 Woodruff Ave property is $4,550,000.

What type of property is this?

The property 501 Woodruff Ave is a house located in Los Angeles, California, 90024.

Is this property for sale now?

Sale Pending: 501 Woodruff Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 501 Woodruff Ave are:
Warner Avenue Elementary School: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Ralph Waldo Emerson Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
University Senior High School: GreatSchools Rating 5/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $15,120 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 Woodruff Ave has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 501 Woodruff Ave is 3,792 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Woodruff Ave is 1933.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90024501 Woodruff Ave

This home is located at 501 Woodruff Ave in Los Angeles, CA and zip code 90024 in the Westwood neighborhood. This 3,792 square foot home, which was built in 1933, sits on a 0.38 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 16, 2024 and is currently priced at $4,550,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The inventory of homes for sale in Los Angeles, CA between February 2024 and March 2024 increased by 10.8%. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

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