55 Fremont Pl, Los Angeles, CA 90005
OPEN SUN, 2-5PMAUCTION1.58 ACRES

55 Fremont Pl
Los Angeles, CA 90005

Mid City
  • 7 Beds
  • 8 Baths
  • 10,567 sqft (on 1.58 acres)
  • 7 Beds
  • 8 Baths
  • 10,567 sqft (on 1.58 acres)

$13,500,000

Original price: $16,995,000
Est. Mortgage $85,741/mo*
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Local Information

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Description

AUCTION: BID 26 APRIL-15 MAY. Listed for $13.5M. Reserve. No Minimum Bid. Exceptional luxury and historic provenance come together in this 1915 Hancock Park estate once owned by Muhammad Ali. The property has an aesthetic gravitas worthy of its former owner, featuring a Tiffany stained glass panel and the original French Empire crystal chandeliers and fireplaces. Wood paneling, marble and hardwood floors, and large bay windows give the interior a timeless beauty. Built by John C. Austin, known for Griffith Observatory and City Hall, the estate has hosted such luminaries as Sylvester Stallone, Clint Eastwood, and President Obama. Continue the tradition of grand entertaining. Greet guests in the impressive foyer and hold court in the formal dining and living rooms. Imbibe amongst the art-filled gallery walls in the third-floor ballroom at the fully-equipped bar, before retiring to the semi-circular solarium. The grounds, occupying a desirable corner lot, are enclosed by privacy hedges, offering a lush lawn, beautiful landscaping, a swimming pool, and a terrace.

Open House

Sunday, April 28
2:00 PM to 5:00 PM

Home Highlights

Parking
Garage
Outdoor
Pool
A/C
Heating & Cooling
HOA
$400/Monthly
Price/Sqft
$1,278
Listed
10 days ago

Home Details for 55 Fremont Pl

Interior Features

Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 8Number of Bathrooms (full): 8
Dimensions and Layout
Living Area: 10567 Square Feet
Appliances & Utilities
Laundry: Other
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other
Fireplace & Spa
Fireplace: Living RoomSpa: OtherHas a Fireplace
Windows, Doors, Floors & Walls
Flooring: Mixed
Levels, Entrance, & Accessibility
Stories: 3Levels: Three Or MoreFloors: Mixed
View
No ViewView: None
Security
Security: 24 Hour Security, Secured Community, Guarded

Exterior Features

Exterior Home Features
Other Structures: Guest House, Detached Guest House
Parking & Garage
No CarportHas a GarageNo Attached GarageParking Spaces: 5Parking: Garage Is Detached
Pool
Pool: In GroundPool

Days on Market

Days on Market: 10

Property Information

Year Built
Year Built: 1915
Property Type / Style
Property Type: ResidentialProperty Subtype: ResidentialStructure Type: DetachedArchitecture: Detached
Building
Not Attached Property

Price & Status

Price
List Price: $13,500,000Price Per Sqft: $1,278

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 24-381357

Building

Building Area
Building Area: 10567 Square Feet

HOA

Has an HOAHOA Fee: $400/Monthly

Lot Information

Lot Area: 1.578 Acres

Listing Info

Special Conditions: Auction

Compensation

Buyer Agency Commission: 2Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

BasementMls Number: 24-381357
Last check for updates: about 10 hours ago
Listing courtesy of Stefani Schmacker 'Stolper' DRE # 01957452, (310) 733-6551
The Beverly Hills Estates, (310) 626-4248
June Ahn DRE # 01188513, (323) 855-5558
Coldwell Banker Realty, (323) 464-9272
Source: CLAW, MLS#24-381357

Foreclosure Information

Invalid Date
Foreclosure auction
The property was scheduled to be sold at a
Foreclosure Auction
. Auction location is unavailable. Because auction dates are often changed or postponed, it is unknown at this time if the auction was held. Please confirm with a foreclosure specialist.
Invalid Date
Home in default
$9,105,891
The owner of this property has been served a
Notice of Default
. The loan in default was issued on 08/30/2022.
4/26/2001
Previous Sale
$2,500,000
The home last sold for $2,500,000

Legal Details

Foreclosure Type
Non-Judicial
Recorded
Notice of Default on Invalid Date
Notice of Default on Invalid Date
Parcel Number
5090018001

Price History for 55 Fremont Pl

DatePriceEventSource
01/27/2023$15,000,000PriceChange
CLAW #22-208709
11/02/2022$16,995,000Listed For SaleCLAW #22-208709
09/20/2021ListingRemovedCLAW
08/18/2021$16,000,000Listed For SaleCLAW #20560334
01/20/2021$16,000,000ListingRemovedCLAW #20560334
01/14/2021$16,000,000Listed For SaleAgent Provided
05/08/2019$16,999,000ListingRemovedAgent Provided
01/18/2019$16,999,000Listed For SaleAgent Provided
04/26/2001$2,500,000Sold
N/A
05/30/1997$1,300,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$44,882
Assessment$3,620,837
Home facts updated by county records

Neighborhood Overview

Mid City
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Mid City

  • Paul N Caporaso
    "Diversity and architecture are both very important aspects of the neighborhood. There are great small businesses as well, especially along Pico. Needs safer streets though as cars speed all the time and the area is pinch point for several main boulevards. "
    2
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  • Trulia User
    "Parents need to be vigilant even if this is, relatively speaking, a safe neighborhood. Still, lighting is spotty in places. Carrying flashlights and moving in small groups are both good ideas for evenings"
    4
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  • Trulia User
    "Holiday events and block parties make this a nice and special neighborhood. It feels like a safe environment and people are generally friendly and neighborly."
    0
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  • Trulia User
    "The neighborhood is okay. Neighbors are not very neighborly. Close to Larchmont Village. I enjoy going there and going to the Farmers Market on Sunday or people watching. "
    0
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  • Trulia User
    "Close to the 10 and 405. Lots of historic residences. Plenty of shopping and restaurants, parks and museums. Lots of dogs, friendly neighbors. Extremely diverse. "
    3
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  • Trulia User
    "There are lots of dogs in this neighborhood. There are no dog parks in the area as far as I know. Most people walk their dogs before and after work. "
    0
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  • Trulia User
    "Mid city is an ideal location for me in LA. Been living here 5yrs and have any problems. I walk my dog daily & all my neighbors are friendly."
    3
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  • Trulia User
    "Wellington Farmers market, always great for family! It’s always nice hearing the music Sunday morning. "
    0
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  • Trulia User
    "My job is about 30 to 45 minutes away from where I live because of traffic. and my job is about 12 mi from where I live."
    0
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  • Trulia User
    "Calm and friendly. Diverse. Centrally located. Young families, young professionals. I love living in this area. "
    0
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  • Trulia User
    "A lot of people walk their dogs. It’s pretty quiet depending what area of the neighborhood your in and people pick up after their dogs for the most part."
    0
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  • Trulia User
    "This neighborhood has lots of free campsites for homeless residents. The general lack of parking spaces also makes parking a fun adventure that can last hours."
    2
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  • Trulia User
    "The HPOZ in Miracle Mile is great, but walking on main sector streets right now is not very pleasant due to LAs rampant homelessness issue. "
    1
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  • Trulia User
    "A lot a families in this neighborhood. A lot of crime too. I don’t feel unsafe but I would let my kid play by himself here."
    0
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  • Trulia User
    "The neighborhood is gentrifying. Good and bad to that… there are incredible views and the people are nice."
    2
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  • Trulia User
    "My commute is short. The area is gentrifying which is good and bad of course. I do feel safe here though. "
    0
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  • Trulia User
    "Local hiding dog park is great way to meet the neighbors l! Dogs are all friendly and know each other!"
    0
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  • Trulia User
    "there aren't many young children here but it's starting to become a young suburban area.thrrr are no community parks local either mostly a foodie area"
    0
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  • Trulia User
    "The central location of my neighborhood, along with the diversity of residents, and relatively low crime rate combine to make living here a positive experience."
    1
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  • Trulia User
    "My commute is fast to almost all areas of LA. I feel safe saying that it takes 15-30 minutes driving to and from the west side / Santa Monica / Venice, east side, downtown LA and the valley. It’s very convenient for almost all areas. "
    0
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  • Trulia User
    "I’ve lived in the neighborhood for 20 years. I love it. Good community. Diverse in ethnicity and age. Pretty safe "
    0
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  • Trulia User
    "There’s a lot of dogs around and there’s even an eco friendly dog wash in the neighborhood. At times there are dogs roaming off leash and random cats around but not a big deal I guess. I don’t own a dog so I’m not to sure what dog owners are looking for. "
    0
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  • Trulia User
    "I don’t have a daily commute atm but mid-City is literally in the middle of the city, making most LA proper destinations within easy driving distance. "
    0
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  • Trulia User
    "very very good excellent I work in west Hollywood home in 25 mins during traffic.very safe all buses are climate control and access all night service"
    0
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  • Emily
    "No. Issues great family area. Not sure where the farmers market is. Maybe larchmont? Great dog community. I get packages delivered here all the time. "
    4
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  • Jhowler
    "Miracle Mile is quieter than other mid-City neighborhoods, and crime is relatively low, but it’s still Morgantown to be vigilant and mindful of drivers going too fast, even on block with speed bumps."
    3
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  • Jennaobando27
    "It’s walkable and accessible to a lot of public parks nearby. It’s not too loud and overall a peaceful neighborhood."
    4
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  • Crystal R.
    "It’s very Peaceful and quite and there’s a lot of shopping centers near by to shop. Also healthy options as well. "
    3
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  • Isabelle M.
    "People walk their dogs all the time and at all hours of the day. Women will walk their dogs by themselves at night in the neighborhood, and it's safe! If you have a dog, this is a great area for walks."
    1
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  • Jhowler
    "Residents are respectful of dog owners, as long as dogs are on leashes and their owners clean up after them, both of which are true the majority of the time, at least since I’ve been living here. Barking dogs can be an issue, with some residents allowing their pets to “express” themselves for longer than they shouldbefore calming them. This is my only dog related complaint."
    4
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  • Kimberface
    "There are many families in this neighborhood. There are a couple of mediocre parks nearby. I don't think the neighborhood is necessarily the safest place but it's not the most dangerous by any means either. Midcity lands in the middle across the board. "
    5
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  • Nils T. S.
    "it is a nice community of property owners that really care about their community. Friendly. always says Hi. Not a lot of homeless freaks. Feels safe at all times. "
    19
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  • Heather K.
    "The neighborhood is very family friendly. Dog friendly. Good for walking. Restaurants and shopping nearby. "
    2
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  • Adahglenn
    "I grew up in this neighborhood and raised my kids here. It’s not perfect but a nice L.A. neighborhood. "
    1
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  • Yoch91
    "Not many community events. There doesn’t appear to be a lot of community interaction or pride for mid city. Just very nice location for being central to all the fun destinations."
    2
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  • Wendy C.
    "Close to many restaurants and museums. Not a long drive to get downtown. Some Block parties happen nearby"
    1
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  • Neda Z.
    "They would like it here, lots of place to walk the dogs around in this neighborhood. And not very much traffic. "
    2
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  • Angiebgarnett
    "I don’t work far so it’s easy. Mid city is very accessible, and trips to downtown are easy. It’s also pretty easy to get to Santa Monica "
    2
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  • Aimee M.
    "Moderately good. Lots of shortcuts around and quite accessible. I like it but car insurance is too expensive in this area."
    0
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  • Taylor H.
    "Lots of grass and friendly neighbors. People from outside the neighborhood come here just so they can walk their dogs. It’s lovely!"
    3
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LGBTQ Local Legal Protections

Stefani Schmacker 'Stolper', The Beverly Hills Estates
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. 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. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
55 Fremont Pl, Los Angeles, CA 90005 is a 7 bedroom, 8 bathroom, 10,567 sqft single-family home built in 1915. 55 Fremont Pl is located in Mid City, Los Angeles. This property is currently available for sale and was listed by CLAW on Apr 17, 2024. The MLS # for this home is MLS# 24-381357.