$5,000,000 - $7,278,000
RENTED APR 22, 2025
3 Beds
3 Baths
3,056 Sq Ft
$2,090 Price per Sq Ft

Last Sold August 21, 2018

Last sale price $5,200,000 $1,702 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $39,634/month

Highlights

  • Ocean View
  • In Ground Pool
  • Contemporary Architecture
  • West Hollywood Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of April 2025

Exceptionally situated to accentuate some of the most jaw-dropping views in the Hollywood Hills, the newly remodeled 1550 Blue Jay Way will take your breath away! Enjoy approximately 3,400 sq ft of tastefully appointed indoor living space or step out onto the balconies on either level and soak in panoramic views from downtown Los Angeles to Catalina, up the coast of Santa Monica all the way to Malibu. Spend a hot day cooling off in the plunge pool, after which an evening dinner party promises to afford your guests with spectacular views of the city lights below. Among the most desirable neighborhoods in the Hollywood Hills, your turnkey luxury lifestyle on world-famous Blue Jay Way awaits!

Last Agent to Rent the Property

Kenneth Colbert

Kenneth M. Colbert, Broker Brokerage Phone: 310 977-9956 License #01428937 Listed on: 03/13/2025

Last Renter's Agent

Kenneth Colbert

Kenneth M. Colbert, Broker Brokerage Phone: 310 977-9956 License #01428937 Listed on: 03/13/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $68,885

Year Built

  • Built in 1969

Lot Details

  • 0.27 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARE15

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Ocean
  • City Lights
  • Canyon

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,056 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wired For Data
  • Family Room with Fireplace
  • Living Room with Attached Deck
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Living Room Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $25,000
  • Rent includes pool
  • Available 3/13/25
  • Tax Lot 45
  • Tax Tract Number 19229
  • Assessor Parcel Number 5561011013

Community Details

Overview

  • No Home Owners Association
  • $100 HOA Transfer Fee

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$68,885

Year Built

Built in 1969

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-03-13
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 5000
  • Deposit Security: 25000
  • Furnished: Furnished
  • Pets Allowed: Yes
  • Transfer Fees: 100.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: LARE15
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5561011013
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3056.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Living Room Deck Attached, Quartz Counters, Wired for Data
  • Stories: 2
  • Entry Location: street level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Entry Level: 1
  • Fireplace Features: Family Room, Primary Bedroom
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 13.09
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Utility Room, Walk-In Closet
  • Bathroom Features: Bathtub, Quartz Counters, Separate Tub And Shower, Soaking Tub
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private
  • View: Canyon, City Lights, Ocean
  • Patio And Porch Features: Covered, Patio Open
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, High Efficiency Water Heater, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Hiking, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11927.00
  • Lot Size Acres: 0.2738

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: Month To Month, Negotiable, Short Term Lease, Vacation Rental, Weekly
  • Lot Size Area: 11927.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Pool

Tax Info

  • Tax Census Tract: 1943.00
  • Tax Lot: 45
  • Tax Tract Number: 19229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2021
Sold by
Se 988 Llc
Bought by
1550 Bluej Wy Llc
Current Estimated Value
$6,386,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,600,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 20, 2018
Closed on
Jul 24, 2018
Sold by
Raft Master Fund Ii Llc
Bought by
Se 988 Llc
Seller's Agent
Joshua Altman
Douglas Elliman of California, Inc.
Buyer's Agent
Nicholas Mortland
Douglas Elliman
List Price
$5,199,000
Sold Price
$5,200,000
Premium/Discount to List
$1,000
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Original Mortgage
$3,999,999
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2018
Sold by
1550 Bluejay Way Llc
Bought by
Genesis Capital Master Fund Ii Llc

Purchase Details

Closed on
Nov 29, 2017
Sold by
1550 Bluejay Way Llc
Bought by
Genesis Capital Master Fund Iii A

Purchase Details

Closed on
Jun 1, 2015
Sold by
Gb Bluejay Llc
Bought by
1550 Bluejay Way Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,850,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2013
Sold by
Rappaport Herbert I and The Rappaport Family Trust
Bought by
Gb Bluejay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Rappaport Herbert I and The Rappaport Family Trust
Bought by
Rappaport Herbert I and Rappaport Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 21, 2003
Sold by
Rappaport Herbert I and Rappaport Evelyn R
Bought by
Rappaport Herbert I and Rappaport Evelyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2002
Sold by
Kennedy R Joshua and Metlitz Wayne A
Bought by
Rappaport Herbert I and Rappaport Evelyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
6.5%

Purchase Details

Closed on
Apr 12, 1999
Sold by
Trust Lewis Richard E Tr Richard E Lewis
Bought by
Kennedy R Joshua and Metlitz Wayne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1550 Bluej Wy Llc -- Old Republic Title Company
Se 988 Llc $5,200,000 First American Title Company
Genesis Capital Master Fund Ii Llc $5,000,000 Accommodation
Genesis Capital Master Fund Iii A $5,000,000 Accommodation
1550 Bluejay Way Llc $7,500,000 Fidelity National Title Co
Gb Bluejay Llc $3,000,000 Provident Title Company
Rappaport Herbert I -- None Available
Rappaport Herbert I -- None Available
Rappaport Herbert I -- None Available
Rappaport Herbert I -- None Available
Rappaport Herbert I -- Lawyers Title Ins Corp
Rappaport Herbert I -- California Title Company
Kennedy R Joshua $695,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1550 Bluej Wy Llc $1,250,000
Open 1550 Bluej Wy Llc $5,850,000
Closed 1550 Bluej Wy Llc $4,225,000
Closed 1550 Bluej Wy Llc $4,600,000
Closed Se 988 Llc $4,000,000
Closed Se 988 Llc $3,999,999
Previous Owner Se 988 Llc $1,481,000
Previous Owner 1550 Bluejay Way Llc $884,000
Previous Owner 1550 Blue Jay Way Llc $3,000,000
Previous Owner 1550 Bluejay Way Llc $4,850,000
Previous Owner Gb Bluejay Llc $1,800,000
Previous Owner Rappaport Herbert I $350,000
Previous Owner Rappaport Herbert I $586,800
Previous Owner Rappaport Herbert I $412,500
Previous Owner Rappaport Herbert I $580,000
Previous Owner Rappaport Herbert I $580,000
Previous Owner Kennedy R Joshua $380,000
Previous Owner Kennedy R Joshua $556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 Rented $40,000 +60.0% --
03/13/2025 03/13/25 For Rent $25,000 0.0% --
08/21/2018 08/21/18 Sold $5,200,000 0.0% $1,702 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $5,199,000 0.0% $1,701 / Sq Ft
01/05/2015 01/05/15 Rented $12,000 0.0% --
12/31/2014 12/31/14 Under Contract -- -- --
12/17/2014 12/17/14 For Rent $12,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $68,885 $5,800,695 $5,131,386 $669,309
2024 $68,885 $5,686,957 $5,030,771 $656,186
2023 $67,535 $5,575,449 $4,932,129 $643,320
2022 $64,393 $5,466,127 $4,835,421 $630,706
2021 $63,637 $5,358,949 $4,740,609 $618,340
2020 $64,241 $5,304,000 $4,692,000 $612,000
2019 $61,649 $5,200,000 $4,600,000 $600,000
2018 $60,313 $5,000,000 $4,250,000 $750,000
2017 $91,778 $7,650,000 $5,355,000 $2,295,000
2016 $89,819 $7,500,000 $5,250,000 $2,250,000
2015 $37,070 $3,073,831 $2,072,582 $1,001,249
2014 -- $3,013,619 $2,031,983 $981,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25056196

California Regional Multiple Listing Service (CRMLS)

APN: 5561-011-013