55 Fremont Place Los Angeles, CA 90005
Miracle Mile Neighborhood
7
Beds
8
Baths
10,567
Sq Ft
1.58
Acres
Highlights
- Detached Guest House
- In Ground Pool
- Living Room with Fireplace
- 24-Hour Security
- 1.58 Acre Lot
- 5 Car Attached Garage
About This Home
As of July 2024Exceptional 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $45,757
Year Built
- Built in 1915
Lot Details
- 1.58 Acre Lot
- Lot Dimensions are 268x232
- Property is zoned LARE20
HOA Fees
- $400 Monthly HOA Fees
Parking
- 5 Car Attached Garage
Interior Spaces
- 10,567 Sq Ft Home
- 3-Story Property
- Living Room with Fireplace
- Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 8 Full Bathrooms
Pool
- In Ground Pool
- Spa
Additional Homes
- Detached Guest House
Community Details
- 24-Hour Security
Listing and Financial Details
- Assessor Parcel Number 5090-018-001
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2024 07/18/24 | Sold | $8,500,000 | -34.6% | $804 / Sq Ft |
| 06/07/2024 06/07/24 | Pending | -- | -- | -- |
| 06/07/2024 06/07/24 | Price Changed | $13,000,000 | +62.5% | $1,230 / Sq Ft |
| 05/01/2024 05/01/24 | Price Changed | $8,000,000 | -40.7% | $757 / Sq Ft |
| 04/17/2024 04/17/24 | For Sale | $13,500,000 | -- | $1,278 / Sq Ft |
Source: The MLS
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 |
|---|---|---|---|---|
| 2024 | $45,757 | $3,693,253 | $2,215,955 | $1,477,298 |
| 2023 | $44,882 | $3,620,837 | $2,172,505 | $1,448,332 |
| 2022 | $42,821 | $3,549,841 | $2,129,907 | $1,419,934 |
| 2021 | $42,264 | $3,480,238 | $2,088,145 | $1,392,093 |
| 2019 | $41,005 | $3,377,013 | $2,026,210 | $1,350,803 |
| 2018 | $40,349 | $3,310,798 | $1,986,481 | $1,324,317 |
| 2016 | $38,520 | $3,182,238 | $1,909,345 | $1,272,893 |
| 2015 | $37,955 | $3,134,438 | $1,880,665 | $1,253,773 |
| 2014 | $38,086 | $3,073,040 | $1,843,826 | $1,229,214 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $5,100,000 | New Conventional | |
| Previous Owner | $8,450,000 | New Conventional | |
| Previous Owner | $7,500,000 | Commercial | |
| Previous Owner | $6,050,000 | New Conventional | |
| Previous Owner | $1,000,000 | Commercial | |
| Previous Owner | $4,403,100 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $4,353,700 | New Conventional | |
| Previous Owner | $2,486,000 | Credit Line Revolving | |
| Previous Owner | $400,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Unknown | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Credit Line Revolving | |
| Previous Owner | $1,430,000 | Unknown | |
| Previous Owner | $1,499,950 | No Value Available | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $1,400,000 | Unknown | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $1,185,000 | Unknown | |
| Previous Owner | $25,000 | Stand Alone Second | |
| Previous Owner | $40,000 | Stand Alone Second |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Grant Deed | $8,500,000 | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $2,500,000 | Equity Title Company | |
| Grant Deed | $1,300,000 | Equity Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 24-381357
APN: 5090-018-001
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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