NOT LISTED FOR SALE

10501 Wellworth Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $3,050,000 - $3,316,000

4 Beds
3 Baths
2,722 Sq Ft
$1,164/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Views of Trees
  • Traditional Architecture
  • Fairburn Avenue Elementary Rated A
  • Living Room with Fireplace
  • Wood Flooring

About This Home

As of July 2016

Classic two-story Traditional home perfectly situated on a large corner lot. Featuring a formal entry that leads to a step down living room with fireplace and sliding doors to the rear yard; Cozy wood paneled den with fireplace and wet bar; Elegant formal dining room; An updated kitchen with granite counter tops, custom cabinets and breakfast area; An expansive master suite includes a spacious covered balcony, custom walk-in closet, master bath with dual sinks, tub and separate shower. Two additional bedrooms upstairs share a pristine tiled bathroom. The outdoor living space features an expansive covered patio, which leads out to a sparkling pool and seating area, perfect for entertaining and dining al-fresco.

Last Agent to Rent the Property

Rory Posin

Estate Properties License #01030819 Listed on: 05/13/2016

Co-Listed By

Kristian Bonk

Estate Properties License #01466159

Last Renter's Agent

Outside Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,062

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 8,126 Sq Ft Lot
  • South Facing Home
  • Front and Back Yard Sprinklers
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,722 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Gas Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den with Fireplace
  • Wood Flooring
  • Views of Trees
  • Security System Owned
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Listing and Financial Details

  • Security Deposit $16,000
  • Tenant pays for cable TV, electricity, gas, insurance, water
  • Rent includes gardener, pool, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 4326-008-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,062

Year Built

Built in 1935 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1st Month Rent, Security Deposit
  • Credit Report Paid By: Tenant
  • Rent Includes: Gardener, Pool, Trash Collection
  • Security Deposit: 16000
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Lease Terms: 1+Year
  • Living Area: 2722
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1935
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Den, Gas, Gas and Wood, Living Room
  • Flooring: Hardwood
  • Appliances: Free Standing Gas
  • Bedrooms: 4
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area
  • Laundry: In Kitchen, Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Equipment: Alarm System, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 2.75

Exterior Features

  • Direction Faces: South
  • Tennis Court Y/N: No
  • Patio: Balcony, Patio Open
  • Pool Description: Private
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa: Private
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Detached, Garage, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central, Dual
  • Heating: Central
  • Security: Owned
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Front, Rear, Sprinkler System
  • Assessor Parcel Number: 4326-008-018
  • Geocode Override: No
  • Lot Size Area: 8126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2018
Sold by
Lim William T and Sun Lihua
Bought by
Lim William T and Sun Lihua
Current Estimated Value
$3,168,560

Purchase Details

Closed on
Feb 13, 2007
Sold by
Lim William T and The William T Lim Survivors Tr
Bought by
Lim William T and Sun Lihua

Purchase Details

Closed on
Jan 10, 2002
Sold by
Tabach Bank Bradley and Bank Helene
Bought by
Lim William T and The William T Lim Survivors Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,500
Interest Rate
7.11%
Mortgage Type
Stand Alone First
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
Lim William T -- None Available
Lim William T -- None Available
Lim William T $897,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lim William T $437,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Rented $6,995 -6.7% --
07/08/2016 07/08/16 Under Contract -- -- --
06/08/2016 06/08/16 Price Changed $7,495 -6.3% $3 / Sq Ft
05/13/2016 05/13/16 For Rent $7,995 -- --
Source: The MLS

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 $16,062 $1,325,416 $956,399 $369,017
2024 $16,062 $1,299,429 $937,647 $361,782
2023 $15,756 $1,273,951 $919,262 $354,689
2022 $15,031 $1,248,973 $901,238 $347,735
2021 $14,841 $1,224,484 $883,567 $340,917
2019 $14,400 $1,188,167 $857,361 $330,806
2018 $14,307 $1,164,870 $840,550 $324,320
2016 $13,678 $1,119,638 $807,911 $311,727
2015 $13,479 $1,102,821 $795,776 $307,045
2014 $13,525 $1,081,219 $780,188 $301,031
Source: Public Records

Agents Affiliated with this Home

  • Rory Posin

    Landlord's Agent in 2016

    Rory Posin

    RE/MAX

    (310) 839-8500

    5 in this area

    110 Total Sales

    Rory Posin
    Section Image
  • Kristian Bonk

    Landlord's Co-Listing Agent in 2016

    Kristian Bonk

    RE/MAX

    5 in this area

    110 Total Sales

    Kristian Bonk
    Section Image

  • O

    Tenant's Agent in 2016

    Outside Agent

See All Agents

Map

Source: The MLS

MLS Number: 16-125250

The MLS

APN: 4326-008-018

California Los Angeles County Los Angeles 90024 Westwood

10501 Wellworth Ave, Los Angeles, CA

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